Menu visibility control

Video

Events

Startup Surgery

Most Recent

Tech City Voices

Spring Budget 2017: The key takeaways for tech entrepreneurs

News

Top tech stats: Job automation, driverless cars and much more

News

Startup Weekly: Nesta’s £5m prize fund, Digital Catapult and Seedcamp’s VR cohort and much more

Press Releases

Starling Bank unveils beta as it begins roll out to first customers
VentureFounders surpasses £40m funding mark in 2 years of operation
Software testing leader TestPlant appoints Dr. John Bates as CEO

A £12m series B, a £57.5m fund for Northern SMEs, a hoverbike and more in The Week in Tech

twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Welcome to The Week in Tech, your video roundup of the week’s top technology news. This episode, we’ve got almost £30m of funding rounds, a £57.5m fund for Northern SMEs, a hoverbike and much more.

Investments

Reading-based customer engagement platform Ecrebo closed a £12m Series B funding round. The company, which closed a $6.3m Series A in December 2014, drew support from investors including Sir Keith Mills, the founder of Air Miles and Nectar customer loyalty programmes.

UK electric vehicle charging company POD Point raised a £7.5m Series C. Draper Esprit led the round with a £5m investment, with £2m being committed by Barclays Capital and £550,000 from angel investors.

A $30.4m Series B, a £120m AI fund, a Mario Kart hack and more in The Week in Tech

Edinburgh-based analytics platform TVSquared received $6.5m in a round led by West Coast Capital. The company also drew support from the Scottish Investment Bank and existing investors.

Other rounds this week include the $3.75m raised by AR startup Zappar, the £1m Seed by Glasgow-based Adimo and the seven-figure round closed by Manchester firm Zaptic.

British news

Maven Capital Partners is to allocate £57.5m to growing SMEs across the North of England after inking a deal with the Northern Powerhouse Investment Fund. Ryan Bevington, the fund’s manager, said he sees exceptional potential in the region’s tech sector.

International story

Overseas, Berlin-based early-stage investor Project A announced a €180m technology investment fund to invest in startups across Europe. The fund’s portfolio already includes many UK tech companies including Lostmyname, WorldRemit and ZenMate.

Download

This episode’s download of the week is one for the kids. The Gruffalo Spotter is an augmented reality app that can be used on trails at 26 Forestry Commission England sites. Families can follow clues on an interactive trail and track signs of their favourite characters based on best-selling picture book.

And finally

A Russian startup has created a hoverbike. The single-seat aircraft is capable of lifting a person in the air with full passenger control. Called the Scorpion-3 the quadcopter is designed to make flying accessible to the masses.

That’s all for this week’s episode of The Week in Tech. For more technology news, subscribe to our newsletter and follow us on Twitter.

Enter your e-mail address to receive updates straight to your inbox

* indicates required
Send me news on...
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Editor's picks

Big Ben Spring Budget 2017

Spring Budget 2017: The key takeaways for tech entrepreneurs
posted 16 hours ago

jobs automation top tech stats

Top tech stats: Job automation, driverless cars and much more
posted on March 25, 2017

Startup Weekly

Startup Weekly: Nesta’s £5m prize fund, Digital Catapult and Seedcamp’s VR cohort and much more
posted on March 24, 2017

London skyline

FinTech startup Quantexa lands $3.3m Series A led by Albion Ventures and HSBC
posted on March 24, 2017

The North of England

The top tech hubs in the North of England
posted on March 24, 2017

TWIT Emily 23.03.17

A $30.4m Series B, a £120m AI fund, a Mario Kart hack and more in The Week in Tech
posted on March 24, 2017