DeepL, the global Language AI company, has announced the launch of its first voice translation solution DeepL Voice, with the first two products unveiled: Voice for Meetings and Voice for Conversations. DeepL Voice makes it possible to conduct virtual meetings across several languages as well as real-time translation for in-person conversations.
A newly released report has named London the number one city in Europe and number three globally for life sciences, behind Boston and New York, and ahead of Amsterdam, Munich, Paris, San Francisco, and Singapore.
Sage Foundation, the social impact arm of Sage, the accounting, financial, HR and payroll technology for small and mid-sized businesses (SMBs) firm, has launched a new, three-year partnership with Village Capital to support 165 impact-creating startups across Europe, UK, and the US.
In a strategic move set to reshape the industrial Augmented Reality (AR) landscape, Almer Technologies has announced its acquisition by RealWear, a company in wearable computing for industrial applications. This strategic acquisition, financially backed by TeamViewer marks a significant leap forward in the mission to empower frontline workers worldwide with cutting-edge AR technology.
Bitsight has announced it has signed a definitive agreement to acquire Cybersixgill, a global cyber threat intelligence (CTI) data provider. Together, Bitsight and Cybersixgill will provide unmatched visibility into an organisation’s external attack surface, supply chain, and the threats targeting it. As a result, security leaders can proactively identify, prioritise, and mitigate risk across their first and third party environments.
Future Planet Capital is working with NatWest Cushon, with a view to the Cushon Master Trust potentially making an investment in the British Co-Investment Fund (BCF). Any future investment will be subject to commercial terms, due diligence, and Trustee approval. If approved, NatWest Cushon’s participation would signify a major step forward, creating new avenues for British pension funds to access high-growth, private technology companies at scale.
AshGrove Capital an independent pan-European specialty lender, has announced the final close of AshGrove Specialty Lending Fund II at the hard cap of €650 million, surpassing its target of €500 million.
“From a young age, I was deeply immersed in the world of technology, imspired by my grandfather, a pioneering engineer who played a key role in constructing the first computers in the 1950s. This unique upbringing, which involved soldering computers and circuits with my grandfather, instilled in me a profound appreciation for technology and innovation,” reminisced Roman Axelrod.
Cubo is a provider of bespoke flex offices and co-working spaces, boasting 12 sites across the UK, including Manchester, Newcastle, Leeds, Birmingham, Edinburgh, and Glasgow.
Workflow, a company building AI software for design, marketing, and product teams has announced it has raised $3 million in pre-seed funding in a round led by early Revolut-investors, Venrex. Investors in the oversubscribed round included 8VC, backers of Asana, and scout funds from Sequoia, Octopus, and Index Ventures. The round saw investors back exited founders Will Taylor (Rota.com), Allis Yao (ex-Instagram, Spirito AI), and Paul Sangle, (Mailwiz.app, ex-Yelp product lead).
Female Foundry expands its Visionaries AI Incubator with seven game-changing female-founded startups to drive innovation across Europe.
Research by Towergate Employee Benefits shows that over a quarter (26%) of employers are missing out by not benchmarking the benefits they offer to their workforce, in comparison to those offered by other companies. The research also reveals that just 40% of companies benchmark by sector, 37% by location, and only 30% by size of company.
KSA Group Limited, insolvency practitioners who run the Company Rescue website, has researched the UK SME market of over 4 million businesses in an attempt to see if there was a gender bias on the board of companies that become insolvent.
MintNeuro, a startup working on scalable, low-power semiconductor technology for minimally-invasive neural implant applications, has announced it has raised £1 million in a funding round led by Empirical Ventures. Additional investment came from Parkwalk Advisors (through the Imperial College Enterprise Fund), Imperial College London, Plug & Play, Excellis Holding, and several prominent angel investors.
Due to overwhelming demand, the entry submission portal for the Hustle Awards 2025 is NOW OPEN!
British prosthetics manufacturer, Open Bionics, is on a mission to make bionic arms accessible to people with limb differences, and is set to accelerate its expansion in the US and DACH markets thanks to an innovative high growth lending solution offered by NatWest.
New research conducted by energy transactions company tem. has revealed vast shortcomings in the energy market, which are feeding distrust and misconceptions among UK businesses and preventing them from switching to green power.
In Parallel has successfully closed a €2.8 million seed funding round from Lifeline Ventures, helping the company scale its AI-powered approach to strategy execution management.
Oxford University Innovation (OUI), the technology transfer office of the University of Oxford, has launched its 2024 report Shaping the Future: Oxford’s Innovation Impact, showing it raised millions of pounds to fund innovative research and venture creation, filed scores of new patents and created more than 15 new companies over the past 12 months.
Paloma Health, the AI-enabled healthtech startup reducing wait times for access to critical NHS health services, has raised £2 million in a pre-seed round. The round was led by Triple Point Ventures, with co-investors Heal Capital and expert angels, including Pam Garside, Co-Chair Cambridge Health Network, and James Allgrove, ex-Stripe. The funding will support the roll-out of Paloma Health’s first NHS service providing access to children and young people’s autism assessments in under four weeks.
