PhysicsX, a London-based startup bringing the power of generative AI to enable breakthrough engineering in advanced industries, has launched the first Large Geometry Model (LGM) for aerospace engineering, LGM-Aero, and a publicly accessible reference application, Ai.rplane, to showcase its power in designing aero structures.
Construction tech startup Automated Architecture (AUAR) has been awarded a Smart Grant of £341K by Innovate UK. The grant is for a project aiming to overcome the technological challenges that lie in scaling up AUAR’s building system and micro-factory platform to manufacture mid-rise timber housing, up to 6 storeys.
Payment data breaches are a threat with costly consequences for businesses. In fact, a major breach of a major payment system uncovered in September 2024 revealed that an unauthorised party accessed sensitive consumer data for nearly ten months. The compromised information included names, addresses, credit card details, expiration dates and more. Such incidents not only erode consumer trust but also leave businesses facing significant financial, legal and reputational repercussions.
Effective communication is a key factor for any successful business in today’s fast-paced digital world. The ability to stay connected with clients, partners, and employees regardless of location is a significant advantage. One tool that has become increasingly popular for ensuring smooth and seamless connection is the virtual telephone number with SMS capabilities. They provide flexibility, cost savings, and a range of features unavailable with traditional phone lines.
A year and a half after its creation by real estate private equity experts Maxime Parpex and Nathan Zappelli, Wally, the French startup and club-deal real estate investment platform, has announced a €1.7 million fundraising round. This funding aims to strengthen Wally’s value proposition and support the development of its platform.
NGP Capital, the global venture capital firm, has unveiled the results of its latest comprehensive data report, “A Decade of European Startup Founders.” The new research offers an unparalleled examination of the European startup ecosystem and the visionary founders who have driven its growth over the past ten years.
Inotec AMD, whose product NATROX O₂ is a forerunner in continuous topical oxygen therapy (cTOT) for advanced wound care, has announced the successful close of a $33 million Series C financing round. The funding, led by existing investors, Amadeus Capital Partners, Meltwind, Puhua Capital and the Wealth Club, marks a major milestone in the company’s mission to heal every chronic wound and improve patients’ lives on a global scale.
Lucanet, a global provider of end-to-end CFO software solutions, is releasing the first of its GenAI capabilities – a addition to its CFO Solution Platform. This release will add advanced Copilot features for Lucanet’s Consolidation and Financial Planning and Disclosure Management solution, in addition to the Copilot for the XBRL Tagger made available in October.
The International Olympic Committee (IOC), in collaboration with Alibaba.com, has officially launched the first phase of the fourth edition of the Athlete365 Business Accelerator programme, which aims to empower current and former elite athletes to transfer their skills into successful business ventures.
In the 12 months ending 31 October 2024, one in 427 adults in England and Wales entered insolvency, higher than the 12 months to October 2023. Combine this with overall registered company insolvencies in 2024 tracking similarly to 2023’s figures – which were the highest for a decade – leading finance and small business experts have pooled their wisdom and launched a new eBook to help SMEs survive.
Berlin-headquartered fintech bunch has launched in the UK, bringing its operating system for private equity and venture capital funds to the largest market in Europe. The move builds on a stellar year of growth for the company, which has tripled both its revenue and Assets under Administration over the past 12 months.








