Myth AI – the tech startup behind an AI-driven pattern design tool, has successfully secured funding of $1.3 million. This funding is earmarked to bolster its UK operations and to explore new market opportunities.
Ozgun Avincsal, a University of Salford student, has been awarded the title of Most Successful Female Entrepreneur UK in her native Türkiye.
The European Union has announced a new landmark EU AI Act, outlining rules and guidelines around the trustworthy use of artificial intelligence, including how to regulate AI systems such as ChatGPT.
Thredd, an expanding global payments platform, has announced its partnership with Paytron, a comprehensive workflow and spend management platform, as their chosen global issuer processing technology provider.
Following the initial week of COP28, PepsiCo, SABIC, AstroLabs, and their strategic partners unveiled the Mega Green Accelerator. This new initiative is designed to support emerging innovators in the region as they tackle both regional and global sustainability challenges.
Housr, the startup focusing on student accommodation, recently announced the launch of a £5 million funding round aimed at expanding its operations in the UK and USA.
The Office of National Statistics recently released a report indicating a notable shift in the way businesses approach work concepts. As of late November 2023, 18% of businesses are either implementing or planning to implement increased homeworking as a permanent business model.
The Midas List is the annual ranking by Forbes magazine, in partnership with TrueBridge Capital Partners, of the most influential and best-performing venture capital investors. The Midas List is compiled based on criteria that encompass the market capitalisation at IPO debut and the insights from a panel of expert evaluators.
In July this year, Elon Musk, the billionaire entrepreneur, Tesla CEO, SpaceX CEO, and Owner of X, launched his brand new AI startup, xAI.
Extraordinary women from across the country were unveiled as the 2023 finalists in the everywoman Entrepreneur Awards, UK’s longest-running recognition programme for female entrepreneurs. One of these amazing women was Simi Lindgren, Founder of Yuty, who was a finalist in the Tech Innovator category.
Liberis, a player in embedded business finance solutions, recently announced that it has secured $112 million in debt financing, a move aimed at enhancing its growth in North America and Europe and venturing into new markets such as Canada and Germany. This funding, a joint venture between HSBC Innovation Banking and BCI Capital, signifies a major step in the company’s expansion efforts.
The year 2023 has been marked by unparalleled challenges impacting numerous industries, including IT, Technology, and Telecoms. The cost-of-living crisis has remained a significant concern. Within this context, businesses in these sectors have realised the critical importance of marketing in offering reassurance and fostering trust with customers, clients, and suppliers.
“Tech Zity Vilnius”, poised to become the largest hub for technology and creative industries in Europe, has announced its inaugural tenants.
UniTaskr, a digital platform for student and graduate freelancers, recently announced a substantial seven-figure investment, marking a significant milestone in its growth trajectory.
Businesses are making positive strides towards overcoming the historical lack of diversity within the tech workforce, as data suggests that more than half (52%) set diversity targets (up from 46% last year).
Research from the Venture Capital Trust Association (VCTA) reveals how successful VCT companies have been in identifying the next generation of ambitious British businesses. Polling from 119 fast-growing, VCT-backed firms demonstrated that 90% of firms surveyed are looking to expand overseas.
Businesses in the North of Tyne area, Gateshead, and Sunderland with ambitions to grow can apply to a brand-new funding scheme, the Business Growth Fund which aims to support businesses on their unique journeys to success.
UK university spinouts have received another boost as Science Creates seals a £8.5 million deal to open its third state-of-the-art deep tech incubator in Bristol.
BugBiome has been announced as the winner of the Discovery Spark life science business support programme at the GIANT Health Healthcare Investment Show on 5th December.
One year on from the launch of Chat GPT, new data from Slack based on 10,000 global workers (including 1,000 the UK) reveals that UK companies believe there is greater urgency to adopt Generative AI at work than US companies – yet uptake remains cautious in both markets.
