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London Technology Week 2016: The highlights

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girl on phone

Video app Seenit gets £600,000 to grow its team
posted on June 22, 2016

Seenit has raised £600,000 in seed funding to continue helping brands and organisations co-create videos. The funding, which bring’s the company’s total to just under £1m, will be used to grow Seenit’s team. Founder and CEO, Emily Forbes, spoke about the raise: “The Seenit method of community collaboration has put the trust back into brands…

Lystable- team - press

Lystable closes $11m Series A round to aid US expansion
posted on June 22, 2016

Software startup Lystable has raised $11m in Series A funding in a round led by Peter Thiel’s Valar Ventures and Goldcrest Capital. Although founded in the UK by Google designer Pete Johnston, Lystable has now reincorporated as a US company. Peter Johnston said: “This phase is now one of growth. We have figured out a lot…

techspace

Techspace closes £5m Series A round to expand to Berlin
posted on June 21, 2016

Techspace, a co-working space seeking to house fast-growth tech scaleups, has announced the closure of a £5m Series A funding round. The round drew support from a consortium led by real estate investor and entrepreneur Leo Noé. David Galsworthy, CEO and co-founder of Techspace, said: “Co-working has already grown exponentially over the past few years. There’s…

Ian Parry (left) and Andy Miles (right) - close up

Realla.co gets £1.5m in funding to grow its user base
posted on June 21, 2016

Realla.co, a commercial property search engine, has landed £1.5m in funding from a group of property and tech investors led by Kirsh Family Office and Lloyd Dorfman’s Esselco Group. Founded in 2014, Realla seeks to help tenants, investors and agents source property and will use the funds to accelerate its growth and develop its technology further….

invoice cycle seed funding

FinTech startup Invoice Cycle closes $4m seed round
posted on June 20, 2016

Invoice Cycle, a FinTech startup, has closed a $4m seed funding round led by Mueller Medien group of companies. The round also drew support from existing investors and SeedIL, a prominent international angel group. According to a company statement, the funding will be used to boost R&D activities and to expand the firm’s footprint in strategic…

condeco

UK tech firm Condeco raises $30m to aid global expansion
posted on June 20, 2016

Condeco, a workplace management technology provider, has raised $30m in a round led by Highland Europe to expand across the US, Europe and Asia. The London-based company, founded in 2005, claims to serve clients such as Barclays, Reuters and Unilever. Paul Statham, founder and CEO of Condeco Software, spoke about the raise: “This investment comes…

bankers

London startup Beamery raises $2m in seed funding
posted on June 16, 2016

Beamery, an Angelpad backed startup, has raised $2m in seed funding from Edenred Capital Partners and Grupa Pracuj to work on its company recruiting software. The startup, based in London, uses large-scale data-mining and machine learning algorithms to automate relationship tracking for recruiters. Abakar Saidov, CEO at Beamery, said: “The are lots of great products to manage…

newcastle

Newcastle firm Performance Horizon raises $15.4m in Series C funding
posted on June 16, 2016

Newcastle firm Performance Horizon has closed a $15.4m Series C round. The funding round drew support from the Greycroft Growth fund alongside additional investments from existing investors such as Mithril and DN Capital. Performance Horizons, which closed a $10m Series B round in September 2014, provides SaaS solutions to allow brands to connect with their…

Spoonfed directors.

Scottish SaaS startup Spoonfed raises £585,000
posted on June 13, 2016

Spoonfed, a Scottish SaaS provider, has raised £585,000 in funding from a group of investors including angel investment syndicate Equity Gap. The round also drew support from private US and Channel Islands investors and the Scottish Investment Bank. According to a statement, the money will be used to accelerate international growth across the Far East…

investment

Satago secures £1.6m from ESF Capital
posted on June 8, 2016

Satago, an automated accounts receivable software, has received £1.6m in equity investment from ESF Capital, an institutional peer-to-peer accelerator. As part of the deal, Satago – which claims to serve more than 1000 SMEs – will receive an initial £3m in debt finance. Steven Renwick, CEO and founder of Satago, said in a statement: “Late payments…

silicon valley

Hibob attracts Silicon Valley investment in $7.5m seed round
posted on June 7, 2016

Hibob, a startup which seeks to disrupt the way in which SME’s approach people management, has raised $7.5m in seed funding. Silicon Valley-based Bessemer Venture Partners – an investor in Skype, LinkedIn and Pinterest – led the round, which also drew support from LocalGlobe and several angel investors. Andy Bellass, co-founder of hibob, commented on the…

Smart Pension

Smart Pension closes £3.3m Series A round
posted on June 3, 2016

Smart Pension, an automated enrolment pension provider, has closed a £3.3m Series A round. The round, which drew support from a range of angle investors including Ed Asseily, Secret Escapes co-founder Tom Valentine, and William Reeve, brings the company’s total funding to £5m. Smart Pension co-founder and CEO Andrew Evans, said: “We are building an…

Editor's picks

London

London Technology Week 2016: The highlights
posted 8 hours ago

startup weekly 24th june

Startup Weekly: #LDNTechWeek, Welsh startup demo & more
posted on June 24, 2016

brexit

UK tech community reacts to Brexit
posted on June 24, 2016

Slack for iOS Upload (4)

Condeco gets $30m, Twitter buys Magic Pony & more in The Week in Tech
posted on June 24, 2016

taking the leap

Taking the leap: From Microsoft Research to startup co-founder
posted on June 24, 2016

team work

5 things FinTech startups should know before working with banks
posted on June 23, 2016


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