London tech start-ups explore new opportunity in China
Businessam Staff
September 20, 2017
Eight of London’s fastest-growing tech companies are in China this week in a drive to forge stronger trade links, win new business opportunities and show that London is open for business, London & Partners, the Mayor of London’s official promotional agency, said on Tuesday. The eight entrepreneurs are visiting Shanghai, Shenzhen and Hong Kong as […]
Lab-grown meat startup gets $17m boost from Bill Gates, Richard Branson
Businessam StaffAugust 24, 2017
Meat grown from animal cells in a laboratory could be on our dinner plates before the end of the decade, as one pioneering startup has just received a $17m (£13m) investment from Bill Gates and Richard Branson, plus backers of Tesla and SpaceX, IBTimes reports. San Francisco-based Memphis Meats is developing a way to produce […]
Digital start-up Starling taking financial services by storm
Businessam StaffAugust 21, 2017
The financial crisis was not just a wake-up call for the world’s biggest banks – for some, it was a sign of opportunity. For Anne Boden, the CEO of British mobile-only challenger bank Starling, it was a time to totally rethink the financial services. Speaking with CNBC at her London office, Boden looked back to […]
MTN partners US-based startup to expand solar power systems in Africa
Businessam StaffAugust 3, 2017
Fenix International, a US-based startup making solar-power systems for people with no access to an electricity grid, has inked a partnership deal with MTN Group for expansion into Africa, according to Bloomberg. The company is extending its partnership with MTN Zambia, targeting close to 1 million new users in the country over the next three […]
Women’s underwear startup Thinx replaces embattled ‘She-E-O’
Businessam StaffJuly 27, 2017
Thinx, a women’s underwear designer that became a symbol of startup dysfunction, is trying to overcome scandals with direction from a new leader. The New York company had been without a chief executive officer since March, when co-founder Miki Agrawal left amid allegations that she sexually harassed her employees and that the company’s human-resources policies […]
Nasdaq to acquire UK market surveillance startup
Businessam StaffJuly 25, 2017
Nasdaq Inc has agreed to acquire Sybenetix, a London-based startup that uses artificial intelligence to help compliance officers at asset management firms analyse the behaviour of their traders in order to prevent market abuse. Sybenetix will enable the exchange group to expand its current market surveillance technology offering to service buy-side firms, Nasdaq said on […]
First Africa trip of Alibaba’s Jack Ma is about empowering young entrepreneurs
Businessam StaffJuly 20, 2017
Jack Ma, Alibaba Group Executive Chairman made the first ever trip to Africa this week, visiting Kenya and Rwanda in his role as special adviser for the United Nations Conference on Trade and Development to promote entrepreneurship as a path to economic growth. Ma, who serves as UNCTAD’s Special Adviser for Youth Entrepreneurship and Small […]
Strong team of founders key driver of success in African startups – Research
Businessam StaffJuly 20, 2017
A key outcome of a study on African start-ups by VC4A, a network-building organization with the mission to support the African startup community, has revealed that strong team of founders is key to success, especially the identification of their unique traits relative to the startups’ level of commercial performance. The study, which is based on […]