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Robotic warehouse startup Dexory has raised $80m (£60m) in a joint equity and debt-based Series B funding round. Founded in 2015, Dexory develops fully autonomous robots capable of analysing and generating operational insights. Dexory’s robots scan fulfilment centres and create digital twins viewable and manageable on the company’s software platform. “We are incredibly excited about ...
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UK Tech News
I drove a 2024 Acura TLX Type S sports sedan and was impressed by its powerful turbocharged V6 engine, clever AWD system and sports looks. Read more ›
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UK Tech News
Nesti, a startup using video generation to support sales teams, has secured a £250,000 pre-seed investment. The business was founded in 2024 after hundreds of conversations with sales staff revealed outbound engagement would often increase when video pitches were sent. Nesti is an automated video prospecting tool. With generative AI, the platform replicates sales teams ... Read more ›
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London-listed budget computer maker Raspberry Pi is expanding its artificial intelligence offering with the launch of a new AI camera. The AI camera, launched on Monday, can be used to perform image processing, making it useful for AI solutions requiring visual data. The Cambridge-based hardware firm released an AI kit in June. Until now it ... Read more ›
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Bango said it expected to see a surge in the range of subscription services offered by Britain’s biggest banks, as the AIM-listed business posted a jump in half-year revenues. The Cambridge-based firm, which offers subscription bundling services to major telecoms firms, said it saw many banks turning towards offering subscription packages themselves as they look ... Read more ›
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London-based investor IW Capital has launched a £30m fund targeting UK-based SMEs following the completion of a management buyout. Founded in 2011, IW Capital has backed around 40 UK startups including peer-to-peer currency swap group WeSwap and health tech company GPDQ. The new fund will focus on businesses with a proven model ready to scale. ... Read more ›
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The operator of a network of illegal crypto ATMs has pleaded guilty in Westminster Magistrates Court in the first UK conviction of its kind. Olumide Osunkoya is due to be sentenced for five counts of operating ATMs used for buying and selling cryptoassets without registration from the Financial Conduct Authority (FCA). Under British law, ventures ... Read more ›
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Car finance firm Carmoola has added to its debt pile after securing a new £100m loan from high street bank NatWest. The new financing adds to the company’s £31m in loans which were refinanced last year, a £50m senior revolving credit facility with the option to extend it by another £25m, and a further junior ... Read more ›
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This week’s podcast guest is Timo Boldt, founder and CEO of Gousto. Boldt discusses growing his business from a Dragon’s Den pitch to a market leader, how sustainability has always been at the heart of Gousto and the importance of new founders finding good mentors. Gousto is a startup that sends pre-packaged meal kits with ... Read more ›
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Local governments have been left struggling with the procurement of new AI technologies for public service, according to the Ada Lovelace Institute. The independent research organisation said on Tuesday that despite the bullish outlook from central governments past and present on rolling out public sector AI, local authorities have been left behind. According to new ... Read more ›
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A firm insuring the UK’s food delivery riders has axed more than 100 jobs and has exited the B2B market altogether as it set a course to hit profitability in 2025. London-based Zego, which supports Deliveroo, Uber Eats and Just Eat riders, has cut its headcount by 105 since 2022 to 347, its recent accounts ... Read more ›
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Robotic warehouse startup Dexory has raised $80m (£60m) in a joint equity and debt-based Series B funding round. Founded in 2015, Dexory develops fully autonomous robots capable of analysing and generating operational insights. Dexory’s robots scan fulfilment centres and create digital twins viewable and manageable on the company’s software platform. “We are incredibly excited about ... Read more ›
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Most popular sources
Gizmodo
|
33% 19 |
Eurogamer.net
|
17% 11 |
Business Insider
|
15% 16 |
Tom's Hardware
|
6% 3 |
Android Authority
|
6% 0 |
| View sources » | |
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06.10.2024 08:35
Last update: 08:31 EDT.
News rating updated: 15:31.
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