Category: London
Deliveroo could leave Spanish market ahead of on-demand labor reclassification
Deliveroo announced today that it is considering leaving the Spanish market, citing limited market share and a long road of investment with “highly uncertain long-term potential returns” on the horizon. The company, an on-demand outfit based in the U.K., went public earlier in 2021. Its shares initially sagged, drawing concern…
Read More
Untitled Ventures joins the scramble for Russian & Eastern European startups with a $118M warchest
Sorry Mr. Putin, but there’s a race on for Russian and Eastern European founders. And right now, those awful capitalists in the corrupt West are starting to out-gun the opposition! But seriously… only the other day a $100 million fund aimed at Russian speaking entrepreneurs appeared, and others are proliferating.…
Read More
This startup just created a fast, accurate COVID test that only needs saliva and links to an app
We’re entering a phase in the COVID-19 pandemic where transmission is going to go through the roof because of the Delta variant. But as vaccinations ramp up around the world, the main cost to society now will not be the health services being overwhelmed, but mass disruption to businesses as…
Read More
White label fintech platform Toqio secures $9.4M Seed led by Seaya and Speedinvest
The upside of the Open Banking regulations which have swept jurisdictions like the UK and the EU is that many more challenger banks have appeared. The headache for either incumbent banks or for upstart startups is the very proliferation of these new banks and financial tech products. But as we…
Read More
Thursday snags $3.5M for a dating app that’s live once a week
Thursday, a dating app that wants to solve problems created by, well, too much time spent using dating apps, had raised a £2.5 million (~$3.5M) seed investment — a few months after launching (in May) its single-matching service in London and New York (and racking up over 52k downloads). Last…
Read More
8 founders, leaders highlight fintech and deep tech as Bristol’s top sectors
The U.K. is gaining in popularity as a great place to start a tech firm. The country is quickly catching up to China on the tech investment front, with VC investments reaching a record of $15 billion in 2020, according to TechNation. A global health crisis notwithstanding, London remained a…
Read More