Xtend secures £40M to redefine robotics with AI-powered common sense

XTEND, the developer of XOS, an AI-driven operating system that is transforming the interaction between humans and drones and robots, announced its £40 million Series B funding.

Artion raises €1.4M to address legally required inspections

The Belgian scaleup Artion announces that it has completed an investment round of €1.4 million.

3t secures $100 million of financing to drive ambitious growth trajectory

3t, a player in the provision of training, learning technologies and simulation solutions for safety-critical industries, has achieved a significant milestone in its growth trajectory by successfully issuing bonds on the Norwegian Stock Market, raising $100 million in financing to aid planned strategic acquisitions.

Stratiphy leads £1M consortium for AI solutions in financial services

Stratiphy, an investment strategy builder technology firm that makes personalised investment solutions scalable, has announced the consortium it leads has been awarded a grant of £1 million from Innovate UK.

Most UK entrepreneurs leverage AI, blockchain and cloud computing to boost efficiency

More than half of UK business owners and aspiring entrepreneurs (56%) are expanding their focus beyond British shores, motivated by the growth potential and increased flexibility available in other global markets.

The 22nd everywoman Entrepreneur Awards Open for Nominations

The 2024 everywoman Entrepreneur Awards, in association with BGF, are open for nominations. Female entrepreneurs have until 3rd June 2024 to submit their entries to the UK’s longest-running recognition programme for women in business.

Hysata, the Australian green hydrogen electrolyser manufacturer, raises $111m

Australia-based Hysata is developing new high-efficiency electrolysers that aim to produce green hydrogen at scale with higher energy efficiency and lower costs than alternative technologies. The company’s technology combines engineering and science in a unique capillary-fed alkaline electrolyser that uses less energy to convert water to hydrogen.

Gen Z FinTech Prograd Announces Expansion To US After Successful UK Launch

Prograd, the UK’s leading financial literacy platform for Gen Z, has announced that it is expanding to the US in September this year.

Meet the Company Using Tech To Revolutionise Self-Storage

In an era where instant deliveries and digital convenience reign supreme, The Box Co. is making waves in the self-storage industry with its innovative approach. 

Dragons’ Den success stories 2024
Dragons’ Den success stories of 2024

Dragons’ Den serves as a crucial platform for budding entrepreneurs seeking to launch or expand their businesses.

Space Tech Startup Xona Raises $19M Series A for its Satellite Navigation Service

Xona, a startup developing a network of small satellites to provide high-precision navigation services, has announced an oversubscribed $19 million Series A funding round led by Future Ventures and Seraphim Space. New investors NGP Capital, Industrious Ventures, Murata Electronics, Space Capital, and Aloniq also joined the round.

e-bike brand VanMoof expands sales and service network

VanMoof, the Amsterdam-based e-bike brand acquired by McLaren Applied in September 2023, has expanded its partner network by adding 50 repair and service locations across seven countries.

Getir, previously acquired Gorillas, exits UK, US, and Europe

Getir, who previously acquired Gorillas and FreshDirect, has announced that it will exit the US, UK, and its remaining markets in Europe.

FuturePlus Becomes Strategic Sustainability Partner to Sustainable Ventures

Sustainability management and ESG reporting platform FuturePlus has entered into a strategic partnership with Sustainable Ventures, Europe’s premier climate tech hub.

NEC X Invests in Multitude Insights to Boost AI Collaboration in Law Enforcement

NEC X, the innovation accelerator and venture studio based in Silicon Valley and supported by the global IT giant NEC, has revealed its latest investment in Multitude Insights. This company offers an AI-powered solution that enhances collaboration and accelerates case resolution for law enforcement agencies and first responders.

Definely Raises $7m Series A to Transform Contract Accessibility for Top Lawyers

Definely, a UK LegalTech company designed to simplify the reading, editing, and understanding of legal documents, has successfully secured Series A funding. The $7 million Series A investment round was spearheaded by Octopus Ventures, with contributions from Cornerstone VC and Zrosk Investment.

OX Delivers electric revenue figures with best quarter yet

OX Delivers, the e-mobility startup committed to transforming B2B goods transportation across the Global South, has achieved its strongest Q1 financial performance to date. The company reported $262,000 in revenue for the first three months of the year, alongside scaling its EV operations in Rwanda.

COO vs CEO: the differences

In the complex hierarchy of corporate governance, two pivotal roles stand out: the Chief Executive Officer (CEO) and the Chief Operating Officer (COO). These positions are fundamental to the strategic management and operational efficiency of any major corporation. While they may seem similar to the untrained eye, their responsibilities and focus areas are distinctly different, yet complementary.

Axmed raises $2 million to transform access to critical medicines in low income countries

For too long, low- and middle-income countries (LMICs) have been disproportionately affected by global health disparities. Despite accounting for over 80% of the world’s population and more than 90% of its disease burden, they only represent 6% of global pharmaceutical revenue.

The different ways of securing business loans for startups

Securing funding is a critical step for startups, often dictating the pace and direction of growth. Business loans remain one of the most traditional and reliable means to raise capital. Understanding the various methods available for securing these loans can empower entrepreneurs to make informed decisions, ensuring they choose the right financial support to match their needs and circumstances.