News
Investment syndicate, Equity Gap is celebrating 10 years as one of Scotland’s most successful angel investment groups with record investment figures and a healthy pipeline of new deals. Meeting the challenge of COVID-19 head on, the syndicate completed 22 investments in the first half of 2020, with total member funds invested since inception topping £20m.
Otter.ai announced today the launch of Otter for Events – a new collaboration service that completely changes the virtual and offline events experience for organisers and audiences alike. With Otter Live Notes’ AI technology fully capturing event conversations and turning them into highly accurate interactive, collaborative transcripts in real-time, this offering provides a wealth of previously untapped benefits and value. It is targeted at any organisation hosting a virtual, live, or in-person event – no matter the audience size.
Funding has increased by a staggering 940% for UK cyber security startups since the beginning of lockdown – with £496m being raised in the first half of 2020, almost outstripping the 2019 total of £521m. Investors have been quick to put their money towards startups specialising in cyber risk management, as the pandemic forced CEO’s to look beyond just financial or regulatory risk.
A tech entrepreneur who created the world’s first truly wireless earbuds with live voice translation has pivoted during lockdown and used his global manufacturing connection to create a brand new organisation tasked with making and distributing high quality, certified PPE at affordable prices to the healthcare sector and local businesses.
Launched in late 2018, Nu Quantum recently became an Associate Member of the EU-funded Graphene Flagship project. The startup, a spin off from the Cavendish Laboratory at Graphene Flagship partner the University of Cambridge, UK, specialises in single-photon quantum technology that is set to create unbreakable encryption keys.
Samsung Electronics has announced that the new Samsung Pay Card, powered by Curve, and in conjunction with global payments technology company, Mastercard will be available from 18th August. With ONE simple to use digital-first card, Samsung Pay Card gives users complete control over their spending, without the fuss of having to change banks.
Research has revealed that 47% of managers believe their employees may be at risk of burnout, following a change in work pattern or behaviour bought on by COVID-19. Over a third (36%) of British employees stated that their mental health and wellbeing has suffered as result of working longer hours during COVID-19.
The Data & Marketing Association (DMA) has published the results of its fifth ‘Coronavirus – The Impact on Business’ survey revealing the first signs of recovery. about job retention. But despite these early indications, concerns about difficult staffing decisions in the coming months also see a significant increase.
Arieli Capital, which operates innovation centres in Israel and around the world, and Ramat Hanegev Regional Council, are conducting discussions with officials in the United Arab Emirates (UAE) about advancing desert agriculture projects. Discussions began before Israel and the UAE announced a normalisation agreement between the two counties on 16th August.
As the pandemic swept across the country earlier this year, crowdfunding campaigns were soaring on course to raise record amounts, according to new data. New findings show that for the period of January – July 2020, the average total of the amount raised by crowdfunding campaigns was up by 1,006% vs 2019, with the average number of supporters per campaign also up year-on-year by 769% over the seven months.
According to a new report by global recruiter, Robert Walters and data provider, Vacancysoft – ‘Cybersecurity: Building Business Resilience’ – UK SME’s are at risk of 65,000 cyber security attacks daily – with around 4,500 of these being successful – and the figure could be much higher since the beginning of COVID-19.








