Reverion, a company pioneering carbon-negative, reversible power plants, has secured $62 million in Series A funding, including non-dilutive capital. The round, which exceeded expectations, was led by Energy Impact Partners (EIP) and saw backing from Honda and the European Innovation Council Fund (EIC Fund).
In recent years, the European Union (EU) has intensified its scrutiny of mergers and acquisitions, as well as different launches within the tech sector. As regulators aim to maintain competition and protect consumer interests, an increasing number of high-profile deals have faced stringent reviews or outright rejections.
Purple Transform, an AI-driven data analytics firm specialising in preventing incidents like theft, trespassing, and antisocial behaviour on railway lines, has secured £4.5m in a funding round led by Mercia Ventures through the Midlands Engine Investment Fund II, with backing from Sure Valley Ventures.
The world’s largest business show returns to LA in 2024. It is taking place on the 9th & 10th of October 2024 at The LA Convention Center and running alongside The B2B Marketing Expo. This edition of The Business Show will host an audience of 8,000 SMEs and startups, providing all the help and guidance you need to start or grow your business.
In its ongoing mission to decarbonise the built environment, lightweight solar energy innovator Solivus recently completed a large-scale solar installation for Astute Electronics at its UK headquarters in Hertfordshire. Astute, a global leader in electronics distribution and supply chain management for industries like defence, aerospace, and energy, sought to harness clean energy from the 1,524 square metre rooftop of its warehouse as part of its sustainability goals.
Twin Science & Robotics, a UK-based edtech startup, has secured £1.25 million in a funding round led by Soulmates Ventures, with participation from APY Ventures, existing backers, and notable angel investors. This new investment will fuel the company’s global growth, with a particular focus on expanding its presence in the US.
SOLASTA Bio, a Glasgow-based agri-biotech firm pioneering next-generation green insecticides, has closed an oversubscribed $14 million Series A funding round. The capital injection will accelerate the development of its peptide-based bioinsecticides – innovative, nature-inspired solutions that represent a world-first in the industry.
A recent survey conducted by CommsCo PR has shed light on the shifting attitudes of AI experts, marketers, and influencers toward artificial intelligence and major tech companies. The findings indicate a growing distrust of big tech firms and a strong demand for tighter regulations, alongside cautious expectations for AI’s potential impact over the next five years.
Culture15, a business culture platform, has introduced a new AI-powered feature that aims to transform how organisations assess and manage their workplace culture. This innovative tool translates qualitative employee feedback into clear, measurable data, eliminating vague interpretations and providing deeper insights.










