Investment

New research out today reveals the vast majority (92 per cent) of company bosses at brands are investing more in mobile technologies this year.

Medbelle's founders

London-based MedTech startup Medbelle has raised €6 million in a Series A funding round to support it on its journey to create a fully end-to-end medical platform.

London-based FinTech Simudyne has successfully raised $6 million/£4.6 million in a Series A funding round, which closes today.

Real Madrid forward Gareth Bale is reportedly one of the backers of a new London fitness centre startup centred around rowing machines, according to the Evening Standard newspaper. that will debut in London this year, the Evening Standard can reveal.

London-based luxury holiday property rental startup, The Plum Guide, has raised £14m from some of Europe’s leading early-stage investors to support its ambitious rollout to 12 new cities this year.

VCs prefer food startups

Venture capitalists seem much more enthusiastic about pumping funds into “fast-casual” food startups, according to WIRED. On the other hand, overall investment in dating platforms isn’t getting off the ground.

A London cyber-security startup that uses AI to cut fraud risks for firms has raised £23million from investors.

Faraday Grid, the UK-based smart energy technology company, has secured a £25m investment from billionaire businessman Adam Neumann to support plans to accelerate its global growth.

BP invests in EV tech

London-based oil giant BP said it has invested in Chinese start-up PowerShare, which links electric vehicle drivers to charging points and helps power suppliers balance distribution.

TIG boss Des Lekerman

IT and cloud service provider TIG has acquired netConsult following a £6m cash injection.

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