Investors Eye Defence Tech Amid Global Turmoil The ongoing war in the Middle East , heightened concerns over European sovereignty, and Russia’s full-scale invasion of Ukraine have propelled the defence sector to the forefront of public and...
Fresha Achieves Unicorn Status with Significant Investment Fresha , a prominent beauty and wellness platform, has secured an impressive $80 million investment from global investment firm KKR , propelling its valuation to over $1 billion....
British Business Bank Makes Historic Investment The British Business Bank has announced a significant investment of £25 million as a cornerstone commitment to Antler 's UK Fund II. This marks the bank's first-ever investment in the venture...
Late-stage AI companies in the UK are securing favorable funding terms while early-stage startups struggle to find capital as of late 2024.
Technology
Isomorphic Labs secures $2.1 billion in funding with backing from Alphabet and UK Sovereign AI Fund
Isomorphic Labs raised 2.1 billion dollars in a funding round with participation from the UK Sovereign AI Fund and Alphabet, according to a statement released on Tuesday.
The UK's Sovereign AI Fund acquired a minority stake in London-based startup Ineffable Intelligence after an £814 million seed round.
Finance
Front Ventures Raises 5 Million Euros in Oversubscribed Rights Issue for European Defence Startups
Stockholm-based Front Ventures has raised 5 million euros through an oversubscribed rights issue to fund defence startups in Sweden and Ukraine.
UK startup Online Oceans has raised £4 million in funding led by Seraphim Space to build solar-powered autonomous fleets for underwater infrastructure surveillance.