Faced with obstacles like gender discrimination, financial security, geographical bias, or availability of funding, entrepreneurs are demanding stronger community support. As a response, a new global movement of ecosystem builders is raising €2.7mn within two years to implement innovation projects that will democratise entrepreneurship and empower founders.
Tanso Technologies, a Munich-based sustainability tech startup has announced the closing of its $1.9m pre-seed financing round. The round was led by UVC Partners, a B2B technology investor with a strong focus on enterprise software, with participation of early-stage investors Picus Capital, Possible Ventures (formerly Inventures), and business angels.
At a time when many people around the UK are making career changes and starting new enterprises, aspiring business owners will be looking for the right business loan to get their companies off the ground. Choosing the right loan partner is an important decision, and it’s crucial that people know what to look for before they commit. The important thing to remember is, it’s about much more than just the money.
As a generation of digital natives, Tim Berners-Lee’s creation has become an intrinsic part of our lives today and as such, we tend to take most changes to the internet in our stride. That said, the internet as we know it is evolving at a rapid pace from its earlier inception, Web 2.0, with the latest developments making way for a whole new browsing experience.
Leaps by Bayer, the impact investment arm of Bayer AG, announced that it has co-led a $15m Series A investment round in agriculture and biotechnology innovator, , with Cavallo Ventures. Other new investors Builders VC, Germin8, Accelr8 and Wilson Sonsini participated, alongside existing investors KdT Ventures and Endurance.
British mental health startup, MYNDUP has raised £300,000 in an oversubscribed third round of seed funding. Founded in February 2020, the company has now received £500,000 in investment and grants since December last year, with investors recognising MYNDUP’s innovative offering and potential for further growth.
Akribian, a Swedish startup, is spearheading the way in which children learn maths through short adventure game-based learning that helps children retain information and encourages long term academic success. Its first product 'Count on me!' is a maths app based on a new concept of Game-Embedded Teaching (GET) which combines science and game design to encourage children to discover the magic of mathematics and accelerate their learning.
Releaf, an agtech startup that develops proprietary hardware and software solutions that makes African farmers and food factories more efficient and profitable, has raised $2.7m seed funding in a round led by Samurai Incubate Africa, Future Africa and Consonance Investment Managers with participation from Stephen Pagliuca, Chairman of Bain Capital and Justin Kan (Twitch). Releaf also secured $1.5m in grants from The Challenge Fund for Youth Employment (CFYE) and USAID.
FedEx Express has announced the launch of the Small Business Grant Competition in Europe. The competition offers a total grant pool of nearly €250.000 to European small businesses to help them grow and achieve their ambitions. For the first time, the competition will be run as a single pan-European contest, open to small businesses based in 16 countries.
Starting a business is a huge commitment. As a brand-new startup founder, it can be difficult to prioritise your health and wellness when you’re trying to build your client base, create and submit invoices, manage team members, and ensure everything runs smoothly. It can feel like a lot of pressure on your shoulders.
Spearheading operations from home has been the norm for many business owners as of late. Initially, it might have seemed like an impossible challenge. Without your staff around you, communication is slowed down, productivity lessens and everything is altogether more difficult. Yes, we’ve all learned how to adapt our approach over the course of numerous lockdowns but that doesn’t mean it has been easy.
Following what INvolve call the biggest set-back for women’s equality in a generation, and as children and workers finally return to school and workplace, Suki Sandhu OBE has called on all companies to ‘stop shelving gender equality and set the precedent’ if we are to solve the gender inequality crisis caused by the pandemic.
After rounds of interviews and many applicants, you’ve now found your star candidate and you’re ready to hit the ground running. Onboarding a new graduate should be handled a little bit differently to those who have years of experience. You want to make them feel comfortable and not overwhelm them on the very first day.
As control over the pandemic increases, businesses and their customers balance optimism with curiosity about just what 'normal' will look like going forward. If you’re a startup, taking critical next steps may involve reassessing your marketing strategy. After all, it is indeed a changed world. It only makes sense that your marketing plan could use some adjusting.
Research by DNV and World Business Council for Sustainable Development (WBCSD) reveals that despite the growing attention in the public, among legislators and companies, the shift to business models that design waste out of the system seems to progress slowly, and circular economy is rising on corporate agendas across geographies.
OpenUK has announced its 2021 Kids Digital Glove Giveaway, sharing 5,000 Digital Gloves, sustainably made in the UK, and sponsored by Nominet and the Open Data Institute. With a focus on engaging children in practical open source software coding, whilst teaching the open source definition and the sustainable development goals, the course builds on OpenUK’s 2020 Summer Camp.
Digital transformation has been pushed into hyperspeed, moving from a buzzword, to being business critical virtually overnight. From financial services right through to retail and education, the sheer pace of change has created challenges for almost every sector in the hybrid world we find ourselves in.
Algbra, a sustainable and values-focused digital finance provider dedicated to providing ethical finance solutions and promoting financial wellbeing, has attracted a wide range of high-profile backers. The Seed investment round, led by New World Group and SFC Capital earlier this year, was oversubscribed.
According to research by iwoca, almost 80 new businesses were created every hour across the UK in the first half of 2021. Analysis of Companies House data reveals that 340,534 businesses were registered in the UK between January and June 2021, an increase of 32% from 257,243 over the same time period in 2019.
UK-based Prsnt, the instant gifting app, is going public later this month after a successful beta testing phase over the past six months during which the search term 'online gift' increased over 80% last year. The app enables users to choose a gift from hundreds of the UK’s high street brands (online or in-store) and sends it directly to another person’s smartphone.
QJumpers, a sourcing and recruitment software provider, has announced it's AI Talent Sourcing. The tool scours publicly available information and uses AI to find, rank and engage highly qualified, passive job candidates that previously could not be found through traditional sourcing and advertising methods.
AirBolt, a consumer and enterprise tracking and access company, has announced the closing of its $2m series seed fundraising round, with a majority growth investment led by 72Capital. The investment will accelerate plans to expand AirBolt’s range of connected devices and global partnerships. It will also allow AirBolt to grow more aggressively internationally, expand into new product categories, and enhance its global live tracking service to deliver more peace of mind to its growing community of users.
Making.com, an online platform that simplifies the connection between people looking for production technology and suppliers that offer it, has launched. It is a platform to group technologies around the products they help make, allowing creators of all sizes access to the ‘hidden network’ of machines, manufacturers, tooling suppliers and therefore the knowledge previously accessible only through long-established private networks.
In 2020, Siemens Smart Infrastructure and WUN H2 partnered up to build a hydrogen production plant in Germany. The plant will run on renewable energy and will be carbon-free, contributing to Germany’s pledge to become gas-neutral by 2050. However exciting the news, Siemens is an established business within automation industry, the road to carbon neutrality is often harder for small manufacturers. Here Neil Ballinger, head of EMEA at automation parts supplier EU Automation, shares some tips.
Over the past year, the coronavirus outbreak left many workers confined to their homes. While this presented several challenges, it also allowed people to enjoy their creature comforts. From regular (perhaps too regular) trips to the fridge, to watching TV or playing video games on lunch breaks. The UK workforce has certainly become accustomed to a more convivial working environment. The question for many businesses, is how does this translate into work-place expectations when so many are now flocking back to offices? Love Energy Savings wanted to find out.
Guy Rigby, Founder and now Chair of the Entrepreneurial Services Group at Smith & Williamson, and his fellow crew member, entrepreneur, investor and sports enthusiast, David Murray – will row across the Atlantic Ocean as part of the Talisker Whisky Atlantic Challenge in 'The Entrepreneur Ship'. Rigby and Murray will begin their row from the Canaries to Antigua on 12th December 2021, hoping to arrive in February 2022. The completed challenge will see them recognised as the oldest pair in the world to row any ocean.
COVID-19 has shown the power of clinical trials. It took less than 300 days for one vaccine to go from being an idea in a lab to be ready for administering to the general public. The question now is how we can accelerate clinical trials for other diseases, at a time when the healthcare industry is stretched and doesn’t have the capacity to run patient research at the speed or scale that’s needed.
Here, we caught up with Dr Matt Wilson, Founder and CEO of research automation platform, uMed, who is on a mission to help more healthcare providers and their patients take part in clinical studies.
Managing your finances is the most important task to understand as a new business owner, but if you’ve never needed to keep accounts before it can seem like a daunting task. However, by following a few simple steps, you can ensure your accounts are precise and your finances are aligned with your operational goals.
The office is still a vital component of the world of work in 2021, especially for small and medium sized businesses which are leading the way in the return to the workplace. Latest figures from property agent Cushman & Wakefield shows that office lettings are at the highest level since lockdown started, and our own occupancy rates at WorkPad concur with this.
The way in which consumers are searching for products online has changed. In recent times, there has been a significant increase in question-based searches from consumers looking for quick solutions to their needs, overtaking direct searches for brand names. It’s clear the consumer environment is evolving, so what can be done to ensure existing and emerging businesses can keep up?
What a year for venture investing. Crunchbase recently released figures that show venture funding soared to a total of $288bn for the first half of 2021. This represents an all-time record high and four times the level of VC spending four years ago! With all this money raised, it seems natural that venture funding would be the first port of call for startup founders. However, that view is based on several myths. Sometimes venture capital is simply not the right fit for many businesses. And I say that as a venture investor myself.
As a small business owner, PR should be considered as a crucial part of your business strategy. Despite our obsession with social media and the glut of information that we consume daily, nothing can take away from the feeling of certitude that traditional press channels provide us. Be it in the form of news, business features or a founder profile piece, if it has the press’s seal of approval, it positively influences the way audiences respond to that piece of news.
Startup OLÉ, a technological event for entrepreneurs, returns with 400 international speakers from 36 different nationalities. The way this edition will be available will be mixed, with the 6th and 7th of September being presented in digital format and the 8th to the 10th in person in Salamanca, Spain. To facilitate access to all the content, Startup OLÉ'21 will be streamed in its entirety, completely free of charge and on their YouTube channel.
Unleash live, an AI video analytics platform, have announced an $8m Series A funding round led by SafetyCulture. Unleash live’s AI powered real time analytics platform, ‘Intelligent Remote Vision’, generates immediate insights that enable enterprises to materially drive down costs, raise productivity, increase accuracy, and improve safety. The company has seen over 500% growth since March 2020.
According to the NHS, a carer is anyone who looks after a family member, partner or friend who needs help because of their illness, frailty, disability, a mental health problem or an addiction and cannot cope without their support. The care they provide is unpaid. Staggeringly, 13.6 million people in the UK have unpaid caring responsibilities, most of whom also work.
The economic landscape of the past eighteen months has been interesting to observe, to say the least. While many organisations have been able to carve out a new niche under pandemic conditions; indeed, some have even flourished, a vast swathe of enterprises have been unable to translate their operations to a radically altered business landscape, and have fallen by the wayside.
38% of respondents have been approached over five times for a new job in the last year. That’s according to research from Talent Works, which surveyed software and government professionals to determine their opinions on different working policies and how often they are approached for new job roles. The survey also found that five percent have been approached more than ten times in the past year.
Botify has announced that they have closed $55m in Series C funding led y InfraVia Growth, with participation from Bpifrance through its Large Venture fund, as well as existing investors Eurazeo and Ventech. Nicolas Herschtel from InfraVia and Antoine Izsak from Bpifrance Large Venture will join Botify’s Board of Directors.
Since Google rolled out its core web vitals update in June 2021, there have been visible ranking changes for many websites. Numerous reputable websites that had previously had top rankings for their targeted keywords saw a decrease in ranking, on the other hand, smaller websites experienced an increase in how Google ranked them in June and July 2021.
As a provider of data cleaning services to businesses large and small, REaD Group is always keen to find out what the needs of our clients are. As such we conducted a survey into SMEs to look at what they knew about GDPR, how they hold and manage their customer data and what they do to keep it clean and up to date.
Inspirational entrepreneurs from across the UK are officially kicking off this year’s Small Business Saturday UK, as the campaign gets underway with its 100 day countdown. Aiming to support, celebrate and send out a ‘big thank you’ to small businesses for the important role they play within communities, particularly throughout the pandemic, the 2021 SmallBiz100 is showcasing a diverse range of independent businesses from across the country.
Play Well For Life (PWFL) are a for-purpose games studio that has developed an approach to the traditional board game. Merging the latest immersive technologies with the power of game-based learning, they offer a fun and engaging table-top game that stimulates social interactions and promotes mental wellbeing. The company is launching a crowdfunding campaign on September 28th to finance the next phase of development.
With the return of live music and fans now able to see their favourite artists once again, we caught up with Pascal de Mul, CEO of Exit Live - a tool for artists to monetise live show recordings. A global platform, Exit Live can be utilised by artists to sell current and historic live performances. Its fair and transparent revenue share model allows talent to fully maximise the commercial value of their music. Pascal explains to us how Exit Live works, what it’s all about and what lies ahead.
The last 18 months have been tough for everyone. We have witnessed limitations on all aspects of our everyday lives and experienced things that we never imagined could be possible. But for entrepreneurs, the unprecedented challenges that unfolded following the start of the pandemic have resulted in the unfortunate failure of many businesses and irreversible damage to industries worldwide.
There’s a quotation by Lao Tzu: "A journey of 1,000 miles starts with a single step." That’s pretty much how the Property Insights story started. Now CEO, Nitin Aggarwal started his own property career and became increasingly frustrated at the hours spent on the internet trying to get the information he needed. And, despite the time he’d invested, he still only had some surface level information.
You’ve got the idea, the business plan, the tech and - some of - the funding. You’re working on your product, iterating features, fine tuning the customer service, revolutionising a sector’s status quo. And you’re moving fast, because of your ecosystem’s need for speed. For most tech startups, those are the pillars they build a business on. But what’s the value of these if no one is paying attention? And if what your offer is so complex and new that people don’t understand it?
Sure Valley Ventures, the venture capital firm that invests in deep technology and software startups, is pleased to announce that it has invested in a €3m funding round completed by Ambisense, the IoT and AI enabled environmental risk assessment business. BGF has led the round and, together with Sure Valley Ventures, existing investors Atlantic Bridge and Enterprise Ireland have participated.
A new series shines a spotlight on 25 of the UK’s most innovative entrepreneurs and their ground-breaking businesses that are revolutionising the way we live. An entrepreneur who invented 3D printed personalised gummy vitamins tailored to people’s nutritional needs, lifestyles and goals is just one of the highlights of a new documentary featuring weird and wonderful ideas that will change the world.
Instagram have announced the launch of its first Small Business Mentorship programme in the UK, in partnership with Small Business Britain. Aimed at supporting the country’s entrepreneurs and small businesses after an unprecedented 18 months, the mentorship programme will celebrate their creativity and resilience, as many have turned to Instagram to survive and thrive.
Environmental policies and working towards sustainable practices has been a hot topic among businesses across sectors and, crucially, across scales. While larger established enterprises are naturally responsible for a larger share of the productive overhauls required to attain Britain’s environmental targets, startups and SMEs are also increasingly outlining their commitment to sustainability.
Research platform, Atheneum have announced they have secured a £110m growth capital funding round led by Guidepost Growth Equity. Existing investors also participated in the round including Crosslantic Capital Management, Michael Brehm, Vogel Communications Group, and the founding management team of Atheneum.
LawtechUK has published a feasibility study and proof of concept for a new technological approach to the late payment challenges facing British business. This would work as an ‘SME online dispute resolution’ platform, produced in partnership with a consortium of legal, technology and alternative dispute resolution experts from the University of Oxford, Oxford Computing Consultants, Resolve Disputes Online and Jur.
OurCrowd has announced that it has signed a memorandum of understanding with the Azerbaijan Investment Company (AIC), represented by the Chairman of its Supervisory Board, Minister of Economy of Azerbaijan, Mikayil Jabbarov, to promote strategic cooperation in the field of investment by the Government of Azerbaijan in OurCrowd’s portfolio.
In celebration of Startups Magazine's 'Women in Tech' issue, Startups Magazine and Inspiration Space have joined forces to host Entrepreneurship Decoded, a live event that brings together ambitious female founders for an honest conversation about what it really takes to start and grow a brand in 2021 and beyond.
Remote work has transformed all aspects of our professional lives, and this includes interviewing and recruitment. Video conferencing has enabled businesses and applicants to carry out an interview process in a fairly similar way to in-person interviews, but there is much that businesses need to consider and look out for when recruiting and interviewing for remote positions - the typical interview questions no longer cut it.
Startups looking to enter franchise agreements should pay careful attention to the contracts they enter into, a leading law firm has said. Harper James Solicitors said many franchisors are often willing to include a force majeure clause, which changes the franchisee’s obligations in the event of extraordinary circumstances - like the ones that devastated many businesses in the last 18 months.
iov42, an emerging British startup, which builds blockchain-inspired identification tools, has been chosen over corporate giants including EY, Vodafone and Deloitte to secure a spot as one of only seven tenderers selected to design and develop the next-gen of the European Blockchain Services Infrastructure (EBSI). The flagship project from the European Commission hopes to leverage blockchain technology to improve standards of cross-border services for public administrations across the EU.
As society reopens and businesses adapt to post-pandemic life, now is the ideal time for growing businesses to consider not only how their audiences may have changed but also the best ways to engage with them. Some of the most exciting changes have occurred in the way events are delivered, and we believe there are four key steps that businesses should take to establish and host impactful post-pandemic event programmes. By following these steps, your events will deliver and exceed their objectives, and help achieve wider business objectives too.
Aerospace Xelerated has announced its call for applications is open. Formerly the ATI Boeing Accelerator, the programme is being led by industry partner Boeing for its third year, with further industry partners to be announced. The programme will be investing into startups building autonomous and AI solutions that advance the way aircraft are built, from the factory floor all the way to the passenger journey.
The largest business festival in the Baltics, sTARTUp Day, will take place on 25th–27th August, creating a startup-minded buzz in the Estonian National Museum and around Tartu. It is also possible to participate in the event online, and a total of 3,000 participants are expected. To celebrate the fifth anniversary year, more than 150 speakers will be performing, the activities will take place on four stages, there are almost 50 seminars, and more than 30 side events to take part in.
When restrictions on travel and working together took hold on the world, it forced events and campaigns (which are essential to marketing) to frantically be reshuffled and moved online where possible. Sales strategies and marketing plans had to be reorganised to adapt to the new normal of the marketing world.
On 11th March, 2021, President Biden signed the American Rescue Plan Act (ARP) to provide much-needed economic relief to the country due to the COVID-19 pandemic. Much of the bill focuses on the revitalisation of businesses as a whole, as the health crisis had many negative impacts on the economy and typical operations.
Much of my work is focused around helping women to achieve their highest vision for themselves both personally and professionally. So many women, including those conceiving, founding and running their own businesses, have a strong sense of ambition and a vision but when it comes to actioning change or ‘up levelling’ they become overwhelmed and frozen in knowing where to start.
Data privacy is a major issue and that’s only going to increase in importance globally. Companies that take a well thought out approach to market expansion will most certainly want to consider the privacy regulation of each new country they enter. This is because the risk of noncompliance can have substantial consequences. The fine for a violation of GDPR can be up to 4% of annual revenue.
As a digital marketeer, data is king and the cost of ineffective data can be detrimental not only to the success of your campaigns. Still, it could also alienate or deter your audiences. Having incomplete, ineffective, or redundant data can lead you to making bad marketing decisions, causing business-altering mistakes.
Mental health technology company, Paranimo is expanding its platform offering to the charity sector following its successful launch to the general public. Developed with the support of Bristol-based Amdaris, the move will see Paranimo empower charities to offer tailored mental health support, however, whenever and wherever users choose.
The coronavirus pandemic has led companies to explore new options and working methods. In fact, many companies have adopted remote working on an absolutely massive scale. While senior management initially varied on this bold new way of doing things, but so far, the results have been pretty positive, to say the least. This is because a hybrid work model basically streamlines many, if not most working processes. It does this by the simple expedient of blending remote and semi-remote employees with their office-based counterparts.
In today’s increasingly digital-led way of life, retailers, service providers and other businesses are digitalising more of their operations and dealing with customers across a range of channels - whether it’s via a website, mobile app, email and other messaging formats, social media, or even the old-fashioned phone call.
Over the last year or so, as trade shows and retail outlets have closed and footfall in the physical world declined, digital marketing has become a critical way to reach an audience for any product or service that a start-up may be launching or growing, and especially so if you are D2C and want a direct connection with your customers.
A study of 250 business owners in London and Greater South East England by Vistage, the CEO coaching and peer advisory organisation for small and medium sized businesses, has revealed that the majority of respondents remain positive in spite of ongoing challenges, with 84% claiming they are optimistic about the next 12 months.
An online brand protection business, SnapDragon Monitoring has raised £1.2m in its latest funding round, bringing the total raised to just over £3m, from ACF Investors, Mercia, and Scottish Enterprise, to help brand owners identify and remove fakes, copycats and online threats, using intellectual property to do so.
As part of a new edition of ICT Spring (September 14th and 15th), the renowned global tech conference organised since 2010, Mastermind Summit & Competition will take place on September 15th at the European Conference Center Luxembourg. This event - dedicated to the startup ecosystem - aims to promote and spread best practices, foster emulation between entrepreneurs and VCs and offer recognition to the best international startups of the ecosystem. Mastermind is composed of a one day conference and a startup competition where three key categories will be represented: FinTech, DeepTech and NewSpace.
Business owners are feeling the pressure to adapt in an ever-changing world. The accelerated pace of change required during the global pandemic has highlighted the need for organisations to place digital transformation at the forefront of their strategies. However, putting those plans into action is another story and the difficult truth is that 70% of digital transformation projects fail.
Innovative business travel company TapTrip has teamed up with Trainline Partner Solutions (TPS), Trainline’s B2B arm and a leading distributor of global rail content, to further elevate and streamline its service to business users as rail becomes the primary source of travel for more and more domestic business customers post-Covid.
The largest global brands in the technology industry today announce their collective commitment to champion racial equity at Black Tech Fest '21, a live festival celebrating Black culture, showcasing innovation, and creating pathways for underrepresented talent. The three-day event will take place online and in person from 19th to 21st October during UK Black History Month. Last year, over 40,000 people streamed Black Tech Fest content across Black History Month and 3,500 attendees from over 20 countries attended the festival, the biggest celebration of its kind in Europe. See here to pre-register.
Over the last year, many of us have become very familiar with remote working. However, as we begin to return to normality, you’re probably wondering – what now? Is everything going to go back to the way it was pre-pandemic, or are we going to use this experience to change the way we work for good? It’s a decision that your leadership team needs to make together and back 100%, so how do you get them on board?
It’s safe to say we've all had more time on our hands during the last 16 months or so. A trio of lockdowns have given us the chance to pause and reflect on what really matters. And, while it’s been a difficult year, important conversations have been sparked leading to the beginnings of some positive change.
Angell was founded more than three years ago on the premise that Europe's major capitals would be free of individual combustion vehicles by 2025. Angell's mission is to improve day-to-day life in cities by designing, creating, and distributing future mobility objects for commuting, fitness, and leisure.
The MENA region has undergone major political social and economic changes and improvements over the last 20 years, but when it comes to business, entrepreneurship rates in the MENA region are still significantly lower than other global ecosystems. The number of early stage startups is relatively low.
Quizlet was founded in 2005 by Andrew Sutherland, while a sophomore studying French at Albany High School in California. Since then, the company has grown into an interactive learning platform and app, used by over 60 million people around the world. We spoke to Rahim Hirji, UK Country Manager at leading online learning platform and app, Quizlet.
During the pandemic, virtual events have given everyone a chance to socialise with loved ones during difficult times. It has also helped work events continue in a new dynamic, with many employees favouring the virtual experience over in-person events. But now, in a post Freedom Day world, there is a strong desire to return to physical events.
The commute as we knew it may be gone for good, new research conducted by e-bike subscription service DASH Rides reveals. DASH and Sapio Research surveyed over 2,000 city-dwelling, full-time workers, who used to work primarily in the office and now work primarily at home, and discovered that three quarters of those returning to the office will be actively avoiding public transport or seeking new ways to travel.
Foodsteps, a food technology startup that allows businesses to easily calculate, reduce, and label the environmental impact of their food, has formally launched in the UK today. The company is the first UK-based tech firm to provide carbon tracking and impact labelling to restaurants and caterers as well as food businesses.
With this year taking a slightly different format to previous programmes, the CRL 2021 cohort sponsored by Mouser Electronics was spilt into two phases. Phase one saw 20 startups take part for six weeks, work in depth with the team to learn where they are at, what they need help with, and where they want to take things. From here the startups got the chance to pitch to the CRL community, partners and investors, to compete for the final six positions which will find themselves in phase two developing their products and businesses further.
At this year’s Online Growth Summit hosted by Blooming Founders, Inga Driksne, operations advisor to early-stage founders, with a wealth of experience in supporting founders during the hiring process, shared her thoughts on recruitment best practice for startups and small businesses who are looking to embark on their first hires. Startups Magazine reports.
Vira Health, a digital health company focused on improving long term health for women, has raised £1.5m in seed funding from LocalGlobe, MMC Ventures, and angel investors including Megumi Ikeda, Managing Director, Hearst Ventures, Andrea Zitna of Elvie, former Spotify executive Sofia Bendz, founder of GoCardless Matt Robinson, and Simon Lambert, former CTO, MOO.com, and Treatwell.
Startups are looking to make their mark in the busy online world as everyone competes to be more visible to their audiences. Traditional PR is an essential part of the strategy to manage online reputation, brand awareness and promotion of a business but have you thought about combining this with SEO to level up your presence? Businesses often separate PR and SEO, but why? Blending PR and SEO together achieves better results as PR promotes the brand and SEO concentrates on ranking and traffic.
The billions promised by the government for catch-up tuition sounds like a lot of money, but when you work it out on an individual basis it’s barely enough to cover a few hours of one-to-one tuition per student. I believe that edtech rather than tuition provides the answer to meet the catch-up challenge, and his micro-tuition experiment proves that this approach can work.
It’s no secret that the pandemic has significantly challenged the events industry. Even with lockdown restrictions lifted, a hesitancy to return to large indoor events is predicted to continue for some time. In order to meet these changing customer needs and help to revive corporate events safely, Eventurous Ltd, a full-service events agency near Atherstone in the West Midlands, has launched an exciting new tipi hire service - creating an unusual and inspiring venue solution for business use.
TOCA Football, the world’s only technology-enabled soccer experiences and entertainment company, today announced the completion of its Series E funding round, totaling $40m. Leading the round are current investors WestRiver Group (WRG), RNS TOCA Partners LLC, and D2 Futbol Investors, LLC., who are joined by a group of new investors including Jared Smith, co-founder and former COO of Experience Management (XM) company Qualtrics. This round brings TOCA’s total capital raised to $105m.
LEADING independent property, construction and infrastructure consultancy Pick Everard marked this year’s International Women in Engineering Day (INWED) with the release of a special podcast, interviewing civil engineer Natalie Clemson about her journey from sandwich year placement to national director at the firm.
2021 has seen more new businesses being registered by women than ever before. I believe that when you truly set your intention to build your own business, and when you determine that nothing is going to stand in your way, you are already one solid step on the road to success. However, for women hoping to become mothers, or who already have families, the challenge of running your own business and bringing up a family at the same time is a complex one. Unless you have a stay-at-home and supportive partner, there will always be additional challenges.
You might have, in fact you most likely have, been hearing a lot of stuff about Clubhouse over the last few months. Although this audio-first social media platform actually came into existence well over a year ago, it has featured in the marketing and branding world’s Zeitgeist most heavily since the beginning of 2021.
Sanofi’s acquisition of Cambridge UK-based, Kymab in early 2021, in a deal worth up to $1.45bn, was the largest sale of a UK biotech company on record, but was soon dwarfed by the $6.9bn acquisition of GW Pharmaceuticals by Jazz. These announcements drew global attention to the UK life science and healthtech sectors, and form part of a growing trend in these industries for increased funding, commercial and M&A activity.
Whether you are running a fledgling startup from a home office or heading up an international company employing tens of thousands of employees across the world, the challenge over the past 16 months has been the same. Those business owners who successfully navigated their business through the COVID-19 pandemic should take pride in coming through such an uncertain period in one piece.
Marketing is a pivotal area of functionality for all businesses and brands. While the ultimate objective of every business is to drive sales and profits, marketing is a means to it. Marketing takes a business among people, attracts the target audience, and endorses products and services to influence call-to-action and buying.
It’s fair to say that over the past 16 months or so, we’ve become more digitally-connected than ever before. We can’t underestimate the roles that data and digital technologies continue to play in helping small businesses survive during the pandemic. Almost every interaction we all undertake every day produces data. This creates endless opportunities, but with opportunity comes responsibility - particularly when it comes to how data is used.
As we say goodbye to lockdown restrictions, new research from Sky Connect, Sky’s new B2B telecoms business, celebrates the strength and adaptability of British small businesses with a third revealing that the secret to their resilience over the past year is sheer hard work and motivation. The majority of the UK’s SMEs (80%) - which make up over 99% of the business population - believe they have shown resilience at its best throughout the pandemic.
As we successfully hosted the 2021 Hustle Awards last night at the Finsbury Business Centre (in-person finally!) and had a virtual livestream too, we saw five incredible startups take the prize across the five different categories, plus an array of talent that was also shortlisted and five amazing runner-ups. But not only that we saw our community again, and what an amazing feeling that was to be able to speak to some of you face-to-face!
The UK’s first-ever ‘Laptop Library’ has launched to help support and educate the nation’s most underprivileged children. The initiative, launched by grassroots charity CC Foundation in partnership with leading IT service provider Totality Services, will give hundreds of children access to use and borrow laptops.
According to a recent survey, just 29% of the UK’s manufacturing and engineering workforce is made up of women. Now, while this highlights a step in the right direction when compared to figures from previous years, leading multi-disciplinary engineering firm, adi Group, believes more must be done to secure the industry’s workforce for tomorrow.
Greyparrot, the London based tech company disrupting the recycling industry by providing waste analytics to monitor, sort, and audit waste at scale, was selected among hundreds of candidates as one of the World Economic Forum’s “Technology Pioneers”. Previous to founding Greyparrot in 2019, co-founders Mikela Druckman, Ambarish Mitra and Nikola Sivacki had built some of the most cutting edge deep-learning computer vision systems in the world. Now they are committed to applying this technology to the recycling sector, extracting the value of materials that would otherwise end up in landfills, oceans or incinerated.
The commute as we knew it may be gone for good, new research conducted by e-bike subscription service DASH Rides reveals. DASH and Sapio Research surveyed over 2,000 city-dwelling, full-time workers, who used to work primarily in the office and now work primarily at home, and discovered that three quarters of those returning to the office will be actively avoiding public transport or seeking new ways to travel.
Digital insurer Getsafe recently reached two significant milestones: With 10,000 customers in the United Kingdom and close to 200,000 customers in its native market, Germany, Getsafe is now the largest neo-insurer in Europe. The company currently offers contents insurance with five extensions in the UK and a larger product portfolio in Germany.
Over the course of the last year and a half, online shopping and e-commerce has, at times, been the only way consumers have been able to shop, leading to record breaking rises in people engaging with online retailers. This record volume of e-commerce purchases in 2020 has resulted in a corresponding surge in returns made by consumers who have either changed their minds or aren’t satisfied with their purchase after delivery.
The Hustle Awards 2021 is very nearly here and we cannot wait to celebrate with you all next week - whether that be from the lovely Finsbury Business Centre and Clerkenworks or from the comfort of your own sofa. From startups to freelancers, The Hustle Awards aims to recognise all the founders, co-founders and team members that have disrupted, impacted and taken a risk or a leap of faith with their business. But who has made the shortlist...
New customer demands and fierce competition: the pressure on companies to innovate is high across all sectors – and established companies and young startups alike are struggling to meet these demands. Increasingly, this is leading to cooperation between corporates and startups. In this way, the speed and agility of young companies meet the professional structures and long-standing know-how of established companies. Both startups and corporates can benefit from each other's strengths in such a collaboration and ignite a firework of innovation together.
Unibuddy, the number one peer-to-peer university recruitment platform that has helped 770,000 students from over 180 countries make better decisions about their higher education journey, has raised $20m in funding. The Series B round was led by Highland Europe with additional participation from Stride.VC. Unibuddy has raised a total of $32m since its inception in 2017.
European Innovation Council (EIC) Fund is investing €5m in the Israeli medical startup, NanoVation, for accelerating the development of its high accuracy respiratory monitor and for launching initial marketing efforts in the EU. The investment is part of the EIC’s strategy to identify and support high impact startups and small companies and assist them in scaling up game changing technologies.
Bia Care has launched its virtual clinic to improve menopause care by combining technology with personalised treatments. The remote care solution ensures that women are provided with the knowledge needed to control their symptoms, access clinically-validated treatment options, and are given the ability to share their experiences in a confidential setting.
It’s a challenge, being a challenger brand today. The relative ease and speed with which you can bring a company or product to market means the volume of brands in any given space is huge, so conveying genuine differentiation is hard. And staying the course, building a challenger that lasts, is even harder.
Fertility, menopause, maternity and gender confirmation benefits are often only available from health and wellbeing packages for the very largest corporations. As a specialist in supporting SMEs and startups, Towergate Health & Protection is now making this level of progressive care accessible to companies of all sizes.
Desana, a startup transforming how global employers utilise workspace, has announced that it has raised a $4m seed round. The oversubscribed round was led by Berlin-based PropTech 1 Ventures, BGF and existing investor Techstart Ventures, with participation from GroundBreak Ventures and the Accel Scout programme.
When you start your own business, it is your own idea and pretty much becomes your baby; the decisions, choices and growth are all within your own making. Most entrepreneurs will spend the first few months of business fully focused on their vision and what needs doing, but once you start growing a team you need to lead and be there for them.
Now in its second year, the ABB Electrification Startup challenge saw an unprecedented level of entries from global startups across 28 countries. Competing applicants took up the challenge to seek out and develop next generation solutions using IIoT and digitalisation to enable a low-carbon society and provide sustainable practices.
Israeli startup proves that AI and computer vision remove the need for cell biopsy in testing embryos
Israeli startup, AiVF has unveiled a scientific study which shows for the first time that genetic characteristics in embryos can be extracted using novel AI-based computer vision technologies. The study, presented this week at the prestigious ESHRE (European Society of Human Reproduction and Embryology) annual conference, was carried out by researchers at AiVF, which specialises in AI technology for digitising IVF (In Vitro Fertilisation) clinics, together with researchers led by Dr. Marcos Meseguer from the IVIRMA clinic in Valencia, Spain.
Picture this: an employee sits down at their desk at 10am from their home office setup. They are welcomed by their personal digital assistant, which provides a quick brief about the day ahead. Upcoming meetings and projects are flagged, reminding them to make the necessary preparations, and seek out the information needed to ensure they can confidently put their questions, ideas and suggestions forward.
Inclusive leadership is climbing the business agenda and is now the most requested management coaching topic, according to the latest feedback figures from Talking Talent, a specialist coaching consultancy. While more than a quarter (27%) of business executives have requested more coaching on being an ‘inclusive leader’ there is still significant strides to be made to tackle diversity, equity, and inclusion issues within business.
Regardless of what business you are in, a data security breach is an increasingly likely scenario that all businesses must mitigate. With escalating cybercrime, the widespread growth in Cloud computing, and the explosion in mobile devices and varying tech and app use amongst employees and partners; key aspects of enterprise security are now, and will forever be, beyond our control.
Sustainability in business practice is becoming more of a necessity than ever before. Customers are making moves to living a more sustainable lifestyle and therefore expect business leaders and their companies to follow suit. It can be a minefield knowing where to begin when it comes to acting sustainably, it’s an incredibly broad term and can be confusing to know what steps to take first.
Throughout the COVID-19 pandemic, there has been an inevitable eCommerce boom as consumers were forced to rely on online shopping throughout the various lockdowns rather than venture to shops - and this trend was particularly noticeable when it came to Grocery shopping. The question now, is whether the boom will be sustained, even as lockdown restrictions ease and more adults continue to receive vaccinations.
When I hear that female founders have been the hardest hit due to the effects of COVID-19 and the UK’s numerous lockdowns, it pains me greatly, not least because, studies such as The Rose Review estimate that if women in the UK were founding businesses at similar rates as they are in other countries, about £200bn would be added to the UK economy!
According to MoneySuperMarket, around 22% of the UK’s two million freelancers are busy delivering essential business support. As more companies embrace hybrid working models, recruiting external consultants can complement the skills of in-house staff. Here Ashmita Das, CEO of Kolabtree, the freelance platform for scientists, explains how small and medium-sized enterprises (SMEs) can integrate freelancers successfully.
ReLondon is set to convene leaders and innovators from across the capital and beyond for the fourth Circular Economy Week (#CEweekLDN), which took place 14th – 18th June. The week showcased some of London’s most promising circular economy approaches to inspire action and encourage organisations and individuals to waste less and reuse, repair, share and recycle more. The aim is to promote polices, practices and behaviours that can accelerate the growth of the circular economy and place it firmly on the agenda for the UN Climate Change Conference (COP26) in November.
TravelTech Show, taking place virtually on 14-15 September 2021, has committed to supporting startups in the travel technology space by creating a £25,000 fund that startups can apply to access. The fund supports startups from across the globe founded with the last 48 months and have not raised more than £2M in funding with subsidised exhibiting options and additional marketing and PR support.
CRL have shortlisted 16 startups as potential participants for the CRL Accelerator programme. Over the past six weeks, the CRL team have been working with the group, supporting them to identify the biggest questions and assumptions that need to be understood before they could progress their business to the next stage.
What exactly is an Advisory Board and why is it so important to growing your business? This is a question that I am often asked by founders of early stage businesses. Thankfully, as questions go, it is one of the easiest to answer and, indeed, one of those topics that can make a fundamental difference to your business.
According to government data, SMEs made up over 99% of the total business population at the start of 2020 - and this is the reason why thriving SMEs remain the backbone of rebuilding our economy. Across the UK, SMEs are getting back on their feet, employing workers and providing important services which fuel our local economies.
Over the tumultuous year we've just faced, productivity has been challenged in ways most had never considered. The strain of financial, career and health uncertainty has been a formidable foe for employees and employers alike. As we celebrate World Productivity Day this year, we do so with the learnings of the past 12 months under our belt.
Starting over with a new business idea or career path is never easy, but sometimes it is absolutely necessary (this applies to other things in life as well). I have started over multiple times. I quit a stable job in HR to start my own business. People called me crazy, but I followed my dreams and persevered. It was anything but easy, but it brought me to where I am today and I wouldn’t change that for the world.
If office space providers are to survive the shift to greater flexible working, they need to keep up with the increasing demand from businesses for shorter, flexible contracts. Long term, restrictive office commitments no longer appeal to SMEs, who are increasingly looking for complete flexibility in their requirements, to scale up and down as required, and remain agile.
Launching this month, British brand The Good Level offers high quality, full spectrum CBD oils, balms and jellies all made with UK-grown hemp. Born of the founders’ frustration in trying to find consistently high-quality CBD products for themselves, The Good Level’s range of cold-pressed CBD products offer a natural choice to support daily mental and physical wellbeing.
Israeli agritech startup, Edete Precision Technologies for Agriculture, which has thus far focused on developing a technological solution for artificial pollination of insect-pollinated crops such as almonds, is expanding its services to wind-pollinated crops. They will start with pistachios, one of the world's fastest growing crops.
Next September 14th and 15th, more than 100 international experts will participate in a new edition of ICT Spring, the renowned tech summit. The event, organised since 2010, will take place at the European Convention Center Luxembourg, at the very heart of Europe: ICT Spring will therefore be the first largest in-person event of the year. Today, the organisers are announcing the various topics that will be discussed during the different summits, as well as the first experts who will share their knowledge and best practices, during what promises to be an exceptional edition.
Writing a compelling job ad to entice graduates can be challenging, especially if writing isn’t your strong suit. How can you create the best possible job ad to attract the best talent to your business? Based on many years of experience, I have put together the perfect formula to attract stellar talent.
Kaelo is a design company on a mission to create a brand new global product category, providing the drinking experience of the future. Founded by serial inventor, Kevin Jabou, the company’s first product is described as an open bottle host; a fully patented dry-cold chamber that can be integrated into any table or countertop, to serve a drink perfectly chilled.
Early Stage investors can often seem like mythical animals hidden in parts of the city you have little access to. When you do finally catch yourself face to face in a crowded networking event, or on a brief phone call that you’ve been preparing for all week, it can often feel like an uncomfortably one-sided encounter.
London-based tech startup, UtterBerry has recently developed innovative 5G technology, which will transform Welsh farming and tourism thanks to funding and support from the Department for Digital, Culture, Media and Sport and the Welsh Government. Now the technology is ready, UtterBerry will begin revolutionising farming and tourism through the DCMS 5G Testbed Project.
The UK has seen a huge rise in the number of independent businesses being set up over the past year. New analysis from The University of Law Business school shows 854,948 independent businesses have been established since 23rd March 2020, representing a 43% increase compared to the same period a year before (594,957).
Tractable, the AI company helping insurers with accident and disaster recovery, has announced a $60m Series D investment led by Insight Partners and Georgian. The round doubles the total raised by Tractable from $55m to $115m and values the company at $1bn - making it the UK’s first computer vision unicorn.
Research from Ezra, provider of digital coaching, has found that UK employees are working longer hours than ever thanks to remote working. However, the lack of structured office hours is having a detrimental effect on employee work-life balance and wellbeing and, therefore, the quality of their work.
The first Event Tech Live (ETL) US and Canada wrapped on Thursday 10th June, content keeping to the high mark set on days one and two, Top Tech to Embrace to Achieve Effective Gamification and Back to the Future, Perhaps among the sessions and Canapii winning gold in the coveted StartUp Competition.
After over a year of anticipating the return of travel and tourism, it seems this summer we’ll finally start to see local attractions in cities across the US return in near full-swing. However, the tourism landscape that we’re returning to is not the same one that we left frozen at the starting line last summer: travelers’ priorities and needs have changed to reflect the new safety-conscious environment, and with the surge of new tech solutions released over the past year, their preferences have evolved to expect more seamless, automated, contactless systems and processes.
Read any guide on the best way to market your business and you’re bound to find social media high up the list — and sometimes, the only thing on the list. But what if the thought of all this posting, sharing, liking, boosting, engaging, following and whatnot else leaves you cold? Should you suppress these feelings and slog over social media anyway?
As we recently celebrated Local Business Week - a time to highlight the businesses that make up our UK economy. Local Business Week gives us the opportunity for us to share learnings. Here are some top tips on how UK businesses can build back better following the pandemic from UK-owned SMEs and business leaders.
Hays Technology, the recruiting experts and global super connectors, Empact Ventures, have launched ’Super Connect for Good’ for the second year running, a European ‘Tech for Good’ competition in a bid to uncover the best emerging tech startups and scaleups creating a positive impact on people’s lives through technology.
The UK needs a new order of chivalry specifically to recognise invention and innovation and elevate the status of entrepreneurship, science, and technology in the eyes of the public, according to think tank, The Entrepreneurs Network. The proposal - outlined in a new report, Honours for Innovators, and supported by MPs and leading figures from the UK entrepreneurship and technology community - would see the 'Elizabethan Order' honour up to 273 individuals each year for their achievements and contribution to innovation.
Following the ongoing discussion that youth unemployment is so high, Richard Evans, a professional careers mentor and Forbes 30 Under 30 Social Entrepreneur 2019 shares his thoughts on why the issues run much deeper than the recent pandemic. Richard has conducted over 600 interviews throughout his career and mentored over 100 students into the UK’s most competitive universities and companies as a careers mentor at The Profs.
The mobile tax assistant, Taxfix strengthens its management level with expertise from Silicon Valley and the banking sector. The two new additions, Bjoern Heckel and Franziska von Arnim, will support the Taxfix leadership team and take strategic growth to new heights in the next phase of Taxfix’s development.
Businesses are often preoccupied with 'innovation'. Far from being merely a buzzword, the concept in fact reflects the necessary and consistent iteration that drives markets forwards and allows those who invest smartly a robust edge over their competitors. The trouble is, truly game-changing innovations are vanishingly rare.
VenueScanner has secured a $1.5m funding round led by Rianta Capital and ACF Investors. Launched to enable individuals, businesses and event organisers to find better and more affordable venues, it is helping undiscovered and independent venues reimagine how they use their space and fill their down-time.
The Modern Milkman, a fast-growing sustainable grocery startup that offers doorstep grocery delivery in return and reuse packaging without single-use plastics, has announced the closing of a funding round led by global venture capital and private equity firm Insight Partners. Existing investors ETF Partners and Serial Investor Simon Murphy also participated in the round.
Tech Nation’s ‘The future UK tech built’ 2021 report, published earlier this year, revealed that the UK currently sits third in the world for venture capital (VC) investment in tech companies, behind only China and the US, with $15bn pledged last year. Great news for the UK’s emerging businesses, right? Well, Simon Philips, CEO of ScaleUp Capital, tells a different story.
Alibaba Group’s Tmall Global has announced the launch of the UK and Ireland edition of ‘Go Global 11.11 Pitch Fest’, a virtual event designed to help international brands grow their businesses globally. Following the success of Pitch Fest 2020 in the US, the programme will be opened up to British and Irish brands looking to find success in China.
Last year, all types of people with different jobs were thrust into a new, unfamiliar place of business, which also happened to be their home. While we have all become used to the diverse types of personalities you find in an office, we have all had to adapt to different styles of and needs for working from home.
The application of artificial intelligence to automate diagnostics is one of the solutions that are already being implemented. DES2021, in collaboration with EIT Health, has brought together experts from companies such as T-Systems Iberia, Novartis and Ferrer to analyse the impact of technology on the health and pharmaceutical sector.
Reactive Reality, the leading augmented reality (AR) company increasing sales and brand loyalty for fashion e-commerce brands by enabling them to offer virtual fitting rooms to their customers, has announced the opening of a new office in Minato-ku, Tokyo along with the appointment of their Japan Country Manager, Keiichi Iwamoto. This move continues the company’s international expansion, adding to offices in Graz, Austria, and Milpitas, California.
The COVID-19 pandemic has forced businesses of all shape and size to adapt, adjust and pivot in response to the ‘new normal’. Whilst larger businesses - who suffer from being less nimble than their startup counterparts - have faced unique difficulties, startups – who lack the cash reserves and structure of larger businesses – have also faced their own challenges. Many startups have had to fundamentally reconsider their business models and how they operate as a result.
Swedish tech startup, Staccs, has launched its brand new, premium streaming on-demand service for filmed music concerts in the Nordics. Opening the doors to a world of iconic and legendary concert moments, Staccs is providing fans the opportunity to relive their favourite gigs, on demand, advert free - and in the highest quality possible. It also opens up new revenue streams for the music industry, whereby legacy video content can be marketed in a new and innovative way - benefiting the content owners. The new home for concerts on demand, Staccs presents a new and unique commercial opportunity for the industry.
Banco Santander (through Santander Universities) and Oxentia Foundation are launching the Santander X Global Challenge | Helping Businesses Prosper for entrepreneurs with innovative, scalable solutions to help SMEs - the main driver of economic growth, job creation and social unity - digitalise and be more efficient.
As businesses develop, so do their ideas and offerings. This often leads to an expansion in a business’ IP portfolio. Due to the public disclosure associated with Intellectual Property (IP) rights, monitoring your competitors’ application filings may provide insight into their future offerings and business direction.
Mobility technology company, WhereIsMyTransport is set to successfully close the second funding round for capital to expand its already impressive portfolio of mobility data and solutions for emerging-market megacities. This will bring the total raised by the company during its Series A funding to $22m.
Black, Asian and mixed background tech entrepreneurs from London and Greater Manchester will join a five-day virtual trade mission starting today (7th to 11th June). The mission will see fifteen companies ‘touch-down’ in North America to meet with corporates and startups to explore new investment and export opportunities and accelerate their expansion plans in the US market.
Kavida.ai, a supply chain resiliency startup, founded in 2020, has secured £300,000 ($425,000) in pre seed capital from strategic investors. The company provides enterprises with decision intelligence tools to prevent and mitigate supply chain disruptions in a range of sectors including apparel, FMCG, food, retail and pharma.
Growing up, many people considered the games I played to be a distraction from the ‘important’ things in life, such as my education and career development. However, as a member of the ‘gamer generation’, I see how much we are overturning this view. Along with many others, I believe games offer a huge amount of business learnings that as startup leaders, we can capitalise upon.
The competition enforcer’s new regulator for Big Tech risks damaging competition and innovation in the UK, argues a report from The Entrepreneurs Network and the International Center for Law and Economics (ICLE). The report argues that by limiting acquisitions, and implementing a series of burdensome regulations around product changes, the regulator will decrease the amount of funding going to startups, and hurt Big Tech firms’ attempts to compete with each other.
We know that when starting out it can be very daunting and you may need a little help when it comes to direction, discipline and planning. That is why we have decided to create another version of the extremely popular Survival Guide. Brought to you by Startups Magazine and Digi-Key Electronics, this second edition of the Survival Guide brings you resources in the ten step entrepreneurial journey.
Majority (83%) of UK cities are interested in acquiring office space, indicating an increased demand in returning to the physical workplace, according to insights from Orega Offices. The findings were based on data obtained from 18 cities across the UK, analysing average keyword monthly search data to reveal ‘the cities where office space is most-in demand’.
Launched in 2017, Huboo is one of the UK’s fastest growing fulfilment providers, working with more than 800 eCommerce retailers worldwide. Renowned for its unique ‘micro hub’ technology, which enables online retailers of all sizes to access a complete end-to-end fulfilment operation within minutes, Huboo has grown dramatically over the past few years - expanding its total UK warehouse space to 11,000sqm, and growing its team to 250 people.
Molex Ventures was founded in 2013 as a strategic organisation designed to accelerate change and transformation through engagement with the innovation ecosystem. It leverages corporate venture capital to invest in startups and incubate organic ideas that have strategic alignment to the future growth opportunities of Molex.
Uptree has not only been designed as a professional careers platform and network to help young people get started in the world of work, find work experience, apprenticeships etc, but also to democratise the entire careers education process. The work Uptree have been doing also won Tamsin Dewhurst the Founder of the Year award at our very own Hustle Awards 2020. We caught up with her to find out more.
The NatWest Accelerator supports and empowers UK entrepreneurs and business owners to scale their businesses to the next level. Through our specialist Accelerator programmes we provide wrap around support and access to expertise, removing barriers and providing more opportunities to help customers grow.
New research from GovGrant, with data commissioned from CBI Economics, has revealed that just 10% of UK SMEs own Intellectual Property (IP) rights. This scenario is further exacerbated by the fact that the UK’s top ten patent applicants are predominantly made up of large firms, but still make up almost a fifth (18%) of IP applications. This suggests large firms dominate SMEs when it comes to applying for patents.
Creative England and the British Business Bank’s Start-Up Loans programme have announced a new partnership, establishing an accessible source of financial and business support for creative entrepreneurs across the UK. The partnership provides vital support for creative businesses - many of whom struggle to access traditional forms of finance - to start, grow and develop their IP.
COVID-19 rocked the world and demanded many changes to the way we went about our daily lives. As a result, this pivotal year has led to a renewed focus on the health of our planet post-pandemic. Many have recognised the positive reaction to the world slowing down on our natural surroundings, and many have taken the opportunities that this huge period of change has offered to drive their ambition to make a difference.
According to the Project Management Institute, project success depends on whether it’s delivered on time and the cost doesn’t exceed its budget. It’s even more important to consider if the delivered IT product works as it was intended, people within the company can use it and it ultimately meets that goal that drove the project initially.
Naturally, large and small businesses have innumerate differences in their motivations and capacity to operate. For instance, SMEs commonly benefit from the flexibility imparted by smaller and more focussed teams, with ownership often aligning with management. Conversely, they may have less financial freedom to invest in diversifying or building the kind of economies of scale enjoyed by more established enterprises.
New regulations for more sustainability in the European Union: on 10 February 2021, the EU adopted a tightened version of the Circular Economy Action Plan. Among other things, this plan deals particularly with the top of the sustainability chain, more specifically with specifications for a more sustainable product design. Bennet Barth, Program Director RESPOND at the BMW Foundation Herbert Quandt, explains what startup founders should look out for if they want to make their products more sustainable.
Virtual events have provided a lifeline for thousands of companies during the pandemic, allowing them to stay connected to their audiences and keep vital sales and marketing efforts going. But at the same time, most organisations have struggled to deliver a positive, consistent audience experience due to connectivity issues, problems with event formats, or difficulties encouraging participation, averting desk-based distractions and preventing Zoom fatigue.
As we now know, this year’s CRL cohort is slightly different with a larger number of startups initially involved, and then after a six-week period, a hackathon and a pitch day, six will be chosen to continue on the accelerator programme. I got the chance to catch up with all 18 startups, to find out a little bit about the founders, the business, their big ideas and some of the challenges they have faced with their products and proof of concepts so far.
Employees are at greater risk than ever of suffering burnout and employers should consider putting in place preventative and curative measures. For startups in particular it is important to look at tackling burnout in a sustainable way, eradicating the factors and issues before they take hold. Debra Clark, Head of Specialist at Towergate Health & Protection explains.
Fully embedding a Corporate Social Responsibility (CSR) strategy within a business is more important now than ever, and this applies to startups just as much as to any blue chip. One may be forgiven for thinking that startups have more urgent priorities: securing investment, gaining customers, hiring talent or simply turning a profit, for instance.
Business festival sTARTUp Day has announced the programme of this year's hybrid event. The festival brings to the stage over a hundred speakers in the course of two festival days and one side event day. On 25th-27th August, the Estonian National Museum in Tartu will become a meeting place for all the startup-minded people, with performers sharing their experiences on four stages, dozens of practical seminars, sTARTUp Pitching Powered by EstBAN, and many side events.
It's been a challenging year for all businesses and the startup community has been particularly impacted by ‘unprecedented times’. Kindred opened in 2018 and we had just celebrated our first birthday when the pandemic struck. As an owner of a space centered around community and connectivity, and one that constitutes as a hospitality business, I’ve ridden both personal and professional waves of uncertainty that we’ve experienced throughout the pandemic.
GEICO, the second-largest auto insurer in the US, is partnering with Tractable to accelerate its auto claim and repair process. Tractable’s proprietary computer vision technology, trained on millions of historical claims, assesses vehicle damage like a human appraiser. Inserting AI into the process, GEICO will be able to accurately review estimates within seconds while also reducing administrative overhead.
ICAS World Ltd (ICAS), a global provider of mental health and employee wellness services has acquired the NHS-commissioned mental health tech startup, Hello Tomo. The acquisition is the first major milestone for ICAS as it rolls out its new global digital health strategy, tapping into the $121bn mental wellness market and expanding its support for the 790 million people around the world currently affected by a mental health condition.
Richard McCall, CEO of Armalytix, believes that despite the post COVID-19 road to recovery, Britain’s army of small businesses face an extremely uncertain six months as the implications of tax deferrals, loans and uncertain growth combine. Richard argues access to up-to-date financial information, made easier by Open Banking will help these businesses maximise the potential upside of the recovery.
Starting and growing a business also means getting a team of people together to grow and work with you and support you. But that’s not always easy. Sometimes it takes a few tries to get that perfect match (new business idea: a LinkedIn and Tinder hybrid!) and you have to make tough decisions on who you want on your team.
Many things in businesses are reliant upon achieving the right balance. Sometimes this balance can be easy to achieve and other times it can be much more difficult to obtain. Sometimes it is a statutory requirement and other times it is more of a yin and yang thing that improves the business in many different ways. But all are important.
Recruitment remains a significant challenge for scaling a business. Like any other business skill, recruitment takes understanding and experience to get right, but the hiring process can be lengthy - anything from about 19 hours for design/creative roles to 30 for IT posts. Get it wrong and it all adds up to a colossal waste of time.
UK-based business, Cook My Grub, has exceeded its initial fundraising target by 150%, raising over £750,000 in just four weeks after receiving major investor interest. The challenger brand, which was conceived and launched within only seven months, is expected to shake up the food industry with a revolutionary platform that provides hungry local diners with access to home-cooked food that isn’t available on the high street.
Buying British has been a trend that seems to go in and out of vogue every 10-15 years. The label 'British Made' was once a mark of quality and respected the world over. Items made from British steel were the pinnacle of reliability while, until the BSE crisis, British meat was regarded as the highest quality.
A new ‘coinless, not cashless’ solution by British startup Shrap has just started real life trials - with the first in Rochford in Essex as part of Community Access to Cash Pilots and will run until the end of September. Shrap will enable businesses such as pubs, cafés, restaurants and shops to continue to accept cash but without the hassle and expense of coins. The trial is backed by major banks, consumer groups and business organisations.
To raise awareness of the importance of pollinators, the threats they face and their contribution to sustainable development, the UN-designated 20 May as World Bee Day. In Cork, an Irish Agtech startup, ApisProtect is working on revolutionising beekeeping by working with beekeepers around the world to develop innovative technology to remotely monitor honey bees.
Algbra, a sustainable and values-focused digital finance provider dedicated to bringing an end to community and ethnicity based financial inequality has launched. Founded by Chief Executive Zeiad Idris and Chief Operating Officer Fizel Nejabat, the firm’s mission is to educate, engage and empower overlooked minority communities and facilitate their ability to take control of their finances. Algbra has raised £3.75m in fundraising and is backed by SFC Capital, British Business Investments and New World Group.
Diversity VC, Crowdcube and Frontline Ventures has announced the launch of the ‘Diversity VC: Parental Leave Guide’ as part of a collective of 25 top VC and tech firms. The guide, a first of its kind for the VC industry, aims to set the standard for parental leave policies and offers step-by-step advice on how VCs can create them. The guide is focused on the UK, and we hope the principals will be useful for other countries.
The insurance industry is ripe for disruption. For consumers, shopping for fair insurance coverage is complicated, and plans are often expensive. For insurers, measuring risk in potential customers isn’t always straightforward, and determining fault or the extent of damage in an incident is often challenging.
Banco Santander (through Santander Universities) and Oxentia Foundation are launching the Santander X Global Challenge | Helping Businesses Prosper for entrepreneurs with innovative, scalable solutions to help SMEs - the main driver of economic growth, job creation and social unity - digitalise and be more efficient.
The pandemic has forced businesses, CEOs, and humans in general, to reconsider what is important to them, how they want to spend their time, and what they want to do in the future. In fact, my firm’s 2021 CEO Purpose Report, conducted amidst the COVID-19 pandemic shows that 79% of CEOs surveyed said the pandemic has had an impact on the way they run their business.
Creating a great startup marketing strategy doesn’t have to be stressful. You can use solid frameworks and marketing principles to start successfully. It just helps to hear those recommendations from someone that’s had the experience before you stumble through trying to discover the best approach yourself. The ideas in this article will help you get started.
The hospitality industry is a dynamic environment in a constant state of movement and evolution. Thanks to technology, the industry has changed at an unprecedented rate in recent years. With hotels open and working full time in the ongoing pandemic, technology is more important than ever and will play a key role in recreation.
Businesses are sleepwalking towards a costly talent exodus, with four in ten employees (38%) looking to change roles in either the next 6 or 12 months or once the economy has strengthened - rising to 55% for 18-34 year olds. That’s according to new research from Personio, the all-in-one HR software solution, which is calling on businesses to prioritise their people as we emerge from the pandemic, or risk paying the price.
electronRx is a deep tech startup, based in Cambridge, UK. The company’s story began in 2017 when Founder, Dr Bipin Patel set out to transform how we deliver healthcare and treat disease. The company is built from a team of interdisciplinary scientists and engineers who have all been brought together to develop novel technologies to sense the physiological environment and inform personalised therapeutic interventions.
As major economies reopen across the globe and consumer confidence rises, Sage has unveiled the true levels of resilience and optimism amongst SMEs across the UK, US and France. Sage’s recent sentiment survey shows that SMEs - the economic backbone of many countries - have reached a turning point and confidence has largely returned.
Running a zero-waste business always starts with passion. Passion for the products, passion for ‘being better’ and passion for the planet. In order to ensure that you’re going to have the biggest impact, you need to consider all elements of your business from manufacturing and supply chain to the packaging that you use.
One presumption about tech-for-good startups is that they generate less profit than traditional tech companies. This is a myth - they need to take care to prevent the nobility of the cause from getting in the way of their financial ambition, but there is no fundamental conflict between good business and business for good.
Absence management platform, e-days, has launched its Absence Risk Profiling Report informed by its work with 5,000+ businesses over the last 10 years. The comprehensive report summarises a decade of anonymised data collected on businesses that are looking to improve absence and compresses years of conversations, analysis, and market statistics into one report.
Innovation, by its very nature, involves change and disruption. This is undisputed, but many businesses can, naturally, have some reservations about disrupting themselves too much. After all, change can often seem like a scary thing. But businesses have now been forced to change by something well beyond their control. The aptitude to risk has changed and ‘pandemic’ will be referenced in the PESTLE analysis of every university student's dissertation for years to come.
Israeli startup, EVR Motors has unveiled an innovative electric motor, based on a new patented topology, which it calls TSRF (Trapezoidal Stator Radial Flux). The company has successfully developed and tested the first prototypes of its lightweight and compact TSRF motor. EVR expects its new motor architecture will be adapted to a wide range of vehicles in cooperation with automotive OEMs and Tier 1s. A production-ready motor is scheduled to be introduced to the global market later this year.
Today’s consumers are an evolved, diverse and versatile breed with ever-changing expectations. They make educated choices, are equipped with relevant information, and continuously challenge the enterprises they interact with. That said, enterprises that go the extra mile to understand their customers and their customers’ needs have an added advantage.
These days, finding information is easy since you can always choose to access all of the world’s knowledge from the comfort of your office or house. But getting all that information alone is not sufficient for you to build a profitable venture, discover new investors, and develop an outstanding product.
When my business partner, Jack, and I started UnderPinned in August 2018, we had countless images of what running a startup would look like. Time has shown that many of them were poorly conceived. Some, downright fanciful. It’s only been two and half years, but it feels like aeons ago now, and I’ve often thought back to that time, wondering what I would tell myself if I could hop into a time-machine and talk to a younger, bright-eyed and bushy-tailed Albert.
“Cautious optimism is hugely important,” the CIO of a large coffee shop chain told us at the end of 2020. The sentiment of caution is familiar: the lockdown life we have all come to know is characterised by endless cancelled plans, delayed returns to the office and an underlying sense of uncertainty. Any optimism that we entertain must be held up with the slightest suspicion that our well-laid plans may indeed fall apart.
Regardless of size, recruitment is often one of the most difficult areas for businesses to handle. Finding that vital talent via recruitment agencies requires an upfront investment that many businesses simply don’t have. The alternative, the DIY approach, is deeply time-consuming, taking anything from 12-40 hours from application to hire and it’s very easy to get wrong if you lack the experience.
On February 5, 2021, a hacker initiated a cyberattack on a small water plant in Florida. If successful, the attack would have caused multiple health complications for the 15,000 residents that the plant provides water for. This is just an example of the disastrous consequences of cyberattacks on smaller companies. But how to avoid them?
A series of backers, including former c-suite executives from Barclays, American Express, Expedia and Hertz have invested in family travel tech startup tripAbrood, to further develop its revolutionary AI-powered family booking experience. tripAbrood has raised £645,000 seed funds in its second round of funding, bringing total funding to just shy of the £1m mark. It comes seven months after its September 2020 beta-launch.
One of the few silver linings to come from the pandemic has been the rapid adoption of innovation in healthcare. The race to develop vaccines in less than one year is a prime example - taking anywhere between 10 and 15 years in normal circumstances. Other technologies such as telemedicine for virtual appointments, and Virtual Reality (VR) or Augmented Reality (AR) that provides lifelike remote training for medical staff, have broken through with great pace.
There are a lot of things that we take for granted. Something as simple as reading the label on the ingredients for dinner is quick and easy; but not for everyone. For all the wonderful things making our lives easier, there is still a lack of tech out there which effectively assists blind people in everyday tasks, such as reading text. Billy Wood, Founder of Owlett, has set out to change this.
Sprout.ai, the insurtech that enables insurance claims to be settled within just 24 hours, has announced that it has raised £8m/$11m in Series A funding. The round was led by one of Europe’s largest and most active early-stage investors, Octopus Ventures, and was joined by existing investors, Amadeus Capital Partners, Playfair Capital and Techstars.
A little over a one year ago, CES just made it under the wire. One of the last of the major trade shows to 'go live' prior to the onset of the Coronavirus Pandemic, the mammoth showcase for emergent technology attracted its normal lineup of 1,200 startups, 4,400 total exhibitors and 170,000 attendees while delivering more than a hundred panels, seminars and presentations.
Thanks to the new advancement, hoteliers will be able to manage multiple properties all in one place. Built by Bidroom’s in-house team of technical experts, the new web application offers a simpler solution for managing bookings and room rates, and an intuitive content management platform designed to easily update hotel information, images and offers.
Diginex Solutions, the disruptive impact technology company helping to solve the world’s most pressing challenges, has launched DiginexESG to help companies of all sizes and reporting experience make their ESG reporting faster, easier and more affordable. The platform also enables large organisations to collect ESG data in their B2B client network, allowing them to make more educated decisions around risk, lending, and value.
Miso Robotics, the startup transforming the foodservice industry with intelligent automation, announced the release of its standalone software as a service (SaaS) offering, CookRight. Packed with expanded cooking capabilities and accessible through an affordable subscription model, CookRight is the world’s first artificial intelligence (AI) powered cooking platform able to automatically identify and track products and tasks.
The Mathys & Squire Scaleup Quarter team hosted a virtual pitch event on Monday 26th April 2021 to celebrate World IP Day. The theme for 2021 was ‘IP and SMEs: Taking your ideas to market’. With SMEs making up over 99% of all UK businesses and contributing around half of all business turnover in the UK, the importance of supporting such businesses in their growth and development is clear for driving economic recovery and human progress.
LOT Network, an international community of high-tech companies committed to protecting its members from costly litigation from patent assertion entities (PAEs, also known as 'patent trolls'), welcomes space tech startup company, Orbital Exploration Technologies (OrbitX), to its membership of more than 1,400 members. OrbitX is the first commercial space venture in the Philippines.
Systems and procedures are crucial to the running of every successful business. Some company structures are inevitably simpler than others, and the complexity of the business does of course dictate the type of systems and procedures required, as well as the level of need. But whatever the size and complexity of the business, procedures are always needed.
All products go through the different lifecycle stages of introduction, growth, maturity, and decline. As such, companies need to learn about the lifecycle stage to set performance goals, such as sales and profit growth targets, and make resource allocation decisions, such as strategic and human resource planning. A product lifecycle can last for several days or even continue for years.
This week Alphabet Inc, parent company to Google, saw record profit earnings during its first quarter, with its net profit jumping by 162% in three months. This success has been unsurprisingly attributed to the pandemic, with more people at home using online services to stay informed, connected, and entertained, as we continue to work remotely under lockdown.
With research showing that up to 96% of customers would consider switching from a business after a single bad service experience, there can be no doubt that service is a key differentiator for today’s customers. Contact centres have always been challenged by employee productivity and surges in demand, but never more so than now as remote working has brought new and more complex management issues.
Agility and resilience are qualities we’ve all had to show in the face of unprecedented challenges since March 2020. It has been hard for all of us personally, and it has also been challenging for many professionally, with industries created and destroyed overnight; wild variations in customer demand; and general economic instability. In response, many businesses have had to pivot fast to survive and, in some cases, thrive.
The 'NINJA Accelerator in Kenya' - powered by the Japan International Cooperation Agency (JICA), in partnership with Double Feather Partners (DFP), Deloitte Tohmatsu Venture Support (DTVS), Deloitte Tohmatsu Financial Advisory (DTFA) and GrowthAfrica - kicked off this week with a virtual event hosted in Nairobi, highlighting five high potential Kenyan ventures, a tailored but intensive programme, as well as a chance to take part in an international experience from Nairobi to Tokyo, and now Silicon Valley.
London-based AI scaleup, Vivacity Labs has been honoured with a Queen’s Award for Enterprise. The Vivacity Labs team was awarded the Innovation Award for its technology that supports government, regional bodies and local councils to re-think and optimise the way traffic and transport infrastructure is built and used.
Suss Ventures has backed five investment deals with a combined value of £570,000 in under half a year. The new investor matching service is funded by Sussex Innovation, the business incubator owned by the University of Sussex. Since it’s foundations in 2019, Suss Ventures has welcomed over 100 investors and fundraisers into its growing community and has hosted quarterly events welcoming over 300 attendees, comprising investors and founders.
Intrapreneurs are known as ‘the dreamers that do’. One thing’s for sure: they do a lot more than just brainstorm ideas. From boosting revenue and driving growth, changing company culture, and improving retention and recruitment, intrapreneurship has the ability to enhance a business from top to bottom. And for startups transitioning from bootstrapping into a more established identity with an increasing number of employees, it’s critical to nurture an intrapreneurial outlook.
As per a survey performed by a magazine, 70% of our youth wish to settle in different countries, primarily the US and UK. Working in a foreign land is their idea of 'success'. Now emigration isn't as much of a problem as long as employers manage to keep the spirits of the international employees high, thereby, leading to their long-term engagement with the company.
Funding Options, the marketplace for business finance, has launched Funding Cloud, a technology and data-driven platform that will bring unparalleled scale and speed to the SME finance sector. Lenders including Just Cash Flow, iwoca, YouLend, Optimum Finance and FIBR have already integrated with Funding Cloud to benefit from its innovative technology and as a highly efficient channel for customer acquisition. By Q4 this year, the company expects to have more than 30 lenders fully integrated.
At White Camino we’re huge fans of challenger brand thinking, whatever market you’re in and even if you’re number one, keep behaving like a challenger. Leading with your ideas and having a distinctive voice are vital. After far too many years of working in the entertainment industry telling stories about erm... stories, has given us plenty of experience of dreaming up pipelines of great ideas. To get things started we spoke to a few of our compadres to gather some of their pearls.
From better work-life balance and wellbeing to zero commute time, working from home is said to have more than a few perks. According to a recent study by Instant Offices, Britons who have been working from home have accumulated 1.2 billion extra hours which means a mammoth figure of £21.9 billion worth of unpaid overtime is lost.
Conducted by Frank Recruitment Group's specialist Salesforce recruitment arm, Mason Frank International, the survey asked over 1,800 IT professionals from around the world for their opinions on the tech jobs market, salaries, and benefits. The findings showed that 54% of respondents who would consider relocating to the UK for work would be open to pursuing opportunities beyond the capital. Among the cities mentioned by respondents as potential relocation options include Newcastle, Liverpool, and Leeds.
To mark Earth Day 2021, creative workspace and accelerator, Huckletree has announced a second wave of speakers for its upcoming Earthrise Summit, a virtual festival to unite sustainability leaders, founders, politicians, change makers and innovators from all corners of the world - to inspire people to take action.
London-based digital agency, WeAgile has rolled out a company-wide policy which supports anyone that has suffered a miscarriage by offering paid leave. Following the recent announcement where New Zealand’s parliament had unanimously approved legislation that would give couples who suffer a miscarriage or stillbirth paid leave, WeAgile implemented the same thing for their staff.
Payhawk, the platform for payments and expense management, has raised $20m. The Series A round is led by the US-based fund QED Investors, which has a strong track record of investing in 18 fintech unicorns, including Klarna and Nubank. Existing investor Earlybird Digital East, who led the $3.6m seed round in March 2020, is also contributing fresh capital.
If you own an up-and-coming startup, you need to find reliable, skilled workers - and freelancers usually fit the bill, especially because they come with flexible payment schedules. These employees can help your business navigate the initial stages to achieve success. That said, you should note that freelance workforces can be tough to manage.
Research from Ezra has revealed that a fifth of UK workers feel they get less recognition within their career as a direct result of working remotely. It remains to be seen to what extent we will return to a full working environment, as COVID-19 restrictions see many continue to work from home for part of, if not their whole working week.
Networking. Some people love it, some people hate it. But everyone knows it’s essential if you’re setting up a new business. Or is it? Tell anyone that you’re setting up a business without any industry contacts, and they’ll raise their eyebrows at you. Wouldn’t it be better to get to know the industry first, they’ll ask? Shouldn’t you build up your network before diving in?
Oil major, BP recently announced that 25,000 members of staff must Work From Home (WFH) two days per week post pandemic. As more firms transition to long-term remote working, evaluating and improving home office set ups will be critical to success. Here Kristian Torode, Director and Co-founder of business unified communications provider, Crystaline, looks at what companies should provide for their workers.
Suss Ventures have contributed a six-figure sum alongside a multi-million investment drive. This raise marks a huge success for Suss Ventures who are synonymous with sourcing sustainable businesses for their community of impact-driven investors and corporate partners. The zero-effort payment system eliminates the worry of parking fines and is completely cashless, automated and secure.
When you are building a plane in the sky - startup speak for tricky innovation in a tough environment - things slip. In the case of fast-growing businesses, important people priorities and processes fall down the agenda. Diversity and inclusion is one of them. It can be deprioritised by default, in a race to stay afloat, pay your teams and spend time on what will get you where you need to go, quickly.
Founded by childhood friends, Lucy Cohen and Sophie Hughes, Mazuma is a UK-based provider of online accounting services for small and micro businesses. As qualified accountants, the pair spotted a gap in the market in 2006 for low cost and stress-free accountancy which specifically serviced SMEs and the self-employed. Fast forward to today and the company is celebrating its 15th anniversary.
As we enter the ‘roadmap’ to recovery from the COVID-19 pandemic, businesses are reassessing their people operations. Some have adopted a ‘hybrid’ working model, allowing employees to split their time between working from home and from the office, and others have even given up their office spaces entirely.
Virtual reality is no longer a novelty, but VR events are an innovation in the event industry and marketing. A virtual event is a potent tool for promoting your brand or for organising conferences and concerts. This is an entirely new project that allows you to hold an event while staying at home, despite emergencies, such as the 2020 quarantine or other events.
When a startup embarks on the entrepreneurial journey it can be very daunting, and you may need some help and guidance along the way. Here at Startups Magazine we have created our second Survival Guide issue, sponsored by Digi-Key, which will give you in depth advice and information from some of the industry's leading experts.
Vistage, business performance and leadership advancement organisation for small and medium-size businesses, has found that over 3 in 4 (74%) of SME leaders expect economic conditions to improve in the next year. The report has also found that a majority (84%) of companies anticipate revenue will continue to improve in the same period of time.
GENIE, an automated talent agent for the creative industry, has announced the closing of its second funding round, led by female led corporate advisor, Adelpha, taking their total funding to-date to £1.75m. GENIE also announced advertising industry legend, Sir John Hegarty as Chairman, as the team look to disrupt the ways companies hire talent in the post-COVID world.
With COVID-19 restrictions constantly changing and evolving worldwide, many employees taking business trips to other countries, or already working abroad, have found that they are suddenly either banned from returning to their home country or not allowed to leave the country they have visited. Employers must ensure they are able to support employees who are stranded away from home.
It’s now been over a year since the first COVID-19 lockdowns hit, sending myriad companies hurtling into the unfamiliar world of remote working — and that time has proven very informative. On the whole, people have discovered that working at a distance isn’t the drain on productivity that many skeptics had claimed for so long, and the lack of time or money spent on commuting has left plenty of professionals determined to keep working from home in the future.
On Tuesday, 6th of April, the new European rural innovation initiative REinA (Rural European Innovation Area) was launched. An initiative created with the aim of reducing the gap between the two sides of Europe and Spain, a growing and thriving urban side opposite to the empty, rural and deprived of a true future.
Living in a digital world, where everything could grow or destroy your business, marketing is a very important strategy to use. Now when the internet has reached almost the highest point, it is a very good thing to use it to work with you, not against you. Any industry that uses technology and relies on it, has major changes each year because the technology is advancing each year.
Over the past year, remote working has proven to be less of a hindrance and more of a benefit to a lot of UK businesses. As a result, business decision makers are more flexible when considering candidates for employment, with new research revealing that nearly three quarters (73%) are open to hiring people from anywhere in the UK, rather than just those local to their business.
2020 acted as a catalyst for trends we have seen in our economy for some time, from the rapid digital transformation across every aspect of our lives, to the dramatic rise in demand for e-commerce. Now more than ever, customers are expecting the 'next day delivery' option to be the norm, and it’s vital that all business leaders, regardless of the size of their operations, recognise the impact this can have on their business.
As the pubs re-open today - hooray - outside only course, we thought we wold highlight some of our beer related startups to celebrate! Did you know, after water and tea, beer is the most consumed liquid by human? In the UK alone, there are more than 2,100 breweries and 120,000 alcohol-serving retail locations, which results in over nine million kegs in existence.
Prsnt have raised £180,000 through Suss Ventures, the bespoke investor matching service at Sussex Innovation. The tech startup aims to dominate the gifting marketplace, by creating a peer-to-peer gift exchange platform to leverage the ‘feel good' factor of giving and receiving gifts. The investment will be used to streamline the app after its successful beta testing, and to grow its user base as part of ongoing business and technological development.
There once was a time when setting up a business without a website would have been unthinkable, however in the age of social media, websites seem to have been prioritised and replaced by social media accounts, and this is particularly relevant in the hair and beauty industry, which is dominated by mobile stylists, freelancers and small independent salon chains.
Attic Self Storage has announced the launch of its eCommerce Accelerator Program, to celebrate the official opening this week of its brand new facility in Harrow, London. Attic also has several other sites across London, so will be championing budding entrepreneurs in the capital by offering them free units, workspaces and funding to help them scale their enterprises.
Technology today plays a major part in our daily routines, as well as our working lives. It has had a huge impact on the workplace and will only continue to do so at an incredible rate, due to the technological advancements of our time. What’s more, the events of the last 12 months have massively reshaped work culture across the globe. In particular, the need for technologies that can be used to virtually replicate an office environment, will continue to grow in importance as we move into 2021.
The world is not going digital anymore, it is already there. Many industries have now embraced technology in almost all their operations, and the Financial industry is no different. Bitcoin, Robinhood, Monzo, Fintech are just examples of how technology has enhanced services in the Financial industry.
Empathy, a platform helping families navigate the journey they face after losing a loved one, has announced the launch of its application on iOS and Android for users across the United States. Empathy’s technology-enabled platform is designed to guide families experiencing loss with purpose and compassion. Empathy is backed by $13m in a seed round co-led by General Catalyst and Aleph.
The twin forces of Brexit and the coronavirus pandemic have wreaked havoc on business confidence in the UK. It therefore comes as little surprise that almost two thirds (64%) reported the combination of the two made 2020 the hardest year they have faced, according to a recent survey of commissioned by One World Express.
Medical innovation has become a significant focus for venture capital investment in the last ten years. A growing, ageing population combined with the opportunity to develop global solutions is driving a spike in investment innovation that helps people better manage wellbeing or enables them to get well sooner.
The fifth edition of Digital Enterprise Show confirms its celebration in person at IFEMA, bringing together the entire technological ecosystem. DES2021 will guide Spanish companies to take advantage of NextGeneration EU European recovery funds and find the technological partner to drive the transformation of their business model.
New data released today by Innovate UK, points to a dramatic increase in the number of young people setting up their own businesses in the last decade – with the number nearly doubling (98% increase) from 2009 to 2020. What’s more, despite the pandemic - and in some cases inspired by the impact of COVID-19 and the subsequent lockdowns - numbers continued to jump in 2020, with a 15% increase in the number of young people starting their own businesses from 2019.
Have you noticed that there has been a dramatic shift in people's priorities over the last 12 months? But as things begin to ease out of the third lockdown and into a 'new normal', how are we going to maintain habits and rebuild our businesses so they are fit for the unknown future? Here Sara Osterholzer, co-founder of The Good Business Club, shares some insights on the small business movement to Build Back Better and how to get involved.
Small businesses have been some of the worst affected by the COVID-19 pandemic, lacking the resources needed to recover in the same manner as bigger companies. The new Help to Grow scheme announced by the UK Government plans to help small and medium enterprises (SMEs) develop their digital competencies and boost their profits, while helping the nation expand its technological infrastructure. Here Neil Bellinger, head of EMEA at automation parts supplier EU Automation, explains what the new initiative means for the manufacturing sector.
Until the early 2000s, banks held almost a monopoly in credit. Around that time, enabled by the emergence of the internet a new type of digital lending started to emerge and with it a new way to invest in private debt: peer-to-peer (P2P) lending. This innovation allowed retail investors to put their money in small loans so that consumers could achieve their financial goals. We spoke to Kimmo Rytkönen, CEO and Founder of Income Marketplace about the rewards of P2P investing.
At first glance, you may be wondering what a vendor list is and how it could ever be a profitable business. Well, we are in the year 2021, in the middle of a global pandemic and women everywhere are stepping out of their comfort zone and making big things happen from their brilliant ideas and imaginations.
Property managers are tasked with tracking multiple assets and actions over several properties through all stages of development - from planning to building and maintaining. These days, the role of the property manager is becoming increasingly streamlined and data-driven through the adoption of smart technology.
COVID has caused disruption in the business and education sector like nothing before. With the unpredictability of exam cancellations, the jobs market simultaneously seizing up and becoming flooded with job-seekers, and with some sectors unrecognisable to what they were this time last year, many young people are considering the option of ‘going it alone’ when it comes to taking their first steps in to the workplace.
Oxford Medical Products (OMP) has raised £1.2m in seed investment to develop a safe and affordable weight loss capsule, which uses the same mechanism of action as a gastric balloon, but can be taken at home. The funding will be used to complete pre-clinical testing, upscale and outsource manufacturing and grow the team.
For all businesses, especially startups, to prosper systematically, sharing feedback effectively is essential. When functional feedback sharing is made a part of the company culture, it turns out to be beneficial for everyone. Even the most talented and passionate employees need a sense of direction from their superiors.