Depop and Selfridges are stitching AI analytics into second-hand fashion

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 —…

Continue ReadingDepop and Selfridges are stitching AI analytics into second-hand fashion

UK startup automates shared ownership process to tackle housing crisis

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…

Continue ReadingUK startup automates shared ownership process to tackle housing crisis

Addionics secures $39M for 3D ‘current collectors’ that boost EV range, charging

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…

Continue ReadingAddionics secures $39M for 3D ‘current collectors’ that boost EV range, charging

Revolut wins UK banking license as neobanks take on the establishment

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…

Continue ReadingRevolut wins UK banking license as neobanks take on the establishment

Samsung buys UK startup Oxford Semantic to boost ‘personalised AI experiences’

Samsung has snapped up UK startup Oxford Semantic Technologies, in a bid to “hyper-personalise” user experiences with AI. Founded in 2017, Oxford Semantic specialises in knowledge graphs, which integrate and analyse…

Continue ReadingSamsung buys UK startup Oxford Semantic to boost ‘personalised AI experiences’

Google backs Danish startup using ancient bacteria to ferment CO2 into valuable chemicals

Danish startup Again has raised money… again. Google Ventures and Berlin-based HV Capital led the $43mn funding round, which brings the startup’s total to date to just shy of $100mn.…

Continue ReadingGoogle backs Danish startup using ancient bacteria to ferment CO2 into valuable chemicals

UK scaleup Huma launches ‘Shopify-like’ platform for digital health tools

UK-based Huma has launched today the Huma Cloud Platform, a “Shopify-like” tool for the healthcare ecosystem to design, build, and launch digital health services. “The digitalization of the healthcare ecosystem…

Continue ReadingUK scaleup Huma launches ‘Shopify-like’ platform for digital health tools