AI health firm Healx bags $56m funding as it looks to fast track rare disease treatments October 16, 2019 Health tech firm Healx has secured $56m (£44m) in a Series B funding round as it looks to launch a new accelerator programme to find treatments for rare diseases. The Cambridge-based company said it raised the funds from European venture capital giant Atomico, Global Brain and Btov Partners, as well as its existing investors. Read [...]
London VC 4BIO raises first tranche of new $150m advanced therapies fund September 9, 2019 London-based venture capital firm 4BIO has completed the first round of fundraising for a new fund focused on the advanced therapies sector, which uses stem cells, genes and tissues to treat chronic medical conditions. 4BIO said the first tranche had attracted over $50m (£40.4m) of capital. The firm is hoping to raise $150m of capital [...]
Meet Par Hedberg – the godfather of Sweden’s tech startups August 27, 2019 If you were asked where the most tech innovation comes from, you’d probably answer Silicon Valley – the home of Google, Amazon and Facebook. And you’d be right. But what you might not know is that Stockholm is a close second. The Swedish capital produces more billion-dollar companies per capita than any other region in [...]
Owlet and the appeal of wearable tech for babies August 12, 2019 Wellbeing is a big business. Technology can now closely track our personal health, with apps and devices to monitor how many steps we take, what calories we’ve eaten, our blood pressure, and even how well we sleep. Fitbits and other wearable gadgets have also exploded in popularity with health-conscious consumers. Is there a limit to [...]
Slacking and napping at work could lead to business success July 3, 2019 Want a killer app for making your company more innovative? Look no further than to your nearest nursery school. Here, the staff are trained to ensure that their young clients utilise a key innovation technique – the midday nap. As odd as this may seem, something similar may be just the thing to kickstart your [...]
Calling the data doctor: How Chronomics wants to educate you about your epigenetics June 27, 2019 How old are you? A simple enough question, you may think, but not for Dr Tom Stubbs, co-founder and chief executive of epigenetic testing company Chronomics. Epigenetics is (to quote the Chronomics website) the study of heritable phenotype changes that do not involve alteration in the DNA sequence. It’s essentially how environmental factors – from [...]
Business software M&A hits five-year high March 11, 2019 Business software merger and acquisition value hit a five-year high in 2018 driven by the rapid growth of technology firms. New research shows that enterprise software M&A was $182.2bn last year, and that a total of 629 deals were completed in the second half, up 35 per cent from a low of 465 deals in the [...]
Men’s wellness startup Hims lands in the City for its UK launch January 30, 2019 Men’s health startup Hims is making its first international leap across the pond, settling on London’s Liverpool Street for its UK launch. The startup, which specialises in subscription services for wellness products targeted towards men, has partnered with a unnamed national high street pharmacy chain to also support the dispatch of prescription medication. Read more: [...]
London startups take the lead in Tech Nation’s fourth Upscale accelerator January 25, 2019 City startups have landed more than two thirds of the places available on Tech Nation’s fourth Upscale acceleration programme, beating out over 100 applicants. The digital entrepreneur network, which also runs a fintech accelerator backed by the Treasury, has selected 30 startups as “ones to watch” in 2019. The fast-growing tech firms will enter the programme’s [...]
Company reveals a Braille e-reader to improve access to books for blind people January 14, 2019 A British company is set to launch an e-reader for blind people with the aim of making digital Braille books a practical alternative to their bulky print counterparts. Bristol Braille Technology spent six years developing the Canute 360, which it hopes will make Braille e-books “affordable, practical and enjoyable”. Read more: CES 2019: The world’s [...]