Anna Wood

Anna Wood is the Editor of Startups Magazine. She joined the team in June 2023 as Deputy Editor, and has since been promoted to Editor of the publication. When it comes to the startup sector, Anna has a keen interest in spacetech, biotech, medtech, anything that flies, and shining a light on the gender and diversity funding gap. Outside of work hours, you can find Anna tucking into a book, a nice meal, and playing her Switch!

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Maven invests in advanced laser systems innovator PowerPhotonic

Maven Capital Partners has invested £2.6 million in PowerPhotonic, a provider of precision optics for high-power laser systems.

Where are they now? – Bioniq

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.

Industry overview: medtech

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 closes $10 million Series A funding round

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.

Startup hotspot: Boston

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.

Efficiency vs effectivity: what startups need to know

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.

Norrsken Evolve secures €57M first close for impact fund

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 secures $4M seed to combat AI-driven financial fraud

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.

EvaluateLocate closes $300K seed round and launches UK app

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.

CISOs call for DeepSeek to be regulated by UK Government

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.

South Eastern Railway deploys IsoMat tech to keep trains running in hot weather

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.

Two in five UK small businesses don’t celebrate their own successes

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%).

Strategies of the top-performing SMEs

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.

Better Medicine raises €6M, expands AI model for kidney cancer detection

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.

VentriJect raises €1.7M for cardiorespiratory fitness expands

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.

Oxford Ionics delivers quantum computer to UK National Quantum Computing Centre

Oxford Ionics has announced that it has delivered and installed a full-stack quantum computer, called Quartet, to the UK’s National Quantum Computing Centre (NQCC).

Daye launches pain-free at-home hormone testing

In response to growing interest in hormonal health, female health platform Daye has announced the launch of its comprehensive at-home hormone testing service. The service features an innovative, pain-free blood collection method, designed to make the process of testing much simpler and more intuitive.

Cocreatd launches NineSixteen Studios to transform tech content

NineSixteen Studios is the latest venture launched from cocreatd. Founded with Ben Kaluza, one of the UK’s leading tech content creators (900k followers), and serial entrepreneur Jono Fereday, NineSixteen Studios helps tech companies produce premium creator content that people actually want to watch.

Perplexity bids more than its worth to acquire Google Chrome

AI startup Perplexity has made an unsolicited all-cash takeover offer of Google’s Chrome internet browser for $34.5 billion.

Wave Photonics launches PDK Management Platform

Wave Photonics has announced the launch of its PDK Management Platform to integrate foundry PDKs with EDA tools, provide ready-calculated S-Parameters for circuit simulation, and provide easy access for designers.