The European Tech Weekly Notable Startup Funding Report takes on a trip across various ecosystems in Europe, highlighting some of the notable funding activity in the various markets that we track. The notable European Tech startup fundings for the week ending 23/7/22 featuring funding details for MMI, Brill Power, Fonoa, and ten other European deals representing £656M in new funding that you absolutely need to know about.
Funding
The London TechWatch Startup Daily Funding Report: 21/7/2022
The latest venture capital, seed, pre-seed, and angel deals for London startups for 21/7/2022 featuring funding details for Residently and much more.
Push Security Raises $4M to Protect Corporate SaaS Usage with a User-Centric Approach
The average company now uses 354 SaaS applications with enterprises averaging a whopping 364! Each of these apps introduces vulnerabilities across a company’s tech silo and companies have attempted to reduce exposure by implementing access management solutions like SSO (single sign-on). However, 80% of employees admit to using SaaS at work without prior approval, leaving the door open for unscrupulous attackers. The only defense has been completely blocking SaaS installs and in turn, limiting productivity. Push Security reimagines the corporate SaaS implementation by guiding monitoring employee usage and guiding them in real-time on how to minimize vulnerabilities for things like discouraging the use of a weak password or encouraging them to use multifactor authentication. By reducing the complexity of security management, organizations and employees can leverage the ever-increasing repository of SaaS apps without creating unnecessary risks. Employers also get a macro view of what apps are being used and what risks are present at any given time. Push is free to use for up to 10 employees and costs $5/employee per month beyond that. London TechWatch caught up with Push Security CEO and Cofounder Adam Bateman to learn more about the business, the company’s strategic plans, latest round of funding, and much, much more…
The London TechWatch Startup Daily Funding Report: 20/7/2022
The latest venture capital, seed, pre-seed, and angel deals for London startups for 20/7/2022 featuring funding details for Veremark, Passionfruit, and much more.
The London TechWatch Startup Daily Funding Report: 19/7/2022
The latest venture capital, seed, pre-seed, and angel deals for London startups for 19/7/2022 featuring funding details for Push Security and much more.
Pirkx Raise £3M for its Wellness Benefits Platform That Makes Wellness Accessible for the Masses
Over 80% of large companies offer wellness programs to their employees as non-wage compensation is growing in importance in an era where employees are re-evaluating their relationship with work. These programs are said to improve employee health, productivity, recruitment and retention while lowering healthcare costs. Pirkx is a self-service workplace wellness programme that can be integrated into any type of business to provide over 40 benefits. Businesses of any size can now offer their employees benefits that are on par with wellness benefits found at larger corporations. The benefits span across mental health, health, nutrition, lifelong education, and financial management as well as 24/7 GP access. The pricing for the services is only £4.50 per employee per month, making wellness accessible for the masses for the first time. London TechWatch caught up with pirkx CEO and Founder Stella Smith to learn more about the business, the company’s strategic plans, latest round of funding, which brings the total funding raised to £4M, and much, much more…
The London TechWatch Startup Daily Funding Report: 15/7/2022
The latest venture capital, seed, pre-seed, and angel deals for London startups for 15/7/2022 featuring funding details for Lilo and much more.
Vita Mojo Raises $30M for its Digital Ordering and Restaurant Management Platform
Bars and restaurants across the globe had to quickly adjust to safely serve diners during the pandemic. Emerging from this need was the increased use of digital technologies to reduce the number of touchpoints between servers and guests, leading to a redesign in payment and order processing. Vita Mojo is a digital ordering and restaurant management platform that empowers restaurant operators to take control of their operations with one seamless console. The platform is versatile enough to work with a vast array of establishments including quick service restaurants, cafes, coffee shops, corporate catering, ghost kitchens, pubs/bars, and fast casual locations. Powerful enough to power anything from kiosks to QR codes, digital menu customization, and ordering, Vita Mojo also handles the increasingly important and challenging task of managing online demand channels like delivery apps such as Uber Eats, Just Eat, and Deliveroo. On the business side, the platform is integrated with leading EPOS providers, review/feedback technologies, gift cards, data apps, and CRMs. Hospitality providers using the platform have seen a 35% increase in average order value and a decrease of 40% in labour costs. London TechWatch caught up with Vita Mojo CEO and Cofounder Nick Popovici to learn more about the business, the company’s strategic plans, latest round of funding, which brings the total funding raised to $34.1M, and much, much more…
The London TechWatch Startup Daily Funding Report: 14/7/2022
The latest venture capital, seed, pre-seed, and angel deals for London startups for 14/7/2022 featuring funding details for Lightyear, CLUB, and much more.
The London TechWatch Startup Daily Funding Report: 13/7/2022
4 deals and £44M in new funding including funding for a visual intelligence platform and a cross-border payments platform for Africa.