Recogni Secures $102M for Next-Gen AI Inference System Development

Recogni has announced the completion of a $102 million Series C funding round, co-led by Celesta Capital and GreatPoint Ventures.

Monzo poised for £4 billion valuation in new funding round

Monzo is near to closing in on a new funding round that could value the fintech at £4 billion, in a sign of investor confidence in its expanding business.

PLD Space wins BOOST! contract to support flexible payload accommodation

The Spanish startup PLD Space has secured a Boost! contract with the European Space Agency (ESA) to develop a payload accommodation system for MIURA 5, enhancing customer flexibility. Valued at €1.3 million, this project is conducted in partnership with OCCAM Space.

Black Tech Achievement Awards 2024 Announces Finalists

The Black Tech Achievement Awards 2024 proudly presents the outstanding finalists across various categories for this year’s event. Recognising and celebrating Black excellence in the tech industry, the awards ceremony promises to be an unforgettable evening honouring the achievements of individuals and organisations driving positive change.

UK recession prompts calls for small business ‘restart’

Small business optimism in the UK is poised for a setback with the announcement that the UK has entered a recession, a recent report by Small Business Britain and TSB Bank reveals.

Credit card startup Yonder launches free membership to reshape market

Yonder, a rewards credit card startup based in London and supported by notable investors such as GoCardless’ Matt Robinson, Cred’s Kunal Shah, and Rio Ferdinand, has introduced a free membership, marking its latest initiative to transform young consumers’ credit habits.

Meet our Esteemed Judges of The Hustle Awards 2024

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. We are thrilled to present our esteemed panel of judges, meticulously chosen for their expertise, extensive experience, and unwavering commitment to integrity.

Lithuanian startup “Walk15” attracts second investment in three months

The sustainable mobility startup “Walk15” has secured a €1 million investment, marking its second investment in just three months. This health-focused startup, which connects over 640,000 users with 1,300 businesses and organisations globally, intends to use the new investment to spearhead its expansion into the German market. This month, “Walk15” inaugurated a new office in Berlin.

Hiring AI Co-workers: Is this the business model of the future?

The pace at which Artificial Intelligence (AI) has advanced in the past few years has certainly got everyone talking about how it’s going to change the way we work. According to the World Economic Forum, it is projected that by 2025, the distribution of work will be evenly split between humans and machines.

Siemens acquires visual inspection company Inspekto

Siemens has completed the acquisition of Inspekto, a startup specialising in high-performance visual inspection, which was part of the portfolio of venture capitalist D11Z. Ventures (previously known as Zukunftsfonds Heilbronn). This transaction represented a notable milestone in the evolution of Inspekto.

The 6 Ps on Securing Press Coverage

I’d like you to cast your mind back to when you had that lightbulb moment of setting up your business. Then to the leap of faith you took to make the time and financial investment to get your company off the ground.

Proactive risk management: leveraging whistleblowing to identify red flags early

In modern business, the ability to foresee potential crises is not just an advantage but a necessity.

Due diligence considerations for tech startups when it comes to M&A transactions

Chris Spillman of Biztech Lawyers outlines the areas that have to be covered when conducting due diligence.

OpenAI’s valuation skyrockets to $80 billion

OpenAI, the brains behind ChatGPT, has completed a deal that has valued the AI company at $80 billion or more, reported by the New York Times, citing anonymous sources with knowledge of the deal.

Octopus Energy Unveils Free Charging Tariff for EV Drivers

Octopus Energy introduced a mass market vehicle-to-grid (V2G) tariff, named Octopus Power Pack, which assures complimentary charging for drivers, thereby accelerating the nation’s transition to sustainable transport.

How can innovations drive manufacturing to net zero?

In the journey to moderate climate change and reduce carbon footprints, the manufacturing sector stands at a critical junction. The industry, historically known for its hefty energy consumption and CO2 emissions, is undergoing a transformative shift towards sustainability, driven by a blend of innovative technologies and practices.

Startups Score Sustainability Goals for UEFA 2024

Champions Innovate, UEFA’s programme dedicated to fostering innovation and sustainability for the 2024 UEFA Champions League final in London, has selected three trailblazing startups: Pavegen, My Emissions, and Pledgeball to drive innovation.

We Are Helping African SMEs To Scale Fast

UK based Jasper SME Hub’s founder and leading SME empowerment advocate – Emmanuel Olujobi has committed to training 50,000 African businesses by 2025 in a bid to support the growth of the SME sector through the Hub. This he noted during the Hub’s annual SMEFest, a gathering of entrepreneurs and industry stakeholders with the theme “Building To Scale”, held in Lagos, Nigeria recently.

Estonia’s Legal Innovations Pave Way for UK Tech startups

Accelerate Estonia, a government-backed innovation lab with a mandate to remove regulatory barriers for entrepreneurs, has partnered with Oxford-based consultancy Oxentia to extend its support to UK tech companies.

PLATF9RM Presents: Kickass Collective 2024

PLATF9RM, Brighton & Hove’s most established independent coworking community, announces the return of Kickass Women with a new twist. Enter Kickass Collective.