News Brief

Funding News

Startups raise $82.2bn VC funding in the US while the UK secures $10.1bn

In January-August 2024, the US secured $82.2 billion in VC funding across 3,102 deals, marking a 1.9% YoY increase in funding despite a 39% decrease in deal volume compared to the same period in 2023...

British Fashion Council partners with JD.com

The British Fashion Council (BFC) has partnered with Chinese e-commerce giant JD.com, announced on September 13 at London Fashion Week...

East Lindsey projects granted additional awards

Additional awards from the UK Shared Prosperity Fund and Rural England Prosperity Fund (UKSPF/REPF) have been made to projects in East Lindsey, funded through savings from the current UKSPF programme. ...

Foreign investors dominate private equity funding of UK firms

New data from Barclays and Beauhurst shows £3.5 billion was invested in UK businesses via private equity from May to July 2024, a 3% rise from the previous quarter.  Private equity deals made up 60%...

Cybersecurity firm EasyDMARC raises $20M Series A

Email security firm EasyDMARC announced today it raised $20M in a Series A funding round led by New York-based Radian Capital. This investment supports EasyDMARC's global expansion and product...

New studio Mother Games raises $5m in pre-seed round

Mother Games, a New York-based studio, emerged from stealth on 12 September 2024, announcing it raised $5 million in pre-seed funding from BoxGroup, Shine, and Lerer Hippeau Ventures...

Viggle AI closes $26-million CAD Series A

Toronto-based generative AI startup Viggle AI has raised nearly $26M CAD ($19M USD) in Series A funding to accelerate the growth of its video creation platform. ...

Tilt raises USD 18 million in Series A funding round

5 Minute read Tilt raises USD 18 million in Series A funding round Instagram LinkedIn UK-based Tilt has raised USD...

Business Support UK

KPMG UK and FareShare launch new three-year charity partnership

KPMG UK has launched a new three-year charity partnership with FareShare, aimed at tackling food waste and hunger across the UK...

£20bn injected into UK businesses by Secure Trust Bank

Every, a San Francisco-based company that offers tech founders a comprehensive back office solution, raised $22.5M in Series A funding. The round was led by Redpoint Ventures, with contributions from...

UK government announces £88m fund to boost zero-emission vehicle tech

The joint industry and government fund is set to award £88m to 46 projects developing green vehicle technologies. This includes £44.5m from the government and £43.5m from the automotive industry...

British Fashion Council partners with JD.com

The British Fashion Council (BFC) has partnered with Chinese e-commerce giant JD.com, announced on September 13 at London Fashion Week...

Mayor Richard Parker calls on business leaders

Richard Parker, Mayor of the West Midlands, hosted a key roundtable with major regional employers like HSBC, BBC, Severn Trent, and JLR to tackle youth unemployment. ...

Top areas’ small businesses need support to recover and grow

On 12th September 2024, research by Small Business Britain and Lloyds Bank revealed that despite many UK business owners needing help in key areas like marketing, finance, and productivity, 44% remain...

Pausing city deals funding unacceptable and deplorable

On the 23rd of October, 2023, the UK Government paused funding for city and growth deals in Northern Ireland during a spending review, affecting £1.7 billion in deals for Belfast, Londonderry...

AWS plans to invest £8 billion in the UK

Amazon Web Services (AWS) will invest £8 billion in the UK between 2024-2028 to build and operate data centres, contributing £14 billion to the UK's GDP...
Scroll to Top