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Insurtech startup By Miles, the UK’s first real-time pay-per-mile car insurance provider, has successfully raised £5m in a Series A funding round led by Octopus Ventures. By Miles is a UK startup that provides pay-as-you-drive car insurance to those who drive fewer than 7,000 miles a year. Drivers pay a small upfront sum for an annual policy and are then billed at the end of...
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Automotive fintech, AI and data company Cazana looks to drive the business further forward with a £1m crowd fundraise to support expansion into the US market. Cazana provides automotive insights for the future of vehicle ownership. Using big data and predictive analytics, Cazana analyses millions of automotive transactions daily to assess the value and risk associated with every v...
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Portugal-based EdTech startup Magikbee, who are on a mission to reimagine kids’ learning by using the childs own world to teach in a fun and engaging way, secures a further $250,000 round of funding, that will help the company to continue to develop its edtech portfolio. Aiming to reimagine screen time by creating an ecosystem that promotes active fun and learning, over the past two years, ...
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Perlego - billed as the 'Spotify for textbooks' - recently closed a $4.8m (£3.7) venture round, signalling a new chapter in it's mission to grow the company across the UK and Europe. Leading the round is ADV, with participation from existing angel investors, including Simon Franks, co-founder of Lovefilm, Peter Hinssen and Alex Chesterman, founder of Zoopla. Founded by Gauthier Van Mal...
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Newcastle and North-East Engand based startups take note - here's the lowdown on the startup support and help available where you are... Away from the established startup hubs like London, the support for setting up a business isn’t always so clear. It’s not a lack of support, just a quieter ecosystem that takes a little more work to unearth. We want to help with this by highlighting ...
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Workspace accelerator Huckletree has launched Fairer Funding Now, a campaign calling for greater diversity among startup leaders receiving investment, after a study revealed the extent of discrimination in the funding process, with almost half of startup leaders in the UK and Ireland having experienced or known someone who has faced discrimination while seeking funding. The Huckletree survey...
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John McGuckian, Partner at Tughans Solicitors, chatted to Startacus at this year's Digital DNA about the support Tughans can offer startups, what they look for in investable tech startups and the NI & Belfast tech startup scene. Tughans Solicitors have evolved over the past 100 years into one of the largest as well as a leading commercial law firm in Northern Ireland - and further afield in t...
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The lowdown on equity crowdfunding and some common misconceptions care of upSTART 2018 Major Sponsors, Seedrs.  "Equity crowdfunding can often be a shrewd way to fund a business. Yet there are certain misconceptions that could lead to an entrepreneur mistakenly discounting it as a viable funding option: 1. A capital injection is the sole benefit from equity crowdfunding Not so. Although fu...
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Job search engine, Adzuna last Friday announced that it had raised £8m from Smedvig Capital. The Series C funding round sees Smedvig join backers Index Ventures, Passion Capital, LocalGlobe and over 400 Crowdcube investors and takes the company’s total funding to £12m. Founded in 2011 by the team behind Gumtree, Zoopla and Qype, Adzuna has also launched Find a job this week...
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iContract, the online platform connecting contractors with recruiters, closed its latest round of investment a couple of weeks back - after successfully raising over £800,000. With a pre-money valuation of £3,000,000, the campaign attracted direct investment from long-term strategic investors, as well as 200+ small-sized investors from its own community via the crowdfund platform Seed...
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