UK fintech Revolut has been valued at $45bn following a share sale by employees, making it Europe’s most valuable private tech company and shaking up the world of traditional finance. …
Norway’s sovereign wealth fund is celebrating a $138 billion profit from the first half of the year, but has put the champagne on ice. The $1.6 trillion fund credited the…
Balderton Capital today announced the closing of its $1.3bn early stage and growth funds in a sign of the European tech sector regaining investor confidence and momentum. We are often…
Volocopter won’t be operating an air taxi service at the Paris Olympics after all, following a delay in the certification of its aircraft’s engine, AFP reports. The setback deals a…
Delft-based VSParticle has raised €6.5mn to accelerate material discovery for industrial solutions, such as the production of green hydrogen. Discovering new materials in the lab typically takes years, often close to…
Depop and Selfridges are sewing an AI thread into their clothes. The fashion retailers have enlisted British startup Kelp Technologies to analyse market trends and prices of second-hand apparel. Kelp —…
UK-based Riverlane announced today it has secured $75mn in Series C funding to meet “surging global demand” for quantum error correction — and propel it on its path toward 1…
Twelve semiconductor startups taking part in the UK’s ChipStart scheme have raised over £10mn in funding from private investors and grants, the British government announced today. Launched in October 2023,…
London-based Stairpay has raised £750k in Pre-Seed funding to help first-time home buyers navigate the shared ownership process — and ultimately move to full ownership. For individuals facing challenges entering…
London-based Addionics has raised $39mn in funding as it eyes commercialisation of its 3D ‘current collectors’ that can boost the performance of any battery, regardless of its chemistry. The venture…
Revolut has finally won a UK banking licence, intensifying the neobank threat to traditional finance. The breakthrough ends a painful wait for Europe’s most valuable fintech firm, which first applied…
The UK hopes to produce water on the Moon with a space mirror that reflects solar rays onto lunar ice. The device is the brainchild of the British Interplanetary Society…