Everything you need to need to know about the largest London startup funding rounds of May 2020; broken down by industry, stage, investors, and more…
Funded in London
Urban Jungle Raises £2.5M to Help a Generation of Renters Get Affordable Insurance
Relative to previous generations, millennials are much more reluctant to purchase any type of insurance, specifically home or rental insurance. One of the reasons for this is the perceived high cost versus value received. Urban Jungle changes that by providing flexible, monthly rental insurance subscriptions that are easy to buy and manage – all done […]
Fly Now Pay Later Raises £35M to Give Travelers 12-Month Flexible Payment Plans
The cost of your dream vacation can easily get expensive especially when you have to lay out all of the costs upfront. Fly Now Pay Later, just like the name suggests, offers flexible payment solutions that can allow you to spread out your travel costs over twelve months. CEO and Founder Jasper Dykes chats with us about the company’s impressive growth, expansion plans, and recent funding round, which brings the total funding raises to $77.4M.
Rotageek Raises £6M to Optimize Employee Shift Scheduling
This physician was frustrated with the difficulties in scheduling while working in the ERs of several London hospitals. Chris McCullough built Rotageek, an automated scheduling platform that leverages machine learning to optimize shifts, benefitting both employees and management. The headaches of scheduling are a thing of the past, thanks to Rotageek.
Lifebit Raises $7.5M to Process Big Data for Medical Research, Redefining Bioinformatics
It’s an unprecedented time to study genetics because technological advancements and the raw computational power available are helping scientists make sense of DNA in an unprecedented way. Lifebit CEO Dr. Maria Chatzou Dunford offers some insight on how her company’s platform allows researchers to analyse data faster than ever and extract actionable insights to develop better drugs, therapies, diagnostics, and products.
Snoop Raises £3.2M for its Hyper-Personalised and Community-Driven Money Savings App
Snoop is the fintech app that’s helping people save money by giving them tips, or “snoops”, like switching from your current energy supplier could lower your energy bar by x percent. Cofounder Scott Mowbray shares the details on how Snoop is saving users serious money.
These 10 London Startups Raised the Most Capital in April 2020
Blue Prism Raises £100M to Make Robotic Process Automation Accessible to the Enterprise
“In this new economic reality, automation has become a top business priority.” Digital transformation is not just a buzz phrase. Robotic Process Automation is allowing employees and companies to reclaim millions of hours by leveraging technology to transform how we think about and approach work. Blue Prism is at the intersection of this sweeping trend and its product offering makes integration of these nascent technologies seamless. Executive Chairman and CEO Jason Kingsdon shares some insight on the company and the future of how enterprises work…
Billon Group Raises $6M to Bring Enterprise-Level Blockchain Solutions Fit for Central Banks
Raising capital is never easy but it’s even harder for blockchain companies. These companies are commonly thought to be involved in cryptocurrency, which really isn’t the case for most blockchain startups. Learn more about how Billon Group’s technology is powering central banks and how it was able to successfully raise capital.
Zeigo Raises £800K for its Renewable Energy Marketplace Powered by AI
Renewable energy is one of the fastest-growing sources of energy in the world; with most major markets at least doubling over the last 15 years. Zeigo is the AI-powered renewable marketplace that allows corporations and suppliers to transact in the renewable energy market with full transparency and automation.
CEO and Cofounder Juan Pablo Cerda shares how the business came to fruition based on his experience working for the majors, how the renewable energy market is leveraging technology, and much, much more…