Launched in June 2020, Zopa bank is one of the UK’s newest digital banks, built on its unique legacy as the world’s first Peer-to-Peer lender It meets customer needs by focusing on how they borrow and save, the two things with the most impact on consumer finances Latest financing is a clear validation of Zopa’s sustainable lending model and of its strong unit economics The […]Read More
M&G invests £35 million in Oxford Nanopore Technologies M&G plc today announces that it has participated in a private transaction totalling £195 million, investing £35 million in Oxford Nanopore Technologies (Oxford Nanopore). The company was founded in 2005 as a spin-out from the University of Oxford. The investment has been made by M&G’s newly formed […]Read More
Zopa closes £20m internal fundraise following the year 1 success of its bank Zopa has today announced that it has raised an additional £20m from existing investors. This represents a significant vote of confidence following the initial success of its bank launch and growth of its latest products. Only nine months on from gaining its full bank licence, neobank Zopa has successfully launched Fixed Term Savings accounts and an innovative credit card […]Read More
Deliveroo completes new funding round valuing the business at over $7bn Deliveroo has completed a funding round raising a total of over $180MM from existing investors, led by Durable Capital Partners LP and Fidelity Management & Research Company LLC The funding round values Deliveroo at over $7bn The investment will enable Deliveroo to continue investing […]Read More
Oxford Nanopore announces £84.4M in new capital Oxford, UK: Oxford Nanopore Technologies has raised £84.4M in new capital. The funding comes from existing investors and new investors, including International Holdings Company (IHC), RPMI Railpen and RT Puhua Genomics. The funds will support the rapid acceleration of Oxford Nanopore’s commercial and manufacturing operations as well as ongoing […]Read More
2 January 2020, Oxford, UK: Oxford Nanopore Technologies has raised £29.3M ($38.6M) in new capital and additionally facilitated the sale of £80.2M ($105.9) in secondary shares, resulting in total gross proceeds of £109.5M ($144.5M). These funds have been raised internationally and include both new investors and existing shareholders, from the US, Europe and Asia/Pacific. This brings the total […]Read More