The UK-based savings chatbot Plum secures $4.5 million

London-founded startup Plum that’s developed what it calls “the world’s first AI-powered personal money management chatbot” has raised $4.5 million in a funding round led by venture firm VentureFriends and the EBRD. The company plans to use the fresh capital to hire more engineers in its offices in London and Athens, as well as work […]

London-based idea management startup Wazoku raises £2.5 million

The UK-founded SaaS idea management startup Wazoku has secured £2.5 million in a funding round led by Calculus Capital with participation from existing investors. This round brings the total amount raised by the company to £6.1 million. Wazoku’s main product is Idea Spotlight, an idea management platform used by enterprise clients including the UK Ministry […]

London-based commercial insurtech startup Cytora raises £25 million

Cytora, a British startup that provides AI-powered products for the commercial insurance industry, has landed £25 million in a funding round led by EQT Ventures, with participation from Cambridge Innovation Capital, Parkwalk, and several angel investors. The startup spun out of the University of Cambridge in 2014 to focus on applying AI to commercial insurance. […]