News

UK SMBs losing as much as £1Bn per month from poor expense tracking

According to new research from Dext, the bookkeeping automation platform provider, the UK’s small and medium-sized businesses (SMBs) surveyed could be losing a staggering average of £742 every month from incorrect invoicing stemming from poor tracking of rechargeable expenses. With the UK home to over 5.5 million SMBs, the figures indicate up to a £1.1 billion monthly shortfall in the economy, signalling the need for a massive overhaul of outdated expense management practices.

UK employees call for more AI in the workplace

A new global survey titled ‘AI Workplace Report’ from Freshworks, a business software provider, reveals that nearly half (45%) of UK employees would consider swapping their current jobs for roles that better harness AI, and 35% of UK workers say they have already received a salary bump or a promotion as a result of their AI usage.

Record number of people take part in Techtimeout Tuesday

On December 3rd, organisations representing millions of people took part in Techtimeout Tuesday – the UK’s biggest digital wellbeing day.

Seoul to Host 1,040㎡ ‘Seoul Pavilion’ at CES 2025: “Advancing Global Success for Seoul Startups”

The Seoul Metropolitan Government announced on December 9 that it will operate its largest-ever exhibition space for Seoul-based startups at CES 2025, the world’s largest consumer electronics and ICT trade show. The event will run from January 7 to 10, 2025, in Las Vegas, showcasing cutting-edge technologies from emerging companies worldwide.

Keychron launches award-winning K2 HE Wireless Magnetic Custom Keyboard for direct sales following $1M+ Kickstarter success

Keychron, a leading manufacturer of peripherals compatible with Mac, Windows, and Android, launched direct sales of the Keychron K2 HE Wireless Magnetic Custom Keyboard. This high-performance mechanical keyboard combines the best of traditional mechanical technology with the advanced benefits of magnetic switches in a minimalistic design accented by natural rosewood. Following a successful Kickstarter campaign that raised over $1M USD, the K2 HE is now available for direct purchase on Keychron’s website, starting at $130 USD.

Twinit Unveils 3D Vision-Based AI Skin Analysis, Wins CES 2024 Innovation Award

EntreReality, a digital human startup headquartered in South Korea, has launched Twinit AI Makeup to establish its footprint in the global beauty tech market. With cutting-edge technology that combines AI and 3D vision, Twinit aims to redefine the cosmetics experience for users worldwide.

AgrofoodBIC and Eatable Adventures: together to support the growth of Agrifoodtech startups

AgrofoodBIC S.r.l. (Business Innovation Centre), a multi-company open innovation hub active nationally and internationally since 2019, partners with Eatable Adventures to identify and accelerate global startups that address the evolving needs of the Italian foodtech sector. This collaboration aims to foster innovation and build bridges between established companies and emerging ventures.

cocreatd launches first co-founded company System7

System7, a new AI consultancy co-founded by Nicolas Baxter designed to transform marketing and sales teams, has launched as the first co-founded company from cocreatd, the venture studio founded by Oliver Yonchev.

Algortithmiq joins QuEra Quantum Alliance to accelerate breakthroughs on neural-atom quantum computers

Algorithmiq, a team pioneering the integration of quantum computing, artificial intelligence (AI), and super-computing to solve complex problems in the Healthcare and Life Sciences, and QuEra Computing, the company in neutral-atom quantum computing, has announced that Algorithmiq has joined the QuEra Quantum Alliance Partner Program.

UK businesses risk disruption as PSTN switch off approaches

With the phased shutdown of the Public Switched Telephone Network (PSTN) and Integrated Services Digital Network (ISDN) set to conclude in 2027, new research from Zen Internet has revealed that UK businesses are alarmingly unprepared for the transition.

Antler’s European partners share predictions for 2025

AI will continue to dominate the European tech ecosystem in 2025, according to the Partners at Antler, the early-stage VC firm in Europe.

AI Simulator hired to assist toolkit for American Angel Capital Association

AI Simulator, a technology that uses AI to replicate the private investment market, is set to join the American Angel Capital Association as a consultant to develop a curriculum for their deeptech toolkit. This prestigious project, funded by the Nation Science Foundation, aims to educate early-stage investors.

Venture Builder-backed startups achieve major investment

Three startups supported by the Venture Builder at Nottingham Business School’s Centre for Business and Industry Transformation (CBIT) have achieved significant milestones in investment and growth.

European Commission helps manufacturing startups and SMEs

The EU has officially launched DiMAT, a project offering European materials SMEs the digital tools they need to meet competitive challenges, both in Europe and globally.

Steven Bartlett’s podcast criticised for spreading health misinformation

A BBC investigation has revealed that Steven Bartlett, host of the Diary of a CEO podcast, has amplified harmful health misinformation, potentially undermining trust in conventional medicine.

Female tech founders perceived as less competent by job seekers

Female technology entrepreneurs struggle with recruitment because they are viewed as less competent and warm, and the startup perceived as less likely to grow or empower employees, finds new research from Mannheim Business School.

Successful 2024 for biotope’s startup portfolio

Belgian biotech startup incubator and early stage investor biotope by VIB saw three of its portfolio startups achieve significant milestones in 2024, raising investment in excess of €10m and launching novel products to the market. In addition, these and other startups in the portfolio were awarded grants totalling €10.4m.

Business travel crucial to driving and retaining business

New research from American Express finds that business travel is a crucial growth driver for small and medium sized enterprises (SMEs), with over half (57%) of decision makers saying that employee trips over the past two years were for the explicit purpose of generating new business opportunities.

Report urges UK greentech companies to capitalise on Taiwan’s commitment to net zero

Taiwan’s ambitious drive to reduce its reliance on imported fuel and achieve its net zero targets is opening significant opportunities for UK renewable energy companies, according to a new report.

Cornwall Slush’D 2025 returns to Newquay this September

Tech Cornwall announces that Cornwall Slush’D will return to Newquay on 17th September 2025.