News

World-class investors join Octopus Energy Group as it supercharges growth

Octopus Energy is expanding its global influence with new investors Galvanize Climate Solutions (“Galvanize”) and Lightrock joining its investor base.

Applications Open for Eureka Park at CES 2025

Applications to exhibit at Eureka Park at CES 2025 are now open, offering startups a prime opportunity to showcase their innovations on a global stage.

Kneron Launches Edge AI server and AI-embedded PC with its Edge GPT AI chip

Kneron, the San Diego-based full-stack AI company known for its neural processing units (NPUs), has released its latest Edge AI server and an AI-embedded PC.

NEC X opens applications for batch 12 of Elev X! Ignite programme

NEC X, the Silicon Valley innovation accelerator backed by NEC’s portfolio of advanced technologies, is once again accepting applications for Elev X! Ignite, its venture studio programme that transforms early-stage founders into seed-ready startups.

emerchantpay and TrueLayer Launch Open Banking Payments for UK and Europe Merchants

emerchantpay, global payment service provider and acquirer, has announced a strategic partnership with TrueLayer, a prominent European open banking payments network. This collaboration enables emerchantpay to offer bank transfer payments as an online checkout option for merchants across the UK and Europe.

ESG Impact Grows in Venture: Carbon Accounting Among Startups Nearly Doubles

ESG_VC, an industry initiative enabling startups and their investors to improve ESG performance, has published an analysis of ESG data collected from 587 startups backed by leading venture capital firms including Atomico, Molten, Beringea, Oxford Science Enterprises, and Astanor.

1000 planet positive businesses pitch for £100 million at BE100

Founders of Blue Earth Summit have launched an exciting new competition to accelerate innovation in climate health. 1000 planet positive startups and scaleups are invited to pitch to hundreds of investors with access to £100 million in funds.

New Digital Catapult Cohort to Trial CHERI Cyber Security Tech in UK

Digital Catapult has announced that a new cohort of companies will join Digital Security by Design’s (DSbD) Technology Access Programme (TAP) to trial necessary new cyber security solutions.

Don’t Get Left Behind: How FinOps Can Make or Break Your Business

A recent survey from technology consultancy esynergy indicates that an increasing number of enterprise organisations are turning to FinOps as an approach to significantly optimise cloud spending during times of cost and climate concerns.

Supplai Expands to Saudi Arabia with AstroLabs to Revolutionise Freight Transportation Industry

Supplai, introduces an innovative freight logistics solution, and has expanded to Saudi Arabia with AstroLabs, the Gulf’s leading business expansion platform.

Brevel Launches Commercial Plant for Microalgae Protein Supply

Microalgae protein company Brevel has inaugurated its first commercial plant, a massive 27,000-square-foot facility poised to churn out hundreds of tons of protein powder annually.

Wall Street English Partners with HCLTech to Offer Business English Training

Wall Street English, a company in English language training, announced a corporate partnership with HCLTech, a global technology company, to offer English language courses to IT professionals.

InnoVEX 2024 Attracts 400 Startups from Over 30 Countries & Regions

InnoVEX 2024 is being held from June 4th to 7th 2024 in Taipei Nangang Exhibition Center (TaiNEX) Hall 2. One of the organisers of the event, Taipei Computer Association (TCA) stated that InnoVEX 2024 will focus on AI, Green Tech, Semiconductor Applications, and Smart Mobility; reflecting the current ongoing trends in the tech industry.

Businesses expect growth as activity reaches 2 year high, CBI survey

Businesses are looking forward to growth in the coming months, as activity across the private sector showed its strongest performance in nearly two years.

Reset Connect London 2024: Uniting Global Leaders in Sustainability

Reset Connect London, the sustainability and net-zero event and flagship event of London Climate Action Week, will return to ExCeL London on 25-26 June 2024.

Cypriot Entrepreneur Revives Legendary Olympic Airways Aircraft Mount Olympus

In the presence of Greek Government Ministers, Municipal Authorities, the business community of Greece and Cyprus, and media representatives, the ceremony for the official unveiling of the historic Olympic Airways aircraft, “Mount Olympus” Boeing 727, took place at the Sourmena Stadium in Elliniko.

Delta.g appoints Tony Lowe as CEO

Delta.g, the deeptech startup developing quantum-enabled gravity gradiometry solutions to create ‘Google Maps for the underground,’ has appointed Tony Lowe as Chief Executive Officer to accelerate the commercial application of its technology.

UK SMEs Underestimate Financial Impact of Cyberattacks on Their Business

UK SMEs yet to experience cyber-attacks underestimate financial impact by nearly £85,000, finds Sky Business Research.

National Enterprise Network Appoints blip as First Official Patron

blip, a specialist small business insurance provider, has partnered with the National Enterprise Network (NEN). blip became the first official patron and business insurance provider for all NEN members.

Monzo reports first annual profit since launch

Monzo has reported its first annual profit since launching nearly a decade ago. The London-based fintech has benefited from higher interest rates and growth in transaction fees and subscriptions.