News

Surface Technology International Limited (STI), a contract electronics manufacturer located in Hampshire and Cheshire, secured an £11.3 million asset-based lending facility from Cynergy Business Finance (CBF).

ULTRA.VC, an EU-based impact accelerator and early-stage investor, released the second cohort of purpose-driven startups at the Demo Day, held in Warsaw on June 27.

Project Brains, a Future of Work startup, has proudly announced its receipt of the prestigious Innovate UK Smart Grant for its AI-powered B2B platform, ‘ProdigyPB’. This award represents a significant milestone for the company, addressing the critical skills shortage faced by UK businesses, particularly startups, scaleups, and SMEs.

Female Foundry has announced a partnership with the Google for Startups Cloud Program. This partnership will provide eight innovative female-founded companies going through a six-week Visionaries AI Programme access to a breadth of Google resources designed for early-stage startup founders, including its latest innovations in AI.

Taxfix Group, a European financial platform for digital tax filing, has entered into a definitive agreement to acquire TaxScouts, a company working in accountant-assisted digital tax filing.

Revyve, a foodTech startup, has innovated a solution to eliminate animal-derived texturisers and additives from burgers while maintaining a meaty bite.

Malverde, a London-based company dedicated to combating fraud and financial crime, officially launched in June.

DeepL has unveiled the global launch of its business translation solution, DeepL Pro, expanding to 165 new markets across APAC, Africa, Europe, the Americas, and Antarctic regions and territories.

Kagool has been awarded the UAE 2024 Microsoft Partner of the Year for its Generative AI work with the UAE Federal Government.

This edition of the Startup OLÉ fair in the city of the Costa del Sol brought together nearly 1,000 attendees, some 250 speakers, more than 100 startups and more than 50 investors/corporates. It was supported by Ayuntamiento de Marbella and Junta de Andalucía.

Octopus Ventures has announced the appointment of Erin Platts as its new CEO. Erin will take on her new role in January 2025, following a distinguished 20-year career at the intersection of finance and the technology startup ecosystem.

Nyobolt has advanced its high-power density, fast-charging battery technology from the lab to practical application with the debut of its first operational EV prototype.

The 16th May saw our prestigious group of judges come together for The Hustle Awards judging day 2024, sponsored by Anglia Unicorn. Taking place at MYO in London Victoria, the judges vast and diverse array of knowledge and expertise equated in a fantastic day.

New research from Experian has revealed British businesses recognise the critical role effective data governance plays in today’s modern economy but cite inherent obstacles in putting these practices into action.

Wayve, a startup pioneering Embodied AI for self-driving technologies, has introduced PRISM-1, an innovative 4D reconstruction model that enhances the testing and training of its Advanced Driver Assistance Systems (ADAS) and autonomous driving technology.

Techspace, a provider of flexible workspaces tailored for the tech industry, is launching a new location in Clerkenwell, London, following a major acquisition by Capreon. This new site will accommodate 900 desks and over 1,000 new members.

The ALSO UK Cloud Summit 2024 hosted a panel of security industry experts this month to explore the latest trends, developments, and challenges in artificial intelligence (AI) and cyber security for cloud resellers and British SMEs.

We are not far away now from the highly anticipated Hustle Awards 2024! On the 18th of July we will be at the Steel Yard in London celebrating the extraordinary efforts and achievements of those making a splash in the startup community!

Fitness expert Joe Wicks and beauty entrepreneur Trinny Woodall will join the 22nd series of Dragons’ Den as Guest Dragons, alongside Emma Grede, who is returning following her successful appearance in the previous series.

Workspace Design Show continues to innovate, expanding its diverse portfolio of exhibitors for the London and Amsterdam 2025 shows, and will feature Umbrella Furniture as the lead partner for the talks areas at the 2025 London edition, designed by Gensler and Ryder Architecture.