Tourism Innovation Summit (TIS) returns to Seville, Spain, from 23 to 25 October along with a new edition of the Touristech Startup Fest 2024 entrepreneurship competition, an event aimed at all those national and international startups that want to present their innovation projects with which they are transforming, reactivating and bringing new business models in the tourism sector to the industry and to Travel Tech investment funds.
The mental health app Voda has raised £270,000 in pre-seed funding to help combat the UK’s lesbian, gay, bisexual, transgender, queer, questioning, intersex, asexual and plus+ (LGBTQIA+) mental health crisis.
The hotel industry is experiencing a revolution with the advent of artificial intelligence. According to data provided by tour operators in 2024, it is estimated that more than 80% of Spaniards already use AI to make reservations for travel or accommodation, a number that indicates the impact of the recent solution in the sector, which is changing the way in which supply and demand interact.
Forterro, a European provider of ERP software solutions tailored for the industrial mid-market, has expanded its portfolio by acquiring Prodaso, an innovative German startup focused on bridging the gap between Internet of Things (IoT) and AI applications for manufacturing processes.
When you measure the positive impact of health and wellbeing using data analytics, organisations are in a much stronger position to direct initiatives appropriately to optimise return on investment. By effectively measuring and monitoring progress, you can increase that return further.
On the Thursday afternoon of InnoVEX 2024, judges, attendees, and startups gathered for the annual show pitching competition. The presentations highlighted a variety of tech solutions across several categories, including Smart Mobility, Semiconductor Applications, Precision Manufacturing, Healthcare & Biotech, Greentech, and AI. Across 11 awards, the prizes included cash and startup resources totalling in excess of $100,000.
The technology sector continues to be a driving force in the global economy, with companies reaching unprecedented valuations and transforming industries.
DeepL, a global Language AI company dedicated to breaking down communication barriers worldwide, announced the launch of DeepL for Enterprise. Over 100,000 businesses in more than 60 countries, including 50% of the Fortune 500, use DeepL’s advanced platform for superior translations and writing.
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.
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.
Not too long ago, on-site physical IT infrastructure and traditional software were the only options available to tech-forward companies. As such, many businesses have relied on these legacy systems for decades.
ESG_VC, an industry initiative enabling startups and their investors to improve ESG performance, has published an analysis of ESG data collected from 587 startups backed by leading venture capital firms including Atomico, Molten, Beringea, Oxford Science Enterprises, and Astanor.
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.
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).
Octopus Energy is expanding its global influence with new investors Galvanize Climate Solutions (“Galvanize”) and Lightrock joining its investor base.
A study by IBM reveals that over a third (37%) of business leaders in the UK recognise the growing significance of promoting women into decision-making roles as artificial intelligence becomes more prevalent.
Applications to exhibit at Eureka Park at CES 2025 are now open, offering startups a prime opportunity to showcase their innovations on a global stage.
Ittybit, a developer tools company, has announced the successful closure of a £1.5 million oversubscribed funding round, led by Mercuri and Sure Valley Ventures. This investment will enable Ittybit to further its mission of making AI-led media pipelines accessible to developers worldwide.
