SquareX, led by serial cybersecurity entrepreneur Vivek Ramachandran, is developing a browser-based cybersecurity product to keep consumers safe online. The company announced that it has raised $6 million in a seed round led by Sequoia Capital Southeast Asia. It will use the funds raised on R&D-engineering and go-to-market.
Some of the world’s most innovative startups have been recognised at this year’s ABB Electrification Startup Challenge. The hotly contested challenge attracted 130 applicants from over 30 countries with a range of pioneering electrification solutions and services that address some of the world’s energy challenges.
The Mayor of London, Sadiq Khan, has today announced a series of new business support services to help companies in London high-growth sectors, create the jobs of tomorrow for Londoners. Delivered by the Mayor’s business growth agency, London & Partners, the ‘Grow London’ service will help London and international companies to expand their businesses and support London’s economic growth.
Research from the Gradual Homeownership provider, Wayhome, has found that while high house prices and the initial cost of a mortgage deposit are the biggest obstacles currently facing the nation’s first-time buyers, just a quarter would be willing to consider a 100% mortgage in order to get a foot onto the property ladder.
Almost half of businesses in the UK (44%) experienced at least one LinkedIn scam this year, according to research by NordLayer, a network security solution for businesses. The most affected tend to be big companies (65%), fake job offers are the most popular scam they encounter (63%), and damaged reputation, as well as stolen/damaged data (47% each) were the leading outcomes of LinkedIn scams.
If there is one thing everyone hates, it’s the sense of failure. Indeed, the sweetness of victory feels just so much better. As an entrepreneur, though, you may learn much more from setbacks than successes. We must approach failure with a different mindset – seeing it as a chance rather than an obstacle.
Many hundreds of thousands of new businesses are set up each year in the UK. Indeed, according to Companies House, just over 200,000 new businesses were established in the first three months of 2023. For some, the founders will be content with a lifestyle business or will not wish to scale in any meaningful way. But the majority of businesses will need to raise some form of funding and for many this will be during the early-stage of the business when it is looking to scale.
Climate change is one of the biggest challenges we currently face. While some make changes in their personal lives, others are looking to make an impact through their work and where they chose to live. But which cities in Europe are best to find a green job, and where leads the way for sustainable living overall?
A smart walking cane, a marketplace that connects giant retailers to local producers, a climate impact platform, and a firm ridding AI of bias are among the startups that have gone to raise venture funds following their participation in the inaugural cohort of London Business School’s The Entrepreneurship Lab.










