Blossom Capital raises $432m to tap into early stage tech January 18, 2022 Venture capital firm Blossom Capital has raised $432m for a new fund as it looks to tap into high-growth tech firms.
Wayve secures $200m to drive autonomous vehicle tech January 18, 2022 Autonomous vehicle tech firm Wayve has announced a $200m funding injection as it looks to ramp up development of its new AI technology. The King’s Cross-based firm has secured investment from long-term backer Eclipse Ventures, which led the round, with additional backing from firms including D1 Capital Partners and Baillie Gifford and additional support from [...]
Bankers prepare £25bn package as private equity firms circle GSK January 17, 2022 Bankers are putting together major financing packages in preparation of a potential private equity bid for GlaxoSmithKline’s consumer healthcare business.
Alphawave IP sails past expectations with 225% surge in bookings January 17, 2022 London-listed Alphawave IP sailed past its initial sales guidance today as it reported a 225% surge in bookings last year.
‘Marmite situation’ for GSK investors as Unilever bids spark potential bidding war January 17, 2022 Analysts have predicted a potential bidding war erupting for GSK’s consumer arm.
Barclays tells big business to pay up as small firms face cashflow crisis January 17, 2022 Barclays has warned that big businesses are threatening smaller suppliers' survival with extended payment terms.
Darktrace shares dive after short seller ShadowFall bets against tech darling’s stock January 17, 2022 Shares in tech darling Darktrace plunged this morning after reports emerged of short seller ShadowFall betting against the stock.
BGF invests record £165m into London and South East firms January 17, 2022 BGF pumped a record £165m into London and the South East in last year, new figures from the firm have revealed.
Exclusive: Kalifa calls on pension funds to fill fintech growth funding cap January 17, 2022 The author of a major review of UK fintech has called on pension funds to back British entrepreneurs and fill a major growth funding gap in the sector.
WH Smith faces investor revolt over executive pay January 16, 2022 WH Smith faces a revolt from investors after it was announced boss Carl Cowling was in line for a £550,000 bonus despite the firm not paying back government pandemic support.
