Robin And Saul Klein’s Localglobe Backs Online Mortgage Advisor Trussle

TC-IMAGE Localglobe, the new VC fund from father and son duo Robin and Saul Klein, has led a £1.1 million investment in online mortgage advisor Trussle. Others joining the round include notable U.K.-based investors Ed Wray, co-founder of Betfair, Dan Cobley, ex-Google U.K. MD, and Ian Hogarth, co-founder and chairman of Songkick. Read More

European VC Creandum Closes New €180M Early-Stage Fund

Creandum I can barely keep up with the amount of new venture capital sloshing around Europe, as new funds are closed. And, if my sources are correct, we aren’t done yet. The latest to close a new fund is Stockholm and Palo Alto-based Creandum. ‘Creandum IV’ is a €180 million early-stage fund, and will be primarily targeting seed and Series A investments, but also follow-on rounds,… Read More

Deliverd Offers Another Take On The On-Demand Food Delivery Idea

porkbellychowmein-mobile-pepper Deliverd, founded by Paul Rawlings and James Grant, is another U.K. startup entering the on-demand food delivery space. However, the burgeoning company, which sees its formal launch today, offers a slight twist that potentially combines the advantages of take-out delivery services like Deliveroo with so-called online restaurants such as EatFirst. Read More

MyState Wants To Let You Know When It’s Good To Call

MyS-Introduction-final-1024x609 MyState wants to solve the pesky problem of knowing when it’s good to call. The mobile app, launching for iOS and Android today, provides what is essentially a smarter contacts book, with icons next to each contact letting you know their current communications status. The great hope of Internet calling was to provide ‘presence’ — knowing the availability or status of… Read More

Paul Smith Steps Down As CEO Of U.K. Accelerator Ignite

Paul Smith In what seems like an end of an era, Paul Smith is stepping down as CEO of Ignite, the U.K.-based accelerator he founded almost five years ago. He’ll be replaced by Tristan Watson, current Ignite MD. In that time, Ignite has run 7 programs, raised several funding rounds, seen a number of its alumni exit, and most recently expanded beyond its Newcastle base in the North East of England to… Read More

Babylon, The U.K. Digital Doctor App, Scores $25M To Develop AI-Driven Health Advice

Ali Parsa - babylon Hot on the heels of PushDoctor’s $8.2 million Series A, another U.K. startup playing in the digital health app space has picked up funding. Babylon Health, which like PushDoctor, lets you have video consultations with a doctor (and a lot more), has raised a $25 million Series A round led by Investment AB Kinnevik, the Swedish listed entrepreneurial investment. Read More