HSBC has unveiled a £15bn lending fund for UK SMEs, with £500m funding dedicated specifically to the technology sector. The bank has further fenced off...
Edinburgh’s Forrit has received £5m in investment from the Scottish National Investment Bank for its cloud-based content management system (CMS). Forrit’s CMS runs on Microsoft’s...
Data analytics firm Quantexa has entered the unicorn club, reaching a valuation of $1.8bn (£1.5bn) after securing $129m (£103.9m) in Series E funding. Quantexa’s funding...
Banking giant Barclays has co-led a £5m investment round into electric cargo bike delivery company Zedify through its Sustainable Impact Capital fund. Zedify will use...
Startups are gradually regaining access to funds held with Silicon Valley Bank UK after HSBC took over the collapsed bank in a last-ditch rescue deal....
Regulators in California have closed Silicon Valley Bank (SVB) after a liquidity crisis at the startup lender prompted panic withdrawals. The collapse, the biggest bank...