News

Ten startups graduate from Techstars Hub71 accelerator programme

A cohort of ten technology startups have graduated from the Techstars Hub71 accelerator, making compelling presentations to the community at the annual Demo Day. The portfolio companies hope to secure a total $15m in funding to support their rapid growth.

Sodexo Engage highlights most eco-friendly employee benefits

2020 tied with 2016 as the hottest year on record as a result of human activities, according to NASA. Keeping business going during a pandemic has been front and centre this past year, but it’s possible that it’s distracted business leaders from another major crisis of our times – climate change.

Return to the office full time? No thanks, say 86% of tech professionals

As restrictions continue to lift and organisations prepare to bring employees back to the workplace, a new report from hackajob has revealed that 86% of technology professionals in the UK and Europe don’t want to return to the office full time at all.

Payhawk raises $20m from Klarna backers QED Investors

Payhawk, the platform for payments and expense management, has raised $20m. The Series A round is led by the US-based fund QED Investors, which has a strong track record of investing in 18 fintech unicorns, including Klarna and Nubank. Existing investor Earlybird Digital East, who led the $3.6m seed round in March 2020, is also contributing fresh capital.

Scaleup skills demand drives 400% growth for Talent Works

The pandemic has forced a recruitment rethink, and a huge uptake in flexible talent acquisition services. UK-founded scaleup, Talent Works reported 400% growth in March 2020 compared to March 2021, and a sustained 20% month-on-month forecasted compound growth.

A fifth of UK workers feel remote working has reduced recognition in the workplace

Research from Ezra has revealed that a fifth of UK workers feel they get less recognition within their career as a direct result of working remotely. It remains to be seen to what extent we will return to a full working environment, as COVID-19 restrictions see many continue to work from home for part of, if not their whole working week.

Biotech startup pioneers potential treatments for COVID-19

A team of top scientists from the University of Bristol have announced the formation of a new biotech company that is developing newly patented potential treatments for Coronavirus.

€20m seed round to launch new fintech proposition startup

BIG MAMMA founders, Tigrane Seydoux and Victor Lugger have joined forces with Christine de Wendel to announce a €20m seed round to support the launch of a new, innovative payment method – Sunday, created by restaurateurs for restaurants.

New parking technology raises seven-figure investment deal

Suss Ventures have contributed a six-figure sum alongside a multi-million investment drive. This raise marks a huge success for Suss Ventures who are synonymous with sourcing sustainable businesses for their community of impact-driven investors and corporate partners. The zero-effort payment system eliminates the worry of parking fines and is completely cashless, automated and secure.

Taking startups to the next level with Kickstart Innovation

Kickstart Innovation, one of Europe’s zero-equity, open innovation platforms based in Zurich, is currently launching its sixth program, and welcoming applications from businesses across the world. The application period is from 15th April to 17th May.

Queen of Hustling to present at Hustle Awards 2021

With the annual Hustle Awards event planning in full swing, we are excited to announce that Sonya Barlow, award winning entrepreneur, founder of the LMFnetwork, diversity business coach and motivational speaker, as her efforts are focused on bridging the skills gap and creating inclusive cultures.

Free TV advert up for grabs as channel backs businesses hit by lockdown

An independent London teleshopping channel is offering small businesses with a unique product innovation the chance to sell their products for free in a TV advert worth up to £5,000 on Sky TV as part of its ‘Road to Recovery’ campaign.

Antler invests in new tech startups revealed at London Demo Day

The global early-stage venture capital firm, Antler has unveiled the seven startups it has invested in during its third UK cohort.

What to expect in the Survival Guide 2021

When a startup embarks on the entrepreneurial journey it can be very daunting, and you may need some help and guidance along the way. Here at Startups Magazine we have created our second Survival Guide issue, sponsored by Digi-Key,  which will give you in depth advice and information from some of the industry’s leading experts.

Impact Investment App Launches as Sustainable Funds Outperform the Market

Clim8 Invest (Clim8), the investment platform to help consumers invest in companies that are focused on tackling climate change, has announced the launch of its mobile app.

Event Tech Live USA & Canada welcomes Grip connection

Market engagement platform Grip has partnered with the inaugural Event Tech Live (ETL) USA & Canada, set to take place from 8th until 9th June 2021.

UK and Ireland SME Confidence Peaks as End of Lockdown Looms

Vistage, business performance and leadership advancement organisation for small and medium-size businesses, has found that over 3 in 4 (74%) of SME leaders expect economic conditions to improve in the next year. The report has also found that a majority (84%) of companies anticipate revenue will continue to improve in the same period of time.

GENIE closes second funding round to accelerate post-COVID employment tech

GENIE, an automated talent agent for the creative industry, has announced the closing of its second funding round, led by female led corporate advisor, Adelpha, taking their total funding to-date to £1.75m. GENIE also announced advertising industry legend, Sir John Hegarty as Chairman, as the team look to disrupt the ways companies hire talent in the post-COVID world.

2.3m sole traders shun growth in favour of independence and creativity

More than two-thirds (70%) of sole traders in the UK enjoy being small and don’t aspire to grow in future, with 62% saying the benefits of being a sole trader far outweigh those of being a larger business.

Screen Time Has Increase by 76% During the COVID-19 Pandemic

A new study by Lenstore has revealed the detrimental effects of spending time on your devices during COVID-19 and the effects this is having on your physical and mental health.