How Brentford play the transfer market to overachieve in the Championship and turn a profit August 28, 2018 Outside of Staffordshire and west London, Ryan Woods’s move from Brentford to Stoke City on Saturday didn’t cause much of a stir. Here was a talented central midfielder swapping one Championship side for another on loan, with the 24-year-old set to sign for a fee in the region of £7m in January once the transfer [...]
Why the UK tech sector needs IPOs June 11, 2018 The decision for a startup to move to an initial public offering (IPO) is not an easy or quick one to make – it requires careful planning and execution. Launching on the stock market should not be over-estimated either. Anyone who has built a business capable of listing should not find the process any more [...]
UK artificial intelligence startup FiveAI lands £14m series B from Lakestar Capital, an early Facebook and Spotify backer September 6, 2017 The venture fund set up by an early backer of Facebook, Spotify and Skype has invested millions in a UK artificial intelligence startup that is planning on getting driverless cars on the road. Lakestar Capital has led the £14m series B round into FiveAI, the company working with Mclaren technologies and Transport for London on [...]
Startup tackling fake news with artificial intelligence Factmata nets funding to expand March 8, 2018 A startup using artificial intelligence (AI) to tackle the proliferation of fake news and extremist content online will expand after closing a $1m (£720,000) seed funding round that attracted major US backers. London-based Factmata’s funding round was led by tech entrepreneur Mark Cuban, but also attracted high-profile investors such as Twitter co-founder Biz Stone, internet [...]
City veteran Michael Spencer invests millions into a biometric fintech startup June 29, 2018 Founder of NEX Group and serial entrepreneur Michael Spencer has led a $16.5m series B fundraising round into a biometric fintech startup called Veridium. A leader in user authentication through biometric technology like fingerprint and face scanning, Veridium's round was accompanied by additional investment from Citrix Systems and financial services investor Michael Powell. "In today’s [...]
FTSE 100 round up: Smurfit Kappa, Kingfisher, Whitbread, BT Group and Mediclinic among biggest risers May 25, 2018 The FTSE 100 closed up 20 points today on 7,737 after a late rally. That marked a slight fall on last week when the market closed on 7,778 points. The biggest risers were paper giant Smurfit Kappa, Telecoms company BT, B&Q owner Kingfisher, hospitality company Whitbread and hospital group Mediclinic, which all added at least [...]
Billionaires buy Bitcoin November 18, 2020 We are seeing an almighty squeeze in the Bitcoin price. There is a tsunami of buying power up against reluctant sellers. These buyers are putting real money behind Bitcoin, not the old dribs and drabs normally seen from retail investors. The world’s billionaires are scrambling aboard and the numbers prove it. In 2017, there was [...]
City tycoon Alan Howard joins multi-million dollar round for AI tech startup Quant Insight July 5, 2018 Hedge fund tycoon and City veteran Alan Howard has backed a series B investment round into London macro analytics startup Quant Insight (QI). Additional backing came from Stone Milliner Asset Management’s Jens-Peter Stein, in a round understood by City A.M. to hold a multi-million dollar valuation. QI also said that over 80 per cent of [...]
Day in the life: Volvo Ocean Race technology chief Jordi Neves June 28, 2018 The technology chief for the Volvo Ocean Race, which finishes this week, describes how he overcomes the challenges the sailing event throws up. The Volvo Ocean Race is the longest, toughest sailing event in the world and, with 85 per cent of the 45,000-nautical mile race taking place in the middle of nowhere, there are [...]
Revealed: The huge challenge facing Christian Wade as he goes Stateside to join the NFL’s International Player Pathway Programme November 20, 2018 Christian Wade has established himself among the all-time greats in Premiership history when it comes to try-scoring, but he now faces the biggest challenge yet of his sporting career as he attempts to reinvent himself as an NFL star. The former Wasps wing this month embarked on the challenge of breaking into American football, starting [...]