Vira Health, a digital health company focused on improving long term health for women, has raised £1.5m in seed funding from LocalGlobe, MMC Ventures, and angel investors including Megumi Ikeda, Managing Director, Hearst Ventures, Andrea Zitna of Elvie, former Spotify executive Sofia Bendz, founder of GoCardless Matt Robinson, and Simon Lambert, former CTO, MOO.com, and Treatwell.
It’s no secret that the pandemic has significantly challenged the events industry. Even with lockdown restrictions lifted, a hesitancy to return to large indoor events is predicted to continue for some time. In order to meet these changing customer needs and help to revive corporate events safely, Eventurous Ltd, a full-service events agency near Atherstone in the West Midlands, has launched an exciting new tipi hire service - creating an unusual and inspiring venue solution for business use.
TOCA Football, the world’s only technology-enabled soccer experiences and entertainment company, today announced the completion of its Series E funding round, totaling $40m. Leading the round are current investors WestRiver Group (WRG), RNS TOCA Partners LLC, and D2 Futbol Investors, LLC., who are joined by a group of new investors including Jared Smith, co-founder and former COO of Experience Management (XM) company Qualtrics. This round brings TOCA’s total capital raised to $105m.
As we say goodbye to lockdown restrictions, new research from Sky Connect, Sky’s new B2B telecoms business, celebrates the strength and adaptability of British small businesses with a third revealing that the secret to their resilience over the past year is sheer hard work and motivation. The majority of the UK’s SMEs (80%) - which make up over 99% of the business population - believe they have shown resilience at its best throughout the pandemic.
As we successfully hosted the 2021 Hustle Awards last night at the Finsbury Business Centre (in-person finally!) and had a virtual livestream too, we saw five incredible startups take the prize across the five different categories, plus an array of talent that was also shortlisted and five amazing runner-ups. But not only that we saw our community again, and what an amazing feeling that was to be able to speak to some of you face-to-face!
The UK’s first-ever ‘Laptop Library’ has launched to help support and educate the nation’s most underprivileged children. The initiative, launched by grassroots charity CC Foundation in partnership with leading IT service provider Totality Services, will give hundreds of children access to use and borrow laptops.
Greyparrot, the London based tech company disrupting the recycling industry by providing waste analytics to monitor, sort, and audit waste at scale, was selected among hundreds of candidates as one of the World Economic Forum’s “Technology Pioneers”. Previous to founding Greyparrot in 2019, co-founders Mikela Druckman, Ambarish Mitra and Nikola Sivacki had built some of the most cutting edge deep-learning computer vision systems in the world. Now they are committed to applying this technology to the recycling sector, extracting the value of materials that would otherwise end up in landfills, oceans or incinerated.
Innovate UK is releasing new data which reveals the proportion of women setting up businesses has not only remained stagnant at just over a quarter of the total number of new businesses for the last decade, but seen a slight dip since 2010/11 when it was at 28.7%, compared to 27.3% today. Innovate UK’s Women in Innovation Awards looks to help balance the playing field in business by providing more support to female entrepreneurs from across the UK.
Digital insurer Getsafe recently reached two significant milestones: With 10,000 customers in the United Kingdom and close to 200,000 customers in its native market, Germany, Getsafe is now the largest neo-insurer in Europe. The company currently offers contents insurance with five extensions in the UK and a larger product portfolio in Germany.
Over the course of the last year and a half, online shopping and e-commerce has, at times, been the only way consumers have been able to shop, leading to record breaking rises in people engaging with online retailers. This record volume of e-commerce purchases in 2020 has resulted in a corresponding surge in returns made by consumers who have either changed their minds or aren’t satisfied with their purchase after delivery.
The Hustle Awards 2021 is very nearly here and we cannot wait to celebrate with you all next week - whether that be from the lovely Finsbury Business Centre and Clerkenworks or from the comfort of your own sofa. From startups to freelancers, The Hustle Awards aims to recognise all the founders, co-founders and team members that have disrupted, impacted and taken a risk or a leap of faith with their business. But who has made the shortlist...
Unibuddy, the number one peer-to-peer university recruitment platform that has helped 770,000 students from over 180 countries make better decisions about their higher education journey, has raised $20m in funding. The Series B round was led by Highland Europe with additional participation from Stride.VC. Unibuddy has raised a total of $32m since its inception in 2017.
European Innovation Council (EIC) Fund is investing €5m in the Israeli medical startup, NanoVation, for accelerating the development of its high accuracy respiratory monitor and for launching initial marketing efforts in the EU. The investment is part of the EIC’s strategy to identify and support high impact startups and small companies and assist them in scaling up game changing technologies.
Bia Care has launched its virtual clinic to improve menopause care by combining technology with personalised treatments. The remote care solution ensures that women are provided with the knowledge needed to control their symptoms, access clinically-validated treatment options, and are given the ability to share their experiences in a confidential setting.
Fertility, menopause, maternity and gender confirmation benefits are often only available from health and wellbeing packages for the very largest corporations. As a specialist in supporting SMEs and startups, Towergate Health & Protection is now making this level of progressive care accessible to companies of all sizes.
Desana, a startup transforming how global employers utilise workspace, has announced that it has raised a $4m seed round. The oversubscribed round was led by Berlin-based PropTech 1 Ventures, BGF and existing investor Techstart Ventures, with participation from GroundBreak Ventures and the Accel Scout programme.
Now in its second year, the ABB Electrification Startup challenge saw an unprecedented level of entries from global startups across 28 countries. Competing applicants took up the challenge to seek out and develop next generation solutions using IIoT and digitalisation to enable a low-carbon society and provide sustainable practices.
Leading sports travel operator, Sportsbreaks.com, are the first platform to provide match breaks for Chelsea’s 2021/22 Premier League fixtures. With the announcement of their Official Ticket and Hotel Breaks for the upcoming Premier League campaign, Chelsea fans can purchase their tickets from £129pp. Thanks to Sportsbreaks.com, fans can beat the rush, and secure their Premier League match breaks before they go on general sale.
Israeli startup proves that AI and computer vision remove the need for cell biopsy in testing embryos
Israeli startup, AiVF has unveiled a scientific study which shows for the first time that genetic characteristics in embryos can be extracted using novel AI-based computer vision technologies. The study, presented this week at the prestigious ESHRE (European Society of Human Reproduction and Embryology) annual conference, was carried out by researchers at AiVF, which specialises in AI technology for digitising IVF (In Vitro Fertilisation) clinics, together with researchers led by Dr. Marcos Meseguer from the IVIRMA clinic in Valencia, Spain.
UnderPinned has hit its funding target of over £500k within an hour of going live on crowdfunding platform Crowdcube. Having quadrupled their community and launched accelerator programme with day one profitability since their last round, they’re raising to amplify marketing and further enter US & European markets.
ReLondon is set to convene leaders and innovators from across the capital and beyond for the fourth Circular Economy Week (#CEweekLDN), which took place 14th – 18th June. The week showcased some of London’s most promising circular economy approaches to inspire action and encourage organisations and individuals to waste less and reuse, repair, share and recycle more. The aim is to promote polices, practices and behaviours that can accelerate the growth of the circular economy and place it firmly on the agenda for the UN Climate Change Conference (COP26) in November.
TravelTech Show, taking place virtually on 14-15 September 2021, has committed to supporting startups in the travel technology space by creating a £25,000 fund that startups can apply to access. The fund supports startups from across the globe founded with the last 48 months and have not raised more than £2M in funding with subsidised exhibiting options and additional marketing and PR support.
CRL have shortlisted 16 startups as potential participants for the CRL Accelerator programme. Over the past six weeks, the CRL team have been working with the group, supporting them to identify the biggest questions and assumptions that need to be understood before they could progress their business to the next stage.
According to government data, SMEs made up over 99% of the total business population at the start of 2020 - and this is the reason why thriving SMEs remain the backbone of rebuilding our economy. Across the UK, SMEs are getting back on their feet, employing workers and providing important services which fuel our local economies.
Launching this month, British brand The Good Level offers high quality, full spectrum CBD oils, balms and jellies all made with UK-grown hemp. Born of the founders’ frustration in trying to find consistently high-quality CBD products for themselves, The Good Level’s range of cold-pressed CBD products offer a natural choice to support daily mental and physical wellbeing.
Israeli agritech startup, Edete Precision Technologies for Agriculture, which has thus far focused on developing a technological solution for artificial pollination of insect-pollinated crops such as almonds, is expanding its services to wind-pollinated crops. They will start with pistachios, one of the world's fastest growing crops.
Next September 14th and 15th, more than 100 international experts will participate in a new edition of ICT Spring, the renowned tech summit. The event, organised since 2010, will take place at the European Convention Center Luxembourg, at the very heart of Europe: ICT Spring will therefore be the first largest in-person event of the year. Today, the organisers are announcing the various topics that will be discussed during the different summits, as well as the first experts who will share their knowledge and best practices, during what promises to be an exceptional edition.
Kaelo is a design company on a mission to create a brand new global product category, providing the drinking experience of the future. Founded by serial inventor, Kevin Jabou, the company’s first product is described as an open bottle host; a fully patented dry-cold chamber that can be integrated into any table or countertop, to serve a drink perfectly chilled.
London-based tech startup, UtterBerry has recently developed innovative 5G technology, which will transform Welsh farming and tourism thanks to funding and support from the Department for Digital, Culture, Media and Sport and the Welsh Government. Now the technology is ready, UtterBerry will begin revolutionising farming and tourism through the DCMS 5G Testbed Project.
The UK has seen a huge rise in the number of independent businesses being set up over the past year. New analysis from The University of Law Business school shows 854,948 independent businesses have been established since 23rd March 2020, representing a 43% increase compared to the same period a year before (594,957).
Tractable, the AI company helping insurers with accident and disaster recovery, has announced a $60m Series D investment led by Insight Partners and Georgian. The round doubles the total raised by Tractable from $55m to $115m and values the company at $1bn - making it the UK’s first computer vision unicorn.
Research from Ezra, provider of digital coaching, has found that UK employees are working longer hours than ever thanks to remote working. However, the lack of structured office hours is having a detrimental effect on employee work-life balance and wellbeing and, therefore, the quality of their work.
The first Event Tech Live (ETL) US and Canada wrapped on Thursday 10th June, content keeping to the high mark set on days one and two, Top Tech to Embrace to Achieve Effective Gamification and Back to the Future, Perhaps among the sessions and Canapii winning gold in the coveted StartUp Competition.
Hays Technology, the recruiting experts and global super connectors, Empact Ventures, have launched ’Super Connect for Good’ for the second year running, a European ‘Tech for Good’ competition in a bid to uncover the best emerging tech startups and scaleups creating a positive impact on people’s lives through technology.
The UK needs a new order of chivalry specifically to recognise invention and innovation and elevate the status of entrepreneurship, science, and technology in the eyes of the public, according to think tank, The Entrepreneurs Network. The proposal - outlined in a new report, Honours for Innovators, and supported by MPs and leading figures from the UK entrepreneurship and technology community - would see the 'Elizabethan Order' honour up to 273 individuals each year for their achievements and contribution to innovation.
The mobile tax assistant, Taxfix strengthens its management level with expertise from Silicon Valley and the banking sector. The two new additions, Bjoern Heckel and Franziska von Arnim, will support the Taxfix leadership team and take strategic growth to new heights in the next phase of Taxfix’s development.
VenueScanner has secured a $1.5m funding round led by Rianta Capital and ACF Investors. Launched to enable individuals, businesses and event organisers to find better and more affordable venues, it is helping undiscovered and independent venues reimagine how they use their space and fill their down-time.
The Modern Milkman, a fast-growing sustainable grocery startup that offers doorstep grocery delivery in return and reuse packaging without single-use plastics, has announced the closing of a funding round led by global venture capital and private equity firm Insight Partners. Existing investors ETF Partners and Serial Investor Simon Murphy also participated in the round.
Alibaba Group’s Tmall Global has announced the launch of the UK and Ireland edition of ‘Go Global 11.11 Pitch Fest’, a virtual event designed to help international brands grow their businesses globally. Following the success of Pitch Fest 2020 in the US, the programme will be opened up to British and Irish brands looking to find success in China.
The application of artificial intelligence to automate diagnostics is one of the solutions that are already being implemented. DES2021, in collaboration with EIT Health, has brought together experts from companies such as T-Systems Iberia, Novartis and Ferrer to analyse the impact of technology on the health and pharmaceutical sector.
Reactive Reality, the leading augmented reality (AR) company increasing sales and brand loyalty for fashion e-commerce brands by enabling them to offer virtual fitting rooms to their customers, has announced the opening of a new office in Minato-ku, Tokyo along with the appointment of their Japan Country Manager, Keiichi Iwamoto. This move continues the company’s international expansion, adding to offices in Graz, Austria, and Milpitas, California.
Swedish tech startup, Staccs, has launched its brand new, premium streaming on-demand service for filmed music concerts in the Nordics. Opening the doors to a world of iconic and legendary concert moments, Staccs is providing fans the opportunity to relive their favourite gigs, on demand, advert free - and in the highest quality possible. It also opens up new revenue streams for the music industry, whereby legacy video content can be marketed in a new and innovative way - benefiting the content owners. The new home for concerts on demand, Staccs presents a new and unique commercial opportunity for the industry.
Banco Santander (through Santander Universities) and Oxentia Foundation are launching the Santander X Global Challenge | Helping Businesses Prosper for entrepreneurs with innovative, scalable solutions to help SMEs - the main driver of economic growth, job creation and social unity - digitalise and be more efficient.
Mobility technology company, WhereIsMyTransport is set to successfully close the second funding round for capital to expand its already impressive portfolio of mobility data and solutions for emerging-market megacities. This will bring the total raised by the company during its Series A funding to $22m.
Black, Asian and mixed background tech entrepreneurs from London and Greater Manchester will join a five-day virtual trade mission starting today (7th to 11th June). The mission will see fifteen companies ‘touch-down’ in North America to meet with corporates and startups to explore new investment and export opportunities and accelerate their expansion plans in the US market.
Kavida.ai, a supply chain resiliency startup, founded in 2020, has secured £300,000 ($425,000) in pre seed capital from strategic investors. The company provides enterprises with decision intelligence tools to prevent and mitigate supply chain disruptions in a range of sectors including apparel, FMCG, food, retail and pharma.
The competition enforcer’s new regulator for Big Tech risks damaging competition and innovation in the UK, argues a report from The Entrepreneurs Network and the International Center for Law and Economics (ICLE). The report argues that by limiting acquisitions, and implementing a series of burdensome regulations around product changes, the regulator will decrease the amount of funding going to startups, and hurt Big Tech firms’ attempts to compete with each other.
We know that when starting out it can be very daunting and you may need a little help when it comes to direction, discipline and planning. That is why we have decided to create another version of the extremely popular Survival Guide. Brought to you by Startups Magazine and Digi-Key Electronics, this second edition of the Survival Guide brings you resources in the ten step entrepreneurial journey.
Majority (83%) of UK cities are interested in acquiring office space, indicating an increased demand in returning to the physical workplace, according to insights from Orega Offices. The findings were based on data obtained from 18 cities across the UK, analysing average keyword monthly search data to reveal ‘the cities where office space is most-in demand’.
The NatWest Accelerator supports and empowers UK entrepreneurs and business owners to scale their businesses to the next level. Through our specialist Accelerator programmes we provide wrap around support and access to expertise, removing barriers and providing more opportunities to help customers grow.
New research from GovGrant, with data commissioned from CBI Economics, has revealed that just 10% of UK SMEs own Intellectual Property (IP) rights. This scenario is further exacerbated by the fact that the UK’s top ten patent applicants are predominantly made up of large firms, but still make up almost a fifth (18%) of IP applications. This suggests large firms dominate SMEs when it comes to applying for patents.
Creative England and the British Business Bank’s Start-Up Loans programme have announced a new partnership, establishing an accessible source of financial and business support for creative entrepreneurs across the UK. The partnership provides vital support for creative businesses - many of whom struggle to access traditional forms of finance - to start, grow and develop their IP.
COVID-19 rocked the world and demanded many changes to the way we went about our daily lives. As a result, this pivotal year has led to a renewed focus on the health of our planet post-pandemic. Many have recognised the positive reaction to the world slowing down on our natural surroundings, and many have taken the opportunities that this huge period of change has offered to drive their ambition to make a difference.
Business festival sTARTUp Day has announced the programme of this year's hybrid event. The festival brings to the stage over a hundred speakers in the course of two festival days and one side event day. On 25th-27th August, the Estonian National Museum in Tartu will become a meeting place for all the startup-minded people, with performers sharing their experiences on four stages, dozens of practical seminars, sTARTUp Pitching Powered by EstBAN, and many side events.
GEICO, the second-largest auto insurer in the US, is partnering with Tractable to accelerate its auto claim and repair process. Tractable’s proprietary computer vision technology, trained on millions of historical claims, assesses vehicle damage like a human appraiser. Inserting AI into the process, GEICO will be able to accurately review estimates within seconds while also reducing administrative overhead.
ICAS World Ltd (ICAS), a global provider of mental health and employee wellness services has acquired the NHS-commissioned mental health tech startup, Hello Tomo. The acquisition is the first major milestone for ICAS as it rolls out its new global digital health strategy, tapping into the $121bn mental wellness market and expanding its support for the 790 million people around the world currently affected by a mental health condition.
UK-based business, Cook My Grub, has exceeded its initial fundraising target by 150%, raising over £750,000 in just four weeks after receiving major investor interest. The challenger brand, which was conceived and launched within only seven months, is expected to shake up the food industry with a revolutionary platform that provides hungry local diners with access to home-cooked food that isn’t available on the high street.
A new ‘coinless, not cashless’ solution by British startup Shrap has just started real life trials - with the first in Rochford in Essex as part of Community Access to Cash Pilots and will run until the end of September. Shrap will enable businesses such as pubs, cafés, restaurants and shops to continue to accept cash but without the hassle and expense of coins. The trial is backed by major banks, consumer groups and business organisations.
To raise awareness of the importance of pollinators, the threats they face and their contribution to sustainable development, the UN-designated 20 May as World Bee Day. In Cork, an Irish Agtech startup, ApisProtect is working on revolutionising beekeeping by working with beekeepers around the world to develop innovative technology to remotely monitor honey bees.
Algbra, a sustainable and values-focused digital finance provider dedicated to bringing an end to community and ethnicity based financial inequality has launched. Founded by Chief Executive Zeiad Idris and Chief Operating Officer Fizel Nejabat, the firm’s mission is to educate, engage and empower overlooked minority communities and facilitate their ability to take control of their finances. Algbra has raised £3.75m in fundraising and is backed by SFC Capital, British Business Investments and New World Group.
Diversity VC, Crowdcube and Frontline Ventures has announced the launch of the ‘Diversity VC: Parental Leave Guide’ as part of a collective of 25 top VC and tech firms. The guide, a first of its kind for the VC industry, aims to set the standard for parental leave policies and offers step-by-step advice on how VCs can create them. The guide is focused on the UK, and we hope the principals will be useful for other countries.
Banco Santander (through Santander Universities) and Oxentia Foundation are launching the Santander X Global Challenge | Helping Businesses Prosper for entrepreneurs with innovative, scalable solutions to help SMEs - the main driver of economic growth, job creation and social unity - digitalise and be more efficient.
Businesses are sleepwalking towards a costly talent exodus, with four in ten employees (38%) looking to change roles in either the next 6 or 12 months or once the economy has strengthened - rising to 55% for 18-34 year olds. That’s according to new research from Personio, the all-in-one HR software solution, which is calling on businesses to prioritise their people as we emerge from the pandemic, or risk paying the price.
As major economies reopen across the globe and consumer confidence rises, Sage has unveiled the true levels of resilience and optimism amongst SMEs across the UK, US and France. Sage’s recent sentiment survey shows that SMEs - the economic backbone of many countries - have reached a turning point and confidence has largely returned.
Absence management platform, e-days, has launched its Absence Risk Profiling Report informed by its work with 5,000+ businesses over the last 10 years. The comprehensive report summarises a decade of anonymised data collected on businesses that are looking to improve absence and compresses years of conversations, analysis, and market statistics into one report.
Israeli startup, EVR Motors has unveiled an innovative electric motor, based on a new patented topology, which it calls TSRF (Trapezoidal Stator Radial Flux). The company has successfully developed and tested the first prototypes of its lightweight and compact TSRF motor. EVR expects its new motor architecture will be adapted to a wide range of vehicles in cooperation with automotive OEMs and Tier 1s. A production-ready motor is scheduled to be introduced to the global market later this year.
Regardless of size, recruitment is often one of the most difficult areas for businesses to handle. Finding that vital talent via recruitment agencies requires an upfront investment that many businesses simply don’t have. The alternative, the DIY approach, is deeply time-consuming, taking anything from 12-40 hours from application to hire and it’s very easy to get wrong if you lack the experience.
On February 5, 2021, a hacker initiated a cyberattack on a small water plant in Florida. If successful, the attack would have caused multiple health complications for the 15,000 residents that the plant provides water for. This is just an example of the disastrous consequences of cyberattacks on smaller companies. But how to avoid them?
A series of backers, including former c-suite executives from Barclays, American Express, Expedia and Hertz have invested in family travel tech startup tripAbrood, to further develop its revolutionary AI-powered family booking experience. tripAbrood has raised £645,000 seed funds in its second round of funding, bringing total funding to just shy of the £1m mark. It comes seven months after its September 2020 beta-launch.
Sprout.ai, the insurtech that enables insurance claims to be settled within just 24 hours, has announced that it has raised £8m/$11m in Series A funding. The round was led by one of Europe’s largest and most active early-stage investors, Octopus Ventures, and was joined by existing investors, Amadeus Capital Partners, Playfair Capital and Techstars.
Thanks to the new advancement, hoteliers will be able to manage multiple properties all in one place. Built by Bidroom’s in-house team of technical experts, the new web application offers a simpler solution for managing bookings and room rates, and an intuitive content management platform designed to easily update hotel information, images and offers.
Diginex Solutions, the disruptive impact technology company helping to solve the world’s most pressing challenges, has launched DiginexESG to help companies of all sizes and reporting experience make their ESG reporting faster, easier and more affordable. The platform also enables large organisations to collect ESG data in their B2B client network, allowing them to make more educated decisions around risk, lending, and value.
Miso Robotics, the startup transforming the foodservice industry with intelligent automation, announced the release of its standalone software as a service (SaaS) offering, CookRight. Packed with expanded cooking capabilities and accessible through an affordable subscription model, CookRight is the world’s first artificial intelligence (AI) powered cooking platform able to automatically identify and track products and tasks.
The Mathys & Squire Scaleup Quarter team hosted a virtual pitch event on Monday 26th April 2021 to celebrate World IP Day. The theme for 2021 was ‘IP and SMEs: Taking your ideas to market’. With SMEs making up over 99% of all UK businesses and contributing around half of all business turnover in the UK, the importance of supporting such businesses in their growth and development is clear for driving economic recovery and human progress.
LOT Network, an international community of high-tech companies committed to protecting its members from costly litigation from patent assertion entities (PAEs, also known as 'patent trolls'), welcomes space tech startup company, Orbital Exploration Technologies (OrbitX), to its membership of more than 1,400 members. OrbitX is the first commercial space venture in the Philippines.
The 'NINJA Accelerator in Kenya' - powered by the Japan International Cooperation Agency (JICA), in partnership with Double Feather Partners (DFP), Deloitte Tohmatsu Venture Support (DTVS), Deloitte Tohmatsu Financial Advisory (DTFA) and GrowthAfrica - kicked off this week with a virtual event hosted in Nairobi, highlighting five high potential Kenyan ventures, a tailored but intensive programme, as well as a chance to take part in an international experience from Nairobi to Tokyo, and now Silicon Valley.
London-based AI scaleup, Vivacity Labs has been honoured with a Queen’s Award for Enterprise. The Vivacity Labs team was awarded the Innovation Award for its technology that supports government, regional bodies and local councils to re-think and optimise the way traffic and transport infrastructure is built and used.
Suss Ventures has backed five investment deals with a combined value of £570,000 in under half a year. The new investor matching service is funded by Sussex Innovation, the business incubator owned by the University of Sussex. Since it’s foundations in 2019, Suss Ventures has welcomed over 100 investors and fundraisers into its growing community and has hosted quarterly events welcoming over 300 attendees, comprising investors and founders.
Funding Options, the marketplace for business finance, has launched Funding Cloud, a technology and data-driven platform that will bring unparalleled scale and speed to the SME finance sector. Lenders including Just Cash Flow, iwoca, YouLend, Optimum Finance and FIBR have already integrated with Funding Cloud to benefit from its innovative technology and as a highly efficient channel for customer acquisition. By Q4 this year, the company expects to have more than 30 lenders fully integrated.
From better work-life balance and wellbeing to zero commute time, working from home is said to have more than a few perks. According to a recent study by Instant Offices, Britons who have been working from home have accumulated 1.2 billion extra hours which means a mammoth figure of £21.9 billion worth of unpaid overtime is lost.
Conducted by Frank Recruitment Group's specialist Salesforce recruitment arm, Mason Frank International, the survey asked over 1,800 IT professionals from around the world for their opinions on the tech jobs market, salaries, and benefits. The findings showed that 54% of respondents who would consider relocating to the UK for work would be open to pursuing opportunities beyond the capital. Among the cities mentioned by respondents as potential relocation options include Newcastle, Liverpool, and Leeds.
To mark Earth Day 2021, creative workspace and accelerator, Huckletree has announced a second wave of speakers for its upcoming Earthrise Summit, a virtual festival to unite sustainability leaders, founders, politicians, change makers and innovators from all corners of the world - to inspire people to take action.
Payhawk, the platform for payments and expense management, has raised $20m. The Series A round is led by the US-based fund QED Investors, which has a strong track record of investing in 18 fintech unicorns, including Klarna and Nubank. Existing investor Earlybird Digital East, who led the $3.6m seed round in March 2020, is also contributing fresh capital.
Research from Ezra has revealed that a fifth of UK workers feel they get less recognition within their career as a direct result of working remotely. It remains to be seen to what extent we will return to a full working environment, as COVID-19 restrictions see many continue to work from home for part of, if not their whole working week.
Suss Ventures have contributed a six-figure sum alongside a multi-million investment drive. This raise marks a huge success for Suss Ventures who are synonymous with sourcing sustainable businesses for their community of impact-driven investors and corporate partners. The zero-effort payment system eliminates the worry of parking fines and is completely cashless, automated and secure.
When a startup embarks on the entrepreneurial journey it can be very daunting, and you may need some help and guidance along the way. Here at Startups Magazine we have created our second Survival Guide issue, sponsored by Digi-Key, which will give you in depth advice and information from some of the industry's leading experts.
Vistage, business performance and leadership advancement organisation for small and medium-size businesses, has found that over 3 in 4 (74%) of SME leaders expect economic conditions to improve in the next year. The report has also found that a majority (84%) of companies anticipate revenue will continue to improve in the same period of time.
GENIE, an automated talent agent for the creative industry, has announced the closing of its second funding round, led by female led corporate advisor, Adelpha, taking their total funding to-date to £1.75m. GENIE also announced advertising industry legend, Sir John Hegarty as Chairman, as the team look to disrupt the ways companies hire talent in the post-COVID world.
On Tuesday, 6th of April, the new European rural innovation initiative REinA (Rural European Innovation Area) was launched. An initiative created with the aim of reducing the gap between the two sides of Europe and Spain, a growing and thriving urban side opposite to the empty, rural and deprived of a true future.
Over the past year, remote working has proven to be less of a hindrance and more of a benefit to a lot of UK businesses. As a result, business decision makers are more flexible when considering candidates for employment, with new research revealing that nearly three quarters (73%) are open to hiring people from anywhere in the UK, rather than just those local to their business.
International challenge to innovate the football of tomorrow with inclusion, diversity and sustainability
Banco Santander and the Global Sports Innovation Center powered by Microsoft (GSIC) present FootballCan 2041, a joint initiative to create the best innovation solutions to make football more inclusive, diverse and sustainable. This initiative aligns with Santander’s purpose to help people and businesses prosper, and with its strategy to have a positive impact on football and society.
Prsnt have raised £180,000 through Suss Ventures, the bespoke investor matching service at Sussex Innovation. The tech startup aims to dominate the gifting marketplace, by creating a peer-to-peer gift exchange platform to leverage the ‘feel good' factor of giving and receiving gifts. The investment will be used to streamline the app after its successful beta testing, and to grow its user base as part of ongoing business and technological development.
Attic Self Storage has announced the launch of its eCommerce Accelerator Program, to celebrate the official opening this week of its brand new facility in Harrow, London. Attic also has several other sites across London, so will be championing budding entrepreneurs in the capital by offering them free units, workspaces and funding to help them scale their enterprises.
Empathy, a platform helping families navigate the journey they face after losing a loved one, has announced the launch of its application on iOS and Android for users across the United States. Empathy’s technology-enabled platform is designed to guide families experiencing loss with purpose and compassion. Empathy is backed by $13m in a seed round co-led by General Catalyst and Aleph.
The fifth edition of Digital Enterprise Show confirms its celebration in person at IFEMA, bringing together the entire technological ecosystem. DES2021 will guide Spanish companies to take advantage of NextGeneration EU European recovery funds and find the technological partner to drive the transformation of their business model.
New data released today by Innovate UK, points to a dramatic increase in the number of young people setting up their own businesses in the last decade – with the number nearly doubling (98% increase) from 2009 to 2020. What’s more, despite the pandemic - and in some cases inspired by the impact of COVID-19 and the subsequent lockdowns - numbers continued to jump in 2020, with a 15% increase in the number of young people starting their own businesses from 2019.
Small businesses have been some of the worst affected by the COVID-19 pandemic, lacking the resources needed to recover in the same manner as bigger companies. The new Help to Grow scheme announced by the UK Government plans to help small and medium enterprises (SMEs) develop their digital competencies and boost their profits, while helping the nation expand its technological infrastructure. Here Neil Bellinger, head of EMEA at automation parts supplier EU Automation, explains what the new initiative means for the manufacturing sector.
Oxford Medical Products (OMP) has raised £1.2m in seed investment to develop a safe and affordable weight loss capsule, which uses the same mechanism of action as a gastric balloon, but can be taken at home. The funding will be used to complete pre-clinical testing, upscale and outsource manufacturing and grow the team.
Creative workspace and accelerator, Huckletree has announced international law firm, CMS to join as their first sustainability programme partner alongside Silicon Valley Bank, and A/O Proptech - Europe’s largest proptech VC firm. All three will provide support and services to Huckletree’s educational programmes, members and events.
The next Mayor of London’s TechInvest, taking place 27th April, will celebrate 10 of London’s pioneering HealthTech startups. This upcoming TechInvest instalment will seek to identify industry leaders that are converging technologies with medicine and healthcare to improve the efficiency and delivery of prediction, prevention, diagnosis, treatment and care.
Like Minded Females (LMF) Network joined efforts with online business school Jolt and technology venture firm, Balderton Capital to grant five Future Leaders scholarships to rising female tech talent from LMF’s community. The full bursaries will allow them to attend Jolt's Switch course, a programme designed to create pathways for those who want to begin a career in tech.
LawtechUK, the government-backed initiative within Tech Nation, to help transform the UK legal sector through technology, today brings to a close the Pilot stage of the first Lawtech Sandbox - a research and development initiative for lawtech scaleups - following a successful three month trial period.
A year since it was awarded CBILS lender status, responsible lender, AskIf, can now reveal it has approved close to £4m to deserving SMEs and micro businesses, playing an essential role in the national push to help businesses survive and thrive. AskIf has delivered on its mission to be an inclusive lender with 17% of CBILS loans distributed to BAME-owned businesses, and 22% to female-led businesses.
New research by money.co.uk has crowned Google as the most successful company to be started at university. The search engine sits at the top of the university startup league table with a current market capitalisation of $1.27 trillion (£926 billion). This is 12.7 million times greater than the $100,000 initial funding the company received in 1998.
Launching one year after the first lockdown, creative workspace and accelerator, Huckletree has launched a new campaign with Otherway to address the year that’s been, celebrating the founders persevering and innovating despite the pandemic, whilst inspiring the companies of the future to be brave in the face of adversity.
UK startup, LGN has secured $2m in funding to help businesses outpace their competition by building better and more resilient AI models, faster and at scale. With backing from the likes of Trucks Venture Capital, Luminous Ventures and Jaguar Land Rover, LGN supports enterprises to scale out their use of edge AI and accelerate learning in the real world, rather than in labs and test environments. The company will use the investment to continue its mission of getting AI into the real world.
Ihqlak Hussain’s new book, SUCCEED!: An Inspirational Toolkit for the Serious Entrepreneur, dives into the author’s own personal experience, coming from a tough background, working hard and successfully achieving his goals. This book offers easy to understand and must-read advice for budding entrepreneurs designed to highlight how to plan, develop and execute a new business venture.
Plymouth Startup Weekend is back this spring with a big question for business brains and creative thinkers everywhere: How can our cities rejuvenate culture and tourism post-pandemic? For Britain’s Ocean City, which was picked as one of the top ten places to travel in 2020 by Condé Nast Traveller magazine, this is an even bigger question.
Rishi Sunak has predicted a rise in hybrid or flexible working in local hubs once the pandemic is over. Speaking on the Politico Westminster Insider podcast this month, he cited the rise of 'neighbourhood' serviced offices springing up across New York, and thinks these small local hubs for people who want to avoid the commute but don't want to work at home is something that should be picked up in the UK.
As the vaccine continues to be rolled out across the UK, business confidence is at its highest point since the beginning of the pandemic. Here, businesses continue to be overwhelmingly supportive of the Government’s approach to help companies through COVID-19, with nearly four fifths either somewhat or very supportive of their initiatives.
Xero has announced it has signed BDO as a Xero Global Partner, as part of a new three year global agreement. Xero will become BDO’s preferred accounting solution for its Business, Services and Outsourcing clients in the small to medium business space - significantly growing the number of BDO clients on Xero over the next three years.
incspaces, a space-as-a-service operator with locations across London, Leeds, and Manchester, is urging workers to consider supporting their vital local economies as they begin to return to the office later this year. Under the Government’s roadmap to recovery, office workers are expected to begin a phased return to the workplace from 12th April as an increasing number of businesses are given the green light to reopen. The team behind the growing flex space initiative is keen to use this as an opportunity to support small firms.
We are currently living in two versions of Europe, on one hand, there is a thriving urban one, with big cities such as Madrid, Berlin, Brussels, Paris, Milan, etc., and on the other hand there is rural Europe, depopulated and lacking in possibilities, in a continuous decline and without horizon or prosperous future.
Sure Valley Ventures, the venture capital firm that invests in early stage software companies, has announced that it has led a Seed investment round of £1m for Polience Limited (“PreCog”), a security solution platform company that is able to provide data intelligence to combat crime, terrorism and protect vulnerable people.
Tech Nation has announced the release of its annual Tech Nation Report, the ultimate state-of-the-nation report on the UK tech sector. In its seventh year, the report lifts the lid on tech in an extraordinary 2020, revealing how the sector has changed, who the top performers were through the year, and the challenges and opportunities the UK faces as it navigates out of the pandemic and leaving the EU.
Global online sales grew 27.6% in 2020 to reach $4.28tn and the number of transactions needing customer support increased from one-in-eight to one-in-six. In response, eCommerce customer service specialist, eDesk is supercharging support for its 23,000 agents with AI advancements, expediting the company product roadmap.
The fourth edition of ChangeNOW has announced digital broadcasting from Paris and other live locations worldwide. A significant milestone for the planet, with the online streaming of inspiring content and meetings of impact actors, to create a global momentum of multi-stakeholder collaboration on our century’s issues.
Deci, the deep learning startup building the next generation of AI, has announced a broad strategic business and technology collaboration with Intel Corporation to optimise deep learning inference on Intel Architecture (IA) CPUs. As one of the first companies to participate in Intel Ignite startup accelerator, Deci will now work with Intel to deploy innovative AI technologies to mutual customers.
University of Bristol spin-out CytoSeek has raised a £3.5m seed round to develop new cell therapies to treat solid tumours in cancer patients. The funding is led by Science Creates Ventures (SCV), Bristol’s new deep tech EIS fund for science and engineering startups, and is the firm’s first investment since announcing its venture capital fund last December.
Ibex Medical Analytics, the pioneer in AI-powered cancer diagnostics, has announced a $38m Series B financing round led by Octopus Ventures and 83North, with additional participation from aMoon, Planven Entrepreneur Ventures and Dell Technologies Capital, the corporate venture arm of Dell Technologies, bringing total funding of Ibex to $52m.
Edtech marketplace, Preply, has secured an additional $35m of funding, a sum that exceeds the platform’s cumulative fundraising efforts since 2013. The round was co-led by Owl Ventures and Full In Partners, with participation from previous investors Point Nine Capital, Hoxton Ventures, as well as EduCapital, All Iron, Diligent Capital and Evli Growth Partners.
Digital transformation means many things to many people, so it’s important to segment and analyse startups developing foundational enabling technologies as well as key impacted applications, such as Industry 4.0 and digital health. Lux Research’s digital transformation experts are continuously monitoring industry megatrends and events to identify innovative startups in the space.
The past year has demonstrated how important deeptech innovation is to solving some of the greatest challenges faced today, from finding vaccine candidates for the COVID-19 pandemic through to solving climate change and transforming healthcare. The UK’s deeptech sector is a critical part of the Government’s post-Brexit ambition for the UK to become a global ‘Science Superpower’.
Guess who is back, back again with bigger and better plans than before. The Hustle Awards is returning for 2021, with a super exciting hybrid format, so not only does this mean we plan to actually network and celebrate with some of you in person; if that does not sound as exhilarating to you as it does to us, you can still enjoy this year’s awards from the comfort of your own home!
Influencer marketing. An ideal channel for a brand looking to raise awareness and grow its consumer base, but can influencer marketing work in a B2B setting? According to Yorkshire-based tech startup, socialsendr, yes it can, with the business seeing an immediate increase in platform sign ups following a campaign with a nano influencer on TikTok.
Xero accounting and bookkeeping practices and app partners across the UK and Ireland were honoured at the annual Xero awards. Hosted by Gary Turner, Xero UK & EMEA Managing Director and comedian, Henry Paker in an online ceremony, the awards showcased the achievements of those supporting small businesses through one of the toughest years.
UK businesses are at risk of losing employee trust through choosing to abstain from reporting their gender gap figures, following on from the EHRC’s second deadline extension. Government figures show that nearly half of 10,000 eligible employers chose not to submit their pay gap figures last year - equalling to nearly 5,000 businesses that possibly have something to hide.
Retail Marketing Group (RMG), a UK-based marketing agency, has announced the launch of E:VENT Virtual & Hybrid Solutions, a virtual world experience that enables businesses to bring people and teams back together. Designed to keep employees, visitors and customers safe whilst working from home, the new E:VENT solutions provide a bespoke virtual environment for exclusive, secure and innovative events, and offers intimate board meetings to full-scale conference productions, as well as interactive learning, employee engagement, and celebratory experiences.
Class-ify, a new digital platform ‘powered by human connection’, has been launched by former Just Eat employees to enable fitness instructors to build their own businesses online. Set to revolutionise the fitness industry by providing a workout experience ‘powered by human connection’, Class-ify helps independent health and fitness instructors monetise their audience and build a global community, all from the use of a laptop or smartphone device.
BLEND (formerly OneHourTranslation), an end-to-end technology-based multi-market enabler, announced the completion of a $10m funding round to fuel its continued rapid growth. Existing investor Fortissimo Capital led the round following a year of strategic expansion reflected in the company’s new brand and offering. BLEND leverages OneHourTranslation’s AI-driven language technology, 25,000 expert linguists, and advanced tech stack to help global brands establish a native presence in fundamentally different markets, worldwide.
Generating £27.8bn gross value added annually, and employing more than 360,000 people, the West Midlands is the UK’s largest centre for Business, Professional and Financial Services (BPFS) outside London. Now, business leaders from Shoosmiths, Wesleyan, Bruntwood, CBRE and Birmingham Law Society, amongst others, are working with the region’s just under 12,500 leading tech and digital companies to see how they can integrate AI and advanced technology into their everyday activities.
The UK is heading towards a ‘burnout breakpoint’ with search data exposing alarming levels of people seeking help. As we quickly approach the anniversary of the first lockdown, Chris Parke, CEO of Talking Talent who discovered these findings is urging businesses to support employees and implement practical solutions to prevent similar levels throughout 2021 and hordes of workers reaching their breakpoint.
Research from Ezra, a global provider of digital coaching, has revealed to what extent the current pandemic could change the face of the professional workplace on a permanent basis. The trend of working remotely is one that has been largely forced on us due to lockdown restrictions and concerns over safety. However, for many it means more time at home and a positive increase in the work-life balance.
Rewire, a fintech startup that develops cross-border online banking services tailored for the needs of expatriate workers worldwide, has announced a Series B funding round of $20m and significant line of credit from a leading bank. Rewire was founded with the vision to empower every migrant to fulfill their financial potential for a better future, for themselves and their families.
Following news this week that people have been rushing to book holidays for summer, data from absence management platform, e-days reveals that Mondays, already the day people are most likely to book holiday, will see a spike in holiday bookings post government announcements in 2021. So far Monday January 4th, the first day back after the Christmas break, and Monday 22nd February, following the UK government’s announcement of the roadmap out of lockdown, have witnessed the biggest leap in number of leave bookings.
A brand new recruitment agency has launched in the West Midlands with the ambition of making the industry a more community-conscious one. 70/30 Club is leading the way in ethical recruitment, committing 70% of its profits to local charities every year, whilst delivering talent acquisition for a range of organisations.
Future Acres - a new startup bringing sustainable agricultural robotics to the farm industry in order to optimise workforce efficiency and safety - has launched to raise up to $3m in seed capital via equity crowdfunding site, SeedInvest. The company is producing an autonomous, electric agricultural robotic harvest companion, named Carry, to help farmers gather hand-picked crops faster and with less physical demand.
A tech spin-out whose cloud based data capture and analysis technology is unlocking five-fold increases in manufacturing factory floor productivity in the North of England has secured a significant six-figure investment from a combined Angel and Venture Capital syndicate, valuing the company at £2m.
Revolutionary packaging startup, SoluBlue, has been awarded the top prize of €500,000 from the Postcode Lotteries Green Challenge, one of the world’s largest annual sustainability competitions. The Cambridge-based startup beat over 650 startups from across Europe to be crowned the latest winner and will now use the prize money to scale up its technology for pilot production among retailers.
Tech Nation, the UK network for ambitious tech entrepreneurs, has announced the ten early-stage scaleup winners of its nationwide competition, Rising Stars. These companies have been selected because they are at the forefront of UK technology, across a range of subsectors, providing solutions such as digitally connecting healthcare workers with communities, digital recruitment for schools, and tools for online content creators.
Axis Spine Technologies (AST) has raised £2.2m in a funding round led by ACF Investors, with follow-on investment from Mercia’s EIS funds. Mercia was the first investor when Axis was founded by Jon Acros in 2017. This is the first investment from ACF Investors’ new Delta Fund, a fast-track investment fund designed for high potential UK businesses that have been backed by a syndicate of angel investors with deep sector knowledge.
Waze, the platform bringing together communities on and off the road, has announced updates to Waze Ads Starter, its advertising solution tailored specifically to small businesses. The features take into account the unique challenges faced by small businesses now, making it easier for them to connect with existing customers and attract new ones while making the most of their marketing investment.
Rental deposit fintech, Fronted has launched this month, becoming the second company to be powered by Yobota’s core banking platform. Founded in 2016, London-based technology firm, Yobota has built a fast, flexible, cloud-native core banking platform that allows clients to create and run innovative financial products.
Step Anywhere 2021 is on for March 29th, 30th, and 31st, and fully online! Organised by the team behind Step Conference, The Leading Online Tech Festival For Emerging Markets will bring together over 1500 international attendees, 100 showcasing startups and global players in healthtech, edtech, fintech, foodtech, smart cities, digital media, and more.
LOT Network, the international community of the world’s leading high-tech companies committed to protecting its members from costly litigation from patent assertion entities (PAEs, also known as 'patent trolls'), has announced that ByteDance has joined its 1,200 member organisation. In doing so, the company is taking proactive measures to protect itself against potential litigation from PAEs, and inoculating themselves from a pool of over three million patents.
Design Pickle, the leading graphic design and creative services subscription platform, has released information about their acquisition of British design services company, Design Hero. The acquisition marks the first of its kind for Design Pickle, paving the way for expansion into the UK and European creative markets.
A new report by Claromentis has revealed that 73% of UK workers want to split their time between home and office working after the pandemic. Unilever, Twitter, Square and many more companies have announced their staff may never return to working a five-day week in the office. But what do workers want?
Vivacity Labs, the London-based tech company which uses artificial intelligence to improve traffic insights and safety, has announced it has secured £5m of Series A funding in a VC round led by investor Mobeus, with additional funding from existing investors Downing Ventures and London Co-Investment Fund.
incspaces, a space as a service operator with locations across London and Manchester, is opening a brand new 24/7 flexible workspace in the heart of Leeds. The 19,000 square foot venue will play host to both young startups and established businesses embracing the ever growing flexibility of the future of work.
Ally.io, a hypergrowth technology company specialising in goal-setting and business execution software, has announced a $50M (£36.5M) Series C funding round led by Greenoaks Capital. Tiger Global, who led the company’s Series B round, and Madrona Venture Group also joined the round, as well as previous investors Accel, Addition Ventures, Founders’ Co-Op, and Vulcan Capital.
Vinehealth, a platform to improve the quality of life and survival of cancer patients through highly personalised patient support, has secured a £1m Biomedical Catalyst grant to deliver their innovative cancer companion app to four NHS trusts within a randomised controlled trial, thus generating robust evidence of the platform’s clinical and cost effectiveness in improving patient self-management and data collection.
Cambridge GaN Devices (CGD) has raised $9.5m in Series A funding. The investment was co-led by IQ Capital, Parkwalk Advisors and BGF, and includes investment from Foresight Williams, Cambridge Enterprise, Martlet Capital, Cambridge Angels and Cambridge Capital Group. The funding will be used by CGD to expand its product portfolio of energy-efficient power devices and to double the size of its team.
A cloud-based CRM provider has announced another instalment of their successful virtual event series, designed to help UK businesses tackle 2021 and set strong foundations following a challenging 2020. BuddyCRM’s Build Back Better - Sales Masterclass will commence on 18th March 2021 and is free for delegates to attend.
Social impact startup OX has successfully secured three grants with a total project value of £1.2m in the past four months. The grants, awarded by Innovate UK and the Advanced Propulsion Centre, will see OX work on separate projects with Potenza Technology and Penso to expedite the delivery of the world’s first clean transport ecosystem.
With the shipping and logistics sector rapidly growing due to the growth of the e-commerce industry, the need for optimal packaging solutions is becoming more important than ever. The primary single use material used to secure pallets across Europe is stretch wrap but most businesses are moving towards more environmentally friendly and reusable packaging solutions.
Ahead of the UK’s 2021 Budget and Economic Recovery Plan, new research from Sage has revealed the tough conditions that will be facing Small and Medium sized Businesses (SMEs) well into the second half of 2021. The research highlights how the latest lockdown has further divided the outlook of UK SMEs, with one-third worse off than November, one-third in a similar position and one-third better off.
Israel’s booming cannabis industry has recorded a significant achievement with the signing of the first of a kind genetics breeding deal. Israeli Agtech startup, RCK, which specialises in science-based cannabis genetics, signed an agreement with SeedTech, a Dutch seed company, for developing unique cannabis strains in the form of elite hybrid seeds.
OneTech, an organisation connecting London’s underrepresented communities with opportunities in tech startups, have today launched TryTech. The new online platform will help young people, aged 18-24, facing multiple disadvantages in the UK, to find motivation, develop their knowledge and skills towards a career in the technology and social enterprise sectors. The platform will be available in London first, before rolling out across the UK.
Low-cost wealth manager, InvestEngine is urging small businesses to consider stockmarket investing, as interest rates on banks' business accounts hit record lows. The average interest rate on instant-access business savings accounts is now just 0.06%, according to Bank of England data published this week.
New research from Uswitch has revealed that crowdfunding sites have helped fund 6 million projects in the past year and are now central to many business plans. It is becoming more popular than ever around the world to use crowdfunding as an investment source for businesses. Not only does it have its financial benefits, using crowdfunding is a great way to gain visibility and build a customer base for startups.
Wolves Summit has confirmed its return from 24th to 26th March 2021 in Warsaw with two days dedicated to startups, investors, and executives from the tech ecosystem. The hybrid format that made the two previous editions a success will be enriched with new digital experiences including multi-stage and matchmaking functionalities, an Investor Podium, dedicated Scaleup, Accelerator, and Community Partner Stages.
Michelle Cowan and Bren Adams, the Founders behind Yorkshire-based tech start up, Justo Software and socialsendr, have launched a crowdfunding campaign via Go Fund Me to raise £25,000 to drive forward development of their second social media platform aimed at soletraders, freelancers and small businesses.
European Health-Tech Innovation Week, sponsored by GIANT Health, is taking place from 17-21 May 2021 and is five one day hybrid conferences and exhibitions across Europe’s leading healthcare innovation regions; successfully driving improved healthcare outcomes and business collaboration by showcasing and championing Europe’s best healthtech innovations.
Small firms are being urged not to miss the deadline for this year’s Small Awards, a nationwide search for the smallest and greatest firms in the UK, across all sectors. Launched in 2017 by Small Business Britain, the annual awards have eleven unique categories across everything from longstanding family businesses and innovation-led startups, to social enterprise champions.
Private capital raising platform, HUBX, today announced the completion of a £4.2m funding round with the closure of the second tranche of financing. European B2B technology venture fund Basinghall Partners, together with Barclays, ELITE and individual investors, participated in the fintech startup’s latest funding round.
And the Whatsapp ordeal is a cautionary tale for those who fail to recognise it. Since pretty much the beginning of human commerce, entrepreneurs have based their strategy around competing on two verticals, price and quality. Generally speaking, if your price is low, you’d expect the quality to also be low and vice versa.
73% of tech talent would consider working for a startup in 2021, with male tech talent more likely to work for a startup (63%) than female (49%). That’s according to a recent survey by Talent Works, which asked UK employees in a variety of tech roles what they look for in a job and where they look for new opportunities.
NeuReality, an Israeli startup developing high performance AI compute for cloud data centres and edge nodes, emerges from stealth today with $8m seed from Cardumen Capital, OurCrowd and Varana Capital to fuel the growth of real life AI applications running at scale. NeuReality will introduce its first AI platform early this year.
As one of the UK’s leading third-party logistics providers, Wincanton plays a huge role in construction projects all across the UK. Now, with the launch of Sprint 3 of W2 Labs - an innovation lab designed to discover emerging innovative ideas and tackle some of the logistics industry’s toughest challenges, they are aiming to focus on the construction sector specifically.
Koa Health has announced it closed an oversubscribed €30m ($36m) Series A funding round. The round had a first close in October 2020, led by Wellington Partners Life Sciences and Ancora Finance Group, and has now been fully closed with key participations from MTIP and Akilia Partners, and further contributions from Creas Impacto, Sabadell Asabys, and Mundi Ventures.
It goes without saying, but COVID-19 has affected women pretty harshly. Although everyone is facing unprecedented challenges, women in particular are bearing the brunt of the economic and social fallout of the coronavirus. Often, they’ve taken on the bulk of childcare during lockdowns and usually more likely to run businesses in sectors most affected by the pandemic such as retail, hospitality and leisure.
Understanding the company's financial value will be put under the spotlight in the fourth webinar of Angel Business Club's Insights Series on Wednesday 10th February. The club's financial advisor, Dominic Berger, will lead the hour-long session, titled 'How Do You Know a Company Is Worth Its Weight In Gold?'.
goss, a free mobile betting app which allows its users to bet on reality TV, celebrity lifestyles, trending events and more, has raised $2.1m in seed funding. The app, which launched in September 2020, boasts nearly 200,000 installs to date. Users wager coins (which they receive by simply using the app) on trending events such as the next elimination on a reality TV show. Coins won can be exchanged for prizes.
A new app that encourages people to make small but impactful changes to their lifestyle has launched in the UK, guided by behavioural science and designed to instil habits beneficial to the planet. The app, called Ailuna, allows users to be more aware of their environmental impact, and take science-backed steps to a greener lifestyle.
The world’s first causal AI platform, created by deep-tech scaleup causaLens, is being leveraged by financial services companies (including Aviva Investors, 2IQ, TIAA, CLS Group and a plethora of prominent hedge funds), to automatically extract valuable causal insights from financial data and boost the profitability of their trading strategies.
As part of its Next Innovation with Japan project (Project NINJA), the Japan International Cooperation Agency (JICA) is expanding its startup accelerator program (NINJA Accelerator) to Kenya, scheduled to take place in Nairobi on 7th April, 2021, in partnership with the Double Feather Partners (DFP) / Deloitte Tohmatsu consortium, and GrowthAfrica.
Israeli agri-tech startup, Edete Precision Technologies for Agriculture is due to begin commercial scale field trials of its artificial pollination technology in almond orchards covering dozens of hectares in the Australian state of Victoria. This follows the signing of an agreement with one of Australia’s largest almond growers. The field trials are due to commence in August when the almond trees begin to blossom.
Plexal, the innovation centre and coworking space established by Delancey, has launched the Rapid Innovation Accelerator today in partnership with Omani innovation development company, AL JABR. This virtual-first, six-week programme will connect digital innovators in the UK with counterparts in Oman to help them develop technology-led solutions to the local challenges posed by COVID-19.
Hydro Wind Energy is launching a crowdfunding campaign on the Seedrs investment platform. This latest Seedrs crowdfunding campaign continues Hydro Wind Energy’s journey towards a valued funding round and the start of full commercialisation. The finance raised will go towards the technology and product development teams for power generation (OceanHydro Wind) and water desalination (SubSea RO Wind), as well as international expansion and to scale QuenchSea (portable water desalination) globally.
Over the space of just two years, 33-year-old Raimonda Jankunaite from Kent has established a thriving community of 150,000 women in business from across the world. As the Founder of The Women in Business Club, her ambition is to share the secret sauce to succeeding in business. This has led her to educate, inspire, and support thousands of female entrepreneurs from the UK to Australia and the US. But it wasn’t something she originally set out to do...
Midlands based entrepreneur, John Whitbread, launched The Spotted App back in January 2020 to allow businesses to connect with consumers without having to rely on social media alone or the interference of predictive algorithms. Now, he wants to give back to the businesses across the UK by offering a free, life-long membership 10,000 businesses when they sign-up.
Insurtech startup, Indeez has launched #CoviSure, a COVID-19 financial protection product for independent workers, in partnership with the global insurance company Chubb. Platforms engaging independent workers and small business entrepreneurs, can help them to obtain financial protection against some of the impacts of a COVID-19 infection.
International founders can now submit their applications for the Future Hamburg Award conferred by the City of Hamburg. With this startup award, Germany's economic hub aims to support innovative solutions for the city of tomorrow. Innovative startups from around the world are invited to submit their projects until 31st March 2021 here.
E-days, the absence intelligence company revolutionising the way companies handle absence, has announced that they have been asked to join this year’s cohort for Tech Nation’s Upscale 6.0 programme. Over the next 6 months E-days will be coached by some of the UK’s most successful entrepreneurs and experts.
Included VC, the first-of-its-kind global initiative building diversity within venture capital, has in a collaborative partnership with 11 funds from around the world, kicked off its Fellowship II. It is the only offering on the market that offers a nine-month, fully funded Fellowship to diverse individuals globally who are looking to enter the VC ecosystem.
Data from Innovate Finance has revealed that the UK fintech sector received $4.1bn of investment across 408 deals in 2020. This places the UK second in the world for capital raised, and first in Europe. Although fintech investment fell year-on-year by 9%, this can be attributed due to the pandemic and subsequent economic turbulence.
Embracing digital, diversifying products and services and accessing emergency finance – particularly Bounce Back Loans - were found to be the top ways small firms have survived the covid-19 crisis so far, according to a new report from Small Business Britain that offers firms advice on how to be resilient in a crisis.
Fashion production software company, SupplyCompass has announced its next webinar on 27th January at 16:30 GMT, delving into ‘How 3D will shape the future of the fashion industry’. The webinar will examine the potential for 3D technology to transform the current fashion industry and how 3D can become a more widely accessible tool that can be adopted by big and small fashion brands alike.
With COVID-19 uncertainty carrying on well in to 2021, and Brexit seeing billions of pounds lost to the EU, job security is at a low for Brits of all ages. Individuals are turning to self-employment or setting up their own businesses, losing their jobs after time on furlough, taking voluntary redundancy or as a form of additional income.
Together Price, the digital identity platform for managing group subscription plans, has become another equity crowdfunding success, securing €310,000 in just 6 days. The platform, which tackles growing 'subscription fatigue' around digital subscriptions, is among a new wave of startups adopting this latest approach of crowdfunding investment and quickly exceeded its target of €200,000 from over 1,500 public investors on Crowdcube.
Perchpeek, the AI-powered relocation agent, has announced it has raised £2m, led by early-growth experts Episode 1. Founded in 2018 as a UK property marketplace, Perchpeek was originally dubbed ‘Tinder for renting’, but has since developed into a completely unique, global relocation service that is transforming the relocation industry.
Micro businesses and SMEs expect the beginning of 2021 to be tough, but are redoubling their efforts to improve their performance and become more productive. These are among the key findings of a new data set published today by Be the Business. Future editions will track changes in five areas of business activity, each of which has consistently been shown to impact on productivity.
The latest startups to join the ATI Boeing Accelerator have been announced with ten companies joining the programme. The startups for the second cohort were selected from nearly 200 applications, from more than 40 countries and range from Hull to Queensland, and the US to Germany. Providing solutions for the aerospace industry such as software to support inflight medical events and emergencies and behavioural science technologies to reduce airlines’ greenhouse gas emissions.
When Anthony Collias and Jacob Wedderburn-Day were looking ahead at 2021, one positive silver lining they could draw from the year was the favourable effect of the pandemic on the climate. The duo, who met at Oxford University, were already co-founders of a successful startup, but like many businesses faced severe difficulty and uncertainty of what the future would bring.
Otta, a startup that helps job seekers find roles at fast-growing companies, has revealed the most innovative companies in London to work for in 2021. Fifty startups and scaleups appear on the Rocket List, including tech unicorns Cazoo, Hopin (now a ‘double unicorn’) and Gousto, along with fintech firms, Revolut and Checkout.com, which are hiring for the most roles right now (79 and 68 respectively).
ETF Partners (The Environmental Technologies Fund) has announced a £5m investment in The Modern Milkman (TMM), a fast-growth UK startup committed to building a more convenient and sustainable approach to grocery shopping. The Manchester-based business delivers convenient groceries from independent and local suppliers directly to customers’ doorsteps in returnable and reusable packaging.
As a successful entrepreneur in his own right, Daryl Woodhouse knows the price that success can sometimes seem to demand. In 2010, aged 26, he secured a national role at a FTSE top 10 corporate leaving in 2011 to set up his own business, which quickly grew into a seven-figure revenue, winning 30 awards in the process.
Spaceport Cornwall is seeing in 2021 with three new staff appointments. Following the departure of Miles Carden, Melissa Thorpe will be providing an interim solution to the position and will be supported by John Paffett. As well as this, new Cornwall Airport Newquay employee Luke Winfield, will be supporting the Spaceport team as Operations Manager.
Funded by the UK European Regional Development Fund (ERDF), CPI, an independent technology innovation centre and founding member of the UK Government’s High Value Manufacturing Catapult, has announced the launch of the PROSPECT programme to assist Small and Medium-Sized Enterprises (SMEs) in the North East across a wide range of sectors.
Legacy Club is pleased to announce Startups Magazine as its headline partner for 2021. Following Legacy Club’s successful launch in January 2021, this collaboration aims to bring together Startups Magazine’s thriving community of start-up businesses and entrepreneurs with Legacy Club’s extensive offering of support, advice and mentorship.
The growing demand for software development professionals has already resulted in a talent shortage of 40m workers worldwide which is projected to reach 85.2m by 2030. However, no-code solutions will allow anyone in the organisation to code cheaper, faster, and without any prior knowledge in programming.
London is at the centre of Europe’s burgeoning tech scene, with new research from Dealroom.co and London & Partners showing that London tech companies helped Europe to reach record levels of tech venture capital funding in 2020. International investors continue to look to London, with the findings revealing that the UK capital received more tech VC investment than any European city in 2020.
Initial income from digital gift cards in the US stores sampled by Rise.ai jumped by 299% in the fourth quarter of 2020 compared to the third quarter of 2020, and by 135% compared to the fourth quarter of 2019. Initial income rose by 558% in December 2020, compared to November 2020. Overall, while for the full year initial income more than doubled by 114% in 2020 in comparison to the previous year.
Hong Kong innovation and technology expertise will be on display at CES 2021, with 22 of the region’s leading entrepreneurs and innovators exhibiting at the Hong Kong Trade Development Council’s (HKTDC) 44th annual Hong Kong Pavilion at CES. Held virtually from 11th-14th, this year’s exhibits will showcase why Hong Kong is the ideal incubator and launchpad for tech innovation and global business success.
Freehand, a UK-based medical technology company, today launched a crowdfunding round to support international expansion for its pioneering robotic surgical camera controllers. The company is seeking up to £1m in investment via Crowdcube to establish a global team of clinical training specialists and expand its distribution network across Europe, Asia and the Americas.
Israeli Traveltech startup, As You Stay, which lets travellers save money by eliminating fixed check-in and check-out times, has announced that its smartphone app now allows making holiday reservations at 400,000 hotels and properties around the world at prices that are substantially lower than pre-Covid-19 pandemic levels.
In March 2020, Halo PR and Communications received a call from their long standing clients, DOOH.com, a London-based out of home advertising agency. DOOH.com wanted to turn the out of home platform into a public service channel during the pandemic and, with such a huge platform, both creative forces knew this was an opportunity to turn their efforts to good.
Co-working and business community platform, Othership, announce latest ambitious growth plans with £250k fundraise on Crowdcube. Co-founders Ben Carew and Arnaud Mardegan, are launching their first crowdfunding campaign on Crowdcube in January, with the public fundraise going live on 19 January 2021.
Rebound Travel Technologies and The Rarotongan Resort Group today announced a strategic partnership to utilise Rebound’s platform at all of the Group’s properties. The group comprises three iconic South Pacific properties; Aitutaki Lagoon Private Island Resort, The Rarotongan Beach Resort and Lagoonarium and Sanctuary Rarotonga, all right on the beach. The partnership will directly benefit the resorts and guests alike in the event of cancellations by providing personalised solutions that increase guest loyalty and directly improve cash flow.
Sustainability-focused, refurbished and pre-owned tech startup, reboxed, based in Brixton, London, has raised £350k in pre-seed funding from angel investors. This new investment means that reboxed has raised a total £500k in 2020 as it continues to gain momentum after its successful launch in September.
Five fledgling businesses which are all going places will get there a little quicker after winning £3,000 worth of business support. All five companies, which either launched or had to pivot or adapt during the COVID-19 pandemic, are set for a boost after winning a competition run by Leeds-based flexible workspace provider, Wizu Workspace.
OVHcloud, the European leader with a global footprint in the cloud industry, announced today it joined the Open Invention Network (OIN). This engagement affirms OVHcloud’s approach in terms of Open Innovation and will strengthen the company’s ecosystem, by supporting a world-class open source innovation community.
eXate, a London-based data software firm has announced a £2.3m seed round led by Outward VC, with additional backing from ING Ventures and Triple Point Ventures, to accelerate the growth of its DataSecOps platform. eXate is democratising data privacy for organisations by providing a simple embedded platform that automates the technical enforcement of data policies, solving the large-scale challenges created by evolving and complex global data privacy regulations.
FoodMarble, the digital digestive health company, has closed a seed investment round of $2.6m, led by Business Venture Partners (BVP), with participation from SOSV, Breed Reply, Delta Partners, Enterprise Ireland. The funding will support continued expansion into new markets, research and development projects, as well as the further development of FoodMarble AIRE, the world’s first personal digestive tracker.
In the wake of recent retail closures across the UK, fashion technology startups are delivering much-needed innovation to help merchants maximise online sales and optimise unprecedented digital demand this Christmas. Retail data platform uSizy, is among the emerging startups poised to help UK retailers leverage technology to cope with record sales expected to reach £28bn, by first tackling archaic sizing guides.
It has been a tough year for everyone and with household bills typically rising as we head into the winter months, financial pressures are set to be exacerbated further. With the cold weather here to stay, on going COVID-19 restrictions and home working, Brits could see their energy costs rise by up to £300 meaning there is no better time to look at ways you can save money this winter.
StartUp Studio, a growth programme for early stage tech startups in the South West of England, has been launched. Tech South West has teamed up with virtual accelerator, Activate and startup advisor, Skowt Consulting to provide fully-funded opportunities for up to 30 pre-seed companies a year to progress their business through the programme, and then pitch to regional, UK and global investors.
Healthcare technology company, Vantage Health has announced that its AI-powered platform, Rego, has been shortlisted for ‘Local COVID-19 Response Partnership Award’ at the HSJ Partnership Awards 2021. The shortlisting recognises Vantage Health’s dedication to improving healthcare and effective collaboration with the NHS, through Rego’s role in managing hospital outpatient attendances during the pandemic.
The R&D tax relief schemes and R&D expenditure credit (RDEC) have driven greater innovation in the UK, according to analysis by HMRC. A review of these schemes, as well as the Patent Box, highlighted that there were both positive direct and indirect impacts on business for those that utilised the schemes whilst also spurring on innovation.
FirstGroup has selected BRIDGE’s payment orchestration platform to achieve greater resilience and control in managing e-payment transactions. BRIDGE technology has initially been deployed across the FirstGroup’s online ticketing for UK bus travel, with plans to encompass the company’s mobile app channel and rail ticketing systems.
e-days, the absence intelligence company, says data from 86,000 recorded UK absences has revealed that stress levels have spiked twice in 2020 following the changes to the furlough schemes. These peaks were especially noticeable in organisations with fewer than 250 employees as the effects of the pandemic proved more challenging for small and medium sized businesses (SMEs).
Fintech business lender, MarketFinance has secured funds from a European bank, through fintech CrossLend, to facilitate lending to UK businesses. The news comes as demand for finance is surging, with MarketFinance research indicating that as many as 84% of businesses will be seeking loans this winter. Already in 2020, MarketFinance has advanced over £342m for institutional investors to meet the needs of UK businesses.
Cosmos Video, the virtual venues platform which allows people to work, hang out and socialise together, has raised £2m in seed funding from Europe’s leading seed investors, LocalGlobe with participation from Entrepreneur First, Andy Chung and Phillip Moehring (AngelList), and Omid Ashtari (ex-President, Citymapper).
London and Berlin have pledged to strengthen business links between the two European capitals by announcing an extension of a partnership agreement signed by both city’s trade and investment agencies last year. The city-to-city agreement has been renewed to coincide with a virtual event marking the 20th anniversary of the twinning of the two cities, involving the Mayor of London Sadiq Khan and Governing Mayor of Berlin, Michael Müller.
A London-based business growth agency has expanded its services to six countries, following double-digit growth in 2020. SME GRO.TEAM now has a range of advisors on hand to provide support to the US, Canada, South Africa, Spain, New Zealand and Australia. It has tailored its website to the various local markets following both the successful delivery of several ad-hoc overseas projects, and a spike in online traffic and enquiries from across each country.
Tech startup, Isotropic Systems has announced its partnership with diversity and inclusion consultancy, Inspired Human. Perrine Farque, Founder of Inspired Human and diversity and inclusion expert has partnered with Isotropic to help the organisation drive further diversity in the tech sector. An ambitious programme has been agreed involving the CEO’s personal commitment to double female representation in the workforce within the next 12 months, kicking off the programme in Q4 2020 the company is making huge strides to close the gender gap in the tech sector.
Europe’s Hottest Accelerator, SETsquared Bristol has announced the six companies that have been awarded their 2020 Breakthrough Bursary. Angel Investors Club, Engineer2Engineer, Latchaid, Lurncampus, FluoretiQ and YelloButterfly will join SETsquared Bristol’s incubation programme in January 2021 to grow their technology startups.
Fintech business lender MarketFinance has launched a Business Booster Fund that will make grants of £5,000 available to UK small businesses. The initiative forms part of the MarketFinance commitment to SMEs and giving back to the community. These grants are aimed at supporting passionate and driven UK-based entrepreneurs, giving them a kickstart as they head into 2021.
Poncho, a digital startup backed by Kamet Ventures, has launched to address the growing childcare crisis and the resulting unprecedented pressure facing working parents. This comes as one in six childcare providers is expected to close by Christmas and 87% of parents report having needed to homeschool at least one child since May.
‘Workcation’ has officially been added to the Oxford English Dictionary this year: and for good reason. Italian startup hotel booking platform, DayBreakHotels - who set up a bespoke ‘smart working’ service in the summer to open hotels up to a nation of remote workers - saw a 350% surge in bookings from business customers during the second lockdown (compared to the first lockdown), as Brits looked for a change of scene after months spent working from home.
PitchBook, the data provider for the private and public equity markets, has released All In: Women in the VC Ecosystem, its second annual report examining global Venture Capital (VC) investment in female-founded startups. The report, published with support from Microsoft for Startups and Beyond the Billion, shows the coronavirus pandemic has disproportionately impacted female founders and CEOs negatively, despite undeniable, long term gains in VC investment over the past decade.
It’s estimated that more than 750 million edge AI chips will be sold in 2020. Just got your head around AI? Edge AI is Artificial Intelligence-driven computing on embedded systems and the growth potential in the UK is immense. Now AeroSpace Cornwall, who is part funded by the European Regional Development Fund and Cornwall Council, has awarded Bluefruit Software - leaders in providing high-quality embedded software - £100k of funding for critical research and development into this mind-blowing technology, which is forecasted to expand by 20% over the next five years.
Moneyhub, the market-leading Open Banking and Open Finance data, intelligence and payments platform, is the first TPP to connect to Citibank, the consumer division of financial services multinational Citigroup. In the UK, Moneyhub offers consent-driven access to financial data via 580 live and in production connections across 200 financial services providers - of which 100 are direct UK Open Banking providers, and a further 100 more broad Open Finance providers.
Scientist and entrepreneur, Dr Harry Destecroix, has unveiled Science Creates, the deep tech ecosystem that offers specialised incubator space, a £15m investment fund and a comprehensive network of strategic partners to nurture science and engineering startups and spin-outs. The hub, in partnership with the University of Bristol and located in the heart of the city, is set to become the ‘new West Coast’, transforming disruptive discoveries through impactful commercialisation.
Digital insurance company, Getsafe closed a $30m Series B funding. Swiss Re’s digital platform iptiQ led the round. Existing investors, including Earlybird, CommerzVentures, btov Partners and Capnamic Ventures, also participated. Getsafe now has received a total of $53m from investors, making it one of the best-financed European insurtechs.
The benefits of satellite data to life on earth are something that the global space community celebrated at this year’s 'World Space Week'. Female founded tech startup, Data Duopoly, have already been recognised for their innovation in the use of space data - winning the Pitch to the Primes competition at the UK Space Conference in 2019, awarded by Astronaut Tim Peake.
Accenture & Ponemon’s 2019 Cost of Cybercrime Study indicates that the right approach to cyber threats might save companies up to $5.2tn of future revenues in the next few years. Small and medium enterprises (SMEs) are among the most vulnerable as they only recently became more conscious of clear and present cyber threats.
u-blox has signed a deal with the Cambridge-based technology company, Focal Point Positioning, to integrate technology that will improve the accuracy and reliability of GNSS devices - enhancing positioning performance and security for growing applications such as smart cities, location-secure IoT and health and fitness wearables.
Fixter, the UK’s first end-to-end online car maintenance service provider, has urged UK motorists to book their cars in now for MOT, car service and repair work to avoid potentially costly parts price rises and supply issues in the event of a No-deal Brexit. To soften the potential blow, Fixter is offering a parts cost price protection guarantee for January 2021 MOT and service bookings across its UK network, giving car owners valuable peace of mind in these uncertain times.
TiE Global Entrepreneurship Awards are designed to honour the outstanding entrepreneurs for their stellar performance and recognising the key ecosystem stakeholders for their contribution to the startup innovation, entrepreneurship development and investment climate. This initiative is in live with TiE’s mission of Fostering Entrepreneurship.
Manchester-based tech start-up enee.io has been awarded £170k from Innovate UK’s Sustainable Innovation Fund. The six-figure grant will enable the firm to further develop and commercialise its pioneering technology providing automated and remote monitoring of industrial battery systems used to provide back-up power for critical infrastructure including hospitals, data centres and mobile phone masts.
The F Factor, organised by Founders of the Future, is the UK’s premier startup competition for 18-25 year olds. It goes all across the UK to find entrepreneurial talent. To enter the competition you need an idea, a seemingly working prototype (does not need to be a fully working MVP but rather a prototype that shows how your idea works) and a two min pitch in video of your startup idea.
Winter alone can have a negative impact on anyone’s mental health. Couple this with spending the best part of the year dealing with a pandemic and the subsequent lockdowns and it's no surprise that according to ONS statistics, the weeks after the clocks went back saw record levels of loneliness in the UK.
The government has pledged to spend 1/3 of its budget with SMEs and has also introduced schemes such as CBILS, BBLS and the Future of Fund to support startups during the pandemic, but as government support eases and investors continue to be cautious about funding early-stage startups, many startups are already struggling to stay open. A new campaign from Plexal, the innovation centre and coworking space owned by clients of Delancey, places the responsibility for saving startups at industry’s doors.
Mouser Electronics, the New Product Introduction (NPI) leader empowering innovation, will be co-hosting a three-day online event to help UK-based startups test, validate and communicate their technical requirements to manufacturers. The workshop, hosted in partnership with the Central Research Laboratory (CRL), takes place from Monday 7th to Wednesday 9th December.
Brits are being called upon to offer vital support to small businesses as high streets reopen in time for Christmas. It also hopes to tap into soaring public affection for small businesses, as research from the campaign and its principal supporter American Express shows 59% of Brits support small businesses more than previously, following the major role firms played in communities during coronavirus lockdowns.
HIV social app, Positive Plus One, has announced the launch of its new and updated platform, following World AIDS Day 2020. Positive Plus One is an app designed to help those living with HIV find and connect with people who share their story. The app now includes an ‘Events’ feature, which allows members to search and explore virtual events that they can take part in.
Global awards platform, Airwards, has unveiled the line-up of award categories for its inaugural year, ahead of submissions opening on 1st December 2020. The first unifying digital awards scheme of its kind to recognise best practice drone work, the Airwards categories span a broad variety of uses and sectors, including Technology, Operations, Supporting Services, specific Industries/Fields and Giving Back - with a People’s Choice category that is voted for by the public.
Students from Essex University have launched a new start-up to help the county’s small businesses become more environmentally friendly. They see sustainability as of the utmost importance in today’s society; sustainability being a social and environmental commitment to finding new ways to consume without draining our planet’s resources.
Infogrid, the artificial intelligence technology company that automates facilities management and makes any building smart, has raised $15.5m Series A funding from a combination of UK and US investors. The round was led by Northzone with participation from JLL Spark, Concrete VC, The Venture Collective, Jigsaw VC, a global real estate investment group, and a large international asset owner.
Small businesses in the UK still aren’t offering their people enough flexibility, according to new research from Tiger Recruitment. While the pandemic has required many to work more flexibly from home, more than a quarter of employees questioned say they still aren’t happy with the flexible working options available to them, and men are just as dissatisfied as women.
Thursday 3rd December marks International Day of People with Disability (IDPD), originally created by the United Nations and designed to bring awareness and celebrate the diversity of the global community. This years’ theme is ‘not all disabilities are visible’, something Leeds-based behavioural research and UX consultancy, SimpleUsability, is keen to encourage businesses to consider when interacting with their customers.
With a third of UK employees having more than half their holiday allowance left to take, e-days the absence intelligence company, has found that 65% intend to use this up before the end of the year. With less than a month until Christmas, this raises some significant concerns over staffing resources for the remainder of the year.
Co-op CEO Steve Murrells opened a round-table on 26th November with representatives from the Department for Education, National Apprenticeship Service, National Society of Apprentices and Chartered Institute of Personnel and Development. The conversation focused on a brand new report, commissioned by the Co-op group, into the national apprenticeships programme with recommendations on change to government policy.
Fashion production software company, SupplyCompass, will be hosting its next webinar on 9th December at 12pm GMT: ‘Financing for Fashion Brands’. Teaming up with MarketFinance, SupplyCompass’s webinar will navigate the world of financial planning through the lens of fashion, specifically for SME brands.
As Britain’s high streets prepare to return to life in time for Christmas, small business owners have been given tips for coping with a still uncertain winter. This year’s Small Business Saturday - an annual celebration that encourages consumers to 'shop local' - couldn’t be better timed, with 5th December falling three days after the English national lockdown lifts.
No Isolation, the company bringing people together through the use of warm technology and the application of specialist knowledge, today launches a new version of KOMP, its one button computer designed specifically for use by seniors. The new model, boasting a wider screen and in-built internet, has been launched in direct response to user feedback following an increase in demand brought about by the COVID-19 pandemic. To date, No Isolation has sold 4,300 KOMPs, and the app is currently being used by around 30,000 people across the globe. This means that on average, each KOMP is connected to approximately 7 family members.
HOBEEN is the first startup in the home energy consumption model. It has accelerated its technological process to land as soon as possible in homes and help families save on their bills in face of the crisis caused by COVID-19. It is an APP that connects several smart devices that are installed in homes to offer personalised energy advice that helps reduce waste. In this way, a minimum saving of 30% in water, electricity and heating bills is expected.
First Office Hub, the global workspace broker, which has just helped a tech company to expand from a traditional leasehold property into a 20,000 sq ft managed office space, describes the London office scene as extremely active with companies of all sizes and across all sectors researching offers and looking to secure the right deals ahead of 2021.
Natural intelligence startup, Opteran has raised £2.1m in seed funding. Opteran will use the funds to pioneer its radical lightweight, low cost silicon-based approach to autonomy called Natural Intelligence and expects its technology will significantly expand the potential addressable market for autonomy in machines and robotics.
Mobile phones have become a basic necessity for everyone. With more than 3 Billion smartphone users in the world, equating to 4 out of every 10 people being equipped with smart technology, apps have become one of the fastest-growing markets in the IT industry. This creates infinite opportunities for businesses looking to break into or expand into the mobile realm.
The Really Good Idea Test offers seven practical steps to test an idea and find out if it really is worth pursuing. It might be an idea for a new business launch, a development to an existing product or a major life decision, but the simple process will help you understand what people really want and spot potential downfalls before you commit (or waste) time and resources on them.
The New York, Berlin and Tel Aviv-based startup, Dynamic Infrastructure is expanding its pilot project with the Public Works Department of New York’s Suffolk County using the world’s first deep-learning solution which allows bridge and tunnel owners and operators to obtain visual diagnosis of assets they manage in order to reduce direct and indirect maintenance costs.
Tech startup, Holoxica has announced it has created the first glasses-free 3D videoconferencing solution for remote working. The funding to create a 3D telepresence system without the need for 3D glasses or a headset was provided through the Government’s modern industrial strategy by Innovate UK, part of UK Research and Innovation, focussed on innovation in response to COVID-19.
The Tampliner, the period-care innovation created by UK-based B-corp Callaly, has been recognised in TIME’s 100 Best Inventions of 2020 - its annual list of the 100 Best Inventions that are making the world better, smarter and even a bit more fun. Callaly is one of only eight British companies to make this year’s list.
New research involving 150 HR leaders has found that 3 in 5 UK workers have experienced mental health issues since the outbreak of the coronavirus pandemic. The report authors, Accountancy and Finance, HR and Data Analytics recruiter, Wade Macdonald, and workplace law specialist, Doyle Clayton, have raised concerns of an increase in known incidences as a result of the current lockdown measures.