News

Global startups speed up sustainability

ABB Electrification’s Startup Challenge, in collaboration with Microsoft and SynerLeap, has announced its 2021 winning line-up, as Machine Learning, advanced AI and 3D modelling scale-up safe, smart and sustainable solutions.

Five UK startups shortlisted for inaugural TTI Global Impact Awards

Five innovative UK start-ups have been shortlisted for the Top Tier Impact (TTI) Group’s inaugural Global Impact Awards, celebrating entrepreneurs around the world at the cutting edge of sustainability and positive impact.

NEXUS Investment 2021

NEXUS have a £3,000,000 fund to invest in 2021 and are open to consider all innovative Creative, Tech and Digital UK startup business ideas with priority interest in the following sectors: Tech, VR, Gaming, Digital, Media, Smart Screen/TV, Music, Fashion & Textiles, Events, Film and Dance.

First official visit ahead of Startup OLÉ

The European Commissioner for Innovation, Research, Culture, Education and Youth will make her first official visit to Spain on 9th and 10th September 2021, inaugurating the Startup OLÉ technology event in Salamanca on the 9th.

Events Company Launch Exciting New Tipi Service to Boost COVID Recovery

It’s no secret that the pandemic has significantly challenged the events industry. Even with lockdown restrictions lifted, a hesitancy to return to large indoor events is predicted to continue for some time. In order to meet these changing customer needs and help to revive corporate events safely, Eventurous Ltd, a full-service events agency near Atherstone in the West Midlands, has launched an exciting new tipi hire service – creating an unusual and inspiring venue solution for business use.

Post-pandemic cities spark safety concerns for three-quarters of Brits

As lockdown restrictions ease and public mobility increases, new research reveals three-quarters (75%) of people have health, safety and security concerns when visiting their nearest city, signalling a need for new security innovations and greater public reassurance on their return to UK cities.

TOCA Football Raises $40M Funding to Accelerate Further Growth

TOCA Football, the world’s only technology-enabled soccer experiences and entertainment company, today announced the completion of its Series E funding round, totaling $40m. Leading the round are current investors WestRiver Group (WRG), RNS TOCA Partners LLC, and D2 Futbol Investors, LLC., who are joined by a group of new investors including Jared Smith, co-founder and former COO of Experience Management (XM) company Qualtrics. This round brings TOCA’s total capital raised to $105m.

UK more than doubles number of rare $10bn+ tech businesses in six months

New data released by Tech Nation and Dealroom analyses the UK’s position on the global tech stage in comparison to the US and China. Analysis finds that the UK ranks third in the world for its number of tech businesses valued above $10bn.

How businesses can support anxious staff returning to work on public transport

Rising numbers of people are returning to trains and buses to get work, newly released figures reveal. The data found that in some parts of London footfall was up almost 300% last week compared to the same time in June 2020.

Two thirds of SME’s agree that they have shown more resilience during the pandemic

As we say goodbye to lockdown restrictions, new research from Sky Connect, Sky’s new B2B telecoms business, celebrates the strength and adaptability of British small businesses with a third revealing that the secret to their resilience over the past year is sheer hard work and motivation. The majority of the UK’s SMEs (80%) – which make up over 99% of the business population – believe they have shown resilience at its best throughout the pandemic.

And the winners were…

As we successfully hosted the 2021 Hustle Awards last night at the Finsbury Business Centre (in-person finally!) and had a virtual livestream too, we saw five incredible startups take the prize across the five different categories, plus an array of talent that was also shortlisted and five amazing runner-ups. But not only that we saw our community again, and what an amazing feeling that was to be able to speak to some of you face-to-face!

Revolutionising the returns process

Over the course of the last year and a half, online shopping and e-commerce has, at times, been the only way consumers have been able to shop, leading to record breaking rises in people engaging with online retailers. This record volume of e-commerce purchases in 2020 has resulted in a corresponding surge in returns made by consumers who have either changed their minds or aren’t satisfied with their purchase after delivery.

UK’s first laptop library launched for underprivileged children

The UK’s first-ever ‘Laptop Library’ has launched to help support and educate the nation’s most underprivileged children. The initiative, launched by grassroots charity CC Foundation in partnership with leading IT service provider Totality Services, will give hundreds of children access to use and borrow laptops.

10 rising AI stars join Machine Intelligence Garage mentorship programme

Digital Catapult’s Machine Intelligence Garage programme is onboarding 10 new pioneering startups who are pushing the limits of machine and artificial intelligence to solve everyday problems.

Greyparrot recognised a technology pioneer by World Economic Forum

Greyparrot, the London based tech company disrupting the recycling industry by providing waste analytics to monitor, sort, and audit waste at scale, was selected among hundreds of candidates as one of the World Economic Forum’s “Technology Pioneers”. Previous to founding Greyparrot in 2019, co-founders Mikela Druckman, Ambarish Mitra and Nikola Sivacki had built some of the most cutting edge deep-learning computer vision systems in the world. Now they are committed to applying this technology to the recycling sector, extracting the value of materials that would otherwise end up in landfills, oceans or incinerated.

Proportion of businesses set up by women unchanged in ten years

Innovate UK is releasing new data which reveals the proportion of women setting up businesses has not only remained stagnant at just over a quarter of the total number of new businesses for the last decade, but seen a slight dip since 2010/11 when it was at 28.7%, compared to 27.3% today. Innovate UK’s Women in Innovation Awards looks to help balance the playing field in business by providing more support to female entrepreneurs from across the UK.

Getsafe now has 10,000 UK customers

Digital insurer Getsafe recently reached two significant milestones: With 10,000 customers in the United Kingdom and close to 200,000 customers in its native market, Germany, Getsafe is now the largest neo-insurer in Europe. The company currently offers contents insurance with five extensions in the UK and a larger product portfolio in Germany.

The Hustle Awards 2021 shortlisted

The Hustle Awards 2021 is very nearly here and we cannot wait to celebrate with you all next week – whether that be from the lovely Finsbury Business Centre and Clerkenworks or from the comfort of your own sofa. From startups to freelancers, The Hustle Awards aims to recognise all the founders, co-founders and team members that have disrupted, impacted and taken a risk or a leap of faith with their business. But who has made the shortlist…

Seed funding round for WeVee supports its expansion

WeVee, the first fully-integrated electric vehicle leasing platform, which launched in the UK (home to Cazoo, Cinch and Carwow), is now valued at $14m after its latest investment injection to support the global expansion of the eMobility lifestyle platform, allowing it to broaden its service lines.

NEXUS ESG Startup Programme 2021

The NEXUS ESG Startup Programme is designed to give founders the practical knowledge to launch and scale their creative and digital businesses.