iwoca has announced access to a £500,000 fund to help small businesses and employees build skills in AI and data analytics.
HyperHeat, the startup using renewable energy to make Zero-Carbon industrial heat, has successfully raised €3.5 million in a funding round. The investment was led by the Amadeus APEX Technology Fund with participation from Finindus, Possible Ventures, E44 Ventures, Breakthrough Energy Fellows, and a group of seasoned business angel investors.
A majority of UK business leaders (85%) feel that their productivity efforts are being held back, according to research from Celonis. Citing economic headwinds, employee stress, and difficulty implementing new productivity tools as the three core issues, these insights come against a backdrop of 57% of UK companies reporting turnover challenges in early October 2024, according to the ONS, and upcoming changes to employer’s National Insurance rates.
Biolevate, a software company accelerating healthcare innovations through AI, has announced that it has raised €6 million in a seed funding round led by EQT Ventures, with participation from bpifrance and prominent angel investors.
The Invest in Women Taskforce has secured over £250 million in funding to support female entrepreneurs in the UK.
While tech giants spend years and millions building internal developer platforms, most engineering teams are left with a painful choice: cobble together fragmented tools or build everything from scratch. Spotify introduced Backstage to help address this problem, but even after years of availability, it still requires significant setup time and ongoing maintenance – an investment of time and resources that most teams simply can’t afford.
MAGIC AI, the startup that has created the fitness mirror that uses AI to track and train its users has announced it has raised a $5 million funding round.
Vegan meal kit startup Allplants has officially entered administration, with 65 members of its staff having been made redundant already.
emma, the cloud management platform transforming how businesses optimise and scale their cloud infrastructure, has announced the successful closure of its $17 million Series A funding round. This follows its $6 million Seed Round in March 2023, bringing total funding to $23 million within two years.
A new study, ‘Women Founders in European Deep Tech Startups’ reveals that women founders in the field receive less total funding compared with male founders. According to the study, women are underrepresented in deeptech startups, with less than one quarter (24%) of deeptech startups created in 2022 having at least one woman in the founding team.
Over three-quarters (76%) of UK software buyers expect their business to increase spending on software in 2025, according to Capterra’s 2025 Tech Trends survey. Of this group, 59% expect to spend between 5%-15% more on digital solutions next year compared to 2024.
Northern Gritstone, the investment company focused on science and technology businesses in the North of England and chaired by Lord Jim O’Neill, has announced a combined £4 million seed round investment into Exciting Instruments with co-investors Empirical Ventures, who led on scientific due diligence, NPIF II – Praetura Equity Finance (managed by Praetura Ventures as part of the Northern Powerhouse Investment Fund II) and serial entrepreneurs Stan Boland and Jonathan Millner.
Cell-cultivated seafood innovator Forsea struck a major breakthrough in making freshwater eel farming a viable commercial reality. The startup announced its organoid technology reached a record-breaking cell density of more than 300 million cells/ml, and with minimal and precise use of cultured media ingredients.
H has announced the launch of Runner H, a first cloud-based web agent. With the beta release of Runner H 0.1, H is breaking through the limitations of plateauing scaling laws, taking a significant step towards artificial superintelligence (ASI).
One of Europe’s freelancer platforms, Malt, has launched its new AI Search tool to help cut the process of selecting top freelance talent from days to seconds and make managing freelancers easy and scalable.
Celebratix, a Dutch blockchain ticketing startup backed by Solana, has secured €1.1 million in investments from numerous Dutch serial entrepreneurs, the Swedish VC uBIT, and the UK business angel Justin Rees. The funds will be used to expand internationally. “We are beyond excited to set a new standard of blockchain based ticketing,” says Frank Roskam, Founder and CEO of Celebratix.
A decade of transformation in European tech is in the spotlight with the release of the tenth anniversary edition of the State of European Tech report. Charting a journey of remarkable growth, the report also examines the sector’s potential to drive innovation amidst present-day challenges.
Tide, the business financial platform in the UK, has launched an automated carbon calculator developed in partnership with carbon measurement pioneer Connect Earth. The new tool will allow Tide’s 650,000 UK members (customers) to view an estimated and categorised understanding of their carbon emissions.
“This is the dawn of a zero-emission revival in waterborne transportation,” says Gustav Hasselskog, Candela’s Founder and CEO.
US VC firm Voyager Ventures has launched a London operation in a vote of confidence in European climate tech companies.
