London continues to rank as one of the world’s leading places to setup and grow a tech startup, according to a comprehensive new report from Startup Genome, rating global startup ecosystems. Launched at London Tech Week, the 2022 Global Startup Ecosystem Report, placed London as the world’s number two startup hub alongside New York, and second only to Silicon Valley.
Due to the pandemic and the cost-of-living crisis, side hustle and startup businesses are becoming increasingly popular in the UK. In fact, according to a recent report by digital marketplace Airtasker, 46% of British people are using side hustle businesses to generate a second income to fund their lifestyles. According to the Business Statistics Bulletin, there were 810,316 new businesses launched last year, making it a 21.8% increase from 2019.
Since the pandemic the workplace has shifted from just a binary space with shiny laptops, desks and meeting rooms to a metaphysical area with its own philosophy. Attention is now turning to the workspace of the future – what will new employees want and need from their company? Let’s dive into the future of offices with the Head of Marketing AdChampagne – Andrew Bobrow.
Social media influencers can and regularly do help startups reach new audiences. It’s (mostly) a legitimate form of marketing, with some important caveats relating to disclosure and conflicts of interest. And some influencers get very well paid for doing it. In most cases, they charge a fair fee for introducing startups, new brands and products to new audiences.
It is no secret that during the midst of the covid pandemic, thousands of people decided to start their own business. The under 25’s boomed with innovation during lockdown, and a new study has shown that e-commerce, freight and real estate were the top sectors for the start-up businesses in under 25’s.
Trustly, the leading global payments platform for digital Account-to-Account transactions (A2A) today announces the acquisition of the UK-based Open Banking Payments platform Ecospend. Ecospend’s strong UK A2A product and full bank connectivity will complement and enable Trustly to deliver a market-leading product in the UK, and further accelerate its UK roll-out – one of Europe’s most rapidly growing A2A regions and a core growth market for Trustly.
Crowd Data Systems (CDS), a B2B SaaS platform providing data-driven decision support to corporate treasury, has secured an €1m seed round led by Triple Point Ventures, alongside Portfolio Ventures and a number of angel investors. This investment will enable the business to build out sales, marketing and customer success in order to meet its next phase of growth.
As the years go by, technology continues to advance at a steady pace. From initial trials of self-driving vehicles to sophisticated mobile phones with endless features, we are living in an increasingly futuristic world. On one side, the constant growth in innovation may excite the younger generations, who are used to handling digital devices from an early age. On the other, the older population may feel somewhat intimidated by the continuous rollout of new technologies.
Salience Labs has raised a seed round of $11.5m to develop an ultra high-speed multi-chip processor combining photonics and electronics to accelerate exponential advances in AI. The round was led by Cambridge Innovation Capital and Oxford Science Enterprises, with Oxford Investment Consultants, former CEO of Dialog Semiconductor Jalal Bagherli, ex-Temasek Board Member Yew Lin Goh and Arm-backed Deeptech Labs participating.










