The world is full of corrupt oligarchs looking to smuggle their money out of their countries and put it somewhere where the rule of law that they have helped to dismantle at home still reigns; a favourite safe asset class is luxury housing in major cities, which is viewed as easy to sell on short ...

AllBright, the London-based women’s membership club backed by private real estate investment firm Cain International, has raised $18.8 million to expand into the U.S. The company’s new round was led by Cain International and was designed to take AllBright into three U.S. locations — Los Angeles, New York, and Washington. The company said that the ...

Kencko, a company that wants to help people eat more fruit and vegetables in their daily life, is entering feast mode after it announced a $3.4 million seed round for growth and product development. We profiled the company last year, but — for those who missed it — Kencko develops plant-based products that help people ...

London is one of the world’s biggest markets for consumers that travel using ride-hailing services. Is it now also becoming one of the most crowded when it comes to the companies offering the transportation, too? Today, India’s Ola confirmed that it is the latest of the wave of app-based ride-hailing providers to receive a license ...

The Goodwood Festival of Speed is shaping up to be a big moment for Lotus. The company is finally taking “some” of the wraps off of its first major model launch — and its first electric hypercar — under the new ownership of Geely. And now, one day before attendees will get a glimpse, Lotus ...

Having an average day? Try this delightful moment on for size. Janelle Monáe royally slayed London’s SSE Wembley Arena on Monday, and somewhere amidst the singer's jaw-dropper of a show, she was joined onstage by Us actor Lupita Nyong'o. N... ...

Well, this has been interesting. After almost 30 years with Apple, Jony Ive is leaving, to found his own firm LoveFrom with his friend and frequent collaborator Marc Newson — also leaving Apple. The response to this news has been predictably histrionic from Apple watchers and press. The narratives, to summarize, are essentially that: Jony ...

Competition in Africa’s two-wheel ride-hail market is accelerating. Nigerian motorcycle transit startup MAX.ng was the latest startup to add funding, raising a $7 million funding round in June with participation of Japanese manufacturer Yamaha. Based in Lagos, the company’s app-based platform coordinates motorcycle taxi and delivery services for individuals and businesses. With the Series A ...

Pavegen, a UK startup which harvests energy from people’s footsteps and also tracks that data, has raised £2.6m on its crowdfunding push having doubled its initial £950k target. The campaign secured funds from over 1,400 investors, including partnership and anchor investment from major global engineering conglomerate Hinduja Group and family investment firm Tamar Capital. The ...

Two of Europe’s biggest on-demand laundry startups are merging today. Laundrapp from London and Zipjet from Berlin are confirming the completion of a previously-rumored merger through which the combined business will become the largest on-demand laundry business in the UK. Alongside this, the combined business has completed a funding round from existing investors including Toscafund, ...