Pleo is celebrating another year of triple digit SaaS growth, leading to group revenue increase of over 50% for FY23.

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

Sustainable Ventures, a European climate tech hub, has invested significantly more in female founders than the global industry average, committing nearly a quarter (23%) of its funds to all-female founding teams compared to the industry's 1.8% in 2023.

The field of AI has been around for decades, but its current surge is rewriting the rules at an accelerated rate. Fuelled by increased computational power and data availability, this AI boom brings with it opportunities and challenges.

Bill Gates said, “to win big, you sometimes have to take big risks.” He was right. Startups need to embrace risk, but they must ensure their legal team aligns with their risk appetite, says Dan Adams, Founder of legal advice for startups specialist, Arbor Law.

Securing VC funding is crucial for any startup to transform innovative ideas into reality, fuel growth, and create value. Despite tighter market conditions, early-stage capital remains available for promising teams and visionary entrepreneurs addressing significant industry problems. Late-stage capital is also widely accessible once companies reach scale and prove their business models.

Gendo, an AI platform transforming the architectural design process, has secured an oversubscribed $1.1 million (£855,000) pre-seed round led by Concept Ventures, with participation from Ascension Ventures, Carles Reina’s Baobab Ventures, and notable angels from the AI and architecture sectors, including the former Global Head of Design Studios at WeWork.

Over the years, major cities like New York and London have been centres for innovation and development, due to their dense networks of talent, resources and infrastructure. They have largely monopolised access to capital, drawing people from smaller cities and communities to live and work in diverse industries, and cultural centres, helping to foster creativity and collaboration and creating ecosystems where ideas can rapidly develop and scale.

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

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

The adoption of AI has fundamentally reshaped how businesses function, and is revolutionising the way organisations operate and innovate.

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

Managing a business requires you to make tough decisions to determine priorities. This is especially true if you’re a startup trying to grow with limited resources. For instance, which programmes should you sustain? Which business operations should you scale down, and what activities should you stop altogether?

Founder of Another Round and former MMA fighter, Max Cotton, has announced the launch of the AI-powered fitness training solution, VOR. The VOR Engine crafts fully personalised workouts for healthcare and fitness professionals to deliver in-person or online.

The freelance revolution cuts across every industry, shattering the once-impenetrable walls of corporate hierarchy. From software gurus to PR ninjas, even executive leadership, a vast pool of independent contractors – not employees – now fulfil every imaginable role across companies.

It’s almost impossible to completely shut yourself off from the potential of AI. Even if you’re not directly thinking about how you can integrate it into your startup, it’s inevitable that your investors are going to be raising questions about how it might become part of your business in the future.

With 90% of customers choosing products based on recommendations, leveraging your existing customer base is a powerful way to attract new clients and grow your business. Encouraging customers to share their stories about your products or services helps to build a genuine image, which, in turn, draws in new leads.

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

It’s not news that today’s world of work is evolving rapidly, being shaped by disruptive forces like artificial intelligence. The ability to think like an entrepreneur is critical to success in such an environment – and it can’t be altered or diminished by AI, which will replace 85 million jobs by next year.

The landscape of digital banking has seen a significant transformation, with innovative players like Starling and Monzo at the forefront. This article provides a detailed comparison of these two financial powerhouses, examining their services, fees, user experience, and security measures.