Apple keynote 2019: Everything from inside the Steve Jobs theatre, as it happened September 10, 2019 This was the live blog of the Apple 2019 keynote, featuring the debut of the iPhone 11 family, the Apple Watch Series 5, the seventh generation of the iPad and more. 19:09 iPhone 11 Pro and Pro Max Now it’s time for the more expensive phone. Available in four colours: Gold, Space Grey, Silver and [...]
London startup Snyk secures $70m from Facebook investor Accel September 10, 2019 Cybersecurity firm Snyk has raised $70m (£56.7m) in funding, led by venture capital stalwart Accel, to fuel the next stage in its international expansion. The round was also supported by existing investors GV and Boldstart Ventures. It follows a $22m investment in September last year, taking the London and Boston-based startup’s total amount raised to [...]
Investors balk at Slack’s earnings debut on Wall St September 4, 2019 Shares of workplace technology giant Slack fell more than 15 per cent in after-hours trading tonight, following the company’s first set of quarterly results published since its markets debut in June. Slack, which is the creator of its eponymous workplace messaging app, said it had suffered a significant impact on its revenue due to the [...]
Former Softbank spinoff plugs $23m into crypto startup Elliptic September 4, 2019 Elliptic, which provides crypto-asset risk management solutions for crypto businesses and financial institutions, has today secured $23m in investment from Tokyo giant SBI Group. Albion VC also joined the round, alongside existing investors Signalfire, Octopus Ventures and Santander’s venture capital arm. SBI Group was formerly part of Japanese mega investor Softbank, before fully separating from [...]
London design startup Papier picks up $11m from top UK venture funds September 4, 2019 Personalised stationery firm Papier today closed an $11m (£9.1m) funding round, led by Monica Vinader backer Beringea. Other investors such as Felix Capital, Innocent Drinks’ founders fund Jamjar Investments and Downing Ventures also participated, taking Papier’s total raised to date to $15m. The design company said it will use the funding to accelerate its growth [...]
Fintech startup Curve tops Crowdcube record in £6m raise September 4, 2019 A card management startup yesterday broke the record for the fastest campaign to reach £4m on Crowdcube, hitting the milestone within 42 minutes. As the round closed last night, Curve raised a total of £6m from 9,591 investors. The Holborn tech firm, which allows users to consolidate all their credit and debit cards into one [...]
Mitsubishi leads $50m funding round for London solar startup August 28, 2019 A clean energy startup based in Chiswick has closed a $50m (£40.7m) series D funding round, led by Japanese car giant Mitsubishi. Bboxx, which provides pay-as-you-go solar energy using in-home solar systems paid for via mobile top-ups, will use the funding to power up its international expansion efforts. Other investors included the European funds Bamboo [...]
Softbank-backed startup Uhuru to list in London August 21, 2019 Japanese software startup Uhuru is to go public in London later this year, after opening an office in the city in 2018. The company raised $4.5m from Softbank last year, and also counts Salesforce, Dentsu and Mitsui & Co as investors. Uhuru, an IoT startup which helps connect products to the cloud, said it will [...]
Tech startups attract record $6.7bn in foreign investment August 21, 2019 British tech companies have attracted more foreign investment in the past seven months than in the whole of 2018, racking up $6.7bn (£5.5bn) in funding. More than half of that amount came from US and Asian investors. As such, the UK is now receiving more non-domestic capital, per capita, than the US, according to data [...]
Robot delivery service Starship Technologies targets students in $40m raise August 20, 2019 Starship Technologies, a US tech firm headed by former Airbnb exec Lex Bayer, has raised $40m (£33.1m) in a series A funding round. The investment was led by Morpheus Ventures with participation from Shasta Ventures, Matrix Partners, Metaplanet Holdings, TDK Ventures, Qu Ventures and others. Starship’s autonomous robot delivery fleet operates in cities across the [...]
