Spotify backer Northzone secures $500m November 18, 2019 Early Spotify investor Northzone has today announced its ninth fund at $500m (£387.5m), which it said was raised at “record speed”. The oversubscribed pot attracted both new and existing investors, as a result of increasing interest in European early-stage startups. It takes the total amount raised by the Swedish venture capital giant to €1.5bn (£1.3bn). [...]
Gousto to create 700 jobs as recipe box firm turns to tech October 1, 2019 Recipe box specialist Gousto has revealed plans to create more than 700 jobs in the UK as it doubles down on its technology offering. Read more: Recipe box startup Gousto secures £30m funding The London-headquartered firm said most of the hires will be based in its tech team, with new positions created in data science, [...]
London should double down in its commitment to arriving Hongkongers February 12, 2021 London has a global responsibility to stand up for Hong Kong – for the autonomy of its people
Biden dashes hopes of quick post-Brexit trade deal with UK during Johnson visit September 22, 2021 US President Joe Biden last night downplayed prospects of brokering a post-Brexit trade deal with Boris Johnson, as ministers resorted to considering downgrading their efforts to join an existing pact. Meeting the Prime Minister in the White House, the US President issued a fresh warning for the UK not to damage the peace process in [...]
City Moves for 21 August – Who’s switching jobs at 4C, Notonthehighstreet and Trustpilot? August 21, 2019 Today’s City Moves includes 4C, Notonthehighstreet and Trustpilot. 4C Global data science and marketing technology company 4C has announced that Lisa Mogensen has been appointed as the company’s chief financial officer (CFO). Lisa is overseeing the company’s financial planning and reporting, legal, accounting, tax and treasury functions. Brent Dobsch, who had been handling those duties [...]
Daily-Mail backed laundry app set to merge with German rival April 2, 2019 A British online dry cleaner is set to merge with its Berlin-based rival Zipjet as the two firms bid for domination in London. Laudrapp has agreed to pay just over £17.5m for the German company which has operations in London, Berlin and Paris, Sky News reported. Read more: Deutsche Bank denies reports it could raise [...]
City Moves for 29 April 2019 – Who’s switching jobs at Hambro Perks, Cushman & Wakefield and Relendex? April 29, 2019 Today's City Moves includes Hambro Perks, Cushman & Wakefield and Relendex. Hambro Perks The London-based venture firm, Hambro Perks, has announced the appointment of Svenja Grundmann as investment associate. Svenja Grundmann has joined the company to work alongside portfolio manager Jemma Bruton and Richard Tufft, venture partner and co-head, in building out the Access Fund. [...]
Tech Weekly: Tech Nation CEO on UK fintech success, and Klarna focus on profits May 27, 2022 Today City A.M. reporter Charlie Conchie talks to Tech Nation CEO Gerard Grech for a chat about the company’s Impact Report, which assesses how it has helped shape leading tech firms. They also discuss the UK’s place as a fintech hub, and the potential slowdown of VC investment in fintech later this year. He also [...]
HelloFresh IPO: Meal kit firm wants a €1.5bn valuation October 23, 2017 Cookery kit maker HelloFresh is hoping to raise up to €357m (£318m) when it floats on the stock market, implying a valuation of €1.5bn. The German food firm, the majority of which is owned by e-commerce investor Rocket Internet, plans to sell as many as 31m new shares within a price range of €9 – [...]
Crowdfunding round on Seedrs launches for London’s latest meal delivery startup Independence Market, to rival Hello Fresh and Blue Apron November 27, 2017 Today sees the launch of London’s latest meal delivery startup, Independence Market, on crowdfunding platform Seedrs. But this business – described by its founder as “Amazon meets Avon” – is not just another Hello Fresh, Blue Apron or Graze replicant. With Independence Market, Rob Hocking – a teaching fellow at Oxford University’s Said Business School, [...]