Lloyd’s Lab: the heart of innovation for insurance

Lloyd’s Lab, situated in the heart of London, represents a pioneering initiative by Lloyd’s of London to champion innovation within the global insurance sector. Established in 2018, this hub is designed to incubate and accelerate the development of cutting-edge technologies that can potentially transform the traditional insurance models and practices.

How AR has become more accessible, affordable, and open to all

There’s no doubt that Augmented Reality (AR) is one of the most exciting developments in digital advertising for a long time. Clever, catchy, shareable lenses and AR filters can propel brands into people’s consciousness as users engage with fun creatives and then share their creations with friends and family. 

Autumn Budget puts financial strain on SMEs

Novuna Business Cash Flow, a provider of financial solutions for small and medium-sized enterprises (SMEs), has reviewed the UK’s latest budget announcement, which introduces significant changes expected to impact businesses across the country.

Your startup has raised funds; now how do you spread the word?

Well done on raising investments, but what’s next? Making investment news go viral can be a powerful way to enhance a company’s visibility and attract further interest from customers and investors alike. TechCrunch found that startups with robust media engagement achieve approximately 30% more market traction than their competitors. Stepan Burov, Co-Founder of 8bitPR Agency, will explore strategies to enhance your business profile by leveraging investment announcements.

How fintechs are closing the credit gap for UK SMEs

Access to financing is critical for small and medium-sized enterprises’ survival. It’s been a challenge for years, with lenders less likely to risk significant sums on businesses with less of a track record or fewer assets for collateral.

Kuberno closes £9.5M series A co-led by Barclays and Nasdaq Ventures

Kuberno, the global legal entity management SaaS provider, has closed on an additional £6 million of financing from Nasdaq Ventures and Barclays, concluding its Series A round with £9.5 million of total capital raised.

Aquark Technologies and the Royal Navy successfully test quantum sensing at sea

UK quantum technology company Aquark Technologies, in partnership with the Office of the Chief of Technology Officer (OCTO) for the Royal Navy, successfully demonstrated the capabilities of its novel cold atom technology on the Royal Navy’s HMS Pursuer vessel.

Female-founded Augment Aero wins “Innovative Tech of the Year”

Augment Aero, a female-led aerospace technology company, has been awarded “Innovative Tech of the Year” at the South Coast Tech and Innovation Awards 2024, held at the Hilton Southampton on October 3 and hosted by The Business Magazine.

Enifer seeks Novel Food approval for PEKILO

Finnish biotech scaleup Enifer has filed for Novel Food authorisation from the European Food Safety Authority (EFSA) for its mycoprotein PEKILO – marking a major milestone in the company’s mission to bring an innovative and eco-friendly protein to the European food market.

Causal becomes part of the Lucanet Group

Lucanet, a global provider of end-to-end CFO software solutions, is pleased to announce the successful acquisition of Causal, a key innovator in the financial planning and analysis (FP&A) market. This acquisition strengthens Lucanet’s market position by expanding the range of core solutions in its CFO Solution Platform to include Extended Planning and Analysis (xP&A).

UK world leading for creating quantum companies and attracting investment

The UK National Quantum Technologies Programme (NQTP) is marking its tenth anniversary at the UK National Quantum Technologies Showcase 2024 on 8th November in London.

Neara raises €28m Series C to accelerate international energy resilience

Neara, the AI-powered predictive modelling platform for critical infrastructure, has announced a €28 million Series C funding round. The round was anchored by a consortium led by EQT (a global investment organisation), with participation from Partners Group (one of the largest firms in the global private markets industry), and Square Peg Capital (one of the company’s earliest investors), with additional support from existing investors Skip Capital and Prosus Ventures.

Beyond human touch: AI’s emerging role in ad content creation

Far from being a distant dream, AI’s growing influence is a palpable reality, weaving its way through the fabric of content creation and management. From the nuts and bolts of research and editorial planning to the intricacies of creative composition, AI is increasingly playing the role of both the assistant and the innovator.

New ‘On-demand’ ESG reporting platform launches for sustainability frameworks

The Sustainability Analytics platform GaiaLens, has launched its new on-demand sustainability reporting product for ESG analysts today. Offering a flexible, monthly subscription-based model, analysts can now access fully automated reporting for all major sustainability frameworks at the click of a button.

The Access Group acquires AI-powered presentation solution Hireara

The Access Group, a provider of business management software to mid-market organisations in Europe, USA and Asia Pacific, has announced that it has acquired HireAra, a UK based AI-powered candidate presentation platform that automates the process of formatting and presenting candidate CVs/resumes for recruiters.

3D animation platform Swoove Studios raises $7.5m seed round

3D animation software company Swoove Studios has closed a $7.5 million seed funding round led by European angel investors.

UK small businesses await impact of interest rate cuts as sales remain soft

UK small business sales growth continued to slow over the last quarter (July to September), not helped by rising late payments times, according to the latest Xero Small Business Insights (XSBI) data from Xero, the global small business platform.

DeSci Labs wins gold at the Lab Awards

Open access publishing startup DeSci Labs has won the Best Automation & Data Innovation – Organisation prize at this year’s Lab Awards, held at Lab Innovations 2024. The award recognises the innovation behind DeSci Publish, the world’s first open science publishing infrastructure based on Web3 technology.

Verax AI raises $7.6M in seed funding led by TQ Ventures

Verax AI, a developer of enterprise-grade software solutions that provide visibility and control of AI in production, announced today that it secured $7.6 million in seed funding led by TQ Ventures and with participation from Concept Ventures, Cardumen Capital, Seedcamp, InMotion Ventures, and XTX Ventures.

Emidat secures €4M to simplify construction emission management ahead of EU deadline

Emidat, the provider of environmental data solutions for the construction industry, has announced a €4 million seed funding round led by General Catalyst. This funding will enable Emidat to support the construction industry to reduce the environmental footprint of the whole built world, starting with a revolution in the labelling of every single building material.