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.
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.
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.
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.
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.
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.













