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Why blockchain tech ‘could transform financial services forever’

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Startup Weekly: OVH accelerator, Innovate UK grant & more

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Mustard Seed launches new £25m venture fund to invest in tech for good

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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…

Christian Faes & Ian Thomas - LendInvest

LendInvest gets access to £40m following deal with global investment bank
posted on April 28, 2016

Peer-to-peer lending platform LendInvest has agreed a £40m warehouse financing facility with global investment bank Macquarie. In a move that seemingly signals further collaboration between traditional banks and FinTech startups, the deal will give LendInvest access to £40m to fund mortgages with. The news, which comes after LendInvest’s £17m raise in March, brings its total…

edinburgh

University of Edinburgh spin-out Sofant Technologies lands £1.54m in funding
posted on April 27, 2016

Edinburgh University technology spin-out Sofant Technologies Limited has landed £1.54m in funding. The investment, part of the €3bn Horizon 2020 SME Instrument programme, will be used to introduce Sofant’s patented technology – which seeks to double the battery life of mobile devices – to market. Sofant COO, Ahmed El-Rayis spoke about the firm’s product: “We…

brighton

Brighton-based StoryStream gets £1.8m in Series A funding
posted on April 27, 2016

Smart content platform StoryStream has closed a £1.8m Series A funding round led by MMC Ventures. Based in Brighton and founded in 2012, StoryStream’s technology sets out to solve the challenges faced by brands who are competing for customer attention online, helping marketers to combine user generated content to create a targeted brand experience. The…

government blockchain

UK government exploring blockchain tech to distribute taxpayer money
posted on April 26, 2016

The UK government is exploring ways in which it can use blockchain technology to distribute taxpayer money “fairly and securely”, according to Matthew Hancock, minister for the Cabinet Office and Paymaster General. Speaking at a blockchain networking event held in London today, Hancock announced that the government would begin to look at blockchain technology as…

launchpad recruits

London-based LaunchPad Recruits gets £2m in Series A funding
posted on April 25, 2016

LaunchPad Recruits, which provides video interviewing and screening technology to employers, has raised £2m in Series A funding from investors including Sussex Place Ventures and  Edenred Capital Partners. According to a statement, the funding will bring increased HR analytics to the company’s blue chip customers by applying machine learning to their performance and promotion management….

startup weekly 22nd april

Startup Weekly: FinTech demo day, Brexit survey, WeWork launch & more
posted on April 22, 2016

Here’s your weekly round up of startup competitions, awards, co-working space and accelerator news. 2016 Talent Unleashed Awards The Talent Unleashed Awards announced call for entries this week with Apple co-founder Steve Wozniak and Virgin founder Sir Richard Branson at the helm of the hunt for the country’s best and brightest tech entrepreneurs. Wozniak will…

doopoll

Cardiff-based startup Doopoll secures funding
posted on April 22, 2016

Cardiff-based startup Doopoll has received funding from angel investor Konrad Litwin and Finance Wales, raising its valuation to £1m. Founded last year by Marc Thomas, Steve Dimmick and Sam Goudie,  Doopoll creates online polls to provide feedback in real-time and is now being used by clients such as the National Museum of Wales and Swansea…

Editor's picks

blockchain transform

Why blockchain tech ‘could transform financial services forever’
posted 13 hours ago

startup weekly today

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

Henry Wigan2

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

4H5A9186

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

BioBeats

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

HouseTrip

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