News
OVHcloud, the European leader with a global footprint in the cloud industry, announced today it joined the Open Invention Network (OIN). This engagement affirms OVHcloud’s approach in terms of Open Innovation and will strengthen the company’s ecosystem, by supporting a world-class open source innovation community.
eXate, a London-based data software firm has announced a £2.3m seed round led by Outward VC, with additional backing from ING Ventures and Triple Point Ventures, to accelerate the growth of its DataSecOps platform. eXate is democratising data privacy for organisations by providing a simple embedded platform that automates the technical enforcement of data policies, solving the large-scale challenges created by evolving and complex global data privacy regulations.
FoodMarble, the digital digestive health company, has closed a seed investment round of $2.6m, led by Business Venture Partners (BVP), with participation from SOSV, Breed Reply, Delta Partners, Enterprise Ireland. The funding will support continued expansion into new markets, research and development projects, as well as the further development of FoodMarble AIRE, the world’s first personal digestive tracker.
In the wake of recent retail closures across the UK, fashion technology startups are delivering much-needed innovation to help merchants maximise online sales and optimise unprecedented digital demand this Christmas. Retail data platform uSizy, is among the emerging startups poised to help UK retailers leverage technology to cope with record sales expected to reach £28bn, by first tackling archaic sizing guides.
It has been a tough year for everyone and with household bills typically rising as we head into the winter months, financial pressures are set to be exacerbated further. With the cold weather here to stay, on going COVID-19 restrictions and home working, Brits could see their energy costs rise by up to £300 meaning there is no better time to look at ways you can save money this winter.
StartUp Studio, a growth programme for early stage tech startups in the South West of England, has been launched. Tech South West has teamed up with virtual accelerator, Activate and startup advisor, Skowt Consulting to provide fully-funded opportunities for up to 30 pre-seed companies a year to progress their business through the programme, and then pitch to regional, UK and global investors.
Healthcare technology company, Vantage Health has announced that its AI-powered platform, Rego, has been shortlisted for ‘Local COVID-19 Response Partnership Award’ at the HSJ Partnership Awards 2021. The shortlisting recognises Vantage Health’s dedication to improving healthcare and effective collaboration with the NHS, through Rego’s role in managing hospital outpatient attendances during the pandemic.
The R&D tax relief schemes and R&D expenditure credit (RDEC) have driven greater innovation in the UK, according to analysis by HMRC. A review of these schemes, as well as the Patent Box, highlighted that there were both positive direct and indirect impacts on business for those that utilised the schemes whilst also spurring on innovation.











