Portfolio Update - 22.06.2017

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Darktrace have been named as the sole cybersecurity firm in Wall Street Journal’s “Top 25 Companies To Watch” list for 2017. They also continue to expand into new verticals and have begun to provide cybersecurity M&A due diligence after signing with MACOM, a global semiconductor enterprise with a market capitalisation of c. $3.6bn.

https://www.darktrace.com/

Luminance’s market-leading technology has been recognised by CognitionX, a prestigious awards ceremony highlighting the most innovative firms utilising Artificial Intelligence with fellow award winners including Tesla and Google Deepmind.

https://www.luminance.com/

Portfolio Update - 15.06.2017

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Onfido have been named as one of the world’s 30 most promising Technology Pioneers by the World Economic Forum, a prestigious achievement previously held by Google, AirBnB and Spotify.  As a Technology Pioneer, Onfido will benefit from several dedicated community events including the World Economic Forum’s upcoming annual New Champions conference, commonly nicknamed “Summer Davos”, which will take place later this month.

https://onfido.com/  

eporta have been selected to represent the UK on a trade mission to the US where they will meet with executives from Silicon Valley giants including Google, Apple and LinkedIn.

https://www.eporta.com/

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Portfolio Update - 07.06.2017

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iwoca has been named as one of Europe’s top 50 FinTech firms by reputable judges, including the UK PM’s FinTech Business Ambassador, after being selected from a list of 1,500 competitors.

https://www.iwoca.co.uk/

CensorNet, a SME cybersecurity firm, has successfully integrated Multi-Factor Authentication technology into its offering. Going ahead its clients will benefit from enhanced protection against the growing threat of network breaches, with 81% currently due to weak or stolen passwords, whilst gaining real-time visibility and control of their online applications. 

https://www.censornet.com/

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Luminance has partnered with Cederquist, a leading Swedish law firm, and is now live in 12 countries with 110 global client transactions to date since its launch in September 2016.

https://www.luminance.com/

 

Sources:

https://thefintech50.com/the-fintech-50-2017

http://www.prnewswire.co.uk/news-releases/censornet-creates-unique-offering-with-mfa--uss-integration-626759231.html

http://www.businessweekly.co.uk/news/legal/%EF%BF%BCluminance-lights-cambridge-ip-summit

Portfolio Update - 19.05.2017

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Darktrace successfully fought off WannaCry’s global ransomware attack which is estimated to have infected over 200,000 systems worldwide.

https://www.darktrace.com/

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Talis co-led the $3m seed fundraising round of AKUA, an Internet-of-Things tracking solution for cargo owners with numerous global clients including the US Government.

http://akua-llc.com/

Portfolio Update - 12.05.2017

Darktrace are now approaching a Unicorn valuation after striking a partnership with Siemens to protect the vulnerable critical infrastructure of utilities and energy enterprises.  After recently winning four Stevie Awards including “Fastest Growing Tech Company”, they have now been nominated by the Evening Standard for “Tech Start-up of the Year” as well.

https://www.darktrace.com/

eporta, a B2B trade marketplace, has grown to provide over 1,000 high quality supplier brands under the impressive leadership of their CEO & Founder Aneeqa Khan who led Zoopla’s £1bn IPO at the age of 27.

https://www.eporta.com/

Luminance, a leading AI platform, has had explosive growth since its launch in September 2016 with 110 deployments and shows no signs of slowing down after partnering with Uría Menéndez, a major Iberian law firm.

https://www.luminance.com/

Onfido, a global ID verification start-up operating in 195 countries, continues to assert its dominance with 400% Year-on-Year growth since 2012 and 1,500 clients including Deliveroo, Uber, and Tesco. 

https://onfido.com/

Innovate Finance flies fintech delegation to Davos

Innovate Finance, the independent membership organisation representing UK’s global FinTech sector, is returning to Davos this week with a delegation of members to discuss this year’s theme of Responsive Leadership

NatWest strikes deals to pass on unwanted business

The state-backed lender, which is part of Royal Bank of Scotland, is joining forces with Iwoca, which offers working capital to small businesses, and Together, a property-secured lender, as a way to refer business and commercial customers that do not meet NatWest’s appetite for risk.

The Selfie as Mobile Banking's Fraud Fighter

The Selfie as Mobile Banking's Fraud Fighter

"Financial institutions have reported to have taken weeks to onboard new clients and expect it go up in the future," Celent analysts Arin Ray and Neil Katkov wrote in a recent report. "Some are concerned that a prolonged and cumbersome onboarding process could become a competitive disadvantage."

The hottest machine learning startups in the UK

The hottest machine learning startups in the UK

Four of the biggest AI startup acquisitions of the last five years have come from the UK, starting with Google's purchase of Deep Mind in 2014 for a reported £400 million.

Insurance Tech

Last month Bloomberg London HQ, with the help of Chris Lowe, very kindly hosted the second of Talis Capital's 2016 event series, focusing on "Insurance Tech"

UK cyber security company Darktrace embarks on funding round to secure $400m valuation

UK cyber security company Darktrace has turned to Silicon Valley in a bid to secure funding which would see the company valued at $400m (£283.2m)

The company, which is headquartered in both Cambridge, UK, and San Francisco, USA, was founded in 2013 by mathematics and computer specialists from the University of Cambridge and intelligence experts from MI5 and GCHQ.

A Sentinel That Cuts Through Clutter

It could have taken months for the systems administrators at a large bank in Rome to figure out that one of their servers was talking to Facebook, a red flag given that networks in banks don't need to know how many "likes" they've received. And they might not have noticed the streams of data the server then sent to an array of unknown computers. This kind of threat—coming from inside the network, not from outside its firewall—is difficult to detect.

Darktrace Cyber 'Immune System' Fights Back

At the dawn of a new era where machines fight machines and sophisticated attackers are mobilized, Darktrace is the first company in the world to arm the defenders with proven machine learning and mathematics that work without any prior knowledge of attacks, rules or signatures. With Antigena, Darktrace now spots and inoculates against unknown threats, as they germinate within organizations in real time.

Talis Capital's 16 B2B tech companies to watch in 2016

In 2015, we continued mainly with our established B2B themes: business intelligence SAAS, cyber security and fintech. From 2016, we are adding B2B insurance tech and health tech focuses. Here are the ones we are excited about for 2016.