Nancy Steidl is excited to announce the upcoming release of her business book, The Art of Analogies in Business, How to Start a Business in Layman’s Terms, set to launch in December 2024. This essential business book aims to simplify the process of starting and running a business, making it accessible for individuals with little to no prior knowledge, as well as offering valuable insights for seasoned business owners.
Inicio AI, a fintech startup based in the West Midlands has been awarded £1.25 million as part of the One To Win pitch competition at Birmingham Tech Week’s Tech Awards. One to Win is spearheaded by TechWM, set up to promote tech in the region, with support from sponsors Rigby Group plc, SCC, Haatch, and the West Midlands Co-Investment Fund (delivered through Midven, part of Future Planet Capital). It is the largest single prize for any pitch competition in the UK.
Chiller units are an essential part of many industrial and commercial operations. They help maintain the necessary temperature for various processes, from manufacturing to data centres, keeping systems running efficiently. However, like any equipment, chiller units have a lifespan. Over time, they can become less efficient, more costly to operate, and prone to breakdowns. Knowing when to upgrade your chiller can save money and improve overall performance.
Resurge Growth Partners has announced the launch of a new “venture equity” vehicle designed to bridge the critical gap between venture capital and private equity for high-potential scaleups. Resurge will aim to invest over €120 million via the vehicle over the next three years, with nearly half of the capital already committed from the founding GPs and a leading family office.
The UK’S most extraordinary female founders have been unveiled as the finalists for the 2024 everywoman Entrepreneur Awards, in association with BGF, the UK’s longest-running recognition programme for women in business. Now in their 22nd year, the awards set out to uncover and amplify the diverse array of female-led businesses, recognising them as influential role models for future generations, and celebrating their economic contribution.
Trustly, the global fintech in Open Banking Payments, is on track towards processing $100 billion in Total Payments Value (TPV) in 2024, underscoring a substantial shift in the payments industry as merchants worldwide continue to explore card alternatives. To date, over 112 million consumers have used Trustly’s products globally, showcasing the appeal of Pay by Bank options at checkout.
Medialister, a new startup designed to streamline editorial advertising placements, launched this month to connect brands with media outlets looking for alternative revenue streams. Focused on affordability and data-driven insights, Medialister enables brands to access editorial advertising that aligns with their messaging goals, while providing media outlets with an additional way to monetise content.
Pleo, a European spend management platforms, has released a new report examining the current landscape of UK businesses. ‘The Finance and Business Synergy Report’ from Pleo, delves into the sentiments surrounding budget cuts, collaboration and growth in 2024, and how these dynamics are influencing business operations.
Genie AI, an AI legal editor, has raised £13.3 million in Series A funding, led by GV (Google Ventures), and joined by Khosla Ventures (early investors in OpenAI), taking its total raised to over £15 million. Previous to this round, Genie AI received one of the UK Government’s largest grants for a startup, and seed funding led by Connect Ventures.
Dryad Networks, a startup working in ultra-early wildfire detection technology, has announced a major financial boost to advance its wildfire prevention solutions. The company has been awarded a €3.8 million grant from the European Regional Development Fund (ERDF), via Investitionsbank des Landes Brandenburg (ILB), to accelerate the development of its revolutionary wildfire suppression project, codenamed “Florian.”









