Cambridge Future Tech’s $5 Million Raise Marks Major Boost for UK Tech Economy

Cambridge Future Tech (CFT), a DeepTech venture builder, has announced the successful close of its latest round, raising $5 million to unlock the UK’s tech potential ahead of a crucial election for national industrial strategy.

Less talk, more action: why invest in impact-driven, early-stage startups?

The war in Europe, the war in the Middle East, an American president on trial for hundreds of criminal and civil offenses, democratic backsliding across the world, record high temperatures and climate change, the widening gap between rich and poor: the world is in crisis, but, as we all well know, we should never let a good crisis go to waste. We can use it as an incredible vehicle for driving inclusive growth and tackling major social challenges.

Remote Work Fails to Solve Work/Life Balance Conundrum

The number of people satisfied with their work/life balance has declined over the last two years, despite the increase in flexible and hybrid working, a new survey has found.

Why Customer Insights Are Key for Startup Survival

In 2021, CB Insights conducted 111 post-mortems on ‘startup fails’ globally since 2018. Two key trends emerged beyond all others: firstly, and possibly most predictably, startups fail because they struggle to raise sufficient cash.

Kintsugi Secures $6m to Streamline Tax Compliance with AI-Powered Automation

Helping businesses simplify tax compliance, fintech startup Kintsugi AI announced a $6 million funding round (at $40 million valuation) for its tax automation platform.

Time is ticking on financial inequality

For the first time ever, women are taking the streets of London to shine light on financial gender inequality. How? By placing an enormous hourglass in the heart of London, where time is money, visualising how time is ticking on the issue.

One Planet Capital launches new SEIS fund for green startups

OnePlanetCapital, the Climate Change-focused venture capital fund, is launching a Seed Enterprise Investment Scheme (SEIS) fund to invest in early-stage startups across the UK that are accelerating the transition to net zero and a green economy.

Changes to the Employment Relations Act 2023: how does it affect you?

The Employee Relations (Flexible Working) Act 2023 is now in full effect. From 6th April 2024, employees across the country have gained the right to request hybrid working from day one of their employment.

Navigating the investment terrain

When navigating investment as a startup, it is often easy to worry about funding and if an investor is willing to give you money, then there can be a temptation to give away too much or not fully understand the type of contract you are entering.

Ransomware, the top cybersecurity crime facing businesses

In recent years, the digital world has been immersed in a convulsive situation. Geopolitical conflicts, volatility in the world economy, changes in the executives of decision-making countries and the rise of exponential technologies, among other factors, have led to the creation of an uncertain global scenario where challenges and threats are increasing. In this respect, the digitalisation of industries and society as a whole has led to crimes also moving to a virtual format, with cyber-attacks being the main protagonists of this new paradigm.

Specialist brokers say high street banks are restricting cash for SMEs

Nearly eight in ten brokers (77%) believe that high street banks are scaling back their willingness to fund small and medium-sized businesses, according to iwoca’s latest Q1 2024 SME Expert Index.

Empowered Brands to roll out 200+ fit+ gyms in UK and Ireland

Empowered Brands, the Milton Keynes headquartered fitness franchise investor spearheading the growth of the UK’s leading gym franchise, énergie Fitness, and Australian-born, innovative boxing and strength training concept, UBX Boxing & Strength, has announced the signing of a master licence agreement with fit+, a German-based pioneer in staffless gyms with over 250 locations across Europe projecting 2024 turnover in excess of €30 million.

Gen Z financial literacy startup launches ‘Tinder for Money’ feature

Prograd, one of the leading financial literacy companies for Gen Z, has announced the launch of a new feature that promises to transform the way young people find side hustles this summer.
 

56% of young investors unlikely to seek asset and wealth management advice

Younger investors in the UK do not consider building and managing wealth a priority, according to a new survey conducted by Invessed in association with YouGov.

The future of smartphone app development: trends and expert advice for startups

The decades-long evolution of the smartphone has seen the device become the digital nerve centre of our lives, helping to manage everything from our finances to our health.

Hubl Logistics raises £2.5 million to accelerate deployment

Hubl Logistics has secured £2.527 million in funding to accelerate the development and deployment of its innovative and cost-effective technologies.

Jedsy unveils new drone for lab sample deliveries

Jedsy has announced the launch of its latest drone model, the Jedsy X, designed to revolutionise the delivery of laboratory samples. This innovative drone promises to transform urban and rural logistics and significantly improve operational efficiency under challenging conditions.

Nearly two thirds of Chief Executives admit to suffering from tech imposter syndrome

The majority of UK Chief Executives are experiencing tech imposter syndrome in the boardroom, with nearly two-thirds (64%) admitting they secretly feel out of their depth when it comes to digital skills.

10 Ways Human Resources Can Help Increase Productivity

One of the greatest tasks that the human resources team has to accomplish is making sure that there is productivity in the workplace. For this reason, the HR department employs measures like using HR software.

Swiipr raises £6m in Series A funding led by Octopus Ventures

Swiipr, a travel paytech company transforming the airline industry’s outdated and inefficient disruption payments systems, has secured £6 million in Series A funding, led by Octopus Ventures, to help drive the company’s next phase of growth.