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Phlo Technologies (t/a Phlo) secures £9 million Series A Follow On investment led by Par Equity

Phlo Technologies (t/a Phlo) secures £9 million Series A Follow On investment led by Par Equity

Phlo have today announced the close of a £9 million funding round, accessing additional investment for their group of businesses amid a challenging investor market. The new capital will power significant scaling of the digital healthcare business, and its evolution from a digital pharmacy innovator into a holistic digital healthcare leader. The raise comes at...

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TABBx (TABBit) secures £320K Pre-Seed investment led by Angel Invest

TABBx (TABBit) secures £320K Pre-Seed investment led by Angel Invest

London, United Kingdom – 29 February, 2024, 14:00 GMT – TABBit, a London based fintech startup, making it possible for friends to manage shared expenses via their existing banking apps, has successfully raised £320k to focus on growth and further product development. The investment has been led by the European super-angel fund Angel Invest. Fintech industry veterans such as Dr Andrew...

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How UK SMBs Can Prepare for 5G Rollout

How UK SMBs Can Prepare for 5G Rollout

With many UK businesses prioritising digitisation, a strong network connection is becoming a key driver of the nation’s economy. This is why the UK government has invested £40 million in extending 5G coverage to all populated areas of the nation by 2030. A reliable network connection is arguably most crucial for small and medium businesses....

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VoltShare secures £500K Pre-Seed investment Led by SFC Capital

VoltShare secures £500K Pre-Seed investment Led by SFC Capital

London, UK – VoltShare, a leading provider of electric vehicle (EV) charging solutions designed specifically for the hospitality industry, today announced it has secured £500,000 in growth funding led by SFC Capital with support from London Co-Investment Fund, Bethnal Green Ventures, Copa Ventures and angel investors. The majority of the funding will be used to...

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Big Tech feels the heat over AI concerns

Big Tech feels the heat over AI concerns

For up-to-the-minute news updates, visit our live blog Good evening. Much has been written about the potential of artificial intelligence to transform our working lives and wider society, but the rapidly growing sector is also feeling the heat over competition and its impact on the environment. We report today that Microsoft has given up its...

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Climate tech explained: sustainable aviation fuels

Climate tech explained: sustainable aviation fuels

An illustration shows a person standing on a step ladder, pouring a green liquid from a bottle into the fuel tank of an airplaneVirtually no human activity is as difficult to decarbonise as flying. Relatively light, energy-dense aviation fuel — or Jet A-1, as the most common type is known — packs vast amounts of...

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Climate tech explained: Heat pumps

Climate tech explained: Heat pumps

Some two-thirds of the energy used to heat buildings worldwide still relies on fossil fuels — usually in the form of a gas boiler. Reducing this reliance is a crucial part of the path to net zero. And one key technology for achieving this is the heat pump. Best understood as operating like a fridge...

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Portsmouth Tech and Cultural Summit Unveils Speakers’ Roster

Portsmouth Tech and Cultural Summit Unveils Speakers’ Roster

Organisers of the forthcoming Portsmouth Tech and Cultural Summit have announced an impressive slate of speakers for the event coming up on August 10, 2024 at the Buckland Community Centre in Portsmouth Hampshire, United Kingdom. Projected to drive meaningful conversations, discussions, and collaborations in technology and cultural endeavours, the event will feature speakers and professionals...

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Made in the UK | Silicon UK Tech News

Made in the UK | Silicon UK Tech News

   UK manufacturers have demonstrated amazing adaptability during a period of unprecedented disruption, according to a new report published by Protolabs and the Institute of Mechanical Engineers (IMechE). The report, “How Five Years Shaped the Future of UK Manufacturing,” is based on annual surveys of more than 700 UK manufacturing executives and IMechE members over...

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United Kingdom broadcasters deploy advanced tech for 2024 general election coverage

United Kingdom broadcasters deploy advanced tech for 2024 general election coverage

Subscribe to NewscastStudio for the latest news, project case studies and product announcements in broadcast technology, creative design and engineering delivered to your inbox. The 2024 UK General Election on July 4th presented a unique challenge for the country’s major broadcasters. Called unexpectedly early by Prime Minister Rishi Sunak on May 22nd, the networks had...

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Tasty Mates secures £60K investment from Peter Jones

Tasty Mates secures £60K investment from Peter Jones

Thursday 22nd February 2024, gourmet gummy sweet company, Tasty Mates, was seen on BBC’s Dragons’ Den. The episode saw one of the founders, Joe Woolf, achieve a £60,000 investment from British entrepreneur, Peter Jones CBE. Tasty Mates launched in February 2021, after co-founder Joe noticed a gap in the confectionary market focussing on a better...

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Dexory secures £14.95 million Series A investment led by Atomico

Dexory secures £14.95 million Series A investment led by Atomico

London, United Kingdom, 27th June 2023 — Dexory has secured $19 million in Series A funding led by leading European VC firm Atomico, with participation from existing investors Lakestar, Kindred, Capnamic, and Maersk Growth, the investment arm of the global logistics and container shipping company, Maersk. As part of this investment Atomico Partner Ben Blume...