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. […]

Tech North Angel Network launches with series of workshops

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The Tech North Angel Network programme will kick off this autumn with a series of events across the North. The aim is to build a strong, open network of tech investors that is easy to access and open to pan-Northern collaboration. Tech North is working with a variety of partners on this, including UKBAA, GP Bullhound, Angel Academe, Dow Schofield […]

Manchester named the third most active tech innovation city

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Manchester has been named the third most active tech innovation city in the UK behind London and Edinburgh. According to the UK Tech Innovation Index, Manchester also ranked second for creative industries, third for data innovation and health innovation, third for virtual reality, fourth for Internation of Things and fifth for artificial intelligence. Using data […]

Leeds co-working spaces get £848,000 funding boost

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Two Leeds-based co-working space providers have received a total of £848,000 from the Leeds Tech Hub Fund, a £3.7m investment pot set up to support the local tech industry. Duke Studios received £393,000 to fund the transformation of one of its spaces in the city, while, FutureLabs received £455,000 to boost its support of early-stage technology startup […]

Jake Berry named as new Northern powerhouse minister

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Jake Berry hase been named as the successor to Andrew Percy as Northern Powerhouse minister, the third MP to have taken the post since it was created two years ago. The MP for Rossendale & Darwen, Berry has replaced Andrew Percy, who stepped down from the role after less than a year in charge. Prime Minister […]

New Leeds Tech Hub drives investment boost for digital sector

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Four projects supporting the growth of businesses in the Leeds digital sector have been awarded a cut of nearly £2.7 million of funding. One of the schemes to be given the green light includes the creation of a new Tech Hub created at Platform, above Leeds railway station. Once open, the new Tech Hub will […]