New research from Xero, the global small business platform, has revealed that UK small business owners are concerned that AI development is outpacing regulation and a third (32%) want more training and resources to support AI adoption, as generative AI tools permeate various industries and the workforce.
ChartMogul, the Subscription Analytics Platform for growing Software as a Service (SaaS) businesses, reveals that top-tier SaaS startups reach $1 million Annual Run Rate (ARR) almost two years faster than the median SaaS enterprise.
Swedish startup Adsorbi AB has secured €360,000 in seed funding from Metsä Spring, Chalmers Ventures, and Jovitech Invest for its cellulose-based air purification material that can be used in air filters and odour removal products.
Paige, an AI startup, has announced the beta launch of its AI Assistant for website editing. This is a tool designed to change the approach to the web development process.
Videobot, a Finnish SaaS startup, has successfully raised €2 million in seed funding from Finland’s Superhero Capital, Luxembourg’s Expon Capital Digital Tech Fund, and angel investors, Sweden’s Urban Gillstrom and Finland’s Ari Korhonen.
OpenAI has launched ChatGPT Enterprise, which they claim offers enterprise-grade security and privacy, unlimited higher-speed GPT-4 access, longer context windows for processing longer inputs, advanced data analysis capabilities, customisation options, and much more.
NexGen Cloud, the sustainable Infrastructure-as-a-Service provider, has launched Hyperstack, an NVIDIA GPU-accelerated cloud platform that enables direct-to-compute, GPU-accelerated cloud access for the European market.
A Wolverhampton-based business duo has announced the launch of an interactive programme for aspiring businesspeople across the West Midlands.
Every year over 340 million workers suffer a workplace injury: slips and falls, strains and sprains, vehicle collisions and crashes. Voxel, an AI startup using computer vision to transform safety and operations in the workplace, has announced a $12 million strategic funding round to improve workplace safety and save lives.
MM, a dating app that merges tech with real life experiences has raised £600,000 in seed funding.
Sustainability management and ESG reporting platform FuturePlus has been appointed by multi award-winning UK hotel and spa company, Barons Eden Group, to help it track, measure and improve its sustainability performance.
Small and medium-sized enterprises (SMEs) are finding it increasingly hard to access funding from high street banks, new data from fintech firm iwoca reveals.
Gresham House Ventures, a growth equity investor specialising in software and digitally driven businesses, has completed a £5 million investment into Branchspace, a technology consultancy and software provider working with airlines to enhance and transform their digital retailing capabilities.
Tech scaleup support programme, Exchange has welcomed a bank of new additions to its mentor and advisory network including three successful alumni entrepreneurs, as it onboards its sixth cohort of early-stage businesses.
Canva, the all-in-one visual communication platform celebrates the 10-year anniversary of Co-Founders Melanie Perkins, Cliff Obrecht and Cameron Adams launching Canva with the ambitious mission to empower the world to design.
Lithuania needs to harness “the enormous power” of international investment to boost its economic opportunities in an increasingly globalised world, says serial global investor Nigel Green.
The business experts at Forbes Advisor have conducted an analysis of the most recent UK business demography statistics report from the Office for National Statistics.
Navian, the 2023 Nordic PropTech Awards winner, has announced a strategic partnership with Address, an impact-focused Norwegian real estate company revolutionising homeownership access through their unique Rent-to-Own programme.
The Venture Capital Trust Association (VCTA) has published new data gathered from over 600 early-stage companies that have benefited from VCT funding, which shows that deployment of capital into early-stage startups grew 8% year-on-year to £664 million, proving resilient in context of wider UK venture capital funding, which fell by almost a quarter (23%) in 2022.
Ineffective diversity, equity, and inclusion (DEI) strategies are risking businesses’ ability to retain diverse tech employees, with 64% of UK businesses reporting that they have lost employees from diverse backgrounds.
