UK-based cybersecurity startup Glasswall raises £18 million from a number of heavy hitters

London-based cybersecurity tech company Glasswall has raised £18 million in additional equity capital to fuel its expansion. The UK company essentially protects organisations from file-based threats, specialising in what is known as CDR (‘content, disarm and reconstruction’) technology. The round was led and corner-stoned by billionaire Icap founder (and recently turned Lord) Michael Spencer with […]

OakNorth signs SMBC as a customer; Japanese bank invests $30 million in the UK fintech

Sumitomo Mitsui Banking Corporation (SMBC) one of Japan’s leading banks – and one of the word’s largest commercial lenders – has invested $30 million into UK challenger bank OakNorth through a secondary transaction. SMBC today also announced that it has become an OakNorth customer, deploying its ‘Credit Intelligence’ software to enhance its commercial lending proposition […]

Envisics raises $50 million from several big automotive names for its AR tech

British holographics company Envisics has raised around $50 million from several automotive companies for its tech used in augmented reality. Among the investors in the Series B round include Hyundai Mobis, General Motors’ GM Ventures, SAIC Capital, the venture arm of SAIC Motors, and Van Tuyl Companies (VTC). Milton-Keynes-based Envisics develops holographic technology used in […]