Freeaim, the startup designing wearable tech for virtual reality, announces the closing of a £250,000 pre-seed round.

Electric vehicle (EV) charging platform, Monta and climate tech startup Electricity Maps have joined forces to provide reductions of the carbon impact EV owners have when charging their vehicles.

The Bank of England has announced that inflation has reached its target of 2% for the first time in almost three years.

Gracia AI unveiled its AI-powered technology, designed for professional creators and media companies, to create first-of-its-kind photorealistic volumetric videos for Spatial Computing with 6 degrees of freedom viewing.

Bisly, the startup providing next-gen smart building automation solutions, has closed a Series A funding round totaling €6.2 million.

As the technology landscape continues to develop and shift at an unprecedented pace, the need for a diverse and inclusive workforce becomes even more pressing. The UK tech scene, in particular, is thriving, having seen recent major investment in its AI sector, making it the biggest in Europe.

The Players Fund, the UK's first athlete-led venture capital firm, has joined forces with LeBron James, Epic Games, Nike, and Fenway Sports Group to support Hana Kuma, the Emmy-nominated production company and creative platform founded by tennis champion Naomi Osaka and agent Stuart Duguid.

In an advancement for subscription services, Trustly, a player in open banking payments, has introduced an AI-driven recurring payments solution. This new development is set to transform how merchants manage repeat transactions with a single integration.

We all know that the work landscape has changed dramatically in recent years. This is no more apparent than in Techspace's latest Scaleup Culture Report, which highlights a significant shift in tech workers' preferences for in-office workdays. And much to the chagrin of every late-night talk show host’s punchline, it would appear that Monday in the office is back!

The application of AI is achieving huge advances in the industry, from optimising productivity to achieving hyper-personalisation in customer service, boosting creativity and improving people's health. Digital Enterprise Show (DES), the largest European event dedicated to exponential technologies held last week in Malaga, Spain, has addressed how the application of AI is contributing as a lever for the transformation and competitiveness of companies.

In the 2010 biographical drama, The Social Network, which portrays the founding of Facebook, the initial excitement and success of a startup turns sour and ends in legal battles and betrayal. While a very extreme case, the film highlights a common issue that startups run into, says Dan Adams, co-founder of legal advice for startup businesses specialist, Arbor Law.

CorrActions, an Israeli AI Driver NeuroMonitoring company, is unveiling a new AI cognitive distraction detection solution.

Over two-thirds (68%) of European tech startups are already maximising the benefits of artificial intelligence (AI) and 58% plan to invest in AI in the near future, according to a new report by Cloudvisor, an Advanced Tier AWS Partner, and PwC Lithuania.

ULTRA.VC, an EU-based accelerator and early-stage investor, announces a new acceleration batch for startups focused on social and cultural impact.

Basecamp Research in partnership with the Ferruz Laboratory at the Institute of Molecular Biology of Barcelona announced the release of ZymCTRL (‘enzyme control’), a ChatGPT-like tool that generates new sequences from scratch based on a user simply typing in an enzyme identification code, which specifies the desired activity.

FINBOURNE Technology’s solutions deliver an interconnected network of functionality and data that enables the investment community to better serve clients in a constantly evolving market; it has announced that it has raised £55m in Series B funding.

Creating an inclusive workplace for LGBT employees is not only a matter of ethics but also a sound business strategy. A diverse and inclusive workplace fosters creativity, enhances employee satisfaction, and attracts top talent. As the world celebrates Pride Month this June, here are key steps employers can take to create a supportive environment for LGBT employees:

The nominations deadline for the 2024 everywoman Entrepreneur Awards, in association with BGF, have been extended. Female entrepreneurs have until midnight on 17th June 2024 to submit their entries to the UK’s longest-running recognition programme for women in business.

South Summit Korea, an event co-organized by IE University, will be held from September 25th to 27th in the Korean province of Gyeonggi. María Benjumea, president and founder of South Summit; Nacho Mateo, vice president of South Summit; Youngsang Bae, Director of the Startup Department of Gyeonggi Province, and Jennifer Park, Deputy Director General of Gyeonggido Business & Science Accelerator (GBSA), recently signed the agreement that confirms the celebration of this event, the first edition of South Summit in Asia.

Depowise, the Estonian-founded oversight and process automation startup for financial services firms, is expanding into the United Kingdom and Ireland.