News

Cowbell continues rapid UK expansion with launch of adaptive cyber insurance programme

Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs), has announced plans to further expand its footprint in the UK market with a new senior appointment and launch of its AI-powered cyber insurance programme.

AI triggers deep tech anxiety for senior leaders

An overwhelming majority of business leaders – 94% – admit to “tech anxiety” within their organisation’s senior leadership, according to a new study from Kin + Carta, the global digital transformation consultancy.

Sydney FC uses Storyblok’s CMS to build digital experiences that reignite fan enthusiasm

Storyblok, the content management system (CMS), was used by Sydney FC, one of Australia’s most successful football clubs, to build a digital stadium experience that generates a massive amount of engagement from the fans.

Axithra, a spin-off of imec and Ghent University, raises €10M

Axithra, a new spin-off of imec and Ghent University, has announced a €10 million seed round, securing the first two years of R&D. Axithra develops a technology platform for therapeutic drug monitoring (TDM) to quickly and accurately measure drug concentrations in a patient’s blood.

FutureBank and IDVerse Partner to Fight Cybercrime

The customisable and compliant embedded finance platform, FutureBank, has partnered with digital ID verification company IDVerse (previously known as OCR Labs Global) to further its digital transformation and accelerate customer onboarding through swift and secure digital identity verification (IDV).

Personalised packaging startup Penny Black rides high with added investment

Penny Black, the UK tech startup using innovative marketing techniques to make drab ecommerce packages more rewarding and personalised, has received an additional £1.5 million in seed funding from AGFA, the 150-year-old imaging technology company and VC investor, ninepointfive.

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.

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.

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.

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.

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.

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.

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.