News

Metro Bank has just launched a startup accelerator programme in partnership with corporate innovation specialists, L Marks with the aim of finding innovative solutions to help the bank support its customers and local businesses.

Deeptech Labs (DTL), a new post-seed accelerator aimed at deep technology (deeptech) startups, has been founded in Cambridge to bring the benefits of its innovation ecosystem to post-Seed deeptech companies from the UK and Europe.

VenueScanner has secured a $1.5m funding round led by Rianta Capital and ACF Investors. Launched to enable individuals, businesses and event organisers to find better and more affordable venues, it is helping undiscovered and independent venues reimagine how they use their space and fill their down-time.

“Build a product to scratch your own itch” says entrepreneur Guy Stern after founding his own legal technology solution, Legal Connection, to improve communication and offer an ‘umbrella platform’ for the legal industry.

The Modern Milkman, a fast-growing sustainable grocery startup that offers doorstep grocery delivery in return and reuse packaging without single-use plastics, has announced the closing of a funding round led by global venture capital and private equity firm Insight Partners. Existing investors ETF Partners and Serial Investor Simon Murphy also participated in the round.

Remote, the HR technology platform for international payroll, benefits and compliance, has announced exponential growth since its $35m Series A funding in November 2020, including substantial increases across customers, employees, country availability and new product offerings.

PocketLaw, the Swedish legal tech solution providing a one-stop shop for businesses’ legal needs, has announced that it has launched in the UK.

A survey of real estate and IT professionals across a range of industries has revealed that better remote working technology is perceived to be twice as important as workplace testing.

Alibaba Group’s Tmall Global has announced the launch of the UK and Ireland edition of ‘Go Global 11.11 Pitch Fest’, a virtual event designed to help international brands grow their businesses globally. Following the success of Pitch Fest 2020 in the US, the programme will be opened up to British and Irish brands looking to find success in China.

Clim8 Invest (Clim8) launched its crowdfunding campaign on Crowdcube on Tuesday and has already smashed its target by 168%, raising £1.26m by the end of Day 1. The latest round is set to fuel its product roadmap and team.

The invitation-only network for Founders and CEOs of the most successful tech businesses, Fast Growth Icons, has announced the return of its physical London event, taking place on 5th-6th July 2021.

The pandemic has inspired long-term digital transformation projects, with UK businesses set to increase IT spending and hiring in the year ahead, new research from Studio Graphene has revealed.

Nearly three quarters of employers (73%) believe the pandemic will mean long-term changes in the way they support the health and wellbeing of staff, according to research undertaken on behalf of GRiD, the industry body for the group risk protection sector.

The application of artificial intelligence to automate diagnostics is one of the solutions that are already being implemented. DES2021, in collaboration with EIT Health, has brought together experts from companies such as T-Systems Iberia, Novartis and Ferrer to analyse the impact of technology on the health and pharmaceutical sector.

Reactive Reality, the leading augmented reality (AR) company increasing sales and brand loyalty for fashion e-commerce brands by enabling them to offer virtual fitting rooms to their customers, has announced the opening of a new office in Minato-ku, Tokyo along with the appointment of their Japan Country Manager, Keiichi Iwamoto. This move continues the company’s international expansion, adding to offices in Graz, Austria, and Milpitas, California.

Swedish tech startup, Staccs, has launched its brand new, premium streaming on-demand service for filmed music concerts in the Nordics. Opening the doors to a world of iconic and legendary concert moments, Staccs is providing fans the opportunity to relive their favourite gigs, on demand, advert free – and in the highest quality possible. It also opens up new revenue streams for the music industry, whereby legacy video content can be marketed in a new and innovative way – benefiting the content owners. The new home for concerts on demand, Staccs presents a new and unique commercial opportunity for the industry.

Banco Santander (through Santander Universities) and Oxentia Foundation are launching the Santander X Global Challenge | Helping Businesses Prosper for entrepreneurs with innovative, scalable solutions to help SMEs – the main driver of economic growth, job creation and social unity – digitalise and be more efficient.

Mobility technology company, WhereIsMyTransport is set to successfully close the second funding round for capital to expand its already impressive portfolio of mobility data and solutions for emerging-market megacities. This will bring the total raised by the company during its Series A funding to $22m.

Kavida.ai, a supply chain resiliency startup, founded in 2020, has secured £300,000 ($425,000) in pre seed capital from strategic investors. The company provides enterprises with decision intelligence tools to prevent and mitigate supply chain disruptions in a range of sectors including apparel, FMCG, food, retail and pharma.