Index leads $12.2M seed in Sourceful, a data play to make supply chains greener

Supply chains can be a complex logistical challenge. But they pose an even greater environmental challenge. And it’s that latter problem — global supply-chain sustainability — where UK startup Sourceful is fully focused, although it argues its approach can boost efficiency as well as shrink environmental impact. So it’s a win-win, per the pitch. Early […]

As UK Gov reaches out to tech, investors threaten to ‘pull capital’ over M&A regulator over-reach

UK competition regulators are spooking tech investors in the country with an implied threat to clamp down on startup M&A, according to a new survey of the industry. As the UK’s Chancellor of the Exchequer engaged with the tech industry at a ‘Chatham House’ style event today, the Coalition for a Digital Economy (Coadec) think-tank […]

UK government threatens to suspend Northern Ireland protocol

Brexit minister Lord Frost tells House of Lords that the European Commission must take renegotiation proposals seriouslyThe row over Brexit and Northern Ireland has escalated after the UK government issued a new warning to the EU that it will not shy a…

Dutch court finds Uber drivers are employees

Uber has lost another legal challenge in Europe over the employment status of drivers: The Court of Amsterdam, in the Netherlands, has ruled that drivers for Uber are employed, rather than self-employed contractors. The court also found drivers are covered by an existing collective labor agreement in the country — which pertains to taxi drivers […]

Vector.ai’s productivity platform for freight forwarders raises $15M A round led by Bessemer

With supply chains under constant stress because of the pandemic, freight forwarding has become one of the hottest startup sectors in the last two years. Indeed, international freight forwarding is now a $199 billion market. And the evidence is mounting. In November last year, digital freight forwarder Forto raised another $50 million in a round led […]