In the modern business world, startups and small businesses face unique challenges in managing their supply chains. The integration of advanced technologies such as Cloud-based inventory management, AI for demand forecasting, and Blockchain for transparency, is not just a luxury but a necessity for businesses to have rock-solid supply chains and allow them to thrive in the fast-paced ecosystem.
Cornwall often evokes images of eating ice cream on the sandy beaches whilst people surf in the sea. Famous for its Cornish pasties, cider, and its particular way of making cream tea, Cornwall has, for decades, been seen as a place for retirement or a nice staycation. But where most people have it wrong is believing the county is just this slow-paced area to relax.
Digital Catapult, the UK authority on advanced digital technology, welcomed eight new companies onto the ImmexCity programme to drive the adoption of immersive solutions across key sectors. The latest cohort aimed to further cultivate immersive entrepreneurship in the North East, with solutions ranging from heritage conservation projects to mental health empowerment initiatives.
Nory, the AI-powered operating system for hospitality businesses, secured $16 million in a Series A funding round led by Accel, bringing its total raised to $25 million, following a 400% revenue growth in 2023. Existing investors Cavalry, Playfair, Samaipata, and Triplepoint also participated in the round.
Evergrowth, an AI-powered B2B account-based sales platform, announced a merger with Apolo Mktng, which uses AI to deliver personalised marketing solutions.
Sustainability and ESG management and reporting platform FuturePlus has partnered with CorpCare, an ESG consultancy firm, to enhance its sustainability offerings in the Caribbean, a region acutely vulnerable to the impacts of climate change.
New research has revealed significant concerns about the future threat posed by AI and machine learning to privacy.
KARRI, a startup developing a smart walkie-talkie for children, has raised £775,000 in pre-seed funding.
Award-winning gynaecological health startup Daye expanded its at-home tampon-based screening kit to include HPV testing.
Ruth Guest is the Founder and CEO of Sersha, a platform that is delivering simplified social media training for pre-teens and their families. Recently, Guest was crowned the winner of the Square Root Solutions and Factory44 Start-App Competition, which offered early-stage startups and entrepreneurs the chance to win a €20,000 prize package to bring creative apps or website concepts to fruition.
Cellugy, a Danish industrial biotechnology startup, has raised €4.9M in seed funding to scale up production of its EcoFLEXY dry cellulose product to industrial volumes. The round was led by Germany’s ICIG Ventures and Denmark’s Unconventional Ventures, with new US-based investor Joyance Partners joining, along with existing investors PSV DeepTech, The Footprint Firm, and EIFO.
Research from Towergate Health & Protection into health and wellbeing support reveals that 83% of employers with overseas staff give their employees a cash lump sum for them to choose their own benefits – which, it warns, is rarely the best option.
Zoa, the AI-powered consumer energy management platform, announced today a leadership change with Sara Brooks and Tom Fraine appointed as co-CEOs. Previously, Sara served as Chief Revenue Officer and Tom as Chief Operating Officer, both contributing significantly to the company’s growth.
New data reveals that nearly three in ten (29%) small business owners in the UK have received financial backing from a family member, with three-quarters (74%) stating it was essential for setting up their business.
Zen Educate, an online marketplace connecting schools with top substitute teachers and teaching assistants, has closed a $37 million Series B funding round.
Life science startup Limula has announced it has raised £5.4 million to advance its solution for automating cell therapy manufacturing.
Artisan AI, a startup developing AI employees and software for enterprise companies, raised $7.3 million in a round led by Oliver Jung, an early investor in Airbnb, Rippling, and Revolut.
New data from the Venture Capital Trust Association (VCTA) showed that its members invested £505 million in early-stage companies across the UK during 2023.
Cell-based seafood maker Wanda Fish unveiled its first cultivated bluefin tuna toro sashimi. The creation of this prototype addressed the burgeoning demand for bluefin tuna via a pollution-free, quality-consistent, and sustainable supply of the highly sought fish.
Qomodo, the Internet of Things (IoT) cybersecurity company, announced it had raised a £1.3 million pre-seed funding round led by Expeditions Fund, with participation from Amadeus Capital Partners, Auriga Cyber Ventures, Nio Advisors, McNally Capital, Ventures Together, and previous investor Techstars.
