Orka raises £29m to expand early wage access product for shift workers
Startup Orka Technology Group, which provides tech-based solutions for shift workers, has secured £29m in a funding round. The Manchester,…
19 Feb 2021
UK government launches Advanced Research & Invention Agency for “high-risk” research
The UK government has announced it is launching the Advanced Research & Invention Agency (ARIA) for funding “high-risk, high-reward” research. The independent government-led agency will support research that could lead…
18 Feb 2021
CrowdStrike acquires cloud logging startup Humio for $400m
US cybersecurity company CrowdStrike Holdings has entered an agreement to acquire UK-based cloud log management firm Humio for around $400m. The deal is aimed at expanding Crowdstrike’s ability to ingest…
18 Feb 2021
Cambridge GaN Devices raises $9.5m for energy-efficient transistors
A University of Cambridge spinout that replaces silicon in transistors with a more energy-efficient material has raised $9.5m in a Series A funding round. Cambridge GaN Devices (CGD) is developing…
17 Feb 2021
Wellness firm Therabody attracts celebrity investors Marcus Rashford, Jay-Z and Daniel Craig
Tech wellness firm Therabody has raised funding from over 100 celebrities including footballer Marcus Rashford, rapper Jay-Z and actor Daniel Craig. Therabody, which makes massage therapy guns, said it will…
17 Feb 2021
Sinch snaps up Inteliquent for $1.14bn as shopping spree continues
Swedish mobile consumer engagement company Sinch has acquired US independent voice communications provider Inteliquent for $1.14bn; the company's fifth acquisition in a year. The definitive agreement is subject to approval…
16 Feb 2021
Nuwa Capital raises $75m fund to invest in MENA startups
Investment platform Nuwa Capital has raised $75m to invest in startups in the Middle East and North Africa (MENA) region. The Dubai and Riyadh-based venture capital firm launched in February…