News

Lightweight solar company Solivus has announced it has been paired with modular services and infrastructure giant Modulaire Group as part of the Mayor of London’s Better Futures Net Zero Innovation Challenge.

SuperTech, the UK’s only Tech supercluster, welcomes world-first investment technology, AI Simulator, to play a pivotal role in supporting early-stage founders in the SuperTech Seeds programme. The platform provides crucial assistance to entrepreneur at the ‘idea stage’ as they work to develop their business models and navigate the complexities of the startup investment market.

An overwhelming majority (86%) of CFOs and finance leaders feel that decisions about their organisation’s financial strategy are made without sufficient data or insight, according to a new survey by AccountsIQ, a provider of cloud-native accounting software for mid-sized businesses.

Founders and business leaders seeking sustainable growth are invited to join Growing with Purpose: A Founder’s Workshop for Business Success, taking place on Thursday 21st November 2024. The workshop, hosted at Bingham Riverhouse, is designed to help entrepreneurs, founders, and business owners break through structural barriers and master the art of cash flow, as well as learning how to build a business that balances profit and purpose.

It has been a week since the Autumn Budget was delivered by the Chancellor of the Exchequer, Rachel Reeves, and the dust has started to settle.

Over 100,000 aspiring entrepreneurs have now taken their first steps toward building a business with the support of Venture Planner, an AI-driven platform designed to simplify the journey from idea to actionable business plan. In just 11 months, the platform has gained traction among users across 22 countries and 74 industries, offering practical, tailored business planning tools that help turn dreams into reality.

Vuka Group and Africa’s Green Economy Summit are spearheading efforts to boost Africa’s inclusive economic growth by connecting project owners with a global network of investors. This strategic initiative aims to accelerate vital projects, promoting sustainability and prosperity across the continent.

Normative, a company in enterprise carbon accounting across the Nordics, EU, and UK, has announced its acquisition of Eivee, a carbon accounting solution provider serving some of Denmark’s largest companies. The terms of the transaction were not disclosed.

New analysis of Foreign Direct Investment (FDI) data by London & Partners shows that more AI companies (75 companies) from London have expanded internationally than from any other city globally post-pandemic. The UK capital has also welcomed the second-highest number of AI companies (94 companies) in the world, after Dubai (112 companies).

Mahdi Yahya, CEO and Founder of Ori, a UK-based provider of GPUs for AI compute, argues that the UK has all the ingredients necessary to build its own sovereign cloud computing infrastructure – but it’s being held back by a lack of imagination from senior tech players. 

Zyxel Networks, a company in delivering secure and cloud-powered networking solutions, is launching its new XGS1935 series of Lite-L3 smart managed switches to meet the growing connectivity and sustainability needs of small businesses.

Neustark, a Switzerland-based, carbon removal specialist and one of the fastest growing companies in Europe, and UK-based building materials supplier, Aggregate Industries, are introducing a new technology that permanently removes carbon from the atmosphere and locks it into recycled concrete.

Virgin Media O2 has launched an all-new Small Business Partnerships initiative with leading brands Virgin StartUp, GoDaddy, and egg, to bring exclusive offers to small business customers. This initiative aims to equip entrepreneurs across the UK with the technology, resources, and networks to succeed.

Cambridge Future Tech has entered into a relationship with Nokia Bell Labs and Nokia Ventures & Partnerships, to establish OmniBuds, for the commercialisation of Nokia Bell Labs OmniBuds platform, the world’s first ear-worn AI/ML computing platform designed to monitor vital signs, including heart and respiration rates, as well as users’ physical activities and audio experiences. This device is poised to revolutionise the health and wellness industry by providing continuous, real-time insights to care providers and enhancing patient care. 

Microsoft has launched its new GenAI Accelerator programme, aimed at advancing AI-driven startups in the UK and positioning them for long-term success.

Blue Earth Summit arrived in London in October 2024,  located within a former machinery, manufacturing, and innovation quarter at Woolwich Works.

Novuna Business Cash Flow, a provider of financial solutions for small and medium-sized enterprises (SMEs), has reviewed the UK’s latest budget announcement, which introduces significant changes expected to impact businesses across the country.

UK quantum technology company Aquark Technologies, in partnership with the Office of the Chief of Technology Officer (OCTO) for the Royal Navy, successfully demonstrated the capabilities of its novel cold atom technology on the Royal Navy’s HMS Pursuer vessel.

Augment Aero, a female-led aerospace technology company, has been awarded “Innovative Tech of the Year” at the South Coast Tech and Innovation Awards 2024, held at the Hilton Southampton on October 3 and hosted by The Business Magazine.

Finnish biotech scaleup Enifer has filed for Novel Food authorisation from the European Food Safety Authority (EFSA) for its mycoprotein PEKILO – marking a major milestone in the company’s mission to bring an innovative and eco-friendly protein to the European food market.