News

According to research from flexible office specialists, Workthere, 25-34-years-old are most likely to expect more flexibility in their typical working week in a post COVID-19 world.

To mark the start of the new academic year, OVHcloud is launching its 2020 Startup Program with applications open now.  Created in 2015, the programme has already supported more than 1,800 young companies around the world (including Ant Media and Global Data Sentinel) through an investment of over £5.5 million in infrastructure credits and development support. The launch of the 2020 programme reaffirms OVHcloud’s commitment to supporting young companies that put the cloud at the heart of their business model.

The unprecedented impact of the coronavirus pandemic has caused major disruptions between businesses, and those waiting for invoice payments have been left in the lurch. 

Allica Bank, the business bank dedicated to empowering small and medium-sized businesses to succeed, has continued its recent growth with a trio of senior fintech hires, strengthening its commitment to deliver expert banking for business Britain.

Nu Quantum has raised £2.1m in Seed funding in a round led by Amadeus Capital Partners. Ahren Innovation Capital, IQ Capital, Cambridge Enterprise and Martlet Capital have also followed-on from the company’s pre-Seed investment round last September, with Seraphim Capital joining as a new investor.

Global aerospace and defence accelerator, Starbust has announced its expansion into India to engage directly with vibrant local aerospace and defence startups and facilitate communication between aerospace and defence corporates and innovative startups within domestic and global landscapes.

Weather Flare is gearing up for their debut launch of their one-stop health app dedicated to supporting those suffering from chronic pain through immediate, tailored, and expert support. The intuitive app makes tracking and communicating chronic pain symptoms in relation to specific weather conditions easy, simple and accessible.

Red Bull Basement 2020 is a forward thinking initiative for student innovators in all areas of study to innovate, collaborate and help improve student life. The program, expanding to more countries than ever in its third year, encourages student entrepreneurs across the UK to take a look at all aspects of life on campus and in their communities, and imagine creative ways to do things better.

For the first time, an insurer in Spain – Admiral Seguros, the Spanish subsidiary of global insurer Admiral – is using Artificial Intelligence (AI) to create damage valuations and to generate an offer of immediate payment on damaged vehicles. 

Huboo, the UK full-stack, software driven fulfilment provider, has announced that it has raised £14m, led by European technology VC Stride. Founded in 2017, Huboo uses unique ‘micro hub’ technology to enable online retailers of all sizes – a £27bn market – to access a complete end-to-end fulfilment operation within minutes.

It is estimated that less than one percent of all UK venture funding is awarded to all-female teams. A figure which Fund Her North –  a collective of 28 women with a combined investment power over £250m – just won’t accept for the 51% of women in the UK.

A London-based business growth agency is celebrating after recently scooping two prestigious awards in a week.

The Singapore Economic Development Board (EDB), the lead government agency in charge of industry development, is now on the hunt for innovative, cutting-edge tech solutions and ideas for major organisations in the region. If you’re based in Europe, you could be given the chance to pitch and gain access to decision makers of leading Asian organisations like CapitaLand, JG Digital Equity Ventures, Singapore Airlines, Singtel, StarHub, ST Engineering, Olam, Sembcorp, Singapore Post and the Singapore Tourism Board. In order to qualify and enter the pitch event free at the Singapore x Europe Innovation Partnership Forum (SEIPF) on 9-13 Nov 2020 please submit your details via the website here. The deadline for applications is October 2nd 2020.

LawtechUK, the government-backed initiative within Tech Nation, whose aim is to help transform the UK legal sector through technology, has chosen five new members to join its advisory board (known as the LawtechUK Panel).

IriusRisk, the threat modeling platform for Application Security has announced the closing of its $6.7m Series A fundraising. Global cyber investor, Paladin Capital Group led the round, with participation from 360 Capital Partners and existing investors Swanlaab, JME Ventures and Sonae Investment Management.

Representation Plus has launched its new virtual events platform ‘ezy’ with the highly successful ‘ANTOR Meets the Media’ event; a small virtual networking event for over 100 media, 17 exhibitor stands and individual meeting rooms for 1-to-1 meetings and press conferences, the BYO Café for casual chats, the auditorium for welcome speeches and the essential helpdesk.

Oslo Innovation Week, on the behalf of The City of Oslo and Innovation Norway, is proud to announce warm technology startup, No Isolation, as the recipient of the 2020 Oslo Innovation Award. Presented during the final day of Oslo Innovation Week, the Scandinavian city’s annual week-long technology festival, Karen Dolva, Co-Founder and CEO of No Isolation, collected the award from head juror, Per L. Saxegaard, Founder and Executive Chairman of the Business for Peace Foundation.

Worldline has announced a technology partnership with eCommerce payment orchestration innovator, BRIDGE. The partnership will initially focus on integrating the eCommerce payment consolidation and control features of the BRIDGE payment orchestration platform into Worldline’s UK rail eCommerce platform.

UK energy leaders are accelerating change to their employees’ working practices in response to the COVID-19 crisis and this can support the development of the talent and skills needed for the energy transition, a new report published today by POWERful Women reveals.