Defence AI innovator Helsing has secured €450 million in a Series C funding round, led by General Catalyst. The round also saw participation from prominent investors such as Elad Gil, Accel, Saab, Lightspeed, Plural, and Greenoaks.
Grand Games, a mobile gaming company transforming social game development, has raised $3 million in pre-seed funding and soft-launched its inaugural game just four months after its inception. The funding round was spearheaded by Earlybird Digital East Fund, an investor in Peak Games, with additional support from Laton Ventures.
Digital staffing agency Coople surveyed 1,000 UK business leaders to understand how economic conditions have impacted their staffing practices.
Recent data from Hubble, a flexible workspace platform, highlights a significant shift from full-time to part-time office models, with businesses saving nearly 70% on rent.
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.
