CampusAI, one of the fastest-growing AI education startups, has announced its expansion into the UK. This move aims to empower individuals, teams, and communities to embrace AI-driven transformation through its innovative platform, taking a human-centred approach to technology.
Oxford Capital, the Oxford-based venture capital firm, has sold part of its Enterprise Investment Scheme (EIS) investment in Moneybox, the award-winning savings and investment platform, achieving a return of up to 17x.
Once a startup has validated its offering and its value to the market, it comes time to start thinking about building a strong foundation of processes to ensure unhindered growth as they capture market share. Many of these processes should be underpinned by financial metrics and goals, which financial specialists can help in a variety of ways.
Trustly, the global fintech in Open Banking Payments, is on track towards processing $100 billion in Total Payments Value (TPV) in 2024, underscoring a substantial shift in the payments industry as merchants worldwide continue to explore card alternatives. To date, over 112 million consumers have used Trustly’s products globally, showcasing the appeal of Pay by Bank options at checkout.
Avoiding being invasive with the visited culture, managing experiences with the local government, improving the conditions of employees in the sector and getting local communities to value tourism positively are key aspects that the industry is beginning to focus on. This was made clear during the first day of Tourism Innovation Summit 2024 (TIS). The international tourism innovation summit focused on sustainability as one of the key aspects of the future, with an eye on regenerative tourism, integration with local communities and a commitment to preserving cultural heritage.
Medialister, a new startup designed to streamline editorial advertising placements, launched this month to connect brands with media outlets looking for alternative revenue streams. Focused on affordability and data-driven insights, Medialister enables brands to access editorial advertising that aligns with their messaging goals, while providing media outlets with an additional way to monetise content.
Starting a fintech company isn’t always the most difficult part. You’ve got the idea. Check. You’ve got the funding. Check. Congratulations, now you need to actually run the thing. This is a fiercely competitive industry; not only do you need to outperform your peers, but you also need to do it while staying on the right side of regulation.
NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, has established itself as a leading designer of graphics processing units (GPUs) for the gaming and professional markets. Renowned for its pioneering work in AI and deep learning, NVIDIA has expanded its reach beyond gaming into various sectors, including automotive, data centres, and healthcare. The company’s GPUs are integral to the development of high-performance computing and advanced visualisation technologies, making it a critical player in the evolution of the tech industry.
OpenAI’s former Chief Technology Officer, Mira Murati, is reportedly raising funding from venture capitalists for her new AI startup. The news was originally reported by Reuters, who claimed it came from sources familiar with the matter.
NVIDIA has expanded its collaboration with Microsoft to support AI startups worldwide, initially targeting the healthcare and life sciences sectors.
The value of bad debt suffered by small businesses has surged by a staggering 127%, according to a report by SME funder, Bibby Financial Services (BFS).
New PayPal data has revealed the reach and impact of ‘alternative business funding’ amongst British small businesses.
A survey by AND Digital, featured in its ‘Rewards & Resilience’ report, revealed that 68% of women believe more can be done to enhance the workplace for women in leadership, particularly through better career pathways and mentorship support.
In a bid to enable future success and growth, ten entrepreneurial life science and technology businesses have begun the immersive Discovery Spark programme, with a prize package worth over £50,000 up for grabs.
Genie AI, an AI legal editor, has raised £13.3 million in Series A funding, led by GV (Google Ventures), and joined by Khosla Ventures (early investors in OpenAI), taking its total raised to over £15 million. Previous to this round, Genie AI received one of the UK Government’s largest grants for a startup, and seed funding led by Connect Ventures.
Workwize, the global IT operating system used to deploy, manage, and retrieve laptops and IT equipment across more than 100 countries, has released its new Automation Suite.
Dryad Networks, a startup working in ultra-early wildfire detection technology, has announced a major financial boost to advance its wildfire prevention solutions. The company has been awarded a €3.8 million grant from the European Regional Development Fund (ERDF), via Investitionsbank des Landes Brandenburg (ILB), to accelerate the development of its revolutionary wildfire suppression project, codenamed “Florian.”
In honour of Breast Cancer Awareness Month this October, FasterCapital announced a new initiative dedicated to supporting healthtech startups that are innovating in the breast cancer space.
Opteran, a company focused on natural intelligence, has revealed that Airbus Defence and Space, with support from the European Space Agency (ESA) and the UK Space Agency, will trial its Opteran Mind neuromorphic software in Airbus’ space rovers.
Eighty-two percent of employers say they currently record sickness absence, a marginal improvement on the 80% that said the same in 2023 but not as many as the 85% who recorded sickness in 2022.
