New analysis of Foreign Direct Investment (FDI) data by London & Partners shows that more AI companies (75 companies) from London have expanded internationally than from any other city globally post-pandemic. The UK capital has also welcomed the second-highest number of AI companies (94 companies) in the world, after Dubai (112 companies).
DUKE Distribution, a provider of specialist transport and trackway installation services, has secured a debt finance funding package from the Midlands Engine Investment Fund II.
Mahdi Yahya, CEO and Founder of Ori, a UK-based provider of GPUs for AI compute, argues that the UK has all the ingredients necessary to build its own sovereign cloud computing infrastructure – but it’s being held back by a lack of imagination from senior tech players.
Zyxel Networks, a company in delivering secure and cloud-powered networking solutions, is launching its new XGS1935 series of Lite-L3 smart managed switches to meet the growing connectivity and sustainability needs of small businesses.
Finnish technology company Quanscient, working in cloud-based multiphysics simulation technology and quantum algorithms, has announced its new growth funding of €5.2 million.
Business leaders forecast massive gains from AI but are delaying implementation due to the ‘ambiguity trap’ created by a changing and fragmented legal and regulatory landscape.
The demand for specialised tech talent is rising sharply, with the International Data Corporation predicting that over 90% of companies will face IT skills shortages by 2026.
Cambridge Future Tech has entered into a relationship with Nokia Bell Labs and Nokia Ventures & Partnerships, to establish OmniBuds, for the commercialisation of Nokia Bell Labs OmniBuds platform, the world’s first ear-worn AI/ML computing platform designed to monitor vital signs, including heart and respiration rates, as well as users’ physical activities and audio experiences. This device is poised to revolutionise the health and wellness industry by providing continuous, real-time insights to care providers and enhancing patient care.
Microsoft has launched its new GenAI Accelerator programme, aimed at advancing AI-driven startups in the UK and positioning them for long-term success.
Blue Earth Summit arrived in London in October 2024, located within a former machinery, manufacturing, and innovation quarter at Woolwich Works.
Neustark, a Switzerland-based, carbon removal specialist and one of the fastest growing companies in Europe, and UK-based building materials supplier, Aggregate Industries, are introducing a new technology that permanently removes carbon from the atmosphere and locks it into recycled concrete.
Virgin Media O2 has launched an all-new Small Business Partnerships initiative with leading brands Virgin StartUp, GoDaddy, and egg, to bring exclusive offers to small business customers. This initiative aims to equip entrepreneurs across the UK with the technology, resources, and networks to succeed.
Yazen Health, the healthcare platform dedicated to combating obesity with modern weight loss medication and lifestyle changes, announced today the successful closing of an oversubscribed €19.5 million Series A funding round. With this funding, the company strengthens its position as a pioneer in obesity treatment and sets its sights on international expansion.
OptimallyMe, an innovative health optimisation startup, has secured investment from The Players Fund, the UK’s first athlete-led venture capital firm.
Helsinki is currently one of the most prominent hotspots for deeptech innovation. Whether it’s deeptech startups operating in the city or the innovative developments happening within larger organisations, Helsinki has become synonymous with deeptech expertise.
Novuna Business Cash Flow, a provider of financial solutions for small and medium-sized enterprises (SMEs), has reviewed the UK’s latest budget announcement, which introduces significant changes expected to impact businesses across the country.
Kuberno, the global legal entity management SaaS provider, has closed on an additional £6 million of financing from Nasdaq Ventures and Barclays, concluding its Series A round with £9.5 million of total capital raised.
UK quantum technology company Aquark Technologies, in partnership with the Office of the Chief of Technology Officer (OCTO) for the Royal Navy, successfully demonstrated the capabilities of its novel cold atom technology on the Royal Navy’s HMS Pursuer vessel.
Lucanet, a global provider of end-to-end CFO software solutions, is pleased to announce the successful acquisition of Causal, a key innovator in the financial planning and analysis (FP&A) market. This acquisition strengthens Lucanet’s market position by expanding the range of core solutions in its CFO Solution Platform to include Extended Planning and Analysis (xP&A).
The UK National Quantum Technologies Programme (NQTP) is marking its tenth anniversary at the UK National Quantum Technologies Showcase 2024 on 8th November in London.
