deepc, the developer of an AI operating system for radiologists and enterprise clinical organisations, has announced the successful closure of its Series A with an additional $13 million round.

The Consumer Technology Association (CTA), the owner and producer of CES, the world’s most powerful tech event, is announcing a new partnership with the European Commission’s European Innovation Council (EIC) for this year’s CES Unveiled in Amsterdam. This partnership will help identify breakout technologies from across Europe to be showcased at the event taking place in the Beurs van Berlage on October 15, 2024. The Dutch Ministry of Economic Affairs and Climate Policy has also renewed its long-standing partnership with CES Unveiled in Amsterdam to demonstrate the groundbreaking innovations from the Netherlands.
 

Starting today, UK businesses can take advantage of Lightyear's new business accounts, enabling them to earn interest and invest their cash through the platform.

A recent SME insights report by Dojo, a specialist in card payments for independent and enterprise businesses, has highlighted a concerning trend: approximately 110,940 SMEs are at risk of insolvency due to depleted cash reserves.

Splight, an AI startup pioneering grid operations technologies, announced the successful completion of its seed funding round, securing $12M.

According to a recent market report, 68% of tourists value sustainability positively and want tools to make decisions about the environmental impact of their trips. This is just one sign that the travel industry is undergoing an unprecedented transformation with a focus on sustainability. This is reflected in hotels, which are integrating “green” technology in their rooms; the commitment to promoting the circular economy in travel; and an increase in travelers' awareness of the care and respect for the places they visit.

Wiz, a cybersecurity startup, has turned down a $23 billion (£18 billion) takeover offer from Google’s parent company, Alphabet, opting instead for a stock market flotation. This deal would have marked Alphabet's largest acquisition to date.

Marketing theory often highlights the inherent disadvantages faced by small brands. Firstly, customers' brains naturally gravitate towards familiar names, equating well-known brands with trustworthiness. Secondly, advertising tends to be more cost effective for brands with wider availability, further reinforcing the dominance of larger players.

Exoticca, a traveltech platform specialising in multi-day tour packages, has secured €60 million in a Series D funding round. The round was led by Quadrille Capital, with new investors All Iron and ICF, alongside existing backers 14W, Mangrove, Bonsai, Sabadell, and Aldea, also participating.

Global gaming and esports brand GIANTX (GX) has announced the acquisition of UK startup iTero Gaming, known for its AI coaching solutions for competitive gamers. This acquisition marks a significant milestone for the gaming and technology industries, emphasising the integration of AI in esports.

The UK's recent governmental shift has ushered in significant changes and pledges across various sectors. The Labour party has committed to embracing fintech, aiming to inject £330 billion into the UK economy over the next five years.

Despite progress, women’s representation in the global tech workforce remains low, even at leading tech firms. This highlights the need for ongoing efforts to boost gender diversity in the industry.

James Clough is the CTO and Co-Founder of Robin AI, a legaltech startup aiming to revolutionise the legal industry through advanced AI technology. Founded with the vision of making legal services more accessible, efficient, and cost-effective, Robin AI combines machine learning algorithms with expert legal knowledge.

Natalie Cramp, Consultant and Strategic Advisor of commercial data solutions provider JMAN Group, explains why startups should prioritise data from day one.

 In today's digital age, SMEs are the backbone of our economy, driving innovation and providing essential services across various sectors. However, the rapidly evolving social media landscape poses unique challenges, as well as opportunities, for these businesses.

NetFabric, a spin-off from ETH Zurich, has announced the successful closure of a $2.2 million pre-seed funding round. This investment, led by Founderful and Playfair Capital, marks a significant milestone in NetFabric's quest to revolutionise network observability.

New research indicates that 57% of the UK population fears the rapid adoption of AI in personalised medicine is outpacing the necessary training for safe system use. Additionally, 49% are worried about health data protection in this context.

An advanced airborne 5G connectivity system has been successfully integrated into a Britten-Norman Islander aircraft, completing a series of demonstration flights. Developed by Stratospheric Platforms Limited (SPL), a Non-Terrestrial Networks telecoms developer, in collaboration with Britten-Norman, this cutting-edge technology promises to revolutionise wide-scale high-performance 5G coverage.

Axevil Capital, an international digital venture ecosystem facilitating investments in top-tier global tech companies, introduced Claudia, an AI-powered investment advisor.

New research by SoSafe revealed that 85% of UK security professionals believe the current threat landscape is the toughest it has been in five years, with only 44% hopeful for improvement in the next 12 months. The alarming rise in cybercrime is overwhelming organisations.