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Deal-flow newsletter PreSeed Now to introduce future UK crown jewels to investors

Launching today, deal-flow newsletter PreSeed Now will present early-stage startups from around the U.K. to investors twice a week, with one in-depth profile per issue.

Zapp snaps up $200M to supersize its instant grocery play

Zapp, the instant grocery delivery startup that launched in 2020 in London, has picked up a substantial round of funding to go head-to-head with Getir, Gopuff, Jiffy, Deliveroo and the many others hun

Turkey’s instant grocery giant Getir grabs UK’s Weezy in latest delivery consolidation

Well that was quick. U.K.-based hyper fast grocery delivery startup Weezy — which only raised a pre-seed for its 15-minute delivery services of supermarket fare last year (after founding the biz

After acquiring Dija and Fancy, instant grocery startup Gopuff launches in the UK en route to European expansion

Instant grocery and essentials delivery is already a very crowded field in Europe; but today competition was turned up another notch: Gopuff — the U.S. leader in the space with a service that de

Fractory raises $9M to rethink manufacturing supply chain for metalworks

Fractory is positioning itself as part of that new guard of flexible custom manufacturing. It announced a Series A of $9 million (€7.7 million) that underscores the trend.

Peak raises $75M for a platform that helps non-tech companies build AI applications

As artificial intelligence continues to weave its way into more enterprise applications, a startup that has built a platform to help businesses, especially non-tech organizations, build more customize

Fintech giant Klarna raises $639M at a $45.6B valuation amid ‘massive momentum’ in the US

Just over three months after its last funding round, European fintech giant Klarna is announcing today that it has raised another $639 million at a staggering post-money valuation of $45.6 billion. Ru

Kbox picks up £12M additional funding to let underused commercial kitchens do takeout for delivery

Kbox Global, the U.K. startup that turns underused commercial kitchen space into takeout delivery hubs — therefore helping existing kitchens generate much-needed revenue — has raised £12

Uber picks up Autocab to push into places its own app doesn’t go

Uber has bought U.K.-based Autocab, which sells SaaS to the taxi and private hire vehicle industry, with the aim of expanding the utility of its own platform by linking users who open its app in place

Spin scooters head to Europe, starting with Germany

Spin has launched its scooter sharing business to Germany, the first step in the U.S. company’s plans to expand to Europe. The company, which was acquired by Ford in 2018 for about $100 million,

Australian startup SafetyCulture nabs $800M valuation on $35.5M round

SafetyCulture, the Australian enterprise software company that manages security and compliance checks at companies around the world, has raised $35.5 million at an $800 million valuation in its latest

PR pitch to Ola reveals the inner workings of UK ride-hailing politics

A UK PR firm pitching to run an account for Ola has proposed running a campaign to politicize ride-hailing as a tactic to shift regulations in its favor. The approach suggests that, despite the appear

United Airlines CISO Emily Heath joins TC Sessions: Enterprise this September

In an era of massive data breaches, most recently the Capital One fiasco, the risk of a cyberattack and the costly consequences are the top existential threat to corporations big and small. At TechCru

Amazon sellers to hit UK high streets in year-long pop-up pilot

Internet shopping has been blamed for boarding up high streets across the UK. So it looks politically judicious for Amazon, the original ecommerce behemoth, to now be attaching its brand name to a pil

UK’s first 5G network taster goes live in six cities tomorrow

The UK’s first 5G consumer mobile network is launching tomorrow in six cities. Mobile network operator EE will switch on the next-gen cellular connectivity in select locations in London, Cardiff

India’s Uber rival Ola is headed to Europe with ride-hailing launch in the UK

The UK is getting a new alternative to Uber after India-based ride-hailing company Ola announced plans to expand to the country, which will become its first market in Europe. Ola was founded in 2010 a

Massage-on-demand company, Soothe, raises $31 million

The massage-on-demand service Soothe seems to be rubbing investors the right way with the close of a new $31 million round of funding. The Series C round from late-stage and growth capital investment

Interiors marketplace eporta raises $8M, led by Canvas Ventures

In this day and age of higher expectation in offices, sourcing your furniture from Ikea no longer cuts the proverbial mustard. But the furniture industry is notoriously old fashioned, forcing buyers t

Mobike will launch dockless bike-sharing in the U.K., its first market outside of Asia

Mobike, one of China’s largest bike-sharing companies, will launch in Manchester and Salford, its first cities outside of Asia. The service is slated to arrive on June 29, the Beijing-headquartered

Uber’s Larger Vehicle Service — UberXL — Hits The Road In London And Manchester

Uber is beefing up its presence in the UK, quite literally, today, after it introduced UberXL -- its large-seater car service -- in London and Manchester. The service allows Uber customers to summo