News

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.

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.

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.

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.

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.

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.

Neteera raises an additional $6.7M Series B Extension

Neteera Technologies, an Israeli-based startup disrupting the contactless patient monitoring market, has announced the successful closing of a $6.7 million Series B extension. The round was led by Aescuvest, a healthcare investment firm, alongside Foxconn Technology Co (FTC), an associate of Hon Hai Precision Industry, a large electronics manufacturer globally.