Revenue set to double but losses still expected at Lightwave RF

Birmingham-based technology firm, LightwaveRF, has forecast a doubling in its full year revenues – although it still expects to declare a loss. The smart home solutions pioneer and internet of things specialist said in a trading update that revenue for the year ended September 30, 2017 is expected to be twice that of the prior […]

Shares up 48% as technology firm reveals Google collaboration

Shares in Birmingham-based technology company LightwaveRF rose by nearly half yesterday after it unveiled a collaboration with Google. The Internet of Things company has developed an app to control and monitor lighting, heating, power and security functions for a wide range of electronic devices. The technology is applicable to the range of LightwaveRF products accessed through […]

Investor Mercia plumps up war chest with £40 million raise

Specialist investor Mercia Technologies is to raise £40m from a share placing to fund new acquisitions and bolster its existing portfolio companies. The Henley-in-Arden based company will conditionally place 86.9 million shares at 46p each. A statement released on the London Stock Exchange said the primary purpose of the move is to “accelerate the development” […]

ByteSnap explains why IoT Security Will Cost You More

IoT security is an increasingly urgent issue, but is still in the early stages of resolution. We take a look at the “Cost to Care” ratio, and why it is set to dictate our responses to this trend for some time to come… The Internet of Things has been a discussion point for years, but […]

Birmingham wearable tech firm Kaido wins EIT Health Award

Digital health business, Kaido, has been crowned one of seven winners at this year’s EIT Health UK-Ireland Headstart/Proof-of-Concept Awards. Kaido will receive in-kind support from IBM, P&G and Pfizer, as well as financial and networking support from EIT Health. The Kaido Insights platform uses big data and professional health expertise from the clinical and sports […]

Birmingham company launches Genius Hub smart home system

Two young Birmingham businessmen are positioning themselves to become major players in the rapidly developing “Internet of Things” market, despite competition from giants such as British Gas, Honeywell and Google. They have already launched smart heating control system, Heat Genius, a system that along with competitors devices learns from a user’s habits and detects when […]

Birmingham IoT firm secures funding to launch new product

Technology firm LightwaveRF has secured a new finance deal to further develop one of its new products. LightwaveRF, based at Innovation Birmingham Campus, is the Internet of Things provider of the LightwaveRF platform and connected devices which enable home and commercial users to remotely monitor and control light, heat, power and security by smartphone, tablet or […]

Digital health firm Kaido secures £50K investment to further growth

Birmingham digital health business Kaido has secured a £50,000 investment to market test, refine and deliver its latest product. Innovation Birmingham Campus-based firm Kaido has been backed by the SME Innovation Fund to help launch its connected health platform. The SME Innovation Fund is a joint initiative set up by Mercia Fund Management, the start-up arm […]

Leicester’s Spirit buys health wearables firm Aseptika

Leicester-based Spirit has purchased Aseptika for an undisclosed sum. Aseptika is a healthcare technology developer described as a “pioneer” in the medical wearable and self-care sectors. The deal will bring Aseptika’s Activ8rlives range of self-monitoring devices into the Spirit portfolio alongside its cloud-based technology CliniTouch Vie. The firm operates in the telehealth sector, helping people to […]

Birmingham digital health company working with Microsoft to bring new product to market

Digital health business Kaido has been accepted onto a prestigious programme run by global tech giant Microsoft. The firm, based at Innovation Birmingham Campus, is one of just four UK start-up businesses to take part in the ‘IoT & Data Innovation Programme’ which provides free training, networking opportunities and coaching to promising UK start ups […]

365 Agile to close Nottingham IoT business

Sutton Coldfield based technology firm 365 Agile has decided to close its Internet of Things (IoT) business, Wireless Things. The board of the AIM-listed company had examined whether the stream of licence revenue from its 365Agile software would be sufficient to fund the development of its Wireless Things division into a “meaningful” IoT business and […]

Intercede joins ARM and Symantec to build security standard for IoT

Leicester security firm Intercede joined ARM,  Solacia and Symantec to assess the security challenges of connecting billions of devices across multiple sectors; including industrial, home, health services and transportation. Their conclusion was that any system could be compromised unless a system-level root of trust was established. To deal with the risk, the companies collaborated on the Open Trust […]

Symphony celebrates Piece Hall lighting control contract win

Walsall-based Symphony Automation, a lighting control firm, has announced the win of a contract to provide lighting control for the £19 million heritage refurbishment project at The Piece Hall, a 1779 Grade I Listed building in the centre of Halifax. Work is currently taking place to refurbish and conserve the hall, creating a 21st century heritage […]

Autonomous vehicle technology simulator launches

At the University of Warwick, an Engineering and Physical Sciences Research Council (EPSRC)-funded 3xD Simulator will test the real-world capabilities of connected and autonomous vehicle technology. The simulator is located at the Virtual Reality Centre in the National Automotive Innovation Centre – a long term commitment between Jaguar Land Rover, WMG and Tata Motors European Technical Centre. The […]

Birmingham IoT firm boosts retail opportunities with new deal

Birmingham IoT firm boosts retail opportunities with new deal LightwaveRF has secured a boost to its UK retail operations with a new distributor agreement. The Internet of Things provider of the LightwaveRF platform, which enables control of domestic light, heating and power systems from a smartphone, tablet or other device, has entered an agreement with […]