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Farmdrop gets £7m from investors including Skype co-founder Niklas Zennström

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More than £1m transacted using Loot in its first 4 months
HT2 Labs receives Series A investment from City & Guilds Group

Dylan Baker

Reporter

2 years

ClusterHQ_1

Accel make second UK ‘container’ investment as ClusterHQ raises $12m
posted on February 5, 2015

VC Accel Partners has led a $12m in development software startup ClusterHQ, its second investment in the increasingly popular container space in just over two months. Although it might make many people’s eyes glaze over, container tech has rapidly risen in popularity. The technology effectively allows for a more efficient partitioning of certain technical services. It…

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Skimlinks grabs $16m to push website ‘comtent’
posted on February 5, 2015

Content monetisation platform Skimlinks has raised a $16m Series C funding round, bringing its total raised to date to $24m. The London-based startup helps publishers manage affiliate campaigns and allows them to create extra value in their content. If a blog writes about a product, Skimlinks automatically creates a monetisable link that rewards the publisher…

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GetMyFirstJob raises $750k to tackle youth unemployment
posted on January 29, 2015

Employment platform GetMyFirstJob has raised $750k from Nesta Impact Investments. The startup uses a web platform to connect young people with companies and training providers so that they can take on apprenticeships that might help them get their first job (hence the name). Fixing youth unemployment A well-documented trend, youth unemployment has risen reasonably steadily…

Runar Reistrup - Depop

Depop raises $8m for social shopping expansion
posted on January 29, 2015

Social shopping startup Depop has announced an $8m Series A funding round led by Balderton Capital. The London-based startup lets users sell products through their social channels by simply taking a picture through their app. US expansion for Depop With the investment, Depop plans to take its social shopping across the pond to the US,…

Deliveroo

Deliveroo grabs $25m to expand high-end takeaway service
posted on January 29, 2015

Food delivery service Deliveroo has announced a $25m Series B round led by Accel Partners. The London-based startup delivers food from high-quality independent and chain restaurants (including Nando’s and GBK), and will use the investment to drive international and UK expansion. The service will launch in Manchester this week, a move described as “the first…

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Could Twitter’s new advertising change the general election result?
posted on January 27, 2015

With 100 days until May’s UK general election, Twitter have announced that political parties (and any other advertisers) can now target ads to users within specific postcodes. The election on May 7th is set to be one of the tightest in recent history and this new tool will let parties engage via Twitter with voters…

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Dojo raises $1.2m with backing from Boris fund
posted on January 27, 2015

Dojo, an app dedicated to finding you the best places to go to in London, has raised a $1.2m seed round. The investment is led by Playfair Capital, with participation from Saatchinvest and several angel investors including Harry Briggs and Ross Bailey (Appear Here). It is the first investment to be made from the new London…

Money Dashboard

Money Dashboard raises $3.7m to give you control of your finances
posted on January 26, 2015

Personal finance platform Money Dashboard has announced a $3.7m funding round led by Calculus Capital. The Edinburgh-based startup aggregates all of a user’s bank accounts to give a full breakdown of where money is being spent, and where it can be saved. Finance control The startup currently tracks $15bn worth of transactions through the platform,…

TransferWise

TransferWise raises $58m from US-based a16z
posted on January 26, 2015

P2P money transfer startup TransferWise has raised a $58m Series C round from US West Coast VC Andreessen Horowitz (a16z). The fintech startup is one of the most well-known and now well-funded startups in East London, having to-date raised $91m with investors including Richard Branson and Index Ventures. The giant of Tech City uses a…

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Judo grabs £6m and picks up KFC as client
posted on January 22, 2015

Mobile payments platform Judo has raised £6m in funding and announced it has picked up KFC as its newest high-profile client. The London-based startup lets clients securely process card payments on mobile devices. Like some of its competitors, Judo also provides an API which helps merchants integrate the system seamlessly. The platform last year partnered with…

Internet of Things

UCL students to tackle Internet of Things with new ARM education kit
posted on January 21, 2015

UCL and digital products giant ARM have launched an Internet of Things educational kit aimed at creating a new generation of technically skilled students. Those behind the partnership hope to push more students into science, technology, engineering and maths (STEM) related professions. Currently around 50% of STEM graduates pursue careers in different areas. The educational…

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Car Throttle raises $1.6m to transform from blog to media platform
posted on January 20, 2015

Automotive media company Car Throttle has raised $1.6m to fuel its expansion and take its community of car fans to the next level. The London-based startup is one of the largest automotive websites in the world, boasting over 1m Facebook fans and 300,000 YouTube subscribers. Since its 2008 launch, the publication dedicated to car enthusiasts has…

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