Anna Wood

Anna Wood is the Editor of Startups Magazine. She joined the team in June 2023 as Deputy Editor, and has since been promoted to Editor of the publication. When it comes to the startup sector, Anna has a keen interest in spacetech, biotech, medtech, anything that flies, and shining a light on the gender and diversity funding gap. Outside of work hours, you can find Anna tucking into a book, a nice meal, and playing her Switch!

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Causal becomes part of the Lucanet Group

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).

UK world leading for creating quantum companies and attracting investment

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.

Neara raises €28m Series C to accelerate international energy resilience

Neara, the AI-powered predictive modelling platform for critical infrastructure, has announced a €28 million Series C funding round. The round was anchored by a consortium led by EQT (a global investment organisation), with participation from Partners Group (one of the largest firms in the global private markets industry), and Square Peg Capital (one of the company’s earliest investors), with additional support from existing investors Skip Capital and Prosus Ventures.

DeepL to debut NVIDIA DGX SuperPOD with DGX GB200 Systems in Europe

DeepL, a global Language AI company, has announced it will be among the first to commercially deploy the NVIDIA DGX SuperPOD with DGX GB200 systems. The NVIDIA DGX SuperPOD, which is expected to be operational at DeepL by mid-2025, will be used to power research computation.

Lithuanian startup Traxlo wins regional finals of the Startup World Cup in Prague

The Startup World Cup regional finals have crowned a new champion. Lithuanian startup Traxlo, with its platform “Tasku.app” – a short-term gig work portal offering flexible tasks in local stores, has won the opportunity to represent Central and Eastern Europe in Silicon Valley’s grand finale and compete for the $1 million prize. The event took place during the Engaged Investments conference, hosted by DEPO Ventures and J&T Ventures in Prague, Czech Republic.

The Access Group acquires AI-powered presentation solution Hireara

The Access Group, a provider of business management software to mid-market organisations in Europe, USA and Asia Pacific, has announced that it has acquired HireAra, a UK based AI-powered candidate presentation platform that automates the process of formatting and presenting candidate CVs/resumes for recruiters.

3D animation platform Swoove Studios raises $7.5m seed round

3D animation software company Swoove Studios has closed a $7.5 million seed funding round led by European angel investors.

UK small businesses await impact of interest rate cuts as sales remain soft

UK small business sales growth continued to slow over the last quarter (July to September), not helped by rising late payments times, according to the latest Xero Small Business Insights (XSBI) data from Xero, the global small business platform.

DeSci Labs wins gold at the Lab Awards

Open access publishing startup DeSci Labs has won the Best Automation & Data Innovation – Organisation prize at this year’s Lab Awards, held at Lab Innovations 2024. The award recognises the innovation behind DeSci Publish, the world’s first open science publishing infrastructure based on Web3 technology.

Verax AI raises $7.6M in seed funding led by TQ Ventures

Verax AI, a developer of enterprise-grade software solutions that provide visibility and control of AI in production, announced today that it secured $7.6 million in seed funding led by TQ Ventures and with participation from Concept Ventures, Cardumen Capital, Seedcamp, InMotion Ventures, and XTX Ventures.

Emidat secures €4M to simplify construction emission management ahead of EU deadline

Emidat, the provider of environmental data solutions for the construction industry, has announced a €4 million seed funding round led by General Catalyst. This funding will enable Emidat to support the construction industry to reduce the environmental footprint of the whole built world, starting with a revolution in the labelling of every single building material.

Half of C-suite want to ‘completely overhaul’ how they use data

More than half of C-level leaders (58%) want to ‘completely overhaul’ their approach to data in 2025. That’s according to new research from data streaming platform Confluent.

Xiphera and Crypto Quantique partner for quantum-resilient hardware trust engines

Xiphera, provider of highly-optimised, hardware-based cryptographic security, has announced its partnership with Crypto Quantique, a provider of quantum-driven IoT device security.

Bendi secures $1.04M to accelerate supply chain risk management with AI

Bendi, the AI-driven platform that helps businesses manage and mitigate business disruption, sustainability challenges and reputational risks in their supply chains, has announced it has raised $1.04 million in pre-seed funding.

Lola takes major stake in PACETEQ, boosting data tech and software

Lola Cars has become a major stakeholder in PACETEQ, one of the automotive industry’s foremost data technology and software companies. The investment sees Lola gain access to knowledge and expertise critical to the brand’s ambitions to re-establish itself as a world leader in sustainable engineering and motorsport.

New ‘On-demand’ ESG reporting platform launches for sustainability frameworks

The Sustainability Analytics platform GaiaLens, has launched its new on-demand sustainability reporting product for ESG analysts today. Offering a flexible, monthly subscription-based model, analysts can now access fully automated reporting for all major sustainability frameworks at the click of a button.

HP’s AI PCs aim to reduce admin burden so workers can do more of what they love

HP commissioned a survey via YouGov, polling around 1,200 UK workers to understand what keeps them busy at work, and how often they’re able to take lunch breaks. It found that 2 in 5 (40%) surveyed never take an hour-long lunch break, and almost 1 in 3 (30%) would skip lunch to catch up on admin tasks such as compiling meeting notes and filling in time sheets.

Zombie Workforce: 70% of UK workers struggling to ‘switch off’ from work

70% of UK professionals are struggling to ‘switch off’ from work, an issue which is leaving many unable to relax and even lose sleep over.

More than one in five US SMBs could run out of cash by Christmas

Invoice finance company Stenn has released new findings highlighting that US SMBs are cash-strapped heading into the festive period, betting big on the holiday season to top up reserves that are running dry.

Chancellor’s Budget must encourage investment in skills and tech adoption, says CIPD

Ahead of the Chancellor’s Budget announcement, the CIPD is calling on the government to increase apprenticeship opportunities for young people, encourage innovation, and improve labour market enforcement.