News

Westminster Council launch campaign for rent-free Oxford Street shops for small businesses

Small businesses are being offered the chance to take over a shop on Oxford Street, rent-free, as part of a new project launched today by Westminster City Council, in partnership with New West End Company.
 

Secure Code Warrior completes $50M Series C Funding Round

Secure Code Warrior, the agile learning platform for developer-driven security providers, today announced it closed its Series C funding round, led by Paladin Capital Group. At $50M USD, this marks the largest investment since the company’s inception, bringing its total funding to date to over $100 million USD.

Phrase secures €12m debt financing

CIBC Innovation Banking has announced that it has provided €12 million in debt financing to Phrase, a global cloud-based localisation software provider, headquartered in Prague, that helps brands localise and translate content more efficiently and manage the end-to-end process at scale.

How management training is helping drive UK’s small business growth

The government’s Help to Grow: Management course is helping SMEs up and down the UK to drive growth by supporting them to develop management skills and resilience to future shocks.

Carly officially launches in the UK
Carly officially launches in the UK

Carly, the CarTech company that directly connects drivers with their car’s under-the bonnet data, has launched their hotly anticipated Universal Onboard Diagnostic Scanner in the UK, following significant success and over two million users across Europe and the US.

Seraphim Space Accelerator Opens Applications for Mission 12

Seraphim Space, known as Generation Space in the US, which runs the dedicated accelerator for global startups in the SpaceTech industry, has opened its applications for its 12th cohort (Mission 12).

Brite Payments appoints new COO and CFO

Signalling that it has entered the next phase in its rapid growth, Brite Payments has announced the appointment of Alexander Kassai as Chief Operating Officer and Fredrik Strömqvist as Chief Financial Officer.

Octopus Group launches Springboard to accelerate new businesses

Octopus Group, a group of entrepreneurs and investors backing the people, ideas and industries that will change the world, has announced the launch of Springboard, a programme aimed at creating and accelerating new businesses across the UK and Europe that will help to solve society’s biggest problems.

Wing Cloud Raises $20M in Seed Funding

Wing Cloud, the company behind the open-source Wing Programming Language (Winglang), launched out of stealth with $20 million in seed funding led by Battery Ventures, Grove Ventures, and StageOne Ventures; with participation from Secret Chord Ventures, Cerca Partners, and Operator Partners. Angel investors include Amit Agarwal, President at Datadog; Armon Dadgar, Co-Founder and CTO of HashiCorp; Benny Schnaider, Co-Founder of Salto; Zack Kanter, Founder of Stedi; and other industry leaders.

The future looks bleak for UK SMEs

A new report has revealed that more than a quarter (26%) of small business owners in the UK believe that they will be forced to cease trading if the outlook for their business does not improve – a potentially detrimental blow to the UK economy.

UK Prime Minister unveils Business Council

Prime Minister Rishi Sunak has launched a new Business Council to fuel economic growth and make the UK a leading hub to do business.

The Hustle Awards this week

The startups event of the year is back! Taking place this Thursday, 20th July, at the Steel Yard, The Hustle Awards are not to be missed.

One Young World announces 2023 entrepreneur of the year

One Young World, the global community for young leaders, has announced the winners of its global Entrepreneur of the Year Award, this year supported by TFG Asset Management.

The Growing Effect of 5G Connectivity on British Businesses

Business leaders are urged to keep a close eye on 5G availability, as the UK gears up for the Public Switched Telephone Network (PSTN) Switch Off and will soon rely solely on the internet for phone calls. Yet, new analysis suggests some UK businesses may struggle with connectivity post-Switch Off as the 5G rollout has been so slow.

Hands In and inai Reshaping Digital Payments Landscape

Hands In, the group payments solution provider, is excited to announce its strategic partnership with inai, the APAC regional payment specialist. This pioneering collaboration aims to spearhead transformative growth in the travel, leisure, and hospitality sector, offering innovative payment solutions to clients in Europe and expanding into the Asia-Pacific, Australian, and China (APAC) markets.

Swiss-German startup Timly enters UK market

“We have shrunk their repair times from weeks to days, and even to just a few hours” is what Fitim Mehmeti Co-Founder & CSO of Timely, the Swiss-German based, pan-European inventory management startup said it saved HAUSER refrigeration technology in Austria in its first year. Now, having grown to over 300 clients across Europe serviced by a 30+ team, it is coming to the UK to help our businesses do the same.

UKG acquires Immedis

UKG, a provider of HR, payroll, and workforce management solutions for all people, has completed the acquisition of Immedis, a global payroll provider with technology and services supporting more than 160 countries and 120 currencies.

CES Unveiled Amsterdam and World Summit AI join forces in October Summit

The Consumer Technology Association (CTA) and InspiredMinds ™ flagship product World Summit AI (WSAI), one of the world’s leading AI events, are announcing a new partnership to co-locate CES Unveiled Amsterdam at global tech summit – World Summit AI this October.

Ringover receives recognition from G2 for sixth consecutive quarter

Cloud communications and contact centre provider Ringover, has announced that it has been rated a High Performer in the G2 Grid Report for Contact Centre, Call Tracking, and VoIP Services for Spring 2023.

Investing platform Public launches in the UK

Public, a US-based multi-asset investing platform, has launched in the United Kingdom, entering its first market outside the United States. With the firm’s UK expansion, Public aims to be the preeminent place to invest in US-listed equities, offering over 5,000 stocks, deep data and insights, and a simple and transparent fee structure with zero commission trading and low FX fees.