According to Statista, the influencer marketing industry will reach a value of $24 billion by the end of 2024.

Feeling the strain of loneliness and social anxiety in today’s fast-paced, digitally connected world? You’re not alone. Many people are struggling to find genuine, meaningful connections in a sea of superficial online interactions.

In the UK, small businesses spend an average of around 5% of their annual turnover on accounting. The size of the company and the complexity of its services and arrangements can contribute to their accounting spend.

At COMPUTEX 2024, Xia Zhang, Enterprise Strategist at AWS, delivered a compelling presentation on the transformative potential of generative AI and AWS's comprehensive data strategies. Zhang emphasised that data is the cornerstone of generative AI, outlining AWS's integrated and secure solutions that span from silicon to software.

Oxford University Innovation (OUI) will welcome more than 50 investors today (Tuesday, June 25) for the first ever Deep Tech focused showcase day in Oxford to connect them with spinout companies seeking investment and partnership.

Nearly a third (31%) of UK small and medium sized enterprises (SMEs) have had to stop or pause an area of their business because of a lack of finance over the last couple of years.

Prewave, the AI-enabled sustainability, risk and compliance platform, has raised $67m (€63m) in its Series B funding round, led by the global investment firm Hedosophia, with participation from existing investors Creandum, Ventech, Kompas, Speedinvest and Working Capital Fund.

Net Zero Company, an impact company on a mission to make carbon removals more accessible, announces the completion of a $5.5 million seed round. The funding will be used to support global expansion and the launch of a new product suite, including the Carbon Removal Token, a real-world, asset-backed token.

More workers are planning to change jobs currently than during the ‘Great Resignation’ period of 2022, according to a PwC survey of the global workforce.  

MiddleGame Ventures (MGV), a Luxembourg-based investment firm focused on fintech startups, announced that it has raised a new fund targeting early-stage investments in Europe.

Ability AI, a martech startup specialising in full-cycle paid marketing automation with the help of autonomous AI agents, announced that it has raised $1.1 million in pre-seed funding from SMRK VC as a lead investor, with the participation of other funds and angels.

neustark, a Switzerland-based carbon removal provider, has raised $69 million in a funding round to underpin its rapid scale-up in the carbon dioxide removal (CDR) market.

UNISTELLAR, the innovator behind advanced and user-friendly smart telescopes, announces the Kickstarter launch date and new specs for its ENVISION smart binoculars.

Valpas, the provider of a tech-based solution for bedbug-safe stays in hotels and rentals, has secured €4m in seed funding led by Zenith VC, alongside Icebreaker VC, Finnish Industry Investment, Canon Marketing Japan MIRAI Fund, Activum SG Ventures, Houghton Street Ventures, Rockaway Ventures and Morrow Ventures.

Of 800 respondents to a new 1st Formations survey, 51% said they thought that the Tories are better for business (over Labour).

Startups Magazine is pleased to announce the promotion of two key team members, Rachel Boswell and Anna Wood, who will be taking on new roles within the organisation.

Synthesia has introduced Synthesia 2.0, the newest iteration of its work-oriented AI-enabled video communication platform for the future of work.

Workspace Design Show continues to innovate, expanding its diverse portfolio of exhibitors for the London and Amsterdam 2025 shows, and will feature Umbrella Furniture as the lead partner for the talks areas at the 2025 London edition, designed by Gensler and Ryder Architecture.

Starting a side-hustle is the leading route to starting a business in the UK, according to new data from Small Business Britain and eBay, which found more than a third of small businesses (39%) now startup this way.  

Ukraine's tech ecosystem continues to thrive despite the war. The PowerUp Ukraine conference that took place on June 18, 2024 in Kyiv – organised by Glovo, one of the largest European tech firms present in the country, and the Ukrainian Startup Fund – had a simple message: Ukraine is open for business and international companies should invest to support innovation and growth in the country.