Female-focused investment programme launches to help close gender funding gap February 8, 2022 A new female-focused fundraising programme has launched today to aim to close the UK's gender funding gap and work with female founders to navigate unconscious bias in venture capital (VC) investing.
Ofcom boss bids to regulate Netflix following Jimmy Carr row February 7, 2022 Ofcom chief boss Dame Melanie Dawes has said there would be “real value” in the media and telecoms watchdog regulating Netflix. In an exclusive interview with Channel 4 News, Dawes discusses the controversy surrounding the screening of a Jimmy Carr special in which the comedian made a joke about the Holocaust. In response to whether Ofcom should [...]
Regulators are playing catch up with digital finance, EU watchdogs warn February 7, 2022 European Union banking watchdogs have warned today that regulation is playing catch up with digital finance as social media platforms and ‘Big tech’ firms increasingly move into the space.
Exclusive: Railsbank CEO on finance’s ‘iTunes moment’, ripping up the rule book and the might of Amazon February 7, 2022 British fintech Railsbank is eyeing up ‘unicorn’ status as it looks to raise $100m funding which would value the firm at over $1bn. It follows a $70m funding injection last year from backers including Anthos Capital and Outrun Ventures, which bosses had suggested had left the firm with a valuation of close to $1bn. Time [...]
The White House’s Zoom: Neat video platform opens its London office following £472m valuation February 7, 2022 Neat, the immersive video conferencing software backed by Zoom and used by the US President, has opened a new office in London, as it hits a $640m (£473m) valuation and embraces hybrid working in the UK.
Meta share price plunge sees investors buy up almost 20 times more shares February 7, 2022 New data has revealed that investors purchased 1,828 per cent more shares day after Meta's fourth quarter announcement last week after the tech giant's stock dived 26 per cent.
Business of Space: Is there anything slowing down space-tech investing? February 5, 2022 This week Orbex files for UK launch licence More than £100m in fresh investment for ICEYE Military eye Isotropic Systems’ landmark tech Orbex applies for licence as UK heads for landmark launches this year The countdown has begun for the UK’s first-ever launches from British soil this year, which has prompted rocket firm Orbex to [...]
Railsbank closes in on ‘unicorn’ status with $100m funding round February 4, 2022 British fintech firm Railsbank is eyeing up ‘unicorn’ status as it looks to raise $100m funding that at a valuation of over $1bn, according to news reports.
Oxford Biomedica raises £39m after snapping up majority stake in US firm February 4, 2022 Oxford Biomedica, which helped AstraZeneca with its Covid-19 vaccine manufacturing, has raised £39.4m in a share placing. The placing represents 5.6 per cent of the company’s issued share capital to date. The London-listed gene and cell therapy group launched a placing to raise £80m last week, as it looks to widen its viral vector manufacturing [...]
Cybersecurity: ‘To cripple UK, Putin does not need nuclear weapons’ February 4, 2022 The UK’s public sector needs to be “agile” in employing the government’s new cybersecurity strategy, according to analysts, amid fears of a Russian devised cyberattack. While the strategy, published last week, “looks good on paper” – there are significant areas of improvement, say experts. “To cripple the UK, Putin does not need nuclear weapons,” explained cybersecurity expert [...]