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.
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.
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.
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.
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.
New research reveals finance leaders are stepping out of the back office and into the boardroom, driving change across recruitment, sustainability, and digital transformation.
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.
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.
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.
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.
Gen Z employees are helping older, more senior colleagues get to grips with AI in the workplace, new research has revealed.
Wype, the UK’s fastest-growing bottom care brand, has closed an oversubscribed £1 million equity round to accelerate its mission of making the most overlooked part of the body the most cared for.
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).
The days of the strict suit-and-tie are waning in the UK workplace, as new data from hiring platform Indeed reveals a tenfold increase in job postings mentioning “casual dress” since before the pandemic.
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.
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.
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.
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.
