Truth Social’s parent company sees significant gains, netting former president a $1.2 billion paper profit
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Steven Bartlett invests in chapter 2 to revolutionise recruitment industry
Steven Bartlett invests in Chapter 2 to revolutionise the recruitment industry. Chapter 2 offers scalable, tech-enabled talent solutions, addressing the inefficiencies of traditional recruitment methods and delivering cost-effective results for businesses globally.
Flight-free travel pioneer Byway raises £5M to make journey-based travel mainstream
Byway, the travel tech startup and B Corporation championing flight-free travel, has raised £5 million in an oversubscribed Series A funding round.
CapitalRise secures £30 million funding line for bridging loans
CapitalRise, a leading prime property finance company, has successfully secured a new £30 million funding line with a prominent UK bank.
Edinburgh-based fintech platform Recast raises $5 million in funding round led by Morpheus Ventures
Recast, an Edinburgh-based fintech-for-media platform, has raised $5 million in a funding round led by Morpheus Ventures, with support from Airstream Ventures and Cooley. The investment will advance Recast’s smart payment platform and micro-payment wallet, revolutionising digital content monetisation and distribution.
British space companies aim for the stars with government support
In the UK, satellite navigation and communication underpin an estimated 17.7% of the nation’s GDP. While billion-dollar rocket companies like SpaceX and Blue Origin capture headlines, the UK’s space sector consists predominantly of small businesses.
Bizzed Wins BBT Award at Solana’s SuperTeam Competition
Startup Democratising Ownership of Profitable Main Street Businesses Takes Top Prize After Record 37 Pitches at UK Demo Day
Sustainable Ventures invests 12 times more in female-founded startups than industry average
Sustainable Ventures, Europe’s leading climate tech hub, invests 12 times more in female-founded startups than the industry average. Celebrating its 50th investment, the firm has committed 23% of its funding to female founders, driving success with a unique support model and focus on diverse founders.
Addison Lee up for sale as owners explore potential takeover
leading London minicab firm Addison Lee is up for sale as owners Cheyne Capital and Liam Griffin work with Jefferies to explore a potential takeover. The firm, which transports seven million passengers annually, faces revenue challenges and competition from Uber and black cabs.
UK special effects firm DNEG valued at $2bn after landmark fundraiser
DNEG, the UK special effects firm behind Dune: Part Two and Oppenheimer, secures a $200 million investment from Abu Dhabi’s United Al Saqer Group, valuing the company at over $2 billion. The funding will support DNEG’s expansion and innovation in AI-powered special effects tools.
Simply Asset Finance Secures £120m Loan Facility from Bank of America to Boost UK Business Lending
Simply Asset Finance has announced a major milestone, securing a £120 million loan facility from Bank of America.
MOTORS Acquires Cazoo Brand, Set to Launch Innovative Digital Marketplace
MOTORS acquires the Cazoo brand, planning to launch a new app and website with over 250,000 used car listings, enhancing its digital marketplace for car buyers and dealers.
Lord Sugar Invests in The Apprentice Winner’s Business
Lord Alan Sugar has invested in Rachel Woolford’s business, R Nation, following her victory on The Apprentice. The investment includes a £250,000 stake and Sugar joining as a director.
Nato’s $1bn Fund Backs British Start-Up to Build Space Factories
British start-up Space Forge secures funding from Nato’s $1.1bn investment fund to build space factories for advanced microchip crystals. Discover how this innovative technology aims to transform manufacturing.
Octopus Energy to Invest $2 Billion in US Clean Power
Octopus Energy plans to invest $2 billion in US renewable energy projects by the end of the decade, starting with the acquisition of two solar farms. Learn more about their global clean energy expansion.