Leo Capital Establishes Nordic HQ in Helsinki, Launches €25M Fund

Helsinki’s tech scene continues to draw the attention of global investors, with Singapore-based venture capital firm Leo Capital setting up its Nordic headquarters in the Finnish capital. This strategic expansion coincides with the launch of a €25 million fund dedicated to supporting B2B startups in the Nordic region, marking Leo Capital’s first fund specifically focused on Europe.

FinTech unicorn Mollie Achieves Triple-Digit UK Growth and Appoints New UK Managing Director

Mollie, one of Europe’s fintech unicorns, has named Dave Smallwood as its new UK Managing Director as the company continues to scale its UK operations following a triple-digit year-on-year growth in the first quarter of 2024.

Skillvue secures $2.8M for AI-based skills assessment platform

The World Economic Forum has highlighted the Skills Gap Crisis as a critical issue, projecting a potential loss of $11.5 trillion in GDP growth over the next decade if unaddressed.

Sustainability Startup Signol Secures £2.5m to Tackle Emissions in Shipping and Aviation

Sustainability startup Signol, which leverages behavioural science to reduce emissions in the shipping and aviation industries, has raised £2.5 million from industry-focused investors.

Navigating the Chaos: Life as a Founder with ADHD

Back in 1997 at the Worldwide Developers Conference (WWDC), Steve Jobs noted that while most people think that focus is saying yes to one thing, “focusing is about saying no. You’ve got to say ‘no, no, no’ and when you say ‘no,’ you piss off people.” Anyone living with Attention Deficit Hyperactivity Disorder (ADHD) will acknowledge that they’ve got to say no, no, no, every day, but not to others – they have to say no to their hyperactive self.

Naivety is a superpower

Giving up a high-flying corporate career to become the founder of a wellness startup is not a move you make lightly. I bailed out of a decade-long position as a corporate lawyer to launch gut health brand JERMS in 2023. And I don’t regret a thing.

How AI startups can solve the GPU pricing puzzle – 6 tips from a CFO

For AI startups, choosing a GPU provider is one of the most important decisions they will make. The right provider can be the key to explosive growth, while the wrong one can be a massive drain on already limited cash reserves.

Shiro Theuri appointed as Glovo Chief Technology Officer

Glovo has appointed Shiro Theuri as its new Chief Technology Officer (CTO). Previously serving as the Senior Director of Engineering since 2022, Theuri’s new mandate is to elevate Glovo’s technological and innovative prowess, ensuring the platform delivers an exceptional experience for customers, couriers, and partners alike.

Coventry robotics firm enters Spanish market with €1.4M deal

Coventry-based Expert Technologies Group has secured a significant contract in Spain, bolstered by a €1.4 million financing arrangement.

Innovate UK U-turns after female funding faux pas

Innovate UK, Britain’s national innovation agency, has U-turned on its decision to award only half of the 50 grants in its ‘Women In Innovation’ funding competition for female entrepreneurs.

Hidden fees cost UK businesses £2.6 billion annually for renewable energy

Despite the new Labour government’s commitment to a greener UK energy system, recent data has uncovered that hidden transaction fees are inflating costs for businesses transitioning to renewable energy. A comprehensive analysis has shown that these hidden fees are costing UK businesses a staggering £2.6 billion annually, translating to an additional monthly expense of £216 million.

Treble raises €11m in Series A round to scale sound simulation platform

Treble Technologies, a startup in sound simulation and synthetic audio data generation, has secured €11 million in a Series A funding round.

Will new governments in the US and UK end the new data privacy rules limbo?

Six years have passed since the implementation of the General Data Protection Regulation (GDPR), yet the landscape of global data privacy regulations continues to evolve with considerable divergence between the EU and countries like the US and the UK.

OceanScore closes €5m funding round to expand maritime compliance solutions

OceanScore, a provider of data and compliance management solutions for the maritime industry, has secured a €5 million in an oversubscribed Series A funding round. This fresh capital injection will enable OceanScore to enhance its product offerings and broaden its global reach.

How fintech startups can address key pain points in the creator economy

The creator economy is a comparatively new phenomenon that has already experienced rapid development. With the growing recognition of content creation as a profession, the creator economy will develop even faster. As of 2024, it is valued at nearly $160 billion and is projected to grow fivefold by 2030.

From university spinout to acquisition: Cortexica’s journey

Being a university spinout is already a unique way to bring about a new startup, filled with its own set of challenges and rewards – but what about transitioning beyond that phase?

Navigating the New Sales Frontier: Embracing Digital Solutions to Transform Buyer Engagement and Drive Growth

In today’s rapidly changing markets, adapting to evolving buyer behaviours and sales enablement challenges is crucial. Damjan Haylor, CEO of POPcomms, with over 25 years of experience, notes that shifting expectations and dynamic market conditions present not just challenges but significant opportunities for growth.

Tips for SMEs trying to survive 2024’s payment challenges

The business landscape in 2024 is fraught with challenges, including economic uncertainty, technological shifts, and evolving consumer preferences. SMEs are struggling to keep up with the dynamic market. As a result, many risk falling behind.

Why investing in digital collaboration solutions from the start is worth it

Startups interact with numerous stakeholders online. To be perceived as a reliable business partner from the start, it is crucial for them to choose a secure collaboration platform.

Why taking risks as an entrepreneur is crucial for business today

In today’s rapidly evolving business environment, there are more fast-paced changes and challenges than ever. Businesses face more competitive markets, and unpredictability is influenced by geopolitical conflicts and economic issues. This is why calculated risk-taking has become more crucial than ever for entrepreneurial success.