Tribal Group flags sustained growth despite edtech market headwinds
Bristol-based education services’ software provider, Tribal Group, has announced a robust financial performance for 2024, positioning itself for “sustained growth” in the increasingly competitive edtech landscape. The AIM-listed company reported a 6% rise in group revenue to £90m for the financial year ending 31 December 2024, alongside a notable 17.8% increase in adjusted EBITDA to […]
Somerset firm, Dynisma, at forefront of simulation technology for upcoming F1 season
The 2025 Formula One season is shaping up to be a spectacle unlike any seen in recent decades, with pundits predicting a fiercely competitive championship battle. The much-anticipated season is already generating significant buzz, fuelled by high-profile moves such as Lewis Hamilton’s transfer to Ferrari. Amidst the escalating excitement, a North Somerset-based company, Dynisma, is […]
Bristol climate tech firm secures £250,000 loan for global expansion
A Bristol-based climate technology business, Map Impact, has received a £250,000 loan boost from SWIG Finance, aimed at propelling its environmental mission onto the global stage. Map Impact specialises in developing Earth Observation products to meet the rising global demand for statutory and regulatory environmental compliance reporting. The company was launched in 2023 by four […]
Govt pledge of £23m for telecoms research to boost AI and cloud connectivity
The UK Government has announced a £23 million investment in telecoms research and development, aimed at strengthening connectivity across key industries including meeting growing AI and cloud computing demands. The funding, part of Secretary of State for Science, Innovation and Technology Peter Kyle’s plans to accelerate the implementation of next-generation telecoms technologies, will be confirmed […]
£4.7M clean air zone funds brand new Bristol bus services
Bristol is set to benefit from three new bus services thanks to £4.7 million raised through the city’s Clean Air Zone charges. Launching on 06 April 2025, the services, operated by First Bus, will serve communities across North, East and South Bristol. The new services are: Services 16 and 36 will operate roughly every half […]
Broadband speeds 20x faster than current UK services achieved in field test
London telecoms firm Openreach and Nokia, which has UK offices in Bristol, Reading and Cambridge, have announced a successful field test of new technology capable of delivering broadband speeds 20 times faster than the quickest services currently available in the UK. The trial, conducted at a residential property in Ipswich, saw the new technology achieve […]
US firm to invest in Bristol despite green belt concerns
American healthcare technology software company Epic has reaffirmed its commitment to “significant investment” in the local economy after securing planning permission to build its new 90-acre European headquarters in Long Ashton. This rural village is part of the Bristol green belt. Planning officers at North Somerset Council had agreed the plans were inappropriate development in […]
Bristol chipmaker Graphcore to create 75 new jobs
Graphcore has just announced plans to increase its workforce by 20 per cent, with the hire of 75 new staff to accelerate the development of its next-generation AI computers. The tech firm will be recruiting across a range of disciplines, including silicon design, hardware, data centre infrastructure, software and AI research. Graphcore was acquired by […]
Tech board launched to boost South West innovation
A new advisory board has been established to support the thriving tech industry in the South West of England. The group, comprising business leaders, researchers, academics and investors, aims to stimulate growth within the sector and reinforce the region’s position as a key player in the UK’s innovation landscape. The South West of England Technology […]
bluQube research reveals execs want human touch in the age of AI
New research by Bristol cloud-based accountancy software, bluQube, has revealed that 71% of senior directors from UK SMEs deem AI, machine learning, and automated analytics effective in supporting financial operations and decision-making. While the report, “Balancing the Human Touch in the Age of AI“, found a growing acceptance of advanced technologies in the finance sector, it […]