Colossal Biosciences, the world’s first de-extinction company, has announced the formation of The Colossal Foundation and the initial flagship projects in its conservation agenda.
The startup ecosystem is seeing a distinctive shift in its mergers and acquisitions (M&A) activity. Traditionally, it was the tech giants that led the charge in acquiring promising startups. However, a growing trend is emerging: startups are acquiring other startups.
A recent report has shown that the UK’s electric vehicle (EV) battery sector has reached record levels of VC investment, with UK-based EV battery startups securing $2.7 billion in funding since 2018.
Foreverland, the Italian startup behind a sustainable carob-based chocolate alternative, is setting a new standard in the chocolate and food industries. With a recent €3.4 million Seed round, just a year after its inception, the company is gearing up to launch its semi-finished product facility and expand across Europe.
Manchester’s £1.7 billion innovation district has officially launched its first building and revealed its new name: Sister. The district’s first tenant, Sustainable Ventures, Europe’s climate tech hub, is set to move into the Renold Building this November.
A survey of senior business leaders across various sectors in the UK has revealed that 77% consider the annual corporate Christmas party the most important work event of the year, underscoring its pivotal role in the corporate calendar.
With over 500 million podcast listeners globally and the market projected to skyrocket from $27 billion in 2023 to over $234 billion by 2030, the podcasting industry is experiencing rapid growth. Given that approximately 80% of podcast episodes are completed by listeners, it is no surprise that global ad spending is forecasted to hit $4.02 billion by 2024.
HungryPanda, the global Asian food delivery platform, has secured $55 million through a refinancing and fundraising round.
Blackfinch Ventures has unveiled its latest offering: the Energy Transition EIS Portfolios, designed to provide investors with access to innovative technology companies driving the widespread electrification of society.
NK:IO, an Imperial College spinout, is revolutionising cancer treatment by harnessing the body’s innate immune system. The platform, developed from groundbreaking NK cell research by Professors Hugh J. M. Brady and Matthew Fuchter, produces highly potent NK cells while overcoming traditional manufacturing hurdles.
TechMarketView, a tech analyst firm, reported that 60% of UK tech companies expect improved business conditions by 2025, despite 56% describing the current climate as poor or neutral.
Semiconductor firms across the UK, producing crucial technologies from smartphone screens to surgical lasers, are receiving significant backing to help them expand and contribute to economic growth.
TitanML was founded officially in 2021 by Dr James Dborin and Dr Fergus Finn, later being joined by Co-Founder and CEO Meryem Arik.
The need for increasing women’s representation in STEM is widely recognised, but the challenge extends far beyond simply attracting more women into the sector. According to Forbes, after just 5-7 years in their jobs, 40-50% of technical women leave the STEM workforce. More needs to be done to not just recruit women but also retain them, urges author Lauren Neal.
Welinq, a modular quantum computing and interconnect company, has established a Scientific Advisory Board featuring four of the most prominent experts in quantum information science.
Convergence, the startup building personal AI agents for everyday use, has secured $12 million in pre-seed funding led by Balderton Capital, with participation from Salesforce Ventures and Shopify Ventures.
The Achievement Algorithm is redefining leadership development with an approach that blends neuroscience and Quantum Release techniques to help leaders overcome burnout and excel under pressure.
Despite significant progress in AI and large language models (LLMs), enterprise organisations have faced challenges in adopting chat-based tools for business intelligence that are accurate, secure, and tailored to their specific needs.
Denmark’s DeafTawk and the UK’s Vochlea stood out as the winners of the Global MediaTech Pitch Day, selected from a pool of over 400 contenders. The event, part of the Annual Mediatech Investment Programme, was hosted by Raw Ventures on 26th September.
London-based startup Ambr, which leverages AI-driven insights to enhance workplace wellbeing, has secured new funding from Czech-based Look AI Ventures. This investment will fuel Ambr’s mission to address the root causes of workplace stress.
