The emergence of DeepSeek, an artificial intelligence (AI) startup, has shocked the IT industry. With its extremely cheap AI solutions, DeepSeek has challenged the dominance of tech giants and exposed an inefficiency in the way large corporations approach product development. If DeepSeek’s model becomes the norm, the entire IT sector could see a dramatic reduction in costs, making technology more accessible.
Heidi, the healthcare AI company whose AI scribe is transforming how clinicians work, has raised $16.6 million in its latest funding round. The Series A follow-on investment is led by Headline, with participation from Local Globe, Anthology (Menlo Ventures and Anthropic), and existing investors Blackbird, HESTA, Possible Ventures, and Archangel Ventures.
With International Women’s Day approaching, the internet will soon be flooded with posts about its significance. But in many countries, this global celebration of women has only fairly recently become a major calendar date. For many of us, therefore, it’s not entirely clear how best to celebrate it.
DeepL, a global Language AI company, has announced the launch of Clarify, a new feature bringing interactivity to AI translations, powered by its large language model (LLM). Clarify transforms the user experience by actively engaging throughout the translation process, serving as an interactive AI companion and language expert that resolves ambiguities and provides greater control over translations. This results in a more personalised, engaging experience that yields higher quality, nuanced translations – driving seamless cross-border communication for DeepL’s rapidly expanding network of over 200,000 business customers worldwide.
On May 27-28, Gdańsk will welcome over 6,000 participants, 150 speakers and hundreds of startups ready for networking and innovation. This year’s edition is held under the honorary patronage of the Ministry of Digital Affairs. A special highlight of the event will be the SpaceTech guest stage. Tickets are now available.
On the 3rd March 2025, Female Foundry officially launched its Female Innovation Index 2025, at an event hosted at Google. The event saw insightful panels, discussions around the stats that were uncovered in the report, and plenty of female founders in the room discussing what innovation meant to them.
Robin Bartmann’s passion and enthusiasm for mangroves is palpable. “I am fascinated by mangroves,” he admits with a grin. Bartmann is the COO of Vlinder in Kenya, an organisation that restores mangroves to combat climate change, enhance biodiversity and empower communities through fair carbon sharing and sustainable livelihoods. The project is designed to plant 4.2 million mangrove trees, sequestering approximately 911,660 tCO2e over a 30-year crediting period, with potential extensions.
Howie Systems, founded in Vienna in the mid of last year by industry veteran Ewa Lenart, has successfully secured €420,000 in funding from leading London-based Venture Capital firm Pi Labs. The startup is pioneering in building a single source of truth for construction and real estate data.
“First they say you’re crazy, then they fight you and then all of a sudden, you change the world.” So said Elizabeth Holmes, the Theranos entrepreneur whose vision of a finger prick blood testing revolution ended up with investors losing millions and her imprisoned on an 11-year sentence for fraud.
Cino – the only real-time shared payment app that finally lets people pay together in a seamless, single transaction – has raised €3.5 million in Seed funding led by Balderton Capital. Connect Ventures also participated alongside leading angels, including Barney Hussey-Yeo (founder of Cleo). The funding will support Cino’s launch in the UK, where it already has a growing waitlist, and continued growth across Europe.
In today’s modern world we have countless daily interactions where we’re being served by a dazzling array of apps, websites, shops, and startups. From buying your morning latte at that artisan coffee shop on the corner, to snapping up a bargain top on the latest pre-loved fashion app or sending an invoice to a customer through your banking app.
A new gender and diversity index assessing the state of play for the European deeptech scene has been released, developed by the GENDEX project and funded by the EIC. The index is intended to identify gender diversity and inclusion gaps across the ecosystem and to offer actionable insights and recommendations for stakeholders to consider moving forward.
The field of finance has long been known to have a predominantly male presence, and when fintech came along, it hadn’t done much to change this state of things. Despite being built on the idea of innovation, gender diversity remained something that fintech struggled with.
The latest insight from The Global Payroll Association (GPA), reveals that the world’s 100 richest billionaires have a combined fortune of over $5 trillion, and that women account for just 15% of the list.
For those navigating an increasingly digital world, it can be nice to go back to the basics of putting pen to paper, discarding your tablet for the therapeutic experience of writing on a pad, or in a notebook. However, carrying a notebook wherever you go is not always convenient, as you may have a lot of notes to juggle, and having an in-between point between digital technology and physical paper provides a perfect medium.
As many as 70% of UK leaders are optimistic about their business performance in 2025. However, fiscal challenges – including inflation (42%), high energy bills (36%), and high business taxes (35%) – threaten to derail this. This results in 76% of UK financial decision-makers saying they are experiencing unprecedented levels of pressure as they attempt to navigate macroeconomic uncertainties.
You may be familiar with this scenario: faced with rising housing costs, you downsize and move into a smaller house. The problem being, you now have less storage space and you can’t surrender the essentials, like having a kitchen and a bathroom.
A sharp rise in AI-generated content is prompting global consumers to call for greater transparency from businesses, according to RWS’s global research. Over 80% of consumers believe that AI-created material – including text, images and video – should be clearly labelled, while 62% say that such transparency would increase their trust in a brand, according to research involving 5,000 consumers.
Leadership is changing, and it’s a shift I find truly inspiring. A recent Deloitte report found that 87% of executives believe we’ll face a strong focus on gender diversity in the next five years. That’s not just a trend, but a necessity now, which only makes me proud, especially now, as we approach International Women’s Day.
Nisien.AI a Welsh artificial intelligence (AI) startup based in Cardiff, has received investment from the British Business Bank’s £130 million Investment Fund for Wales via Foresight Group and the Development Bank of Wales, in a joint investment.
