Quin AI: Start-up secures £1.5m to ‘revolutionise’ data privacy Entrepreneurship 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 Fintech 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 [...]
Balfour Beatty awarded part of National Grid’s upgrade project Energy International infrastructure group Balfour Beatty has been awarded a £363m contract as part of National Grid’s RIIO-2 framework. The contract is part of the Bamford to Twinstead Reinforcement project, which aims to reinforce East Anglia’s electricity network as part of the country’s green energy build-out. The company will replace the existing electricity network with a [...]
What happens now that the Paris 2024 show is over? September 12, 2024 The Paris 2024 show’s over. What next? The small subset of Olympians in sports with lucrative circuits have already returned to action: US Open tennis, club and international football, golf’s Tour Championship, La Vuelta cycling and Diamond League athletics to the fore. The significance of the Games for these athletes will differ from sport to [...]
Innovate UK funding furore highlights women’s start-up struggles September 2, 2024 Anger at the unexpected shortfall in grants in an Innovate UK funding competition shows that more must be done to support female entrepreneurs, Jennifer Sieg writes
Hilltop Honey secures £10m boost as it plans overseas expansion August 22, 2024 Hilltop Honey has secured a £10m banking package from Santander UK as the brand looks to gain the financial support it needs to expand globally. The banking package includes stock finance, FX facilities, invoice finance and term loan refinancing and is designed to help the start-up accelerate its growth on a global scale. It comes [...]
Dear Keir Starmer and Labour, please double down on funding Team GB athletes August 15, 2024 Sport columnist Ed Warner reflects on the Paris 2024 Olympic Games, the Team GB medal haul and UK Sport funding. Dear Sir Keir, Ms Reeves and Ms Peacock, How do you feel about Team GB’s medal tally at the Olympics? More medals, 65, than last time out in Tokyo and equal to the London 2012 [...]
How much UK Sport funding did each Team GB medal cost in Paris? August 12, 2024 Without UK Sport there would be no Team GB at the Olympic Games given the organisation’s role in distributing funding to athletes across the board who are challenging for medals. After the Toyko 2020 Games three years ago there were calls for drastic changes in the UK Sport funding distribution given the failure of rowing [...]