UK regulators approve 20-SECOND Virolens Covid saliva test by iAbra start-up

Britain has approved a rapid coronavirus test that gives a result in just 20 seconds, it was revealed today. UK start-up iAbra said the Virolens test was given approval by the country’s medical regulator after it was trialled at Heathrow Airport. The company hopes to roll it out more widely in the coming months as the UK comes … Read more

Better up: The $1.73bn ‘playful’ Silicon Valley start-up with Tinder-style app

Prince Harry is joining a Silicon Valley mental health start-up firm that has an office that features a punching bag and yoga mats and is fluent in the California therapy speak that featured prominently in he and Meghan’s Oprah interview.   Better Up sells digital leadership coaching and therapy services and was founded in 2013 by two University of … Read more

How the banks are betraying start-up firms just when we need them most

Britain’s banks have been accused of ‘sending a terrible message’ to entrepreneurs by leaving new business account customers out in the cold. Many High Street giants stopped offering business accounts at the start of the pandemic, claiming they wanted to focus on existing customers.  But while some have finally started accepting applications again, wildly divergent … Read more

Tony Blair’s son Euan worth almost £73million after start-up Multiverse valued at £147million

Tony Blair‘s son Euan could now be worth almost £73million after the education technology start-up he founded was valued at £147million. The London-based firm, named Multiverse, has announced plans for a global expansion after recently securing new investment. The investment, believed to be in the region of £32million, values the apprenticeship firm at £147million. Mr … Read more

Made In Chelsea star raises £7m for low-alcohol drinks start-up 

Made In Chelsea star Spencer Matthews raises £7m for low-alcohol drinks start-up CleanCo By Daily Mail City & Finance Reporter Published: 21:51 GMT, 18 January 2021 | Updated: 21:51 GMT, 18 January 2021 Reality TV star Spencer Matthews has bagged £7million of investment for his low-alcohol spirits business CleanCo. Matthews, who appeared in Made In … Read more

Find a business partner: Object Astra matches startup founders with expert advisers

A new platform connecting startups with potential business partners has launched, spurred on by an increase in people taking the plunge to become entrepreneurs during the pandemic.  Object Astra is a platform designed to help people with a business idea find professionals with the skills and know-how they need to give them ‘sweat equity’. In … Read more

Fintech start-up Lanistar drops celebrity backer claims as Instagram influencers promote debit card

Fintech start-up Lanistar drops celebrity backer claims after 3,000 Instagram influencers were paid to promote its debit card Lanistar signed up footballer Kevin de Bruyne and Love Island’s Amber Gill It claimed to be ‘part-owned’ by ‘influential people’ in its launch campaign  But the company has since dropped those claims  Lanistar could not say how … Read more

NASA is paying a Colorado startup just $1 to collect moon dust from the lunar surface in 2023

Space exploration is expensive, and NASA is always looking for ways to economize.  The US space agency will be saving some big bucks by paying a Colorado startup just $1 to collect soil samples from the moon. The company, Lunar Outpost, has agreed to send a rover to the lunar South Pole in 2023 to … Read more

FCA takes down warning notice about debit card start-up Lanistar

FCA takes down Lanistar warning notice after the fintech firm pledges to make clear debit card marketed by influencers won’t launch until January Lanistar launched a viral marketing campaign last week to drum up interest It claimed its debit card would be the ‘world’s most secure’   The FCA warned last Wednesday it was operating without … Read more

Lanistar: Debit card start-up attracts attention of the FCA

A fintech start-up which paid more than 3,000 influencers including Premier League footballers and Love Island stars to promote a debit card it claimed would be ‘one of the world’s most secure’ has been accused by the financial regulator of peddling its products without authorisation. The Financial Conduct Authority issued a warning about Lanistar, which … Read more