Harriet, the first full-stack AI solution designed to get companies’ internal data ready for the AI revolution, relieve People teams of their daily admin burden, and give every staff member their own HR assistant, has raised a £1.2m pre-seed round led by Concept Ventures and joined by Frontline Ventures, Portfolio Ventures, and Notion Capital.
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Saudis buy 49% stake in Forte Hotels group
Sir Rocco Forte is increasing the pace of expansion of his luxury hotel group after selling a 49 per cent stake to Saudi Arabia’s sovereign wealth fund which values the business at £1.4 billion.
£10.5m funding deal accelerates next stage of growth for Yorkshire SME
A Yorkshire-based property company, which specialises in buying homes for cash in just seven days, is eyeing further expansion having gained full shareholding ownership of the business after securing a £10.5m funding solution.
Octopus EV silently speeds past £1 billion electric car funding
Octopus Electric Vehicles (Octopus EV) has agreed a £550 million debt securitisation facility from Lloyds Bank to fund electric vehicles, accelerating total EV funding to £1.2 billion.
Liverpool’s VEC to deliver £5.1m innovation support programme for city region’s SMEs
A new partnership between the University of Liverpool’s VEC (Virtual Engineering Centre), Liverpool John Moores University (LJMU) and Edge Hill University has launched to support business innovation across the Liverpool City Region (LCR).
Maison Sport Secures £3M Investment to Expand European Reach and Onboard More Travel Agents
Maison Sport, the leading online platform connecting ski enthusiasts with professional instructors, has announced the successful completion of an ambitious £3.1 million investment round, bolstering its position as a trailblazer in the ski tech industry.
Paysend Raises $65 Million in Latest Funding Round, Including Strategic Investment from Mastercard
Paysend, a global fintech leader in international money transfers, has successfully raised an impressive $65 million in its latest funding round.
CatX raises $2.7 million to bring more alternative capital into the insurance sector
CatX, a platform designed to facilitate the flow of alternative capital into the insurance sector, has successfully raised $2.7 million in seed funding. Its backers include top Silicon Valley venture capital firms and angel investors from leading proprietary trading firms and hedge funds.
Fitness tech start-up secures new £5 million to help improve peoples’ lives through running in latest investment round
The team behind runny, the world’s #1 rated personalised running coaching app that launched in 2021, has closed its latest venture capital round having raised £5 million.
1nhaler raises £2 million to develop single-use sustainable inhaler
1nhaler, a Scotland-based drug delivery device developer, has raised £2 million to develop its unique single-use dry powder inhaler (DPI).
Ground-breaking UK Export Finance deal secures huge investment in North-East England
UKEF and K-Sure have secured support worth £367 million for South Korean manufacturer SeAH Steel Holding’s construction of a wind tech factory near Redcar, in the Tees Valley.
Formula One stars team up to allow public to buy shares in multi-million pound classic cars
Formula One stars Mika Hakkinen and David Coulthard have teamed up with a pair of entrepreneurs to launch a stock market business that allows the public to invest in ultra-rare classic cars.
Independent Scottish organic whisky distillery Nc’nean secures new funding package
Nc’nean Distillery has secured a Virgin Money funding package with the backing of UK Government department UK Export Finance (UKEF)
Award-winning Birmingham Afro hair care solutions company secures £530,000 investment
Award-winning Afro hair care company Nylah’s Naturals has raised a £530k seed round led by Midven.
Seed capital funding launches for UK entrepreneurs in colour/dyeing industries
Following the success of last year’s inaugural Seed Capital Investment Fund, The Dyers’ Company are pleased to launch the Fund for a second year.