Tag: business
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£100M boost for UK healthtech as British Business Bank backs Apposite growth fund
The British Business Bank has agreed to make a £100 million commitment to Apposite Healthcare Growth I, a fund investing to support the growth of health technology companies, primarily in the UK. This will be the British Business Bank’s largest fund commitment to date and is the Bank’s first commitment to Apposite Capital, a specialist read more
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British Business Bank invests up to £45M in VC fund targeting consumer brand startups
The British Business Bankis investing up to £45m in a VC fund which makes seed-stage investments in consumer brand startups and B2B tech that supports them. The UK state-backed bank is investing the funds in Redrice Ventures, saying it will help promising startups scale, commercialise research and attract follow-on investment. It is investing in Redrice’s£75m read more
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Nordic challenger bank Lunar raises €46M, as looks to grow business users
Lunar, the Nordic digital challenger bank, has raised €46 million in fresh funding, with the funds geared towards growing its business customers and supporting the launch of a suite of new lending products. Lunar, which has over one million users across the Nordics, has raised the funding from existing investors Heartland and Orbit Alliance and read more
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British Business Bank invests £25M in Kraken Technologies
The UK government-backed British Business Bank (BBB) is taking a £25m stake in Kraken Technologies, the software entity being spun out of Octopus Energy, marking the bank’s biggest ever direct investment into a private firm. Octopus Energy sold a $1bn stake inKraken last month to a syndicate of investors, paving the way for its demerger read more
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Nigeria: New U.S. Visa Bond Will Hurt Tourists, Legitimate Business Trips – Nigerians
Some Nigerians have condemned the new US visa Bond policy, requiring them to pay $15,000 when applying for a US visa saying it would hurt Nigerian tourists or those who are going to the US on legitimate business trips. They argue that the US already generates billions from visa application fees, so adding a bond read more
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Small business tech tips: A guide to getting more done with Zoom Workplace
As a small business owner, you have to be scrappy. You need to find ways to break out in today’s crowded market — reach new audiences, automate processes, improve efficiencies, and do more with less — without overextending your team. The right technology can unlock all that, and then some. A 2024 study by the read more
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Namibia Launches Special Office to Boost Business Tourism
Minister of environment and tourism Indileni Daniel on Tuesday launched the Namibia Convention Bureau. She said the new office marks a turning point for tourism and economic development following the Covid-19 pandemic. “This is more than the unveiling of an institution, it is the start of a new era for Namibia’s tourism and economic development,” read more
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Stephen Witt wins FT and Schroders Business Book of the Year
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Stephen Witt’s The Thinking Machine, about the rise of Nvidia and its hard-driving leader Jensen Huang, has won the 2025 Financial Times and Schroders Business Book of the Year Award. It is the second year read more
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