News

Wazoku joins Italian Open Innovation Lookout Observatory

Global innovation scaleup Wazoku has joined the Italian Open Innovation Lookout Observatory, an initiative from the School of Management at Milan Polytechnic. This programme aims to help companies explore and harness the potential of the Italian Open Innovation ecosystem.

Innovate or stagnate: innovation consultancy urges government to revive UK business

Ayming, one of Europe’s largest innovation funding consultancies, has launched its first Manifesto for Innovation. This initiative aims to persuade the UK’s new Labour Government to revamp the nation’s lacklustre innovation strategy.

Students pitch e-waste recycling solution at global competition

A team of students from Nottingham Business School recently pitched an innovative solution to the mounting problem of electronic waste at a global entrepreneurship competition.

Digital Catapult drives sustainable innovation with Made Smarter Innovation Sustainability Accelerator

Digital Catapult has announced the inclusion of eight pioneering tech companies in the Made Smarter Innovation Sustainability Accelerator. This initiative aims to enhance resource and energy efficiency in UK manufacturing.

Demand for open banking grows as consumers prioritise security and privacy

Emerchantpay, a global payment service provider and acquirer, has released new research unveiling the key factors influencing consumer choices for online payments. Top concerns include security (60%) and privacy (41%), followed by speed (38%) and efficiency (34%).

Lawtech builder accelerator to drive legaltech innovation

LawtechUK has opened applications for its Lawtech Builder accelerator programme, aimed at helping current and aspiring founders in the UK turn their innovative ideas into successful lawtech products. This free programme will run from 17th September to 3rd December 2024, offering ten interactive online sessions led by industry experts and experienced founders.

Zoom unveils no-code Workflow Automation to enhance workplace efficiency

Zoom has introduced Workflow Automation in beta, aiming to enhance efficiency and minimise the time spent on repetitive tasks.

Colossal’s mRNA vaccine administered to elephant at Houston Zoo

Colossal, the de-extinction startup, has announced a significant milestone: the administration of the first mRNA vaccine to an elephant in captivity, a result of its research support and funding acceleration.

Unlikely AI announces senior hires and reveals first detail about its gen AI platform

Unlikely AI, the British startup founded by William Tunstall-Pedoe, has proudly announced key executive appointments and unveiled details about its generative AI platform.

UK tech executives confident in AI skills despite adoption challenges, divided on ROI

Research from IT consultancy Zartis has highlighted potential overconfidence among UK tech executives regarding their organisation’s AI roadmap. A significant 85% of these executives rated their workforce’s AI knowledge and expertise as ‘skilled’, with over half (51%) considering it ‘highly skilled’. Despite this confidence, many executives expressed concerns about barriers to further AI adoption and were divided on the return on investment (ROI) of AI initiatives.

“Synechron Nexus Plus” AI accelerator programme launches to propel corporate growth

Synechron, a global digital transformation consultancy specialising in financial services and technology, has unveiled its Synechron Nexus Plus Accelerators Programme. This initiative introduced five AI-driven solutions aimed at addressing key business and operational challenges, enhancing capital raising, corporate development, and public ownership processes.

DeepL Write now includes Spanish and French to enhance global business communication

DeepL, a global language AI company, has expanded its AI writing assistant, DeepL Write, to include Spanish and French. Initially supporting English and German, the addition of these two major languages enhances its service for global businesses, enabling them to maintain consistent, on-brand communication while retaining their unique voice.

Manchester tech entrepreneur awarded honorary degree

Scott Fletcher MBE, the Manchester-based founder and former chair of ANS Group, has been awarded an honorary degree by the University of Salford Business School.

FFplus opens call for business experiments and innovation studies using HPC and AI

High-performance computing (HPC), AI, and high-performance data analytics (HPDA) present immense opportunities for innovation and competitiveness among European SMEs and startups. FFplus, with a budget of €30 million, is now inviting proposals from companies keen on conducting business experiments and innovation studies to elevate their products, services, and operations.

New data shows alarming decline in late-stage climatetech funding

New insights from Sightline Climate’s intelligence platform reveal a concerning decline for climatetech in both the number of deals and their sizes, especially during later growth stages.

Vizient-Greenly partnership boosts greenhouse gas data solutions for providers and suppliers

Vizient has announced a strategic alliance with Greenly, a prominent carbon accounting platform provider. This partnership aims to enhance Vizient’s Climate Performance Solutions by integrating comprehensive greenhouse gas data collection, analysis, and reporting capabilities.

MyAlice Expands Operations to Saudi Arabia with AstroLabs to Revolutionize Customer Engagement in E-commerce Sector

MyAlice, a leading omnichannel customer support and engagement solution provider, has expanded operations to Saudi Arabia with the help of AstroLabs, the Gulf’s leading expansion platform and launched its Riyadh headquarters.

New Innovation Park for startups announced for ISE 2025

Integrated Systems Europe (ISE), the pro AV and systems integration event, has unveiled its new Innovation Park for ISE 2025.

Fintech Ryft enhances Charac with strategic payment partnership

British payments fintech, Ryft, has teamed up with digital pharmacy platform, Charac, to offer its marketplace payment system, slashing processing fees for independent pharmacies by over 30%. https://startupsmagazine.co.uk/article-ryft-partners-amex-drive-efficient-payments

The Hustle Awards: limited tickets available

There’s still time to grab a ticket to the much-anticipated Hustle Awards, which will be taking place next week (18th July) at The Steel Yard, honouring the achievements of startups, scaleups, and entrepreneurs from various sectors.