News

Despite being arguably one of the UK’s youngest tech sectors, Gaming has risen in prominence in the past five years – employing a combined 47,000 professionals directly and indirectly across related industries (such as merchandising or eSports).

Paid is launching to help enterprises transform supplier management with its next-generation procurement platform. Paid announces its £2.2m seed funding round led by top early-stage tech investors Crane Venture Partners, along with participation from Seedcamp, Techstars and notable angel investors, including Angel Invest Ventures’ Jens Lapinski, GoCardless and Nested Founder Matthew Robinson, Outrun Ventures founder Chris Adelsbach (in a personal capacity), and former Microsoft head of corporate strategy, Charles Songhurst.

P4 Precision Medicine Accelerator powered by Barclays Eagle Labs and the UK’s largest healthcare charity, Nuffield Health, has announced a strategic partnership to accelerate the development and adoption of precision medicine innovations into the independent and public sectors of the healthcare system. This partnership aims to deliver better care faster.

London is quickly cementing itself as a top global hub for impact tech, according to the latest data from London & Partners and Dealroom.co, showing that VC investment into London’s purpose-driven tech companies has increased by almost eight times between 2015 and 2020.

Looking to start or grow a business? Need to learn the tools and tips for thriving in the digital economy? Want to tap into the exciting world of Startups? If there’s one thing The Festival of Enterprise virtual events are becoming famous for, it’s providing practical suggestions, systems, knowledge and advice that are simply plug’n’play for your business – no matter what you do! 

Sage has announced five new strategic partnerships that will help small businesses and their accountants stay in control of their business. As a result of the partnerships, the five new and innovative apps, fully integrated with Sage Accounting, will allow small businesses to get compliant, stay organised, get paid fast, gain full visibility of cash flow, and engage their employees.

Over 1.5 million UK SMEs have stopped trading internationally this year which could cost the UK £20bn, due to the impacts of COVID-19 and uncertainty around Brexit. New research released by British fintech, Currensea reveals that of the 80% of British SMEs (4.72 million businesses) that trade internationally in any given year, 1.18 million have had to pause directly because of the global pandemic and a further 283,000 because of Brexit.

As interest in sustainable investing continues to grow apace, Clim8 Invest (Clim8), a digital investment platform to help consumers invest exclusively in companies focused on tackling the climate crisis, has raised a further £2.4m in funding.

OVHcloud have announced a strategic partnership with Google Cloud to accelerate French and European organisations’ ability to digitally transform and reimagine their business. The partnership aims to bring cutting-edge technologies, built on trusted infrastructure, to European organisations to help them meet their growing needs for strict data controls, security, transparency and privacy while deploying cloud native applications. OVHcloud will introduce a new Hosted Private Cloud offering by bringing Google’s open source-compatible Anthos technology to its own highly scalable dedicated infrastructure, fully operated and managed in Europe by OVHcloud teams.

The winners for this year’s highly anticipated Diversity in Tech Awards (DITA) in association with Microsoft for Startups have been announced. The virtual event took place yesterday, Tuesday 10th November 2020.

Silicon Valley Comes to the UK (SVC2UK) has unveiled its list of the high growth technology businesses joining the 2020 ‘Scale Up Club’, which celebrates the most ambitious and promising companies in Europe.

Israeli startup, OutSense has raised $2.2m in a Series A round from Peregrine Ventures in order to complete the development and testing of an IoT technology which monitors health and helps prevent life threatening diseases by quickly and accurately analysing human waste from within a standard toilet bowl.

To celebrate a decade in business this month, digitalbeans is supporting local businesses to invest in digital and keep growing in spite of tightening COVID restrictions.

Step Saudi 2020 is coming to your screens this November! Organised by the team behind Step Conference, Saudi’s Leading Online Tech & Startup Conference will bring together the Kingdom’s best entrepreneurs, creatives, and digital enthusiasts.

Developers of an electric wheelchair designed to enable social distancing and built with COVID-19 resistant materials have been awarded a UK government grant of £175,000.

Technology company, Emitwise has raised $3.4m from former Uber CEO, Ryan Graves and other Silicon Valley investors to roll out unique technology that helps companies meet their emissions targets faster and support the transition to a net zero carbon world.

London’s highest-rated IT support provider, Totality Services has launches WFH IT Support to service the millions of workers displaced by the new lockdown regulations. The new offering affords teams of all sizes the level of IT security and support previously reserved for large office-based operations, servicing the needs of the nation’s work-from-home employees.

A 24 year-old first-time entrepreneur who built a mobile app company from his bedroom has had the business acquired by UCAS, the UK’s university admissions service.

Hitachi Capital Business Finance recognise that the resilience and strength of the small business community lies in its diversity. We all too often read about how the average UK business is performing, how they are reacting to issues or planning for the future. In truth, there is no absolute average – rather the range and diversity of people setting up and running small businesses is what makes the sector so fascinating.