News

IGNITE 2024 – Premiere Startup Launchpad

BITS Pilani is launching IGNITE 2024, its flagship startup pitching competition, on November 9th-10th at the BITS School of Management (BITSOM), Mumbai. Aimed at early-stage startups, this event offers an unparalleled chance to pitch to over 70 of India’s leading venture capitalists and angel investors, including Anthill Ventures, Acumen, and Unicorn India Ventures.

Premature GenAI integration can derail an AI strategy

The past year has seen a rapid acceleration in the rate of adoption of Generative AI (GenAI) solutions.

Life science startups to accelerate growth with Discovery Spark

Discovery Park, a science and innovation hub in Sandwich, Kent, has opened applications for the third round of its business growth programme, ‘Discovery Spark’.

AI survey reveals scepticism towards Big Tech and demand for regulation

A recent survey conducted by CommsCo PR has shed light on the shifting attitudes of AI experts, marketers, and influencers toward artificial intelligence and major tech companies. The findings indicate a growing distrust of big tech firms and a strong demand for tighter regulations, alongside cautious expectations for AI’s potential impact over the next five years.

Culture15 unveils Rosetta – an AI LLM programmed for business success

Culture15, a business culture platform, has introduced a new AI-powered feature that aims to transform how organisations assess and manage their workplace culture. This innovative tool translates qualitative employee feedback into clear, measurable data, eliminating vague interpretations and providing deeper insights.

Alibaba research reveals optimistic business outlook for global SMEs

Global small and medium-sized enterprises (SMEs) are showing renewed confidence in their future growth, according to recent research from Alibaba.com, a prominent B2B e-commerce platform.

UK Government partners with Greenpixie to boost digital sustainability

The UK Government has partnered with Greenpixie, a UK-based cloud startup, to enhance both the accessibility and sustainability of its digital services.

AWS and IQ Capital join Cooper Parry to empower next gen of data-driven CEOs

VentureCEO has officially kicked off its ‘Future of Data’ cohort, the flagship early-stage programme developed by Cooper Parry’s Tech & High Growth team, which is recognised as a leading advisor for UK startups and scaleups in the accounting and tax sectors.

Quantum Metric unveils new product suite to enhance digital decision-making

Quantum Metric, a digital analytics platform focused on customer-driven insights, has launched a new product suite aimed at enhancing the analytical capacity of businesses with complex digital environments.

Government launch Labour Market Advisory Board to tackle spiralling economic inactivity

The Government has unveiled the Labour Market Advisory Board, created to address what is being described as the most significant employment challenge in decades.

Over half of entrepreneurs may leave Britain if Labour raises Capital Gains Tax

A recent survey by Helm, a UK based entrepreneur network, revealed that 60% of its members are contemplating leaving the country to avoid a potential rise in Capital Gains Tax (CGT).

LONDON SMEs LOSING £28 BILLION ANNUALLY DUE TO INADEQUATE BROADBAND

Despite the widespread availability of gigabit connectivity across London, small and medium-sized enterprises (SMEs) in the capital continue to struggle with slow and unreliable broadband. High costs and complex procurement processes are deterring many SMEs from securing the reliable internet services they need, creating a significant barrier to productivity, innovation, and competitiveness.

Xiphera unveils quantum-resilient hardware security for space applications

Xiphera, a Finnish startup specialising in hardware-based security solutions, has unveiled a project to develop quantum-resilient Authenticated Boot and Hardware Root of Trust systems for space-grade semiconductor architectures.

Maven announces profitable exit from CB Technology

Maven Capital Partners, a private equity firm based in the UK, has completed the sale of its stake in CB Technology (CBT), a specialist in electronics contract manufacturing, following its acquisition by Elite Electronic Systems (Elite).

Nominations open for ‘The Fintech Power 50 2025’

Nominations are now open for The Fintech Power 50 2025, the annual guide showcasing the most influential and innovative companies, along with visionary leaders shaping the future of the fintech industry.

£150,000 Available to Support a North West Entrepreneur

An opportunity to secure £150,000 in funding, advertising, and resource support is now open to entrepreneurs from less advantaged backgrounds outside of London, thanks to Havas Boost, an entrepreneurship programme launched by Havas Media Network UK.

UK Tech Analyst Urges Businesses to Appoint Chief Sustainability Technology Officers

TechMarketView, a tech analyst and advisory firm, has provided a preview of its upcoming 2024 Sustainability Technology Activity Index, which highlights key trends shaping the sustainability landscape. The Index, which analyses market movements across 1,450 global software and IT service providers and tech users, reveals that sustainability is poised to drive a new wave of innovation at the crossroads of business operations, technology, and environmental stewardship.

easyJet and JetZero partner to develop blended wing body aircraft for commercial aviation

easyJet has partnered with JetZero to develop an innovative blended-wing aircraft, promising up to 50% lower fuel consumption and greenhouse gas emissions compared to traditional tube-and-wing designs. These future aircrafts also hold the potential to be hydrogen-powered.

Kuva Space and Isaware’s Sunstorm CubeSat Successfully Completes Mission and Re-enters Earth’s Atmosphere

Finnish company Kuva Space, specialising in hyperspectral microsatellites and AI-powered insights, announced the successful conclusion of the Sunstorm CubeSat mission.

Melt&Marble completes successful demo-scale fermentation for designer fats

Melt&Marble, known for its precision-engineered designer fats, has reached a significant breakthrough by scaling its fat fermentation process to volumes in the tens of thousands of litres.