Anna Wood

Anna Wood is the Editor of Startups Magazine. She joined the team in June 2023 as Deputy Editor, and has since been promoted to Editor of the publication. When it comes to the startup sector, Anna has a keen interest in spacetech, biotech, medtech, anything that flies, and shining a light on the gender and diversity funding gap. Outside of work hours, you can find Anna tucking into a book, a nice meal, and playing her Switch!

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Runna launches in 7 languages to localise platform to runners worldwide

Runna, the running coaching app, has launched the start of internationalisation on the platform. The app is now available in seven new languages, unlocking access to personalised running training plans for millions of new runners worldwide.

Skylark Lasers targets growth in China

Skylark Lasers, a diode-pumped solid-state (DPSS) laser specialist, has appointed international business development consultancy Intralink to accelerate its growth in China.

Funding in British AI companies hits record £2.9 billion

UK artificial intelligence (AI) companies attracted a record-breaking £2.9 billion in investment last year, solidifying Britain’s position as a global leader in cutting-edge technology.

Aonic acquires Prime Insights for more than $250 million

Aonic, a global group of tech and gaming companies, has acquired research technology firm Prime Insights for a total transaction value in excess of $250 million.

DeepL unveils autonomous AI agent, DeepL Agent

DeepL, the global AI product and research company most known for its AI-powered translation tools, has unveiled an autonomous AI agent for businesses.

How small businesses can use AI to grow smarter, not just faster

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.

Throxy raises $6.2M to crack outbound sales into traditional industries

Throxy, an outbound growth partner for companies selling into traditional industries, has announced a $6.2 million seed round led by Base10 Partners with participation from Y Combinator.

LineWise secures $1.1M pre-seed to end factory downtime and yield loss

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.

MEGA raises $2M to transform order-to-cash management with AI voice agents

MEGA, the AI voice agent platform purpose-built for order-to-cash (O2C) management, has announced a $2 million pre-seed funding round led by Spintop Ventures, a Nordic early-stage venture capital firm with 15 years of experience scaling software-based technology companies.

UK small firms retreat from global trade opportunities

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.

The majority of businesses admit to having no AI policy

More than half of businesses have no formal policy in place to govern the use of AI tools in the workplace, leaving them vulnerable to data risks, compliance issues, and uncertainty over accountability.

ArcaScience raises $7M to transform drug development with AI benefit-risk intelligence

ArcaScience, the AI healthtech startup setting a new standard for benefit-risk evaluation to make better, safer drugs, has announced a $7 million seed funding round led by The Moon Venture, with participation from Pléiade Venture, Plug&Play Ventures, Bpifrance, and AKKA Technologies.

IQM raises $320M in record European Series B

IQM Quantum Computers has raised a $320 million Series B funding round, marking the largest ever Series B fundraise in the quantum space outside of the US. This latest funding round boosts IQM’s funding total to $600 million.

$13 billion Series F pushes Anthropic to $183 billion valuation

Anthropic has completed a Series F funding round totalling $13 billion. This investment reflects Anthropic’s continued momentum and reinforces its position as one of the leading intelligence platforms for enterprises, developers, and power users.

Kerbo Charge acquires competitor Charge Gully

Kerbo Charge has acquired one of its competitors in the EV charging space, Charge Gully.

UK offers regulators £2.7M to trial AI and streamline business approvals

Technology Secretary Peter Kyle is set to announce a £2.7 million government fund to support UK regulators in piloting AI systems to keep Britain at pace in the global race for tech leadership.

Phasecraft raises $34M to bring quantum computing to the real-world

Phasecraft has announced it has raised a $34 million Series B funding round to accelerate its breakthrough work to transform quantum computing’s theoretical promise into practical applications.

Farming innovation boost from UK Government

Farmers and growers across the UK are set to benefit from £12.6 million in new funding, with two fresh competitions backing research and development of innovative agritech solutions that best cut costs, reduce seasonal labour, improve animal health, and tackle wider industry challenges.

WheelsOn raises $12.5M to disrupt car rentals in the UAE

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.

Ones to watch: medtech

In the May/June 2025 issue of Startups Magazine, we introduced four startups that we believe are the ones to watch in the medtech space.