Purple Transform, an AI-driven data analytics firm specialising in preventing incidents like theft, trespassing, and antisocial behaviour on railway lines, has secured £4.5m in a funding round led by Mercia Ventures through the Midlands Engine Investment Fund II, with backing from Sure Valley Ventures.
In early 2025, Luxembourg-based startup Mission Space is set to make a historic leap with the launch of the first commercial payload dedicated to space weather monitoring.
The world’s largest business show returns to LA in 2024. It is taking place on the 9th & 10th of October 2024 at The LA Convention Center and running alongside The B2B Marketing Expo. This edition of The Business Show will host an audience of 8,000 SMEs and startups, providing all the help and guidance you need to start or grow your business.
Digital Catapult has unveiled the eight companies selected for its High Growth AI Accelerator, part of the Innovate UK BridgeAI programme, in collaboration with creative industry leaders such as LADbible Group, Merlin Entertainments, Bauer Media Group, and Music Technology UK.
In its ongoing mission to decarbonise the built environment, lightweight solar energy innovator Solivus recently completed a large-scale solar installation for Astute Electronics at its UK headquarters in Hertfordshire. Astute, a global leader in electronics distribution and supply chain management for industries like defence, aerospace, and energy, sought to harness clean energy from the 1,524 square metre rooftop of its warehouse as part of its sustainability goals.
Twin Science & Robotics, a UK-based edtech startup, has secured £1.25 million in a funding round led by Soulmates Ventures, with participation from APY Ventures, existing backers, and notable angel investors. This new investment will fuel the company’s global growth, with a particular focus on expanding its presence in the US.
Kinetix has unveiled its AI-UGC Fund, a $1 million initiative aimed at empowering game developers and modders to integrate Generative AI technologies directly into gameplay. The first beneficiary of the fund is SmokeSpot Games, creators of the customisable fighting and fashion game Dropcult.
Startup founders have a to-do list as long as their arm, and investing in crypto almost certainly isn’t on it. After all, crypto is just for speculators, major institutions and multinational enterprises, right?
Moth, a startup in quantum algorithms for generative AI in the creative sector, has announced the appointment of James Wootton as its new Chief Scientific Officer.
Hundreds of independent vape stores across the UK are set to benefit from a pioneering AI app that provides automated and highly accurate facial age estimation, removing guesswork from age checks and mitigating the risk of fines that can exceed £1,500.
SOLASTA Bio, a Glasgow-based agri-biotech firm pioneering next-generation green insecticides, has closed an oversubscribed $14 million Series A funding round. The capital injection will accelerate the development of its peptide-based bioinsecticides – innovative, nature-inspired solutions that represent a world-first in the industry.
In recent years, the European Union (EU) has intensified its scrutiny of mergers and acquisitions, as well as different launches within the tech sector. As regulators aim to maintain competition and protect consumer interests, an increasing number of high-profile deals have faced stringent reviews or outright rejections.
Baseload Capital, a Swedish company advancing geothermal energy on a global scale, announced the completion of its €53 million Series B funding round.
A recent survey conducted by CommsCo PR has shed light on the shifting attitudes of AI experts, marketers, and influencers toward artificial intelligence and major tech companies. The findings indicate a growing distrust of big tech firms and a strong demand for tighter regulations, alongside cautious expectations for AI’s potential impact over the next five years.
Culture15, a business culture platform, has introduced a new AI-powered feature that aims to transform how organisations assess and manage their workplace culture. This innovative tool translates qualitative employee feedback into clear, measurable data, eliminating vague interpretations and providing deeper insights.
Global small and medium-sized enterprises (SMEs) are showing renewed confidence in their future growth, according to recent research from Alibaba.com, a prominent B2B e-commerce platform.
Triple Point, a purpose-driven investment manager, has launched a new £10 million fundraising initiative for its Triple Point Venture VCT (“the VCT”). This capital raise will support the VCT’s growing portfolio of 50 innovative B2B startups spanning 20 different sectors.
With dyslexia awareness month next month, Laura Gowers, founder of This is Dyslexia, a Dyslexia assessment and Neurodivergence Coach discusses how to navigate Dyslexia as an entrepreneur.
The UK Government has partnered with Greenpixie, a UK-based cloud startup, to enhance both the accessibility and sustainability of its digital services.
Cashmere, an AI-powered client acquisition platform for wealth management firms, has successfully completed a $3.6 million seed funding round.
