VC firm Index Ventures raises £1.8bn to back UK start-ups and unicorns like Revolut July 10, 2024 The VC firm believes that rapid advancements in artificial intelligence (AI), a deep talent pool and proven hyper-growth playbooks are driving big opportunities.
Philip Hammond: Former chancellor’s Railsr and Towerbrook raise offer for Equals Group July 10, 2024 Equals has extended the deadline, which has already been extended multiple times, to 7 August 2024 to give more time for considering the offer and completing the checks.
British Land inks deal with King’s College London for new tech centre in Canada Water July 8, 2024 AustralianSuper, which manages over £170bn in assets, has invested some £8bn into the UK since 2016, with holdings of around £2.5bn in UK listed equities, according to the Treasury.
Ocado continues foray into Japanese market with expanded Aeon partnership July 8, 2024 In May, Ocado held its position as the fastest growing grocer for the third month in a row, as efforts to cut prices continued to pay off.
Vodafone vows to boost competition in new network deal with Virgin Media O2 July 3, 2024 Vodafone and Virgin Media O2 have struck a new network agreement as the firms looks to reassure regulators of competition concerns in the telecoms sector.
Merck Mercuriadis to step down as chair of Hipgnosis Song Management July 2, 2024 Merck Mercuriadis is to step down as chair of Blackstone-owned Hipgnosis Song Management (HSM) as the private equity giant vies to acquire the music catalogue it manages.
Oscar-winner DNEG lands $2bn-plus valuation after Abu Dhabi fundraising July 2, 2024 Oscar-winning UK movie tech firm DNEG Group has achieved a valuation of more than $2bn (£1.6bn) after an Abu Dhabi-backed fundraising to support expansion into producing its own films and games.
Rupert Murdoch’s Fox to roll out free Tubi streaming service in UK to rival Disney+ and Netflix July 2, 2024 Rupert Murdoch’s Fox Corporation is set to launch its ad-supported free streaming service, Tubi, in the UK.
What3words: Mercedes-backed tech firm still in the red despite slashing loss in half June 28, 2024 What3words, a tech company backed by ITV, Mercedes and former F1 champion Nico Rosberg, has slashed its loss almost in half thanks to a slowdown in acquisitions among its customers.
Guild Esports: Beckham-backed gaming group slashes costs as revenue dips June 28, 2024 The David Beckham-backed gaming company Guild Esports has cut its pre-tax loss after slashing its costs amid a "challenging macroeconomic environment" for the company, according to a newly filed half-year report.