Forterro, a European provider of ERP software solutions tailored for the industrial mid-market, has expanded its portfolio by acquiring Prodaso, an innovative German startup focused on bridging the gap between Internet of Things (IoT) and AI applications for manufacturing processes.
Spike, a B2B data technology and AI startup, has successfully closed an oversubscribed $3.5 million seed funding round co-led by Practica Capital and TheVentureCity, with participation from Silicon Valley, New York, and Berlin-based investors including CEAS Investments, Plug & Play Ventures, Geek Ventures, and Axel Springer Porsche (APX).
Octopus Energy is expanding its global influence with new investors Galvanize Climate Solutions (“Galvanize”) and Lightrock joining its investor base.
A study by IBM reveals that over a third (37%) of business leaders in the UK recognise the growing significance of promoting women into decision-making roles as artificial intelligence becomes more prevalent.
Applications to exhibit at Eureka Park at CES 2025 are now open, offering startups a prime opportunity to showcase their innovations on a global stage.
Ittybit, a developer tools company, has announced the successful closure of a £1.5 million oversubscribed funding round, led by Mercuri and Sure Valley Ventures. This investment will enable Ittybit to further its mission of making AI-led media pipelines accessible to developers worldwide.
Kneron, the San Diego-based full-stack AI company known for its neural processing units (NPUs), has released its latest Edge AI server and an AI-embedded PC.
NEC X, the Silicon Valley innovation accelerator backed by NEC’s portfolio of advanced technologies, is once again accepting applications for Elev X! Ignite, its venture studio programme that transforms early-stage founders into seed-ready startups.
Sofant Technologies, the Edinburgh-based wireless technology business, has successfully raised £3.4 million in additional funding. The funding, from EMV Capital, Scottish Enterprise, and Kelvin Capital, will be used to complete the development of Sofant’s core technology and support the production and shipment of beta versions of its satellite antenna to lead customers.
emerchantpay, global payment service provider and acquirer, has announced a strategic partnership with TrueLayer, a prominent European open banking payments network. This collaboration enables emerchantpay to offer bank transfer payments as an online checkout option for merchants across the UK and Europe.
ESG_VC, an industry initiative enabling startups and their investors to improve ESG performance, has published an analysis of ESG data collected from 587 startups backed by leading venture capital firms including Atomico, Molten, Beringea, Oxford Science Enterprises, and Astanor.
Employers are ramping up health and wellbeing support for their employees, according to the latest research from Towergate Health & Protection. Nearly three-quarters (74%) of employers say they now offer more support than they did two years ago, with 42% offering “much more” support. This positive move can help alleviate many problems faced by employees.
Storyblok, the modern content management system (CMS) for all teams, has announced the close of its $80 million Series C financing, bringing the total amount raised to $138 million. Brighton Park Capital led the round, with participation from existing investors HV Capital, Mubadala Capital, 3VC, and firstminute capital.
InnoVEX 2024 is being held from June 4th to 7th 2024 in Taipei Nangang Exhibition Center (TaiNEX) Hall 2. One of the organisers of the event, Taipei Computer Association (TCA) stated that InnoVEX 2024 will focus on AI, Green Tech, Semiconductor Applications, and Smart Mobility; reflecting the current ongoing trends in the tech industry.
Businesses are looking forward to growth in the coming months, as activity across the private sector showed its strongest performance in nearly two years.
Digital Catapult has announced that a new cohort of companies will join Digital Security by Design’s (DSbD) Technology Access Programme (TAP) to trial necessary new cyber security solutions.
A recent survey from technology consultancy esynergy indicates that an increasing number of enterprise organisations are turning to FinOps as an approach to significantly optimise cloud spending during times of cost and climate concerns.
Dutch startup Neople, a software solution that creates AI co-workers for e-commerce customer support teams, raised a €6 million investment round led by Newion and Simon Capital.
Microalgae protein company Brevel has inaugurated its first commercial plant, a massive 27,000-square-foot facility poised to churn out hundreds of tons of protein powder annually.
