Furniturebox has secured £1m in funding from Barclays to accelerate product innovation, strengthen its supply chain and support job creation following rapid UK and US growth. The Chippenham-based online furniture retailer now employs more than 80 staff.
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AI accelerating growth in UK climate tech start-ups as adoption rate doubles national average
New research from Sustainable Ventures finds AI adoption among UK climate tech start-ups is nearly twice the national average, with investment in AI-driven ventures surging as hardware innovators risk being left behind.
Munro EV secures £2m to scale electric 4×4 production for mining, defence and construction sectors
Glasgow-based manufacturer to expand production and create up to 300 jobs amid growing demand for zero-emission off-road vehicles
Saudi Arabia’s $55bn EA takeover cements its global gaming ambitions
Saudi Arabia has moved to become a global gaming powerhouse after its $55bn acquisition of Electronic Arts, giving Crown Prince Mohammed bin Salman control over blockbuster titles such as FIFA, Battlefield and The Sims.
Healsgood AI raises £2.5m to scale NHS cost-saving platform Flexzo AI, bringing seed funding to £5m
Healsgood AI, trading as Flexzo AI, secures £2.5m from Octopus Ventures to accelerate NHS roll-out of its workforce management platform, taking total seed funding to £5m in 12 months.
Currys’ closure of ESG committee sparks debate on UK corporate governance priorities
Currys has scrapped its board-level ESG committee, raising concerns among governance experts that the move could send the wrong signal as UK sustainability rules tighten and investor scrutiny grows.
Jellycat to pay £110m dividend as profits more than double on global plush toy craze
Soft toy brand Jellycat will pay £110m to its owners after pre-tax profits more than doubled to £139m in 2024, driven by viral popularity, global demand and experiential retail.
Nivoda secures $60m financing facility to ease jewellery retailers’ working capital crunch
Diamond and gemstone marketplace Nivoda has secured a $60m facility from i80 Group to offer embedded trade credit to 10,000+ jewellery retailers, tackling a long-standing industry liquidity gap.
Spotify founder Daniel Ek to step back as CEO, handing reins to co-leaders
Spotify founder Daniel Ek will step back from day-to-day leadership in January to become executive chairman, as Gustav Soderstrom and Alex Norstrom take over as co-CEOs.
British Business Bank backs Notion Capital with €20m for new €114m growth fund
The British Business Bank commits €20m to Notion Capital’s €114m Opportunities III fund, supporting UK and European software and fintech scaleups at the growth stage.
SeaWarm raises £550,000 to deliver renewable heating and cut emissions by 90% in Scotland’s coastal communities
University of Edinburgh spinout SeaWarm secures £550,000 to scale its modular water-source heating technology, aiming to slash CO₂ emissions by up to 90% and reduce fuel poverty across Scotland.
Growth Lending launches £150m push into UK healthcare
Growth Lending has unveiled a £150 million strategy to support the expansion of healthcare and social care providers across the UK, pledging to deliver flexible capital to a sector grappling with rising demand and tight access to finance.
Willo raises £3M to launch ‘blue tick’ verification for job candidates amid AI hiring surge
Cybersecurity legend Peter Bauer backs Glasgow recruitment platform in record investment round
Revolut commits £3bn UK investment, creating 1,000 jobs in major fintech expansion
Revolut has pledged a £3bn UK investment over five years, creating 1,000 jobs and expanding its London HQ. Chancellor Rachel Reeves hailed the move as a vote of confidence in Britain’s financial sector.
Nvidia to invest $100bn in OpenAI, cementing landmark AI partnership
Nvidia will invest up to $100bn in OpenAI and supply its data centre chips from 2026, in a landmark partnership between two of the world’s AI leaders.