Akt London, a brand that stands at the forefront of sustainable beauty, has recently secured a significant investment of $7 million from Felix Capital. This funding aims to bolster the brand’s ambitions in the highly competitive beauty and personal care market, pushing its total capital raised to $10 million since its inception in 2020. Founded […]
UK Semiconductor Industry Receives £11.5m Boost for Innovation
In a significant move for the UK’s semiconductor industry, Science Minister Lord Patrick Vallance announced today that 16 semiconductor firms will share a funding pot of £11.5 million, provided by Innovate UK. This announcement came during a prominent industry conference of G7 nations, emphasizing the UK’s commitment to fostering innovation in this critical sector. The […]
Silas Capital, Unilever Ventures Invest in Skincare Brand Oak Essentials
The skincare sector continues to attract attention from major investors, as evidenced by the recent partnership between Oak Essentials and notable venture capital firms Silas Capital and Unilever Ventures. Founded by the talented US clothing designer Jenni Kayne in 2021, Oak Essentials has carved a niche in the premium beauty market by offering a line […]
AI Startup Mercor Attracts Major Investors in $30 Million Raise
Mercor, an innovative AI-driven recruitment platform, has recently made headlines by securing an impressive $30 million in a Series A funding round. This significant capital influx not only highlights the platform’s rising prominence in the tech industry but also propels its valuation to an impressive $250 million. This funding round was backed by a roster […]