News

Crowdfunding unicorns: How 7 brands made their fortune

New research from Uswitch has revealed that crowdfunding sites have helped fund 6 million projects in the past year and are now central to many business plans. It is becoming more popular than ever around the world to use crowdfunding as an investment source for businesses. Not only does it have its financial benefits, using crowdfunding is a great way to gain visibility and build a customer base for startups.

CEE’s largest conference to return as a hybrid event in March 2021

Wolves Summit has confirmed its return from 24th to 26th March 2021 in Warsaw with two days dedicated to startups, investors, and executives from the tech ecosystem. The hybrid format that made the two previous editions a success will be enriched with new digital experiences including multi-stage and matchmaking functionalities, an Investor Podium, dedicated Scaleup, Accelerator, and Community Partner Stages.

WeWork launches Growth Campus to turbo-charge UK startups

WeWork has launched Growth Campus, a new initiative aimed at giving a boost to the UK’s entrepreneurial ecosystem. The pandemic has presented a huge challenge for growth-companies: from startups to scaleups, to corporate incubation projects, the crisis has stifled momentum.

Crowdfunding campaign launched to fund second social media platform

Michelle Cowan and Bren Adams, the Founders behind Yorkshire-based tech start up, Justo Software and socialsendr, have launched a crowdfunding campaign via Go Fund Me to raise £25,000 to drive forward development of their second social media platform aimed at soletraders, freelancers and small businesses.

Providing UK businesses with GDPR-compliant managed container services

OVHcloud today announced Sweden’s managed services provider Elastisys as an Advance Partner. This partnership will enable customers of both companies to access enterprise grade security-focused container services that are fully EU compliant.

GIANT Health is expanding in 2021

European Health-Tech Innovation Week, sponsored by GIANT Health, is taking place from 17-21 May 2021 and is five one day hybrid conferences and exhibitions across Europe’s leading healthcare innovation regions; successfully driving improved healthcare outcomes and business collaboration by showcasing and championing Europe’s best healthtech innovations.

Smallest and greatest firms urged to apply for small awards

Small firms are being urged not to miss the deadline for this year’s Small Awards, a nationwide search for the smallest and greatest firms in the UK, across all sectors. Launched in 2017 by Small Business Britain, the annual awards have eleven unique categories across everything from longstanding family businesses and innovation-led startups, to social enterprise champions.

B2B capital raising tech startup HUBX completes fundraising round

Private capital raising platform, HUBX, today announced the completion of a £4.2m funding round with the closure of the second tranche of financing. European B2B technology venture fund Basinghall Partners, together with Barclays, ELITE and individual investors, participated in the fintech startup’s latest funding round.

Global Startup Awards 2020 Global Winners announced

Winners of the 3rd Global Finale of the Global Startup Awards, the world’s largest independent startup ecosystem competition, have been just announced on 27th January 2021. Global Startup Awards was founded in 2012 in Copenhagen, Denmark.

Show small businesses some love this Valentine’s

People across the country are being encouraged to show some love for small businesses as they face another challenging month in lockdown. With a government review of current restrictions not due until 22nd February, Small Business Britain issued the call ahead of this weekend’s Valentine’s Day.

The fintech brands to watch 2021: How the UK is rivaling the US

With the unprecedented changes the COVID-19 pandemic has inflicted on the world, the fintech industry has had to deal with navigating the challenging climate as well as providing many opportunities for businesses and consumers to review their financial options.

There’s a new business category emerging…

And the Whatsapp ordeal is a cautionary tale for those who fail to recognise it. Since pretty much the beginning of human commerce, entrepreneurs have based their strategy around competing on two verticals, price and quality. Generally speaking, if your price is low, you’d expect the quality to also be low and vice versa.

73% of tech talent would consider joining startups in 2021

73% of tech talent would consider working for a startup in 2021, with male tech talent more likely to work for a startup (63%) than female (49%). That’s according to a recent survey by Talent Works, which asked UK employees in a variety of tech roles what they look for in a job and where they look for new opportunities.

Knowledge hacking app raises $16m to transform digital learning

Uptime, the free app that presents expertly curated five-minute Knowledge Hacks of the world’s best books, courses, and documentaries, has raised a $16m Seed round to bring its platform to more users globally.

BioAccelerate 2020 phase 1 winners announced

AberInnovation has announced the six winners from the first phase of BioAccelerate 2020, their flagship business accelerator programme for biotechnology, agri-tech and food and drink innovations.

Construction tech innovation wanted for Wincanton Innovation Lab Sprint 3

As one of the UK’s leading third-party logistics providers, Wincanton plays a huge role in construction projects all across the UK. Now, with the launch of Sprint 3 of W2 Labs – an innovation lab designed to discover emerging innovative ideas and tackle some of the logistics industry’s toughest challenges, they are aiming to focus on the construction sector specifically.

Israeli startup emerges from stealth with $8m seed

NeuReality, an Israeli startup developing high performance AI compute for cloud data centres and edge nodes, emerges from stealth today with $8m seed from Cardumen Capital, OurCrowd and Varana Capital to fuel the growth of real life AI applications running at scale. NeuReality will introduce its first AI platform early this year.

New Year, New Freelance Career?

For anyone looking to make the leap into self-employment, the moment might just have arrived. Insurance broker PolicyBee has uncovered that online searches for freelancers increased over the last year, particularly for individuals with digital marketing skills.

Government’s Kickstart Scheme creates new jobs at UK’s top tech firms

Jolt, a leading online business school backed by Octopus Ventures and Balderton Capital, today announces that it has created over 400 work placements at some of the UK’s most exciting tech businesses through its bespoke version of the Government’s Kickstart Scheme.

Koa Health Closes Oversubscribed €30M Series A Round

Koa Health has announced it closed an oversubscribed €30m ($36m) Series A funding round. The round had a first close in October 2020, led by Wellington Partners Life Sciences and Ancora Finance Group, and has now been fully closed with key participations from MTIP and Akilia Partners, and further contributions from Creas Impacto, Sabadell Asabys, and Mundi Ventures.