Events start-up Pollen enters administration after raising £124m

Pollen, a taxpayer-backed events start-up, is reportedly on the brink of collapse just months after raising $150million (£124m) in fresh funding.
According to Sky News, the company – which had secured the money through the UK government’s Future Fund – has been seeking a rescue deal for weeks. The outlet said yesterday (August 9) that Pollen could go into administration as early as today (August 10) if it failed to do so.
Sky News cited city sources who claimed that the h