News

FundMyPitch raises £5.7m to fuel SME growth

FundMyPitch (FMP), a platform that connects investors with investment-ready companies seeking funds in order to kickstart their ventures, has helped raise nearly £6m in funding for entrepreneurs using its platform in its first year of trading.

Startup growth planning – How your customer database can become your secret weapon

As an owner of a growing business, you’ll no doubt be constantly generating ideas for new business and increased order volumes. In this ongoing quest, with many novel platforms and approaches coming to the fore, it may be easy to lose sight of more traditional routes to sales. 

Quarter of UK workforce expect to quit in next 12 months
Quarter of UK workforce expect to quit in next 12 months

Nearly one in four UK workers (23%) expect to change jobs within the next twelve months – up from 18% in 2022 – according to PwC’s Workforce Hopes and Fears survey, in a sign that the ‘Great Resignation’ is far from over.

Yalla wins the Jury Award at the WMF Startup Competition and flies to San Francisco. Awards were also given to Cyrkl and Wallife

The six finalists of the WMF Startup Competition, the largest international startup competition competed on the Mainstage in front of an audience and jury from all over the world. Yalla – selected from thousands of applications from around the world – the winner of the Jury Award, secures the Prize offered by Pegasus Tech Ventures: access to the Startup World Cup Finals, scheduled in San Francisco (USA), with a grand prize of 1 million dollars in direct investment. The Czech startup Cyrkl and the Italian startup Wallife were also awarded.

Blueshift Memory and Crypta Labs cybersecurity collaboration
Blueshift Memory and Crypta Labs cybersecurity collaboration

Blueshift Memory, designer of a novel proprietary high-speed memory architecture, has signed an agreement with Crypta Labs, developer of a quantum random number generator (QRNG) for resilient encryption, to create a cybersecurity memory solution that will be capable of countering threats from quantum computing.

Kuva Space awarded €5M commercial contract

Finnish Earth observation company Kuva Space has been awarded a five-year commercial contract worth €5M to be the world’s sole provider of hyperspectral data services for the European Commission’s Copernicus Contributing Missions (CCM) programme.

Cyted’s cancer detecting device rolled out to NHS patients
Cyted’s cancer detecting device rolled out to NHS patients

From last weekend, a new test to detect and help prevent early signs of oesophageal cancer has been delivered to NHS patients. The diagnostic company Cyted has launched the Heartburn Health Check programme as part of an NHS-funded rollout, set to benefit more than 80 locations across the UK.

Three in five have started suffering from workplace stress this year

Three in five employees have stated that their mental health has declined this year as a result of workplace stress.

Tech entrepreneur to lead UK’s AI Foundation Model Taskforce

The tech investor, entrepreneur and AI specialist Ian Hogarth has been announced as the Chair of the Government’s Foundation Model Taskforce, reporting directly to the Prime Minister and Technology Secretary.

Work-life balance prioritised: businesses warned that lack of flexibility could lead to employee turnover

Despite ongoing calls from business and government leaders for a reduction in working from home, employees have ranked flexible hours and working location amongst the top benefits they seek from their employers.

German Startup Cup goes to cyber resilience specialist ONEKEY

Several dozen cybersecurity startups had applied, three were selected in digital selection rounds to pitch on stage in front of audience and jury at the final of the German Startup Cup.

New data shows the party isn’t over for Tupperware-style startups

New data released today by the UK Direct Selling Association (DSA) has outlined a significant (36.4%) increase in the number of people joining direct selling brands in the first quarter of the year as people seek to boost household incomes amidst the cost-of-living crisis.

Almost half of all Brits have joined a virtual meeting from the bathroom

Jugo has released survey data that unpacks British workers’ current virtual habits, including the worst behaviours during digital meetings, as well as the public’s thoughts on the do’s and don’ts of virtual etiquette. 

First of its kind payment technology for the Metaverse and beyond

Xavatar, the AI-driven entertainment tech company has announced a partnership with Fexco Group to deliver payment technology in the Metaverse.

RTVE, Gonvarri Industries and AI applied to cardiac health, among the winners of the European Digital Mindset Awards 2023

Innovation was the star of the seventh edition of the European Digital Mindset Awards 2023, the awards presented at the Digital Enterprise Show (DES) to recognise companies and organisations that are committed to disruptive technologies in their business model. The awards, which distinguish disruption in customer experience, IT management, digital business models, or sustainable strategies fostered by technology, received more than 250 nominations, confirming the digitisation of the business fabric.

Tech-Xpo 2023 unveils cutting-edge technology startups

Sixteen startups will promote their innovative technologies to an audience of influential investors and business leaders at Bristol’s Tech-Xpo 2023 on 28 June.

Women hold just 10% of executive roles at FTSE Firms

Women occupy just 10% of executive roles at FTSE firms, excluding company secretaries, according to an analysis of Companies House data.

Eurora appoints James Doyle to spearhead entry to the LATAM

Eurora Solutions, a provider of leading AI/ML-backed cross-border e-commerce compliance platform, announces the appointment of James Doyle as CEO of its Latin American (LATAM) operations, marking Eurora’s strategic entry to the world’s fastest-growing retail e-commerce region. 

Heightened risk of insider threats during cost-of-living crisis

Nearly half of UK SMEs (47%) believe they are at greater risk of a cyberattack since the onset of the cost-of-living crisis. Of these respondents, 38% believe this is due to increased malicious insider threats (i.e., disgruntled employees making decisions that are not in the best interest of the company) and 35% believe it is due to negligent insider threats (i.e., overworked or distracted employees making mistakes).

White Label World Expo Frankfurt: Europe’s leading and most influential event

We are proud to announce that we partnered up with  White Label World Expo Frankfurt – Europe’s leading and most influential event where you can network with dedicated to white label professionals, online sellers and suppliers! On the 11th & 12th of October 2023 at the Messe Frankfurt, Germany, thousands of visitors will be looking for unlimited opportunities to scale their business to the global market.  The event is a perfect destination for white label leaders and like-minded eCommerce pioneering sellers immersing themselves in the ultimate platform to connect with business owners and increase profits!