News
BLEND (formerly OneHourTranslation), an end-to-end technology-based multi-market enabler, announced the completion of a $10m funding round to fuel its continued rapid growth. Existing investor Fortissimo Capital led the round following a year of strategic expansion reflected in the company’s new brand and offering. BLEND leverages OneHourTranslation’s AI-driven language technology, 25,000 expert linguists, and advanced tech stack to help global brands establish a native presence in fundamentally different markets, worldwide.
Tractable, the AI startup accelerating recovery from accidents and natural disasters, has announced that former Microsoft CFO and Ignition Partners Managing Partner, John Connors, has joined its Board of Directors.
Generating £27.8bn gross value added annually, and employing more than 360,000 people, the West Midlands is the UK’s largest centre for Business, Professional and Financial Services (BPFS) outside London. Now, business leaders from Shoosmiths, Wesleyan, Bruntwood, CBRE and Birmingham Law Society, amongst others, are working with the region’s just under 12,500 leading tech and digital companies to see how they can integrate AI and advanced technology into their everyday activities.
Ten exciting startups are pioneering new green technologies with support from 5PRING and its Green Innovation Challenge programme, set-up in partnership with Suez, a large utilities company, and the West Midlands Combined Authority (WMCA) last year.
Xero has announced the acquisition of Planday, a workforce management platform with more than 350,000 employee users across Europe and the UK that simplifies employee scheduling, allowing businesses to forecast and manage their labour costs.
The UK is heading towards a ‘burnout breakpoint’ with search data exposing alarming levels of people seeking help. As we quickly approach the anniversary of the first lockdown, Chris Parke, CEO of Talking Talent who discovered these findings is urging businesses to support employees and implement practical solutions to prevent similar levels throughout 2021 and hordes of workers reaching their breakpoint.
Here, Andy Hodgetts, Director of Corporate Finance at Buzzacott, the accountancy firm advising fast-growth companies, shares his thoughts on the recent M&A rush ahead of today’s Budget and the corporation tax update.
Research from Ezra, a global provider of digital coaching, has revealed to what extent the current pandemic could change the face of the professional workplace on a permanent basis. The trend of working remotely is one that has been largely forced on us due to lockdown restrictions and concerns over safety. However, for many it means more time at home and a positive increase in the work-life balance.
Rewire, a fintech startup that develops cross-border online banking services tailored for the needs of expatriate workers worldwide, has announced a Series B funding round of $20m and significant line of credit from a leading bank. Rewire was founded with the vision to empower every migrant to fulfill their financial potential for a better future, for themselves and their families.
Following news this week that people have been rushing to book holidays for summer, data from absence management platform, e-days reveals that Mondays, already the day people are most likely to book holiday, will see a spike in holiday bookings post government announcements in 2021. So far Monday January 4th, the first day back after the Christmas break, and Monday 22nd February, following the UK government’s announcement of the roadmap out of lockdown, have witnessed the biggest leap in number of leave bookings.
Today saw what we had all been waiting for, the budget announcement from the Chancellor Rishi Sunak – but what does that mean for the economy and small businesses?
Eight 5G solution providers have joined the SmartRAN Open Network Interoperability Centre (SONIC), a joint programme between Digital Catapult and Ofcom to test interoperability and integration of open networking solutions.
Ahead of the budget on Wednesday, reputation management consultancy, Lansons and strategic insight agency, Opinium polled 500 senior business leaders to gauge their views on current economic support and understand what they want out of the budget.
A brand new recruitment agency has launched in the West Midlands with the ambition of making the industry a more community-conscious one. 70/30 Club is leading the way in ethical recruitment, committing 70% of its profits to local charities every year, whilst delivering talent acquisition for a range of organisations.
Future Acres – a new startup bringing sustainable agricultural robotics to the farm industry in order to optimise workforce efficiency and safety – has launched to raise up to $3m in seed capital via equity crowdfunding site, SeedInvest. The company is producing an autonomous, electric agricultural robotic harvest companion, named Carry, to help farmers gather hand-picked crops faster and with less physical demand.
A tech spin-out whose cloud based data capture and analysis technology is unlocking five-fold increases in manufacturing factory floor productivity in the North of England has secured a significant six-figure investment from a combined Angel and Venture Capital syndicate, valuing the company at £2m.
A revolutionary new technology that allows customers to order products or access information with just the tap of a smartphone could transform the online marketplace, an expert says.
Revolutionary packaging startup, SoluBlue, has been awarded the top prize of €500,000 from the Postcode Lotteries Green Challenge, one of the world’s largest annual sustainability competitions. The Cambridge-based startup beat over 650 startups from across Europe to be crowned the latest winner and will now use the prize money to scale up its technology for pilot production among retailers.
With pupils set to go back to school on 8th March, there are a number of safety measures schools need to implement to ensure the health and wellness of staff, students and school communities.
Gophr, the UK’s fastest-growing last-mile delivery provider, has raised £4m led by Nauta Capital, assisted by The ScaleUp Accelerator and White Horse Capital.
