Quantexa: AI start-up boss on business after hitting Unicorn status August 19, 2024 When artificial intelligence (AI) start-up Quantexa hit unicorn status, the London-based company said it was a chance to embark on a major growth push. In April 2023, Quantexa was minted a billion dollar ‘unicorn’ after closing a $129m (£99.4m) funding round at a valuation of $1.8bn (£1.4bn). Quantexa, which uses AI to analyse financial firms’ [...]
Five fintechs on the verge of unicorn status August 13, 2024 The fintech sector is experiencing lightning growth, with a number companies on the brink of joining the coveted unicorn club – a title given to privately-held startups valued at over $1bn. According to recent data from Crunchbase, analysed by investment bank Panmure Liberum, a handful of fintech firms are leading the charge, with valuations upwards [...]
Unicorn’s latest venture capital trust sells out in just seven days as investors are drawn in by tax relief February 24, 2024 Last week, the Unicorn AIM venture capital trust became oversubscribed in just seven days, despite a challenging market for VCTs.
London’s unicorns: City’s tech start-ups are bringing in the big bucks December 21, 2022 London’s tech start-ups have had a turbulent 2022. But while some of the original tech players in the city have struggled with rising costs and depleting revenues, newer unicorns are making moves. Here are the five London start-ups that made their mark this year, and are to be watched out for in 2023. OakNorth Valued [...]
