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

5 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

5 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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Broadcom plays hard to get as it, er, slashes Qualcomm takeover bid

Broadcom plays hard to get as it, er, slashes Qualcomm takeover bid

Firm cuts offer by $4bn following Qualcomm's increased NXP bid Read more ...

Netflix dévoile un trailer et une date pour le remake de Perdus dans l'espace

Netflix dévoile un trailer et une date pour le remake de Perdus dans l'espace

Rendez-vous le 13 avril prochain sur Netflix pour voir si Toby Stephens tiendra aussi bien la barre de la série Perdus dans l'espace qu'il ne l'a fait dans Black Sails. Read more ...

Cat S61 hands-on review

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LG K10, K8 2018 phones put the focus on photos

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LG may have said it's tempering its smartphone frenzy, unlike Samsung, but that seems to only apply to its higher end phones. In addition to the LG V30 (2018), it will also be... Read more ...

Walmart launches a new home shopping site for furniture and home décor

Walmart launches a new home shopping site for furniture and home décor

Following a slowdown in e-commerce sales over the holidays, Walmart today is readying a new strategy to attract online shoppers with an increased focus on home goods. The... Read more ...

BLU VIVO X brings four cameras to the mid-range table

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Two heads are better than one, as they say, but why stop there? That is the line of thinking that BLU is citing for its latest VIVO X smartphone. And it isn't referring to the... Read more ...

Amid controversy over Intel CEO's stock sale, SEC warns executives about...

Amid controversy over Intel CEO's stock sale, SEC warns executives about trading shares before disclosing security breaches

The Securities and Exchange Commission issued new guidelines on Wednesday for public companies regarding their duties concerning the disclosure of security breaches and... Read more ...

Qualcomm reveals Snapdragon 845 Mobile VR headset reference design

Qualcomm reveals Snapdragon 845 Mobile VR headset reference design

VR may be niche but the big tech firms aren't letting it go Read more ...

Former Google employee files lawsuit alleging the company fired him over...

Former Google employee files lawsuit alleging the company fired him over pro-diversity posts

A former Google engineer is suing the company for discrimination, harassment, retaliation, and wrongful termination, according to court documents filed today. Tim Chevalier, a... Read more ...

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