Gresham House, a specialist in alternative asset management, has initiated a new limited partnership aimed at facilitating institutional investment in burgeoning companies within the UK and Ireland.
According to McKinsey’s The State of AI in 2023 report, 55% of companies have adopted artificial intelligence (AI) in some form, but fewer than one-third say that AI is used in more than one business function. This shows that, while AI adoption is steadily increasing, the applications of this technology continue to be underutilised by organisations globally.
Daytona, the self-hosted platform specialising in “Development Environment Management,” has successfully secured £1.6 million in Pre-Seed financing, surpassing its original goal. The investment round drew substantial investments from notable figures in the developer tools domain.
SMEs are grappling with so many export challenges today. These include, but aren’t limited to, increased paperwork and red tape, as well as supply chain and logistical issues. Such conditions are making it difficult for businesses to pursue their international growth plans.
Mangopay, a bespoke payment infrastructure provider for platforms, has announced a partnership with Aria, a prominent entity in the deferred payment infrastructure space catering to B2B marketplaces and platforms.
IBM recently unveiled its intention to establish an Enterprise AI Venture Fund worth $500 million. This fund is poised to support a variety of AI enterprises, from those in their infancy to rapidly expanding startups, all with the aim of propelling generative AI technology and research within the corporate sector.
Snowflake, the Data Cloud company, has launched the Powered by Snowflake Funding Programme, which intends to invest up to $100 million dollars toward the next generation of early-stage startups building Snowflake Native Apps.
A recent report by the international mobility platform Localyze indicates that work relocation, whether for short or extended periods, enhances employee effectiveness and job satisfaction.
British tech startup Dootrix has carved a niche for itself in the burgeoning cloud services sector, attracting some of the nation’s foremost brands with its bespoke cloud capabilities that are revolutionising their operational models. This has set the stage for robust growth and lucrative returns for its investors.
UKG, a provider of HR, payroll, and workforce management solutions, recently unveiled its forecast of 2024 HR Megatrends poised to redefine the global workplace. The detailed exposition of these trends will take place at the UKG Aspire conference in Las Vegas this week.
WeWork, the prominent shared office provider, faced a severe setback as it has been forced to file for bankruptcy in the US.
Kvanted Ventures, a new investment firm focusing on early-stage industrial technology startups in Northern Europe, has recently unveiled its inaugural fund of €70 million. The venture, established by Maria Wasastjerna, Eerik Paasikivi, and Axel Ahlström, distinguishes itself as the Nordic region’s first dedicated industrial technology investor.
Mentor Group has launched the Revenue Velocity Accelerator, a comprehensive solution designed for sustainable revenue growth within any organisation. This integrated offering merges the pinnacle of Mentor Group’s expertise in revenue advisory services, promoting a fundamental shift in process, instruments, and behaviour.
Who you are can be as important as the idea you’re pitching. When VCs are seeking partners, they need to know about your background, not just your business.
Nu Quantum, the Cambridge-based quantum networking company, has announced that it has raised £7 million in a pre-series A round.
SupplyWell, the edtech supply solution, is thrilled to announce a significant milestone with a recent investment of £1 million.
From the 13th of November, businesses will need to complete their VAT registration online as part of HMRC’s Making Tax Digital (MTD) strategy.
Excitement is building for the pro AV and systems integration exhibition, ISE. ISE 2024 will see groundbreaking film-maker Sharmeen Obaid-Chinoy talking about the importance of storytelling and how technology is transforming lives.
In a global collaboration, Australian company Lakeba Group, and AstroLabs, a leading business expansion platform in the MENA region, have joined forces to usher in a new era of AI and technology innovation in the region.
Sustainable Ventures, a UK climate tech cluster, has announced it has secured £3 million in its first fundraising led by Barclays Sustainable Impact Capital and other investors to support UK expansion.
