Upfront Diagnostics, a healthcare company focused on discovering novel biomarkers that can be applied to medical diagnosis, has started the last phase of clinical evaluation of a point-of-care rapid blood test designed to rapidly identify when stroke is caused by a blood clot blocking a main blood vessel within the brain. This is known as large vessel occlusion (LVO).
multifi, a UK startup specialising in finance for small and medium-sized businesses, has secured a substantial capital injection of £10 million from Fasanara Capital, a $4 billion London-based asset manager and technology platform. This initial injection will support the growth of UK businesses that can access a credit facility of up to £200,000 with a fixed monthly access fee of 0.3% and an interest rate of 1.99% per month on used credit.
Finnish biotech startup Enifer has contributed to a new study on farmed salmon that was done in collaboration with the Norwegian University of Life Sciences (NMBU). The study utilised Enifer’s PEKILO®Aqua mycoprotein, and it was conducted by a group of researchers led by Professor Margareth Øverland.
LG NOVA, LG Electronics’ North American Innovation Centre, has launched the next version of its Mission for the Future programme designed to discover, build and grow highly impactful mission-driven new businesses in collaboration with startups and entrepreneurs.
Global startup accelerator, ZEBOX has opened the doors of its UK hub in Manchester as it continues its ambition to support and develop the sustainable innovations of tomorrow.
Almost 80% (77%) of leaders from European financial services expect Gen AI to have a significant impact on productivity and roles, according to the EY European Financial Services AI Survey. Yet, many firms still lack plans to train their workforce.
King’s College London, a British university, and Kvantify, a Danish quantum computing software company, are proud to unveil their strategic partnership. Together, they will explore novel methods to integrate classical and quantum computing tools in drug discovery for neurological conditions.
InterLnkd, the travel industry’s intelligent shopping mall partner, has announced it has raised £1 million in seed funding to accelerate its growth and international expansion.
This year’s edition of Tourism Innovation Summit (TIS) featured some fantastic traveltech startups on a mission to revolutionise the travel industry. The event finished up with the Touristech Startup Fest, where 40 startups pitched their businesses to a jury of industry leaders and investors. Of those, we have rounded up a highlight list to share these businesses with you.
Engine B, a next-generation AI-driven professional services technology company, has created its first scalable Copilot, using the latest tools from Microsoft and the Azure OpenAI Service.
A pioneering new semiconductor technology developed by scientists at the National Physical Laboratory (NPL) has been selected as one of the first twelve UK semiconductor innovations to receive support from ChipStart UK, a new incubator programme set up by Silicon Catalyst.UK and funded by the UK Government’s Department for Science, Innovation and Technology (DSIT).
Canva has launched a suite of new primary and secondary school education products as part of its Canva for Education platform, making it the first company to introduce AI-powered tools at scale.
Frame is an AI-enhanced collaboration software with a mission to provide a framework for focus. Project managers utilise Frame as a unified platform to streamline task assignments, centralise communication, and monitor project progress in real-time, ensuring teams stay synchronised and projects remain on track. Remote teams use Frame to stay connected and organised, simplifying collaboration across all their tools in one unified space.
Kota, formerly known as Yonder, the all-in-one platform to automate insurance and retirement benefits for modern teams, has successfully closed a €5 million Seed round led by EQT Ventures with follow-on investment from existing investors Northzone and Frontline Ventures.
A UK headquartered company supporting some of the biggest names in the commercial space sector and multiple national governments to communicate the benefits to be derived from accessing space has been recognised for its contribution to the space sector, as well as the rapid growth of its client base, during the annual Sir Arthur Clarke Awards.
Basket, the ecommerce start-up dubbed ‘the next UK unicorn’, announces £2.5 million in an oversubscribed seed funding round led by long-term backers, Lightbank ventures. The funding will be used to expand into global markets, develop in demand product features, grow retailer and publisher relationships, and launch a fresh brand and marketing strategy.
Aleph, an ecosystem of local digital experts and technology-driven solutions, launches its ‘One Brand’ initiative, uniting its unique range of brands under the Aleph name.
Don’t call it a takeover, AI’s been here for years. A new global study from HR, payroll, and workforce management software provider UKG reveals that many people use AI daily both at home and at work, and it’s already making millions of jobs easier — employees just don’t know it.
The “Ready, Steady, Grow!” event taking place in Oxford and hosted by the Enterprise Investment Scheme Association (EISA) will bring key professionals together to foster investment in fast growth businesses in the Oxford region.
The latest video chatbot technology is being utilised to help political parties build trust and engage a wider audience across digital platforms, with multi-language implementation improving the accessibility of information.
