Flexjet: Private jet giant valued at $4bn after mega funding round July 21, 2025 Flexjet, the world’s second-largest private jet company, has been valued at around $4bn (£2.9bn) after securing $800m in new funding. The US firm’s latest funding round has been led by private equity giant L Catterton – which itself is backed by luxury group LVMH. Other backers of the round include KSL Capital Partners and J. [...]
Former Freshfields lawyers AI legal tech raises $30m in funding round June 9, 2025 An AI-powered legal tech company founded by two former associates from Freshfields has raised $30m (£22.1m) in Series B funding
Cricketing star Ben Stokes takes stake in alcohol-free Cleanco May 18, 2025 Cricketing star Ben Stokes OBE has taken a stake in reality tv star Spencer Matthews’ alcohol-free spirits brand Cleanco. Stokes partnership with the firm comes as part of a $5m fundraising round for the brand as it hopes for its first year of cash-flow positivty. Cleanco is also gearing up for global expansion with ambitions [...]
UK scale-ups face crisis as growth capital hits seven-year low May 6, 2025 Growth capital has hit a seven-year low on both volume and value with the UK start-up to scale-up pipeline “broken”, a fresh report has warned. Figures seen by Morning Wire revealed Series A funding – investments of £2m to £10m for startups looking to grow – had slumped to £2.4bn in the 12 months to [...]
Deutsche Bank bets £250m on UK fintech Abound March 27, 2025 Deutsche Bank announced on Thursday morning it had given a £250m backing to UK fintech Abound, boosting the firm’s lending capacity. The latest round of funding compounds existing support from Citi, Waterfall Asset Management and LuminArx – and takes the fintech’s total credit ceiling to £1.6bn. Abound said the additional capital would provide “firepower to [...]
Harry Maguire among investors in AI lawyer’s $40m push into US market December 5, 2024 Footballers Harry Maguire and Reece James among those that co-led UK legal tech startup Lawhive raising $40m in series A funding for its push into the US
9fin: Data start-up raises £40m for credit markets tech December 2, 2024 Financial data start-up 9fin has raised $50m (£39.3m) as it looks to grow a foothold in the market for debt and private capital research. The London-based fintech announced a Series B round led by growth capital investor Highland Europe. 9fin did not disclose at what valuation it had raised the money. It was reported a [...]
If we can’t ‘eradicate the bias’ — how do we close the funding gap? October 25, 2024 Join Ambition AM for a powerful event on closing the gender funding gap, where female entrepreneurs share their experiences, challenges and insights.
Quin AI: Start-up secures £1.5m to ‘revolutionise’ data privacy September 26, 2024 Quin AI has secured £1.5m in seed funding as it looks to shift its unique focus on customer personalisation into new industries.
Revolut investor backs Gen Z credit card fintech Yonder September 19, 2024 Credit card start-up Yonder has exceeded a post-money valuation of £100m as it secured another £23.4m in its latest funding round, led by one of the early investors of fintech app Revolut. The credit card rewards firm, which is geared towards millennials and Gen Z consumers, plans to use the latest injection of funding to [...]