Increasing numbers of UK businesses are struggling to understand how to combat cybercrime, putting them at increased risk of cyberattacks resulting in crippling costs such as multi-million-pound ransoms, litigation and reputational damage, according to a new report published today.

Glasgow diagnostics spinout Microplate Dx has closed a £2.5 million seed funding round to develop its point-of-care diagnostic platform which can confirm the presence of bacteria and guide a patient’s doctor to effective treatment by rapidly identifying effective antibiotics to use and which ones to avoid.

2FLY, the Stuttgart, Germany-based developer of hydrogen-electric powertrain systems for aircraft, today announced it has successfully completed the world’s first piloted flight of an electric aircraft powered by liquid hydrogen.

HiBob, the company behind Bob, the modern HR platform that powers productivity, engagement and retention, and Papaya Global, the dedicated payroll and payments platform for global workforces, has announced a partnership.

The OnePlanetCapital Climate Change EIS Fund has had a successful inaugural summer raise with just under £3 million incoming from investors and deployments into three new companies as well as an existing follow-on investment into portfolio company &Sisters.

It’s the final countdown for SMEs hoping to be mentored by a trio of inspiring entrepreneurs – and to receive funding to support them to build their businesses.

Intel Ignite, Intel Corporation's acceleration program for early-stage deep tech startups, reveals the 10 exceptional startups selected for its first cohort in the United Kingdom. The 12-week program kicks off on 12 September 2023.

One of London’s recycling and waste management companies, First Mile, has welcomed the Baker Street Quarter Partnership and Harley Street BID to its list of BID schemes in the capital, further tackling air pollution and boosting recycling rates across the city.

Industry leaders from Change Awards and The IN Group have road mapped the future of change management and how it can revolutionise business growth at the CHANGE Talks this week.

PayU GPO, an online payment service provider operating in over 30 emerging markets, has announced a strategic partnership with 4fund.com as its official payment operator, delivering enhanced benefits to users across the European Union.

OLIVER, the in-housing and marketing ecosystem specialist, has set up a global AI Council as part of its self-governance policy in the responsible use of the emerging technology.

Silico, a player in the Process Simulation category, announces the release of Silico 2.0, which redefines the landscape of Process Simulation. In collaboration with their partners and customers, Silico is raising the bar for process excellence technology.

Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs), has announced plans to further expand its footprint in the UK market with a new senior appointment and launch of its AI-powered cyber insurance programme.

Axithra, a new spin-off of imec and Ghent University, has announced a €10 million seed round, securing the first two years of R&D. Axithra develops a technology platform for therapeutic drug monitoring (TDM) to quickly and accurately measure drug concentrations in a patient’s blood.

The customisable and compliant embedded finance platform, FutureBank, has partnered with digital ID verification company IDVerse (previously known as OCR Labs Global) to further its digital transformation and accelerate customer onboarding through swift and secure digital identity verification (IDV).

Penny Black, the UK tech startup using innovative marketing techniques to make drab ecommerce packages more rewarding and personalised, has received an additional £1.5 million in seed funding from AGFA, the 150-year-old imaging technology company and VC investor, ninepointfive.

An overwhelming majority of business leaders - 94% - admit to “tech anxiety” within their organisation’s senior leadership, according to a new study from Kin + Carta, the global digital transformation consultancy.

The Berlin-based climate-tech startup Swobbee is expanding its service to include an online shop for rental batteries. The company is thus evolving into a comprehensive battery service provider for micromobility.

Volvo is on the road towards becoming a fully electric car maker by 2030, an important focus area for its technology investments and R&D spending is e-motors, inverters and overall electric drivetrain optimisation.

The desire for greater flexibility is the biggest driving force behind women starting businesses in the UK, as new research from Small Business Britain highlights most women are happier after starting their own businesses.