Atlas Genetics raises $35m Series D, Theresa May’s Industrial Strategy & more in the Week in Tech
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Atlas Genetics raises $35m Series D, Theresa May’s Industrial Strategy & more in the Week in Tech


Hello I’m Emily Spaven, this is your Week
in Tech. We’re filming from the Startupbootcamp IoT demo day. I spoke to Raph, who told us more about the event. So in the last three months at Startupbootcamp IoT Connected Devices, we have been helping nine teams From five different countries to get to an extraordinary stage for their hardware IoT product. It’s extremely exciting to see where they are right now. Of course today is a culmination of that. We have about 500 people showing up to our demo day, which, for our first year, is extremely satisfying. And we want to see them perform on stage. So I can’t wait to see what they do. In investment news, HealthTech startup Atlas
Genetics closed a $35m Series D round. The Wiltshire firm has developed technology that
can detect and diagnose sexually transmitted infections. Online mortgage broker Habito raised £5.5m
in Series D funding. Led by Silicon Valley investor Ribbit Capital, the round also drew
support from Mosaic Ventures. Pitchero scored a £3.1m Series A round. Based
in Leeds, the startup provides sports organisations with tools to build their own websites. Pay-as-you-drive InsurTech startup Cuvva raised
£1.5m in a round led by LocalGlobe. Participating investors also included Techstars Ventures,
Seedcamp and Tekton Ventures. Theresa May revealed the Industrial Strategy
Challenge Fund to support UK tech. It’s part of the £4.7bn initiative announced by
the prime minister back in November. The Strategy will focus on backing innovative technologies
including AI, robotics and 5G wireless internet. The strategy also promises to boost technical
education by providing £170m of capital funding to create new Institutes of Technology. Overseas, Verizon’s acquisition of Yahoo
has been delayed following the two data security breaches recently revealed by the search giant.
In addition to a breach in 2014, in December last year Yahoo admitted an attack which took
place in 2013. Consequently, Yahoo said the acquisition deal will now be pushed back to
the second quarter of this year. Our download of the week is Fllike. The free
app enables users to rate and share their flight experiences. Scores are then tracked
by the app, so users can search for the highest rated flights and airlines around the world.
You can also share your reviews on social media and keep track of exactly how long you’ve
spent in the air. And finally, calling all redheads! Apple is
due to host a meeting to discuss adding red-haired characters to the emoji keyboard. This comes
after several social media campaigns have demanded ginger emoji. There’s no time like the present when it comes to
embracing diversity! That’s all for this week’s episode of
The Week in Tech. For more technology news, visit Techcitynews.com and subscribe to receive the latest issue of our magazine. This issue focuses on the growing area of HealthTech.

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