The EU announced the establishment of a dedicated AI office, created to play a pivotal role in implementing the landmark AI Act.
The rapid advancements in technology, particularly in IoT, industrial automation, and smart homes, hold great potential for transforming various industries. However, security concerns arise from connecting everything without understanding the security implications. At Hardware Pioneers, John Boggie, Senior Director of Cybersecurity Certification at NXP Semiconductors discussed how legislation can ensure a safe future for the industry.
DeepL, a language AI company, has announced $300 million investment round, at a $2 billion valuation. Led by Index Ventures, the heavily oversubscribed round attracted support from new investors, who plan to bring extensive expertise, connections, and resources to support DeepL’s growth and long-term vision to transform the way companies communicate globally.
Prograd, one of the leading financial literacy companies for Gen Z, has announced the launch of a new feature that promises to transform the way young people find side hustles this summer.
Younger investors in the UK do not consider building and managing wealth a priority, according to a new survey conducted by Invessed in association with YouGov.
The decades-long evolution of the smartphone has seen the device become the digital nerve centre of our lives, helping to manage everything from our finances to our health.
Hubl Logistics has secured £2.527 million in funding to accelerate the development and deployment of its innovative and cost-effective technologies.
Jedsy has announced the launch of its latest drone model, the Jedsy X, designed to revolutionise the delivery of laboratory samples. This innovative drone promises to transform urban and rural logistics and significantly improve operational efficiency under challenging conditions.
In recent years, the digital world has been immersed in a convulsive situation. Geopolitical conflicts, volatility in the world economy, changes in the executives of decision-making countries and the rise of exponential technologies, among other factors, have led to the creation of an uncertain global scenario where challenges and threats are increasing. In this respect, the digitalisation of industries and society as a whole has led to crimes also moving to a virtual format, with cyber-attacks being the main protagonists of this new paradigm.
Nearly eight in ten brokers (77%) believe that high street banks are scaling back their willingness to fund small and medium-sized businesses, according to iwoca’s latest Q1 2024 SME Expert Index.
Empowered Brands, the Milton Keynes headquartered fitness franchise investor spearheading the growth of the UK’s leading gym franchise, énergie Fitness, and Australian-born, innovative boxing and strength training concept, UBX Boxing & Strength, has announced the signing of a master licence agreement with fit+, a German-based pioneer in staffless gyms with over 250 locations across Europe projecting 2024 turnover in excess of €30 million.
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.
