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Funding deal

  • Zilch lands £30m debt facility from US Bank ahead of ‘next phase of growth’

    Fintech

    Zilch has secured a fresh loan facility in signs the London fintech is opting for debt-fuelled over equity-led expansion. The Victoria-based business has agreed the £30m facility with New York-based US Bank, according to documents filed with Companies House. The agreement marks the largest financing deal the fintech has struck since its £150m debt facility [...]

  • Whittard of Chelsea brews up bumper funding deal with OakNorth

    Retail

    Whittard of Chelsea has secured a bumper funding deal worth £12m with digital bank OakNorth “to support its continued growth and expansion”. The Oxfordshire-headquartered company said it is now “well-positioned” to build on its UK base and expand further into international markets such as China and the US. The funding news comes after Whittard of [...]

    Whittard of Chelsea has agreed a funding deal with OakNorth to help it expand further overseas.
  • Databricks rides AI boom to $100bn after new funding

    Tech

    Analytics platform Databricks has sealed a fresh funding round that is set to catapult its valuation over $100bn. The data and AI heavyweight has signed a term sheet for Series K Funding – a type of advanced, late-stage financing – which is expected to close shortly. Whilst details of the raise have not been disclosed [...]

    Databricks valuation is set to jump.
  • Flexjet: Private jet giant valued at $4bn after mega funding round

    July 21, 2025

    Flexjet, the world’s second-largest private jet company, has been valued at around $4bn (£2.9bn) after securing $800m in new funding. The US firm’s latest funding round has been led by private equity giant L Catterton – which itself is backed by luxury group LVMH. Other backers of the round include KSL Capital Partners and J. [...]

  • 9fin: Data start-up raises £40m for credit markets tech

    December 2, 2024

    Financial data start-up 9fin has raised $50m (£39.3m) as it looks to grow a foothold in the market for debt and private capital research. The London-based fintech announced a Series B round led by growth capital investor Highland Europe. 9fin did not disclose at what valuation it had raised the money. It was reported a [...]

  • Hilltop Honey secures £10m boost as it plans overseas expansion

    August 22, 2024

    Hilltop Honey has secured a £10m banking package from Santander UK as the brand looks to gain the financial support it needs to expand globally. The banking package includes stock finance, FX facilities, invoice finance and term loan refinancing and is designed to help the start-up accelerate its growth on a global scale. It comes [...]

  • RFU and Premiership Rugby close in on £264m funding deal

    April 29, 2024

    The Rugby Football Union, RFU, and Premiership Rugby have finally agreed a new Premiership Game Partnership, worth £264m, which will shape the English game for the next eight years. It is understood that legal details are all that remain between now and the new deal being signed, with the Telegraph suggesting the central policy will [...]

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