Zama, an open-source cryptography company specialising in advanced FHE (Fully Homomorphic Encryption) solutions to safeguard privacy within the blockchain and AI sectors, announced a £73 million Series A financing round.
As technology continues to advance at a rapid pace, startup founders face a growing array of cybersecurity challenges. However, it is often overlooked due to constraints such as budget allocation, time limitations, or expertise required for risk assessments.
For e-commerce business owners, staying ahead of the curve isn’t just an option – it’s a must. With the landscape constantly shifting due to economic ups and downs, tech advancements, and changing consumer habits, being adaptable is key.
The Hustle Awards are back for 2024, and Startups Magazine is here to help you through the entry process.
PitchBook, the data provider for the public and private equity markets, has released 2023 All In: Female Founders in the United States (US) and European Venture Capital (VC) Ecosystems. This is PitchBook’s fifth annual report on the US market and its first European edition, both examining how female founders and investors are stacking up in the broader VC industry.
On the 6th March, the highly anticipated Spring Budget was unveiled. Chancellor Jeremy Hunt disclosed a series of initiatives that have been designed to support startups and SMEs, as well as providing support for technology adoption.
Nuke From Orbit, a UK-based fintech startup, has successfully raised £500,000 in a pre-seed funding round to launch its product. The company, which seeks to transform mobile security, has drawn attention from prominent investors for its novel method of safeguarding financial accounts and personally identifiable information (PII).
As the founder of a startup, it’s a scary thought that roughly 60% fail in the first three years. However, the high failure rate of startups can’t be too much of a deterrent for entrepreneurs given that between 2020 and 2022 the number of tech firms in the UK doubled.
Wobble Genomics, a spin-out from the University of Edinburgh that is pioneering a novel RNA sequencing technique, has secured £8.5 million in funding to commercialise its breakthrough technology.
ICG, a global alternative asset manager, has been chosen by the British Business Bank for funding under the newly launched Long-term Investment for Technology and Science (LIFTS) initiative.
Solivus, a developer of innovative lightweight solar solutions, has secured a three-year contract to engineer, procure, construct, and install PV Solar Systems for bp and its clients, following an intensive and competitive bidding process.
Ahead of International Women’s Day (IWD), new research has uncovered a significant gap in the aspirations and perceived barriers between genders, with girls ten times more likely than boys to feel that their gender would disadvantage them in achieving leadership roles.
The Enterprise Investment Scheme Association (EISA), the official body for the Enterprise Investment Scheme (EIS), has applauded the Chancellor’s decision to retract the January amendments to the definitions of High Net Worth and Sophisticated Investors in the Spring Budget 2024. This reversal is seen as a pivotal signal of support for entrepreneurs and early-stage investors.
Building trust within a workplace is of utmost importance, and managers and business owners need to know how to build trust within their workplace and amongst teams.
Phlux Technology, a manufacturer of avalanche photodiode (APD) infrared sensors, has announced that it has won a six-figure (GBP) value export contract and is now shipping production quantities of its 1550 nm InGaAs avalanche photodiode sensors.
The total value of infrastructure, transport, and building projects across the MENA region stands at approximately $2.5 trillion. In a bid to facilitate connections between construction businesses and suppliers of building materials, pioneering B2B construction tech startup BRKZ, specialising in materials procurement for construction projects, has announced an $8 million investment to empower contractors in reaching their full potential.
A software platform, developed in Scotland and powered by artificial intelligence (AI), is poised to transform global land management practices.
Snowflake, the Data Cloud company, and Mistral AI, a European provider of AI solutions, has announced a global partnership. This collaboration aims to bring Mistral AI’s most powerful language models directly to Snowflake customers in the Data Cloud.
Q5D, a developer of wire harness automation equipment for additive manufacturing, has been awarded £918,169 in grant funding to enhance the software powering its CY1000 wiring automation robot.
Founder of Starling Anne Boden revealed to a Keynote Theatre on day one of Tech Show London the struggles she faced in fundraising because she is a woman and how she sees AI could bridge such gaps for female founders.
