UK Startups

Digital bank Monese in talks to raise £40m to invest in expansion

The British fintech is expecting to raise the funds towards the end of the year

By Hannah Boland 18 Jan 2021, 7:00am
Moo no cash cow as the meeting start-up ’s revenue falls in wake of pandemic

Moo said it may need to further trim costs if the impact of the pandemic continues to harm revenues

By James Cook 18 Jan 2021, 6:00am
Start-up Clean Co raises £7m to capitalise on the rise of low-alcohol drinks

The cash injection will help CleanCo expand overseas and invest in marketing in the UK

By Laura Onita 17 Jan 2021, 9:30pm
App to tackle ill-fitting masks for Covid frontline workers to be trialled in NHS

By James Cook 17 Jan 2021, 9:00am
Deliveroo backers serve up £5bn valuation ahead of London float

By Matthew Field 17 Jan 2021, 12:01am
Checkout.com becomes most valuable tech start-up in the UK with $15bn valuation

By James Cook 12 Jan 2021, 5:01am
Losses spiral at Travis Kalanick's British takeaway kitchen start-up

By Hannah Boland 10 Jan 2021, 9:00am

Elliott-backed Chetwood hires Rothschild over £100m cash raise

It comes amid a flurry of funding rounds among fintech start-ups, with the Government considering how to buoy the sector

By Hannah Boland 10 Jan 2021, 9:00am
Scottish rocket firm Skyrora tests 'space tug'

The Edinburgh company is hoping to be the first UK company to launch a full size rocket in nearly 50 years

By Matthew Field 9 Jan 2021, 6:00am
Why the UK risks losing its fintech crown to Bahrain

Does the slow pace of UK fintech regulation mean we’re falling behind new challenger hubs like Bahrain?

By Andrea Busfield 8 Jan 2021, 6:00am

Meet the tech entrepreneur who believes he can defuse the NHS's Covid timebomb

Huma's founder, Dan Vahdat, is hoping remote patient monitoring will help the NHS deal with the backlog of cases that Covid has caused

By Harry de Quetteville 7 Jan 2021, 6:00am
Revolut outpaced Monzo and Starling in downloads during 2020

Revolut saw more app downloads than rivals Monzo and Starling Bank combined

By James Cook 3 Jan 2021, 8:00pm

Property tycoon Nick Candy's ventures tap taxpayers for start-up support cash

Blippar and Vibe Group both accessed the Future Fund scheme, filings have revealed

By Hannah Boland 3 Jan 2021, 7:00am
Britain risks entrepreneur exodus with planned takeover crackdown, investors warn

New legislation going through the House of Commons will hand ministers fresh powers to review and block more deals

By Hannah Boland 2 Jan 2021, 9:00pm
Welcome to the supermarket of the future: How technology is transforming the weekly shop

Supermarkets are taking inspiration from Amazon's futuristic stores

By James Cook 2 Jan 2021, 7:00am
Losses double to £20m and revenues sink at Bristol start-up Ultraleap

The company is planning to float in 2023 and has seen a spike in demand following the coronavirus pandemic

By James Cook 1 Jan 2021, 9:00am
Lithuanian start-up first to relocate to the UK after Brexit deal

New figures show start-up investment in the UK rose in 2020 compared to a year earlier

By James Cook 31 Dec 2020, 6:00am
Online retail start-ups lead boom in new businesses as pandemic bites

Economists believe that many businesses were created by laid-off workers

By Laura Onita 30 Dec 2020, 6:05pm
Graphcore raises $222m as it considers path to float

The chipmaker is hoping to challenge Nvidia for a slice of the artificial intelligence market

By Matthew Field 29 Dec 2020, 12:07pm
Covid fails to deter investors as British start-ups raise more cash than in 2019

UK companies raised a record $15bn (£11bn) over 2020 – more than the rest of Europe combined

By Hannah Boland 29 Dec 2020, 6:00am

How the coronavirus pandemic will transform healthcare

Despite Covid’s dreadful toll, this crisis has also driven some extraordinary medical breakthroughs

By Harry de Quetteville 27 Dec 2020, 5:00pm
Checkout.com in major hiring spree amid online payments boom

The company expects to almost double in size again by the end of 2021, having hired 500 people to its team this year

By Hannah Boland 27 Dec 2020, 3:00pm
Zopa boss targets 2021 profit for new digital bank

Jaidev Janardana is counting on 15 years of lending to give Zopa a head start over rivals like Monzo and Revolut

By James Cook 26 Dec 2020, 12:00pm

Clean nuclear: Oxford start-up 10 years ahead of government targets in race to build fusion plant

First Light Fusion said national labs were too slow moving, and held back by red tape

By Hannah Boland 22 Dec 2020, 6:30pm
GCHQ hands 10 contracts to British start-up Garrison

The existence of the contracts was revealed in a letter published by the Government earlier this month

By James Cook 21 Dec 2020, 6:00am

Boris Johnson meets tech chiefs to boost London’s float hopes

The roundtable with the prime minister on Friday comes as the Government aims to put tech firms at the centre of its economic recovery

By Hannah Boland 18 Dec 2020, 7:40pm
OneWeb launches 36 satellites ahead of bringing internet to rural Britain next year

The company emerged from bankruptcy last month after a rescue deal involving the Government

By Hannah Boland 18 Dec 2020, 4:08pm
Citymapper burns through £9m as subscription revenues grow

The travel app launched its Pass subscription service in 2019

By Matthew Field 18 Dec 2020, 2:26pm
Meet the Briton betting on magic mushrooms to help treat depression

George Goldsmith, founder of Compass Pathways, has created a synthetic version of psilocybin, the active ingredient in magic mushrooms

By Harry de Quetteville 15 Dec 2020, 6:00am
GoCardless secures billion-dollar valuation after raising $95m

The company had fielded inbound investor interest after a boom in online payments during the pandemic

By Hannah Boland 14 Dec 2020, 3:33pm
Ex-Google boss throws support behind British fund turning students into VCs

Eric Schmidt-backed Creator Fund said the pandemic had meant more people within universities had time to come up with innovative ideas

By Hannah Boland 9 Dec 2020, 11:38am
Calm meditation app valued at £1.5bn after new funding round

British entrepreneur Michael Acton Smith is targeting businesses in bid to boost subscribers after raising $75m

By Ben Woods 8 Dec 2020, 12:00pm
UK shrugs off Brexit uncertainty to lead Europe on tech investment

The UK received 36pc of all technology start-up funding over the past five years, new research has found

By James Cook 8 Dec 2020, 6:00am

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