Index Ventures has announced a $2.3 billion fund, that will be used to invest in startups across Europe, the US, and Israel in order to take advantage of recent breakthroughs in AI.
UK chip company Graphcore has been acquired by Japan’s SoftBank. Under the agreement, Graphcore has become a fully owned subsidiary of SoftBank, and will continue its operations under the Graphcore name.
Changeblock, the company in carbon market facilitation using blockchain technology, has announced plans to acquire JustCarbon, a prominent marketplace for initiating high-integrity, gigatonne-scale carbon removal projects.
Global innovation scaleup Wazoku has joined the Italian Open Innovation Lookout Observatory, an initiative from the School of Management at Milan Polytechnic. This programme aims to help companies explore and harness the potential of the Italian Open Innovation ecosystem.
Exein, a company in embedded IoT cybersecurity, has secured €15 million in a Series B funding round.
CHOROLOGY, a pioneer in compliance and security posture management, has recently come out of stealth mode to offer innovative data governance solutions. Built on patented Deep Artificial Intelligence technology, CHOROLOGY aims to address the challenges of ineffective enterprise data compliance, security, and privacy solutions.
Ayming, one of Europe’s largest innovation funding consultancies, has launched its first Manifesto for Innovation. This initiative aims to persuade the UK’s new Labour Government to revamp the nation’s lacklustre innovation strategy.
A team of students from Nottingham Business School recently pitched an innovative solution to the mounting problem of electronic waste at a global entrepreneurship competition.
Switchee, a social housing technology provider, has announced a £5 million investment from new backer Octopus Ventures and existing supporter AXA IM Alts. This follows a previous £6.5 million funding round led by AXA IM Alts in May 2023.
Digital Catapult has announced the inclusion of eight pioneering tech companies in the Made Smarter Innovation Sustainability Accelerator. This initiative aims to enhance resource and energy efficiency in UK manufacturing.
The UK tech sector has secured nearly one-third of all European VC funding in the first half of 2024, marking a notable resurgence in investment.
A new report from AND Digital, titled ‘Rewards & Resilience,’ highlights the duality faced by women leaders in technology roles: immense job satisfaction coupled with significant barriers. According to the research, 90% of women find their careers rewarding despite an equal percentage experiencing gender bias.
Emerchantpay, a global payment service provider and acquirer, has released new research unveiling the key factors influencing consumer choices for online payments. Top concerns include security (60%) and privacy (41%), followed by speed (38%) and efficiency (34%).
New research from NCG reveals that nearly two-thirds of senior decision-makers in UK businesses plan to increase in-office attendance for their employees. This finding comes from an independent survey of 1,002 senior leaders commissioned by the digital infrastructure experts.
LawtechUK has opened applications for its Lawtech Builder accelerator programme, aimed at helping current and aspiring founders in the UK turn their innovative ideas into successful lawtech products. This free programme will run from 17th September to 3rd December 2024, offering ten interactive online sessions led by industry experts and experienced founders.
Zoom has introduced Workflow Automation in beta, aiming to enhance efficiency and minimise the time spent on repetitive tasks.
Unlikely AI, the British startup founded by William Tunstall-Pedoe, has proudly announced key executive appointments and unveiled details about its generative AI platform.
New research from Amazon Ads revealed that UK SMBs are experiencing significant benefits from advertising, aiding their expansion both domestically and internationally.
Research from IT consultancy Zartis has highlighted potential overconfidence among UK tech executives regarding their organisation’s AI roadmap. A significant 85% of these executives rated their workforce’s AI knowledge and expertise as ‘skilled’, with over half (51%) considering it ‘highly skilled’. Despite this confidence, many executives expressed concerns about barriers to further AI adoption and were divided on the return on investment (ROI) of AI initiatives.
Synechron, a global digital transformation consultancy specialising in financial services and technology, has unveiled its Synechron Nexus Plus Accelerators Programme. This initiative introduced five AI-driven solutions aimed at addressing key business and operational challenges, enhancing capital raising, corporate development, and public ownership processes.
