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.
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.
Erik Rask is the Founder and CEO of MedBeat, but before founding the startup, he was a medical doctor at the Children’s Heart Centre in Lund, Sweden.
Camera Intelligence, the startup building an AI-powered camera system for content creators and businesses, has closed its $2 million Seed funding round, which will accelerate the development of its integrated AI-native camera and content editing solutions.
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.
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.
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.
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.
Disposable tech is out. Bang & Olufsen and BREATHE Battery Technologies are leading the shift towards lasting intelligent design. Together, they are reimagining timeless technology – where performance meets beauty, and longevity and circularity are engineered from the outset.
ZERO, the B Corp Certified sustainable money app, has launched its second crowdfunding campaign via the Crowdcube platform following a landmark first six months of operations.
New research from HiBob, the company behind Bob, the HR platform transforming how organisations operate in the modern world of work, reveals how one resignation at a small or medium sized business (SMB) can destabilise an entire company.
New research reveals finance leaders are stepping out of the back office and into the boardroom, driving change across recruitment, sustainability, and digital transformation.
Q-CTRL has announced its selection for two awards under DARPA’s Robust Quantum Sensors (RoQS) programme. With this selection, DARPA has awarded Q-CTRL contracts valued at A$38 million ($24.4 million) to augment Q-CTRL’s field-validated quantum sensing technologies for demanding real-world use cases in high-performance military vehicles.
Hyundai CRADLE, Hyundai Motor Group’s global open innovation hub, is entering a partnership with UNCAGED Innovations, the biomaterials company, to create sustainable, animal-free leather for automotive interiors using grain byproducts.
Gen Z employees are helping older, more senior colleagues get to grips with AI in the workplace, new research has revealed.
After a period of unprecedented global trade disruption, pan-European data from global fintech, SumUp, has revealed that European businesses are facing increased costs due to supply chain disruption.
Glasgow-based medtech company Seluna is set to improve the diagnosis and management of childhood sleep disorders following the launch of a major clinical validation study with the Royal Hospital for Children in Glasgow.
Three quarters (75%) of SME leaders believe that the better they feel, the more successful their business is, according to findings from American Express’ latest Business Barometer survey.
New analysis from the global charity, Made By Dyslexia, shows that dyslexic entrepreneurs contribute a staggering £4.6 billion or more to UK GDP every year whilst supporting more than 60,000 jobs.
Farang, an AI research lab developing next-generation foundational Large Language Models, has announced it has raised €1.5 million in seed funding led by Voima Ventures and the Amadeus APEX Technology Fund, with notable entrepreneur angel investors including Tero Ojanpera (Co-founder, Silo AI), and Nilay Oza and Niraj Aswani (Former Founders, Klevu).
