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Sense Biodetection Raises $15.8m to Develop Diagnostics Tests

October 29, 2019

Cambridge, UK-based Sense Biodetection—or Sense—has raised a $15.8 million Series A funding round, as it scales out its portfolio of molecular diagnostics products. The round, led by Cambridge Innovation Capital and Earlybird…

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BGL Group CIO Stuart Walters: AI Will Change Insurance Forever. Rushing it Can be Fatal

October 1, 2019

BGL Group has spent 27 years becoming European insurance royalty. Now the Peterborough, UK-based fintech unicorn, with offices spread across the continent, the company’s CIO explains that BGL is perfectly positioned to…

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U.K. Government Ponders Fines for Harmful Online Videos

August 12, 2019

Britain’s government is considering emboldening its media watchdog, Ofcom, with powers to issue large fines for tech platforms whose video content is deemed “harmful” to youngsters. The proposal, introduced by U.K. politicians…

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London Fintech Firm Yoyo Wins $30m Funding Round

October 25, 2018

Yoyo, a British mobile payments and loyalty platform, has won $30 million from fintech investor Hard Yaka. The London-based startup, founded in 2013 by Michael Rolphe, David Nicholson and Alain Falys, will…

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“Family Tech” Startup Kindaba Wins Seed Funding from Skyscanner Founder Williams

October 22, 2018

Scottish startup Kindaba, whose secure messaging service is aimed at families, has won a seed funding round ahead of a crowdfunding campaign, from Skyscanner founder Gareth Williams. The undisclosed sum will help…

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Adzooma Partners with Google for SME Digital Ad Expansion

August 14, 2018

Nottingham-based advertising platform Adzooma has partnered with Google, cementing its place in the digital agency landscape two months after receiving investment from British billionaire betting magnate Fred Done. The news allows Adzooma…

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Uber’s London License Appeal Begins Today

June 25, 2018

Uber’s appeal to overturn a ban on its operation in London begins today. The hearing, which opens at Westminster magistrates court, is expected to last several days, and represents the latest chapter…

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Micro Focus Shares Tumble Amid Sales Slump and CEO Exit

March 19, 2018

Micro Focus International is entering a crisis, as it warns revenues will drop by a far greater amount than expected. The company, which is Britain’s biggest tech brand, has seen 56% wiped…

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When it Comes to Online Hate Speech, Europe is Struggling for Solutions

March 15, 2018

Europe has a big hate speech problem. In fact, many of its states aren’t entirely sure what hate speech is. Germany has been the most proactive of all European countries in venting…

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“We’re Not Your Traditional Accelerator” – L Marks Bridges the Gap Between UK Startups and Corporates

March 12, 2018

When Daniel Saunders started out in tech, IT was just a bolt-on department, often to be found in some silent office or building well away from a company’s major functions. Today Saunders…

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Investment Roundup

Saudi Startup Foodics Gets $20m Cash Injection

Saudi Arabian firm Foodics, which has created an all-in-one restaurant

The Exit Report

Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

Israeli venture capital fund YL Ventures has sold its stake in compatriot

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