Tag: London

London HR software provider Zelt gains £5M to fuel expansion

London-based Human Capital Management (HCM) software provider Zelt has announced a £5 million funding round to support its expansion plans and the development of enhanced features for its customer base. The investment was led by Nauta, with participation from Venrex and Episode 1. Founded in 2020 by Chris Priebe and Polina Vorms, Zelt offers a […]

Cloud accounting platform iplicit secures £25M investment

London’s iplicit, the cloud accounting software provider for businesses beyond entry-level systems, has announced a £25 million investment from tech growth investor One Peak. This marks iplicit’s first external institutional funding round and will be used to accelerate product development and fuel the company’s rapid expansion. Founded in 2019, iplicit has experienced significant growth, serving […]

London-based AI security startup Mindgard secures £6.5M in funding

Mindgard, a London-based DeepTech startup specialising in security for AI, has raised £6.5 million in funding to fuel its expansion into the United States. The Lancaster University spinout has also appointed two industry leaders to key roles: Dave Ganly as Head of Product and Fergal Glynn as VP of Marketing. .406 Ventures led the funding […]

Registration opens for Tech Show London 2025

Tech Show London has announced that registration for its 2025 edition is now open. Taking place on 12-13 March 2025 at ExCeL London, the award-winning event will once again bring together five co-located shows: Cloud & AI Infrastructure, DevOps Live, Cloud & Cyber Security Expo, Big Data & AI World, and Data Centre World. Over […]

AI investment to bolster expansion plans for London and SE

According to KPMG UK’s inaugural Private Enterprise Barometer, 88% of private business owners in London and the South East are confident of delivering growth in 2025, bolstered by their plans to invest in technology such as AI. The new poll, which surveyed 1,500 private business owners across the UK, including more than 250 in the […]

London DEX firm 1E acquired by TeamViewer for £566M

TeamViewer, a provider of remote connectivity and digital workplace solutions, has acquired London-based Digital Employee Experience (DEX) management tools provider, 1E. TeamViewer has signed an agreement with Carlyle Europe Technology Partners to buy 1E at an enterprise value of £566 million on a cash-free, debt-free basis. This acquisition positions TeamViewer as a strong player in […]

London’s OryxAlign acquires SDT Holdings to fuel South African growth

OryxAlign, a London-based managed IT services group, has announced the acquisition of SDT Holdings, encompassing its subsidiaries SDT Limited and Hosts Unlimited. The acquisition marks OryxAlign’s first foray into growth through acquisition, complementing its consistent organic expansion, and further solidifying its global presence alongside its existing operations in London, Manchester (UK), and the Philippines. The […]

FIGR Ventures backs fashion resale platform TRUSS

FIGR Ventures, a newly formed family office fund, has announced its inaugural investment in TRUSS, a London-based tech startup revolutionising fashion resale. Founded in 2022, TRUSS is tackling a critical challenge in the resale sector: product transparency. The company leverages AI to create comprehensive product profiles containing detailed information, enabling businesses to efficiently list items […]

Apple pledges £18bn investment in UK engineering teams

Apple has announced an investment of over £18 billion in the United Kingdom over the past five years, which saw the tech giant double its UK engineering workforce since 2019. Apple’s UK engineering teams, located in London, Cambridge and other regions, are spearheading the development of technologies such as the upcoming launch of Apple Intelligence […]