Join JAAGNet and Group

SIgn up for JAAGNet & the UKI Group its FREE!!

 

Member Benefits:
_____________________

 

Again signing up for JAAGNet & Group Membership is FREE and will only take a few moments!

Here are some of the benefits of Signing Up:

  • Ability to join and comment on all the JAAGNet Domain communities.
  • Ability to Blog on all the Domain communities 
  • Visibility to more pages and content at a group community level, such as Community, Internet, Social and Team Domain Community Feeds.
  • Make this your only content hub and distribute your blogs to LinkedIn, Reddit, Facebook, Twitter, WhatsApp, Messenger, Xing, Skype, WordPress Blogs, Pinterest, Email Apps and many, many more (100+) social network and feed sites. 
  • Opportunity to collaborate (soon to be  released) with various JAAGNet Business communities and other JAAGNet Network members.
  • Connect (become friends), Follow (and be Followed) and Network with JAAGNet members with similar interests.
  • Your Content will automatically be distributed on Domain and JAAGNet Community Feeds. Which are widely distributed by the JAAGNet team.

Join Us!

JAAGNet Newsletter Signup

investment (4)

Silver Level Contributor

Chip preps £10m crowdfunding campaign

UK smart savings app Chip says 25,000 people have pre-registered for its upcoming Crowdcube campaign, which aims to raise £10 million.

The campaign, which will start later this week, will see any funds raised matched by the Future Fund government initiative.

The funding will be used to build on Chip's 250,000-strong user-base and revenue model and to "continue ongoing discussions with VCs from a position of strength".

Simon Rabin, CEO, Chip, says: "We believe the most powerful way for a business to grow is to have thousands of investors advocating something they believe in.

"Our investor community has helped us get where we are now in more ways than simply investing, so we want to offer them the chance to maintain or improve their stake in our company and share in our success going forward."

The startup recently unveiled plans to offer interest-bearing accounts to customers, with all money bundled into a single shared trust account.
 
Originally published by
Finextra | September 8, 2020
Read more…
Bronze Level Contributor

Gymshark founder Ben Francis

According to Silicon Valley mythology, promising startups are founded in garages. That is true in the unlikely entrepreneurial hotspot of Bromsgrove, too.  

In 2012, Ben Francis, then a 19-year-old fitness fanatic and Aston University business student, launched Gymshark with some of his schoolmates from his parents’ garage in the British Midlands. His mother, an NHS coronary care nurse, helped him sew the company’s first pieces of gym kit. Last month, General Atlantic, the US growth equity fund, bought a 21% stake in Gymshark to help finance future expansion, valuing the business at $1.45bn. 

“The last eight years have been nuts,” says Francis in an interview with Sifted. “The last six to 12 months have been even crazier, not only doing the deal but seeing what’s going on globally.”

Now a 500-employee multinational business based in Solihull, Gymshark has developed something of a cult following among bodybuilders around the world. It has also built up a community of 12m social media followers. It is one of the fastest-growing companies in Britain, recording £18.4m in pre-tax profits on £176m of revenue in the year to end-July 2019. Backed by General Atlantic, the 28-year-old Francis now has his eyes set on further expansion in North America and Asia in his quest to rival Nike or Adidas. He still has a 70% shareholding in the business.

Melis Kayha Akar, a principal at General Atlantic who helped negotiate the investment and is joining Gymshark’s board, says that Francis is a “very young, very driven” entrepreneur who has succeeded in building a disruptive and differentiated business. Gymshark has done a great job of exploiting social media and the shift from offline to online commerce and focusing on the fast-growing health and wellness market, she says. “Ben has been visionary in capturing these three macro trends.” 

Here are some of Francis’s insights into:

  • How to develop products and build a brand.
  • How to grow a global company.
  • How to manage people — and yourself.

Developing product and building a brand

In building Amazon, the core philosophy of its founder Jeff Bezos has always been: start with the user and work backwards. Francis has stuck to that mantra in developing Gymshark, too. It helped that he was himself his original user. “It sounds a bit selfish but the product came from what I wanted,” he says.

Back in 2012 body-building was something of a niche activity in his home town and he had to scour the internet to find diet supplements and suitable clothing. But when he started attending fitness events around the world he discovered a big community of fellow lifters that captured his heart and sparked his entrepreneurial ambition.

Originally published by
John Thornill | September 3, 2020
Sifted

 

Read more…
Gold Level Contributor

Today British AI tech startup Greyparrot has raised around €2 million to tackle the growing waste crisis, by introducing digitisation and automation to recycling. The round was led by Speedinvest, a leading early-stage industrial tech investor, with participation from Force Over Mass. The new funds will be used to further develop and scale Greyparrot’s solution across global markets, setting the company up to revolutionise the recycling industry with artificial intelligence.

Only 14% of waste is recycled, due to inefficient recycling systems, rising labour costs, and strict quality requirements imposed on recycled material. On a global scale to date, 60% of the 2 billion tons of solid waste produced each year ends up in open dumps and landfill, causing major environmental impact. Additionally, less than 1% of waste is monitored and audited, as this expensive manual process is difficult to scale and provides little insight into facilities. 

Greyparrot, founded in 2019, provides AI-driven waste recognition software to monitor and sort waste at scale. Their first product, an Automated Waste Monitoring System, is currently deployed on moving conveyor belts in sorting facilities to measure large waste flows. The system automatically identifies different types of waste, providing composition information and analytics to help facilities increase recycling rates. 

Read more

Originally published
By Charlotte Tucker - EU-Startups

Read more…
Gold Level Contributor

Today Cazoo, a UK tech startup making buying a car much like buying any other product online today, announces that it has raised a further €108.5 million of funding. Cazoo is the latest venture from Alex Chesterman, who previously founded LoveFilm and Zoopla.

Cazoo has raised a total of over €195.3 million since being founded less than 18 months ago, a record for any UK start up in its first year of operation. This latest funding round was led by DMG Ventures alongside other investors including General Catalyst, CNP (Groupe Frère), Mubadala Capital, Octopus Ventures, Eight Roads Ventures and Stride.VC.

Since Cazoo’s launch in December, it has already sold thousands of cars, delivering them to customers across every region of the UK from the tip of Cornwall to the top of Scotland. Cazoo owns and fully reconditions all its cars before offering them for sale and delivering them free to customer’s doors in a convenient two-hour delivery slot.

Read more here

Read more…

JAAGNet UKI Business - Feeds

JAAGNet UKI Personal - Feed

JAAGNet UKI Blog Archive

See Original | Powered by elink

JAAGNet UKI Video Playlist

Love Business EXPO 2021

  • Description:

    Love Business EXPO 2021
    https://www.lovebusinessexpo.co.uk/

    A business to business networking exhibition with a difference. It brings business and personal development opportunities together. If you are a business owner, manager or thinking of starting a business - and you need answers, inspiration or just to see what’s happening in your area - Love Business EXPO 2021 is for…

  • Created by: Kathy Jones
  • Tags: love business, loughborough, uk, networking, expo