Growth fund Norrsken22 raises $200m to spur growth in African tech January 31, 2022 A tech fund backed by 30 ‘unicorn’ founders has today closed a $200m raise to seek out and spur growth in Africa’s future tech giants.
Virgin Media O2 owners raising fresh capital to supercharge fast fibre broadband roll out January 31, 2022 Virgin Media O2’s owners are looking to raise hundreds of millions of pounds from investors as the merged firm looks to ramp up investment into fibre broadband across the country.
Vodafone feels the pressure after activist investor Cevian builds a stake January 31, 2022 Voadafone is expected to speed up an organisational overhaul after it was revealed that a notorious activist investor had taken a stake in the firm.
Ladbrokes owner Entain to launch £40m innovation hub in London January 31, 2022 Ladbrokes and Sportingbet owner Entain will launch a £40m global innovation hub in London as it looks to accelerate its expansion into entertainment.
Spotify rolls out covid content warnings after Neil Young and Joni Mitchell launch protest January 31, 2022 Streaming giant Spotify will roll out Covid content warnings on podcasts after singer Neil Young withdrew from the platform in protest at the spread of misinformation.
Steel sales slump at Evraz amid Russian export pressures January 31, 2022 Global steel and mining giant Evraz reported a slump in sales of its steel products last year after new rules on exports of its Russian products put a squeeze on production.
Could we see a meme stock repeat? January 28, 2022 For the retail investors at the heart of it, the so-called meme stock surge last January was a case of David vs Goliath.
E-bike firm Cowboy raises $80m as it rides urban mobility boom January 27, 2022 Electric bike startup Cowboy has announced an $80m funding injection as it rides a boom in demand for electrical bikes across Europe.
LayBuy accelerates UK growth after revenues surge January 27, 2022 Buy now pay later (BNPL) firm LayBuy says it is accelerating its UK expansion plans after reporting a 70 per cent jump in revenues.
Jupiter fees skyrocket as fund managers pocket £60m January 27, 2022 Two-stockpickers at fund manager Jupiter have pocketed £60m in fees from investment trust Chrysalis Investments after the value of their portfolios soared last year.
