Open science startup and preprint network DeSci Labs has been listed as one of the 20 Most Innovative Companies to Watch, 2024, by Business Worldwide Magazine. This is DeSci Labs’ second accolade within a month following its Lab Awards success in the Best Automation & Data Innovation category at Lab Innovations 2024.
Three innovative UK tech companies – specialising in renewable energy, advanced sensors and hydrogen-powered systems – have been given government support to expand into Japan, South Korea and Taiwan. Each has been selected to participate in the UK-APAC Tech Growth Programme, an initiative that helps British scaleups unlock commercial opportunities in 11 markets across the Asia Pacific region.
Ever since OpenAI’s ChatGPT burst onto the scene towards the end of 2022, Generative AI has become one of the most talked about technologies – and potentially the most transformative – since the advent of the Internet. Although the field of AI research was first founded over 60 years ago and the technology has been through a number of ‘hype bubbles’ and ‘AI winters’ since then, only in the last few years has it truly gained momentum in a mainstream capacity.
Recent findings from the government’s Invest in Women Taskforce paint a concerning picture for female entrepreneurs in the UK. Private-equity investment in women-led businesses dropped to 1.8% in the first half of this year, down from 2.5% in 2023. This decline exacerbates an already challenging landscape, where fewer than 6% of active equity-backed companies have female founders.
This year’s final of the EIT Jumpstarter programme was held on 28 November in Budapest, Hungary, along with the EIT Community conference “The next decade of innovation for the future of Europe. Celebrating the 10th anniversary of the EIT Regional Innovation Scheme”. EIT Jumpstarter is an initiative of the European Institute of Innovation and Technology, a body of the European Union.
Rivero advises banks to brace for spike in cardholder disputes as Black Friday and Cyber Monday near
In anticipation of Black Friday and Cyber Monday, European Visa Fintech Partner, Rivero is urging banks, neobanks, and financial institutions to prepare for a potential spike in cardholder disputes.
Mario Draghi’s recent EU competitiveness report is a stark reminder of what needs to change in Europe’s wider venture capital (VC) scene. The report argues that insufficient venture capital has limited the growth of European tech and economic growth more widely; estimating that an additional €800 billion in annual investment, mostly from the private sector, is needed for the continent to catch up with the US and China.
Today’s digital landscape provides a fertile ground teeming with opportunities for small businesses to grow by reaching global audiences through online platforms. Emerging platforms, such as TikTok shop, are especially lucrative, with SMEs on the platform contributing £1.63 billion to UK GDP in 2022.











