News

Donut Lab has developed an entirely new approach to building electric vehicles. The company’s development platform offers manufacturers a library of inter-compatible components that can be used to produce new electric vehicles such as supercars, buses, drones, or SUVs in record time. In addition, the company promises that vehicles built on the platform have significantly better performance and they are lighter and more affordable to manufacture.

Global research group, The Hurun Research Institute, has just released the Hurun UK Under30s 2024, showcasing outstanding young entrepreneurs in the UK who are driving growth and job creation.

iwoca has announced access to a £500,000 fund to help small businesses and employees build skills in AI and data analytics.

After the success of its latest edition, Digital Enterprise Show (DES) 2025 is gearing up for its ninth annual event in Málaga, strengthening the Costa del Sol capital as a European hub for technological innovation. The event is expected to host over 17,000 executives. This year’s edition will again highlight Artificial Intelligence (AI), not only for its transformative impact on digital transition but also for its crucial role in structuring and coordinating various business areas. AI acts as a “digital brain” capable of managing the complexities of today’s technological landscape and ensuring organisational success.

This international hub on cybersecurity, co-funded by Instituto Nacional de Ciberseguridad (INCIBE), an entity under Ministerio para la Transformación Digital y de la Función Pública, through Secretaría de Estado de Digitalización e Inteligencia Artificial, and Universidad de Salamanca has connected Spanish companies with international investors by attending the Finnish event on 20-21 November.

Vegan meal kit startup Allplants has officially entered administration, with 65 members of its staff having been made redundant already.

Over three-quarters (76%) of UK software buyers expect their business to increase spending on software in 2025, according to Capterra’s 2025 Tech Trends survey. Of this group, 59% expect to spend between 5%-15% more on digital solutions next year compared to 2024.

South Summit Industry & Energy concludes a new edition at the B Accelerator Tower (BAT), the international entrepreneurship centre in Bilbao. Over the past two days, it has become the meeting point for some leading experts, leaders, and representatives from companies and startups in Industry 4.0, Energy Transition, and Mobility.

One of Europe’s freelancer platforms, Malt, has launched its new AI Search tool to help cut the process of selecting top freelance talent from days to seconds and make managing freelancers easy and scalable.

Eleven of the UK’s quantum pioneers met technology giants and venture capitalists from the Asia Pacific region during two days of business matchmaking meetings alongside the recent UK National Quantum Technology Showcase event. Several of the companies expect to progress commercial discussions as a result.

Tide, the business financial platform in the UK, has launched an automated carbon calculator developed in partnership with carbon measurement pioneer Connect Earth. The new tool will allow Tide’s 650,000 UK members (customers) to view an estimated and categorised understanding of their carbon emissions.

US VC firm Voyager Ventures has launched a London operation in a vote of confidence in European climate tech companies.

South Summit Industry & Energy, the event for the entrepreneurial ecosystem of these sectors organised by South Summit and the Provincial Council of Bizkaia, kicked off its third edition at the  B Accelerator Tower (BAT) international entrepreneurship centre in Bilbao.

A new report by Marktlink reveals that while 20% of UK SME owners believe there are insufficient growth opportunities within the domestic market, a mere 11% would consider selling their company to a foreign buyer.

Red Bull Basement, the global event empowering a new generation of innovators to launch world-changing, AI-powered startups, has announced the teams set to compete in the 2024 final in Tokyo next month.

London Lab Live 2025 is set to debut on 14th –15th May 2025 at ExCeL London, bringing together professionals from across the lab sector to inspire collaboration and innovation. Representing industries such as chemical and material science, FMCG, food and beverage, agriculture, pharma, biotech, medical, real estate, academia, and beyond, the event promises to be the UK’s most dynamic gathering for the lab community.

A decade of transformation in European tech is in the spotlight with the release of the tenth anniversary edition of the State of European Tech report. Charting a journey of remarkable growth, the report also examines the sector’s potential to drive innovation amidst present-day challenges.

The European unicorn landscape, home to companies that are valued at €1 billion or more, has undergone rapid expansion over the past five years, and is now worth €447 billion. However, valuations of many of these companies, especially those that happened in 2021 and 2022, appear overdue for reassessment.

Just 13% of businesses are fully ready to capture AI’s potential, down from 14% last year, according to research from Cisco.

Sky Labs’ wearable device, Apollon, has been named an ‘Honouree’ in the Artificial Intelligence category at the CES 2025 Innovation Awards.