xtype, the pioneering software company for multi-instance management on the ServiceNow platform, has announced it had raised a $21 million Series A funding round led by Norwest Venture Partners, with participation from ServiceNow Ventures and existing investors including Columbia Capital and Inner Loop Capital.
Wall Street English, the global hybrid English language education supplier, introduces its new Conversation AI feature to simulate real-life conversations, offering students an immersive and practical way to improve their English speaking skills.
Following the closure of its $2.5 million funding round, ekko is setting its sights on a bold mission to contribute $1 billion to environmental projects through a renewed focus on partnering with financial institutions.
It’s not a sector that has ever stood still, but the next few years will bring some particularly big changes in manufacturing. From the rollout of AI for everything from machinery monitoring to material design to an increasingly urgent push towards sustainability, revolutionary new ways of operating will require major software-system adjustments. So what issues do companies face when moving to new technology and how do they deal with them?
New research from innovation incentives specialist ForrestBrown revealed that while UK businesses are keen to invest in innovation, various obstacles are hindering progress. A shortage of skilled personnel emerged as a significant barrier, with 19% of businesses highlighting this issue.
According to research from True, in collaboration with Open Energy Market, 85% of UK businesses expressed confidence in the cost-effectiveness, reliability, and sustainability of their energy strategies. This data, highlighted in the whitepaper ‘Mind The Gap: From Ambition To Action’, delved into the key commercial drivers behind energy procurement and sustainability initiatives in the UK.
From January to mid-July in 2024, a remarkable 225 startups secured a staggering £750.5 billion in venture capital funding.
Gone are the days of manual data entry and cumbersome spreadsheets! Digital accounting is sharply becoming an essential tool for modern-day startups seeking to streamline their operations and improve financial management. It offers a more efficient and accurate approach, leveraging technology to automate tasks, centralise information, and enhance decision-making.
The startup ecosystem is seeing a distinctive shift in its mergers and acquisitions (M&A) activity. Traditionally, it was the tech giants that led the charge in acquiring promising startups. However, a growing trend is emerging: startups are acquiring other startups.
A recent report has shown that the UK’s electric vehicle (EV) battery sector has reached record levels of VC investment, with UK-based EV battery startups securing $2.7 billion in funding since 2018.
Foreverland, the Italian startup behind a sustainable carob-based chocolate alternative, is setting a new standard in the chocolate and food industries. With a recent €3.4 million Seed round, just a year after its inception, the company is gearing up to launch its semi-finished product facility and expand across Europe.
Manchester’s £1.7 billion innovation district has officially launched its first building and revealed its new name: Sister. The district’s first tenant, Sustainable Ventures, Europe’s climate tech hub, is set to move into the Renold Building this November.
A survey of senior business leaders across various sectors in the UK has revealed that 77% consider the annual corporate Christmas party the most important work event of the year, underscoring its pivotal role in the corporate calendar.
With over 500 million podcast listeners globally and the market projected to skyrocket from $27 billion in 2023 to over $234 billion by 2030, the podcasting industry is experiencing rapid growth. Given that approximately 80% of podcast episodes are completed by listeners, it is no surprise that global ad spending is forecasted to hit $4.02 billion by 2024.
HungryPanda, the global Asian food delivery platform, has secured $55 million through a refinancing and fundraising round.
There’s no doubt about it, SME entrepreneurs, business leaders, and owners are remarkable individuals.
Blackfinch Ventures has unveiled its latest offering: the Energy Transition EIS Portfolios, designed to provide investors with access to innovative technology companies driving the widespread electrification of society.
Onboarding still remains one of the greatest challenges for both employers and employees. Research by Gallup finds that only 12% of employees strongly agree that their organisation does a great job onboarding new employees and with a staggering 50% of newly hired employees planning to quit soon, that number skyrockets to 80% for those who feel undertrained from poor onboarding, according to research by Paychex.
NK:IO, an Imperial College spinout, is revolutionising cancer treatment by harnessing the body’s innate immune system. The platform, developed from groundbreaking NK cell research by Professors Hugh J. M. Brady and Matthew Fuchter, produces highly potent NK cells while overcoming traditional manufacturing hurdles.
Mindstone, an international training platform known for its focus on practical AI education for non-technical professionals, has teamed up with Pearson to introduce Pearson’s new Generative AI Certification programme.
