News

AstroLabs and Australian Fintech Innovator, Lakeba Group Join Forces to Shape the Future of Technology

In a global collaboration, Australian company Lakeba Group, and AstroLabs, a leading business expansion platform in the MENA region, have joined forces to usher in a new era of AI and technology innovation in the region.

Nu Quantum secures £7M to build networking infrastructure for quantum computers

Nu Quantum, the Cambridge-based quantum networking company, has announced that it has raised £7 million in a pre-series A round.

Bletchley Park outcomes: AI biggest threat to humanity

The global AI safety summit unveiled huge concerns highlighting that the technology poses a potentially catastrophic risk to humanity as worries around highly advanced forms of AI, with as-yet unknown capabilities, are put forward under a landmark declaration from countries including the UK, US, EU and China.

MACH37 Cyber Accelerator Reveals Startups for 10th Anniversary Cohort

MACH37, the accelerator for information security entrepreneurs and cyber startups, has announced the launch of its 16th cohort. Since 2013, MACH37 has been a significant player in the early-stage startup and tech community.

Canva’s $50M Developer Innovation Fund to Accelerate App Ecosystem

Canva has announced the opening of applications for its $50 million Developers Innovation Fund to provide financial support and incentives to developers. The Innovation Fund aims to reward developers who share Canva’s goal to democratise design and foster a diverse marketplace of free-to-use apps on Canva.

Workspace Design Show announces first names for speaker programme

Following on from successful shows in both the UK and the Netherlands this year, Workspace Design Show is pleased to announce the first names to be added to the speaker programme for its London 2024 show.

Enate unveils Intelligent Document Processing release for service operations

In a new update, Enate has introduced Intelligent Document Processing (IDP) to its suite of AI features, changing the landscape of operations management.

Dashtoon secures $5M to bring comic creation to the masses

The advent of text-to-image AI diffusion models uncovered a promising opportunity for the digital comics landscape, akin to the transformative impact of high-quality camera phones and the rise of platforms like Instagram and TikTok.

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.

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.

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.

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.