UK-based early-stage media technology venture capital firm GMG Ventures has rebranded to Mercuri. It has also raised £50 million ($81.35 million) for its second fund led by British Business Bank, […]
UK
Trending topics and news from the UK category
Back to news homeThere’s a growing desire in the UK for more Black specialty venture funds
Between 2009 and 2019 in the U.K., just 30 Black people received VC funding, equating to less than 0.4% of all funds allocated to founders. Though the latest figures haven’t […]
Venture firm Black Seed raises £5M inaugural fund to invest in Black founders
British early-stage venture firm Black Seed has raised £5 million ($6.2 million) as part of its inaugural fund to solely support Black founders in the country. The round was led […]
‘Insane’ — UK Tech reacts to Gov moves that might hand UK startups contract to Barclays Bank
Tech Nation is trailing in second place in the race to remain the UK’s government-backed ‘startup champion’ after the latter put the £12 million contract out to tender, according to […]
Human drivers in UK won’t be liable for accidents when vehicle is self-driving
Manufacturers operating self-driving vehicles in the UK will be liable for a vehicle’s actions when in autonomous mode, according to the country’s new roadmap to achieve a widespread rollout of […]
Despite remote work and the economic downturn, some companies look to London for expansion
Barely a day goes by without news of layoffs emerging from the tech world — from cybersecurity to gaming, no industry is impervious. It’s not limited to any particular size of […]
UK wants to squeeze freedom of reach to take on internet trolls
The UK government has announced (yet) more additions to its expansive and controversial plan to regulate online content — aka the Online Safety Bill. It says the latest package of […]
Cider companies should take advantage of summer months in the UK now that restrictions have been lifted
In 2020 and continuing into 2021, COVID-19 has profoundly affected trading in the UK, with the cider market losing 16.3%* volume in 2020, dropping to 7837.36 thousand hectolitres, according to […]
Why Draper Esprit doubled down on its status as a publicly listed VC
We cover a lot of venture capital news here at TechCrunch. New funds, partner changes, the funding rounds themselves — the list is long. Lately, we’ve had to touch on […]