SatVu has received €244,853 in funding from the European Space Agency (ESA) to conduct a feasibility study, in collaboration with the University of Glasgow, to enhance the analysis of building energy efficiency.
Vessev, has announced that the first Vessev VS-9 hydrofoiling ferry, named Kermadec, has entered commercial service with Fullers360, one of New Zealand’s largest ferry transport and tourism operators.
Sports-focused investment company APEX, backed by professional athletes, has announced its strategic investment in Baller League. The concept is a trailblazing 6-a-side football competition that merges the worlds of street football and internet influencers in an innovative fusion of sport and entertainment.
Kore.ai, a company in enterprise AI, has announced AI for Process, a no-code platform that fundamentally transforms how enterprises automate and optimise knowledge-intensive operations.
Exein, the embedded IoT cybersecurity startup, and MediaTek, a global company in semiconductor solutions, have announced a partnership that transforms device security on a massive scale. Exein’s advanced cybersecurity technology will be natively integrated into MediaTek’s Genio platform, starting with the 24.1 release of MediaTek IoT Yocto. This collaboration will bring powerful security features to billions of connected devices worldwide.
An EU-funded consortium of 10 organisations – including Telefónica and Huawei – has launched to reduce the carbon footprint of telecommunications systems. EXIGENCE, which lists partners in telecommunications, academic research and digital transformation across seven EU Nations, is set to mitigate the environmental impacts of next-generation (6G) mobile systems.
UK businesses anticipate another tough year in 2025, according to new research from Pleo, one of Europe’s business spend management platforms.
Swedish startup Adsorbi, a research-based spinout from Chalmers University of Technology, has raised €1 million in funding from Metsä Spring, Chalmers Ventures, Jovitech Invest, and a grant from Sweden’s Innovation Agency for its cellulose-based air purification material.
Three London-based startups have won funding after pitching their ventures to a panel of business leaders in Deliveroo’s annual Big Pitch event.
This National Productivity Week, a CIPD poll has found that almost two thirds of people (63%) would trust AI to inform – but not make – important decisions at work. According to the poll of over 2,000 people, over a third (35%) wouldn’t trust AI to make important decisions at work, preferring to use human intelligence. Just 1% of respondents would trust AI to make important work decisions.
Mollie, one of Europe’s fastest-growing financial service providers, has enabled Apple’s Tap to Pay on iPhone for its UK customers. This allows businesses of all sizes to use the Mollie app on iPhone to accept contactless payments without the need to purchase or manage additional hardware.
Molten Ventures has announced its participation as a co-lead investor in the $5.5 million seed funding round for Sightline, a market intelligence platform powering the transition economy.
A new analysis by iwoca reveals that among major economies, SMEs believe that the UK offers the least support for businesses and performs the worst at creating wealth.
Forest, one of Europe’s most innovative shared bike operators, that last year submitted a tender to operate e-bikes in Paris, has secured £13 million in the first close of its Series B round, including a facility of up to £10 million in Asset-Backed Finance from Fintex Capital.
BOW, the universal robotics software company, has announced closing a £4 million seed round. The round was led by Northern Gritstone, the investment business focused on science and technology businesses in the North of England, with co-investors Finance Yorkshire and Praetura Ventures as part of the Northern Powerhouse Investment Fund II.
Atelerix, a Newcastle University spinout that is transforming the way that biosamples essential for drug discovery and pharmaceutical research are stored and transported, has raised £750,000, with participation from ACF Investors and biotech specialist investors o2h Ventures, bringing the year’s total funding to £1.25 million.
The UK healthcare sector is at risk of falling behind its European counterparts in adopting AI, according to a major new pan-European study.
TravelPerk, the business travel platform, has announced a new Series E fundraise of $200 million. The investment is led by European venture capital firm Atomico, alongside EQT Growth, with significant participation from Noteus Partners and existing investors, including Kinnevik and General Catalyst. The oversubscribed round nearly doubles TravelPerk’s valuation to $2.7 billion.
Unreasonable, a new growth marketing agency co-founded by Brad Mac, has launched from cocreatd, the venture studio founded by Oliver Yonchev.
The Department for Business & Trade, Challenge Works, the Open Data Institute, and Smart Data Foundry are calling on innovators to enter the new Smart Data Challenge Prize.
