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.
OX Delivers has announced plans to nearly double its UK workforce, initiating a recruitment drive for various skilled roles at its West Midlands headquarters. This expansion aligns with the company’s next phase in developing its next-generation electric truck, where these roles will be key to scaling up continuous truck production.
Fintech startups are playing a key role in transforming the financial landscape, offering innovative solutions that challenge traditional banking and financial services. The startups in this field have leveraged technology to create products and services that cater to the evolving needs of consumers and businesses, and a big trend
International Equal Pay Day is celebrated every year on the 18th September. It represents the longstanding efforts towards the achievement of equal pay for work of equal value. The day serves as a reminder of the ongoing struggle for equality and the need to bridge this divide.
The Department for Work and Pensions (DWP) and the Ministry of Justice (MOJ) have launched applications for their upcoming Reverse Pitch events – a dynamic initiative that brings together government and startups to drive digital transformation and enhance the citizen experience.
The Enterprise Investment Scheme Association (EISA) celebrated 30 years of the Enterprise Investment Scheme (EIS) on 18th September.
In a nation increasingly drawn to the power of positive thinking, more than half of Brits (52%) are turning to manifestation as their preferred method for turning aspirations into reality. From daily meditations to vision boards, these practices are becoming a regular part of many people’s routines.
Swedish fintech company Savr has received additional funding from Incore Invest, a European investment firm specialising in growth-stage companies, strengthening their ongoing partnership.
BlueFlame AI, a specialist in Gen AI solutions for the alternative investment management sector, has unveiled Nexus, an AI-powered tool designed to revolutionise how firms locate, analyse, and report on unstructured data within their documents.
Sage, a prominent provider of accounting, financial, HR, and payroll solutions for small and medium-sized enterprises (SMEs), has unveiled its Carbon Measurement API. This tool aims to equip banks with the necessary resources to assist their SME clients on the journey toward achieving net-zero emissions.
US-based email security firm EasyDMARC has secured $20 million in Series A funding, led by New York-based Radian Capital. This investment represents a pivotal moment for the company as it aims to broaden its global reach and solidify its standing in the email security sector.
Worksmart is marking its sixth anniversary, celebrating six years of transforming the work-life balance for local professionals with its premium serviced offices in the heart of Cheshire.
A new analysis commissioned by Thermology Health, a medtech spin-out from the National Physical Laboratory (NPL), revealed that its technology for screening and detecting diabetic foot ulcers could significantly improve patient outcomes and save the NHS more than £200 million annually over the next five years.
VidLab7, an AI-driven media suite aiming to transform sales processes with tailored video content, has secured €3.5 million in seed funding led by EQT Ventures, with contributions from notable angel investors.
