UK social enterprise builder Zinc raises over £3 million in seed funding

London-based Zinc, a company builder that helps tech entrepreneurs tackle social issues, has raised more than £3 million from Atomico, LocalGlobe, LSE, and several angel investors including Martin Leuw and Michael Norton. Zinc’s programme (broken down into “missions”) takes 50 entrepreneurs at a time and matches them with experts in social science, technology, design and […]

Berlin’s Frontier Car Group raises $58 million in equity and debt funding to build a used-car marketplace empire

Frontier Car Group, a Berlin-based startup which develops, backs and operates used-car marketplaces in various emerging markets, has raised more than $41 million in Series B funding, almost exactly a year after raising $22 million in a Series A round. A group of existing investors participated in the round, including Balderton Capital and TPG Growth, […]

Cambridge University spin-out Paragraf lands £2.9 million to boost graphene technology development

Paragraf, a UK startup that’s developing atom-layer, two-dimensional materials (starting with graphene), has secured a £2.9 million seed round led by Cambridge Enterprise, the commercialisation arm of the University of Cambridge. Paragraf is a spin-out from the Centre for Gallium Nitride group of Professor Sir Colin Humphreys in the Department of Materials Science at the […]

Nestlé acquires UK-based pet nutrition business

Nestlé’s Purina PetCare has acquired a majority stake in, a direct-to-consumer, personalised dog nutrition business based in the UK and backed by Draper Esprit. Launched in 2014, London-based aims to bring tailored dog nutrition to consumers at competitive prices and by means of a subscription service with home delivery. The company self-reportedly now […]

Samsung partners with Tel Aviv-based audio search startup AudioBurst, invests $4.6 million

Editor’s note: This exclusive article from CTech (Tofi Stoler) was syndicated with permission. Samsung has invested $4.6 million as part of a partnership with AudioBurst, a Tel Aviv-based startup that develops an audio content search engine. AudioBurst announced the partnership on Wednesday. As part of the partnership, AudioBurst’s technology will be integrated into Samsung’s products […]