Exclusive: Sustainable deodorant firm passes the smell test with £5m funding round February 17, 2022 A personal care start-up that created the UK’s first plastic-free refillable deodorant in 2019 has closed a £5m round led by the founders of Innocent Drinks and LoveFilm.
Arm-owner calls on banks to underwrite $8bn loan ahead of listing February 16, 2022 The owner of British chipmaker Arm is asking banks vying to be part of the firm’s flotation to underwrite a loan of about $8bn, according to Bloomberg reports.
Former Google boss launches $125m philanthropic fund to tackle AI issues February 16, 2022 Former Google boss Erich Schmidt has launched a $125m philanthropic fund to tackle so-called 'hard problems' in artificial intelligence including bias, harm and misuse and conflict.
Heineken warns drinkers could cut back on beer as it prepares to hike prices February 16, 2022 Heineken has warned today that drinkers could cut back on beer as it prepares to hike its prices to offset soaring costs.
Payments fintech Storfund lures in Amazon executive to ramp up product development February 16, 2022 UK payments fintech Storfund has lured in an Amazon payments executive as it looks to accelerate its product development and ramp up growth into new markets this year.
London luxury travel firm Plum Guide gets £23m injection to tap into ‘revenge travel’ February 16, 2022 London-based luxury holiday platform Plum Guide has bagged a £23m funding injection as it looks to tap into a surge of pent-up ‘revenge travel’ as global covid restrictions ease.
Private equity firms outgun banks on pay after fees soar February 16, 2022 Top US private equity firms are now outgunning big investment banks on pay as the they set aside more than twice as much to dish out to employees last year.
Atom Bank mulls going public after £75m funding round February 16, 2022 Digital bank Atom Bank has closed a £75m funding round which values the firm at £435m as it gears up for a potential flotation on the stock exchange.
National Saving & Investments doubles rates on green bond after backlash February 15, 2022 National Security & Investments (NS&I) has doubled the interest rate offered on its green savings bond after it came under fire for offering measly returns for savers the first time round.
Intel snaps up Israeli chipmaker Tower for $5.4bn February 15, 2022 US technology giant Intel has snapped up Israeli chipmaker Tower Semiconductor for $5.4bn today as it looks to deepen its presence in the sector amid soaring demand for semiconductors.
