In an era defined by economic uncertainty and rising operational costs, small and medium-sized enterprises (SMEs) are increasingly turning to artificial intelligence (AI) to drive efficiency and innovation. Business lending platform Funding Circle, which has supported over 110,000 UK SMEs, reveals how AI can help small businesses grow smarter, not just faster, in 2025 and beyond.
LineWise, the US-based AI-powered “virtual engineer” for manufacturers, has raised $1.1 million in pre-seed funding from A2D Ventures, Y Combinator, Exitfund, REMUS Capital, SBXi Fund, and Team Ignite Ventures. The funding will accelerate LineWise’s mission to eliminate two of the most expensive problems in manufacturing: unplanned downtime and yield loss caused by defects.
The UK government may be celebrating favourable tariffs with the USA and new trade deals with countries outside the EU, but the vast majority of UK small businesses are now focused on the domestic British market to secure growth over the next 12-months, according to new research from Novuna Business Finance.
WheelsOn, the UAE’s mobile-first car rental platform, has closed a $12.5 million funding round, including $2.2 million in equity from a group of MENA-focused private investors, including partners of Xploration Capital, $6.5 million for a fleet expansion round, and $4 million financing from local banks. This latest round brings WheelsOn’s total funding to $12.5 million, pushing its valuation to $30 million.















