Seemingly, mobile payments service iZettle has started off 2017 as it means to go on, raising a €60m investment alongside the appointment of a new CFO.
EQT Ventures and Octopus Ventures have joined forced to inject a €10m investment into myTomorrows, an experimental drugs platform.
Through her growing female-centric dating service Bumble, Tinder co-founder Whitney Wolfe has backed gay dating app Chappy, which has been created by Made in Chelsea’s Ollie Locke.
With many entrepreneurs facing a UK funding gap to cross before they can launch their business, friends and family have been responsible for lending £7.2bn worth of investment to their loved ones.
Ahead of the Autumn Statement, prime minister Theresa May has promised to deliver government investment of £2bn a year for research and development (R&D), while she also highlighted the modern Industrial Strategy and Brexit plans.
In partnership with MicroVentures, Indiegogo equity crowdfunding has been made available, which takes the firm beyond its reward-based funding roots.
Prosecco mixer brand Drunken Berries has been named the first business to hit its investment target through the Tesco BackIt crowdfunding scheme, which launched in September.
A large scale US retail market expansion is on the table for British bag business Knomo, which has secured deals with Macy’s and Saks, alongside a £3m investment.
Simply, the equity economy is a way for entrepreneurs to turn a small percentage of the equity in their startup into an easy-to-use currency that can be used to reward those that help them to build the business.
Flypay, which allows customers to settle bills in restaurants and bars via app, has received a £3.5m investment from Just Eat to mark what will be a “strategic partnership”.
Shoreditch-based Depop, which blurs the lines between ecommerce and social media with a social shopping platform, has secured an $8.25m investment and simultaneously announced Maria Raga as its new CEO.
While London nightclub Fabric is currently in the midst of a closure row, the Deltic Group has revealed an £8m investment programme to take properties to the next level and ensure its portfolio of 59 venues across the UK thrive.