As technological transformation continues to move at lightning speed, Wales Tech Week, a summit that connects and creates opportunities for some of the most innovative and forward-thinking people and businesses in Tech, has announced its 2023 event in Newport, Wales this October.

China’s raft of new measures to bolster its economy strengthens the case for global investors’ continued attraction to the country, says the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisations.

On the back of successfully delivering its first two community microgrids, Cepro, the Bristol-based smart energy company has exceeded its £600,000 fund raise target to further transform domestic energy infrastructure.

The Hustle Awards 2023 promised to be THE event of the year, and it delivered on its promise! A night of celebration, innovation and pure excellence ensued, and it wouldn’t have been possible without all the startups that we were there to honour.

The Financial Conduct Authority is launching a permanent Digital Sandbox following two successful pilots to help support innovative business, startups and data providers from the 1st August 2023.

Quality Engineering Consultancy Roq has announced a new appointment, which sees Shirley Cooper OBE joining the business as a Board Advisor.

Qflow, the climate-focused construction tech company, has released a comprehensive report analysing the state of waste management in the construction industry.

Visa, a global pioneer in digital payments and Exclusive Payments Technology Partner of FIFA Women's World Cup Australia and New Zealand 2023, launches a new campaign with England hero Fran Kirby to celebrate the power of 'support squads' helping elite female footballers and entrepreneurs achieve their professional goals, on and off the pitch.

The pandemic changed consumer shopping patterns, with 26% of all official retail sales now coming from internet sales. This transformation has prompted small and medium-sized businesses (SMBs) to redefine their customer engagement strategies, embracing innovative digital marketing approaches to captivate and retain loyal customers.

Growing a business in the current economic climate is a challenge. With rising costs slashing profit margins and prohibiting growth, external investment has become almost a necessity for small and medium-sized enterprises (SMEs) to expand.

Small businesses are being offered the chance to take over a shop on Oxford Street, rent-free, as part of a new project launched today by Westminster City Council, in partnership with New West End Company.
 

Signalling that it has entered the next phase in its rapid growth, Brite Payments has announced the appointment of Alexander Kassai as Chief Operating Officer and Fredrik Strömqvist as Chief Financial Officer.

Secure Code Warrior, the agile learning platform for developer-driven security providers, today announced it closed its Series C funding round, led by Paladin Capital Group. At $50M USD, this marks the largest investment since the company’s inception, bringing its total funding to date to over $100 million USD.

CIBC Innovation Banking has announced that it has provided €12 million in debt financing to Phrase, a global cloud-based localisation software provider, headquartered in Prague, that helps brands localise and translate content more efficiently and manage the end-to-end process at scale.

Octopus Group, a group of entrepreneurs and investors backing the people, ideas and industries that will change the world, has announced the launch of Springboard, a programme aimed at creating and accelerating new businesses across the UK and Europe that will help to solve society’s biggest problems.

The government’s Help to Grow: Management course is helping SMEs up and down the UK to drive growth by supporting them to develop management skills and resilience to future shocks.

Carly, the CarTech company that directly connects drivers with their car’s under-the bonnet data, has launched their hotly anticipated Universal Onboard Diagnostic Scanner in the UK, following significant success and over two million users across Europe and the US.

Seraphim Space, known as Generation Space in the US, which runs the dedicated accelerator for global startups in the SpaceTech industry, has opened its applications for its 12th cohort (Mission 12).

Wing Cloud, the company behind the open-source Wing Programming Language (Winglang), launched out of stealth with $20 million in seed funding led by Battery Ventures, Grove Ventures, and StageOne Ventures; with participation from Secret Chord Ventures, Cerca Partners, and Operator Partners. Angel investors include Amit Agarwal, President at Datadog; Armon Dadgar, Co-Founder and CTO of HashiCorp; Benny Schnaider, Co-Founder of Salto; Zack Kanter, Founder of Stedi; and other industry leaders.

A new report has revealed that more than a quarter (26%) of small business owners in the UK believe that they will be forced to cease trading if the outlook for their business does not improve - a potentially detrimental blow to the UK economy.