News
Advanced Ionics, the developer of a new category of hydrogen electrolysers useful for expanding green hydrogen production, closed a $12.5 million Series A financing led by bp ventures, with additional investors including Clean Energy Ventures, Mitsubishi Heavy Industries, and GVP Climate.
AI could have a greater impact on the UK than the Industrial Revolution and play a key role in accelerating government decisions, according to Deputy PM Oliver Dowden. Reports from earlier this year found that around the world, as many as 300 million jobs could be impacted, generating new ones or wholly automating them.
Robin AI, the legal AI startup, has introduced The Legal Dictionary, a free tool available to anyone who needs access to high quality, common legal clauses for their commercial agreements. The Legal Dictionary was generated using a large language model (LLM), that has been fine-tuned with proprietary contract data, and then verified by Robin AI’s in-house team of legal experts.
In the fast-evolving realm of LFP battery cell production, Europe stands at the forefront of innovation, catching the attention of savvy venture capitalists and private equity investors attuned to global dynamics. Within the continent lies a world-class research ecosystem, spanning diverse deep tech and engineering faculties focused on renewable energy and battery technologies.
Business software companies bucked a trend in the overall technology economy and, despite a wider downturn, had a 7.4% increase in investment to over $40 billion in 2022. Meanwhile, the European technology sector as a whole saw a drop of nearly 19% in the same period.
Artificial intelligence training is as important for students as maths and English according to Multiverse, the training company set up by Tony Blair’s son.
UNTIL, home to London’s health and wellness professionals, has announced Steven Bartlett as the company’s new Marketing Co-Founder following his latest investment into the sector, worth £3.5 trillion globally.
A study of 500 businesses which sell on the web found they are being hit by fees of approximately 3% from traditional payment processing firms for each transaction.
This week, Zoom Video Communications has opened its new London Engagement Hub to spearhead the shift from traditional office spaces to experiential working hubs, supported by its industry-leading technology. With the demand for hybrid and remote capabilities giving rise to unconventional ways of operating, Zoom has designed its new office to support the changing nature of the employee experience, marking a new era of modern work.
The UK economy has avoided stagnation with 0.2% growth in Q2, showing a modest rebound between April and July, which includes a 0.5% growth in the month of June alone, significantly outperforming forecasts, the Office for National Statistics reports.
Quinas Technology, the spinout from Lancaster University formed to commercialise ULTRARAM memory, has been named as Best of Show in the Most Innovative Flash Memory Startup category at the Flash Memory Summit in Santa Clara, CA, the world’s largest independent storage and memory conference.
Kuberno, the global legal entity management SaaS provider for corporate secretariat, legal teams, and governance professionals, has announced the appointment of Naz Sarkar as Chair and Independent Non-Executive Director.
Small business support platform and membership organisation Enterprise Nation has today/August 10, launched its own annual fund in partnership with TikTok to offer financial assistance and mentoring to the brave businesses that are relentlessly driven by their values.
Stocks of WeWork, the once widely acclaimed office space-sharing company, has experienced a sharp decline after it raised “substantial doubt” about its future.
ShapesXR, a VR design and collaboration platform, has secured a $8.6 million Seed Round led by Supernode Global. Triptyq VC, Boost VC, Hartmann Capital, and Geek Ventures also participated in the round.
Elite Business, the business publication dedicated to inspiring Britain’s SMEs, continues its nationwide tour broadcasting live for free at the UK’s best expos.
Plastics are super-versatile and an essential part of our everyday lives, yet even today they often end up being incinerated. A more sustainable plastics economy is needed. Global plastics specialist igus is pursuing this goal with its “chainge” recycling platform, which recycles used energy chains. Now igus has invested in the startup company cirplus to pursue the common vision of closing the plastics loop and initiating a revolution in the trade of technical and standard thermoplastic recyclate or recycled plastic stock.
The architecture, engineering and construction industry has undergone significant changes in recent years yet one major challenge they face is the slow and costly manufacture of large components as part of their installations. Enabling the industry to move faster and efficiently, SAEKI has today launched from stealth with a $2.3 million seed funding round to create fully automated plants with industrial robots using 3D technology to create anything from wings for aircraft to construction site installations.
Momentum, the pioneering business event that bridges the gap between business needs and mindset support, is thrilled to announce the highly anticipated return of “Momentum – A Night At The Museum.” Building upon the resounding success of their inaugural event in January, Momentum is set to deliver an even more extraordinary experience for entrepreneurs, business owners, and professionals seeking inspiration, growth, and valuable connections.
Cherish PR, a Wilful Group company and one of the UK’s agencies for tech and innovation has announced the launch of its Communications Accelerator Programme to celebrate its 20th anniversary, which is now open for applications from scaleups from all over the globe until 31st October 2023.
