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  • Government unveils COVID-19 support package for startups | Startups

    Government unveils COVID-19 support package for startups | Startups0

    The government has announced a new scheme to help UK startups in need of financial support during the ongoing coronavirus pandemic. The package includes a £250 million Future Fund and an injection of £750 million for Innovate UK to distribute as grants and loans. The headline Future Fund will provide startups with between £125,000 and

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  • How Onfido raised $100 million at the peak of a pandemic | Startups

    How Onfido raised $100 million at the peak of a pandemic | Startups0

    Despite the ongoing coronavirus pandemic and sharply falling global  investment levels, British regtech startup Onfido raised a $100 million funding round this week, led by TPG Growth. Founded by a trio of Oxford graduates in 2012, Onfido plugs into various publicly available databases to give organisations quick identity verification and background checks for things like employment

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  • UK tech unicorns ask chancellor for access to emergency loans | Startups

    UK tech unicorns ask chancellor for access to emergency loans | Startups0

    The leaders of some of the UK’s most successful technology startups sent a letter to the chancellor Rishi Sunak yesterday claiming that they are being left behind by his various government-backed business interruption schemes, announced as a result of the COVID-19 global pandemic. The 12 executives have asked the chancellor to “urgently set up a

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