Plural launches £342m fund to target new ‘tech titans’ January 23, 2024 Venture platform Plural has launched a second fund aiming to raise €400m (£342.6m) for early stage ‘tech titans’. The firm, which began in June 2022, was founded by Wise co-founder Taavet Hinrikus, along with other entrepreneurs such as Songkick founder Ian Hogarth and angel investor Khaled Heloui. Over the last 18 months, the firm’s original [...]
Climate tech and AI set to drive rebound in UK venture capital investment January 10, 2024 UK venture capital investment is set to recover in 2024, according to HSBC, after turning a corner in the second half of last year thanks to a boom in early-stage investing.
Japan eyes UK life sciences sector with injection into venture fund January 4, 2024 The Development Bank of Japan (DBJ) is investing into the UK’s stagnant life sciences sector in a bid to revive its own.
Venture capital firms rush to sign up as pension funds prepare £75bn bonanza November 21, 2023 Another wave of the UK’s venture capital and growth investors have thrown their weight behind efforts to get pension money flowing into start-ups today by signing the government’s Venture Capital Investment Compact.
HSBC, Santander and Blackrock among firms advising Labour on private investment November 20, 2023 City firms HSBC, Santander and Blackrock are among those advising the Labour Party on private sector investment following the launch of a new infrastructure council.
‘Duolingo for your career’: coaching app Bloom launches with $10 million raise November 13, 2023 Bloom, a new career coaching app, has officially launched in the UK and US on Monday after raising $10 million in seed funding.
UK risks falling in scientific investment, industry warns November 13, 2023 Jeremy Hunt’s ambition to turn the UK into a “science superpower” is at risk unless he increases tax relief, the BVCA has warned.
Former Hambro Perks CEO makes comeback with new firm November 13, 2023 The new business marks the first significant move by Perks since he abruptly stepped down from Hambro Perks in April.
All-male venture capital funds raise 10 times more than all-female November 7, 2023 A new report has exposed that in the UK, all-male-owned VC funds collectively raised around 10 times more capital than all-female-owned funds.
The Notebook: Nora Bavey on how lack of diversity stymies innovation October 30, 2023 Where top thinkers get a few things off their chest. Today, Nora Bavey, co-founder of Unconventional Ventures, takes the pen Diversity reports are vital in rooting out our unconscious biases This month, a pioneering bill in California marked a significant milestone in the venture capital industry in the US, mandating that venture capital (VC) firms [...]