Insane Cyber closes $4.2 million funding round

Insane Cyber, an innovator in industrial cybersecurity, announces the completion of a $4.2 million early-stage funding round to propel its mission to protect and defend critical infrastructure and operations through continuous innovation and community partnerships.

Slush 2024: world’s largest gathering of venture capital for the third time in a row

Slush will be held on November 20-21, 2024, attracting 13,000 attendees from over 100 countries, and bringing more startups and investors to Helsinki than ever before.

AI platform Tekst.com raises €700k for European growth

Ghent-based startup Tekst.com has developed a promising AI platform that allows large companies to automate text-based processes, such as processing high volumes of email.

Only 20% of UK public can identify a secure password

On World Password Day, the IET unveiled statistics that highlighted the predictability of the UK public’s passwords, making them susceptible to hackers and scammers.

Top pitching startups of SIM: Day One

At the Startups & Investment Matchmaking (SIM) conference in Porto, the pitch battles have been intense. Separating startups by sector, three lucky startups per industry got the chance to pitch before an audience of investor jurors, hoping to secure funding for their innovations.

5 things I wish I knew as a female CEO

Samantha Gilchrist is the businesswoman and powerhouse behind The Gilchrist Collection – the UK’s largest wedding venue collection. Having previously worked as a wedding photographer, Sam has over 15 years of experience in the industry.

Symbe raises £1.2m to help sales teams win deals

Symbe, an AI-powered platform that helps sales teams win more deals by automating the creation of tailored business cases, has raised a £1.2m pre-seed round led by Concept Ventures and joined by Pact VC, Notion Capital, and a range of leading angels through Nodes Ventures.

Tuza secures £4M to compare business card payments

Tuza, the UK platform changing payment processing for small to medium-sized businesses (SMBs), has successfully secured £4 million in a seed funding round led by Connect Ventures, with investment from Northzone, Triple Point, and Entrepreneur First.

Pleo secures €40M debt financing from HSBC Innovation Banking

One of Europe’s leading spend management platforms, Pleo, has secured a €40 million debt financing facility from HSBC Innovation Banking UK, the specialist financial partner for the innovation economy.

Vivalyx secures seed financing to improve donor organ quality

Aachen-based Organ Vitality Tech company Vivalyx has received an investment of €5.4 million led by TechVision Fonds (TVF) and Brightlands Venture Partners (BVP) in an oversubscribed seed financing round.

Leaders need more clarity on UK AI regulation
Leaders need more clarity on UK AI regulation

As the UK government shows signs of accelerating the regulation of AI locally, Vanta has released new data from its State of Trust study revealing that over half of UK leaders (56%) say they would be more likely to invest in AI if the technology was regulated.

Accounts Payable professionals willing to pay more for automated payments

New research from embedded finance specialist Weavr reveals that a staggering 94% of Accounts Payable (AP) professionals would prefer their AP software to be able to execute payments, not just prepare them.

The best European countries to work in SEO revealed

The UK is the best country in Europe to work in search engine optimisation (SEO), a new study has found.

UK’s most significant insurtech centres, outside of London, revealed

A fintech report* released last week has revealed one of the UK’s most flourishing insurtech hubs outside London.

UK businesses have lowest global confidence in tackling AI threats

Ping Identity released the findings of its new survey shedding light on the concerns of businesses over their fraud prevention strategies in countering AI threats.

Conversational AI insurtech PeppercornAI raises £3.25M

Insurtech PeppercornAI has raised £3.25 million in its latest funding round. The funding, of which Wealth Club raised £1.9 million, included high net worth investors, existing investors EHE Capital, and Angels Invest Wales. The round was heavily oversubscribed despite reports from KPMG showing investment into UK fintech and insurtech was down 34% last year.

Just 19% of professionals in the UK think their workplace is sustainable

New research from recruitment company Robert Walters has found that despite 48% of the companies surveyed stating they have clear, business-wide sustainability goals – efforts still seem to be falling short.

Unlocking business resilience through diversification

Recently, Superdry announced a massive restructuring project which will see the company implement a range of cost-cutting measures, including delisting from the London Stock Exchange.

Pioneering entrepreneur launches ventures to help protect the planet

An entrepreneur has launched a series of ventures aimed at helping protect the planet by improving the sustainable practices of businesses and individuals.

SHEIN ranked most successful startup of the decade

SHEIN is the most successful startup of the decade, ranking in the top three for valuation, public perception, growth, and number of employees.