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Brent Hoberman has raised another $25 million for his European startup fund

2 monthes ago   |   By Business Insider

Firstminute Capital, the startup investment fund from Lastminute.com founder Brent Hoberman and former Goldman Sachs analyst Spencer Crawley, has raised another $25 million .
The money will be used to back startups across Europe, particularly those operating in industries like medtech, robotics, fintech, and artificial intelligence.
Firstminute Capital announced a first close of $60 million in June but a final close of $85 million was declared on Thursday.
New investors include Chinese tech giant Tencent, BlaBlaCar cofounder Frederic Mazella, Sir Paul Ruddock, who is the chair of the...
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Fintech DueDil lost £6.6 million last year as it chased growth - and the firm is raising more money

Fintech DueDil lost £6.6 million last year as it chased growth - and the firm is raising more money

2 monthes ago   |   By Business Insider

LONDON - Financial information startup DueDil lost £6.6 million last year on revenues of £2.2 million, new accounts show.
The startup has raised £900,000 through convertible loans so far this year and plans to raise a further £1.1 million using these loans for "working capital" until it raises more equity funding, accounts filed with Companies House this week show.
DueDil has raised $30 million to date from investors including Oak Investment Partners, Notion Capital, and Passion Capital.
The startup was in negative shareholder equity at the end of last year, with reserves down from £1...
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The best Black Friday 2017 games deals on Nintendo, PS4, Xbox, and PC

The best Black Friday 2017 games deals on Nintendo, PS4, Xbox, and PC

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Microsoft reveals its Xbox One Black Friday deals

Microsoft reveals its Xbox One Black Friday deals

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Le duo Nokia 5 et enceinte JBL Clip 2 à seulement 169 euros

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Everything from VPNs to stunt drones, here's TNW Deals Black Friday preview sale

Everything from VPNs to stunt drones, here's TNW Deals Black Friday preview sale

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Playground Games s'installe dans de nouveaux locaux et va développer un...

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Apple supplier Foxconn said it will stop using illegal intern labour to...

Apple supplier Foxconn said it will stop using illegal intern labour to assemble the iPhone X

Apple supplier Foxconn has admitted to using illegal intern labour to assemble the iPhone X. Students said they worked 11-hour days, which is a breach of Chinese labour... Read more ...

Gwent: la campagne solo a été repoussée à l'année prochaine

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Le studio polonais CD Projekt RED a annoncé via un communiqué de presse que la campagne solo de Gwent : The Witcher Card Game est officiellement reportée à 2018. Read more ...

Tesla completes the world's largest battery for Australian wind farm

Tesla completes the world's largest battery for Australian wind farm

Tesla has managed to deliver something on time, even if it \'s falling behind its projections for the Model 3 electric car: It has completed production of a massive battery... Read more ...

Surface Book 2 review: It's still super sleek, it's still super expensive

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The original Microsoft Surface Book was one heavyweight laptop-meets-2-in-1 that, ultimately, was designed for professionals seeking desktop-grade power in a portable form... Read more ...