Finnish venture capital firm Innovestor announced new investments in three university spinouts, made through its €90 million Life Science fund. The companies – Polku Therapeutics, Kasvu Therapeutics, and Soihtu DTx – are working on innovative treatments for neurological conditions.
Belfast-based insurtech company Seopa, the force behind Northern Ireland’s largest price comparison site, CompareNI.com, and one of the UK’s top platforms, Quotezone.co.uk, has reported its most successful year to date.
Mindstone, a global AI learning community, has partnered with Pangea.ai, a marketplace connecting top development agencies with startups and enterprises, to bring AI training to Pangea.ai’s extensive client base.
Voda, an LGBTQIA+ mental health app created by LGBTQIA+ therapists, has unveiled the world’s largest free mental health resource for the trans community: the Trans Library. Launched on 18th September 2024, the library features 52 self-led digital programmes designed to address the specific mental health challenges faced by trans individuals, offering timely and inclusive support.
In collaboration with Sony Music UK and Sony Music Publishing UK, Digital Catapult has selected ten startups from the UK’s creative industries for its 2024 Black Founders Programme.
Research by GRiD, the group risk industry body, reveals that 74% of employers believe there is insufficient state support for the health and wellbeing of UK workers.
According to new research from Towergate Health & Protection, 60% of employers with overseas staff rank physical health as their top concern.
South Summit has named Nacho Mateo as its new CEO, tasking him with spearheading the event’s international growth and solidifying its role in the global entrepreneurial and innovation ecosystem.
Ten international startups have been chosen for the inaugural CyberBoost Catalyse programme, a collaboration between Plexal, the innovation company founded by Delancey, and NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS). The programme will take place at the CyberSG Talent, Innovation and Growth (TIG) Collaboration Centre, a joint initiative between the Cyber Security Agency of Singapore (CSA) and NUS.
G-P (Globalization Partners), a force in the global employment landscape, has revealed in its latest report that over half of workers (53%) expect to enter the job market within the next six months, with a third aiming to relocate to another state or country for career advancement.
SEB pension funds have become a key investor in Estonian venture capital firm Superangel, significantly enhancing the firm’s second fund, which now reaches nearly €40 million. This capital will be directed towards innovative tech startups across Estonia, the Baltic States, and the Nordic region.
In a transformative partnership, Irish startup SQUID, known for its innovative loyalty platform, has joined forces with Square, a leading provider of commerce and financial services, to deliver spend-based loyalty programmes for independent businesses across Ireland and the UK.
DeepL, a global language AI company, has introduced significant improvements to its glossary feature, designed to boost translation precision and uniformity.
DeepDrive, an electric motor company known for its focus on efficiency, performance, and sustainability, has secured an oversubscribed €30 million Series B funding round. Leitmotif, an independent venture capital firm with a focus on decarbonisation investments in the US and Europe, led the round.
Skillsoft, a platform known for its focus on transformative learning, has released a study examining the current landscape of workplace skills and talent development. The research, which surveyed 2,500 full-time employees across the United States, United Kingdom, Germany, and India, highlighted a significant skills gap in the workforce.
French AI startup Mistral has launched its first multimodal model, Pixtral 12B, capable of processing both text and images.
TeamSystem, a tech company specialising in business management solutions for SMEs and professionals, has accelerated its expansion in the Spanish market by acquiring 100% of the social capital of Distrito K.
Fiverr has unveiled its new Financial Services Vertical, recognising the financial sector’s significant influence on the global economy and addressing the rising demand for roles such as fractional CFOs. This initiative aims to support a new wave of startups and entrepreneurs.
As the country braces for an anticipated “painful” Budget this autumn, fresh research from independent SME funder Bibby Financial Services (BFS) highlights that UK SMEs see tax incentives and access to finance as crucial for unlocking growth.
Turneo, a traveltech startup specialising in experiential hospitality, has announced the closing of a €2 million seed funding round. The round was led by Bessemer Venture Partners, with additional backing from Underline Ventures.
