News

Kuva Space raises €16.6M funding round to launch its microsatellite constellation

Finnish Earth observation company Kuva Space has successfully raised €16.6 million in funding. The funding round was led by existing investors Voima Ventures and Nordic Foodtech VC, with Singapore-based Earth VC also participating.

Everywoman Entrepreneur Awards 2023 finalists announced

Extraordinary women from across the country have been unveiled as the 2023 finalists in the UK’s longest-running recognition programme for female entrepreneurs.

Syz Capital and Saturnus Capital take majority stake in Capture Media

Syz Capital, the boutique private markets investment specialist, has announced that it has made a strategic controlling investment in Capture Media, a Swiss player in digital media and analytics solutions.

South Summit Industry & Energy Bilbao will bring together the protagonists of these sectors on 23 and 24 November

There is less than a month to go until  South Summit and Biscay Startup Bay hold South Summit Industry & Energy Bilbao, the meeting for the entrepreneurial ecosystem of the Industry 4.0, Energy Transition, and Mobility sectors. On 23 and 24 November, the B Accelerator Tower (BAT) international entrepreneurship centre in Bilbao will bring together the main leaders, startups, and experts in the industry, energy, and mobility sector to discuss the trends, opportunities, and challenges of entrepreneurship in these sectors.

UK SMEs at risk of falling behind global AI adoption

A report conducted by HR technology scaleup Employment Hero reveals that UK SMEs are at risk of falling behind in the global race for AI adoption.

One in three small businesses now using AI

Over a third (38%) of small businesses have used, or are considering using, AI according to new research from Small Business Britain and the global hiring platform Indeed that underlines the growing appetite for the nation’s 5.5 million small businesses to embrace cutting-edge technology.

Steven Bartlett’s BBC Maestro: 16 Steps to Start and Scale a Multi-Million Pound Business

Steven Bartlett is the latest name set to join BBC Maestro’s online platform of world-class experts. His course, The 16 Steps to Start and Scale a Multi-Million Pound Business, will provide insights into the mindset of successful entrepreneurs and explore the key stages of building a business.

WeWork to file for bankruptcy, report claims

WeWork plans to file for bankruptcy as early as next week, according to reports, as the SoftBank Group-backed company struggles with a massive debt pile and hefty losses.

Cedar raises $3m to take on US housing crisis

The US housing market is short 6.5 million homes after more than a decade of under-building relative to population and demand growth. Cedar has announced a $3 million seed funding round to take this problem head on, with software that helps real-estate developers and professionals maximise the housing potential of urban infill properties.

UK climate tech startup Levidian expands into Middle East

UK climate tech startup Levidian has announced its first international expansion with the establishment of a new base in Abu Dhabi.

iQ3Connect receives seed investment from NOVA Prime Fund

iQ3Connect, a provider of a web-based immersive training and collaboration platform, has announced a seed round of funding through the NOVA Prime Fund, a venture capital fund created by global innovator LG Electronics.

Mangopay granted UK e-money license

Mangopay, a platform-specific payment infrastructure provider, has announced that it has been authorised by the Financial Conduct Authority (FCA) as an Electronic Money Institution (EMI).

One in three small businesses now using AI

Over a third (38%) of small businesses have used, or are considering using, AI according to new research from Small Business Britain and the global hiring platform Indeed, which underlines the growing appetite for the nation’s 5.5 million small businesses to embrace cutting-edge technology.

AI wearables at Fashion Week
AI wearables at Fashion Week

Humane, a startup founded by ex-Apple design and engineering team Imran Chaudhri and Bethany Bongiornio, revealed its first AI device, the Humane AI Pin, at Coperni’s Paris Fashion Week show, ahead of its official unveiling on November 9th.

Ryft helps easyFood make restaurant onboarding simple 

easyFood has partnered with Ryft as part of its plans to onboard more restaurants onto its platform. The food delivery business, which forms part of the easyGroup is using the UK-based payment provider’s payment infrastructure to bring new franchise partners onto its system more rapidly than ever before. 

UK can become “pioneer of responsible AI innovation” but must boost business uptake

Government urged to prioritise the development of industry ethical frameworks to boost business confidence and make the UK a global pioneer in responsible AI innovation – ahead of the inaugural UK AI Safety Summit.

Announcing Gregor Dobbie as CEO of the Fintech and Payments Advisory network

The Fintech and Payments Advisory Network (TFPA) announce the next stride in its ambitious growth journey with the appointment of a heavy weight executive team.

Latest AI tech can save households up to 30% on electricity bills

The average UK household could save an average of £285 next year on their electricity bills using the latest home energy monitoring sensors, says UK-based energy startup Voltaware.

SMEs owners have a “good understanding” of AI – but major barriers still exist

New data from small business lender iwoca reveals that while more than half of SME owners (55%) feel they have a good understanding of AI, the majority are nervous about how it will impact their business.

$15,000 startup pitching competition announced for Newconomics Lisbon

Newconomics, the brand new web3 event in Lisbon this November is running an exciting startup pitch competition where participants can win a share of $15,000 to get their business off the ground.