News

Arbor Steel raises £200,000 for ‘digital identity citadel’ giving control of sensitive data

Arbor Steel has raised £200,000 in a pre-seed funding round to bring its digital identity citadel to customers. Developed following a £100,000 InnovateUK Grant, the platform provides a secure and efficient way to share personal data and interact with services whilst maintaining control.

Pitch introduces recordings to accelerate shift to asynchronous work

Pitch, the collaborative presentation platform for modern teams, has introduced recordings, a feature that gives every team the power of collaborative video storytelling right within Pitch.

PROP tech startup secures deal with a leading law firm

SlothMove, which offers users a ‘stress-free’ change of address and home-setup service when moving home, was only formed three years ago. The business flourished during the pandemic as property sales soared and now legal giants Taylor Rose MW have acquired a stake in the business, which has also been championed by former Dragon’s Den star Piers Linney. 

Futr raises £2.1m to continue its mission to save customer service

Futr, the live chat and customer service chatbots leader, has secured new funding from Blackfinch Ventures, a technology venture capital firm, and existing investors to continue its mission of using artificial intelligence to disrupt the delivery of customer service.

67% of organisations do not gather enough data to measure HR performance

Research from XpertHR reveals that 67% of organisations say that their HR department does not currently gather enough meaningful data to measure HR performance within their business

Series B funding to scale up health insurance for remote teams

SafetyWing, the Norwegian startup building a global social safety net, has announced the closing of a $35m series B funding round led by leading European growth investor Kinnevik with full participation from existing investors Creandum and byFounders. The insurance investor Mundi Ventures also joined this round. The funding follows an $8m series A funding round last year, led by Creandum.

EMJ wins a Queen’s Award for Enterprise

EMJ has been honoured with a Queen’s Award for Enterprise for International Trade. 

Dog walking app launches Kickstarter to support cutting-edge technology integration

A dog walking app designed to give dog walking businesses a head start has launched a crowdfunding campaign to invest in blockchain technology and support its impressive growth and development strategy.

New SCA rules block non-compliant online transactions

Data from Barclaycard Payments, which processes £1 in every £3 spent on credit and debit cards in the UK, shows that many online businesses are still not fully compliant with the new Strong Customer Authentication (SCA) regulation – which became mandatory for all transactions a month ago – and have lost out on £130m worth of sales as a result.

Vaayu raises $11.5m in funding round led by Atomico

Vaayu, the climate tech start-up that helps retailers reduce their carbon footprint in real-time, has closed an $11.5 million seed funding round led by Atomico, with follow on from CapitalT and participation from Reddit co-founder Alexis Ohanian’s firm Seven Seven Six, along with a select group of angel investors including Cristina Stenbeck, Chairperson of the Zalando Supervisory Board and non-Executive Director of Spotify and Bryant Chou, co-founder and CTO of Webflow.

Focus MRS secures seed funding for mixed-reality learning platform

Focus MRS, a mixed-reality virtual learning platform, has secured a £150,000 seed investment from Jenson Funding Partners, the startup investment firm.

Reducing emissions and increasing efficiencies in Scoltand’s water infrastructure

Hypervine, the cleantech construction startup that uses artificial intelligence (AI) and blockchain technology to provide end-to-end site data for construction and mining firms, boosting efficiencies whilst enabling massive reductions in carbon emissions, has won a six year Framework with Morrison Construction and Scottish Water. 

SEON Raises $94m Series B to Address Exponential Growth of Online Fraud

SEON, a London-based Anglo-Hungarian startup that powers online fraud prevention raised $94m in Series B funding. Led by Silicon Valley-based IVP, the round also includes existing investors Creandum and PortfoLion, as well as, angel investors including founders and senior executives from the very best product-led tech companies: Aiven, Coinbase, DataDog, DoorDash, Figma, G2, GitHub, Public, Slack, Supercell, UiPath, Veriff, and Wise.

Monneo Launches Crypto Payments Processing for Merchants

End-to-end payment ecosystem provider, Monneo, has simplified the process of making and receiving online cryptocurrency payments. Thanks to its recently launched service, Monneo is enabling online merchants to accept cryptocurrency payments natively through their websites.

AI-driven performance optimisation for Amazon advertising

GP Bullhound acted as exclusive financial advisor to Sellics Marketplace Analytics (Sellics) on its acquisition by Ascential (Ascential), the specialist information, analytics and e-commerce optimisation company.  

Last chance to register for the next Startup Academy supported by Google for Startups

Tramshed Tech’s award winning Startup Academy supported by Google for Startups runs three times a year – the next kick-starting 5th May 2022 with registration closing 25th April.

Introducing IoT Insider – where IoT meets industry

IoT Insider, a sister publication sprung from the flagship, Electronic Specifier, is the perfect read for technological visionaries.

Do employees now require more support for health and wellbeing?

Towergate Health and Protection today reveals results from its research into the changes in health and wellbeing support needed by employees since the pandemic.

SMEs at risk of losing a quarter of their female talent

The latest data from employee engagement specialist Sodexo Engage reveals that SMEs are at risk of losing a quarter of their female employees, with 28% of female staff planning to leave their role in the first half of 2022.

Key insights from big names to be shared at Manchester Tech Week 2022

IT Leaders from some of the most recognised British brands – as well as fast-growing disruptors – have joined the line-up for Manchester Tech Week 2022 running from 25th – 29th April.