21 September, 2020, London (UK). TrueLayer, the leading technology company building financial infrastructure that’s open to any business, anywhere in the world, today announced it has secured an additional $25 million in funding, under its Series C. The round included participation from existing investors, including Anthemis, Connect Ventures, Northzone and Temasek, and brings the total […]Read More
Digital Debt Capital Markets Ltd (“DDCM”), a UK based techfin company, providing technology to enhance, upgrade and improve communication and processes from a bond’s issuance to repayment at its term announces the closing of its follow-on seed round, raising £4.32mm from a group of individuals and family offices. Strongly supported by the original investor group […]Read More
Praetura Ventures, the VC fund that targets high-value sectors in the north of England, is investing £1m in a tech company that helps businesses defend themselves against customer-focused cyberattacks and improve the digital experience their websites offer to consumers. The funding secured by Leeds-based RapidSpike will allow it to enhance and scale its product and […]Read More
Blackstone invests alongside Fairfax in US$500m Ki launch Ki, the first fully digital and algorithmically-driven Lloyd’s syndicate, is pleased to announce that it has raised US$500m of committed capital from two backers, funds managed by Blackstone Tactical Opportunities (“Blackstone”) and Fairfax Financial Holdings Limited. The capital commitment will fund Ki’s expansion as it launches in […]Read More
Food delivery disruptor Kbox Global closes £12M from Balderton Capital to fuel continued expansion Kbox Global has announced it has raised £12m led by Balderton Capital, to continue its mission to revolutionise the food delivery market through its unique host kitchen technology. The Kbox model revisits the traditional economics of food delivery by utilising capacity […]Read More
Allica Bank has secured £26m in follow-on funding from existing investors The bank has had over £1bn of loan enquiries in the aftermath of the Covid-19 pandemic To build the leading SME challenger bank for the decade ahead and help meet surging demand, Allica Bank has announced the launch of a £100m funding round Business […]Read More
Funding will help GCV scale its G-Labs and G-Ventures divisions and roll out its new software platform Quva for alternative asset managers and investor networks Finance Durham Fund, which was established by Durham County Council and overseen by Business Durham, has today announced the investment of £750,000 in Growth Capital Ventures (“GCV”). The investment through […]Read More
The ecosystem restoration startup raises $10 million in Series A funding to rehabilitate land through AI, analytics and drones New York, NY (September 16, 2020) — Today Dendra Systems, an ecosystem restoration company, announces $10M in new investments to help the company expand the first scalable, effective solution for restoring biodiverse ecosystems to global markets. With land […]Read More
Gravity Sketch raises $3.7 million to expand its real-time 3D design and collaboration platform and transform the global design industry Gravity Sketch’s immersive platform is used by Ford, Nissan and Reebok, as well as by over 50,000 creative professionals worldwide Investment will be used to scale up the company’s recently-launched collaboration offering, which enables designers […]Read More
Conviction Completes Pre-Series A Funding Round for Konsentus Multi-million pound investment driven by ‘open banking’ market opportunity London. UK, September 16th, 2020, Conviction Investment Partners, today announced that it has managed and completed pre-series A financing for Konsentus, a provider of Regulatory Technology (RegTech) solutions for open banking. Conviction led the multi-million pound investment after […]Read More