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On-demand delivery firm Quiqup gets £20m as it gears up for global expansion

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Ex-CEO of Ve Interactive under investigation for fraud

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EXCLUSIVE: E-commerce firm Paddle merges with DevMate in ‘seven figure’ deal

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Zzish hits £1.15m funding target on Crowdcube for technology that will democratise quality education and move the needle on learning
Okappy announces the launch of its investment pitch on the AngelsDen equity crowdfunding platform
Recruitment disruptor talent.io poised for further growth with €8m investment secured

Shazam

Tech City is Five: Q&A with Mayor’s key advisor Joe Mitten
posted on November 5, 2015

‘Tech City’ was first hailed by David Cameron in a speech on 4 November 2010, five years ago this week, as an attempt “to rival Silicon Valley”, so Tech City News has caught up with Joe Mitten, the Mayor of London’s senior advisor on business and enterprise, to reflect on the success of London’s tech expansion. What has…

Boston Consulting opens UK arm to help corporates fight startups
posted on September 15, 2015

Management consultancy Boston Consulting Group is opening a corporate incubator in London in a bid to help Fortune 500s stave off competition from startup disruptors. BCG Digital Ventures, which started in the US in 2014, will be led in London by former Shazam chair Ajay Chowdhury, supported by Patrick Rouvillois, formerly global CMO of Carrefour. Jeff Schumacher, founder and…

#LDNTechWeek: UK “undisputed home of unicorns in Europe”
posted on June 15, 2015

Almost half of Europe’s billion-dollar ‘unicorn’ tech companies were founded in the UK, according to research conducted for London Technology Week by investment bank GP Bulhound. A total of 17 of the 40 European tech companies that have achieved IPO or been valued at $1bn or more started in the UK, with fintech’s eight unicorns…

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Media monitoring startup Signal raises $1.8m
posted on April 1, 2015

London’s Signal has raised $1.8m  to accelerate the development of its content analysis platform and add more data scientists to its team. The company uses text analysis, natural language processing and machine learning to analyse millions of online news site, blogs and social networks in order to help companies with real-time media monitoring. Bloomberg’s former…

UK creates a unicorn, Sky blocks porn and more in your Week in Tech
posted on January 23, 2015

UK Investment has started 2015 the way it means to go on with British success story Shazam raising an impressive $30m taking it’s valuation to over $1bn. There were a number of other investments this week, including Google investing in SpaceX, as well as the announcement that Sky would be blocking pornography through its broadband…

Shazam raises $30m to take valuation over $1bn
posted on January 21, 2015

Shazam, maker of the popular app for identifying songs, announced today that it has raised $30m in new funding, bringing its total valuation to more than $1bn. The newly minted “unicorn” isn’t disclosing this round’s investors, although executive chairman Andrew Fisher told the Wall Street Journal that they have purchased just under three percent of the company’s equity, and…

Shazam confirms new $20M round and $500M valuation
posted on March 10, 2014

Today, we identified two things: which new pop princess sings that song playing inside the local Starbucks, and that handy music- and TV-tagging service Shazam has officially raised a new $20 million funding round from undisclosed investors. This brings its total to $92 million. As we previously reported, the company was rumored to be raising this new round,…

‘Zoopla for cars’ carwow raises £1.3m led by Balderton
posted on February 24, 2014

Car-buying platform carwow has raised £1.3 million in a seed funding round led by Balderton Capital. Dubbed the Zoopla of cars, the firm’s other investors include the founder of Zoopla itself, Alex Chesterman. Also participating are Episode 1 Ventures, backers of Betfair and Shazam, and Samos Investments, whose investments include Ocado and PKR.com. Pimp my ride…

Future Fifty second wave revealed – retail dominates
posted on December 6, 2013

The second wave of Future Fifty companies has been revealed, with retail dominating the list. Shazam, MOO.COM, and SwiftKey are among the 25 companies making up the second half of the programme, which is designed to connect high-growth companies with expertise and tailored support. Round two Tech City UK launched the programme in April along with the Chancellor George…

Shazam, Pirate Bay Prism and Bitcoin in Africa
posted on July 12, 2013

<div ><noscript >The Week in Tech – 11th July 2013 This week: Shazam nets $40m from the world’s richest man, Pirate Bay’s founder helps you avoid the state snooping on your messages and how to stalk your friends more successfully. Plus tweeting’s the new way to get yourself a job. The Week in Tech is your…

Carlos Slim

Carlos Slim’s $40m investment: what’s in it for Shazam?
posted on July 10, 2013

Mexican telecoms magnate Carlos Slim’s purported $40m investment in Shazam came as a surprise to many – why is he investing in tech out of London, and how will it affect Shazam’s IPO? Earlier this week, Shazam announced it had taken investment from América Móvil, Carlos Slim’s telecoms operator in what is thought to be…

Shazam's logo

Shazam scores $40M to contextualize the small screen
posted on July 8, 2013

Music and TV discovery service Shazam has closed a new $40 million round of funding, the company announced today. Shazam, which now has 325 million users, initially began as a service that allowed you to recognize and determine what you were listening to using the audio. Over the last year the company has gained great strides in…

Editor's picks

Quiqup team photo

On-demand delivery firm Quiqup gets £20m as it gears up for global expansion
posted 11 hours ago

David Brown, VE

Ex-CEO of Ve Interactive under investigation for fraud
posted 18 hours ago

paddle team

EXCLUSIVE: E-commerce firm Paddle merges with DevMate in ‘seven figure’ deal
posted 20 hours ago

CalumSmeaton

Calum Smeaton, CEO of TVSquared, on growing a successful UK AdTech firm and raising $12.5m
posted 22 hours ago

diversity uk vc

Research spotlights lack of women in UK venture capital industry
posted on May 23, 2017

Labour’s Manifesto: what does it mean for UK tech?
posted on May 23, 2017