funding
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Systum, a provider of a digital operating platforms for small to medium-sized businesses has announced it has raised $10.7 million in its latest round of funding led by London-based venture capital firm Octopus Ventures. Systum combines business operations such as inventory and order management, marketing, CRM and digital commerce into a single platform that delivers…
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Venture capital funding in the UK lifted to a record high during the first half of this year, bolstered by a hunger for tech investments. VC funding rose to £4.3bn during the first half of 2019, a 45pc year on year increase, according to Workthere, the serviced-office arm of Savills estate agent.The average deal size…
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Stephen Welton, who runs Business Growth Fund, the UK’s most active investment vehicle, has questioned the business model of Britain’s venture capital firm. The total amount of VC money invested in Britain rose by 37pc to £4.4bn over the first six months of this year, according to KPMG.However, venture capitalists are shying away from investing…