London’s social impact accelerator BGV plans seed fund

 London-based ‘social impact’ accelerator, Bethnal Green Ventures, which backs pre-seed startups with ideas for using tech to tackle social and/or environmental problems, has taken £1.3 million in funding from three social tech and innovation funders: Big Society Capital, Nominet Trust and Nesta. Read More

Softbank and Saudi Arabia’s PIF planning $100BN tech fund

softbank img Softbank has announced it is creating a new global tech investment fund, seeded with $25 billion of its own money. The fund, which will be London, UK based — with a working title of the ‘Softbank Vision Fund’ — is also set to be bolstered with up to $45BN from the public investment fund of Saudi Arabia. Read More