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London VC Firgun Ventures has unveiled the first $70m (£53.4m) close of its quantum-focused investment fund.
Targeting early growth-stage firms developing quantum technologies, the fund will back Series A and B rounds in the sector.
The fund, for which Firgun aims to raise $250m, has secured significant backing from the Qatar Investment Authority as well as a ha...
HubBox, a London-based provider of delivery software for ecommerce retailers, has raised a £6m investment.
Founded in 2015, HubBox was launched to offer a solution to the frustration of failed home deliveries.
The firm’s software is used by retailers to direct them to local pickup points for flexible deliveries.
HubBox said its software is used by thousan...
The British Business Bank will focus its investment efforts on higher risk tech scaleup deals following its mandate to encourage economic growth.
The group unveiled a new five-year strategy on Monday in line with instructions from the government, as well as a sizeable funding increase, to grow the economy and reform how small businesses access finances.
In its n...
A new £10m investment fund that aims to be Europe’s answer to Y Combinator has been launched by London-based group Onstage.
Known for its Demo Day events that regularly pull in thousands of startups from Europe and put them in contact with top funds from Europe and the US, Onstage believes it is well positioned to make the leap to fund operator.
“We can all agre...
London-based fintech Revolut has been valued at $75bn (£57.3bn) following the completion of a share sale.
The new valuation further solidifies the company’s existing position as the most valuable private tech firm in Europe.
The share sale included the option for curren...
