Latitude59 joins the VONA movement to solve ecocide caused by Russia-Ukraine war

Latitude59, the Estonian flagship startup and technology conference, has announced a partnership with the VONA Hackathon which aims to tackle the urgent environmental challenges faced by Ukraine due to war damage.

Tquila Launches ‘The Paloma Fund’ Aiming for $60m to Boost Tech Portfolio

Tquila, the global technology venture-building company, has announced the launch and first close of the Tquila Paloma Fund (the “Paloma Fund”), securing $40 million in commitments, which accounts for two-thirds of its target capital raise of $60 million.

The CDO of 2024 moves from managing data to leading AI implementation strategies

According to market figures, 93% of Chief Data Officers agree that data strategy is crucial in order to derive value from generative artificial intelligence. In this sense, the role of the CDO in companies has evolved and has become essential in recent years as they are leading the incorporation of exponential technologies, with the preponderance of AI, anticipating digital trends and drawing the best roadmap from data-driven decision making.

Battery storage company Terra One raises $7.5M to power transition to green energy

Terra One, a Berlin-based startup that facilitates the transition to green energy with its grid-connected large-scale battery storage systems, has secured $7.5 million in seed funding.

Slack founder backs Amplifier Security with $3.3m pre-seed round

Security teams rely on an ever-growing stack of security tools to keep their organisation safe. Yet, coverage gaps and alerts across these tools do not get proper and timely attention because of the difficulty engaging company employees busy with their daily work to fix them.

‘Lilac Review’ boosts board to level up disabled entrepreneurship

The new Government-backed Lilac Review, which aims to address and overcome the inequality faced by disabled entrepreneurs, has boosted its Steering Group with the appointment of two further disabled founders, as it tracks significant progress since launch.

Iceotope founder launches South Yorkshire tech venture community

Tech companies across South Yorkshire will be the first to benefit from Venture.Community, an industry network with startup and scaleup acceleration, launched as part of UK Tech Week celebrations in Sheffield.

UserHub secures $3.2m to help SaaS startups monetise and scale

UserHub, a User-Based Billing Platform built for B2B SaaS, has secured $3.2 million in pre-seed funding.

UK startup Blue Skies Space closes £2m+ funding round

Space data company Blue Skies Space has secured over £2m in funding to accelerate the launch of its science satellites, to help the world’s research communities in their quest to solve the biggest questions in the universe.

Meet the startups selected for Intel Ignite’s Spring 2024 UK cohort

Intel Ignite, Intel’s global startup accelerator programme for early-stage deeptech startups, is launching its second cohort in the United Kingdom on April 24th.

The art of nurturing customer intimacy in a tech era

Digital transactions have the potential to easily eclipse human connections if left unchecked. The concept of ‘customer intimacy’ takes on new significance in modern business, where digital trends are the standard.

South Yorkshire’s tech sector achieved record levels of startup activity

A new report, published to mark the inaugural UK Tech Week celebration of tech ecosystems across the UK, shows that South Yorkshire’s tech sector saw record levels of home-grown startup activity and attracted more tech company relocations than ever in 2023.

UK’s most successful deeptech founders unite for the first time

SCVC, an UK early-stage deeptech venture capital firm, has appointed John Williams as its partner – a move that unites two of the country’s most successful deeptech founders for the very first time.

Rules of engagement: the role of brand loyalty and building a community

The business landscape today is highly competitive, and companies must be able to offer something different in order to attract and retain customers. While a product or service may help to secure a buyer’s initial business, there are many other factors that can influence a customer’s decision to remain loyal to a brand.

AI-powered recycling startup Sorted raises £1.65m

Sorted, a London-based recycling tech business, has raised £1.65 million in a seed funding round led by Pi Labs. Other investors include the circular economy-focused fund Archipelago Ventures, Circular Plastics Accelerator, Conduit Connect, Antler and angel investors.

Czech startup Talsec obtains initial investment

With users increasingly favouring mobile applications over computers, attackers are turning their attention toward mobile devices. However, company executives often view security costs as a “necessary evil” due to their indirect impact on revenues. Czech startup Talsec aims to change this perspective by offering specialised tools for app developers that protect against hackers, conceal sensitive information, and detect malicious software. Originating as a spin-off from the Brno-based technology company Monet+, Talsec, after two years of organic growth, has received an investment exceeding 25 million Czech crowns in the first round from London-based Dig Ventures and Czech DEPO Ventures. This funding is intended to accelerate its penetration into the global market and support further development.

PLD Space achieves €120 million in funding

The Spanish company PLD Space has attained 120 million euros in funding to date, thus ensuring it can meet its upcoming technological and corporate milestones, culminating in the launch of the MIURA 5 mission at the end of 2025.

14Peaks closes inaugural $30M fund to power software startups in fintech and future of work space

Venture capital firm 14Peaks Capital has successfully closed its first fund at $30 million in capital commitments from an impressive consortium of limited partners (LPs), consisting of influential High Net Worth Individuals (HNIWs) and family offices spanning Europe and the United States.

Equispheres secures $20 million investment round

Equispheres has announced it has completed an initial close on its Series B financing totalling approximately C$20 million.

Could 2024 be the best year yet for climate tech startups in the UK?

The latter part of 2023 saw UK’s climate tech startups raise all time high levels of VC investment. In 2023, climate tech made up 23% of Foreign Direct Investment (FDI) into London – twice the amount of 2022.