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Riverlane raises $75M to meet surging demand for quantum error correction technology
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Riverlane raises $75M to meet surging demand for quantum error correction technology

Riverlane, a startup in quantum error correction (QEC) technology, has secured $75 million in Series C funding to advance its ambitious QEC roadmap. This investment will bolster Riverlane's efforts to scale operations and meet the growing global demand for QEC technology, with the ambitious target of achieving one million error-free quantum computer operations by 2026.

Funding 9 months ago
Muon Space secures $56M Series B, surpasses $100M in 2024 contracts
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Muon Space secures $56M Series B, surpasses $100M in 2024 contracts

Muon Space, an end-to-end space systems provider specialising in mission-specific low-earth orbit (LEO) satellite constellations, recently completed a successful Series B funding round, raising $56.7 million.

Funding 9 months ago
I experienced online harassment as a startup owner – here are the business lessons it taught me
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I experienced online harassment as a startup owner – here are the business lessons it taught me

The impact of social media on our business can’t be underestimated: it can amplify authentic voices and help brands reach a whole new audience (even if the constant rebranding and changes are annoying, I’m looking at you X!). We’ve never been closer to our customers, whether that’s through daily behind-the-scenes Instagram stories or WhatsApp for business chat, but this can also be a double-edged sword.

Features 9 months ago
Get inside the mind of possible buyers for your business
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Get inside the mind of possible buyers for your business

There are subtle ways you can work out what someone who might want to buy your SME is really thinking, says Clive Stanley of Warwickshire-based M&A advisors, Acqius.

Features 9 months ago
Creating a Gold-Standard Workforce in the Age of RTOs
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Creating a Gold-Standard Workforce in the Age of RTOs

As the Paris Olympics is well underway, athletes from all over the world have prepared to compete at the highest level. It takes skill, dedication, and perseverance to be a gold-standard winner, as the British cycling team demonstrated during the London 2012 Olympics.

Features 9 months ago
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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 9 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 9 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 9 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 9 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 9 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 9 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 9 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 9 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 9 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 9 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 9 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 9 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 9 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 9 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 9 months ago

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