The incubator at École Polytechnique has introduced its novel X-UP programme tailored for deeptech startups, emphasising support for responsible and innovative technologies aimed at a sustainable future.
Train tech company Seatfrog, food brand startup Sessions and event tech startup Venuescanner are among the employers introducing new financial wellbeing support to employees – helping them save hundreds of pounds each on their household bills.
Airnguru, specialising in pricing intelligence, fare management, and price automation for airlines, disclosed today that it has raised $1 million in pre-Series A funding.
Tim Levy, the founder and CEO of AI startup Twyn, has called on the UK Government to reevaluate its AI strategy, emphasising the need for a greater focus on the media, film, music, and entertainment sectors to establish the UK as a global AI pioneer.
Sooma Medical announced it had secured new growth funding of €5 million. The investment round was spearheaded by Voima Ventures, a Nordic early-stage investor focusing on science-based solutions. This funding signifies a significant milestone for Sooma, underscoring its commitment to enhancing global access to treatments for depression and offering effective care for individuals grappling with mental health issues.
Today, the Technology Secretary unveiled a campaign designed to bolster investment in scaleups, featuring podcast advertisements, billboards, and more, all showcasing science and technology scaleups to British investors. The ‘Science and Tech is our Superpower’ campaign is focused on ensuring that UK-based science and technology companies poised for expansion have access to the necessary funding from within the UK, aiming to stimulate long-term economic growth and job creation.
The UK government is investing £1.5 million in a marketing initiative designed to boost the nation’s science and technology sector, with the goal of increasing investment in UK-based technology enterprises.
Finboot has announced the successful initial closing of its latest funding round, aimed at fuelling the next stage of its growth strategy. This round, with a key focus on aiding companies in their transition to net-zero through technological solutions, was led by a strategic investor alongside Wealth Club.
UK-based Dexory is revolutionising the logistics industry with the launch of its groundbreaking AI-powered logistics engine, designed to enhance operational efficiency, optimise inventory management, and improve warehouse agility and responsiveness.
Nordic Science Investments (NSI), bridging academia and the private sector, seeks to assist researchers and universities in transforming inventions into prosperous enterprises. NSI extends beyond financial investment, offering strategic support, connections to global networks, and advice on team formation, helping early-stage spinout companies to commence their business activities.
Steadybit, a company working in the in chaos engineering space, has announced a successful $6 million Series A funding round, led by Paladin Capital Group. This represents a pivotal step in the company’s global expansion efforts.
The Aurora Tech Award 2024 concluded its recognition of women founders who are actively challenging gender inequality in the IT sector. The winners were honoured at an awards ceremony on International Women’s Day.
In celebration of Mother’s Day, we have delved into the innovative realm of startups that have not only captured the market’s attention but have also woven their tech-driven solutions into the hearts of mothers worldwide to make the hardest job in the world slightly less difficult.
International Women’s Day is celebrated in the month of March every year, and we have taken this as an opportunity to shine a spotlight on 10 inspirational female founders.
On the 6th March, the highly anticipated Spring Budget was unveiled. Chancellor Jeremy Hunt disclosed a series of initiatives that have been designed to support startups and SMEs, as well as providing support for technology adoption.
Nuke From Orbit, a UK-based fintech startup, has successfully raised £500,000 in a pre-seed funding round to launch its product. The company, which seeks to transform mobile security, has drawn attention from prominent investors for its novel method of safeguarding financial accounts and personally identifiable information (PII).
Wobble Genomics, a spin-out from the University of Edinburgh that is pioneering a novel RNA sequencing technique, has secured £8.5 million in funding to commercialise its breakthrough technology.
Solivus, a developer of innovative lightweight solar solutions, has secured a three-year contract to engineer, procure, construct, and install PV Solar Systems for bp and its clients, following an intensive and competitive bidding process.
The Enterprise Investment Scheme Association (EISA), the official body for the Enterprise Investment Scheme (EIS), has applauded the Chancellor’s decision to retract the January amendments to the definitions of High Net Worth and Sophisticated Investors in the Spring Budget 2024. This reversal is seen as a pivotal signal of support for entrepreneurs and early-stage investors.
SMEB, a banking and fintech company dedicated to supporting small business, has secured critical approvals and certifications ahead of its planned launch to help Britain’s small businesses and towns.
