Ittybit, a developer tools company, has announced the successful closure of a £1.5 million oversubscribed funding round, led by Mercuri and Sure Valley Ventures. This investment will enable Ittybit to further its mission of making  AI-led media pipelines accessible to developers worldwide.

Kneron, the San Diego-based full-stack AI company known for its neural processing units (NPUs), has released its latest Edge AI server and an AI-embedded PC.

NEC X, the Silicon Valley innovation accelerator backed by NEC’s portfolio of advanced technologies, is once again accepting applications for Elev X! Ignite, its venture studio programme that transforms early-stage founders into seed-ready startups.

ESG_VC, an industry initiative enabling startups and their investors to improve ESG performance, has published an analysis of ESG data collected from 587 startups backed by leading venture capital firms including Atomico, Molten, Beringea, Oxford Science Enterprises, and Astanor.

Not too long ago, on-site physical IT infrastructure and traditional software were the only options available to tech-forward companies. As such, many businesses have relied on these legacy systems for decades.

Employers are ramping up health and wellbeing support for their employees, according to the latest research from Towergate Health & Protection. Nearly three-quarters (74%) of employers say they now offer more support than they did two years ago, with 42% offering "much more" support. This positive move can help alleviate many problems faced by employees.

Storyblok, the modern content management system (CMS) for all teams, has announced the close of its $80 million Series C financing, bringing the total amount raised to $138 million. Brighton Park Capital led the round, with participation from existing investors HV Capital, Mubadala Capital, 3VC, and firstminute capital.

Businesses are looking forward to growth in the coming months, as activity across the private sector showed its strongest performance in nearly two years.

Digital Catapult has announced that a new cohort of companies will join Digital Security by Design's (DSbD) Technology Access Programme (TAP) to trial necessary new cyber security solutions.

In the modern era of increased digital connectivity, more startups and entrepreneurs have to undergo due diligence processes before forming business relationships or making important decisions, such as committing to investments.

Dutch startup Neople, a software solution that creates AI co-workers for e-commerce customer support teams, raised a €6 million investment round led by Newion and Simon Capital.

Supplai, introduces an innovative freight logistics solution, and has expanded to Saudi Arabia with AstroLabs, the Gulf’s leading business expansion platform.

Wall Street English, a company in English language training, announced a corporate partnership with HCLTech, a global technology company, to offer English language courses to IT professionals.

Monzo has reported its first annual profit since launching nearly a decade ago. The London-based fintech has benefited from higher interest rates and growth in transaction fees and subscriptions.

A US bankruptcy judge has approved WeWork’s Chapter 11 bankruptcy plan, enabling the shared office space provider to eliminate $4 billion of debt.

Kevin Wright is Chief Brand Officer and business strategist at Showerkap, a tech company on a mission to change how people use water and energy. Its platform combines engineering and behavioural science in a first-of-its-kind smart technology, enabling users to reduce water waste, carbon emissions and costs.

Data is all around us and if you’re working in a startup, there will be a wealth of responsibilities you will need to manage when it comes to your organisation’s data. The first step, however, is to start by trying to understand the different types of data that you may come across.

Northern Data Group, a provider of High-Performance Computing (HPC) solutions, has announced the launch of its inaugural AI Accelerator, designed to fast-track AI innovation and bring the world’s best ideas to life. Selected startups will rapidly establish or scale a proof of concept for their AI concepts.

Having a strong cybersecurity posture is at the top of most companies’ lists. But for organisations in media and entertainment (M&E), the threat from nefarious actors can be existential.

Reset Connect London, the sustainability and net-zero event and flagship event of London Climate Action Week, will return to ExCeL London on 25-26 June 2024.