News

UK innovation investment stalled by skills shortage and regulatory hurdles

New research from innovation incentives specialist ForrestBrown revealed that while UK businesses are keen to invest in innovation, various obstacles are hindering progress. A shortage of skilled personnel emerged as a significant barrier, with 19% of businesses highlighting this issue.

Are UK businesses truly ready for energy and sustainability challenges?

According to research from True, in collaboration with Open Energy Market, 85% of UK businesses expressed confidence in the cost-effectiveness, reliability, and sustainability of their energy strategies. This data, highlighted in the whitepaper ‘Mind The Gap: From Ambition To Action’, delved into the key commercial drivers behind energy procurement and sustainability initiatives in the UK.

OxyCon 2024: key insights into the future of web scraping

The fifth edition of OxyCon, the flagship conference of the public web data collection industry, concluded last week with resounding success.

LoQus23 Therapeutics secures £35M Series A for Huntington’s therapy

LoQus23 Therapeutics, a private biotechnology company investigating small molecule drugs that could stop DNA instability and slow neurodegeneration in Huntington’s Disease, myotonic dystrophy type one and similar triplet repeat expansion diseases, announces the successful close of its £35 million (c.$43 million) Series A financing.

ekko aims to deliver $1bn to global environmental projects

Following the closure of its $2.5 million funding round, ekko is setting its sights on a bold mission to contribute $1 billion to environmental projects through a renewed focus on partnering with financial institutions.

Mindstone and Pearson partner for new Gen AI certification programme

Mindstone, an international training platform known for its focus on practical AI education for non-technical professionals, has teamed up with Pearson to introduce Pearson’s new Generative AI Certification programme.

Report reveals UK’s growing global VC position in EV batteries

A recent report has shown that the UK’s electric vehicle (EV) battery sector has reached record levels of VC investment, with UK-based EV battery startups securing $2.7 billion in funding since 2018.

Manchester’s £1.7bn innovation district, Sister, opens

Manchester’s £1.7 billion innovation district has officially launched its first building and revealed its new name: Sister. The district’s first tenant, Sustainable Ventures, Europe’s climate tech hub, is set to move into the Renold Building this November.

The Corporate Christmas Party is the most important event of the year

A survey of senior business leaders across various sectors in the UK has revealed that 77% consider the annual corporate Christmas party the most important work event of the year, underscoring its pivotal role in the corporate calendar.

Blackfinch launches Energy Transition EIS amid growing demand

Blackfinch Ventures has unveiled its latest offering: the Energy Transition EIS Portfolios, designed to provide investors with access to innovative technology companies driving the widespread electrification of society.

Carmoola completes £100m debt deal with NatWest

UK-based fintech Carmoola has announced a significant £100 million debt deal with NatWest, a move aimed at expanding its reach and further enhancing its innovative approach to car financing.

Data Centre & Cloud Innovation Summit 2025: Transforming the Future of Data Centres and Cloud Computing in Philippines

TraiCon Events will be hosting Philippines premier Data Centre Summit event titled “Data Centre & Cloud Innovation Summit” on 11th & 12th March 2025 in The Heritage Hotel MANILA – Rising Digitalisation Across Multiple Sectors.

EMERGE Tech Conference Gathers Top Tech Talent in Yerevan

The EMERGE International Tech Conference has transformed Yerevan into a vibrant startup hub, connecting pioneering founders from emerging markets, tech enthusiasts, and leading venture capitalists from across the globe. A two-day event, held on September 25-26 at the oxygen-rich o2 Gardens, brought together global industry leaders and sparked important public discussions at the intersection of AI, Humanity, Entrepreneurship, and Creativity.

The potential of agricultural technology, the new CAP, and sustainable development strategies set the agenda for Expo AgriTech 2024

Expo Agritech 2024 is preparing to become the major European trade fair dedicated to innovation in the agricultural sector. From 26 to 28 November, the event will turn Malaga, Spain, into the meeting point for players in the agricultural field, who will discuss how the latest generation of machinery, irrigation and water management systems, post-harvest equipment, fertilisers, agricultural yield solutions, agro-energy, biotechnology, plant nutrition and 4.0 technologies are making farms evolve, boosting their profitability, quality and sustainability.

Network X insights set to shape telecom industry

The organisers of Network X, have announced key agenda highlights for this year’s event, promising an unmissable experience for attendees. From October 8–10, 2024, over 5,000 industry leaders including disruptive startups, regulators, and technology providers will gather in Paris at the Paris Expo Porte de Versailles to shape the future of connectivity. With a record 200+ exhibitors and a comprehensive conference programme, Network X will showcase the latest innovations, offer exclusive networking opportunities, and provide key insights for businesses looking to stay competitive across telecoms.

BorrowMyDoggy investor launches £30m Growth fund

Growth investor IW Capital is set to launch a new £30 million fund aimed at supporting small and medium-sized enterprises (SMEs) across the UK, following the successful completion of a management buyout.

New tech confidence index shows optimism for 2025 amid government policy concerns

TechMarketView, a tech analyst firm, reported that 60% of UK tech companies expect improved business conditions by 2025, despite 56% describing the current climate as poor or neutral.

New funding boost for UK’s £10 billion semiconductor industry

Semiconductor firms across the UK, producing crucial technologies from smartphone screens to surgical lasers, are receiving significant backing to help them expand and contribute to economic growth.

Korean startup Dtonic, winner of the first edition of South Summit Korea 2024

Dtonic, a leading Korean startup in AI and data infrastructures, has emerged as the global winner of the South Summit Korea 2024 Startup Competition, co-organized by IE University, in collaboration with the Government of Gyeonggi and GBSA (Gyenggido Business & Science Accelerator).

New Technologies for Off-Grid Power: VTT Develops Fuel Cells for Extreme Conditions

Thousands of off-grid sites—such as telecommunications towers, weather stations, railways, and construction areas—require small, reliable sources of electricity. Traditionally, diesel generators have powered these remote locations, but the VTT-led RoRePower project has identified a cleaner, more efficient alternative: fuel cell technology. This innovative approach offers reliable, remote-controlled electricity generation, even in extreme environments that range from -40°C to over 50°C.