News

Volvo Cars Tech Fund invests in power electronics startup Leadrive

Volvo is on the road towards becoming a fully electric car maker by 2030, an important focus area for its technology investments and R&D spending is e-motors, inverters and overall electric drivetrain optimisation.

Women happier after starting businesses

The desire for greater flexibility is the biggest driving force behind women starting businesses in the UK, as new research from Small Business Britain highlights most women are happier after starting their own businesses.

Zoom introduces Notes

Zoom has announced the introduction of Notes, a new workspace to create and collaborate before, during, and after meetings. Notes allows users to create and share content within a Zoom Meeting and collaborate with others on the call for real-time inputs—eliminating the distraction of jumping between Zoom and third-party documents and tools.

GenAI overtakes Cloud as top IT business priority

Generative AI has overtaken cloud as a global enterprise IT priority according to new research from IT analyst firm Enterprise Strategy Group.

The University of Dundee named top institution for spinout success

In Octopus Ventures’ latest report, the University of Dundee has been named as the top university for spin-out success. This ranking was determined by factors such as patents, spinouts created and recent portfolio success, which for Dundee, included the £2.2 billion IPO of Exscientia on the US NASDAQ, one of the largest ever UK university exits.

Shop and Swap: Swobbee launches online store for rental batteries

The Berlin-based climate-tech startup Swobbee is expanding its service to include an online shop for rental batteries. The company is thus evolving into a comprehensive battery service provider for micromobility.

Embracing AI Tools: UK Small Businesses Call for Support and Learning

New research from Xero, the global small business platform, has revealed that UK small business owners are concerned that AI development is outpacing regulation and a third (32%) want more training and resources to support AI adoption, as generative AI tools permeate various industries and the workforce.

Top SaaS startups two years ahead of their counterparts in road to $1M ARR

ChartMogul, the Subscription Analytics Platform for growing Software as a Service (SaaS) businesses, reveals that top-tier SaaS startups reach $1 million Annual Run Rate (ARR) almost two years faster than the median SaaS enterprise.

Adsorbi recieves funding for indoor air purifying with cellulose-based material

Swedish startup Adsorbi AB has secured €360,000 in seed funding from Metsä Spring, Chalmers Ventures, and Jovitech Invest for its cellulose-based air purification material that can be used in air filters and odour removal products.

Paige beta launch its AI Assistant for web development and editing

Paige, an AI startup, has announced the beta launch of its AI Assistant for website editing. This is a tool designed to change the approach to the web development process.

NexGen Cloud Launches Hyperstack to Deliver On-Demand GPU-Accelerated Cloud Solution

NexGen Cloud, the sustainable Infrastructure-as-a-Service provider, has launched Hyperstack, an NVIDIA GPU-accelerated cloud platform that enables direct-to-compute, GPU-accelerated cloud access for the European market.

Voxel AI tech increases funding to $30 million

Every year over 340 million workers suffer a workplace injury: slips and falls, strains and sprains, vehicle collisions and crashes. Voxel, an AI startup using computer vision to transform safety and operations in the workplace, has announced a $12 million strategic funding round to improve workplace safety and save lives.

REVEALED: Lineup of IT pioneers and practitioners navigating the next realm of digital and AI

The agenda for DTX + UCX Europe has been announced as experts from the biggest brands gather at the London ExCeL to share their roadmap for digital transformation in the AI era.

FuturePlus Selected by Barons Eden Group to Tackle Sustainability Challenges

Sustainability management and ESG reporting platform FuturePlus has been appointed by multi award-winning UK hotel and spa company, Barons Eden Group, to help it track, measure and improve its sustainability performance.

Exchange welcomes successful alumni as mentors to sixth Manchester cohort

Tech scaleup support programme, Exchange has welcomed a bank of new additions to its mentor and advisory network including three successful alumni entrepreneurs, as it onboards its sixth cohort of early-stage businesses.

Canva Celebrates 10 Years of Empowering the World to Design

Canva, the all-in-one visual communication platform celebrates the 10-year anniversary of Co-Founders Melanie Perkins, Cliff Obrecht and Cameron Adams launching Canva with the ambitious mission to empower the world to design.

Lithuania should seize foreign direct investment advantage

Lithuania needs to harness “the enormous power” of international investment to boost its economic opportunities in an increasingly globalised world, says serial global investor Nigel Green.

London becomes home to 16,260 new businesses – highest record in the UK

The business experts at Forbes Advisor have conducted an analysis of the most recent UK business demography statistics report from the Office for National Statistics.

Navian Announces Partnership with Address, a Real Estate Startup

Navian, the 2023 Nordic PropTech Awards winner, has announced a strategic partnership with Address, an impact-focused Norwegian real estate company revolutionising homeownership access through their unique Rent-to-Own programme.

Michelle Obama named as brits’ dream boss

A new survey has revealed that Michelle Obama is the UK public’s dream boss.