News
Bumble’s CEO, Whitney Wolfe Herd, became the world’s youngest female self-made billionaire last week– a huge milestone for women in business everywhere. But how many female decision-makers are there in the boardrooms of some of the biggest companies in technology, entertainment and e-commerce?
Tech Nation, the UK network for ambitious tech entrepreneurs, has announced the ten early-stage scaleup winners of its nationwide competition, Rising Stars. These companies have been selected because they are at the forefront of UK technology, across a range of subsectors, providing solutions such as digitally connecting healthcare workers with communities, digital recruitment for schools, and tools for online content creators.
Xero, the global small business platform, is calling for urgent action to put small businesses at the centre of the UK economic recovery – after new Xero Small Business Insights (XSBI) data finds revenue slowed further in January to 9.3% below levels seen a year ago.
Axis Spine Technologies (AST) has raised £2.2m in a funding round led by ACF Investors, with follow-on investment from Mercia’s EIS funds. Mercia was the first investor when Axis was founded by Jon Acros in 2017. This is the first investment from ACF Investors’ new Delta Fund, a fast-track investment fund designed for high potential UK businesses that have been backed by a syndicate of angel investors with deep sector knowledge.
Londoners are huge cryptocurrency fans, having bought more of the digital asset than any other region in the UK according to a new national survey, while cautious Scots have bought the least.
Waze, the platform bringing together communities on and off the road, has announced updates to Waze Ads Starter, its advertising solution tailored specifically to small businesses. The features take into account the unique challenges faced by small businesses now, making it easier for them to connect with existing customers and attract new ones while making the most of their marketing investment.
Rental deposit fintech, Fronted has launched this month, becoming the second company to be powered by Yobota’s core banking platform. Founded in 2016, London-based technology firm, Yobota has built a fast, flexible, cloud-native core banking platform that allows clients to create and run innovative financial products.
Step Anywhere 2021 is on for March 29th, 30th, and 31st, and fully online! Organised by the team behind Step Conference, The Leading Online Tech Festival For Emerging Markets will bring together over 1500 international attendees, 100 showcasing startups and global players in healthtech, edtech, fintech, foodtech, smart cities, digital media, and more.
LOT Network, the international community of the world’s leading high-tech companies committed to protecting its members from costly litigation from patent assertion entities (PAEs, also known as ‘patent trolls’), has announced that ByteDance has joined its 1,200 member organisation. In doing so, the company is taking proactive measures to protect itself against potential litigation from PAEs, and inoculating themselves from a pool of over three million patents.
Design Pickle, the leading graphic design and creative services subscription platform, has released information about their acquisition of British design services company, Design Hero. The acquisition marks the first of its kind for Design Pickle, paving the way for expansion into the UK and European creative markets.
The Quarterly OurCrowd Jobs Index has released indicates that OurCrowd-backed high-tech startups are seeking to fill hundreds of positions despite record-high unemployment in the overall economy. This is the first quarterly jobs survey by OurCrowd, venture investing platform.
Sustainable events agency and consultancy, Legacy Events, is set to launch its new innovative marketplace, which includes everything needed to organise a successful sustainable event, in one place.
The DIY system, launched by Edinburgh-based Boundary, was designed and created by a team of experts brought together by Boundary to solve the problems associated with traditional alarm systems and using leading-edge technology thinking.
A new report by Claromentis has revealed that 73% of UK workers want to split their time between home and office working after the pandemic. Unilever, Twitter, Square and many more companies have announced their staff may never return to working a five-day week in the office. But what do workers want?
New data from global ticketing platform, Eventbrite, shows that British entrepreneurs haven’t stopped training and networking because of the pandemic, with over 150,000 attending online startup events since the beginning of the first lockdown in early 2020.
Vivacity Labs, the London-based tech company which uses artificial intelligence to improve traffic insights and safety, has announced it has secured £5m of Series A funding in a VC round led by investor Mobeus, with additional funding from existing investors Downing Ventures and London Co-Investment Fund.
Mazuma, online subscription accountancy service, has announced the launch of a new technology offering, featuring a modern, highly accessible app and a contemporary website. Both of which outline additional resources and provide further advice for small business owners across the UK.
incspaces, a space as a service operator with locations across London and Manchester, is opening a brand new 24/7 flexible workspace in the heart of Leeds. The 19,000 square foot venue will play host to both young startups and established businesses embracing the ever growing flexibility of the future of work.
Ally.io, a hypergrowth technology company specialising in goal-setting and business execution software, has announced a $50M (£36.5M) Series C funding round led by Greenoaks Capital. Tiger Global, who led the company’s Series B round, and Madrona Venture Group also joined the round, as well as previous investors Accel, Addition Ventures, Founders’ Co-Op, and Vulcan Capital.
Vinehealth, a platform to improve the quality of life and survival of cancer patients through highly personalised patient support, has secured a £1m Biomedical Catalyst grant to deliver their innovative cancer companion app to four NHS trusts within a randomised controlled trial, thus generating robust evidence of the platform’s clinical and cost effectiveness in improving patient self-management and data collection.
