UK the place for Tech investment as investors plough over £9bn into British tech businesses in 2019

UK the place for Tech investment as investors plough over £9bn into British tech businesses in 2019

The UK has pulled well ahead of its closest rivals Germany and France as a tech investment magnet, despite ongoing Brexit uncertainty. Investment in UK technology companies rose by nearly 50pc in 2019 to reach $11.12bn (£9.4bn) compared with $7.52bn last year.  This is more than double the amount invested in Britain’s two closest rivals, Germany and France, which raked in $5.9bn and $4.87bn respectively.London continues to be the number one tech hub in Europe in terms of investment, followed by Berlin and then Paris.  The capital is home to more

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Balderton Closes new $400M Early Stage European focused Venture Capital Fund

Balderton Closes new $400M Early Stage European focused Venture Capital Fund

Balderton, the London based venture capital firm, has closed a new $400M early stage fund which will be deployed into outstanding European founders looking for Series A investments. The new fund will be managed by an investment team of 15 working as a single team across Europe, with permanent staff members based in both Paris and Berlin to help build close relationships with entrepreneurs, seed funds and accelerators and to provide ongoing support to portfolio companies on the ground. Portfolio companies will also have access to Balderton’s Build platform that

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Yieldify Raises $6M in Funding

Yieldify Raises $6M in Funding

Yieldify, a London, UK-based marketing experience company, raised $6m in its second funding round. The round was led by Binomial Ventures with participation from John Giuliani, CEO of digital marketing leader Conversant, who has also joined the Yieldify board as Chairman, Tom Singh, founder of fashion chain New Look, and existing investors GV (formerly Google Ventures), SoftBank Capital, Hoxton Ventures and Data Point Capital. The company intends to use the funds to continue to scale in the e-commerce market. Launched in 2013 and led by Jay Radia, Chief Executive Officer,

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Barclays Opens FinTech Site in Tech City London

Barclays Opens FinTech Site in Tech City London

Barclays has opened its flagship FinTech open innovation site, Rise London, in Shoreditch. Rise is Barclays’ programme which aims to combine a curated community of FinTech startups , corporate clients and other experts from across the world, to work on Barclays’ customer and business opportunities and to shape innovative financial services.  At Rise, Barclays co-creates new products, services and platforms along with startups and corporates, investors and industry experts across seven sites internationally in New York, Manchester, Mumbai, Cape Town, Vilnius, London and Tel Aviv. In each location, the banking

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VC investment in German FinTech ‘outpaced UK by 80%’ in Q2 2016

UK-based FinTech firms received 80% less VC funding than their German counterparts throughout Q2 2016. According to CB Insights and KMPG’s “The Pulse of FinTech” Q2 2016 report, venture capital-backed FinTech firms in Germany saw more than an 80% increase in funding than those in the UK – with notable deals going to startups including N26 and Finanzcheck. Given global market uncertainties associated with political events such as the UK’s Brexit vote and the upcoming US presidential election, the report notes that it was not surprising that venture capital investors

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