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London tech start-ups to watch in 2022: Screenloop, AudioMob and more
London’s biggest VCs and investors tell the Standard which of the brightest start-ups they are watching this year
Trustpilot CEO: ‘Everybody suspects everyone else is an a***hole’
The Dane is adjusting to live as a public company CEO after a blockbuster £1.1 billion London IPO last year — it’s a long way from his parents garage where he started the business in 2007
London fintech Checkout.com hits blockbuster $40 billion valuation
Checkout.com is now Europe’s second most valuable private startup and the third most valuable private fintech in the world after raising $1 billion
Mental health ‘coaching’ startup Sanctus raises £4.25 million
Sanctus was founded by James Routledge in 2016 after battling with his own mental health issues
Uber rival Bolt valued at £6 billion as it raises £524 million
Bolt has raised the fresh funds from Silicon Valley VC giant Sequoia Capital and retirement investor Fidelity
From web3 to climate tech: The tech trends to watch in 2022
After a year dominated by crypto, NFTs and the metaverse, what can we expect from tech in 2022?
Female investor, 29, to spearhead Europe expansion for US VC Sapphire
Annalise Dragic, 29, is now one of the youngest female venture capital partners in Europe
Government ‘monitoring’ BT as Patrick Drahi’s Altice ups stake to 18%
Altice UK, a group owned by French telecoms billionaire Patrick Drahi, bought another 585 million shares in BT worth just over £1 billion
Patrick Drahi: The secretive French billionaire stalking BT
Drahi is well known for corporate swashbuckling and is now free to start targeting BT: 10 December marks the expiry of a six month, no-bid clause triggered when Drahi spent £2.2 billion snapping up 12.1% of BT in June
Investment in European tech sector ‘set to exceed $100bn this year’
Russ Shaw, founder of London Tech Week organiser Tech London Advocates, said: “2021 has been a phenomenal year for the British tech industry - of the 321 unicorns in Europe, Britain is home to over 100”
Startup helping retail investors wage activist campaigns raises $10m
Tulipshare lets retail investors band together to do activist campaigns against big corporates, mimicking the tactics of institutional investors
As BenevolentAI goes Dutch, is London at risk of becoming a bone yard?
Money manager Paul Marshall has warned that London is at risk of becoming a “Jurassic Park” — a graveyard for legacy businesses
The London pair taking on Peloton with homegrown bike Apex Rides
Simon Cook and Charlie Lucas knew nothing about the fitness market before they launched Peloton competitor Apex Rides last year but the startup has grown rapidly
Crypto.com buys two exchanges from IG for $216 million
Crypto.com recently paid a reported $700 million for the naming rights of the Los Angeles Lakers stadium
NHS automation firm Blue Prism backs new £1.24bn takeover bid
US tech business SS&C has made a £1.24 billion bid for Blue Prism, trumping private equity firm Vista Partner’s £1.22 billion bid
Wise cuts prices for money transfers as revenue surges
Wise transferred £34 billion on behalf of customers over the last 6 months - 44% more than the same period last year
VC firm Creandum - an early backer of Depop - launches London office
General partner Fredrik Cassel told the Standard he was drawn by the “incredible” cross-sector startup founder talent currently being seen in London
Fintech Payhawk raises £83 million as it eyes expansion to the US
Payhawk has built software for back-office finance teams that lets them manage invoices, company cards, and expenses
Camden named startup capital of London
‘[Camden] is a much more diverse, multicultural environment than either of the world’s bigger tech areas, the Bay Area or Beijing. It’s one of the best places in the world to start a business’
AI start-up Sensat aims to be Europe’s first trillion-dollar company
Sensat works on HS2 and has raised money from one of the co-founders of Facebook
Johnson Matthey sinks on plans to sell battery business, weak trading
Johnson Matthey has concluding it can’t compete in the electric vehicle battery market and has decided to sell this division, first set up in 2012