News
Farfetch, one of the leading online global fashion retail platforms, are currently developing a new way to customise their customers' experience in the brick-and-mortar stores operated by their partners.
The primary functions of the new technology will allow customers to use their mobile phones to share their wishlist and be able to communicate to staff that they do not want to be approached.
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TruFin, a fintech and banking group, has managed to raise £70m in capital after floating on the AIM market of the London Stock Exchange.
The funds will enable TruFin to expand its three businesses: Distribution Finance Capital (DFC), Satago and Oxygen Finance.
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Delivery Hero, a German food delivery marketplace, has surpassed expectations with a worldwide 48% increase in total orders for 2017 as well as a revenue of €544 million.
Although the operations have discontinued in the UK they are going strong across Europe, Asia, the Americas and MENA.
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UK investment nearly doubled from $4.2 to $7.8 billion in 2017. Mega-rounds were a major growth driver. For instance, 2017 saw 22 rounds over $50 million, compared with 9 rounds in 2016.
This was due partly to the fact that corporate investment into the UK as well as UK investment from the USA and America more than doubled in 2017.
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Dunkin' Donuts, one of the largest fast food chains in the world, has come up with a new way of increasing the speed that its customers can get hold of their daily coffee fix.
According to Dunkin' Donuts they are the first national restaurant to combine their app alongside their drive-thru. This combination allows customers access to a separate drive-thru lane providing that they order through the app.
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The latest clinical study performed by Cardiogram founder Brandon Ballinger has found the Apple Watch has an 85 percent accuracy of detecting diabetes in those previously diagnosed with the disease.
The case study included 14,000 Apple Watch users and it was able of detecting that 462 of them had diabetes, based on the Watch's heart rate sensor.
For their next step Ballinger and his study colleague, Johnson Hsieh, are keen to discover what other diseases could be detected through the heart sensors.
As a disclaimer Hsieh has highlighted that those tested were already known to have diabetes or pre-diabetes, and that it if anyone thinks they might have it they should consult a doctor.
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A startup that is bringing fitness classes into people's homes, via a device resembling a mirror, has managed to raise $13m.
The device, which is yet to be released, looks like a mirror but also shows the fitness instructor and other class members as well as measuring performance.
Spark Capital is leading the round, with participation from Lerer Hippeau Ventures, First Round Capital, BoxGroup and others.
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Open Energy Market, which helps medium to large businesses with the management of their energy contracts, has managed to raise £3m from Calculus Capital.
The startup, which was launched in 2013, has focused on facilitate the broker process for companies trying to organise their energy contracts.
The funds will enable Open Energy Market to continue developing their online trading platform and to expand into the US.
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Spirable, a contextual video platform, have succeeded in raising a £1.25m round led by Frontline Ventures.
The company, which launched nearly four years ago, uses a variety of data to allow clients to generate personalised videos.
The funds raised will allow Spirable to further develop their platform and expand their team.
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AIM giant ASOS has released a brief Trading Update this morning, highlighting the Group's continued domination of the fast fashion e-commerce world.
The update, covering the four months to December 31st and the crucial Christmas period, reported total Group sales growth of 30% to £808m, bolstered by a 42% jump in EU sales.
Here in the UK sales jumped 23% while in the US and ROW sales grew by 24% and 34% respectively.
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