Category: TC
London’s Angel CoFund boosts its team and board with two key hires
London’s tech scene is playing musical chairs. In people news from the investors scene, the UK’s Angel CoFund (ACF) has now made two key appointments to the team and board. Former ACF Chairman George Whitehead moves to the position of Partner. Alliott Cole, the current CEO of Octopus Ventures, joins…
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Streaming accounts for nearly one-fifth of total U.S. TV watching, according to Nielsen
Streaming eats up a big chunk of viewers’ time, though it’s still outweighed by traditional linear TV. That’s according to the latest Total Audience Report from Nielsen — its first Total Audience Report to use smart TV data from Gracenote, and one that’s particularly focused on “the flash point of…
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Middle East healthcare platform Vezeeta raises $40M Series D led by Gulf Capital
Vezeeta, a healthcare platform operating in the Middle East and Africa, has raised a $40 Million Series D funding round led by UAE-based Gulf Capital, alongside further investment from existing Riyadh-based investor Saudi Technology Ventures (STV), which previously led Vezeeta’s Series C round in September 2018. Vezeeta’s other investors include…
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Oxx, a new European VC dedicated to SaaS, raises $133M fund
Oxx, a relatively new European venture capital firm founded by Richard Anton and Mikael Johnsson, has raised $133 million to back “Europe’s most promising SaaS companies” at Series A and beyond. Headquartered in London and Stockholm, the VC is pitching itself as a dedicated SaaS-focussed fund, and will invest broadly…
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Judge rejects Uber and Postmates’ request for an injunction against California’s gig worker law
A U.S District court judge has rejected Uber and Postmates’ request for a preliminary injunction against a California bill mandating how independent contractors are classified. The request was made as part of lawsuit filed by the companies, along with two ride-sharing drivers, at the end of December. The lawsuit is…
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Revolut uses ‘open banking’ to let you aggregate other bank account data within its app
Revolut, the European banking and money transfer app that now claims over 10 million customers, has partnered with open banking API provider TrueLayer to add bank account aggregation features to its app. The new functionality means that Revolut’s U.K. customers — both consumer and business — can now connect their…
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