News
Insurtech PeppercornAI has raised £3.25 million in its latest funding round. The funding, of which Wealth Club raised £1.9 million, included high net worth investors, existing investors EHE Capital, and Angels Invest Wales. The round was heavily oversubscribed despite reports from KPMG showing investment into UK fintech and insurtech was down 34% last year.
Ping Identity released the findings of its new survey shedding light on the concerns of businesses over their fraud prevention strategies in countering AI threats.
An entrepreneur has launched a series of ventures aimed at helping protect the planet by improving the sustainable practices of businesses and individuals.
A poll by business consultancy, GAIN LINE, has revealed a major disconnect between organisational leaders, and their employees. When asked whether employees have an input into critical decisions that affect them, three-quarters of ‘owners’ and 90% of ‘directors’ said ‘yes’. However, when asked the same question, over half of ‘junior’ staff (56%) responded ‘no’, they do not feel they have an input into critical business decisions.
Finnish hyperspectral satellite and AI insights company Kuva Space has secured a €1.8 million contract to join the European Space Agency’s (ESA) Civil Security from Space (CSS) programme. The company will provide advanced hyperspectral situational awareness information to monitor and address civil security and crisis situations.
That’s a wrap on another edition of SME XPO, with the 2024 event attracting nearly 4447 visitors over two dynamic days of networking, learning, and collaboration.
How to Web Conference, the startup and technology conference in Eastern Europe, has announced its recent “How to Web on Tour” event in London.
We want to make the Hustle Awards as transparent as possible, so you believe in the process and so you can truly see those shortlisted are there on merit. Currently, our 15 judges are individually studying all the submissions received in their allocated categories online. The highest scoring submissions will make it through to the judging day on 16th May.
About:Energy, an innovator in battery development software has announced its partnership with McMurtry Automotive, an innovator in electric vehicles, to further enhance the battery technology for their McMurtry Spéirling and Spéirling PURE customer cars.
South Summit Startup Competition Madrid, 2024, co-organised by IE University, is growing globally. The hundred startups that have entered the final phase of the competition have been chosen through a rigorous selection process from more than 4,700 applications from all over the world, a figure that reflects the global profile of the competition. In fact, 81% of the applications come from outside Spain.
AstroLabs, the Gulf’s leading business expansion platform, is pleased to announce the launch of Najm, the first AI-powered Saudi expansion consultant chatbot. The AI technology is designed to offer customised assistance by providing timely, accurate insights, allowing users to tap into vast knowledge repositories related to various aspects of business setup processes in Saudi Arabia, ranging from licensing and softlanding to regulatory frameworks.
DeepL, a global specialist in Language AI, has unveiled its latest offering tailored for businesses, DeepL Write Pro. This new release – DeepL’s first service powered by its own LLM – changes the game for knowledge workers writing any type of business content.
Brite Payments, a pioneer in instant bank payments, has announced the launch of Brite Instant Payments in Germany.
This international hub on cybersecurity, co-funded by the National Institute of Cybersecurity (INCIBE), an entity under the Ministry for Digital Transformation and Public Function, through the Secretary of State for Digitalisation and Artificial Intelligence, and the University of Salamanca, was attended by relevant corporates, investors and startups.
TaxScouts has introduced a rapid, high-quality, and affordable tax filing service for the 5.5 million SMEs in the UK.
This joint programme between the National Institute of Cybersecurity (INCIBE), an entity under the Ministry for Digital Transformation and Public Function, through the Secretary of State for Digitalisation and Artificial Intelligence, and the University of Salamanca took place in Ibiza from 25 to 26 April and included talks, round tables, workshops and a hackathon.
This joint programme between the National Institute of Cybersecurity (INCIBE), an entity under the Ministry for Digital Transformation and Public Function, through the Secretary of State for Digitalisation and Artificial Intelligence, and the University of Salamanca continues its activity in Ibiza from 25 to 26 April and will feature talks, round tables, workshops and a hackathon.
South Summit Madrid 2024, co-organised with IE University, will be held at La Nave in Madrid from June 5th to 7th under the slogan ‘HUMAN by Design’ and will generate an economic impact of almost €35 million, which would imply a growth of 25% over last year’s edition and an average expenditure of €1,572 per visitor. This is one of the main conclusions of the report ‘Socioeconomic Impact of South Summit in Spain 2024’ prepared by PwC, which was released today during the official presentation of South Summit Madrid 2024.
42 Technology (42T) has underscored its company-wide commitment to sustainability and net-zero by signing a commitment to emissions reduction near-term targets with the Science Based Targets initiative (SBTi), the widely accepted benchmark for decarbonisation targets aligned to the Paris Agreement.
Tquila, the global technology venture-building company, has announced the launch and first close of the Tquila Paloma Fund (the “Paloma Fund”), securing $40 million in commitments, which accounts for two-thirds of its target capital raise of $60 million.
