Startups
In the heart of Eastern Europe, a technological revolution is underway that is reshaping industries, redefining innovation, and garnering global attention. Ukraine has emerged as a hotspot for tech startups that are making waves in the global tech ecosystem. From climate tech solutions to medtech products changing lives, Ukraine’s tech scene is a testament to the nation’s resilience, talent, and entrepreneurial spirit.
The Monell Chemical Senses Centre and startup Osmo are investigating how airborne chemicals connect to odour perception in the brain.
Videobot, a Finnish SaaS startup, has successfully raised €2 million in seed funding from Finland’s Superhero Capital, Luxembourg’s Expon Capital Digital Tech Fund, and angel investors, Sweden’s Urban Gillstrom and Finland’s Ari Korhonen.
CELUS is a startup aiming to simplify and accelerate the electronics design process for the global engineering community by enabling smart electronics engineering. Utilising its deep tech software, CELUS aims to innovate the electronic design process into the modern era. To learn more, we spoke to Co-founder and CEO of CELUS, Tobias Pohl.
OpenAI has launched ChatGPT Enterprise, which they claim offers enterprise-grade security and privacy, unlimited higher-speed GPT-4 access, longer context windows for processing longer inputs, advanced data analysis capabilities, customisation options, and much more.
MM, a dating app that merges tech with real life experiences has raised £600,000 in seed funding.
On the 27th of July, Atula Technologies was announced as one of the finalists in the Digital Innovation Awards category. This event is organised by the Buckinghamshire Business First (BBF) across several categories every year, as a tribute to recognise businesses that take extraordinary strides to make difference.
Gresham House Ventures, a growth equity investor specialising in software and digitally driven businesses, has completed a £5 million investment into Branchspace, a technology consultancy and software provider working with airlines to enhance and transform their digital retailing capabilities.
Sanctuary AI, a company on a mission to create the world’s-first human-like intelligence in general-purpose robots, announced a major step forward with the unveiling of its sixth-generation general-purpose robot named Phoenix.
A green tech startup has developed a process to recycle end-of-life body armour fibres, which could retain high-quality protection for soldiers, reduce emissions and save money.
Swedish startup Adsorbi AB has secured €360,000 in seed funding from Metsä Spring, Chalmers Ventures, and Jovitech Invest for its cellulose-based air purification material that can be used in air filters and odour removal products.
Sourcing talent has been challenging recently but hiring the correct talent has been painful for a lot longer.
In an era of unparalleled technological advancement, the intersection of medicine and technology has given rise to a new wave of innovation in the healthcare industry. Medtech startups, with groundbreaking ideas and cutting-edge solutions, are leading the charge in transforming patient care, diagnosis, treatment, and overall healthcare experiences.
UK-based startup Borderless has announced £2.5 million in seed funding in a round led by Backed VC with participation from Tiny VC and prominent angel investors including Charlie Songhurst and Chris Mairs.
Robotics startup, Karakuri, that had previously attracted millions in investment from Ocado and had reached a funding high of £13 million, has been sold for just £350,000.
SOLASTA Bio, a UK agritech specialising in the next generation of green insecticides, has appointed industry veteran Paula Pinto as Chief Strategy Officer to head up its US operations that will be based in North Carolina.
Phasecraft, a startup led by top academics developing quantum algorithms, has raised a £13 million Series A funding round led by Silicon Valley deeptech VC, Playground Global. AlbionVC also joined the round along with participation from existing investors Episode1, Parkwalk Advisors, LCIF, and UCL Technology Fund.
The unification of food and technology has given rise to an array of innovative startups. These businesses are reshaping the way we produce, distribute, experience, and even think about the food that we eat.
Ukrainian-Portuguese startup HotBall aims to reduce inequality and make entrepreneurial knowledge more affordable by launching an AI consultant that helps create a comprehensive business plan in minutes. The team believes that students, aspiring founders, and small businesses will benefit from this tool.
BlackDice, an emerging player in cybersecurity, is leveraging artificial intelligence (AI) to combat evolving cyber threats. The firm, headquartered in Leeds (UK), has recently expanded to Malaga (Spain), and is poised to reshape the cybersecurity scene with its innovative solutions.
