Reflex Drive, a deeptech startup from India, has selected power devices from Infineon Technologies for its next-generation motor control solutions for unmanned aerial vehicles (UAVs).
New research commissioned by pan-European real estate investment manager Tristan Capital Partners has revealed that restaurants and cafes are the new workspace for London’s startups and entrepreneurs, with a significant proportion choosing to work and conduct their business in eateries rather than office space.
Finnish medtech startup AIATELLA has secured €2 million in funding to accelerate the development and scaling of its AI-powered cardiovascular imaging technology.
COMPUTEX is one of the leading tech shows across the world, and this year saw the 10th anniversary of its startup section, InnoVEX. According to the event, InnoVEX saw its scale grow 12.5% over last year, with 450 startups from 24 countries exhibiting at this year’s event.
British modelling and simulation software company Skyral has announced that it has raised $20 million in a Series A funding round led by European venture capital firm NOIA Capital.
As economic pressures and AI innovations motivate countries around the world to invest in skills development, the UK has ranked 22nd globally out of 109 countries in skills proficiency. This ranking places the UK ahead of the US (27th) and China (39th), and sees it climb from 45th position last year.
Over two-thirds (68%) of SME leaders believe their business is resilient and prepared to withstand challenges, with a similar proportion (69%) feeling confident in their ability to recover quickly from setbacks.
Monumo, the deeptech company coupling AI and machine learning (ML) with traditional engineering expertise to redesign the electric motor, has achieved an 11.4% reduction in the bill of materials (BOM) including a 23% reduction in magnet volume from an EV powertrain and without compromising efficiency.
Less than two-thirds (57%) of employers are ‘very confident’ that their pension scheme is compliant with automatic enrolment regulations, according to new research by Towergate Employee Benefits. This is leaving businesses open to the possibility of non-compliance notices and fines.
Artificial intelligence (AI) usage is on the rise, but with many using it for basic admin tasks and every day queries – a shocking half of Brits would use it for their legal decision-making.
With AI adoption racing ahead, outdated systems are holding organisations back as technical debt is rapidly becoming one of the most expensive challenges facing enterprises today, costing them more than just money.
Treefera, the AI-enabled data fabric for supply chain resilience, has announced that it has raised $30 million in Series B funding to drive product development and expansion across North America, APAC, and Europe.
Financial services provider Mollie has announced its financial results for 2024. In a year when the European fintech sector faced growing pressure on margins and growth, Mollie delivered strong financial performance. Gross profit rose by 30% to €115 million. Revenue also saw a significant increase of 28%, reaching a total of €214 million.
An innovative AI-driven shopping platform founded by a former Dragons’ Den contestant is aiming to raise £2 million through Crowdcube.
A growing number of UK small and medium-sized businesses (SMBs) are taking cybersecurity more seriously, with over half increasing their cyber defences in 2024, according to new research from Bionic.
deepdots, the end-to-end AI platform for streamlining customer feedback analysis, has raised a €5.5 million seed funding round led by Dawn Capital, one of Europe’s specialist B2B software investor, with participation from Maki.vc and angel investors including Geeta Schmidt (former CEO and Co-Founder of Humio).
In an industry that is driven by innovation, resilience, and determination, recognition matters. Recognising your accomplishments is key to maintaining drive, and allows for a moment of reflection for all you have achieved so far.
Spanish startup Dedge Security has raised a €4 million seed funding round, led by venture firm Tritemius, to strengthen its position as a leading security platform for developers and companies building on Web3.
Nearly half of business leaders have seen an increase in employee turnover after delaying pay rises for professionals and white-collar workers, according to new research from global talent solutions business Robert Walters.
Startups today face more complexity and competition than ever before. Having a great idea is no longer enough. Success depends on how quickly founders can build the right support around them – whether that’s forging strong connections, accessing funding and mentorship, gaining access to the right talent at the right time, having flexibility, or becoming part of a strong community.
