News

The Spanish entrepreneurial ecosystem has reached maturity and needs to explore new ways to revitalise itself and ensure its business model continues to grow. This the main conclusion of the 2024 Entrepreneurship Map, developed by South Summit in collaboration with IE University, which shows how startups already reach an average age of 3,19 years and follow a constant consolidation and growth compared to the 3,12 years registered in 2023. Additionally, 2 out of 10 startups in Spain are now scaleups, representing 3 percentage points more than the previous year and is also a symptom of this growing maturity.

Honiture is increasing its investment in pet and deep cleaning technologies to provide pet-loving families with innovative, convenient cleaning solutions. This commitment is highlighted as Honiture showcases its latest innovations at GITEX in Dubai and the Canton Fair, two leading platforms for advanced technology.

Alchemie Technology, a cleantech company, has been featured in a prestigious new book commemorating the 75th anniversary of the Commonwealth and King Charles III’s role as its Head. The book, The Commonwealth at 75, includes a spotlight on Dr Alan Hudd, Ffounder and CEO of Alchemie, and the company’s mission to cut emissions and pollution in the textile industry.

As the UK gears up for the Labour Government’s first Budget, research from innovation incentives specialist ForrestBrown reveals the key policy changes business leaders want from the new Government. 

shizl, a newly launched legaltech platform, is set to revolutionise how SMEs in the UK approach legal contract creation, negotiation, and execution. Designed to make legal processes simple, jargon-free, and affordable, shizl caters to businesses at every stage, from startups to larger enterprises.

British startup Auxtail has unveiled a new integrated bike rack designed especially for electric vehicles and, after eight years of development and patented technology, it’s targeting customers who love the outdoors and where sustainability is high on their list of priorities.

CitySwift has announced a significant new partnership with the Go-Ahead Group, a major provider of bus services in the UK. This collaboration will see CitySwift’s AI-powered platform, designed to enhance bus operational efficiency, rolled out across all Go-Ahead Group operating companies in the UK, bringing benefits to passengers, drivers, and cities alike.

ScaleWise, a specialist in helping venture-backed tech companies achieve capital-efficient growth, has announced its acquisition of Pug & Bear, a marketing and strategy consultancy led by SaaS expert Munya Hoto. This acquisition directly addresses a pressing issue in the startup ecosystem: the significant drop in early-stage companies advancing from Seed to Series B funding.

FIS, a global fintech, has partnered with Fulham Football Club to launch a new initiative at the newly developed Fulham Pier. This collaboration introduces “Markers, presented by FIS,” a sophisticated innovation and technology hub designed to enhance business and community engagement.

As part of its mission to help companies build better products and digital experiences, Amplitude has announced it acquired Command AI, a startup that provides intuitive, AI-powered user assistance to make software easier to use.

Startups Magazine is excited to announce that we will once again be exhibiting at The Business Show on the 13th and 14th November! Come by stand B1600 to pick up a copy of the never been seen before November/December issue of the magazine, and have a chat with the team!

Armalytix, a fintech specialising in financial data solutions for compliance and affordability, has announced its strategic move into family law, aiming to streamline financial discovery processes for legal professionals. By offering bespoke tools and financial insights, Armalytix hopes to address key pain points in family law cases, making it easier and faster for lawyers to access the financial information they need.

CEOs face sleepwalking into reputational disaster through a concerning over-confidence which masks inadequate crisis planning to mitigate modern day risks, new research shows.

The percentage of UK small business predicting growth for the final three-months of 2024 remains at the two-year high of last quarter (35%) – with significant upturns in growth forecasts across the North, the Midlands, and among younger businesses – according to new research from Novuna Business Finance.

Are you a startup looking to revolutionise your production process? CNC machining might be the game-changer you’ve been waiting for. Discover how this technology can boost efficiency, cut costs and help you compete with the big players. From rapid prototyping to small-batch production, CNC machining is transforming the startup landscape.

Chancellor Rachel Reeves faces warnings that the UK risks losing a significant number of owner-managed businesses if tax hikes are introduced in Labour’s upcoming Budget, according to new research commissioned by professional services firm Evelyn Partners.

Activity among SME manufacturing businesses saw a decline in September, although confidence in future growth remained high, according to the latest NatWest SME Growth Tracker.

SKL.vc is set to debut its B2C Launch Camp, a programme designed to give aspiring entrepreneurs a risk-free environment to explore their business ideas without dipping into personal savings.

The third edition of South Summit Industry & Energy, co-organised by South Summit and Bizkaia, will return on 21 and 22 November to the international entrepreneurship centre B Accelerator Tower (BAT) in Bilbao. The meeting for the entrepreneurial ecosystem focused on Industry 4.0, Energy Transition, and Mobility will bring together the most prominent leaders, startups, and investors in these sectors in the capital of Bizkaia to discuss the future trends, opportunities, and challenges they face.

French space startup Skynopy, specialising in satellite connectivity, has announced a new partnership with satellite IoT operator Kinéis to launch its own network of antennas and enhance its turnkey satellite connectivity services. This collaboration addresses the increasing demand for space industry solutions.