Visa, Froda and Lunar are announcing a global partnership and launching a new, innovative technology aimed at resolving issues surrounding financing. The product, which for the first time utilises push-payment functionality for financing, aims to reduce transaction times to mere seconds. Ordinarily, this process would have taken months.

IoT companies raising funds in 2022 pulled in $15.9 million on average, up 30% from the previous year, reveals new research by Avnet Abacus, an electronics distributor that consults engineers when they’re designing new products. The engineering firm analysed crunchbase data for companies listed under the Internet of Things to provide insight on the level of investment activity happening within the IoT.

 

Inspired and engaged employees are often the people who perform best. By fostering a work environment that motivates a team to perform at the top of their game, push boundaries, and challenge the status quo, business leaders can have a real impact on the quality of work their company produces.

The list of challenges facing industry is long: climate change, energy shortages, disrupted supply chains and a shortage of skilled labor. The solution to these challenges lies in the targeted use of technology. At the same time, governments need to get their economic policy right. HANNOVER MESSE 2023 covers not only technologies for connected, climate-neutral industry, but also provides a forum for a global policy discussion among industry, government, science and social representatives.

As Brits tackle the rising cost of living, new data released from Sky Connect - Sky’s B2B telecoms business - reveals that the majority (87%) of freelancers and remote workers are concerned about the impact working from home is having on their energy bills.

Latvian SaaS Trace.Space has raised $1.5M in pre-seed funding to build AI-enabled, API-first software for complex engineering product development.

The online tutoring platform evulpo has closed a 7.7 million Swiss franc deal in a seed financing round.

Biotechnology company Maxion Therapeutics (‘Maxion’) today announced the completion of its USD $16 million (GBP £13 million) Series A financing.

Blackfinch Ventures has bolstered its portfolio with a £625k investment in Tangle, a flexible, scalable, enterprise-grade platform that delivers best in class apps 10-20 times faster than with traditional development methods. 

Leading AI company Bear Robotics is launching Servi, an innovative new robot set to revolutionise the food service industry.

Food company Paleo has closed a Series A funding of €12M to scale up production of key ingredients for plant-based meat and fish alternatives through precision fermentation technology.

tapeeno - the first mobile card reader to use Faster Processing payments has launched in the UK.

ShipStation, a cloud-based e-commerce shipping solution, today announces that UPS is live on its carrier services platform in the UK.

There’s no question that UK small businesses are feeling the strain right now. These SMEs are contending with a cocktail of rising overheads, while customers have less cash in their pockets to spend.

Reskube the British startup behind its eponymous remote-working resilience solution, has announced the launch of a new round of crowdfunding.

Startups and SME’s are being told to switch to VoIP telecoms systems to support the growing demand for flexible working patterns or risk losing key staff.

Towergate Health & Protection releases the details of research into the recruitment plans of over 500 companies from across the UK. The findings reveal that one third (33%) of employers have increased their employee headcount over the last 12 months, and 42% are looking to increase employee numbers further over the next 12 months.

Employers should demonstrate their commitment to cultivating a diverse workforce by offering inclusive employee benefits, according to digital health app, Peppy. 

As the UK moves towards its net zero goals, it faces a myriad of skill shortages across all industries and sectors, as the government puts pressure on businesses to decarbonise for the future.