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Latest News:

  • Nintendo Switch 2 launches at midnight as fans queue worldwide
  • Fears grow that Tata Steel could be excluded from Starmer-Trump trade deal
  • Labour’s Access to Work reform plans ‘risk excluding disabled people from the workforce’, say arts leaders
  • HMRC scammers stole £47m in phishing fraud targeting 100,000 taxpayer accounts
  • Winter fuel payment U-turn in place this year, but key details remain unclear
  • More American taxpayers are planning to relocate to the UK as Trump exodus grows
  • TikTok launches SME council to elevate small business voices and boost digital growth
  • Rachel Reeves unveils £15bn regional transport investment to reshape economic narrative
  • UK steelmakers avoid immediate 50% US tariff, but face growing uncertainty as deal hangs in the balance
  • British Business Bank hits £5bn milestone fuelling regional growth and housebuilding

Category: Get Funded

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.

Valla raises £2m as venture capital backs boom in employment rights claims

4 June 2025 Get Funded Business Matters 0 Comments

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.

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.

NP Aerospace secures multi-million-pound funding from NatWest to power global expansion

3 June 2025 Get Funded Jamie Young 0 Comments

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.

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.

British Business Bank hits £5bn milestone fuelling regional growth and housebuilding

3 June 20253 June 2025 Get Funded, News Jamie Young 0 Comments

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.

ThreatSpike Raises $14M To Unify and Simplify Cybersecurity The funding, from Expedition Growth Capital, will expedite ThreatSpike’s continued global expansion as it brings enterprise-grade cybersecurity to mid-sized enterprises with its fixed price, all-in-one platform. Alongside Expedition’s investment, Darktrace co-founder Emily Orton is also joining the company’s Board of Directors, bringing a wealth of experience in growth and cybersecurity. LONDON, UK, [3] June, 2025 – ThreatSpike, an end-to-end cybersecurity provider, has raised $14 million in Series A funding to help organizations move beyond the complexity and cost of fragmented traditional security tools with a unified platform. The funding is led by Expedition Growth Capital and in conjunction with the investment, Will Sheldon, Partner at Expedition, and Emily Orton, co-founder at Darktrace, have joined ThreatSpike’s Board of Directors. “We founded ThreatSpike having witnessed first hand that achieving high quality cybersecurity protection is far too complex and costly,” said Adam Blake, CEO and Founder at ThreatSpike. “In a market full of three-letter acronym products and aggressive upselling, we take a different approach which puts customer security at the core. We are proud to combine world-class technology and expert support into one transparent, flexible solution that delivers true protection without the complexity or hidden costs. With this investment from Expedition, we have gained an aligned partner with deep expertise and resources to support our continued growth journey.” ThreatSpike was founded by computer scientists Adam and Kate Blake in 2011, following their experience building software and cybersecurity programmes in some of the world’s most sophisticated financial institutions. The company has been bootstrapped with no institutional capital to date, growing rapidly through customer-driven demand. Today, ThreatSpike serves over 200 customers with deployments across 90 countries, including industry leaders in hospitality, industrials, investment management, professional services and other sectors. “ThreatSpike has the highest level of customer referral-driven growth and satisfaction that we have seen across the cybersecurity industry,” said Will Sheldon, Partner at Expedition Growth Capital. “The company has been growing rapidly and profitably without investment and we are proud to partner with Adam and Kate as they fuse software and services into a unique platform that delivers tangible cybersecurity outcomes for sophisticated customers globally.” “Adam and Kate are both impressive technology entrepreneurs,” said Emily Orton, Co-Founder of Darktrace. “I am excited to join them on ThreatSpike’s board and use my experience to help scale the business in this new phase of growth.” The funding will support ThreatSpike’s continued global expansion, including additional hires in engineering, security operations and go-to-market teams. The company will also accelerate its existing innovation roadmap across its platform offerings: ThreatSpike Blue (24/7 managed detection and response) and ThreatSpike Red (unlimited penetration testing). “Since our initial engagement with ThreatSpike in 2016, they have consistently demonstrated themselves to be not only highly competent but also deeply diligent partners in our cybersecurity efforts,” said Lee Scott, Head of Cyber Security at Inchcape Shipping Services. “From the very beginning, ThreatSpike has instilled a strong sense of trust and confidence within our team, enabling us to focus on our core business operations while knowing that our security posture is in expert hands. Over the course of our partnership, ThreatSpike has continually delivered on their promises, going above and beyond to provide innovative and reliable solutions tailored to our evolving needs.”

Ex-military founders raise $20m to scale secure defence and disaster response platform

3 June 20253 June 2025 Get Funded, Uncategorized Paul Jones 0 Comments

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.

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.

Wordsmith AI becomes fastest Scottish startup to hit $100m valuation

3 June 2025 Get Funded Paul Jones 0 Comments

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.

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.

ThreatSpike raises $14M to simplify cybersecurity with unified platform

3 June 20252 June 2025 Get Funded Jamie Young 0 Comments

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.

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.

AI architecture scale-up NavLive scoops £4m of funding to transform construction industry

29 May 2025 Get Funded Business Matters 0 Comments

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 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.

Swedish logistics platform Alrik raises €7m to build global OS for construction industry

28 May 2025 Get Funded Jamie Young 0 Comments

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 (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.

Oxford Brain Diagnostics to roll out revolutionary dementia technology following UK and US regulatory approvals

27 May 2025 Get Funded, News Jamie Young 0 Comments

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.

Brompton, maker of the iconic folding bike, has partnered with BGF, one of the largest and most experienced growth capital investors in the UK and Ireland, to further accelerate its growth.

BGF pledges £3 billion to support UK growth businesses, with £300 million aimed at female-led firms

27 May 2025 Get Funded, In Business Jamie Young 0 Comments

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.

issa brothers

Asda billionaire Zuber Issa backs revival of iconic British oil brand Duckhams

26 May 2025 Get Funded, News Jamie Young 0 Comments

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.

OnlyFans, the content subscription platform best known for its ties to the adult entertainment industry, could soon have new owners.

US investor group in talks to buy OnlyFans in deal reportedly worth up to $8bn

23 May 2025 Get Funded, News Jamie Young 0 Comments

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.

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.

Pink Storage expands into Nottingham with £1.5m investment following StoreWise acquisition

22 May 2025 Get Funded Jamie Young 0 Comments

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, the go-to-market (GTM) and talent partner for scaling B2B tech companies, has announced its role in supporting BGF’s £15 million investment in Cronofy, the fast-growing scheduling infrastructure platform.

ScaleWise backs BGF’s £15m investment in Cronofy with hands-on due diligence support

22 May 2025 Get Funded Jamie Young 0 Comments

ScaleWise supported BGF’s £15m investment in scheduling platform Cronofy, delivering practitioner-led commercial due diligence to help drive scalable post-investment growth.

Strava, the fitness tracking app that became a lockdown staple for millions of runners and cyclists, has confirmed a new valuation of $2.2 billion following its recent acquisition of Runna, a UK-based running coaching platform.

Strava’s valuation jumps to $2.2bn following acquisition of UK running app Runna

22 May 202522 May 2025 Get Funded, In Business Paul Jones 0 Comments

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.

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