International Supply Chain (ISC) platform transforming the global supply chain by connecting global supply with global demand, Mercado Labs has closed a $2.5m funding round led by Ironspring Ventures and joined by new investor Supply Chain Ventures.
Many businesses in the UK are both getting paid – and paying – later, with the COVID-19 pandemic causing a surge in late payments. According to the latest independent research from Close Brothers Asset Finance, three in five UK SMEs have experienced delays in receiving payments, while a significant number of business owners have admitted to being forced into delaying paying invoices.
In light of the business loan scheme statistics out today, Stephen Kelly, Chair of Tech Nation has shared his thoughts.
With the acquisition of eSoftThings, an expert in the Internet of Things (IoT) and Artificial Intelligence (AI), based in Cesson-Sevigne (Rennes metropolitan area, France), LACROIX Group has consolidated its R&D division already present in Brittany in the area and strengthened its positioning in the industrial IoT and AI, particularly in the field of connected vehicles.
Israeli medical startup, NanoVation has been awarded a €2.5m grant as part of the European Union’s prestigious Horizon 2020 EIC Accelerator program. The Haifa-based company is developing a new respiratory monitoring device, based on its proprietary nano-sensor technology.
Edinburgh-based startup, Boundary is preparing for the official launch of its smart home security system in August, and will use the funding to complete product testing and for its post-launch operations.
Ag-tech startup, Consumer Physics, is introducing SCiO Cup – according to the company it is the world’s fastest, portable, lab-grade forage dry matter analyser. The smartphone-operated device transforms feed analysis by enabling frequent dry matter analysis. SCiO Cup enables on-farm decision making ensuring consistent dry matter intake and reducing feed leftovers. In addition, SCiO Cup can be used on-field for planning silage harvest timing at optimal moisture levels.
Online shopping is arguably one of the best inventions out there. Nothing beats that feeling of joy when your parcel arrives! But what about the times when your parcel isn’t successfully delivered and you arrive home to find a ‘sorry we missed you’ card through your letterbox? iParcelBox solves the problem of missed deliveries, providing a smart, secure and weatherproof parcel delivery solution that users can monitor and control from their smartphone.
Roundups is a new donation app that helps charities with their fundraising whilst the economy continues to battle through challenging times. The app links with users’ payment cards in order to round up their payments and donate pennies to their chosen charity as they spend.
White Castle has announced a planned pilot with Miso Robotics – creators of the autonomous grilling and frying kitchen assistant, Flippy – to accelerate the adoption of Artificial Intelligence and robotics in the restaurant industry.
The startup driving intelligent automation for commercial kitchens, Miso Robotics has announced its first funding round in the UK. The services sector is seeing a new impetus for automation as it builds back better post pandemic, ensuring more resilient businesses, safer working environments and food production for staff and customers.
Deutsche Messe premiered a startup category for the HERMES AWARD, presenting Mitra Sejahtera Membangun Bangsa, a young company from HANNOVER MESSE partner country Indonesia, with the new award. The jury, chaired by Prof. Dr. Reimund Neugebauer, President of the Fraunhofer-Gesellschaft, selected the winner for its Smart Farming 4.0 project.
The home kitchen and dining area have become the most lucrative money making locations in Britain, that combined are generating £37.4bn to the British economy during lockdown – that’s being coined as ‘Kitchen Table Talent’. The research commissioned by Attic Self Storage, revealed that although restrictions are being lifted, 41% of office workers are expected to continue their jobs from home, with 44% saying it’s the most productive place they have ever worked.
The data from Close Brothers Asset Finance’s latest research is now available on its free-to-use SME Data Hub. Conducted in late June and early July in partnership with Kantar, the research focuses on the impact of the COVID-19 pandemic.
European digital asset manager focused on the affluent market, LIQID has added venture capital to its growing alternative asset offer, which already includes private equity and private equity real estate.
Are you working at home and struggling to maintain productivity? For the majority of Brits currently working from home due to the COVID-19 pandemic, and for those looking to do more home working in the future, flexible office specialist, Workthere, has shared 10 tips on how you can create an office space that leads to maximum productivity.
Former Capita Travel and Events CCO, Trevor Elswood has joined meetings management platform, Wizme as non-executive director.
Beekeeper, the first communication and operations platform designed specifically for frontline workers – announced a $10m extension on their series B round today. The extension brings the round’s total to $60m.
Sage has launched new research revealing 62% of Small and Medium sized Enterprises (SMEs) have made or are planning to make redundancies following the COVID-19 pandemic. This equates to 1.4m jobs at risk if the Government fails to take decisive action now.
Re-skilling Britain’s workforce for the economy of the future has acquired a new urgency post lockdown, as COVID-19 has dramatically accelerated long term trends towards digitalisation and distance working.
