Funding into UK tech startups dropped 18% in Q1 2024

Tracxn has unveiled its Geo Quarterly Report: UK Tech for the first quarter of 2024. Drawing from its database, the report sheds light on the dynamics within the UK tech sector.

Europe’s most promising cybersecurity startup

ONEKEY is Europe’s most promising startup in the field of cybersecurity: the jury of the ECSO Startup Award has chosen the Düsseldorf-based company as the winner of the ECSO Award.

ABB Robotics and tech startup deliver affordable housing

ABB Robotics has announced a partnership with the UK-based tech startup AUAR to push forward the development of robotic micro-factories dedicated to the construction of affordable, sustainable, and energy-efficient timber homes.

AI meets US healthcare fax machines as Tennr lands $18m from a16z

Fax machines are older than telephones and the Internet. Despite being a legacy technology, the healthcare industry still sends nine billion faxes a year because they are more reliable than telephone calls and emails.

Health tech Tonic App raises €10.85M to enter the UK and Germany

Tonic App, the digital health startup that makes the day-to-day of physicians simpler by aggregating all the resources they need in a single platform, has just closed a Series A investment round of €10.85 million.

Stayf raises $700K to prevent employees from burnout

Stayf is dedicated to enabling organisations to focus on the wellbeing of their employees, aiming to create a productive and positive workplace culture.

Canva acquires UK-founded design platform Affinity

Canva has announced the acquisition of Affinity, the award-winning creative software suite for professional photo editing, illustration, graphic design, and page layout.

Brazilian startup Cromai wins third edition of South Summit Brazil

The startup Cromai was the winner of the third edition of the Startup Competition at South Summit Brazil, the leading meeting of the entrepreneurial ecosystem co-organised by IE University and the Government of Rio Grande do Sul, which was held from March 20 to 22 in the city of Porto Alegre.

Autism revealed to be more common in the UK than previously thought

The Department of Workplace and Pensions (DWP) recently released a government-backed review at the end of February that has laid out a vision for culture changes in workplaces across the country to help those with autism start and stay in employment.

Inbox Business Technologies announces strategic move to Saudi Arabia with AstroLabs

AstroLabs, the leading business expansion platform in the Gulf, announces its partnership with Inbox Business Technologies, a trailblazer in digital integration and IT services. This collaboration is set to fortify the IT services and consulting sector in Saudi Arabia, aligning with the Kingdom’s vigorous digitisation and technological transformation efforts. 

Rapid innovation is the only way to compete in the battle for skilled employees

The UK is facing an unprecedented skills shortage, with the latest government statistics revealing that 9.25 million people aged 16-64 are currently out of the workforce. As a result, employers have a dwindling pool of talent to select from to plug skills gaps.

City firm has big plans to support UK SMEs and early stage companies

Trying to trade shares in unlisted companies doesn’t come without a few headaches. JP Jenkins, powered by InfinitX technology, could potentially end decades of frustration and address calls from the government for pension funds to give more support to ‘fast growth’ firms.

Using AI to scale-up? How to avoid regulatory blocks

AI has the potential to bring huge growth at a rapid pace to scaling businesses. But there are a range of legal issues to bear in mind.

Advertising opportunities on the moon
Advertising opportunities on the moon

Californian startup Astrolab, which will send its Flex rover to the moon in 2026, has signed a deal with Group of Humans, offering it the chance to test and advertise new products – on the moon.

Made Smarter and tech institutes join forces to demystify digital transformation

‘Made Smarter technologies: powering the digital transformation of SME manufacturers’ is a practical guide from the government-backed and industry-led technology adoption programme in the North West.

Nearly 300 startups from around the globe are vying for a €1M investment

Latitude59 Pitch Competition, the largest competition of its kind in the Nordic countries and the Baltics, attracts hundreds of startups worldwide and Estonian investors, who are offering an investment of up to €1M in 2024.

DTX + UCX Manchester returns: global brands, tech, and speakers highlight

Digital Transformation EXPO Manchester (DTX), the North’s biggest enterprise IT and technology event, has announced its doors will open on 22–23 May 2024.

Dragons’ Den’s EV charging startup begins trials in Scotland

Kerbo Charge unveiled the installation of under-pavement charging channels in Stirling, marking the first such deployment in Scotland.

The Hustle Awards: Workspace of the Year

The Hustle Awards are back for 2024, and Startups Magazine is here to help you through the entry process.

AI company Buddywise raises €3.5M

Stockholm-based Buddywise platform, transforming workplace safety with AI across Europe, has announced a new €3.5 million seed round.