Open access publishing startup DeSci Labs has won the Best Automation & Data Innovation – Organisation prize at this year’s Lab Awards, held at Lab Innovations 2024. The award recognises the innovation behind DeSci Publish, the world’s first open science publishing infrastructure based on Web3 technology.

Verax AI, a developer of enterprise-grade software solutions that provide visibility and control of AI in production, announced today that it secured $7.6 million in seed funding led by TQ Ventures and with participation from Concept Ventures, Cardumen Capital, Seedcamp, InMotion Ventures, and XTX Ventures. 

Emidat, the provider of environmental data solutions for the construction industry, has announced a €4 million seed funding round led by General Catalyst. This funding will enable Emidat to support the construction industry to reduce the environmental footprint of the whole built world, starting with a revolution in the labelling of every single building material.

Lola Cars has become a major stakeholder in PACETEQ, one of the automotive industry’s foremost data technology and software companies. The investment sees Lola gain access to knowledge and expertise critical to the brand’s ambitions to re-establish itself as a world leader in sustainable engineering and motorsport.

The Sustainability Analytics platform GaiaLens, has launched its new on-demand sustainability reporting product for ESG analysts today. Offering a flexible, monthly subscription-based model, analysts can now access fully automated reporting for all major sustainability frameworks at the click of a button.

On the 30th October, the long awaited Autumn Budget was delivered by Chancellor of the Exchequer, Rachel Reeves.

Invoice finance company Stenn has released new findings highlighting that US SMBs are cash-strapped heading into the festive period, betting big on the holiday season to top up reserves that are running dry.

Ahead of the Chancellor’s Budget announcement, the CIPD is calling on the government to increase apprenticeship opportunities for young people, encourage innovation, and improve labour market enforcement.

Showcasing cutting-edge technological solutions, LG NOVA, the North America Innovation Center of LG Electronics, has announced the winners of the 2024 Startup Pitch Competition, co-sponsored by LG Chem. This year’s event, held during LG NOVA’s annual InnoFest in San Francisco, featured standout startups focused on Life Sciences, Open Innovation, HealthTech, AI, Smart Life and CleanTech, with three companies recognised for their potential to drive impactful change.

Engine specialises in AI and machine learning. Founded by Kieron White with a vision to revolutionise business use of AI, Engine provides solutions that enhance customer service with intelligent chatbots together with deep data analytics for strategic decisions.

ONO, a fleet management platform, is breaking barriers, not just in technology but in leadership. Created by Renee Rogers, ONO was born out of frustration and necessity.

There’s little doubt that electric vehicles are becoming very popular and that every business or private individual who swaps their petrol or diesel van or car is helping the UK become more sustainable. But we need far, far more public chargers if EVs are going to a practical option for most.

Vertical Future, a UK-based Controlled-Environment-Agriculture technology company, has announced a range of Crop-Science-as-a-Service (“CSaaS”) services for different sector archetypes, including food, fodder, forestry, and pharmaceutical-based products.

myPlane, the online booking engine for commercial passenger charter flights, has reported soaring demand from airlines and travel buyers as it seeks to modernise the €100 billion commercial air charter market.

Space Forge, known for driving a new era in clean industry by advancing research, development, and production of high-performance materials in space, has announced a Memorandum of Understanding (MOU) with Voyager Space. This agreement is setting the groundwork for collaboration between the companies, with a focus on expanding the possibilities for space-based research and manufacturing.