Localglobe

Machine learning is set to speed up the detection of contamination in food factories

The factories that process our food and beverages (newsflash: no, it doesn’t come straight from a farm) have to be kept very clean, or we’d all get very ill, to be blunt. Ensuring that usually ent

Jumba, a Kenyan startup simplifying sourcing of construction supplies, raises $4.5M

Less than a year after launch, Kenyan B2B construction tech startup Jumba has secured clients in major regions of the East African country, a tell-tale of the growth it has experienced over the last 1

SigmaOS raises $4 million to build a browser for productivity nerds

There is no doubt that Chrome, Safari, Edge and Firefox attract the majority of browser users. But despite this dominance, smaller browser companies are trying to carve a niche, and even get users to

Medusa’s open source e-commerce tool for JavaScript developers aims to take on Shopify

Medusa aims to offer APIs beyond the standard marketplaces ones for merchants to build more advanced features like fulfillment, subscriptions or a wholesale channel.

LocalGlobe becomes Phoenix Court Group, hits $500M first close for new funds, adds an Impact twist

Saul Klein is a busy man. As co-founder with his father Robin, of LocalGlobe, one of the longest-running VCs in Europe, he has overseen a wide range of initiatives. Among other things, the pair are pa

South Africa’s edtech FoondaMate eyes speedy takeoff after $2M funding

South African edtech startup FoondaMate has secured $2 million seed funding in a round led by LocalGlobe, the U.K.-based venture capital firm, to drive uptake of its WhatsApp and Facebook-based learni

Circular.io is putting a referral spin on tech recruitment

Demand for talent continues to make tech recruitment a hotbed of startup activity. To wit: Madrid-based startup Circular.io, which is now expanding its “talent sharing platform” — in

Oja bags $3.4M to build an online supermarket for ethnic products

As investors continue to pour billions into super speedy on-demand grocery delivery — trying to dislodge the dominance of traditional supermarket giants via a hyper convenience lever (whipping u

Post-pandemic shifts means Patch will take co-working to UK small towns and suburbs

It would be fair to say the pandemic has had enormous effects on the world of work, but it has come at a time when other factors were already ongoing. The decline of main-street shopping due to e-comm

Supercritical launches carbon removal offset marketplace for tech firms to reach net zero

It’s a little known fact that the carbon footprint of the technology sector is greater than the entire aviation industry (Aalto University and LUT University). At the same time, tech companies (like

Could Claap, an asynchronous video meetings platform, end the tyranny of Zoom calls?

Because of the pandemic, we’re all a lot more familiar with remote working than we used to be, whether we like it or not. But the remote tools of the pre-pandemic era — Slack, Trello, Zoom, As

British AI startup Faculty raises $42.5M growth round led by Apax Digital Fund

British artificial intelligence (AI) company, Faculty has raised £30 million ($42.5. million) in growth funding from the Apax Digital Fund (ADF). The startup has now raised a total of £40 million ($

&Open raises $7.2M from First Round Capital and LocalGlobe to send gifts at scale

We live in a world where companies have to send out “gifts” to individuals. Chocolate bars. Bottles of wine. You name it. Companies are gifting it. But right now, that operation is buried

Payroll automation startup raises $15.6M Series A led by General Catalyst

Payroll automation is not exactly the sexiest of startup areas but it’s a pretty decent business. The larger startup in the space is Payfit, which has raised upward of $208.4 million to do something

With two new funds, LocalGlobe has more latitude than ever

“You wanted me to record this?” asks Saul Klein, LocalGlobe founding partner. “Just in case you say anything interesting,” I quip back. “I won’t be doing most of the talking, so maybe

Cosmos Video — a ‘Club Penguin for adults’ to socialise and work — raises $2.6M from LocalGlobe

All over the world startups are piling into the space marked “virtual interaction and collaboration”. What if a startup created a sort of “Club Penguin for adults”? Step forward Cosmos

Papercup, the UK startup using AI for realistic-sounding voice translation, raises £8M funding

Papercup, the U.K.-based AI startup that has developed speech technology that translates people’s voices into other languages and is already being used in the video and television industry, has rais

London Business School and LocalGlobe launch new VC course aimed at women, Black and Asian candidates

With the U.K.’s Black Tech Fest on this week, it’s timely that a new executive education course aimed at those wanting to enter the venture capital industry has been launched to serve previous

LocalGlobe and TransferWise’s Taavet Hinrikus back ‘frictionless finance’ startup Radix

Radix, a U.K. startup that’s building a decentralised finance protocol on which new financial apps can connect and be built on top of, has raised $4.1 million in new funding. Backing the company

Data startup Axiom secures $4M from Crane Venture Partners, emerges from stealth

Axiom, a startup that helps companies deal with their internal data, has secured a new $4 million seed round led by U.K.-based Crane Venture Partners, with participation from LocalGlobe, Fly VC and Ma
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