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On-demand delivery firm Quiqup gets £20m as it gears up for global expansion

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Ex-CEO of Ve Interactive under investigation for fraud

Investments

EXCLUSIVE: E-commerce firm Paddle merges with DevMate in ‘seven figure’ deal

Press Releases

Zzish hits £1.15m funding target on Crowdcube for technology that will democratise quality education and move the needle on learning
Okappy announces the launch of its investment pitch on the AngelsDen equity crowdfunding platform
Recruitment disruptor talent.io poised for further growth with €8m investment secured

Transferwise raises $26m, Tinder sues 3nder, shocking wearables & more in your Week in Tech

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Welcome to your Week in Tech.

Investments

Rock Pamper Scissors has raised £1.2m from investors including 500 Startups and Seedcamp to strengthen their tech team.

SyndicateRoom has raised £3.1m for its investor-led equity crowdfunding platform.

A $500m tech fund, Google I/O, WannaCry and more in The Week in Tech

Braci, a Birmingham-based startup has raised £490,000 pounds. Braci helps the hard of hearing with a sound recognition platform which converts environmental sounds into visual and sensory smartphone notifications and alerts.

Finally, TransferWise, the international money transfer platform, has closed a $26m round by Baillie Gifford, bringing the company’s the total funding to $117m since it was founded in 2011.

Croydon co-working space TMRW launches

This week the co-working space TMRW launched in Croydon.

The South London tech hub is part of the government’s £7bn investment into the re-generation of the area.

Croydon is now officially the fastest growing tech cluster in London with more startups built there last year than anywhere else.

Google Paris

French investigators have raided Google’s Paris headquarters, saying the company is now under investigation for financial fraud and organised money laundering.

The software giant is suspected of evading taxes by failing to declare the full extent of its activities in the country.

Tinder sues 3nder

Tinder is suing 3nder for trademark infringement.

Tinder’s claim is based on the supposed pronunciation of 3nder, and is asking the independent app for threesomes to shut down its website and remove all references to its name, including those by third party sources.

Download of the week

Our ‘Download of the Week’ is Spoon Guru.

Spoon Guru helps those with specific dietary requirements to figure out what they can and can’t eat.

Users simply create a profile and enter their details.

There are a range of options from gluten free and organic to vegetarian or vegan. You can even scan a product’s barcode to find out if its suitable!

And Finally

And finally, are you guilty of overspending?

The Pavlock wristband can be set to monitor a user’s habits, once you’ve set up your own rules, the band will give you an electric shock if you spend too much.

So why not let a wearable take the shock out of your credit card bill.

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Editor's picks

Quiqup team photo

On-demand delivery firm Quiqup gets £20m as it gears up for global expansion
posted 10 hours ago

David Brown, VE

Ex-CEO of Ve Interactive under investigation for fraud
posted 17 hours ago

paddle team

EXCLUSIVE: E-commerce firm Paddle merges with DevMate in ‘seven figure’ deal
posted 19 hours ago

CalumSmeaton

Calum Smeaton, CEO of TVSquared, on growing a successful UK AdTech firm and raising $12.5m
posted 21 hours ago

diversity uk vc

Research spotlights lack of women in UK venture capital industry
posted 23 hours ago

Labour’s Manifesto: what does it mean for UK tech?
posted on May 23, 2017