News

Conversational AI insurtech PeppercornAI raises £3.25M

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.

UK businesses have lowest global confidence in tackling AI threats

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.

Pioneering entrepreneur launches ventures to help protect the planet

An entrepreneur has launched a series of ventures aimed at helping protect the planet by improving the sustainable practices of businesses and individuals.

More than £6m AI upskilling fund launched to help SMEs

Starting from 1 May, SMEs across the UK are invited to apply for a share of a £6.4 million fund aimed at enhancing their workforce’s AI skills, thereby increasing productivity and efficiency.

Leaders need more clarity on UK AI regulation
Leaders need more clarity on UK AI regulation

As the UK government shows signs of accelerating the regulation of AI locally, Vanta has released new data from its State of Trust study revealing that over half of UK leaders (56%) say they would be more likely to invest in AI if the technology was regulated.

Accounts Payable professionals willing to pay more for automated payments

New research from embedded finance specialist Weavr reveals that a staggering 94% of Accounts Payable (AP) professionals would prefer their AP software to be able to execute payments, not just prepare them.

The best European countries to work in SEO revealed

The UK is the best country in Europe to work in search engine optimisation (SEO), a new study has found.

UK’s most significant insurtech centres, outside of London, revealed

A fintech report* released last week has revealed one of the UK’s most flourishing insurtech hubs outside London.

The presence of startups from the United Kingdom, Germany, the US and the Region of Latin America grows among the 100 finalists of the Startup Competition 2024

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.

Business Leaders Out of Sync with Workforces on Understanding and Decision-Making

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.

Kuva Space awarded €1.8M contract to join the ESA’s Civil Security from Space Programme

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.

SME XPO 2024 in its third year is a success

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 on Tour Conference London

How to Web Conference, the startup and technology conference in Eastern Europe, has announced its recent “How to Web on Tour” event in London.

Entries in. Judging begins!

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 enters technical partnership with McMurtry to enhance battery technology

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.

AstroLabs Unveils AI-Powered Consultant Chatbot to Support Expansion of International Businesses to Saudi Arabia

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 launches new AI-powered offering, DeepL Write Pro

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 launches instant payments in Germany

Brite Payments, a pioneer in instant bank payments, has announced the launch of Brite Instant Payments in Germany.

CYBER-SHUBE PROJECT SUCCESSFULLY TURNS IBIZA INTO THE INTERNATIONAL CAPITAL OF INNOVATION IN THE FIELD OF CYBERSECURITY

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 extends self-assessment model to support LTD companies

TaxScouts has introduced a rapid, high-quality, and affordable tax filing service for the 5.5 million SMEs in the UK.