London-based Immersive Fox – a tech startup specialising in AI-generated videos for sales and corporate communication – has closed a €3.3 million [£2.8 million] seed funding round to help advance proprietary AI technology that allows clients to create unlimited video content using their face and voice. 

In Part One of this series, Victor Basta, CEO, DAI Magister gives a masterclass in preparing for a successful funding round during an economic downturn and what companies can learn from trends in the African ecosystem.

In Part Two of this series, Victor Basta, CEO, DAI Magister continues his masterclass on preparing for a successful funding round during an economic downturn and what companies can learn from trends in the African ecosystem.

Swoperz, the pre-loved marketplace “run by kids and managed by grown-ups”, has secured £250,000 in a pre-Seed round led by early-stage venture capital firm Jenson Funding Partners.

Neurons has announced today that Kyle Nel has joined the company’s board, formalising years of collaboration.

Brite Payments, one of Sweden’s fastest growing fintechs and leaders in instant bank payments, received top honours in the ‘Payments System of the Year’ category at the recent Retail Systems Awards in London.

Upp., a London-based technology business that uses artificial intelligence and machine learning to disrupt how retailers market and sell their products online, has raised $10 million in a Seed funding round led by California based Bonfire Ventures.

Cyprus-based PropTech startup buildbuild that develops software for managing construction projects and increasing their marginality in the SMB sector has raised $1,250,000 in investments from the Luxembourg-based company Lvl Group SARL.

FemTech Lab is a global ecosystem supporting early-stage startups in female health and wellness. Passionate about accelerating fair healthcare for all women around the world, and to ultimately help women reach their full potential through better understanding their bodies and cyclic nature.

The Decarbonisation Technology Challenge is a global competition to find innovators that are reshaping the global energy landscape.

Pleo has announced revenue and transaction volumes almost doubled in 2022, launching 10 new markets.

The UK’s cyber accelerator, Cyber Runway, delivered by Plexal and funded by the Department for Science, Innovation and Technology in partnership with Deloitte and the Centre for Secure Information Technologies, is accepting applications for its Grow and Scale streams, with submissions open until 14th August.

The Hardware Pioneers Max expo is back, showcasing a lineup of talks on AI hardware, providing exclusive insights from top thought-leaders.

University of Salford Business School is supporting some of the region’s rising entrepreneurs to further bolster their businesses through management training, amidst the current challenging climate for employers.

UK fintech startup ZIPZERO has relocated its head offices from London to Aberdeen, Scotland, in a bid to accelerate its growth.  

The rise of artificial intelligence (AI) has the potential to boost Britain’s economy by £400 billion by the end of the decade, according to a report by Google.

Infobip and digital insurance company LAQO by Croatia insurance became the first to adopt a GPT-enabled digital assistant for customer support in the European fintech industry.

StellarUp, a global HR SaaS solution that enables better knowledge sharing through structured and unstructured learning tools, has announced a seed funding of €500K.

uMed, the health and research technology company, has raised £9.8 million in its latest venture capital funding round.

Distil.ai – a customer data platform that helps e-commerce businesses to understand customers’ behaviour and boost sales – has raised a further £1.1m in a funding round led by Mercia Ventures and supported by angel investors.