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Spring Budget 2017: The key takeaways for tech entrepreneurs

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Top tech stats: Job automation, driverless cars and much more

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Startup Weekly: Nesta’s £5m prize fund, Digital Catapult and Seedcamp’s VR cohort and much more

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Starling Bank unveils beta as it begins roll out to first customers
VentureFounders surpasses £40m funding mark in 2 years of operation
Software testing leader TestPlant appoints Dr. John Bates as CEO

Series B

biotech

London-based biotech company Pulmocide raises $30.4m Series B
posted on March 20, 2017

Pulmocide, a biotech firm run by former GlaxoSmithKline scientists, has closed a $30.4m Series B.

Evrythng

IoT firm Evrythng closes $24.8m Series B led by Sway Ventures
posted on March 14, 2017

Smart device management platform Evrythng has announced the closure of $24.8m Series B funding round led by San Francisco-based investor Sway Ventures.

Team_Monzo

Challenger bank Monzo announces £19.5m investment
posted on February 23, 2017

Challenger bank Monzo has announced a £19.5m Series B round from venture capital firms Thrive Capital, Passion Capital and Orange Digital Ventures.

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…

music festival crowd

Festival booking site Festicket closes $6.3m Series B
posted on June 30, 2016

Festicket, an online platform for music festival experiences, has raised $6.3m in Series B funding. The round drew support by Lepe Partners and existing investors pan-European VC firms Wellington Partners, PROfounders and Playfair Capital. The news comes after the startup raised $2.7m in Series A funding in September 2014 and $680,000 in seed funding back in 2013. Zack…

chris what3words

What3Words lands $8.5m in Series B funding
posted on June 29, 2016

Addressing platform What3words has closed a $8.5m Series B funding round led by Aramex, a logistics giant. The round also drew support from existing investors Intel Capital and funds Force Over Mass Capital and Mustard Seed. Chris Sheldrick, CEO and co-founder of what3words, said: “We are on a mission to change the way people communicate…

Lord Paul Drayson

Drayson Technologies lands £8m in Series B funding
posted on May 11, 2016

Drayson Technologies, the company founded by Lord Paul Drayson, has raised £8m in Series B funding. The round, led by existing investors Lansdowne Partners and Woodford Investment Management, brings the company’s cumulative funding to date to £26m. Lord Drayson, chairman and CEO, Drayson Technologies, said: “Since the launch of our Freevolt technology last year we…

containers

Weaveworks gets $15m in Series B funding
posted on May 11, 2016

Weaveworks, the makers of the Weave network for Docker, has closed a $15m Series B funding round led by new backer GV (formerly Google Ventures). The round, which also drew support from existing investor Accel, comes after the company announced a $5m Series A round in December 2014. According to a statement the company, founded…

Roland Lamb

Music tech firm Roli scores $27m in Series B funding
posted on May 4, 2016

Music technology company Roli has closed a $27m Series B funding round led by Foundry Group. The round also drew support from London-based BGF Ventures and San Francisco-based Founders Fund, who joined the round alongside previous investors; Balderton Capital, FirstMark Capital, Index Ventures, Horizons Ventures and Universal Music Group. A statement said the newly procured funds will…

Onfido

Onfido gets $25m in funding to continue developing machine-learning technology
posted on April 14, 2016

Onfido, an identity verification and background checking provider, has closed a $25m Series B funding round. The round drew support from Idinvest Partners, Wellington Partners Venture Capital and Crunchfund. Husayn Kassai, CEO and co-founder, said: “Background checking isn’t new – what has changed is business. Legacy background checks – manual and dependent on a face-to-face meeting…

Tictail

Tictail eyes global expansion with $22m Series B round
posted on July 29, 2015

Tictail, the global community that allows users to discover the world’s greatest independent brands, has raised $22m in Series B funding from existing investors Creandum, Thrive Capital, Balderton Capital and Acton Capital. The new funding will allow Tictail to enhance its mobile marketplace and further its global expansion. The new Series B funding brings the…

CreditBenchmark

Credit Benchmark raises $20m in Series B financing
posted on July 15, 2015

Credit Benchmark, the independent source of consensus credit risk information, has closed a $20m in Series B funding round led by Balderton Capital. Balderton Capital is a new investor in Credit Benchmark and was joined in the round by existing partner Index Ventures. This investment follows a previous round of $7m in July 2014, which…

Editor's picks

Big Ben Spring Budget 2017

Spring Budget 2017: The key takeaways for tech entrepreneurs
posted 16 hours ago

jobs automation top tech stats

Top tech stats: Job automation, driverless cars and much more
posted on March 25, 2017

Startup Weekly

Startup Weekly: Nesta’s £5m prize fund, Digital Catapult and Seedcamp’s VR cohort and much more
posted on March 24, 2017

London skyline

FinTech startup Quantexa lands $3.3m Series A led by Albion Ventures and HSBC
posted on March 24, 2017

The North of England

The top tech hubs in the North of England
posted on March 24, 2017

TWIT Emily 23.03.17

A $30.4m Series B, a £120m AI fund, a Mario Kart hack and more in The Week in Tech
posted on March 24, 2017