Tag: London
6 investors and founders forecast hockey-stick growth for Edinburgh’s startup scene
Scotland is slowly but surely drawing attention in the UK’s startup space. In 2020, Scottish startups collectively raised £345 million, according to Tech Nation, and with nearly 2,500 startups, it has the highest number of budding tech companies outside London. Venture capital fundraises are also consistently on the rise every…
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Dott, Lime and Tier selected for London e-scooter trial
Transport for London and London Councils have announced Dott, Lime and Tier Mobility as the winners of its prized e-scooter pilot, confirming last month’s suspicions based on job postings by the companies. Last year, the government legalized e-scooter rental trials by local authorities, although private e-scooter riding is still illegal. This…
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Job postings hint at winners of NYC and London e-scooter pilots
A batch of job listings along with some Twitter whisperings suggests that scooter companies such as Lime and Superpedestrian are gearing up to operate in London and New York City — two of the last remaining frontiers of shared-scooter services. A review of job listings, company websites and LinkedIn shows…
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Airtel Africa receives $100M for its mobile money business from Mastercard
Two weeks ago, TPG’s Rise Fund invested $200 million in Airtel Mobile Commerce BV (AMC BV) — the mobile money business of telecom Airtel Africa. After closing the deal, the Bharti Airtel subsidiary noted that it was still in discussions to sell additional minority stake (25% of the issued share…
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Credit-and-collect fintech start-up Diem raises $5.5M Seed led by Fasanara Capital
Diem, a London, UK-based fintech start-up has raised a seed round of $5.5 million led by Fasanara Capital, and Angel investor Chris Adelsbach, founder of Outrun Ventures. Additional investors include Andrea Molteni (early investor in Farfetch), Ben Demiri (co-chairman at fashion tech PlatformE) and Nicholas Kirkwood (founder of the eponymous…
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Amazon UK’s first checkout-free Fresh grocery store opens in London
Amazon has opened its first checkout-free store outside of the US, a Fresh store powered by the "Just Walk Out" tech used in US Go stores. The shop, located in the West London borough of Ealing, offers Brits the same automated shopping expe… Source
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