A legal tech startup helping workers represent themselves in employment disputes has secured £2 million in fresh funding, as investors prepare for a likely surge in workplace grievances under the Labour government’s incoming reforms.
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NP Aerospace secures multi-million-pound funding from NatWest to power global expansion
Coventry-based defence manufacturer NP Aerospace has secured a multi-million-pound funding package from NatWest, designed to support the company’s international growth and boost its exporting capacity.
British Business Bank hits £5bn milestone fuelling regional growth and housebuilding
The British Business Bank has reached a major milestone in its mission to support smaller businesses across the UK, with more than £5 billion now delivered through its ENABLE structured guarantee programmes.
Ex-military founders raise $20m to scale secure defence and disaster response platform
A tech startup founded by two British military veterans has raised $20 million to expand its secure coordination and payments platform for defence, humanitarian and disaster response teams.
Wordsmith AI becomes fastest Scottish startup to hit $100m valuation
Legal tech startup Wordsmith AI has reached a valuation of more than $100 million just 18 months after its launch — a milestone it claims is the fastest ever for a Scottish-founded technology company.
ThreatSpike raises $14M to simplify cybersecurity with unified platform
UK-based cybersecurity firm ThreatSpike has raised $14 million in Series A funding to expand its mission of simplifying enterprise security through a unified, end-to-end platform.
AI architecture scale-up NavLive scoops £4m of funding to transform construction industry
NavLive, which has newly developed an AI-powered, handheld scanning tool offering architects and construction professionals the ability to create high precision building site scans in real time, launches today with £3.3m in Seed funding.
Swedish logistics platform Alrik raises €7m to build global OS for construction industry
Swedish startup Alrik has secured new investment to accelerate its mission of transforming construction logistics, raising fresh funding led by Nordic VC People Ventures and with further backing from existing investor Pi Labs.
Oxford Brain Diagnostics to roll out revolutionary dementia technology following UK and US regulatory approvals
Oxford Brain Diagnostics (OBD) is preparing to launch its groundbreaking technology for the early diagnosis of dementia across the UK and US healthcare markets, following a wave of key regulatory approvals that mark a major milestone in the company’s growth.
BGF pledges £3 billion to support UK growth businesses, with £300 million aimed at female-led firms
BGF, the UK’s most prolific private equity investor, has announced plans to invest £3 billion into British growth companies over the next five years, in a move designed to back the next generation of entrepreneurs and help stimulate regional economies.
Asda billionaire Zuber Issa backs revival of iconic British oil brand Duckhams
Zuber Issa, the billionaire entrepreneur who co-led the £6.8 billion acquisition of Asda in 2021, is investing millions in a new venture — the revival of Duckhams, a storied British motor oil brand once favoured by Formula 1 legends including Nigel Mansell and Ayrton Senna.
US investor group in talks to buy OnlyFans in deal reportedly worth up to $8bn
Leonid Radvinsky, owner of OnlyFans parent Fenix International, is reportedly exploring an $8bn sale to US firm Forest Road Company after earning over $1bn in dividends.
Pink Storage expands into Nottingham with £1.5m investment following StoreWise acquisition
Fast-growing self storage operator Pink Storage has completed a £1.5 million investment into a newly acquired site in Nottingham, marking the latest milestone in its ambitious UK expansion strategy.
ScaleWise backs BGF’s £15m investment in Cronofy with hands-on due diligence support
ScaleWise supported BGF’s £15m investment in scheduling platform Cronofy, delivering practitioner-led commercial due diligence to help drive scalable post-investment growth.
Strava’s valuation jumps to $2.2bn following acquisition of UK running app Runna
Strava has boosted its valuation to $2.2bn following its acquisition of London-based coaching app Runna, as it continues to grow post-pandemic and expands its UK tech presence.