News
Elkstone, the Irish investment house, has announced that the Ireland Strategic Investment Fund (ISIF) has committed to anchor the final close of its €100 million Early-Stage Irish Venture Fund. With Enterprise Ireland also on board, the fund has already deployed over €10m to date and aims to complete its initial investments by 2026.
Lem-uhn, the feel-good PR agency, reveals that sales are up by 4.5% as consumer spending power continues to be felt despite the cost of living crisis. The latest Office for National Statistics retail sales data from March also shows that this figure has increased by 15.7% compared to February 2020. Lem-uhn believes the data suggests that UK consumers are still looking to shop however they are prioritising products that add value to their lives.
Barcelona-based Mitiga Solutions, a science-based climate-tech company that applies science and technology to improve prevention, resilience and adaptive capacity to climate-related hazards using AI and high-performance computing, has raised a €13.25 million Series A. The investment was led by Kibo Ventures alongside Microsoft Climate Innovation Fund, Nationwide Ventures, Faber Ventures, and CREAS Impacto.
Majid Al Futtaim, the leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa, and Asia, today launched the second edition of its Launchpad programme – part of Xsight Future Solutions business, Majid Al Futtaim’s newly formed business aimed at accelerating the company’s digital offerings and empowering partners with scalable, end-to-end digital services, products, and solutions. Majid Al Futtaim’s Launchpad strives to unlock value by partnering with and investing in innovative startups and disruptors that can benefit from the reach of the Majid Al Futtaim ecosystem.
RingCentral, a provider of AI-powered global enterprise cloud communications, video meetings, collaboration, and contact centre solutions, today shares research exposing the views of UK workers on one of the most revolutionary technologies of a generation: Artificial Intelligence (AI). The data comes as CFOs predict ‘significant growth’ in AI spend according to Deloitte.
A new research report, Education for a World of Opportunity, reveals that over a third (36%) of British Small and Medium Enterprise (SME) decision makers believe that technology and innovation have created fewer opportunities for unskilled workers to “learn on the job” and progress to higher paid roles.
OneTech, a not-for-profit designed to help underserved communities connect to opportunities in the tech ecosystem, has announced its official spinout from startup network Capital Enterprise. OneTech has evolved into a formidable force, tackling the deep-rooted systemic inequality across the London tech startup scene.
EarSwitch has been awarded the UKRI Healthy Ageing Challenge Grant. The grant will enable EarSwitch to develop its EarMetrics product, initially for the UK’s diverse and ageing population. EarMetrics aims to provide an in-ear sensor for standard hearing aids to measure temperature, heart rate, pulse, and blood oxygen levels and a medical first: continuous blood pressure monitoring.
On the 27th and 28th of June, businesses including Google, eBay, Nestle, Microsoft, GSK, Phoenix Group, M&G Investments, Starling Bank, and other FTSE100 companies and the investment community will unite at Reset Connect London, the UK’s sustainability and net zero event, the flagship of London Climate Action Week at ExCeL London.
DUO: Dates Unlike Others is a mobile application designed to add excitement and adventure to couples’ dating lives. Created by Arie and Lauren Burnham Luyendyk, who found love on season 22 of The Bachelor, DUO offers a range of features, date ideas, and date planning, to help couples break out of their dating rut and improve their relationship.









