Swiipr, a travel paytech company transforming the airline industry’s outdated and inefficient disruption payments systems, has secured £6 million in Series A funding, led by Octopus Ventures, to help drive the company’s next phase of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.
This year’s entries raised the bar once again, showing the incredible talent and ambition within our great industry. A special thank you to our esteemed judging panel for investing their valuable time to ensure the winning entries are worthy of being crowned victorious.
The eternal “nothing to wear” dilemma arises from having a wardrobe filled with up to 88% of clothes that go unworn throughout the year, according to Movingo. Style DNA, a company in image consulting tech, unveils its brand-new AI Stylist Assistant to address the issue.
If there is one element that we can no longer discern from any industry, it is technology. Its implementation has generated a true revolution that has also reached the travel and tourism sector. A transformation that is analysed every year at Tourism Innovation Summit (TIS), the technological event for the tourism industry, which returns in 2024 to Seville, Spain, from 23 to 25 October to learn about the latest traveltech trends from the world’s leading experts in the field.
Vizcab, a SaaS platform that calculates the Life Cycle Assessment (LCA) to reduce the carbon impact of construction projects, has raised an additional €4.5 million in Series A funding, bringing their total round to €9 million. The funding will support its rapid growth and expand its operations into new international markets.
The marketing industry is rapidly adapting to the new consumer profile, who spends a large part of their time online. According to the study ‘Trends Review 2024’, prepared by The Cocktail, 35% of our daily rest routine is spent using the Internet. This digital experience has made users increasingly more informed when making decisions, more up to date with trends on social networks, and more aware of different causes although, on the other hand, they are saturated with content and screens, so they seek physical disconnection as an escape route.
Inspeq AI, a full-stack AI Ops platform, has secured $1.1 million in funding, led by Sure Valley Ventures.
Time is the most precious resource when starting and running a company. As Fallow, Field & Mason turns four this quarter, I wanted to share lessons I’ve learnt on how to save new entrepreneurs time.
European venture firm Rialto, has publicly announced its first fund, established by AVM Gestioni SGR Spa, has secured funding for more than €55 million and is more than halfway deployed, with eight investments to date already completed.
Abound, a fintech offering affordable loans, has announced its new financing round. The new funding follows the startup’s continued growth, with Abound reaching profitability in April 2024, just three years after launch.
Eneryield, one of Chalmers Ventures’ portfolio companies, has successfully closed a seed funding round with investment from technology leaders in electrification and automation, ABB and Chalmers Ventures.
Tom Skinner, entrepreneur and former contestant on The Apprentice, has joined forces with Robert Hisee, UK Unconscious Mind Therapist, and Ted Lawlor, manifestation expert known as ‘The Manifestation Guy’, to introduce The Manifestation App.
Three in ten SME finance experts (28%) report that the most requested loan amount at the start of 2024 was over £100,000, 56% higher than the same period last year, according to iwoca’s Q1 2024 SME Expert Index.
Having spent a lifetime creating brands, much of my time in recent years has been spent advising young startups about their ventures. Sometimes it’s interesting, even rewarding, but on other occasions it can be very difficult.
HSBC UK has partnered with Greenly, the carbon management company to support clients in measuring their carbon footprint by enabling them to identify their main sources of carbon emissions and spot opportunities to reduce them.
The pitching competition of the international startup and technology conference Latitude59, which took place in Tallinn, was won by three startups. Ukrainian-founded AI startup Beholder earned the largest investment of €600,000, Lithuania’s AskToSell took home €300,000, and Estonian startup GaltTec won €100,000.
A new study from BusinessComparison has investigated the current state of startups in the UK, identifying the regions and industries with the newest businesses. The study also investigated businesses that dissolved in 2023, focusing on younger companies.
Wind turbines are colossal structures equipped with blades that spin when the wind blows. This motion turns a generator inside the turbine, converting the kinetic energy of the wind into electrical energy. Each turbine is connected to a grid that distributes electricity to homes, businesses, and industries. Wind energy is a renewable resource, it’s clean and doesn’t produce greenhouse gas emissions, and it is environmentally friendly.
The Cambridge tech ecosystem now has a combined value of $191 billion, representing 18% of the entire UK’s tech ecosystem and more than Spain and Italy combined, according to new analysis by Dealroom for Founders at the University of Cambridge.
Startup accelerator programmes have become hugely popular in the tech world in recent years with ambitious inventors and eager entrepreneurs looking to turbocharge their dream of growing a thriving business.
