Category: VC Funding News

UK venture capital arm to write ‘big cheques’ for tech sector

In its first annual results since being set up last summer, British Patient Capital, which has backed companies such as Revolut and Graphcore through its investment in venture capital funds focused on fast-growing UK businesses, reported a gross return on capital employed of 8.2 per cent. British Patient Capital said that it had already become …

UK Growth Companies Set To Smash Fundraising Records

Britain’s scale-up businesses are on course to raise record amounts of funding this year, having almost eclipsed the all-time highs achieved in 2018 during the first nine months of 2019 alone. UK Growth Companies Set To Smash Fundraising Records. Figures published today by the accountant KPMG and the market research group Pitchfork reveal that UK …

Nearly half of UK venture capital firms still don’t prioritise diversity

The UK’s venture capital firms are still behind on implementing diversity and inclusion policies, despite ramping awareness of the issue across the industry. Nearly half of UK venture capital firms still don’t prioritise diversity. The findings come in Diversity VC’s latest report, titled ‘Venturing into Diversity and Inclusion 2019’, which is supported by Capital Enterprise, …

The rise of venture philanthropy

Venture philanthropists are guided by one simple principle: get useful treatments into the hands of patients, and make money doing it. In LifeArc’s case, those returns come from the stakes it holds in the companies it invests in, and sharing the royalties of successful treatments. These returns are then reinvested back into other potential treatments, …

London-based VC launches €100M fund

Almost fifteen years back, the video games sector was popular while Esports was underground and Digital Sports tracking was something that only elite athletes could access. Now, there three billions of gamers across the world, 500 million sports monitoring smartwatches and trackers, and 600 million game stream fans. As Game, Esports, and Digital Sports are …

Record levels of capital are flowing to European start-ups

The value of venture capital financing injected by strategics and financial investors into European start-ups and scale-ups has reached its highest level ever. According to a new report by KPMG, at the end of the third quarter of 2019, year-to-date venture capital investment in Europe stood at $28.1 billion. In comparison, in 2018 venture capital investment …

Tech firms still seeking venture capital in UK despite high-profile flops

In a wood-panelled auditorium in central London, a procession of entrepreneurs are explaining to more than 100 investors how they will change the world. They just need a few million pounds first. One promises to solve hair loss with a gadget in a cap; another will make fabric out of CO2: all come armed with …

Europe’s most influential women in Venture Capital

Since women are still heavily underrepresented in the startup world, it’s about time to shed some light on all those amazing female entrepreneurs and investors from across Europe! Today, especially since it’s Ada Lovelace Day, we’re excited to publish the 2019 edition of our annual overview regarding Europe’s most influential women in the startup / VC world. In total …

Leading Canadian high-growth SMEs announced for FinTech Mission to the UK

The UK’s Department for International Trade (DIT) is pleased to announce 12 high-growth Canadian FinTech companies from across 5 major Canadian cities chosen to participate in a trade mission to the UK – 21- 25 October 2019. These leading companies have collectively raised over half a billion in venture capital and are well positioned for …

City of London are to travel to the US in a bid to boost transatlantic ties

Representatives from the City of London are to travel to the US in a bid to boost transatlantic ties for the finance sector post-Brexit. City of London Corporation policy chair Catherine McGuinness and Lord Mayor Peter Estlin will visit New York on Monday to meet senior figures from the banking and finance industry. The pair …