HACE, a Manchester startup flagging when companies are exposed to child labour in their supply chains, has raised £450,000 in pre-seed funding. Founded in 2020, HACE has built an AI-powered index that gathers data from listed firms in real time to monitor the likelihood of child labour being present somewhere in its supply chain. Estimates ... Read more ›
2
Lapse, a recently founded social media platform looking to take on Instagram with filter-free pictures, has closed a $30m (£23.7m) Series A round. Lapse is a photo-sharing app that claims to be focused more on friends than followers. The company said its platform was inspired by the experience of disposable cameras, hosting unedited pictures taken ... Read more ›
2
Mondra, a London-based food supply chain decarbonisation platform, has raised £3.6m in pre-Series A funding. Founded in 2020, Mondra is a software platform to record, monitor and share environmental data throughout the food supply chain. The company uses AI to create digital twins of food supply chains and provides tools to encourage participating organisations to ... Read more ›
2
Innovate UK has awarded £500,000 in grant funding to support a project to develop lab-grown meat in the North East. Three groups in the North East – the Centre for Process Innovation (CPI) in Redcar and MarraBio and Aelius Biotech in Newcastle – will jointly receive funding to collaborate on the low-emissions food project. The ... Read more ›
2
Enterprise software provider Sage has launched a generative AI productivity assistant to work alongside its HR and accounting tools. The explosion in popularity of generative AI has prompted dozens of tech firms to incorporate so-called “co-pilots” into their product offering. Microsoft has its ChatGPT-powered AI co-pilot, Salesforce launched Einstein GPT and now Newcastle software giant ... Read more ›
0
Autonomous vehicle company Oxa has deployed its first commercial product, a passenger shuttle service in Florida, US. Founded in 2014 as Oxbotica, the company develops software for self-driving vehicles. Having raised £115m in a Series C round last year that included Google, the company has now launched its first commercial offering. Oxa Driver software will ... Read more ›
2
Enterprise software provider Sage has launched a generative AI productivity assistant to work alongside its HR and accounting tools. The explosion in popularity of generative AI has prompted dozens of tech firms to incorporate so-called “co-pilots” into their product offering. Microsoft has its ChatGPT-powered AI co-pilot, Salesforce launched Einstein GPT and now Newcastle software giant ... Read more ›
0
Southampton-based drug discovery startup Curve Therapeutics has raised £40.5m in a Series A round led by Pfizer’s investment arm. Founded in 2019, Curve Therapeutics is developing a platform to discover biologically active molecules against targets that the company said have been difficult to address using conventional drug discovery. The Curve Therapeutics Microcycle platform examines the ... Read more ›
1
Events platform Hopin is winding down its UK business and relocating its headquarters to the US. It comes six months after the company once valued at nearly $7.8bn sold its virtual events unit for $50m (£39m) to RingCentral. Company filings show that Hopin appointed PWC to oversee the liquidation process. Hopin has entered voluntary members’ ... Read more ›
2
The UK has always been a hub of innovation, from inventing the lightbulb and the telephone to discovering the medicinal benefits of penicillin and the structure of DNA. You could say innovation runs in the genes of this country. Recent advances in artificial intelligence are now merging technology with life sciences. Considering Britain’s strong historical ... Read more ›
0
VentureCEO, a business support programme for early-stage CEOs, has today launched with backing from Amazon Web Services and AlbionVC. The free scheme has been launched by accountancy firm Cooper Parry’s tech and high-growth team. The programme will include coaching from later-stage CEOs and a commitment of support from firms in the legal, accounting, HR, PR, ... Read more ›
1
In this week’s episode of the UKTN Podcast, Jess Jackson, investment manager at Manchester-based VC Praetura Ventures, discusses the challenges startups in the North face, the stark gender divide in the tech and investment worlds and how the government should be supporting small businesses and underrepresented entrepreneurs. Jackson joined the Manchester-based venture capital firm in ... Read more ›
1
The UK and United Arab Emirates (UAE) will explore ways to collaborate in AI research and investment as part of the tech secretary’s visit to the Middle East this week. Tech Secretary Michelle Donelan is today visiting the UAE and over the two-day trip will discuss deepening ties between the two countries for AI development. ... Read more ›
6
University of Leeds spinout Adsilico has secured a £3.5m investment for its AI-powered medical device testing system. Founded in 2022 based on research from the West Yorkshire university, Adsilico has developed a method for trialling new devices before entering human clinical tests that the company claims reduces costs, accelerates R&D timelines and eliminates the need ... Read more ›
24
NCG, a London-based tech infrastructure developer, has appointed Christopher Baldock as its new chair. Founded in 2019, NCG provides tech solutions for “built environment” firms, servicing the real estate and urban logistics industries in the UK and Europe. The company works will clients including Deliveroo, CloudKitchens and Colliers, providing internet connectivity, smart security systems and ... Read more ›
2
Major UK investors in Apple have called on the tech giant to publish transparency reports about its use of AI and associated risk management. Scottish asset manager Abrdn and London’s Legal and General Investment Management (LGIM) are planning to back a resolution for the company to disclose information about the ethics and usage of its ... Read more ›
2
The biggest rate limiter on UK tech is no longer capital or talent. It’s not even regulation. It’s regulators. For decades, startups, investors and government alike have focused their energy on capital and talent reforms, two of the most critical ingredients for any tech ecosystem. Today, VC investment has increased tenfold in just over a ... Read more ›
20
A Scottish government-backed programme has launched its first hub in San Francisco to foster ties between startups from Scotland and the Silicon Valley tech community. The Techscaler pilot programme will see 12 startups work out of an office at the heart of Silicon Valley for around two weeks at a time. The facility is located ... Read more ›
2
Endeavor Ireland, a non-profit supporting tech entrepreneur growth, has announced the cohort for its second Northern Ireland scaleup programme. Based in Dublin and Belfast, Endeavor runs various networking and development programmes for “high impact” companies. The Northern Ireland scaleup programme is a five-month project that will include mentorship sessions tailored to the participants, with the ... Read more ›
34
Work-life balance ranks as a bigger priority of all work benefits for UK workers, more than higher pay (61% vs 39%) in both current and future jobs, according to the latest Amex Trendex Report. Looking at priorities for 2024, the survey found that almost three-quarters of UK workers (71%) say having a good work-life balance ... Read more ›
2
Most popular sources
Business Insider
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29% 2 |
Tech Wire Asia
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20% 8 |
CNET
|
7% 1 |
Tom's Hardware
|
5% 2 |
Android Authority
|
5% 2 |
| View sources » | |
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29.11.2024 00:36
Last update: 00:15 EDT.
News rating updated: 07:31.
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