Welcome to The Week in Tech, your roundup of the latest top tech news. This week, we have a £4.67m venture round, Uber’s CEO taking some time out following company scandals, Verizon finally completing its acquisition of Yahoo, and much more.
UK investments
G.Network’s £4.68m
G.Network, which provides fibre connectivity to businesses in central London, raised £4.68m from Albion Capital.
The funding will be used to expand the company’s broadband infrastructure, prioritising areas with significant business density.
Vita Mojo’s £3.28m
London-based software firm Vita Mojo raised £3.28m on equity crowdfunding platform Crowdcube.
As part of the campaign, the company secured £1m from Elior Group, a global catering company.
Vita Mojo attracted the support of 1,179 investors for 14.15% equity and reached a post-money valuation of £23.1m. Its pre-money valuation was £19.8m....