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PHINXT Robotics Secures £2M to Enable Robotics Automation at Scale

PHINXT Robotics, an AI-driven robotics software company, has secured £2 million in an oversubscribed funding round. This round was led by Sure Valley Ventures and included participation from Ada Ventures, Heartfelt, and Atlas Ventures.

Funding 10 months ago
Procurement’s Role as Protector of Profit
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Procurement’s Role as Protector of Profit

Despite the UK's headline inflation rate decreasing from 11% in 2021 to 2% in June 2024, businesses are not resting easy. In a recent survey by consulting firm The Hackett Group, procurement leaders identified inflationary pressures on profit margins as a major concern for 2024. For startups, protection against market volatility is critical to ensuring longevity and growth.

Features 10 months ago
Define your endgame – the secret to startup success
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Define your endgame – the secret to startup success

The journey from a humble garage startup to a sustainable business is fraught with challenges – most startups don't survive their initial years. While challenges like funding or product-market fit are common hurdles, a critical – and often overlooked – factor is lack of a clear vision for what they want their business to be in the future.

Features 10 months ago
Top 10 Artificial Intelligence Trends for 2024
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Top 10 Artificial Intelligence Trends for 2024

The emergence of AI has brought with it unusual professional and business development opportunities, but it has also revealed the importance of tackling new socio-economic and regulatory challenges. International leaders from more than 41 countries participated in the eighth edition of Digital Enterprise Show (DES), the largest European summit dedicated to exponential technologies held in Malaga, Spain. 

News 10 months ago
Revolut vs Starling: the digital banking battle
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Revolut vs Starling: the digital banking battle

Revolut vs Starling: the landscape of digital banking has seen a significant transformation, and picking the right bank for your needs has become a complicated affair with so many innovative new players in the market. This article provides a detailed comparison of these two financial powerhouses, examining their services, fees, user experience, and security measures.

Features 10 months ago
How tech companies can build a culture that attracts and supports female engineers
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How tech companies can build a culture that attracts and supports female engineers

Gender diversity within teams is crucial for every company, but with recent data showing that tech startups, in particular, have a poor track record of attracting and retaining female talent, what more can be done to support and retain female engineers?

HR 10 months ago
Cognizant & Oxford Economics’ report shows strategic shifts in enterprises adopting AI
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Cognizant & Oxford Economics’ report shows strategic shifts in enterprises adopting AI

Cognizant has unveiled a companion analysis to its 2023 comprehensive study with Oxford Economics. The new report, "New Work, New World: Quantifying Global Gen AI Momentum," highlights cautious optimism as a key driver for the current market adoption of generative AI across various industries and regions.

News 10 months ago
Why businesses no longer have to choose between growth and sustainability
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Why businesses no longer have to choose between growth and sustainability

Government, shackled by the need to appease voters and navigate political agendas, simply can't drive the change we need to reach net zero. Political parties struggle to lead in climate innovation because their policies often prioritise large, established sectors over nimble, innovation-driven startups.

Features 10 months ago
University aims to ‘scaleup’ growth following startup success
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University aims to ‘scaleup’ growth following startup success

A new report from the University of Northampton (UON) will scrutinise the economic strengths and weaknesses of Northamptonshire, aiming to harness the burgeoning startup scene in the county.

News 10 months ago
How to use AI to help, not hinder, your business
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How to use AI to help, not hinder, your business

Artificial Intelligence (AI) usage in the UK has risen by 66% since September 2023 and 18% since the beginning of 2024, according to Slack’s Workforce Index. As the owner of an AI tool myself, I see this as a positive. It paves the way for increased productivity, efficiency and profitability for businesses, amongst a shedload of other benefits.

Features 10 months ago
How monetising apps effectively benefits brands and users
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How monetising apps effectively benefits brands and users

Gary Knight, CEO at WOLF, explains the process of how the company monetised its app, successfully generating revenue for the company and its app users.

Features 10 months ago
Healthtech wins Startup of the Year for Music as Medication at Global Awards
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Healthtech wins Startup of the Year for Music as Medication at Global Awards

Hull-based healthtech company MediMusic, which has developed AI technology to prescribe music as medication to ease pain, anxiety, and stress for people with dementia, won the Startup of the Year award at a global music tech summit.

News 10 months ago
How small businesses can harness the summer of sport
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How small businesses can harness the summer of sport

Marketing to consumers during major sporting events can be challenging. Not only is the competition between official sponsors, but a sizable portion of large businesses are tapping into opportunities around them too.

Brand 10 months ago
Government scheme ChipStart boosts UK chip startups by £10M
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Government scheme ChipStart boosts UK chip startups by £10M

Eleven pioneering semiconductor startups, specialising in advanced AI and groundbreaking healthcare technologies, have been inducted into the ChipStart incubator, a government-endorsed support programme designed to commercialise their cutting-edge research.

News 10 months ago
The SaaS industry rising: why investing in service is a good idea
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The SaaS industry rising: why investing in service is a good idea

The software as a service (SaaS) market is vast and versatile. It unites a broad variety of products and companies, from Zoom and Salesforce to Adobe and Dropbox. There is something for an investor with any aspirations, be it simply to grow capital or to create something defining and revolutionary. If, as an investor, you have a preferred industry, you are very likely to find some SaaS startups within it to consider.

Features 10 months ago
What it means to be a CEO in the AI Era
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What it means to be a CEO in the AI Era

The topic of Artificial Intelligence (AI) comes up in nearly every conversation I have right now – whether that’s with my executive team, Board, employees, clients, shareholders or other stakeholders. It seems to be the only thing that people are interested in and want to talk about. And rightly so, in my view.

Features 10 months ago
Fiverr deepens eCommerce solutions with acquisition of Dropshipping automation tool AutoDS
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Fiverr deepens eCommerce solutions with acquisition of Dropshipping automation tool AutoDS

Fiverr recently revealed its acquisition of AutoDS, a platform offering a comprehensive subscription-based solution for dropshippers. AutoDS streamlines the dropshipping process with features like product research and sourcing, inventory management, and automated fulfilment.

News 10 months ago
The role of entrepreneurship centres in shaping innovation
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The role of entrepreneurship centres in shaping innovation

As we navigate the complexities of the modern business landscape, the importance of fostering innovation through structured environments cannot be overstated. As the Director of the recently launched Porto Business School Entrepreneurship Center, I am keenly aware of the transformative potential these centres hold.

Features 10 months ago
Sage and Virgin StartUp announce partnership to empower UK entrepreneurs
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Sage and Virgin StartUp announce partnership to empower UK entrepreneurs

Sage, renowned for its accounting, financial, HR, and payroll technology tailored for small and mid-sized businesses (SMBs), recently announced a new collaboration with Virgin StartUp, the arm of Virgin committed to aiding UK founders in their entrepreneurial journeys.

News 10 months ago
Manchester – A primary hot spot for flexible workspaces
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Manchester – A primary hot spot for flexible workspaces

When selecting a city to open Koba’s fist flex location, Koba @100 Barbirolli Square, Manchester was a perfect place to start with so much growth and activity in the property sector.

Features 10 months ago

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