Northern Gritstone has announced a combined £4 million seed round investment into the optical sensor startup PhovIR. Northern Gritstone is co-leading the investment alongside deeptech specialist SCVC, in what was an oversubscribed round.
King’s Entrepreneurship Lab (King’s E-Lab) and Founders at the University of Cambridge have revealed the 24 startups that will join King’s College’s first-ever incubator programme designed to turn research-backed ideas from University of Cambridge students and alumni into investable companies.
Midas, a Turkish investment platform, has raised $80 million in its Series B funding round, the largest investment ever secured by a Turkish fintech company. This brings Midas’ total funding to date to more than $140 million.
As AI accelerates the creation of new software, fixing live systems has remained stubbornly manual. Phoebe’s AI agents continuously monitor and react to live system data, diagnosing emerging issues and generating code and infrastructure changes to resolve them. The company has announced $17 million in seed funding led by GV and Cherry Ventures and the public launch of their platform, which is already live with engineering teams from early access customers such as Trainline and PPRO.
The health and wellness space is undergoing a huge transformation. Scrolling through Instagram and TikTok yields a whole host of advertisements from influencers flogging the latest supplement that promises a variety of miracles.
Maven Capital Partners has invested £2.6 million in PowerPhotonic, a provider of precision optics for high-power laser systems.
Medtech is an exciting industry, with constant innovation that will genuinely change the lives of humans as we know it as we will see in the this issue of the magazine, startups are at the forefront of changing the medical landscape. From surgical robots, advancements in diagnosis, and the creation of semiconductors for neural implants, advanced technologies are overhauling traditional healthcare.
Qunova Computing, a developer of software applications designed with the goal of bringing quantum advantage to the chemical, pharmaceutical, and industrial engineering sectors, has raised a $10 million Series A funding round.
The USA is a hub of startup activity, and according to Startup Genome’s Global Startup Ecosystem Ranking (2020-2024), nine out of the top 20 startup ecosystems globally can be found in the USA, and Boston ranks sixth worldwide.
Four in five (81%) UK CISOs believe DeepSeek – the China-based AI chatbot raising global security concerns due to its data handling practices and vulnerability to misuse – must be urgently regulated by the UK Government before it sparks a full-scale national cyber crisis, according to Absolute Security’s UK Resilience Risk Index Report.
The Norrsken Foundation has announced that Norrsken Evolve has completed an oversubscribed first close of a €57 million fund. The fund will be spearheaded by three General Partners: Johan Attby, Alex Bakir, and Rebecka Löthman Rydå.
Innerworks, innovators of Synthetic Threat Intelligence, has announced the completion of a $4 million seed funding round to scale their platform approach to delivering the world’s most effective immune system for the internet, led by AlbionVC.
Geospatial AI startup, EvaluateLocate, has completed a £300,000 seed investment round at a valuation of £2.75 million. The company is also simultaneously bringing to market its subscription app for the UK, the first territory in a planned global roll-out.
Efficiency vs effectivity is a distinction every founder should understand early on. When building a startup, it’s tempting to measure success by how quickly things get done or how many tasks are completed in a day. Yet speed and activity are not the same as progress.
A new type of technology is being trialled on the Tonbridge to Hastings railway line to help keep trains running in hotter weather, and more reliable journeys for passengers and freight customers.
New research by Ipsos and American Express Global Business Travel explores the key strategies of high-performing small and medium-sized enterprises (SMEs), offering insights into the characteristics that differentiate the strongest-growing companies.
Xero has published new independent research revealing UK small businesses are missing out on the benefits of celebrating key achievements. The research showed that milestones often go unrecognised with only 43% of small businesses believing that it’s important to acknowledge wins, while two fifths (40%) admit they never celebrate, citing they’d never thought about doing so (64%).
Better Medicine, a startup developing AI-powered diagnostic tools for radiology, has raised €1 million in a pre-seed funding round led by Soulmates Ventures, with participation from Specialist VC, UT Ventures, and several angel investors.
AI startup Perplexity has made an unsolicited all-cash takeover offer of Google’s Chrome internet browser for $34.5 billion.
A Danish medtech startup behind a technology that accurately measures cardiorespiratory fitness (CRF) has just closed a €1.7 million funding round following expansion into several European markets.
