The pandemic tested the resiliency of the global supply chain across nearly every industry. This stress test forced companies and industries to evaluate their supply chain risk and operations to mitigate the possibility of continued disruptions. None more so than the healthcare industry, which faced shortages of PPE and critical equipment at the early onset of the pandemic. Vamstar is a global procurement and sourcing platform for the healthcare industry that automates the manual processes needed in order for buyers and suppliers to transact. The platform also provides real-time visibility into the healthcare supply chain for healthcare institutions to minimize the risk of future shortages. Digitizing the procurement process introduces transparency and efficiencies allowing buyers truly achieve value-based healthcare and unlocking new sales opportunities for suppliers with both parties now able to transact confidently. By leveraging machine learning and natural language processing, Vamstar is able to connect the correct parties to the most relevant opportunities, eliminating the arduous manual procurement process. London TechWatch caught up with Vamstar CEO and Cofounder Praful Mehta to learn more about the business, the company’s strategic plans, latest round of funding, which brings the total funding raised to $11.4M, and much, much more…
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#Londontech Week in Review: 12/6/22-18/6/22
8 new fundings totaling £126M+ in deal activity for London startups for the week. London Tech News for the week ending 18/6 featuring news for Mast, ClauseMatch, Sknups, and much, much more.
The European Tech Weekly Notable Startup Funding Report 20/6/22
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 18/6/22 featuring funding details for Proximie, Upvest, Cara Care, and eight other European deals representing £468M+ in new funding that you absolutely need to know about.
#Londontech Week in Review: 6/5/22-11/6/22
10 new fundings totaling £444M+ in deal activity for London startups for the week. London Tech News for the week ending 11/6 featuring news for Multiverse, Bud, Papercup, and much, much more.
The European Tech Weekly Notable Startup Funding Report 13/6/22
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 11/6/22 featuring funding details for Euler, Mila, Peptone, and nine other European deals representing £584M+ in new funding that you absolutely need to know about.
Codat Raises $100M to Empower Financial Institutions and Fintech Innovators to Deliver Better Capabilities and Customer Experience by Integrating Small Business Data Seamlessly
Open Banking has represented a monumental shift that is going to define the future of fintech. It allows banking institutions to provide better customer service and support to their customers and improve retention by embedding themselves into a customer’s banking workflows. For third parties like developers, it enables them to penetrate the walled garden that legacy banking institutions have historically enjoyed, allowing them to incorporate data to create innovative solutions across the financial spectrum whether it be for accounting, lending, or other use cases. The possibilities are endless. Most of the attention in the open finance paradigm has been focused on consumer and retail banking solutions. Codat is focused on the needs of small business and small business data, enabling fintech companies and banking institutions to develop specific solutions to serve their SMBS customers through its networked data APIs. The platform can connect with and integrate data from the most popular financial, SaaS, accounting, and commerce platforms like Netsuite, Quickbooks, Xero, Paypal, Stripe Shopify, Clover, WooCommerce, and Sage to name a few, making it a truly universal platform. As established banking providers and neobanks are all looking to expand their banking ecosystems and extend their reach horizontally, Codat represents the solution to do so without having to worry about individualized integrations and custom buildouts, especially considering that small businesses on average use 75 apps and these apps rarely communicate with one another natively. Codat’s interoperability capabilities drive its 200+ customers like Brex, Plaid, and Pie to offer more capabilities to customers and an improved, seamless experience through a growing number of integrations. London TechWatch caught up with Codat CEO and Cofounder Peter Lord to learn more about the business, the company’s strategic plans, latest round of funding, which brings the total funding raised to $170M, and much, much more…
#Londontech Week in Review: 29/5/22-4/6/22
10 new fundings totaling £80M+ in deal activity for London startups for the week. London Tech News for the week ending 4/6 featuring news for Merge, kroo, dRisk, and much, much more.
The European Tech Weekly Notable Startup Funding Report 6/6/22
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 4/6/22 featuring funding details for Peerby, Upway, Kryptomon, and twelve other European deals representing £810M+ in new funding that you absolutely need to know about.
The May 2022 London Venture Capital Funding Report
Over £1.0B in new funding across 72 new deals for May; 4 mega ($100M+) deals. Read the full report of what happened in the funding landscape for London in May.
These 7 London Startups Raised the Most Capital in May 2022
Everything you need to need to know about the largest London startup funding rounds of May 2022; broken down by industry, stage, investors, and more…