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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XPANCEO joins unicorn ranks with smart contact lens
XPANCEO joins unicorn ranks with smart contact lens

XPANCEO, a deeptech startup that is focused on redefining computing through smart contact lenses, has confirmed the close of its $250 million Series A funding round, pushing its valuation to $1.35 billion and marking its entry into unicorn territory.

Donut Lab continues momentum with €25M raise and global expansion

Helsinki-based e-mobility tech startup, Donut Lab, continues its remarkable journey with a busy and productive first half to 2025.

Cumulus Neuroscience closes £3.25M funding round

Belfast-based digital health technology company Cumulus Neuroscience has successfully closed a £3.25 million equity funding round that will be used to scale up its commercial operations.

Arago raises $26M to slash AI energy consumption with photonic chip

Arago, a Paris and Silicon Valley-based deeptech startup pioneering a new class of energy-efficient AI chips powered by light, has raised $26 million in seed funding to accelerate the commercialisation of its photonic processor, codenamed “JEF”.

LADbible co-founder Arian Kalantari launches Plus1 Assembly

LADbible Co-Founder Arian Kalantari is launching Plus1 Assembly, a global innovation agency designed for brands that want to lead culture, not follow it.

Biorce raises €5M from Norrsken VC to accelerate drug development with AI

Norrsken VC has invested €5 million in Barcelona-based healthtech startup Biorce, revolutionising clinical trials with AI to bring treatments to patients sooner. The funding comes just seven months after Biorce’s €3.5 million first round in November 2024, led by healthtech specialist YZR Capital and Mustard Seed Maze.

€700K secured for methane-reducing technologies on dairy farms

A fund of €700,000 has been secured to trial next-generation methane-reducing technologies on 10 additional dairy farms in West Cork, expanding the reach of Carbery’s Farm Zero C project – a research and demonstration initiative aiming to create a blueprint for an economically viable, sustainable dairy farming model.

Abound posts substantial revenue and profit growth

AI-powered lending technology platform Abound has more than doubled revenue in a year and delivered a twenty-five-fold increase in profit.

upLYFT secures £500K to launch AI-powered wearables

upLYFT, a startup in the smart technology sector, is excited to announce the successful completion of a £500,000 investment through the Deepbridge Capital UK Innovation Seed Fund, alongside TIME Interconnect (HK) Limited.

Purina launches fourth BetterwithPets Prize to fund pet-human bond initiatives

Applications are now open for Purina Europe’s BetterwithPets Prize (BWPP). Nestlé Purina Petcare Europe is calling for organisations and social entrepreneurs who help improve the health and wellbeing of people in vulnerable situations to apply for the prize.

Gen Z employees financially fragile and under-rewarded

New research from Boostworks, a provider of employee reward, recognition, and benefits solutions, has revealed that Generation Z workers are facing significant financial strain, and they are increasingly turning to their employers for practical support.

Housing Hand brings conversational AI to rental journey with VerbaFlo

UK rental services provider, Housing Hand, has partnered with tech startup VerbaFlo, the conversational AI platform for businesses, to unlock faster, smarter conversations with students and partners at every touchpoint.

The AI advantage gap: bosses benefit while workers miss out

New research from global employment platform, Employment Hero, has revealed the emergence of an “AI advantage gap” across UK small businesses, with senior leaders far more likely to use and benefit from AI than junior staff.

London dominates as UK tech raises $7.8Bn in first half of 2025

Tracxn has released its United Kingdom Tech H1 2025 Funding Report, offering a comprehensive overview of the country’s tech investment activity during the first half of the year. The United Kingdom emerged as the second-highest funded country globally in H1 2025, surpassing India and Germany, with the United States being the only country ahead in terms of total funding.

Entrepreneurs earn nearly 60% more than average UK salary

Startup founders in the UK are earning £21,000 a year more than the average worker, according to new insights from HSBC UK.

Dr. Krishna Dubba on patents, platforms, and product-led AI

Dr. Krishna Dubba is the Co-Founder and CTO of CoVent, an AI-powered marketplace designed to transform the way sponsorships are discovered and evaluated. He is a serial entrepreneur and deeptech innovator with over a decade of experience at the intersection of artificial intelligence (AI), machine learning (ML), and product development.

Skye and Kuva Space to enhance inland and coastal water quality monitoring

Finnish hyperspectral satellite and AI-powered insights company Kuva Space is launching a pilot with the Finnish Environment Institute (Syke) to test the use of hyperspectral satellite data and AI-driven insights in improving the monitoring and identification of algae blooms in Finland’s lakes and coastal waters.

Gen Z miles ahead on AI: employers risk falling behind without action

As artificial intelligence (AI) reshapes the workplace at unprecedented speed, new insights from Instant Offices suggest that Gen Z employees are already embracing AI tools far more fluently than many of their employers, highlighting a critical knowledge and leadership gap that UK businesses must urgently address.

Zango AI emerges from stealth, raises $4.8M to transform financial compliance

London-based Zango has raised $4.8 million in a round led by Nexus Venture Partners. Other participants in the round include South Park Commons, Richard Davies, CEO of Allica Bank, Alan Morgan, former head of Financial Services at McKinsey (EMEA), Mark Ransford, Notion Capital, No Label Ventures, and Start Ventures.

Out of sight, out of promotion: workers worry distance dulls career prospects

New research shows a growing wave of anxiety amongst office workers. As more firms order workers back to the office, more than a third (36%) of European workers worry that being ‘out of sight’ means that they are ‘out of mind’ when it comes to career progression or advancement opportunities, a figure which is even more pronounced in the UK (40%).