Tech UK calls for Gov to advance AI action with “industrial strategy”

Tech UK, a trade organisation representing the UK’s technology sector, has urged the government to adopt an “industrial strategy” focused on hastening the integration of AI within businesses. This call to action is among seven critical policy recommendations put forward by the UK technology sector.

Payment terms are non-negotiable for 8 out of 10 B2B buyers

Hokodo, the B2B eCommerce Association, OroCommerce, and Greenwood Consulting have unveiled a collaborative report that delves into the purchasing behaviours and e-commerce expectations of business buyers.

One in 10 people put off starting a business by tax and accounting

Despite small businesses single handedly generating a quarter of the UK’s GDP, over a quarter (26%) of small business owners have next to no accounting knowledge. In fact, accounting is the reason many budding entrepreneurs don’t get a business off the ground with one in 10 people put off starting a business by tax and accounting.

CEO Advocates for AI Focus in Entertainment to Position UK as Global Leader

Tim Levy, the founder and CEO of AI startup Twyn, has called on the UK Government to reevaluate its AI strategy, emphasising the need for a greater focus on the media, film, music, and entertainment sectors to establish the UK as a global AI pioneer.

Trailblazing female founders celebrated at House of Lords 

The impressive impact of the rising tide of UK female founders has been spotlighted at a special International Women’s Day reception at the House of Lords.

Sooma Secures €5M Funding for At-Home Brain Stimulation for Depression

Sooma Medical announced it had secured new growth funding of €5 million. The investment round was spearheaded by Voima Ventures, a Nordic early-stage investor focusing on science-based solutions. This funding signifies a significant milestone for Sooma, underscoring its commitment to enhancing global access to treatments for depression and offering effective care for individuals grappling with mental health issues.

Imposter syndrome: the secret fears of high achievers

If you’re part of the estimated global 70% who experience imposter syndrome at some point in life, the persistent feeling that you’re not as good in your career as other people think you are has nothing to do with skill level or competence, but the impossibly high standards you’ve set for yourself.

Membrion propels expansion of sustainable water solutions with 100+ Accelerator

Membrion, the manufacturer of novel solutions for recycling of harsh wastewater streams, is one of an exclusive group of innovators selected for the 100+ Accelerator.

How AI Startups Can Get Enough Data and Avoid Hallucinations

All AI models are based on data – the core of their work. Without it, even the most robust algorithm is useless because it cannot learn. And for AI startups, this can be a real problem.

Motherhood penalty: UK mothers earn less per hour than fathers

The disparity in the gender pay gap has intensified, with the median hourly pay difference between mothers and fathers expanding by 93p since 2020.

Deep Science Ventures Collaborates with CGIAR’s Alliance Bioversity-CIAT for Climate and Agritech Ventures

Deep Science Ventures and CGIAR’s Alliance of Bioversity International & CIAT (The Alliance) announce a strategic partnership to advance their mutual Agriculture, Health, Environmental, and Climate objectives, through the Venture Science Doctorate (VSD).

Simera Sense Raises €13.5m for Earth Observation Imaging Tech

Simera Sense, a prominent provider of optical solutions for the Earth observation sector within the small satellite industry, has secured €13.5 million in its initial round of growth financing.

École Polytechnique’s incubator launches X-UP to support deeptech entrepreneurs

The incubator at École Polytechnique has introduced its novel X-UP programme tailored for deeptech startups, emphasising support for responsible and innovative technologies aimed at a sustainable future.

Seatfrog, Sessions and Venuescanner boost support for staff by saving them money on bills

Train tech company Seatfrog, food brand startup Sessions and event tech startup Venuescanner are among the employers introducing new financial wellbeing support to employees – helping them save hundreds of pounds each on their household bills.

The benefits of being shortlisted for a Hustle Award

The Hustle Awards stands as the paramount acknowledgment in the realm of tech startups, distinguished by a rigorous and impartial adjudication process led by esteemed luminaries in the business sphere.

Airnguru secures $1 million investment to help airlines boost profits

Airnguru, specialising in pricing intelligence, fare management, and price automation for airlines, disclosed today that it has raised $1 million in pre-Series A funding.

There Was No ‘New Normal’

Four years ago this month, we were all given our first ‘work from home’ mandate. A clear, unambiguous instruction from the UK government that, in the grip of a quickly spreading global pandemic, we should all work from home where possible.

How could technology help overcome inequality, not increase it?

The year is 2024. Women still face inequality. There has been so much progress, and there is so much still to do: today we see women from Poland to Mexico protesting on issues from abortion rights to violence against women.

How Can AI Support CEOs in 2024?

Artificial intelligence (AI) has come into its own in the last few years. No longer abstract, it is accessible and affordable for almost all sectors and sizes of business, bringing the potential for tangible benefits when correctly applied. That’s why 15% of UK businesses, and 68% of large companies, already use at least one AI technology, and many more are planning to invest in AI tools.

Government campaign to boost investment in UK scaleups

Today, the Technology Secretary unveiled a campaign designed to bolster investment in scaleups, featuring podcast advertisements, billboards, and more, all showcasing science and technology scaleups to British investors. The ‘Science and Tech is our Superpower’ campaign is focused on ensuring that UK-based science and technology companies poised for expansion have access to the necessary funding from within the UK, aiming to stimulate long-term economic growth and job creation.