London

The UK threw a splashy event in New York this week to woo more American VCs

U.K. officials unveiled a hologram statue and threw a big party to celebrate the U.K. as the third $1 trillion tech economy.

Not many unicorns were spotted in the UK and France this year

Since France and the U.K. have both been vocal about their unicorn goals, it is these two countries we are looking at today.

OpenAI brings the competition to DeepMind’s doorstep with new London office

OpenAI is expanding overseas. To London, specifically. Today, the Microsoft-backed AI startup announced that it plans to open an office in London, its first international outpost. When OpenAI’s

Dope Security emerges from stealth to shake up the SWG market

San Francisco-based cybersecurity startup Dope Security has launched from stealth with $4 million in funding to modernize the secure web gateway market. A secure web gateway, or SWG, is a network secu

Google’s adtech practices targeted in UK, EU antitrust damages suits

More antitrust litigation targeting Big (ad)Tech: Google is being sued in the U.K. and the Netherlands where two suits have been announced today seeking damages on behalf of publishers who claim they

Runa Capital kicks off new fund as it joins the VC ‘Scramble for Europe’ by moving to Luxembourg

TechCrunch understands Runa Capital, which launched in 2010, has raised $55 million toward its fourth fund, aiming for a target of $250 million. The company is declinging to comment. However, after 12

Stockholm’s EQT Growth closes $2.2B to fund scaling European startups like Vinted, Mambu and Epidemic Sound

The days of European startups relocating to the U.S. if they want to grow (and raise money to do so) have been receding in the rearview mirror for a while now, so much so that even in these leaner tim

Vorboss brings minimum 10 Gbps enterprise fibre network to London businesses

A new enterprise fibre network is ready to deliver up to 100 Gbps (gigabits-per-second) high-speed internet to London businesses, as part of a £250 million ($290 million) investment in the city&#8217

UK’s FocalPoint raises $17M for its software-based approach to repairing the flaws of GPS

GPS in its many regional flavors has become a ubiquitous feature in phones, smart watches, cars and other connected devices, but for all the location-based features that it helps enable (mapping being

Flush with fresh funds, UK ‘eco laundry’ startup Oxwash spins up growth plans

Oxwash, a U.K. startup that’s spent the last few years applying high tech processes to shrink the environment cost of dry cleaning and commercial laundry, has trousered £10 million (~$12 millio

OnlyFans’s Ami Gan and Keily Blair join us at Disrupt for a SFW fireside chat

It’s been a tumultuous year for OnlyFans, the popular subscription-based social media platform best known for hosting explicit content and offering an online safe haven to the sex workers who create

Thirdweb raises $24M at a $160M valuation from Haun Ventures, Shopify and Coinbase for its web3 development kit

There’s been a lot of hype about “web3”, but the reality is that it’s still a largely nascent and fragmented concept, and that has led to web3 startups building platforms to en

This new $100M fund plans to focus on startups accelerating the science around longevity

Longevity-focused startups have been proliferating in recent years as we become more focused on our health. However, it’s not just about apps to get you in the gym. Longevity startups can range from

Aero raises $65M for its semi-private airline

Aero Technologies, which describes itself as a “next-generation air travel company” which currently operates on a limited number of routes in the U.S. and Europe, today announced that it h

Despite remote work and the economic downturn, some companies look to London for expansion

Barely a day goes by without news of layoffs emerging from the tech world — from cybersecurity to gaming, no industry is impervious. It’s not limited to any particular size of company, ei

UiPath acquires London-based NLP startup Re:infer

Robotic process automation (RPA) company UiPath has acquired Re:infer, a London-based startup that’s developing natural language processing (NLP) tools for enterprises. Terms of the deal were no

Data center electricity demands could curtail London housing development

Data centers might be the lifeblood of the modern digital economy but for housing developers in some parts of London they could curtail building plans for the next 13 years. According to a report in t

Exceptional Ventures joins Europe’s health and wellness gold rush with a new $24M fund

With the after-effect of the pandemic set to play out for years, VCs specializing in health, wellness and general ‘joy’ would appear to have rising fortunes. Funds such as Able Partners and Joyanc

Systemiq secures $70 million to fund early-stage climate tech founders

Systemiq Capital, a backer of early-stage climate tech startups, says it has secured $70 million to kick off its second fund. The London-based VC aims to raise as much as $130 million more; that would

London fails to retain Atlassian as it heads stateside in search of a ‘broader set’ of investors

Despite multiple overtures by the British government to woo tech companies and keep the largest ones from defecting to the U.S., the latest example of the failure of this policy comes with the news th
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