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The UK’s home for tokenised equity. Independent news, insight and resources for founders raising capital, investors deploying it, and the firms supporting both — as the regulation, infrastructure and opportunity converge.


A New Zealand Community Treasury Experiment Reopens an Important Question for Venture Funds
Mark Pascall, co-founder of The Wellbeing Protocol, recently published an account of governance experiments being run through hum, a platform managing shared community treasuries. Although these are not investment funds, they are managing a familiar problem: how groups decide where capital should be allocated.
The first governance model, Gov1, was straightforward where every member could propose spending and every member voted equally.
In theory it was highly democratic. I
Shawn Jhanji
2 days ago5 min read


UK's 150,000 Mission-Led Businesses Are Growing Faster Than the Wider Economy, but Their Own Legal Structures Are Shutting Them Out of Capital
Picture two founders, both running businesses that make money and make a difference. One has built a climate hardware company and can issue shares like any other startup. The other runs a care provider structured as a Community Interest Company, with an asset lock and a dividend cap baked into its c
Shawn Jhanji
5 days ago5 min read


AI Took a Record 44 Per Cent of UK Startup Equity in 2025 as Seed Funding Fell, British Business Bank Data Shows
Picture a founder outside the story everyone is telling. She is not building a large language model. She is building a climate hardware business in Sheffield, or a healthtech tool in Cardiff, with early revenue and a plan to grow. This week the British Business Bank published the numbers that descri
Shawn Jhanji
Jul 85 min read


Starling Bank to Cut 130 Jobs as AI Restructuring and Falling Profit Reshape a Flagship UK Fintech
One of Britain's best known fintech names is trimming its workforce, and the reason it gives says a good deal about where the sector is heading. Starling Bank is cutting about 130 jobs, roughly three per cent of a workforce of more than 4,000 people, as it restructures its banking and technology tea
Shawn Jhanji
Jul 62 min read


Innovate UK Opens a £33m Quantum Hardware Competition. For Deeptech Founders, Non Dilutive Capital Is Worth Chasing.
When the conversation turns to how founders raise money, it almost always turns to equity. Who led the round, at what valuation, on what terms. It is worth pausing on the quieter alternative, because on 29 June a new pot of it opened. Innovate UK is inviting UK registered organisations to apply for
Shawn Jhanji
Jul 23 min read


The British Business Bank Just Bet £90m on First Time Fund Managers. The Real Question Is Who Gets to Be a Gatekeeper.
Picture a founder in Bradford with a working product, early revenue and a plan to grow. She has never raised institutional money before, knows no one who has, and has no warm route into a London fund. For years, the honest answer to whether she gets funded has been decided long before she opens her
Shawn Jhanji
Jul 16 min read


London Tech Week's AI Billions Sharpen the Founder Access Question
London Tech Week in review. Instead, in line with the current mood in Number 10, much of the headline address was given over to a lecture and a warning. Tech firms were told they had three months to prevent children accessing, creating and sharing harmful material or face new legislation, with the Prime Minister telling the room that the pace of change cannot be an excuse for harm and that nobody is getting a free pass. Protecting children online is an entirely legitimate pr
Shawn Jhanji
Jun 1510 min read


What Ten Years of Equity Crowdfunding Returned to Founders and Backers
The model widened who could invest. The next one has to fix what it left unsolved: liquidity, selection, and the cost of staying in.
Shawn Jhanji
Jun 155 min read


New UK Data Reveals a First-Time Founder Funding Penalty
Picture a founder in Leeds with a working product, paying customers and a credible plan to grow. She has no warm introduction to a fund, no prior raise on her record, and no one in her immediate network who has done this before. New UK data suggests her single biggest disadvantage is not her idea, h
Shawn Jhanji
Jun 126 min read


The Capital Is There and the Returns Are Real. So Why Are Impact Founders Still the Hardest to Fund?
A founder building a women's health product, a food system fix or a financial inclusion tool in the UK today is working on exactly the problems the country says it wants solved. New data suggests they are also among the hardest founders in the market to fund, and the reason is not returns. It is inf
Shawn Jhanji
Jun 44 min read


Capital Formation Reaches the Main Stage at London Tech Week. Tokenisation Is Still Waiting in the Wings.
When London Tech Week opens its doors at Olympia on 8 June, a founder sitting in the audience of the new Founders Stage will hear a question asked out loud that, until recently, was mostly muttered in private. Do I really need to raise? For a decade the assumption ran one way. You built something, y
Shawn Jhanji
Jun 35 min read


UK Startup Funding Faces a £550 Million Shortfall as VCT Tax Relief Falls to 20 Per Cent
From 6 April 2026, the income tax relief available to investors in Venture Capital Trusts dropped from 30 per cent to 20 per cent. The change was announced in the 2025 Autumn Budget and took effect in the new tax year. Two months on, the implications are still being absorbed by the startup ecosystem
Shawn Jhanji
Jun 24 min read


London Is Back on Top in Europe. The Dealroom 2026 Report Ranks the Capital First on the Continent and Fourth in the World.
For the second time in three years, London has claimed the top position in Europe's technology ecosystem rankings. Dealroom's Global Tech Ecosystem Index 2026 has placed London ahead of Paris and every other European hub, ranking the UK capital fourth globally behind the Bay Area, New York and Bosto
Shawn Jhanji
Jun 13 min read


When VCs Remove Founders: The Cognism Case Puts Investor Power Under the Microscope
The legal case unfolding in a London court between the founder of Cognism and five of its investors, including Balderton Capital and AVP Capital, would be notable at any time. A court hearing this week appears to have dealt an early blow to the investor defendants, according to reporting from Sifted
Shawn Jhanji
May 284 min read


A Judge Rules the Cognism Founder's Case Against His Investors Has Real Prospect of Success. Here Is What It Means for UK Startup Power Dynamics.
In a courtroom in London, a judge has determined that a startup founder's claims against five of his former investors carry a real prospect of success. It is a procedural ruling, not a final verdict. But for founders who have faced pressure from their backers, the Cognism case is already one of the
Shawn Jhanji
May 284 min read


Why Five Data Points About Founder Funding Should Shape How This Sector Thinks About Capital Access.
Category: FOUNDER ACCESS & CAPITAL REFORM
Shawn Jhanji
May 274 min read


Europe Has Just Committed €5 Billion to Back Its Best Tech Scaleups. Here Is What Founders Need to Know.
The European Commission announced on 18 May 2026 that it had selected Swedish investment firm EQT to manage the new Scaleup Europe Fund, a vehicle with a target size of €5 billion designed to back the continent's most promising technology companies at the growth stage. The fund will invest across th
Shawn Jhanji
May 204 min read


UK Startups Raised £6 Billion in Three Months. Female Founders Are Still Getting 2p of Every Pound.
18 May 2026 | Category: FOUNDER ACCESS & CAPITAL REFORM
Shawn Jhanji
May 187 min read


British Business Bank Backs Angel Academe With £1m to Close the Gender Funding Gap — and the Stubborn Data Behind It
The statistic that frames this announcement has not changed in a decade. Female founders in the UK receive less than 2% of all venture capital deployed. Despite numerous initiatives, codes, commitments and pledges from investors, the number has barely shifted. Against that backdrop, the British Busi
Shawn Jhanji
May 113 min read


The Friction Tax: What the Data on Founder Fundraising Reveals About Systemic Inefficiency - and Why Better Infrastructure Changes the Equation
There is a cost that does not appear in any startup's profit and loss account, that no investor has to justify on a returns attribution sheet, and that no regulatory framework currently requires anyone to measure. It is the cost of raising a round.
Shawn Jhanji
May 86 min read
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