Tom Pickersgill News Today

The collapse of Orka Technology must have been a chastening moment for the investment team at Praetura Ventures as they make plans to invest £100m of

Manchester-based Orka Technology Group which offered a suite of products aimed at engaging and paying hourly workers has called in administrators

Orka Technology Group has appointed a new Chief Technology Officer, following its £3m investment from Praetura Ventures.

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

A Manchester-based tech start-up has secured a £3m investment from Praetura Ventures.

by David Prior Manchester-based Orka Technology Group has raised £29million in its latest funding round. The fundraise was a mixture of debt financing from Sonovate and equity funding involving the British Business Bank Future Fund and existing investors, including Peter Searle, the former UK CEO of Adecco. It takes the total raised by Orka to £31.5m since the company launched in 2017. As well as growing Orka Pay, the start-up will use the funding to double its headcount to 50 in 2021 and inv...

HR tech startup Orka raises £29m to scale earned wage access product Orka co-founders (L-R): James Doyle, Tom Pickersgill , Nick Groves. HR startup Orka Technology Group has raised £29m in fresh funding to support its earned wage product and drive its UK expansion.  The Manchester-based startup is designed specifically for hourly workers with its labour-as-a-service platform allowing people to find temporary employment. Last year the startup announced Orka Pay, which allows...

Orka raises £29m to help people find flexible work during the pandemic More than 200,000 jobs have been cut during the pandemic in the UK Orka co-founders James Doyle, Tom Pickersgill and Nick Groves Credit: Orka A Manchester technology start-up that helps people find flexible work during the pandemic has raised £29m in funding. The Orka Works app, which is now used by 50,000 people in the UK, lets people find hourly jobs such as security officer and cleaning shifts from clients including G4S...

This year’s cohort is heavily skewed towards healthtech companies, representing 18 per cent of the total. The UK is now third in the world for healthtech investment after the US and China, and over the course of 2020 we saw an increase in early stage investment, from $2.27bn in 2019 to $2.32bn in 2020. Healthtech companies among the fastest-growing tech start-ups include LabGenius, which develops new protein-based drugs using machine learning – lowering the associated costs and risks of dru...

» UK unemployment hits its highest since 2016 just as several parts of the country return to strict lockdown before the holidays UK unemployment hits its highest since 2016 just as several parts of the country return to strict lockdown before the holidays Shalini NagarajanDec 15, 2020, 17:02 IST WIktor Szymanowicz/NurPhoto via Getty Images UK unemployment rose to its highest level in four years, as the country braces for the impact of tougher restrictions on movement in London and other areas ...