Skills shortage: North has 1.4 job vacancies for each digital worker

Business training in modern offices

In the north of England, there are 1.4 job vacancies for every digital worker in the region, according to a study by professional services provider EY and Tech North. The research found that 712,750 digital technology vacancies were advertised across the north over the past three years, but there are currently only 168,671 digital tech […]

Upside Energy secures funding for cloud-based smart grid platform

TECHSPARX-icon-ff-01-235x235

Manchester-based smart energy startup Upside Energy has secured investment totalling £5.5 million. The firm received the financial support to grow its team and speed up commercialisation and deployment of its cloud-based smart grid platform. Its platform aggregates the energy stored in everyday connected devices, such as batteries and hot water tanks, to create a virtual energy store that can […]

Data analytics firm Peak joins Arsenal’s Innovation Lab

arsenalinnovationlab

Manchester data analytics firm Peak has been chosen to work as part of the ‘Arsenal Innovation Lab’ after pitching against 21 other finalists in a Dragons’ Den-style event. The lab aims to identify new opportunities and develop “ground-breaking” fan experiences for the Premier League club. Starting on January 16th, Arsenal joined forces with Peak and […]

Sheffield NHS Trust seeks electronic baby tagging supplier

baby small

One of the UK’s busiest maternity wards plans to implement an electronic baby-tagging system for newborn children. Sheffield Teaching Hospitals NHS Foundation Trust is looking to install the technology at the neonatal unit of the Jessop Wing Maternity Hospital, which is part of Royal Hallamshire Hospital near the city centre. The trust is seeking a […]

Britbots launches the second British Robotics Seed Fund

Founder of Britbots Dominic Keen. Picture: GREGG BROWN

Britbots, the organisation dedicated to promoting U.K.-based robotics companies, and Sapphire Capital Partners, a specialist manager of tax-efficient funds, have announced the launch of the second British Robotics Seed Fund. The new fund follows the success of the first fund, which has now been fully invested, leading the seed rounds of six high-potential robotics and AI […]

NEC acquires Northgate Public Services for £475 million

chainlink-690503_1920

NEC Corporation has announced the acquisition of UK-based IT services company Northgate Public Services Limited (NPS), accelerating the expansion of its international safety business. NEC is buying NPS for GBP 475 million from leading international private equity firm Cinven. This acquisition is expected to be completed by the end of January 2018. Established in 1969, Northgate […]

Beech Tree Private Equity acquires Redstor Holdings

datacenter-286386_1920

Beech Tree Private Equity, which has offices in Manchester and Birmingham, has acquired a fast-growing provider of cloud data management software and services – Redstor Holdings. Redstor will use the backing investment to accelerate product development and support complementary acquisitions. The private equity firm had been looking to invest in a company with exposure to the rapid growth in […]

AccessPay launches BankSense innovation in fintech

dashboard

Manchester fintech firm AccessPay has launched a ground-breaking new business area – BankSense, a real-time cash management and analytics tool aimed at global corporations’ treasurers. Offering treasurers one point of access to their entire banking universe, BankSense goes one step further by also giving them the ability to view cash positions in real time, by bank, by […]

Video game developer floats with £145 million market cap

Sumo_Digital

Sumo Digital, the video game developer behind Little Big Planet 3 and Sonic All Star Racing, which has bases in Sheffield, Nottingham and Newcastle is now trading on the UK’s AIM with a market capitalisation of £145m. Its private equity owners, Perwyn, management and shareholders were expected to sell around £40m in the offering, with Sumo Digital selling a […]

Cheshire start-up Ebb3 raises £1 million funding from Maven

ebb3-Andy-Bowker-with-screens-1-898x505

Cheshire-based Ebb3, which specialises in the virtualisation of 3D graphical applications, has raised £1m from venture capital trust (VCT) Maven Capital Partners, which has also reserved up to £500,000 for follow-on investment in the supercomputing start-up. Mark Vickers, CEO at Ebb3, said: “We are proud to have secured Maven’s confidence and investment in Ebb3. We were able […]

Digital ID becomes £20m-turnover business with key acquisition

digital-id-jonathan-fell-resized

Manchester-based ID card company, Digital ID, has acquired Smart Card Store, a £2.5m turnover Brighton-based business that specialises in the supply of smart ID cards to both end users and trade customers. Guy Hudson will remain as managing director of the East Sussex Smart Card Store, following the acquisition, and the newly acquired company will continue to […]

Mercia backs Manchester’s Intechnica with £3.5m investment

mercia-technologies-dr-mark-payton-resized

Investment group Mercia Technologies has completed a £3.5m direct investment into a Manchester-based software specialist Intechnica as part of a £5m funding round. With revenue growth of more than 150 per cent during the last three years, Intechnica has already developed a high-profile client base that includes Ted Baker, AO.com, Pets at Home and Avis. […]

SoundChip moves into new office at Sci-Tech Daresbury

TWS-700x468

Swiss-headquartered wearable sound technology firm, SoundChip, has opened a new office space at Sci-Tech Daresbury, a National Science and Innovation Campus in the Liverpool City region between Runcorn, Warrington and Manchester, where it has been based since 2011. Thanks to strong appetite for its system-level audio solutions, which are used by global brands including Panasonic, […]

Tethered Drone Systems raises £300K from robotics funder Britbots

Aether 019_preview

Britbots, an organisation devoted to promoting the fortunes of UK-based robotics companies, has invested the first part of a £300,000 funding package for Cheadle Hulme’s Tethered Drone Systems. Britbots operates the British Robotics Seed (SEIS) Fund and the equity crowdfunding platform, Britbots CROWD, which both support promising robotics-related businesses performing autonomous tasks on land, air […]

Giacom stages management buyout with VC support

Mike_Wardell_Giacom

VC Livingbridge announced an investment in Hull’s Giacom, a specialist cloud services marketplace which provides cloud services to the SME market via the Information Technology Consultants (‘ITCs’) community. Giacom offers a one-stop platform for all of the cloud software, infrastructure and IT support services that an ITC might require to transition an SME client into a public […]