Durham’s Atom Bank named as a world Top 10 financial innovator

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Trailblazing challenger bank Atom has been named as one of the world’s most innovative companies in financial technology for a fourth year in a row. The Durham bank made it into number nine in the Fintech 100 rankings, compiled by H2 Ventures and KPMG, and is the highest rated business in the UK. The rankings highlights innovative companies […]

Tech start up Wakelet moves into Manchester Tech Incubator

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Fast growing tech start up Wakelet is moving to a new base in Manchester Science Partnerships’ Tech Incubator. The online content curation firm that has seen 200% year on year growth and has more than a million individual and business users including Harvard University, international sports teams FC Barcelona and Atlanta Hawks, and blue chip companies […]

Leeds launches pilot for NHS service access to GP records

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Leeds has become the first city to go live on NHS Digital’s GP Connect service, which aims to offer clinicians across all care settings on-the-spot access to patients’ records. The service will provide point-of-care access to patients’ GP records across general practice surgeries, as well as community, mental health, and hospital care settings, with the […]

Penketh completes £200K fit-out of new Tech Incubator

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Commercial interiors specialist Penketh Group has completed the £200,000 furniture fit-out of Manchester Science Partnerships’ (MSP) new Tech Incubator. Located in Manchester Technology Centre, the £2 million incubator offers technology innovation and data science startups with co-working spaces, meeting rooms, a large event space and small private offices. Penketh Group’s design facilitates a range of […]

Salford scientists show how cars could power your home

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Scientists at the University of Salford say they have devised a new way of saving on domestic electricity bills with a system that allows the power stored in an electric car to be transferred to a home. The electric cars with stored power that could be transferred to a dwelling. It is envisaged that recharging […]

Newcastle’s hedgehog lab reveals success secrets

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Newcastle digital consultancy hedgehog lab has experienced major growth since it was founded in 2007 by Sarat Pediredla and Mark Forster. The company aimed to double its turnover every year, and has succeeded in opening offices in London, Copenhagen, Boston, Austin, and Hyderabad. It seemed like the app developer would experience another surge of growth after […]

Is Newcastle about to become UK’s smartest city?

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Newcastle City Council has put forward proposals designed to create “the UK’s leading smart city”. A meeting taking place on Monday will ask the council’s cabinet members to approve two proposals, the first of which is that they will “endorse Newcastle’s aspirations and ambitions as a technologically innovative and smart city”. The second, more detailed […]

MirrorWeb awarded contract to archive the history of Wales

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Manchester’s MirrorWeb has been awarded a three-year contract by the Welsh government to digitally archive the nation’s online presence, preserving the government’s web-published content in both English and Welsh on all websites of historic and national significance, including Twitter accounts. This will open up full accessibility for the Welsh Government’s Information and Archive Services team. […]

Sunderland Software City signs MOU to help tech firms sell in China

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Sunderland Software City has signed a memorandum of understanding (MOU) with TusPark Newcastle to explore how tech can be used to improve the way UK firms sell their products to China. One of the main projects the two organisations will be working on is discovering how software such as artificial intelligence (AI) can be improved for […]

£27 million awarded to Mercia to support North East firms

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A total of £27m has been awarded to Mercia Fund Managers to support businesses across the North East. The money forms part of the £120m North East Fund, supported by The European Regional Development Fund. Mercia will also open a new office in Newcastle, its ninth in the UK, and the fund will be available […]

Blockchain tech to be introduced by Newcastle’s True Potential as turnover ascends £99m

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Fintech firm True Potential increased its turnover to almost £100m last year and is about to unveil a new investment platform powered by Blockchain technology. The Newcastle asset management company is among the first ones to replace its investment platform and have a new system built with “Blockchain at its heart”. The cutting-edge technology works as a […]

Newcastle’s Performance Horizon named top tech firm in the North and Scotland

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Eleven North East businesses have been named in a list of the 100 fastest growing tech companies in the North. Newcastle’s Hedgehog Lab was revealed as the fastest growing tech firm in the North East, placing ninth overall in the list compiled by tech investment firm GP Bullhound. Car battery manufacturer Hyperdrive Innovation were also found […]

Britbots launches the second British Robotics Seed Fund

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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 […]

Digital Lab launches for hands-on experience with emerging tech

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The Digital Catapult North East & Tees Valley (NETV) has opened the Immersive Lab at the Northern Design Centre in Gateshead, which will also allow companies to test out any new hardware on offer. Non-digital businesses will be able to attend events and demonstrations designed to teach them more about the industry. Access to the […]

Wakefield supercomputer startup raises £3 million funding

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Technology start-up Optalysys Ltd based in Wakefield and Nevada, US, has raised more than £3 million from angel investors in order to manufacture its first commercially available product. The company has raised £3.05m ($3.95m) from undisclosed angel investors to manufacture the first commercially available high-performance computing (HPC) processor based on its patented optical processing technology. […]