One third of UK SMEs urgently need financial support to survive economic pressures

A recent survey by Novuna Business Cash Flow, involving 500 SMEs, has uncovered that 33% of small and medium-sized enterprises in the UK urgently need financial support within the next year to sustain their operations. As these businesses face mounting economic pressures, it’s crucial to explore funding options beyond personal borrowing and traditional bank loans.

UK fintech Altery launches first digital payment bot on Telegram

Altery, a UK-based fintech startup, has unveiled its digital payment bot on Telegram. This bot is designed to provide an intuitive and secure payment experience, streamlining financial transactions on one of the world’s fastest-growing messaging platforms.

Open Innovation AI and Nscale form strategic alliance to deliver AI GPU Cloud Services

Open Innovation AI, a provider of GPU orchestration platforms with AI and data science tools, has partnered with Nscale, an AI cloud service provider, to deliver advanced AI cloud services and optimised AI workloads globally.

Female founded UK fashtech startup Hey Savi raises £2.2M pre-seed investment

Hey Savi, the UK-based fashion search and recommendation platform, has announced a £2.2 million investment. This significant pre-seed funding round marks one of the largest for an all-female founded tech startup in the UK.

Syntetica secures €4.2M to revolutionise nylon recycling in fashion industry

Syntetica, a startup specialising in nylon recycling, has successfully raised €4.2 million in a seed round. Leading the investment was EQT Ventures, joined by the family offices of Peugeot and ETAM, Volta Circle (Indorama Ventures’ shareholders family office), Better Angle, Pareto Holdings, Athletico Ventures, Bear Flag Capital, and notable angel investors including two-time Formula-E champion Jean-Éric Vergne, IDEC Group CEO Patrice Lafargue, and former tennis player Paul-Henri Mathieu.

How higher education institutions can support and improve the local startup community

Higher education institutions are uniquely positioned to support and improve local startup communities, driving economic growth and innovation. At Oxford Business College, we have seen first-hand the transformative impact an educational institution can have on its surroundings.

Navigating mental health culture in a multigenerational workplace

The modern workforce is a unique blend of four different generations. In this article, I will provide strategies that can help you navigate the needs and perspectives of each generation, to create a supportive and open workplace culture.

Singapore unlocked as key market for global tech startups

Plexal, the innovation company solving society’s challenges through collaboration, the Cyber Security Agency of Singapore (CSA), and National University of Singapore (NUS) have partnered for a new international initiative – CyberBoost. 

3 keys to scale your service successfully

When you run a service-led business, there are three key elements that are intrinsic to scale your business successfully and step out of the hustle culture.

EU AI act adopted: implications for businesses and individuals

On 12th July, the European Union adopted the Artificial Intelligence Regulation (EU AI Act), scheduled to take effect on 1st August, 2024. Although most obligations will not be enforced for another two years, businesses and individuals should start familiarising themselves with the new requirements, advises Toomas Seppel, attorney-at-law at Hedman Law Firm.

Paladin Capital Group partners with NATO DIANA to enhance global tech investment security

Paladin Capital Group, an investor specialising in advanced cyber and AI technologies, has joined the Allied Capital Community of the Defence Innovation Accelerator for the North Atlantic (DIANA), an initiative by NATO to enhance dual-use innovation across member nations.

LegalFly secures €15M to set security standard in AI legal services

LegalFly, a legal AI platform, announced it has secured over €15 million in Series A funding. The round was led by Notion Capital, with additional backing from Redalpine and Fortino Capital.

Crypto Quantique partners with Asia IP distributors for quantum chip security

Crypto Quantique, a provider of quantum-driven security for the Internet of Things (IoT), has announced new partnerships with three intellectual property (IP) distributors in the Asia-Pacific region: Kaviaz Technology for Taiwan, LoMicro for China, and KRM for Japan and Korea.

AMD acquires Silo AI to expand enterprise AI solutions globally

AMD has announced a definitive agreement to acquire Silo AI, Europe’s largest private AI lab, in an all-cash deal valued at approximately $665 million. This acquisition marks a pivotal move in AMD’s strategy to offer comprehensive AI solutions grounded in open standards and fostered through strong global partnerships.

How entrepreneurs can maintain wellbeing, from finding balance to avoiding burnout

Many entrepreneurs make a habit of placing a premium on the relentless pursuit of success at all costs. But investing your very soul into starting, developing, growing, and running a venture nonetheless often takes a high emotional toll.

Helsing Secures €450M in Series C Funding to Advance Defence AI

Defence AI innovator Helsing has secured €450 million in a Series C funding round, led by General Catalyst. The round also saw participation from prominent investors such as Elad Gil, Accel, Saab, Lightspeed, Plural, and Greenoaks.

Challenging Conventional Thinking – 6 Best Practices from an Entrepreneur

After eight years in the live events industry, working from Paris to New Zealand, I’ve seen the limitations of conventional thinking firsthand. The way I work, and always have done, is by always asking the questions – Why am I doing this? What is the quickest and most effective way I can do this? How can I produce the best results whilst being cost-effective for my clients?

Grand Games Raises $3M to Revolutionise Mobile Gaming

Grand Games, a mobile gaming company transforming social game development, has raised $3 million in pre-seed funding and soft-launched its inaugural game just four months after its inception. The funding round was spearheaded by Earlybird Digital East Fund, an investor in Peak Games, with additional support from Laton Ventures.

Why every startup needs a video podcasting ecosystem

In today’s fast-paced digital world, standing out can be tough. Traditional marketing tactics are still useful, but let me tell you, video podcasting is a real game-changer. Here’s why every startup needs to jump on this bandwagon and build a video podcasting ecosystem.

Almost 20% of UK businesses avoid discussing future plans with staff

Digital staffing agency Coople surveyed 1,000 UK business leaders to understand how economic conditions have impacted their staffing practices.