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’.
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.
Spike, a B2B data technology and AI startup, has successfully closed an oversubscribed $3.5 million seed funding round co-led by Practica Capital and TheVentureCity, with participation from Silicon Valley, New York, and Berlin-based investors including CEAS Investments, Plug & Play Ventures, Geek Ventures, and Axel Springer Porsche (APX).
Sofant Technologies, the Edinburgh-based wireless technology business, has successfully raised £3.4 million in additional funding. The funding, from EMV Capital, Scottish Enterprise, and Kelvin Capital, will be used to complete the development of Sofant’s core technology and support the production and shipment of beta versions of its satellite antenna to lead customers.
emerchantpay, global payment service provider and acquirer, has announced a strategic partnership with TrueLayer, a prominent European open banking payments network. This collaboration enables emerchantpay to offer bank transfer payments as an online checkout option for merchants across the UK and Europe.
It’s impossible to run a successful startup without help. From IT and accounting to branding and marketing, no founder can do it all – and they shouldn’t try to. It’s much better to focus on the core problem you’re solving, outsourcing as many of the wider support functions as you can for as long as you can.
Storyblok, the modern content management system (CMS) for all teams, has announced the close of its $80 million Series C financing, bringing the total amount raised to $138 million. Brighton Park Capital led the round, with participation from existing investors HV Capital, Mubadala Capital, 3VC, and firstminute capital.











