Lopay and YouLend partner to provide financing for UK SMEs

Lopay, a London-based payment processing app known for its quick payouts and low fees, has announced a new partnership with YouLend, an embedded financing platform. This collaboration aims to offer flexible and accessible business financing to over 40,000 Lopay customers.

Lights, Cameron, Action: Stability AI casts James Cameron to lead AI media revolution

Stability AI, a startup focused on transforming visual media through AI, has announced that renowed filmmaker, technology innovator, and visual effects pioneer James Cameron has joined its Board of Directors. The announcement was made by Stability AI CEO, Prem Akkaraju.

Top 20 UK startups list 2024

LinkedIn has unveiled its annual list of the Top 20 UK Startups for 2024, highlighting the most promising and innovative startups that are reshaping industries across the nation.

Constructive Bio secures $58M series A to revolutionise genome engineering

Constructive Bio, a forerunner in synthetic genomics, has announced the successful first close of its Series A financing, raising $58 million and bringing its total funding to $75 million.

Female Founder Office Hours 12th Edition unites 200 VCs to address gender funding gap

On Thursday, 7th November, 2024, Playfair will host a remote office hours event, bringing together over 300 female founders from across Europe with 200 of the world’s top venture capital firms.

SMEs reveal concerns over Capital Gains Tax revamp ahead of October Budget

BGF, one of the UK and Ireland’s growth capital investors, recently surveyed the CEOs and founders from its 400-strong investment portfolio ahead of the Government’s October Budget. The findings shed light on the concerns and outlooks of business leaders across various sectors.

Infact raises £4 Million, secures FCA approval for real-time credit bureau

Challenger credit reference agency Infact has announced the completion of a £4 million seed funding round, following its recent authorisation from the Financial Conduct Authority (FCA) to create the first real-time credit bureau tailored for the digital financial services sector.

AUAR ships Robotic micro-factories to the US to build sustainable, affordable homes

Construction tech startup Automated Architecture (AUAR) is expanding into the US, shipping its first two robotic micro-factories across the Atlantic. These portable factories, the first of their kind, will be utilised by real estate developer Rival Holdings to construct thousands of sustainable, affordable homes in the Midwest.

Is democratising analytics the answer to the UK’s tech skills shortage?

Digital analytics has become an essential tool for businesses, but it remains notoriously difficult for many to implement and use effectively. While larger organisations with ample resources can overcome the hurdles of setting up and managing analytics systems, smaller companies and startups often find themselves struggling.

EISA launches ‘Ready Steady Grow’ roadshow to boost EIS awareness

The Enterprise Investment Scheme Association (EISA) has kicked off its annual ‘Ready Steady Grow’ roadshow, aiming to raise awareness about the Enterprise Investment Scheme (EIS) throughout the UK.

Kore.ai Launches RecruitAssist: AI Solution for Smarter, Faster, Inclusive Hiring

Kore.ai, a generative and conversational AI, has introduced RecruitAssist, an advanced AI recruitment platform aimed at helping organisations streamline their hiring processes. The solution is designed to enable hiring teams to make smarter, faster, and more equitable decisions, addressing several key challenges recruiters face today.

AWS GenAI Loft comes to London to accelerate AI innovation

Artificial intelligence (AI) is one of the most transformational technologies of our generation, tackling some of humanity’s most challenging problems, augmenting human performance, and maximising productivity. A research study from Strand Partners and commissioned by Amazon Web Services, showed that the number of UK companies adopting AI has increased by 31% from 2022 to 2023. Thanks to the acceleration in AI adoption, digital technology could add £520 billion to the UK economy by 2030, up from £413 billion in 2022.

Zapp EV gains approval to launch i300 sales in Thailand

Zapp Electric Vehicles Group Limited, the British brand committed to transforming personal urban mobility, has announced that its operating subsidiaries have successfully completed homologation with Thailand’s Department of Land Transportation.

Employers overlook demographic-specific benefits for staff

New research from Towergate Health & Protection reveals that 44% of employers are not tailoring their benefits to meet the diverse demographics of their workforce, despite receiving requests for more targeted support.

Three new life science startups thrive at Discovery Park

A group of former Pfizer employees have launched their own businesses, now thriving within the life sciences hub of Discovery Park in Kent. The newly established companies – Biowaived, Matheus Engineering, and Particology – are contract research organisations, each benefitting from initial support and contracts from Pfizer’s Pharmaceutical Sciences Small Molecule (PSSM) division.

Osmos launches matchmaking platform to address professional loneliness

Osmos has launched an AI-powered platform that facilitates meaningful, one-on-one connections, specifically designed for professionals seeking deep and purposeful communication.

Opportuna launches to unlock value in venture secondaries

Opportuna has officially launched, unveiling its first investment strategy, with a target of $30 million. The fund will focus on direct venture secondaries and late-stage primaries, seeking to meet the rising demand for liquidity in the venture capital market.

AI Drone company Aerobotics7 winner of the Kluz Prize for PeaceTech

The Kluz Prize for PeaceTech was awarded in New York City on 20th September, with Aerobotics7 securing the top honour of the evening. Hosted by The GovLab at New York University, the event recognised trailblazing innovations in the field of PeaceTech.

Scalapay co-founder unveils Desia and raises $3.3M

Desia, an AI-driven intelligence and productivity platform for investment professionals, has secured $3.3 million in pre-seed funding, led by Dig Ventures. This funding will accelerate the development and scaling of Desia’s platform, with the goal of reshaping how the financial investment sector operates.

Tech Happy Hours 2024

The goal of the newly established Tech Happy Hours technology event is to put Prague on the European startup map and create a flagship event based on Finland’s SLUSH or Estonia’s Tartu. Up to 400 participants from the CEE region consisting of startup enthusiasts, venture capital investors, leading corporations, and young people from technology universities, will gather in one place.