Hard Tech Venture Capital Fund Rialto 1 Steps Out of Stealth with €55M Raised and 8 Investments

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.

Affordable loan provider Abound secures new funding

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.

Startup Eneryield secures additional seed funding

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.

The product is everything

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 and Greenly Launch Carbon Calculator for SMEs to Track Emissions

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.

Beholder, AskToSell and GaltTec share the Latitude59 pitching contest million

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.

Startup Nation: Entrepreneurship in the UK

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.

UK-based Werover digitises wind energy industry and transforms asset monitoring

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.

Cambridge tech ecosystem valued at $191 billion

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.

The accelerator boom: don’t make yours a bust

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.

LCRIG & TTF Launch Funded Places in New Startup Zone at the LCRIG Innovation & Learning Festival

The Local Council Roads Innovation Group (LCRIG) has announced an exciting new addition to the Innovation & Learning Festival in July: the LCRIG & TTF Startup Zone. This opportunity, in partnership with the Transport Technology Forum (TTF), is designed to provide opportunities for small and emerging businesses to showcase their innovative solutions and pioneering technologies.

Essential Tech for Digital Nomads and SMEs to Simplify Remote Work

The digital nomad lifestyle is in demand amongst British workers. According to a recent study, almost half (45%) of UK workers would consider moving jobs or changing careers for the opportunity to travel for work or work abroad.

Connections Will Help You Build Your Business Empire

One of my key missions is to encourage other business owners and founders to take time out from their busy everyday lives, to make time for; connection building, enjoyment, self-care, and a new level of networking, that incorporates rewarding themselves with new experiences, combining work and play.

DigitalOcean Reimagines App Platform, Paving the Way for Application Development and Scaling

DigitalOcean Holdings, the developer cloud optimised for startups and growing technology businesses, has announced the next evolution of App Platform, a fully managed platform-as-a-service (PAAS) solution designed to streamline the entire application lifecycle.

Pranjali Awasthi: From Coding at 7 to Founding Delv.AI at 16

Pranjali Awasthi is a remarkable young entrepreneur who founded Delv.AI, an AI startup, at the young age of 16.

The Future of Business Banking: Embracing Cryptocurrency

In the dynamic world of business banking, the adoption of cryptocurrency represents a transformative shift that is reshaping how businesses manage their financial operations.

Orca AI secures $23 Million to Propel Autonomous Shipping

Orca AI, the AI-based operational platform for ships, has raised $23 million in new funding, led by OCV Partners and Mizmaa Ventures, taking its total raised to nearly $40 million.

Driving Innovation: London’s IT Sector and the Rise of Startups

London’s IT industry has long catalysed innovation and technical improvement. In 2024, London’s strong startup ecosystem will continue to grow, pushing a rising number of pioneering firms and impacting the future of many industries. As a result of technical breakthroughs and innovations, the demand for an IT company is increasing.

Half of SME owners experienced poor mental health in the past 12 months

Approximately half of all self-employed people have experienced poor mental health within the past 12 months – 22% worse than the national average.

AI powered podcasting: leveraging AI to grow your podcast

On 23rd May at The Podcast Show, Startups Magazine was lucky enough to sit in on a panel all about the future of podcast production with Artificial Intelligence (AI) at its core. The panel challenged popular misconceptions, highlighting ethical considerations, and demonstrating how AI tools are revolutionising podcasting from production to promotion.