South East ranks fourth for foreign investment outside of London
The South East of England has been ranked as the fourth top-performing region outside Greater London for attracting foreign direct investment (FDI) in 2024, according to EY’s latest UK Attractiveness survey. The region secured 59 FDI projects last year. This represents a slight decrease from 65 projects in 2023, but it’s a less sharp decline […]
Creative AI tech startup Zero One Creative gains £426k funding
Zero One Creative (01C), a London-based AI creative tech startup, has been given £426,000 in funding, via investment backed by EWOR, a selective fellowship supporting high-growth founders. This marks the first time EWOR has granted its increased sum for traction fellows to 01C. The funding will accelerate the development of AMARA, 01C’s AI-native platform designed […]
London cybersecurity start-up Maze lands £19.6m to advance its AI agent platform
Maze, a London-based cybersecurity start-up, has secured £19.6 million in Series A funding to advance its AI-native platform. The platform deploys autonomous agents to detect and fix exploitable cloud vulnerabilities and the company, which launched just nine months ago, has now raised a total of £24.3 million. Maze aims to automate complex tasks typically handled […]
Innovate UK launches AI Skills Hub to bridge training gap and foster job creation
Innovate UK, the UK’s innovation agency, has launched the AI Skills Hub, an online platform designed to connect individuals, employers, training providers, and AI technology partners. Created with the support of PwC, the hub aims to accelerate AI adoption, foster job creation, and drive economic growth by unifying the fragmented AI learning and employment landscape. […]
Big tech firms in talks to support UK’s AI upskilling plan for 7 million workers
Major tech firms including Amazon, Google, Microsoft, and IBM are in discussions to support the UK government’s ambitious plan to AI upskill more than seven million workers. This initiative, first announced by Prime Minister Keir Starmer at London Tech Week earlier this month, aims to equip over a fifth of the total UK workforce with […]
Paapi successfully closes pre-seed funding round, 20% oversubscribed, at £420,000
Paapi, a London-based ad measurement and performance optimisation platform, has successfully closed a £420,000 pre-seed funding round to scale its business. The initial round was 20% oversubscribed. Paapi aims to provide brands with a clear and independent view of cross-channel advertising return on investment (ROI), without reliance on platform-provided data. Its solution connects advertising spend […]
Amsterdam AI software firm Altura opens London office after £6.7m investment
Altura, an artificial intelligence software company, is expanding its operations into the UK after securing €8 million (£6.7 million) in Series A funding. The investment will accelerate the growth and launch of its autonomous AI agents designed to help businesses win more tenders. The Amsterdam-founded start-up has now opened a London office, aiming to transform […]
Lakeside Software appoints global channels VP and rolls out SysTrack Mobile for real-time IT analytics
Lakeside Software, a company specialising in AI-driven digital employee experience software, has announced the appointment of Mike Stankowitsch as Vice President of Global Channels and the release of its mobile IT analytics tool, SysTrack Mobile Experience. Stankowitsch brings a background in business development, strategic partnership building, and channel leadership within the technology sector. He most […]
London cybersecurity provider ThreatSpike raised £11.1 million for global expansion
ThreatSpike, a London-based end-to-end cybersecurity provider, raised around £11.1 million in a Series A funding round that aimed to unify and simplify the company’s global expansion and accelerate further development of its platform. In addition to the funding, Will Sheldon, Partner at Expedition Growth Capital, a growth equity firm with offices in London and Boston […]
Project management software giant monday.com opens major EU hub in London
monday.com, a project management software firm, has inaugurated its largest European office in the heart of central London, thanks to the UK emerging as one of monday.com’s fastest-growing markets within the EMEA region. The company now boasts over 20,000 customer accounts across the UK and Ireland. This impressive client base includes well-known names such as […]