In the West Midlands, the startup ecosystem is getting a boost from an unlikely source: local pension funds and the combined authority. Involved from the start of this innovative approach is Rupert Lyle, Principal of the West Midlands Co-Investment Fund. This pioneering fund, launched two years ago, is changing how regional businesses get financed, offering a blueprint for how pension capital can fuel homegrown innovation.
The UK Government has announced fourteen flagship projects funded under its new Regional Tech Booster programme, aimed at stimulating tech ecosystems and creating job opportunities across Scotland, Wales, Northern Ireland, and in all English regions. The £1 million initiative will support businesses, founders, and communities through training, mentoring, networking, and scaling support, designed to spread tech-led growth beyond London and the South East.
Beyond Aero has reached Technology Readiness Level 6 (TRL6) for its hydrogen-electric powered aircraft. This achievement is validated by a full-scale propulsion system test campaign in a representative environment, a critical milestone moving Beyond Aero from laboratory promise to real-industrial viability.
Clarifeye, the platform enabling organisations to build expert AI agents at scale, has announced that it has raised a €4 million pre-seed round led by EQT Ventures. The round also includes participation from Drysdale Ventures, Olivier Pomel (CEO and founder Datadog), Jean-Luc Robert (ex-CEO Kyriba), Alexandre Berriche (Fleet), and other prominent angel investors.
For many startups, “going global” used to be an aspiration saved for later stages of growth. But today, ambitious young companies are thinking differently. They’re building globally distributed teams from the outset, treating international hiring not as an expansion strategy, but as a foundation for growth.
enaDyne, a startup specialising in fully-electric, non-thermal plasma catalysis technology for sustainable chemical production, has raised €7 million in seed funding. The round was co-led by Amadeus APEX Technology Fund (a collaboration between Amadeus Capital Partners and APEX Ventures) and Energy Capital Ventures, with participation from Antares Ventures, Possible Ventures, and returning business angels Wolfram Drescher, Andreas Werne, and Sven Sieber.
A new, outcomes-focused initiative will support 150 startups led by entrepreneurs from traditionally overlooked groups across the UK to raise investment and scale. Launched by a consortium of award-winning organisations, the programme replaces fragmented efforts with a joined-up national solution designed to deliver real funding outcomes.
electronRx, a digital medicine and biomarker company driving healthcare through pulmonary innovation, has announced that it will launch pDx. The pDx app offers chronic respiratory disease (CRD) patients a cardiopulmonary assessment device, engineered to medical grade standards, to measure lung function at home using a mobile phone, laptop, or tablet.
Humanoid Global, a publicly traded investment issuer focused on building and accelerating a portfolio of pioneering companies in the humanoid robotics and embodied AI sector, is pleased to announce that it has closed its indirect strategic investment in Agility Robotics via a single-asset special purpose vehicle.
Omnea, an AI-native procurement intake and orchestration platform, has raised a $50 million Series B funding round to accelerate its shift to a new era of AI-powered supplier relationship management. The round was led by Insight Partners and Khosla Ventures, with participation from Accel, Point Nine, First Round Capital, and Prosus, bringing total funding to over $75 million.
Dr Florence Concepcion, Senior Quantum Engineer at Aquark Technologies has been awarded Innovate UK funding as part of the Future Leader Fellowship. The four-year fellowship will provide £1.9 million to support Dr Concepcion’s £2.7 million project to advance research in the miniaturisation and scalability of vacuum systems for scalable quantum technologies.








