UK startups are less likely to accept government help than their French and German counterparts, according to a survey from Dealroom and LocalGlobe.
Google has announced that it has acquired smart glasses company North, in what appears to be a return to the space following the failed Google Glass project.
The pandemic, apart from being a human tragedy, has also caused major economic disruption, with countries facing soaring unemployment rates and stock markets hitting record lows.
SoftBank Vision Fund is using the case of its troubled investment in co-working giant WeWork as a case study for what not to do with other investors, according to managing partner Jeff Housenbold.
Equity investment in UK technology firms increased by 27% to £4bn in 2019, according to figures published today by British Business Bank.
Startup Jumbo Privacy has raised $8m in Series A funding to take on what it describes as “the tech industry’s privacy problem”.
BP Ventures, the investment arm of BP, has invested $5m in geospatial analytics company Satelytics to help the oil and gas giant spot methane leaks.
Canva, an Australian startup specialising in workplace collaboration tools, has announced that its valuation has almost doubled, from $3.2bn to $6bn, after it raised $60m in its latest funding round.
Venture capital firm Fly Ventures has announced the creation of a €53m fund to invest in European startups within both the enterprise and deep tech spaces.
A Conservative MP has called for the UK government to invest £15bn in small and medium sized enterprises (SMEs) in exchange for shares.
Last night technology giant Oracle announced its full year and fourth quarter results for fiscal year 2020 and, to the surprise of few, the impact of the coronavirus was plain to see.
Buymie, a same-day grocery delivery startup that partners with retailers including Lidl and The Co-Op, has raised €5.8m to fund expansion plans and meet the increasing demand for home delivery accelerated by the coronavirus pandemic.
Alkemics, a French startup that connects retailers and suppliers via its omnichannel platform, has raised €21m in funding to help meet growing demand during the coronavirus pandemic.
Despite the severe economic impact of the coronavirus pandemic, UK tech startups have raised impressive levels of investment that come close to 2019 in the first part of the year, according to figures published today.
Kinly, a video collaboration company based in the Netherlands has acquired UK-based AVMI, a key player in the audiovisual (AV) integration and managed services space.
Videoconferencing firm Zoom generated $328.2m in revenue during the first quarter of fiscal year 2021, marking a 169% year-over-year increase thanks to a global surge in remote working during the coronavirus pandemic.
Cybersecurity firm Thycotic has acquired privilege access management platform Onion ID for an undisclosed figure to expand its privileged access tools to cloud-based applications.
Autonomous warehouse robot maker OTTO Motors has raised $29m in a Series C funding round to help meet the growing demand from manufacturers for mobile robots.
Challenger bank Starling has raised £40m in its latest funding round, with the cash being used to fuel its growth and provide assistance to small business customers during the coronavirus pandemic.
Augmented reality (AR) startup Poplar has closed a $2.1m seed funding round for its AR creative platform for brands, amid significant growth in consumer interest in the technology during lockdown.
Despite current uncertainty caused by the Covid-19 pandemic, By Miles, an insurtech startup offering pay-per-mile insurance, has seen a surge in sales amid lockdown.
Uber rival Bolt has seen its value climb to €1.7bn ($1.9m) in a funding round that is designed to help it diversify its offerings beyond ride-hailing.
Chipmaker Nvidia reported revenue of $3.08bn for the first quarter of fiscal year 2021, surpassing expectations at a time when many firms are struggling to survive the pandemic.
Tech startups raising funds for the first time have seen a sharp fall in investment while lockdown measures have been in place.
Japanese conglomerate SoftBank Group has reported a record $12.7bn annual loss as bad investments in the likes of WeWork were compounded by the coronavirus pandemic’s economic destruction.
Fintech startup Fly Now Pay Later has announced that it has raised £35m in Series A equity and debt funding, as investors look for disruptive solutions to the ailing travel industry.
SonarSource, a key player in the code quality and security industry, has acquired German startup RIPS Technologies, a developer of code security analysers, for an undisclosed amount.
Featurespace, a startup that provides artificial intelligence (AI) software to combat fraud and money laundering, has raised £30m in funding to drive its next phase of growth.
Lolli, a startup that rewards people with bitcoin when they shop online, has raised $3m in a second seed funding round.
Videoconferencing giant Zoom has today announced that it is acquiring secure messaging and file-sharing service Keybase for an undisclosed amount.