Led by AND Digital and TechWM with support from SF Technology, Browne Jacobson, Technology Supply Chain, and Oxford Innovation Advice, this week saw the kick-off event for the innovative AI Adoption Acceleration Programme.

Fuelled by technological advancements, the smart manufacturing sector, or Industry 4.0, is experiencing a remarkable annual growth rate of 16.3%, with projections reaching $279.75 billion by 2028.

Lineage, a global temperature-controlled warehouse REIT, has launched the Food Chain Innovation Challenge, a pioneering global competition aimed at combating food waste, especially postharvest losses. This initiative invites students and startups to present innovative solutions addressing one of the world's critical issues: food waste reduction.

SEaB Energy, the innovator behind an anaerobic digestion system that generates energy from organic waste, has secured a partnership opportunity with Shimizu Corporation, one of Japan’s civil engineering, construction, and architecture firms. SEaB Energy representatives have been invited to Shimizu’s NOVARE innovation facility in Singapore to discuss collaboration possibilities.

Surface Technology International Limited (STI), a contract electronics manufacturer located in Hampshire and Cheshire, secured an £11.3 million asset-based lending facility from Cynergy Business Finance (CBF).

Malverde, a London-based company dedicated to combating fraud and financial crime, officially launched in June.

ULTRA.VC, an EU-based impact accelerator and early-stage investor, released the second cohort of purpose-driven startups at the Demo Day, held in Warsaw on June 27.

Project Brains, a Future of Work startup, has proudly announced its receipt of the prestigious Innovate UK Smart Grant for its AI-powered B2B platform, ‘ProdigyPB’. This award represents a significant milestone for the company, addressing the critical skills shortage faced by UK businesses, particularly startups, scaleups, and SMEs.

Female Foundry has announced a partnership with the Google for Startups Cloud Program. This partnership will provide eight innovative female-founded companies going through a six-week Visionaries AI Programme access to a breadth of Google resources designed for early-stage startup founders, including its latest innovations in AI.

Taxfix Group, a European financial platform for digital tax filing, has entered into a definitive agreement to acquire TaxScouts, a company working in accountant-assisted digital tax filing.

Revyve, a foodTech startup, has innovated a solution to eliminate animal-derived texturisers and additives from burgers while maintaining a meaty bite.

Octopus Ventures has announced the appointment of Erin Platts as its new CEO. Erin will take on her new role in January 2025, following a distinguished 20-year career at the intersection of finance and the technology startup ecosystem.

Nyobolt has advanced its high-power density, fast-charging battery technology from the lab to practical application with the debut of its first operational EV prototype.

The 16th May saw our prestigious group of judges come together for The Hustle Awards judging day 2024, sponsored by Anglia Unicorn. Taking place at MYO in London Victoria, the judges vast and diverse array of knowledge and expertise equated in a fantastic day.

New research from Experian has revealed British businesses recognise the critical role effective data governance plays in today’s modern economy but cite inherent obstacles in putting these practices into action.

Wayve, a startup pioneering Embodied AI for self-driving technologies, has introduced PRISM-1, an innovative 4D reconstruction model that enhances the testing and training of its Advanced Driver Assistance Systems (ADAS) and autonomous driving technology.

Techspace, a provider of flexible workspaces tailored for the tech industry, is launching a new location in Clerkenwell, London, following a major acquisition by Capreon. This new site will accommodate 900 desks and over 1,000 new members.

DeepL has unveiled the global launch of its business translation solution, DeepL Pro, expanding to 165 new markets across APAC, Africa, Europe, the Americas, and Antarctic regions and territories.

Kagool has been awarded the UAE 2024 Microsoft Partner of the Year for its Generative AI work with the UAE Federal Government.

This edition of the Startup OLÉ fair in the city of the Costa del Sol brought together nearly 1,000 attendees, some 250 speakers, more than 100 startups and more than 50 investors/corporates. It was supported by Ayuntamiento de Marbella and Junta de Andalucía.