Education plays a crucial role in the economic growth and social development of any country. However, challenges in state school provision often lead families to opt for fee-paying schools. Addressing the financial strain this causes, EduFi has announced a $6.1M funding round for its 'Study Now, Pay Later' lending platform, launching in Pakistan where 40% of students attend fee-paying schools, contributing to an annual education expenditure of over $14 billion.
In an industrial estate on the outskirts of London, a team of engineers is pioneering a green revolution in cold-goods delivery. An ambitious startup, Sunswap, has developed innovative technology to eliminate diesel emissions from refrigerated transport. Backed by Barclays and the Clean Growth Fund, their zero-emission vision is now being embraced by major industry players.
Prepare to be captivated and unnerved as we explore the realm of innovation where cutting-edge technology meets creepy creativity. In this journey, we'll explore the dark corners of the tech startup world, uncovering the top spine-chilling tech startups that are redefining the boundaries of what we ever thought was possible. From trying to bring back extinct species, to a startup aiming to preserve the brain and keep its memories intact, to a lifelike artificial human corpse that can bleed.
At Tourism Innovation Summit (TIS) 2023, Adriano Sanchez, Co-Founder of Maphunter talks to Startups Magazine's Deputy Editor, Anna Wood all about their product which allows tourist to access customisable video content anytime, anywhere, so they can enjoy the freedom to explore the city at their own pace, without limitations, and according to their preferences.
The challenge of hygiene is paramount in medical facilities, necessitating countless hours dedicated to sterilising instruments. This was the situation in Dr. Giorgio Castagno's dental practice in Valsesia, northern Italy. It took the assistant over six hours daily to sterilise tools and drills. Dr. Castagno identified this not as a minor inconvenience but as a significant issue.
MacDonald grew up on a farm in New Zealand and was always active in the environmental scene there. He ended up doing a teacher's qualification thinking he could go and teach for a period of time while travelling. He came over to London in 1999, teaching Geography and Maths at a school in London, and never left the country! He commented that in 2016 he “wanted to move to an electric car but struggled with being able to charge it. So, I ended up working on a little side project whilst teaching, moved to part-time and eventually left teaching in 2021 and took this on full-time.”
Robert Rizea and Bogdan Demeny are the Co-Founders of Racketpal. As two passionate tennis and squash players, Rizea and Demeny realised there was no obvious and easy way for them to meet other players who were also up for a game. But they knew there had to be a way to fix that. Then one evening in September 2018, the pair were enjoying a pint in The Cleveland Arms in Paddington when the eureka moment struck. They decided it was time to create an app to help racket sports players meet each other, and started working on plans for the app that became Racketpal the very next day.
This year’s edition of Tourism Innovation Summit (TIS) featured some fantastic traveltech startups on a mission to revolutionise the travel industry. The event finished up with the Touristech Startup Fest, where 40 startups pitched their businesses to a jury of industry leaders and investors. Of those, we have rounded up a highlight list to share these businesses with you.
Frame is an AI-enhanced collaboration software with a mission to provide a framework for focus. Project managers utilise Frame as a unified platform to streamline task assignments, centralise communication, and monitor project progress in real-time, ensuring teams stay synchronised and projects remain on track. Remote teams use Frame to stay connected and organised, simplifying collaboration across all their tools in one unified space.
Munro Vehicles (Munro), a manufacturer of all-electric 4x4s, and Scotland’s only volume production car company, has announced an equity crowdfunding round and revealed details of design and technical enhancements for its all-electric 4x4 Series-M Pick-Up and Series-M Truck models, driven by extensive field trials of, and customer feedback on, the Munro MK_1 pre-production model.
In a world grappling with overconsumption and cost-of-living pressures, ivault is pioneering a solution that puts a planet-friendly lifestyle in the palm of your hand. The blockchain-based app is set to redefine the sharing economy, making it easier and more rewarding to share what we already have rather than buying new.
Bioniq, a precision health startup, is now offering personalised supplements, Bioniq PRO, for customers from all over the world. The startup expands access to personalised supplements worldwide using its patented algorithm that already leverages data from more than 40,000 people with over 4 million biochemical data points.
Diagnostics testing company MI:RNA has developed a new AI-empowered testing method for early disease detection. This new technology is showing preliminary data of 73% sensitivity and 71% specificity in identifying Johne’s disease, a chronic inflammatory condition that impacts the health, welfare and productivity of cattle and other livestock. With further research, these numbers are expected to increase significantly.
Labour shortages have affected large parts of the world and various industries. The security industry is also feeling the crunch, with many countries around the world facing a 52% staff shortage of security guards which means companies are struggling to fulfil contractual obligations or sign new business.
In the heart of Eastern Europe, a technological revolution is underway that is reshaping industries, redefining innovation, and garnering global attention. Ukraine has emerged as a hotspot for tech startups that are making waves in the global tech ecosystem. From climate tech solutions to medtech products changing lives, Ukraine's tech scene is a testament to the nation's resilience, talent, and entrepreneurial spirit.
CELUS is a startup aiming to simplify and accelerate the electronics design process for the global engineering community by enabling smart electronics engineering. Utilising its deep tech software, CELUS aims to innovate the electronic design process into the modern era. To learn more, we spoke to Co-founder and CEO of CELUS, Tobias Pohl.
On the 27th of July, Atula Technologies was announced as one of the finalists in the Digital Innovation Awards category. This event is organised by the Buckinghamshire Business First (BBF) across several categories every year, as a tribute to recognise businesses that take extraordinary strides to make difference.
In an era of unparalleled technological advancement, the intersection of medicine and technology has given rise to a new wave of innovation in the healthcare industry. Medtech startups, with groundbreaking ideas and cutting-edge solutions, are leading the charge in transforming patient care, diagnosis, treatment, and overall healthcare experiences.
Phasecraft, a startup led by top academics developing quantum algorithms, has raised a £13 million Series A funding round led by Silicon Valley deeptech VC, Playground Global. AlbionVC also joined the round along with participation from existing investors Episode1, Parkwalk Advisors, LCIF, and UCL Technology Fund.
Ukrainian-Portuguese startup HotBall aims to reduce inequality and make entrepreneurial knowledge more affordable by launching an AI consultant that helps create a comprehensive business plan in minutes. The team believes that students, aspiring founders, and small businesses will benefit from this tool.
Healthtech company Entia has closed a successful £16m Series A financing round. The round was led by BGF and Parkwalk plus other existing investors, with the capital earmarked for the UK commercial rollout and US regulatory approval of the company’s flagship innovation, Liberty – the most comprehensive remote patient monitoring solution for people undergoing cancer treatment.
Israel-based processor technology startup NeoLogic has announced it has raised $8 million in a seed round led by Maniv Mobility venture capital fund with lool Ventures and M-Ventures. The company is also supported by the Israeli Innovation Authority. The funding is coming on the heels of a year in which venture capital funds' appetite for making new investments has plummeted.
Space is an area of excitement and constant discovery. With constantly evolving and improving technology, the startups focusing on space are filled with innovation and are consistently making huge strides in improving and developing space technology. Startups Magazine has rounded up 10 of the most exciting space startups that should be on your radar.
Ukrainian-founded Preply reached a milestone in the company’s funding history, raising an additional $70 million in equity and debt capital to take its Series C to $120 million. With almost 500 employees of 60 nationalities across 30 countries worldwide, Preply has become a global e-learning powerhouse that connects 35,000 tutors with the world’s largest live language learning community.
The gaming sector is a behemoth, projected to be worth $300bn-plus by 2025, with upwards of 90% of UK children aged between three and fifteen actively engaged in gaming. However, amid concerns of cyberbullying, addiction and negative stereotypes, a non-profit organisation called Tales of Us (Tales) has emerged as a trailblazer. Led by Eva Vonk and Stefanie Plattner, Tales seeks to revolutionise the gaming market by prioritising collaboration, diversity, and inclusivity.