Skyral secures $20M Series A to accelerate modelling and simulation technology

British modelling and simulation software company Skyral has announced that it has raised $20 million in a Series A funding round led by European venture capital firm NOIA Capital.

e.l.f. Beauty acquires Hailey Bieber’s rhode in $1bn deal

e.l.f. Beauty signed a definitive agreement to acquire rhode, the lifestyle beauty brand founded by Hailey Bieber, in a deal valued at $1 billion.

Scaling in an unstable market: the current challenge for fintechs

Fintech is approaching a time of consolidation. During the last decade, growth has been rapid and expansive, spawning new technologies and seemingly endless startups. But while both markets have always been characterised by volatility, various socioeconomic factors have led to an industry slowdown.

Beyond survival: SMEs turn to strategic finance as inflation bites again

The sharp rise in UK consumer-price inflation to 3.5% in April has re-energised cost pressures that never fully dissipated after the pandemic and subsequent global trade shocks. Higher energy contracts, steeper materials costs, and renewed wage demands are converging to erode already-thin operating margins, forcing the country’s 5.5 million small and medium-sized enterprises to revisit their financing playbooks.

Garbage in, garbage out: how bad data can fool AI

In the realm of artificial intelligence, the adage of “garbage in, garbage out” holds more weight than ever before. 

The problem with periods, plastic, and pollution

Ira Guha is the founder of Asan, an award-winning social venture committed to reducing period product waste and ending period poverty.

Monumo’s AI powers over 11% material cost savings for EV motors

Monumo, the deeptech company coupling AI and machine learning (ML) with traditional engineering expertise to redesign the electric motor, has achieved an 11.4% reduction in the bill of materials (BOM) including a 23% reduction in magnet volume from an EV powertrain and without compromising efficiency.

£1.8M to back cutting-edge transport innovations

Connected Places Catapult, the UK’s innovation accelerator for transport, the built environment, cities and local growth, announced on 20th May that applications are open for the latest Transport Research and Innovation Grants (TRIG) programme which will award up to 40 projects up to £45k each.

AI data-fabric Treefera secures $30M Series B funding

Treefera, the AI-enabled data fabric for supply chain resilience, has announced that it has raised $30 million in Series B funding to drive product development and expansion across North America, APAC, and Europe.

Understanding investment: what are the circles of funding and portfolio theory?

For founders trying to find their way through the world of investment, the language alone can feel like a closed shop: SEIS, Series A, VCT (venture capital trust), syndicates, ARR (annual recurring revenue), traction. But understanding these terms – and the logic behind how investors make decisions – can change how you approach pitching entirely.

Wear it well: founders, stop fidgeting and start flaunting

“I was fidgeting through life in outfits – and identities – that didn’t quite fit.”

2025 is the year of the scaling female founder

In 2025, women entrepreneurs across the UK are entering a new phase of ambition and growth. Momentum is building – and it’s measurable.

Strong business resilience and leadership skills underpin optimistic UK SME outlook

Over two-thirds (68%) of SME leaders believe their business is resilient and prepared to withstand challenges, with a similar proportion (69%) feeling confident in their ability to recover quickly from setbacks.

Legacy tech is bleeding enterprises as modernisation delays cost

With AI adoption racing ahead, outdated systems are holding organisations back as technical debt is rapidly becoming one of the most expensive challenges facing enterprises today, costing them more than just money.

Fewer than two-thirds of employers ‘very confident’ in pension compliance

Less than two-thirds (57%) of employers are ‘very confident’ that their pension scheme is compliant with automatic enrolment regulations, according to new research by Towergate Employee Benefits. This is leaving businesses open to the possibility of non-compliance notices and fines.

Mollie grows by 30% in 2024

Financial services provider Mollie has announced its financial results for 2024. In a year when the European fintech sector faced growing pressure on margins and growth, Mollie delivered strong financial performance. Gross profit rose by 30% to €115 million. Revenue also saw a significant increase of 28%, reaching a total of €214 million.

Apheros: material innovation for a sustainable future

Two founders on a joint endeavour, sharing one vision; Apheros is a product of the innovative and entrepreneurial minds of Gaëlle Andreatta, and Julia Carpenter, Co-Founders and CEOs, who, alongside their team, are dead set on becoming the catalyst behind the transition to a sustainable future through materials innovation.

Looking for legal advice? Half of Brits would ask AI over a lawyer

Artificial intelligence (AI) usage is on the rise, but with many using it for basic admin tasks and every day queries – a shocking half of Brits would use it for their legal decision-making.

Where are they now: Brainpatch

All the way back in our 2023 May/June issue, we had the pleasure to speak with CEO & Founder Nickolai Vysokov about his company, BrainPatch, who is pioneering an e-meditation device which delivers meditative, quickly calming, and stress-relieving sensations via small, non-invasive electrical currents to the brain.

BrewDog founder tips Basket as next unicorn as it launches crowdfunding campaign

An innovative AI-driven shopping platform founded by a former Dragons’ Den contestant is aiming to raise £2 million through Crowdcube.