UK

UK innovation hub TrueStart raises $5M for European retail and consumer startups

London, UK-based innovation hub TrueStart raised $5 million in a seed funding round to invest in 20 retail and consumer startups in Europe every year and provide them with legal and recruitment support.

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UK idea management startup Wazoku lands £750K for product development

London, UK-based idea management startup Wazoku landed £750,000 in a venture funding led by Campbridge Angels and New Model Venture Capital to fund its product development and growth efforts.

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American media asset manager Dalet inks deal to acquire British video firm AmberFin

New York, US-based media asset management firm Dalet Digital Media Systems inked a deal to acquire Basingstoke, UK-based video transcoding firm AmberFin for an undisclosed amount.

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Apple acquires British voice recognition startup Novauris

US-based electronics giant Apple Inc acquired British automatic speech recognition startup Novauris Technologies for an undisclosed amount more than a year ago to gain traction over Google Now and Microsoft Cortana.

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British language learning startup Fluentify takes home $410K from angel investors

London, UK-based language learning startup Fluentify took home $410,000 in angel investment in a round led by former Barclays exec Stefano Marsaglia to beef up its workforce and service in Southern Europe.

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UK services marketplace Bizzby raises $10M from US hedge fund

Bizzby, a London, UK-based on-demand services marketplace for cleaners, plumbers, electricians, and other tradespeople, raised $10 million in funding from an undisclosed US-based hedge fund.

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UK-based content marketplace ScreenHits pockets $1.2M in angel funding

London, UK-based content marketplace ScreenHits pocketed $1.2 million in an angel round from Rory Fleming, Lord Reay, Flemming Lund, and other high net worth individuals to build its product and audience.

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Indonesia-born startup Project Shoe lets women customize shoes online

Indonesia-born and New York, US-based fashion startup Project Shoe lets women personally customize their shoes using its e-commerce platform and have the order shipped anywhere for free.

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California real-money gambling platform Gamblit takes home $12M in venture round

Glendale, US-based real-money gambling platform Gamblit Gaming took home $12 million in a venture round from private equity firm American Capital to fuel its platform development and future launches.

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Facebook launches Connectivity Lab to bring affordable Internet access to all

After helping 3 million people in the Philippines and Paraguay get access to the Internet, social media giant Facebook launched the Connectivity Lab to build drones and lasers that will help more people get affordable Internet access.

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Real estate startup Plentific launches to simplify home buying process in the UK

London-based real estate startup Plentific was launched to simplify the long and complicated process of buying a home in the UK by providing a one-stop shop for all the transactions needed to complete a deal.

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London news startup Oximity bags seed money from angel investors

London, UK-based user-generated news startup Oximity bagged an undisclosed amount of seed money from angel investors Ronnie Screwvala and K Ganesh to provide direct sources of global news in 180 languages.

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Spacious helps startups find suitable office space in London

London, UK-based commercial property marketplace Spacious helps startups find suitable office spaces in the area by providing them with a comprehensive list of available rental properties and an online contract.

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British gaming firm King prices shares at $22.50 for US IPO

London, UK-based gaming firm King priced its shares at $22.50 for its initial public offering (IPO) in New York, US, which values that company at over $7 billion.

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WPP Digital picks up majority stake in UK digital consultancy Cognifide

Dublin, Ireland-based global communications services firm WPP Digital picked up a majority stake in London, UK-based digital consultancy firm Cognifide for an undisclosed sum in a deal that will deliver mutual benefits to both companies.

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