OpenAI acquires io, the design-led tech start-up founded by former Apple designer Sir Jony Ive, in a $6.5bn deal to accelerate its move into AI hardware.
Category: Get Funded
Gresham House Ventures backs Penfold with £3.9m to drive digital pension growth
Gresham House Ventures leads a £3.9m investment round in digital pension provider Penfold to boost SME growth and enhance its workplace pension app.
AI cash boom masks rise of ‘zombiecorns’ as funding gaps widen in startup ecosystem
New SVB report reveals AI startups dominate venture funding, but warns of ‘zombiecorns’—overfunded companies with weak growth and poor unit economics.
Sention Technologies secures £3.7m seed round to revolutionise battery diagnostics
London-based battery tech start-up Sention Technologies has raised £3.7 million in a seed funding round to accelerate the commercialisation of its cutting-edge diagnostic tools for the battery industry.
EatClub raises $18.2M Series A as it launches in UK, marking post-COVID comeback
Australian restaurant tech startup EatClub raises $18.2M and launches in London, bouncing back from COVID to expand globally with dynamic pricing and seamless dining incentives.
Revolut names Paris as European HQ with €1bn investment, raising fresh concerns for London
Revolut will invest €1bn and create 200 jobs in France as it designates Paris its European HQ—heightening concerns about London’s status as a fintech capital.
UK business investment surges at fastest pace in two years, defying tax hike fears
UK business investment rose 5.9% in Q1 2025—the strongest growth since 2023—offsetting public spending cuts and defying fears over payroll tax increases.
Wireless Logic valued at £3.5bn as founder sells minority stake to General Atlantic
Wireless Logic sells a minority stake to General Atlantic, valuing the IoT communications firm at £3.5bn—100 times its 2011 value. Former Vodafone CEO joins board.
University of Hull launches Railwhere to drive innovation in rail freight efficiency
Railwhere, a new spinout from the University of Hull, will deploy award-winning technology to help the rail freight industry cut emissions, reduce costs, and operate more efficiently.
EIS investments fall sharply despite tax breaks, raising concerns over regional imbalance and complexity
EIS funding dropped 20% to £1.6bn in 2023–24 despite generous tax incentives, as investors grew cautious. SEIS funding rose 25%, driven by recent rule changes.
Fuel Ventures backs Community Wolf with £340k to scale WhatsApp-based public safety platform
Fuel Ventures leads £340k investment in South African startup Community Wolf, expanding its WhatsApp-based crime reporting platform to improve public safety globally.
Vinted triples profits to £80m as second-hand fashion boom fuels expansion
Vinted reported a pre-tax profit of £80m in 2024, nearly triple the previous year, as second-hand fashion sales surged and the platform expanded into electronics and luxury goods.
Solitaire.io launches Kickstarter campaign for “Mosh Idols Punk Rock playing cards” featuring XR Technology
Solitaire.io, the innovative online card game platform founded by Welsh creative entrepreneur Gaz Thomas, is launching a bold new physical product: Mosh Idols Punk Rock Playing Cards.
Zendo Energy raises £1.75M to help data centres decarbonise amid AI energy boom
British energy software startup Zendo Energy has raised £1.75 million in pre-seed funding to accelerate development of its AI-powered platform designed to help data centres reduce energy costs and carbon emissions, as the sector grapples with soaring demand from artificial intelligence and cloud computing.
Over £18M raised: How Crowdfunder and Sport England are shaping the future of community sports funding through matched crowdfunding
Crowdfunder and Sport England have raised over £18 million for grassroots sports through matched crowdfunding, marking a major shift in how community clubs secure vital funding.
