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Tyk: $35M investment to revolutionise software delivery for enterprises

Tyk, a London-based global tech company, today announced it has closed a $35M growth equity funding round led by new investors Scottish Equity Partners (SEP), alongside existing investors MMC Ventures. Tyk’s innovative API management solution helps to build mission-critical systems in highly regulated industries such as financial services, healthcare, and government. It is used by […]

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Why investments in fintechs are reduced

After a decade, in which at least 1,000 startups were launched and raised more than 11 billion dollars, the British fintech scene is starting to mature, with investments in early stages slowing down and the number of companies set up falling. Investors are now betting on established players who are expected to rise, according to […]

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The online re-commerce platform Carousell became a unicorn

The ad platform for second-hand and new items for sale, Carousell announced that it has raised 100 million dollars. The new fundings came after an investment round led by South Korean company VC, STIC Investments. Carousell’s investors also include Sequoia Capital India, Golden Gate Ventures as well as South Korean technology company Naver, creator of […]

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UK government invests in 158 startups

The UK government now holds stakes in 158 startups after converting a series of taxpayer-funded loans into shares. These loans were financed by taxpayers and according to what the state-owned British Business Bank announced, many companies have benefited from the funds they received. The ticket sales app for concerts Dice FM, the soft drinks brand […]

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OVHcloud and SETsquared collaborate to support startups

OVHcloud announced its partnership with SETsquared, the world’s leading university business incubator, to offer its cloud solutions and Startup Program benefits to their member startups. OVHcloud’s global Startup Program has been running since 2015 and received 7,000 applications from new businesses worldwide. Over 2,000 have been assisted to date, with more than £5m in cloud […]

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