Lineage, the large global temperature-controlled warehouse REIT, has announced the winner of its pioneering initiative, the Food Chain Innovation Challenge London. After a full day of pitching at the Science Museum to an esteemed judging panel, Mimica, the brand behind dynamic food expiry labels, was crowned regional champion and walked away with the $5,000 prize.
When generative AI exploded into the public consciousness two years ago, business leaders were understandably keen to be at the vanguard of the revolution and unlock its potential.
High-level sports coaching has long been an opportunity reserved for the few – those with access to the right resources, connections, or deep pockets. When a single one-on-one tennis lesson can cost upwards of £50, professional training is an unattainable dream for many aspiring athletes.
Veriam has announced the launch of its platform that combines identity management, access control, and subscription services into a single, efficient solution. This new platform aims to make complex processes simple by eliminating the need for multiple tools, helping organisations manage user access and subscriptions with minimal effort.
CommBox, an enterprise-grade omnichannel, AI-powered customer experience platform, has announced the completion of a $15 million growth investment round from PSG Equity, a growth equity firm that specialises in partnering with software and technology-enabled services companies to help navigate and capitalise on transformational growth.
Three-quarters of UK business leaders (72%) say they are stressed out over sustainability targets and the pressure to reach Net Zero, according to research by BT.
Pruna AI, the AI optimisation engine empowering ML teams to simplify code and streamline models, has announced that it has successfully raised $6.5 million in a seed funding round led by EQT Ventures with participation from Daphni, Motier, and Kima, along with support from high profile angels including Roxanne Varza, Hervé Nivon, and Olivier Pomel.
Aachen-based startup IonKraft GmbH, a spin-off of RWTH Aachen University, has successfully closed a first equity financing round of €3.5 million. The round was co-led by M Ventures (the strategic investment fund of Merck) and TechVision Fund and joined by High-Tech-Gruenderfonds.
Airbound, a drone technology startup, has announced a $1.7 million seed round led by Lightspeed to build the world’s most efficient delivery drone. With its proprietary blended wing body tailsitter design, called TRT, Airbound aims to transform logistics, reducing delivery costs by two orders of magnitude compared to traditional options.
Cornwall’s flourishing tech ecosystem took centre stage last month at the highly anticipated Cornwall Slush’D 2024, showcasing the region’s most innovative startups and highlighting Tech Cornwall’s strengthened commitment to supporting early-stage businesses.
Virgin Media O2 Business and Cebr have published a new report, ‘The economic and social benefits of digitalisation’, revealing the significant growth potential UK businesses have left untapped. The report highlights that if all British-based firms had increased their digital technology usage in 2021, the economy could have seen a staggering £111 billion boost in turnover by 2023.
Revolver Therapeutics is pleased to announce its new funding is from UK Innovation Science and Seed Fund (UKI2S), managed by Future Planet Capital, and from o2h Ventures to progress its transcription factor inhibitors.
DeepL, the global Language AI company, has announced the launch of its first voice translation solution DeepL Voice, with the first two products unveiled: Voice for Meetings and Voice for Conversations. DeepL Voice makes it possible to conduct virtual meetings across several languages as well as real-time translation for in-person conversations.
A newly released report has named London the number one city in Europe and number three globally for life sciences, behind Boston and New York, and ahead of Amsterdam, Munich, Paris, San Francisco, and Singapore.
This international hub on cybersecurity, co-funded by Instituto Nacional de Ciberseguridad (INCIBE), an entity under Ministerio para la Transformación Digital y de la Función Pública, through Secretaría de Estado de Digitalisación e Inteligencia Artificial, and Universidad de Salamanca continues its activity connecting Spanish companies with international investors by attending the Finnish event from 20 to 21 November.
Sage Foundation, the social impact arm of Sage, the accounting, financial, HR and payroll technology for small and mid-sized businesses (SMBs) firm, has launched a new, three-year partnership with Village Capital to support 165 impact-creating startups across Europe, UK, and the US.
In a momentous cooperation signalling a new era of industrial progress, KAOUN International, in strategic partnership with the Saudi Authority for Industrial Cities and Technology Zones (MODON), announces the World Advanced Manufacturing & Logistics Summit & Expo Saudi 2025 (WAM Saudi). During the WAM Summit 2024, a significant cooperation agreement was signed, marking a landmark commitment to advancing Saudi Arabia’s status as a leading global industrial powerhouse.
In a strategic move set to reshape the industrial Augmented Reality (AR) landscape, Almer Technologies has announced its acquisition by RealWear, a company in wearable computing for industrial applications. This strategic acquisition, financially backed by TeamViewer marks a significant leap forward in the mission to empower frontline workers worldwide with cutting-edge AR technology.
Workspace Design Show (26 – 27 February 2025, BDC, London) is proud to announce the launch of the “Workspace Wellbeing Hero” initiative, recognising and celebrating exceptional individuals in the workspace design industry who go above and beyond to support the wellbeing of others through acts of kindness and resilience in their work environments. This initiative shines a spotlight on those who make a tangible difference in workplace culture through selflessness, compassion, and perseverance.
Bitsight has announced it has signed a definitive agreement to acquire Cybersixgill, a global cyber threat intelligence (CTI) data provider. Together, Bitsight and Cybersixgill will provide unmatched visibility into an organisation’s external attack surface, supply chain, and the threats targeting it. As a result, security leaders can proactively identify, prioritise, and mitigate risk across their first and third party environments.
