The global “last mile” food and package delivery industry is worth almost $990 billion and is facing immense pressures to manage costs and cope with demand. Helping them deliver on their promise and create operational efficiencies, geo-location startup Naurt has announced the public launch of their software which is set to redefine the delivery ecosystem.

HiBob, the company behind ‘Bob’, the HR platform transforming how organisations operate in the modern world of work, has secured $150 million in new funding in a round that was led by Farallon Capital and included Alpha Wave Global and existing investors. 

Diagnostics testing company MI:RNA has developed a new AI-empowered testing method for early disease detection. This new technology is showing preliminary data of 73% sensitivity and 71% specificity in identifying Johne’s disease, a chronic inflammatory condition that impacts the health, welfare and productivity of cattle and other livestock. With further research, these numbers are expected to increase significantly.

A new independent report by Warwick Economics and Development at SETsquared’s Future of the Economy event in Bristol estimates that companies supported by its Scale-Up Programme will contribute £1.3 billion GVA to the UK economy between 2018 and 2030.

The Consumer Technology Association (CTA) announced technology as a new eighth pillar of the Human Security for All (HS4A) campaign. The announcement took place at an event on the United Nations Main Campus, co-hosted by CTA, World Academy of Art and Science (WAAS) and the UN Trust Fund for Human Security during the 78th session of the UN General Assembly.

The startup, which provides full-stack software solutions to transform sales to online and build a robust ecommerce system, has successfully raised $2.2 million led by I2BF Global Ventures and Somersault Ventures with many existing investors participating.

The global ‘last mile’ food and package delivery industry is worth almost $990 billion and is facing immense pressures to manage costs and cope with demand.

British deeptech startup Nanovery has achieved a significant advance, with the grant of the first patent in the UK for its unique DNA nanorobot platform.

Organisations across the country will be able to demonstrate that their new artificial intelligence and digital innovations meet regulatory requirements so they can quickly bring them to market.

Electron, a provider of marketplace software for flexibility and distributed electricity, has raised £4 million to expand in the UK, Europe, and North America, and accelerate the world’s transition to net zero.  

The Connected Banking Series focuses on building future-oriented banking models by accelerating the pace of digital transformation and delivering a delightful customer experience in line with policy and regulations while ensuring the highest standards of privacy and security.

Small businesses are facing a ‘quadruple threat’ of rising interest rates, rocketing energy prices, delayed customer payments and the cost of meeting sustainability expectations.

The tech industry is suffering from leaky pipeline of recruits and women are the solution to the problem.

A reactive approach to offering wellbeing support is still the most common option among employers, according to research from Towergate Health & Protection. The figures show that 42% of companies still opt for directing employees to support when requested, which can fall short when it comes to encouraging engagement or effective utilisation.

DKK Partners, a Frontier Markets FinTech company which specialises in emerging markets (EM) and foreign exchange (FX) liquidity has announced the successful closing of their pre-seed funding raise, totalling £3 million, prior to Series B set to take place at the beginning of 2024.

The Amplify Venture programme has received £1.4 million from the UK Government through the UK Shared Prosperity Fund. This marks the launch of a free transformative two-year programme for ambitious and underserved founders seeking to scale and expand their businesses.

Lomar’s newly launched corporate venture lab, lomarlabs, has announced its latest portfolio company and collaboration with Silicon Valley tech startup Blue Dot Change. Together, they will work to develop, design, and test Blue Dot Change’s compact nature-based catalyst dispenser, which aims to accelerate the reduction of methane in the air.

Micron Agritech, a Dublin-based agricultural technology company, has raised £2.3 million in funding co-lead by ACT VC, Atlantic Bridge, and Yield Lab Europe, positioning itself for expanded growth within both the UK and the Irish markets.

Discover a unique event experience that transcends the boundaries of artistic inspiration at the upcoming Workspace Design Show, taking place from 11 - 12 October at RAI, Amsterdam. This event will bring together the Benelux workplace interiors community in a dynamic exploration of the future of experiential workspaces.

Securing funds in the early stages is often challenging for startups. Hundreds of startups are on a similar journey. In a bustling ecosystem of software technology where SaaS startups are sprouting, it can be tough to seek venture capital, get a loan, find angel investors, or even bootstrap.