According to the World Health Organisation (WHO), the second leading cause of death globally is cancer, as it accounted for an estimated 9.6 million deaths or one in six deaths in 2018. As the cancer burden continues to grow globally, it exerts tremendous physical, emotional and financial strain on individuals, families, communities and health systems. To support the healthcare industry and...
LONDON & MENLO PARK, Calif.–(BUSINESS WIRE)–Wintermute, an algorithmic liquidity provider for digital assets, today announced the close of a $2.8M Series A round led by Lightspeed Venture Partners (“Lightspeed”). This new round of funding will help Wintermute accelerate its expansion into new liquidity products, specifically: derivatives, over-the counter (OTC) market making and DeFi...
Getir, and their purple couriers, are going to be an increasingly common sight on the UK’s streets. Starting the year with no presence in the UK market, they are set for major expansion in the second half of the year. The rapid grocery delivery service — their ten-minute delivery is quicker than a trip to the shops and back — hopes to double its workforce of 1,500 and operate in up to 15 cities...
UKTN has collected some of the biggest headline-grabbing funding rounds of 2020 in the tech space of the UK. Most of them which scooped funding of well and above £100 million this year. Talking about funding rounds during the pandemic, the UK is one of the markets that hasn’t faced a major impact, claims a report by our friends at Dealroom. Furthermore, the report states that the UK-based tech...
Hotel comparison startup Lodgeo has raised $3.3m (£2m), as it launches its new app. The London-based startup aggregates data from travel agents and lets users book hotels without ever leaving the app. Other comparison websites often redirect to third parties for transactions which, according to Lodgeo, often leads to confusion with both inventory and price. The investment comes from Javest...
Welcome to your Week in Tech – your roundup of the week’s top tech news. In this week’s roundup, we bring you UK tech investment news, Theresa May’s desire to regulate the internet, Delivery Hero’s €450m IPO and much more. This episode was hosted by Haus, a company that transforms bars and restaurants that are closed during the day into daytime coworking spaces. We filmed in their first location...
Tripledot Studios, a UK-based mobile games company, has secured $78 million from three global investment firms, Eldridge, Access Industries, and Lightspeed Venture Partners, in its Series A funding round. Founded in 2017 by industry veterans Lior Shiff, Akin Babayigit and Eyal Chameides, the company has scaled to more than $100m revenue run-rate by the beginning of 2021. It raised the last...
A new app and web-based delivery service, SoonAs has been launched to revolutionise the UK delivery sector. It is designed to smoothly connect customers with available drivers to complete on-demand deliveries. With SoonAs, customers can easily organise the transport or delivery of any item via its easy-to-use app or web-based service as it connects users and drivers in the area. How does SoonAs...
Rockley Photonics, a company that manufactures photonics chips and custom integrated packaged products, secured $65 million (approx £47 million) from both new private funds and follow-on existing investor Morningside Ventures. The latest funding brings the total amount raised to $290 million (approx £211 million). The funding will be used to accelerate its product offerings, particularly our...
COVID-19 pandemic has been a big driving factor in the surge of the stock market app recently. Moving forward, this trend of trading through smartphone apps is going to pick up as it enables users to have real-time access to key information related to investment and trading. Recently Freetrade, a London-based challenger stockbroker company, raised a $69 million (approx £50 million) Series B round...