Invoice finance company Stenn has released new findings highlighting that US SMBs are cash-strapped heading into the festive period, betting big on the holiday season to top up reserves that are running dry.
Entrepreneur, early-stage investor and philanthropist Dr Ewan Kirk has called on the Government to introduce a blanket 10-year visa for all STEM graduates in a move to boost entrepreneurship, drive growth, and encourage more of the world’s brightest and best to choose the UK for their graduate and post-graduate STEM education
Auquan, an AI innovator for financial services, has announced a $4.5 million addition to its seed round, led by Peak XV with continued participation from Neotribe Ventures, bringing total seed funding to $8 million.
Ahead of the Chancellor’s Budget announcement, the CIPD is calling on the government to increase apprenticeship opportunities for young people, encourage innovation, and improve labour market enforcement.
Showcasing cutting-edge technological solutions, LG NOVA, the North America Innovation Center of LG Electronics, has announced the winners of the 2024 Startup Pitch Competition, co-sponsored by LG Chem. This year’s event, held during LG NOVA’s annual InnoFest in San Francisco, featured standout startups focused on Life Sciences, Open Innovation, HealthTech, AI, Smart Life and CleanTech, with three companies recognised for their potential to drive impactful change.
For yet another edition, Tourism Innovation Summit (TIS) has held the world’s largest entrepreneurship competition in the tourism industry. More than 400 startup companies have applied as candidates for the Touristech Startup Fest 2024, of which 40 have been the finalists and have presented their business models in front of investors in Travel Tech in Seville, Spain. This year, the international participation of entrepreneurs has grown with projects from countries such as Spain, Argentina, the United States, Slovakia, Australia, Germany, Netherlands, the United Kingdom, France, the Czech Republic, Belgium, Mexico, Bhutan and Italy.
Fintech startups in recent years have garnered quite a reputation for being the major drivers of financial transformation on the global scale. However, the reality is that far more startups collapse early on then achieve success and make any lasting impact. Even if they survive their first year, around 70% of ventures fall through before reaching the half-a-decade mark.
As an industry analyst and thought leadership advisor, I find that most startups share a form of purposeful myopia – a belief in the inevitability of a product or service. If only buyers and investors understood the vision, they would put their money behind it.
On the 30th October, the long awaited Autumn Budget was delivered by Chancellor of the Exchequer, Rachel Reeves.
Vertical Future, a UK-based Controlled-Environment-Agriculture technology company, has announced a range of Crop-Science-as-a-Service (“CSaaS”) services for different sector archetypes, including food, fodder, forestry, and pharmaceutical-based products.
Improved diagnosis and treatment for eye diseases affecting the sight of millions across the globe has taken a major step forward, after Bristol-based health technology startup Siloton became the first commercial organisation in the world to take a sub-surface image of a human retina using photonic chip technology.
There’s little doubt that electric vehicles are becoming very popular and that every business or private individual who swaps their petrol or diesel van or car is helping the UK become more sustainable. But we need far, far more public chargers if EVs are going to a practical option for most.
Semble, an integrated clinical system and innovator in healthtech, has raised $15 million in a Series B funding round led by Mercia Ventures, with participation from Octopus Ventures, Smedvig Ventures and Triple Point.
The Consumer Technology Association (CTA) welcomes back Ed Bastian, CEO of Delta, as a keynote speaker for CES 2025. On stage at Sphere, the next-generation entertainment medium that is redefining live experiences, Bastian will take the audience on an immersive journey highlighting Delta’s vision for using technology to enrich human experiences. This will mark the first CES keynote ever hosted at the groundbreaking venue.
myPlane, the online booking engine for commercial passenger charter flights, has reported soaring demand from airlines and travel buyers as it seeks to modernise the €100 billion commercial air charter market.
With 51,017 new tech businesses registered in the UK last year, Britain has emerged as a leader of innovation in Europe. In fact, government data from 2021-2022 positions our country as the second-leading nation for startups, preceded only by the US and potentially, by China.
Dojo, a payment technology provider, has announced a major milestone in its mission to support SMEs across the UK. Through its long-standing partnership with global embedded financing platform YouLend, Dojo has extended over £1 billion in flexible funding since 2020.
Legacy Compass launches a new crowdfunding campaign to help kick-start its mission to redefine end-of-life planning and support. Harnessing the power of story-telling through an innovative online platform, this Legacy-Tech startup can streamline and unburden end-of-life planning for individuals and families.
Space Forge, known for driving a new era in clean industry by advancing research, development, and production of high-performance materials in space, has announced a Memorandum of Understanding (MOU) with Voyager Space. This agreement is setting the groundwork for collaboration between the companies, with a focus on expanding the possibilities for space-based research and manufacturing.
ekko and Market Harborough Building Society (MHBS) have joined forces to launch PlanetSaver in a first-of-its kind move for building societies and sustainability focused financial products.
