UK Workplace AI Usage Surges by 66%

AI usage in UK workplaces is up 66% since September 2023, and 18% since the beginning of this year, according to Slack’s new Workforce Index.

Four in five UK SMEs plan to increase overseas spending

Four in five UK small businesses are looking to increase their international payments in the year ahead, but looking beyond domestic trade may heighten their risk of being debanked, according to a new report by cross-border payment provider IFX Payments.  

UK startup Bactery is generating sustainable energy from the earth

A new startup company is leading the charge to a new form of sustainable power by creating a battery that recharges itself when placed in soil.

Voda raises £270k pre-seed funding to address UK LGBTQIA+ mental health crisis

The mental health app Voda has raised £270,000 in pre-seed funding to help combat the UK’s lesbian, gay, bisexual, transgender, queer, questioning, intersex, asexual and plus+ (LGBTQIA+) mental health crisis.

Hotel industry moves into AI: from improving experiences to optimising pricing

The hotel industry is experiencing a revolution with the advent of artificial intelligence. According to data provided by tour operators in 2024, it is estimated that more than 80% of Spaniards already use AI to make reservations for travel or accommodation, a number that indicates the impact of the recent solution in the sector, which is changing the way in which supply and demand interact.

Forterro makes leap towards intelligent software with Prodaso acquisition

Forterro, a European provider of ERP software solutions tailored for the industrial mid-market, has expanded its portfolio by acquiring Prodaso, an innovative German startup focused on bridging the gap between Internet of Things (IoT) and AI applications for manufacturing processes.

How to utilise data analytics for employee health and wellbeing

When you measure the positive impact of health and wellbeing using data analytics, organisations are in a much stronger position to direct initiatives appropriately to optimise return on investment. By effectively measuring and monitoring progress, you can increase that return further.

The Winners of the InnoVEX Pitch Competition 2024

On the Thursday afternoon of InnoVEX 2024, judges, attendees, and startups gathered for the annual show pitching competition. The presentations highlighted a variety of tech solutions across several categories, including Smart Mobility, Semiconductor Applications, Precision Manufacturing, Healthcare & Biotech, Greentech, and AI. Across 11 awards, the prizes included cash and startup resources totalling in excess of $100,000.

Top 10 most valuable tech companies in the world

The technology sector continues to be a driving force in the global economy, with companies reaching unprecedented valuations and transforming industries.

DeepL launches specialised Language AI solution for Enterprises

DeepL, a global Language AI company dedicated to breaking down communication barriers worldwide, announced the launch of DeepL for Enterprise. Over 100,000 businesses in more than 60 countries, including 50% of the Fortune 500, use DeepL’s advanced platform for superior translations and writing.

UK tech executives want more government AI oversight

Research from IT consultancy Zartis reveals substantial confidence in AI regulation among senior UK tech executives. Not only do 77% of respondents rate current global government coordination of AI regulation positively, but they also desire more regulation. Nearly three-quarters (72%) express a desire for increased regulation, with almost a third (29%) wanting ‘a lot more’.

61% of Brits Aspire to Be Their Own Boss, but Funding Remains a Barrier

New research has revealed that greater financial support, regulatory changes, and government-led initiatives to simplify starting a business are seen as the most important factors needed to grow UK entrepreneurship. Implementing these changes could unlock the potential of an estimated 10 million aspiring entrepreneurs.

Immersive Zoom Experience Centre opens in the heart of London

Zoom inaugurated its new Experience Centre in the heart of London. The Zoom Experience Centre has brought the Zoom brand to life. The experience-based space was designed to inspire and immerse customers and partners in Zoom’s products, solutions, and values.

Signapse Closes £2M Seed Round to Accelerate Accessibility for Deaf People

Signapse, a company developing generative AI software for sign language translation, has secured a £2 million seed funding round. The investment comprises £1.5 million from investors and £500,000 from the UK Government.

Southeast Asia and India Startups Display Resilience Amid Funding Crunch

HubSpot, the customer platform for scaling businesses, has announced the findings of a study conducted by Milieu Insight that explored the trends and innovations shaping the startup landscape in Southeast Asia and India.

Touristech Startup Fest 2024 Call Open for disruptive startups in the Travel Tech sector

Tourism Innovation Summit (TIS) returns to Seville, Spain, from 23 to 25 October along with a new edition of the Touristech Startup Fest 2024 entrepreneurship competition, an event aimed at all those national and international startups that want to present their innovation projects with which they are transforming, reactivating and bringing new business models in the tourism sector to the industry and to Travel Tech investment funds.

World-class investors join Octopus Energy Group as it supercharges growth

Octopus Energy is expanding its global influence with new investors Galvanize Climate Solutions (“Galvanize”) and Lightrock joining its investor base.

UK Firms Lag in Prioritising Women’s AI Leadership Roles

A study by IBM reveals that over a third (37%) of business leaders in the UK recognise the growing significance of promoting women into decision-making roles as artificial intelligence becomes more prevalent.

Applications Open for Eureka Park at CES 2025

Applications to exhibit at Eureka Park at CES 2025 are now open, offering startups a prime opportunity to showcase their innovations on a global stage.

Ittybit Secures £1.5m Oversubscribed Funding Round to Revolutionise Media File Management

Ittybit, a developer tools company, has announced the successful closure of a £1.5 million oversubscribed funding round, led by Mercuri and Sure Valley Ventures. This investment will enable Ittybit to further its mission of making  AI-led media pipelines accessible to developers worldwide.