NexGen Cloud, a UK-based technology firm specialising in AI infrastructure, is announcing the successful closure of its Series A funding round, raising a substantial $45 million, with a post-money valuation of $354 million.
Launched in 2021 by Luca Colciago, Jack Diamond, and Matteo Avramov Giulivi, pan-European growth debt platform, Atempo Growth has announced the first close of its Second Fund, Atempo Growth II. This close increases the firms AuM to over €700 million.
Despite billions invested in AI solutions worldwide, a major roadblock remains: employees don’t understand how to use these tools effectively. Without proper guidance, businesses risk stalled adoption, wasted investment, and an inability to realise AI’s full potential. This hesitation is hindering AI adoption and limiting its benefits within organisations.
NatWest has announced a minority investment in Yonder, a fast-growing credit card platform that provides quality customer experiences through lifestyle-led rewards.
During his ‘Liberation Day’ announcement, Donald Trump revealed aggressive measures that will have consequences for trade on an international scale. Any country charging tariffs on US exports will see tariffs rise for products they send in the opposite direction, while Canada and Mexico will be hit with sweeping duties.
Building a startup is a healthy mix of energy, optimism, and of course, risk. The focus is often on product development, funding rounds, and scaling up fast. But in the rush to get off the ground, people management – the heartbeat of any organisation – can often skip a beat. And while it’s understandable, ignoring tried and tested HR best practices early on can be a costly mistake.
BioMed X, an independent biomedical research institute based in Heidelberg, Germany, has announced the launch of its XBridge Program, a fast-track initiative designed to support US-based biomedical researchers impacted by the current NIH funding gaps, hiring freezes, and grant terminations.
A pivotal experience in Simon Bailey’s twenties while commuting across London on a route besieged by poor public transport links led him to think about the “crazy system we’ve got,” he confessed, with regard to cars being oversized for single-occupancy, a path that set him on the journey to founding WeatherVelo, a mobilitytech startup that is developing a prototype vehicle that presents a midway point between a car and a bicycle.
Delivering on its promise to put passengers first, the Department for Transport has made £5 million funding available to winning projects as part of the First of a Kind (FOAK) competition.
The issue of battery waste is pervasive: according to figures shared by Statista, between 2011 – 2021 246,000 metric tonnes of portable batteries and accumulators were sold in the EU, of which 48% were collected for recycling.
Sagittal AI, the company building AI solutions that adapt to human workflows instead of forcing humans to adapt to AI, has raised $2.2 million in pre-seed funding. The investment round was led by Twin Path Ventures, with participation from SineWave Ventures, Fuel Ventures, Blue Lake VC, and angel investor Husayn Kassai, Founder of Onfido and Quench AI.
Startups have a unique advantage when it comes to building a sustainable future. Unlike large enterprises that must modernise or upgrade operations to align with circular economy principles, startups can integrate these models from the beginning, creating a sustainable foundation for future growth while contributing to global decarbonisation efforts.
UK founded wearable tech startup UNA Watch is preparing to take on industry giants Apple and Garmin after raising more than £200,000 in under 48 hours to launch the world’s first modular, fully repairable GPS sports watch.
In today’s fast-paced and ever-changing business world, it can be easy to get caught up in the hustle of chasing profits, expanding networks, or challenging competitors. But during this whirlwind, many entrepreneurs lose sight of what truly drives them.
You finally get a moment to breathe. You check your account. And there it is – an invoice cleared early, a subscription you forgot about, or a tax bill you didn’t expect just yet. Sound familiar?
April marks Stress Awareness Month, and this year’s theme, #LeadWithLove, resonates deeply with me – not just as a founder and entrepreneur, but as someone who hit burnout, hard, two years ago.
Let’s be real, startup life isn’t always what it seems to be on Insta… we all know there’s often a tough reality behind some of those smiles, beyond midnight working, client calls at dawn, all whilst trying to juggle a million spinning plates… As brilliant as the entrepreneurial founder’s life is, it can also come with a heavy dose of stress.
In an endlessly hyper-digital world of scrolling, where thumbs move faster than minds and attention spans last only as long as a heartbeat, standing out has become both a science and an art.
A new competition from Constant Contact and Enterprise Nation in collaboration with Channel 4 is set to offer UK small business brands an opportunity to win a professionally produced broadcast TV advert on Channel 4 and expert marketing support – a package worth hundreds of thousands of pounds.
The Kickstart Innovation Program is opening its application phase for the tenth time. Last year, AI applications were the main focus in 95% of cases, and 60% of the solutions also integrated sustainability and the circular economy as central elements.
