News from the Factory Floor

10 days ago

How Bower Collective went from zero to £130k revenue in their first six months

Co-founder Nick Torday talks us through how Bower Collective was launched in January 2020 with Founders Factory, generating £130k+ revenue in just six months - even as the pandemic threatened to disrupt their crucial supply chains.
Techcrunch
  — 22 days ago

Cosmose, a platform that analyses foot traffic in physical stores, gets $15m Series A

Cosmose tracks foot traffic in brick-and-mortar stores to help predict customer behavior, providing data that is increasingly important as companies try to weather COVID-19’s economic impact. Today the startup announced it has raised a $15 million Series A...
Evening Standard
  — a month ago

Caper is the play-inspiration app parents never knew they needed

Imagine being five years old and getting a call from Frozen’s Elsa about a mission to help her in your local park. You’d be out of the door in a flash, with some parental help of course...
EU-Startups
  — a month ago

UK-based Caper gets backing from LEGO for its interactive outdoor family adventures

Caper, the London-based startup providing interactive entertainment to families, has announced a seed investment round of approximately €300K, led by LEGO Ventures with participation from Founders Factory...
Financial Times
  — a month ago

Treasury enters realm of venture investing with AI start-up Monolith

How the Treasury's Future Fund is backing UK startups like Monolith AI, recent graduates of our accelerator. Monolith uses machine learning to help engineering companies significantly improve their product development- via FT
Techcrunch
  — a month ago

Hammock collects £1m seed for its current account for landlords and property managers

Hammock, a U.K. fintech/proptech helping landlords and property manages gain better oversight on the financial health of their rental properties, has raised £1 million in seed funding as it readies the launch of a current account...
Business Insider
  — a month ago

Europe's tech unicorns follow Silicon Valley's lead on flexible working post-pandemic: in with long-term remote working, out with high-density open plan offices

"In lockdown we have hosted 2 virtual investor showcases which were our best attended to date, we have helped our startups close approx £30 million in funding, and we have welcomed 15 new startups to our program," Louis Warner speaks to Business Insider
The Drum
  — 2 months ago

Fanbytes Fund aims to create an ecosystem to support Black businesses and creators

Influencer marketing agency Fanbytes has committed £100,000 towards campaigns for Black-owned businesses and by Black creators...
2 months ago

Overseas students a boon for UK university start-ups

Almost sixty per cent of British university start-ups have founders who came to study in the UK from other countries, underlining the importance of international students to the education sector...
Sifted
  — 2 months ago

Today’s students want to become startup founders

There’s a revolution happening at universities — students aren’t quite as keen as they used to be to become lawyers and bankers and management consultants; they want to become founders instead. A quarter of UK students now run — or plan to start a company — while at university. Collectively, they raked in £1bn in 2019; a 32% increase on 2016...
Techcrunch
  — 3 months ago

Admix raises $7M to bring more ads to games, VR and AR

The London-based company was founded by CEO Samuel Huber (previously owner of an indie gaming studio) and COO Joe Bachle-Morris (who previously worked in the ad agency world). The company is working to bring ads to games, esports, virtual reality and augmented reality.
The Times
  — 4 months ago

Unicorns become rare beasts in a market no longer in the pink

Kelvin Au, Head of Venture in The Times, “In spite of a slowdown in March, in April we started seeing more investors come back with interest and appetite. And in May things have become much more active in terms of fundraising and discussions".
Tech EU
  — 4 months ago

UK startup Poplar scores $2.1 million to capitalise on AR momentum

Congratulations to the team at Poplar which was born out of our startup studio: 'UK startup Poplar scores $1.2 million to capitalise on AR momentum'
Evening Standard
  — 4 months ago

Charging forward on improving hygiene for commuters

Charging forward on improving hygiene for commuters, accelerator company ChargedUpWorld helping London commuters return to work safely by installing hundreds of hand sanitiser dispensers on the underground.

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