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.
With AI adoption racing ahead, outdated systems are holding organisations back as technical debt is rapidly becoming one of the most expensive challenges facing enterprises today, costing them more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.
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).
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.
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.
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.
Virgin StartUp, the not-for-profit incubator for UK business founders, has opened applications for its fully-funded business accelerator, Empower 100, which is exclusively aimed at under-represented business owners based in Greater London.
The University of Oxford’s PINCH project joins EIT Health’s Deep Tech Venture Builder programme to transform pain management in young children.
CEOs are taking over our social feeds, with one in three (30%) building up such a following that they now see themselves as influencers. That’s according to new research from BT, which finds execs now see their social media presence as critical to their business strategy.
LovOn, a US-based AI-powered bonding platform for couples, raised $850,000 in pre-seed funding to launch the most human-like AI coach designed to help couples navigate their relationship challenges, from intimacy to domestic conflicts.
Women occupy less than two-fifths of executive leadership positions in the UK’s FTSE100 companies, with new data warning it will take 18 years to close the gender gap.
Photonic chip industry accelerator PhotonDelta has announced the winner of its global engineering contest. Perceptra was judged to be the submission with the best new application of photonic chips designed to tackle global challenges.
Inven, a Finnish technology company building an AI-native deal sourcing platform to uncover the full global private market, has announced the closing of a $12.75 million (€11.2 million) series A round.
GE Aerospace has completed its transformation from a sprawling conglomerate into a focused aviation company. The ge stock now represents a streamlined business centred exclusively on aircraft engines and propulsion systems.
Bloq.it, the smart locker company providing end-to-end services for out-of-home delivery and e-commerce businesses, has recently closed a €28 million Series B round.
Aberdeen, Coventry, and Liverpool have emerged as the UK’s fastest-growing entrepreneurial hubs outside London, as regional challengers put pressure on the capital’s dominance.
Comgy is a Berlin-based tech startup, founded in 2017, that is helping decarbonise the building sector by providing real-time energy consumption data to real estate firms.
