Thrive Therapeutic Software has closed its latest round of funding in a record ten days, raising a total of £2.5m in funding and signifying one of the fastest investments of its kind for a UK company in the digital health sector.
But Anna, how do I build a business pitch? I get asked a lot. Unfortunately, there is no magic formula for building a good pitch. I learned it by trial and (a lot) of error. I’ll give you an example.
Winning any award is nice, but it means so much more when that award reflects a mission you’ve intentionally set out to accomplish. For our team at Plux X Brighton, that’s what it meant to pick up the prize for Best In-House Workplace Mental Health Awareness Initiative at the inaugural Company Culture Awards in April. The building is also on track to become the first in South East England to achieve WELL Platinum accreditation from Wellspace, global benchmark setters for wellbeing at work.
We are getting new business almost every day. With the rise of social media, luckily for us, we get to see them online each day more and more. During the lockdown last year, a lot of businesses failed, meanwhile a lot of businesses got a huge increase.
As a startup, it’s easy to find yourself admiring a colossal corporation and begin mentally listing all the ways entering into a partnership with it could help you get where you want to be. There’s no doubt that the economies of scale, the vast customer reach, and the global brand reputation of a blue-chip player can help elevate a startup company to another level.
Next-gen banking and impact app, Novus has teamed up with Visa to launch a unique mobile banking application that rewards conscious consumers for sustainable purchasing choices in a bid to generate positive impact from everyday payments.
Sky Media, the advertising sales arm of Sky, has announced the return of SME100, a £2m support scheme for small businesses, giving them free access to the power of TV advertising through AdSmart as they recover from the pandemic.
GEICO, the second-largest auto insurer in the US, is partnering with Tractable to accelerate its auto claim and repair process. Tractable’s proprietary computer vision technology, trained on millions of historical claims, assesses vehicle damage like a human appraiser. Inserting AI into the process, GEICO will be able to accurately review estimates within seconds while also reducing administrative overhead.
Smarthome security startup, Boundary Technologies has announced that it has secured a £3.7m investment to scaleup following the successful launch of its first product, including £1.5m from Skyscanner’s Co-founder, Gareth Williams – his biggest angel investment to date.
London-based startup and innovation house Satori is excited to launch its brand new, big volume, high precision, industrial-grade 3D printer via a Kickstarter campaign launching on 25th May at 1PM BST.
ICAS World Ltd (ICAS), a global provider of mental health and employee wellness services has acquired the NHS-commissioned mental health tech startup, Hello Tomo. The acquisition is the first major milestone for ICAS as it rolls out its new global digital health strategy, tapping into the $121bn mental wellness market and expanding its support for the 790 million people around the world currently affected by a mental health condition.
We face a forever-altered landscape of communication and commerce. As a native of Ukraine, I have survived difficult times. As an entrepreneur, I have kept my company alive in the face of war and revolution. And, though the details and depth of our situations differ from day to day and person to person, these steps can offer a port in any storm.
Richard McCall, CEO of Armalytix, believes that despite the post COVID-19 road to recovery, Britain’s army of small businesses face an extremely uncertain six months as the implications of tax deferrals, loans and uncertain growth combine. Richard argues access to up-to-date financial information, made easier by Open Banking will help these businesses maximise the potential upside of the recovery.
You’d think that a pizza company wouldn’t be a poster child for digital transformation, but that’s exactly what Domino’s Pizza is – one of the first to debut an app that lets you order through your smartwatch or Tweet and track your order on your mobile device.
Overture Life, the IVF process automation startup, has announced that it has raised $15M in Series B funding, bringing its fundraising total to $37m as it continues to attract investments in its mission to democratise In-Vitro Fertilisation (IVF).
Starting and growing a business also means getting a team of people together to grow and work with you and support you. But that’s not always easy. Sometimes it takes a few tries to get that perfect match (new business idea: a LinkedIn and Tinder hybrid!) and you have to make tough decisions on who you want on your team.
There are now over 600 million blogs globally; the U.S.A. alone accounts for 31 million of them, and together they publish over 2.5 billion posts a year (that’s 4800 per minute)!
Many things in businesses are reliant upon achieving the right balance. Sometimes this balance can be easy to achieve and other times it can be much more difficult to obtain. Sometimes it is a statutory requirement and other times it is more of a yin and yang thing that improves the business in many different ways. But all are important.
Recruitment remains a significant challenge for scaling a business. Like any other business skill, recruitment takes understanding and experience to get right, but the hiring process can be lengthy – anything from about 19 hours for design/creative roles to 30 for IT posts. Get it wrong and it all adds up to a colossal waste of time.
As the country slowly emerges from COVID restrictions, one of the lasting impacts of the pandemic is the mental health crisis it has left behind. For businesses to bounce back, employee wellbeing must become a commercial priority.
