Tag: Cambridge

Echion secures £10M to accelerate niobium battery technology

Cambridge’s Echion Technologies, a global leader in niobium-based anode materials, has secured a £10 million investment from Barclays Sustainable Impact Capital and existing investor BGF. This funding will expedite the commercialisation of Echion’s XNO® anode material, which enables ultra-fast charging and long-life lithium-ion batteries. The investment will be used to accelerate cell production, support Echion’s […]

Filtronic to open new base in Cambridge Science Park

Telecoms technology business Filtronic has announced plans to open a new engineering design centre at Cambridge Science Park. The move will see the company expand its operations into one of the UK’s most dynamic technology clusters. Filtronic, which operates from its NETPark and Leeds bases, designs and manufactures products and sub-systems for the aerospace, defence, […]

Darktrace Co-Founder appointed as new Investment Minister

Poppy Gustafsson, co-founder of cybersecurity tech firm Darktrace, has been appointed as the UK government’s new investment minister. Gustafsson, who recently stepped down as chief executive of Darktrace following its sale to a US private equity firm, will take on the role of minister at the Treasury and the Department of Business and Trade. She […]

Bango anticipates surge in banking subscriptions as revenue climbs

Bango, a Cambridge-based fintech firm, has recently announced a significant rise in revenue, highlighting an upward trend in the banking sector’s adoption of subscription services. The AIM-listed company reported an 18.6% increase in sales, reaching $24.1 million in the first half of the year, with subscription bundling services accounting for a 60% rise in revenues. […]

Cambridge tech firms secure £88M for green vehicle projects

Five Cambridge-based companies are set to benefit from part of an £88 million funding injection aimed at accelerating the UK’s transition to net zero. The funding, announced by the Minister for Industry and Decarbonisation, Sarah Jones, is part of a wider £88 million investment in 46 innovative projects across the country. The Cambridge recipients are […]

New courses in London and Cambridge for those seeking “green” jobs

A growing green economy is creating a surge in demand for workers with environmental expertise, but a significant skills gap is hindering the UK’s ability to capitalise on this opportunity. In response, the University of Cambridge is now offering an eight-week programme to help individuals upskill and boost their job prospects, while London Business Training […]