Startups Magazine is excited to announce that we will once again be exhibiting at CES in Las Vegas, on the 7th-10th of January. If you’re attending the show, come by Stand 60311 at Eureka Park to pick up a copy of our Survival Guide, and have a chat with the team!
According to new research from Dext, the bookkeeping automation platform provider, the UK’s small and medium-sized businesses (SMBs) surveyed could be losing a staggering average of £742 every month from incorrect invoicing stemming from poor tracking of rechargeable expenses. With the UK home to over 5.5 million SMBs, the figures indicate up to a £1.1 billion monthly shortfall in the economy, signalling the need for a massive overhaul of outdated expense management practices.
Transformative freight procurement and management tool Loadar has raised a $4 million seed funding round, led by Frontline Ventures with follow-on participation from existing investor Techstart Ventures. Founder and CEO Ciaran Doherty will use the funds to grow the team headcount and expand to the US, building on the success to date in Europe.
AgrofoodBIC S.r.l. (Business Innovation Centre), a multi-company open innovation hub active nationally and internationally since 2019, partners with Eatable Adventures to identify and accelerate global startups that address the evolving needs of the Italian foodtech sector. This collaboration aims to foster innovation and build bridges between established companies and emerging ventures.
System7, a new AI consultancy co-founded by Nicolas Baxter designed to transform marketing and sales teams, has launched as the first co-founded company from cocreatd, the venture studio founded by Oliver Yonchev.
A new global survey titled ‘AI Workplace Report’ from Freshworks, a business software provider, reveals that nearly half (45%) of UK employees would consider swapping their current jobs for roles that better harness AI, and 35% of UK workers say they have already received a salary bump or a promotion as a result of their AI usage.
TG0, a company reshaping the human-machine interface landscape, has closed a £4.5 million Series B funding round led by NetmindAI with additional support from WP Health.
Three in 10 (30%) British Gen Z have been signed off work for mental health reasons in 2024, totalling 1.7 million young people, as the UK government unveiled plans to get young people into work earlier this week.
Over 3 million cases of fraud are reported in the UK every year, shockingly it accounts for nearly 40% of all reported crime. To tackle this, financial institutions are turning to AI but AI requires large amounts of data and access to that data is a challenge.
On December 3rd, organisations representing millions of people took part in Techtimeout Tuesday – the UK’s biggest digital wellbeing day.
With the phased shutdown of the Public Switched Telephone Network (PSTN) and Integrated Services Digital Network (ISDN) set to conclude in 2027, new research from Zen Internet has revealed that UK businesses are alarmingly unprepared for the transition.
In recent months, allegations of sexual misconduct by high-profile figures have dominated the headlines in the UK. From the ongoing police investigation into historic claims of rape and sexual abuse against former Harrods owner, Mohamed Al-Fayed, to the litany of accusations of inappropriate behaviour against BBC Presenter Greg Wallace, it seems that some of the most powerful institutions in our country are still grappling with how to identify and prevent sexual harassment in the workplace.
Algorithmiq, a team pioneering the integration of quantum computing, artificial intelligence (AI), and super-computing to solve complex problems in the Healthcare and Life Sciences, and QuEra Computing, the company in neutral-atom quantum computing, has announced that Algorithmiq has joined the QuEra Quantum Alliance Partner Program.
Embeddable, an award-winning developer tool for building interactive customer-facing analytics directly within software applications, has announced the close of its oversubscribed €6 million seed funding round.
As the year draws to a close, it’s the perfect time to reflect on some of the standout moments from The Cereal Entrepreneur podcast. This year we have had the pleasure of talking to a wide array of figures in the startup ecosystem, from founders of early-stage startups, to angel investors and venture capitalists, to all of the winners of the 2024 Hustle Awards.
Malmö is a city filled with innovation. It is home to almost 40,000 businesses, has a large proportion of international talent, and is Sweden’s youngest and fastest growing city. The city of Malmö fosters innovative companies, and plans on creating a ‘Startup District’ particularly for this reason.
Baller League, the 6×6 football league with a rapidly growing fan base, has announced that it has raised $25 million in a Series A funding round led by EQT Ventures. This follows an $8 million round closed in Summer 2024.
AI Simulator, a technology that uses AI to replicate the private investment market, is set to join the American Angel Capital Association as a consultant to develop a curriculum for their deeptech toolkit. This prestigious project, funded by the Nation Science Foundation, aims to educate early-stage investors.
AI will continue to dominate the European tech ecosystem in 2025, according to the Partners at Antler, the early-stage VC firm in Europe.
KHP Ventures has launched the Innovations in Mental Health (IMH) Fund, which is dedicated to accelerating technologies with the potential to transform mental health outcomes. Portfolio companies will be supported through a first-of-its-kind delivery partnership with the UK’s largest mental health provider, the South London, and Maudsley NHS Foundation Trust (SLaM).
