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Investments

funding

Cronycle secures $2.6m from Andurance Ventures
posted on July 28, 2016

Cronycle, a startup that enables users to filter online content on platforms such as Twitter, has raised $2.6m from existing investor Andurance Ventures. The startup was co-founded by Nicolas Granatino, also a co-founder and partner at Andurance Ventures, an independent tech venture capital firm launched in London four years ago. Speaking about his firm’s investment in…

smart pension

FinTech startup Smart Pension gets ‘more than £3m’ in funding
posted on July 28, 2016

FinTech startup Smart Pension has received an undisclosed sum of investment from European asset manager Legal & General Investment Management (LGIM). Although the amount remains undisclosed it is understood to be higher than Smart Pension’s £3.3m Series A round, which at the time brought the company’s cumulative funding to £5m. Mark Zinkula, CEO of LGIM, spoke…

funding

Big Health gets £9.15m in round led by Octopus Ventures
posted on July 27, 2016

Digital health firm Big Health has landed £9.15m in funding in a round led by Octopus Ventures. The round also drew support from Kaiser Permanente Ventures, Index Ventures, Sean Duffy, JamJar Investments, Esther Dyson and Peter Read. Founded in London in 2010 by Peter Hames and Professor Colin Espie, Big Health – the creator of…

data science

Data science hub Pivigo secures funds from investors including Craigie Capital
posted on July 27, 2016

Data science hub Pivigo has landed funding from investors including Angel Academe, Craigie Capital, Dunamis Ventures and the London Co-Investment Fund.

online shopping

Poq closes $4m Series A funding round led by Beringea
posted on July 27, 2016

Retail app commerce startup Poq has landed $4m in Series A funding in a round led by growth and venture investor Beringea. The company, which provides a SaaS platform to allow retailers to offer customer-facing shopping apps, also drew support from existing investors Seedcamp and Venrex. Launched in 2011 in London, the company is behind…

Tide

Mobile-first banking service Tide gets $2m in seed funding
posted on July 25, 2016

Mobile-first banking service Tide has closed a $2m seed funding round with investment from LocalGlobe, Passion Capital and other high profile entrepreneurs. Founded early last year by George Bevis, also the CEO, Tide claims to allow customers to set up a business current account in three minutes or less in an attempt to let people…

valet parking

On-demand Valet parking platform Vallie closes $750,000 seed round
posted on July 22, 2016

On-demand valet parking service Vallie has closed a $750,000 seed funding round led by SAATCHiNVEST. Co-founded by Nash Islam and Robin Doble last year, Vallie enables customers in Central London to drop their car off and have it collected and parked by a driver. The money, a statement said, will be used to continue developing…

MasterCard

MasterCard acquires UK FinTech firm VocaLink for £700m
posted on July 21, 2016

MasterCard Incorporated has acquired 92.4% of payments services company VocaLink Holdings for around £700m.

HomeTouch Team

HomeTouch gets £700,000 in funding to expand across the UK
posted on July 21, 2016

HomeTouch has closed a £700,000 funding round from Global Founders Capital (GFC) to boost its growth across the whole of the UK by 2017.

MarketInvoice

Peer-to-peer finance provider MarketInvoice raises £7.2m
posted on July 18, 2016

Peer-to-peer finance provider MarketInvoice has raised £7.2m in a round led by MCI.TechVentures Fund of MCI Capital Group. The Manchester and London-based business finance intermediary was founded in 2011 and allows small and medium-sized businesses who have outstanding invoices to trade these with institutional investors online in order to gain working capital. Anil Stocker, co-founder…

pureLiFi Team (1)

Edinburgh’s pureLiFi closes Series B, brings total raised to over $10m
posted on July 15, 2016

PureLiFi has announced the closure of an undisclosed Series B funding round, bringing its cumulative funding raised to date to more than $10m. The startup, which spun out of the University of Edinburgh, uses visible light spectrum – instead of radio frequencies – to deliver high-speed data communication and Internet access. According to a statement, the…

snupps funding

Snupps lands $4.75m in seed funding from undisclosed investors
posted on July 15, 2016

Snupps, an app that allows consumers to organise and digitise their possessions, has raised $4.75m in seed funding from a series of undisclosed angel investors and family trusts. The London-based company allows users to upload and manage images – and details of their belongings – on virtual shelves which can either be kept private or…

Editor's picks

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posted on July 29, 2016

acquisition UK

60 seconds with … Nitzan Yudan, co-founder of FlatClub
posted on July 29, 2016

brexit thinking woman

Tech companies: What Brexit means for you
posted on July 29, 2016

TWIT image Emily

Big Health’s £9.15m round, Hailo’s merger with MyTaxi, Yahoo’s acquisition & more in your Week in Tech
posted on July 29, 2016

opportunities

Opportunity for FinTech firms as UK regulator calls for payments reform
posted on July 28, 2016