Austrian synthetic data startup MOSTLY AI has announced the release of the world’s first industry-grade open source toolkit for producing synthetic data from real customer data. The open source toolkit is freely available now.
VTT Technical Research Centre of Finland and partners have launched a three-year project with Oulu Port aimed at enhancing secure situational awareness in critical cyber-physical systems.
London based firm, High-Velocity Startups which was established in 2012, through its STRIVE Acceleration Fund has awarded the founder of Jim, Isham Broer, a University of Exeter student, with a £2,000 grant and accelerator support, for his startup business.
New research from Oxford Economics predicts that quantum computing could give the UK an economy-wide productivity boost of up to 7% by 2045 – equivalent to every worker achieving an additional three weeks’ worth of productivity per year without working an extra hour.
Meatly, a UK cultivated meat firm, has become the first company in the world to supply cultivated meat for pet food on sale. Produced in collaboration with plant-based dog food brand THE PACK, a limited-release of “Chick Bites” is on sale at Pets at Home Brentford, London from Friday 7th February.
MacroCycle Technologies – the startup using upcycling tech to cut the costs, energy, and carbon demands of the $700 billion plastic waste industry – has announced it has raised $6.5 million in seed funding.
Northcote Equity, a newly established private equity firm, has announced the first and final close of its maiden fund, ‘Northcote Fund I’, at its hard cap of £160 million, only 16 weeks after launching the fundraise.
Sellectronics, a manufacturing company based in Cornwall, has been crowned SME of the Year at the National Manufacturing Awards, in a ceremony held aboard the iconic Dixie Queen paddle steamer on the River Thames.
‘Beyond the Balance Sheet’, a new report from private and commercial bank, Arbuthnot Latham, reveals that over 40% of UK entrepreneurs exit to prioritise wellbeing and family. Current market conditions also play a large role, with 65% selling up sooner than they had wanted due to the fear of tax rises. One in five entrepreneurs said they received offers they “couldn’t refuse”, often resulting in hasty decisions and heightened uncertainty.
TAU Systems, the producer of ultrafast, compact laser-plasma accelerators, has announced its participation in a DARPA-funded initiative to develop new radiation testing capabilities for space-bound electronics. This programme, a part of DARPA’s Advanced Sources for Single Event Effect Radiation Testing (ASSERT) initiative, seeks to enhance the resilience of electronics deployed in space environments where exposure to cosmic radiation poses significant risks to performance and longevity.
Steven Bartlett, star of BBC’s Dragon’s Den, and host of Diary of a CEO podcast, has stepped down as a Director of Huel, the meal-replacement drink brand.
Niqolas Bassano, the fitness apparel technology startup, has launched its Angel Investment Round, which went live on 20th January 2025, offering investors the opportunity to join a brand that is redefining activewear through innovation, sustainability, and smart textiles.
With global supply chains facing mounting pressures and costs continuing to rise, manufacturing is at a critical juncture. Industries like aerospace, automotive, and construction face long lead times and high costs for large-format components, relying heavily on fragmented supply chains and labour-intensive processes. Manufacturing automation business SAEKI announced a $6.7 million funding round to address these challenges through its innovative approach to digital manufacturing.
The latest research from The Global Payroll Association (GPA) reveals that a third of UK workers could jump ship from their current employer in 2025, with widespread dissatisfaction around factors such as pay and job security the key reasons for looking to greener pastures.
On 30 January, the final of the Polish startup accelerator Axios took place in Berlin. Twenty-one entrepreneurial teams presented their projects to the jury – ranging from AI platforms for pet care to apps for people with insulin resistance. Participants tested their ideas, received valuable market expert recommendations, and explored new growth opportunities. The programme was supported by key IT industry players, including SOFTSWISS international tech company.
A new whitepaper from UK-Ukraine TechExchange, a collaborative forum around the key issues affecting the war in Ukraine and its future rebuild, explores how cutting-edge innovation can expedite the demining process and Ukraine’s post-war recovery.
The UK set a new record of 5.63 million active companies registered with Companies House at the end of 2024, an increase of 3% on the year before, according to the NatWest and Beauhurst New Startup Index.
With World Cancer Day taking place on Tuesday 4 February 2025, Towergate Employee Benefits is alerting global employers to the different and evolving approaches to cancer care around the world and advising employers that they must adapt support.
Forty-one percent of UK managers have stated they’d look to implement ‘hushed hybrid’ to keep staff happy despite greater calls from leaders for a return-to-office.
Sidekick, the wealth management platform for the financially ambitious, has launched Custom Index portfolios explicitly designed to help Big Tech employees invest more strategically.
