News

The smarthome security startup, Boundary Technologies is launching its first self-service system in October, and looking to hire a reformed burglar to assist with consultations surrounding home thefts, alongside extensive product testing.

Mouro Capital, the $400m successor fund of fintech-specialist Santander, InnoVentures, has led a $26m financing round including debt and equity in Uncapped, a company changing the way growing online brands fund marketing and inventory.

Made Smarter has launched an innovative, streamlined process to enable more SME manufacturers to speed up their digital transformation.

Ceryx Medical, a bioelectronics startup working towards the world’s first curative therapy for heart failure, has secured a £575,000 seed round.

A deep-tech company predicting and optimising the global economy called causaLens has released the first causal Artificial Intelligence (causal AI) enterprise platform. Businesses no longer have to rely on curve-fitting machine learning platforms unable to handle the complexity of today’s world. They are invited to join the real AI revolution with a platform that understands cause and effect.

Tech Nation has announced the 31 tech companies that have been selected to join the Fintech Cohort 3.0, in conjunction with revealing new data that shows the UK is leading fintech in Europe.

Just 15% of UK SMEs think the Government is creating an economic environment in which they are encouraged to innovate, according to new research by GovGrant, the R&D and IP specialists.

A new study, commissioned by business bank, Allica Bank, shows that an SME’s attitude and approach to innovation is the clearest indicator of whether that business will be successful. As such, the Bank is urging all businesses to be open to improving their products and services, as the British economy works to recover post-COVID.

The UK Government’s announcement of increased restrictions will drive many companies to the brink, according to the latest ‘Coronavirus – The Impact on Business’ from the Data & Marketing Association (DMA).

Online payment orchestration innovator, BRIDGE, has been shortlisted in four award categories, including Payment Startup of the Year and Most Disruptive Payments Technology, at the highly regarded, international annual Payment Awards.

Bounce Back loans, the most popular HM Treasury support measure, used by SMEs are running low, finds the latest insights1 from fintech business lender, MarketFinance. These SMEs are aware they can get more HM Treasury support by applying for larger loans through the Coronavirus Business Interruption Loan Scheme (CBILS) but did not know the deadline was end of this month.

Israel’s Touchless.ai has started to deploy a voice solution that turns any interactive kiosk into a voice-activated touch-free interface. The solution was specifically designed to overcome the problems of commercial environments: accuracy in noisy conditions, complexity for users, and significant cost and time needed to adapt for each business.

Ziglu, the challenger and fully FCA authorised Electronic Money Institution, have opened their crowdfunding round to the public today.

A post-COVID-19 Great Digital Catch Up – to support 4.5 million people to cross the digital divide – is presented as the solution to fix the UK’s digital divide in a new report by digital inclusion charity, Good Things Foundation.

Alternative SME credit specialist, Caple has helped Cloudbooking, a cloud-based room, desk and visitor booking software firm, to access multimillion-pound unsecured funding, contributing to an estimated 50% growth for Cloudbooking.

Aiways has started taking online orders for its U5 all-electric SUV. German customers can now order a U5 from the Aiways website, and become among the first in Europe to own an all-electric 410km range SUV from Aiways.

Minecraft has signed up to use a spatial simulation engine that is so powerful it is also being used in the fight against COVID-19. Created by supercomputing startup, Hadean, Aether Engine is being made publicly available for game studios of all sizes, from independent developers to AAA game studios, with Minecraft developer Mojang Studios as its first global partner.

With the travel industry under threat and the off-peak season looming, the travel platform behind the ‘daycation’ trend is pioneering an innovative way to breathe life into empty hotels: turning hotel rooms into flexible offices that people can work in for the day.

Business bank, Allica Bank is launching a £100m funding round to help it meet the current high levels of demand for finance it is experiencing from British businesses, and continue broadening services and product lines.