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Report: EdTech spend will reach $252bn by 2020

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EdTech

Report: EdTech spend will reach $252bn by 2020
posted 11 hours ago

The global education technology (EdTech) market will grow 17% per annum to $252bn by 2020, according to a report from EdTechXGlobal and IBIS Capital. So far, the US has made the biggest waves in the EdTech space, the report suggests, adding that Asia is now experiencing the world’s fastest growth in investment into the sector. Europe,…

London EY report

EY Report: 23% of people think London will produce the next tech giant
posted on May 24, 2016

Some 23% of investors think London offers the best chance of producing the next tech giant. According to EY UK’s Attractiveness Survey 2016, which surveyed 1469 people, London ranked alongside San Francisco in terms of its perceived capacity for tech innovation. San Francisco came slightly on top of London with 29% of the vote and…

TWIT20.05

ARM acquires Apical for $350m, Queen’s speech, a self-making bed & more in your Week in Tech
posted on May 20, 2016

Welcome to your Week in Tech. Investments Rental platform Goodlord has raised £2m from Robin and Saul Klein’s LocalGlobe Capital and Global Founders Capital. The software, the firm claims, is already being used by 200 letting agencies in the UK. In other news, venture capital fund Frog Capital II has raised a further €9m to…

FintechMonthly0305

FinTech Monthly: Money 20/20, Affirm raises $100m & Accenture report
posted on May 4, 2016

Welcome to the FinTech Monthly for April 2016. Today, we’re filming from the offices of investment firm Forward Partners. We caught up with Matthew Bradley of Forward Partners, and he told us about the trends he’s seen in FinTech investment so far this year. We also spoke to Sam Brown, of law firm Gowling WLG,…

data intelligence

Data intelligence startup Ripjar secures ‘significant investment’ from Winton Ventures
posted on May 3, 2016

Data intelligence platform Ripjar, founded by former GCHQ engineers, has raised an undisclosed sum from Winton Ventures, the VC capital arm of the Winton Group. The firm, headquartered in Cheltenham, allows organisations to explore, visualise and prioritise real-time information from bulks of structured and unstructured data. To do so, the firm applies natural language processing, machine…

e-learning

Londonderry e-learning firm lands investment from Carlyle Cardinal Ireland
posted on May 3, 2016

Londonderry-based e-learning firm Learning Pool has received investment from Carlyle Cardinal Ireland (CCI), a €292m private equity fund focused on growth capital and buyout investment opportunities Although the financial terms of the investment remain undisclosed, the private equity fund typically invests between £5m and £40m. This particular investment is thought to be in the middle range….

Fashintech accelerator

ASOS and Telefonica’s Wayra launch Fashion Tech startup accelerator
posted on May 3, 2016

Fashion Tech startups in the UK have until 23rd of May to apply for the ASOS and Wayra accelerator programme. Launched today, the eight month programme is offering £34,000 in direct investment, dedicated acceleration services, intensive mentoring and office space to a select number of innovative startups in the fashion sector. Speaking about the launch,…

startup weekly today

Startup Weekly: OVH accelerator, Innovate UK grant & more
posted on April 29, 2016

Here’s your weekly round up of startup competitions, awards, co-working spaces and accelerator news. OVH accelerator OVH, a cloud computing company, has launched its Digital Launch Pad incubator programme in the UK. The scheme will seek to provide innovate UK startups with funding and technical support from the seed stage all the way to market…

Henry Wigan2

Mustard Seed launches new £25m venture fund to invest in tech for good
posted on April 29, 2016

Mustard Seed has launched a new London-based £25m fund to invest in tech for good across the UK and abroad. Mustard Seed was born out of a pitch competition in 2013, after its two co-founders Henry Wigan and Alex Pitt noticed a gap in the market which they believed needed to be addressed. “Too many…

4H5A9186

Nokia acquires Withings for €170m, UK Government explores using blockchain & more in your Week in Tech
posted on April 29, 2016

Investments Biobeats has raised $2.8m. Biobeats is a machine learning platform that delivers insights about the real-time wellbeing of employees in corporate settings. Smart content platform StoryStream has closed a £1.8m Series A funding round led by MMC Ventures. LaunchPad Recruits has raised £2m in Series A. The startup provides video interviewing and screening technology…

BioBeats

BioBeats closes $2.28m funding round led by White Cloud Capital
posted on April 28, 2016

BioBeats, a platform that uses machine learning to deliver real-time insight into the well-being of employees, has closed a $2.28m funding round led by White Cloud Capital. The round also drew support from AXA Strategic Ventures and IQ Capital. Founded in 2013, the firm said it will use the newly procured funds to deliver its…

HouseTrip

London travel tech firm HouseTrip acquired by TripAdvisor
posted on April 28, 2016

London-based holiday rentals firm HouseTrip has been acquired by TripAdvisor in an undisclosed deal. Founded in 2010 and with over $60m in funding from Index Ventures, Balderton Capital and Accel Partners, HouseTrip will now move forward as part of the TripAdvisor Vacation Rentals group. “We’re committed to growing TripAdvisor Vacation Rentals and providing travellers the best…

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