Rhombus to drive global growth via new London office
Cloud-managed physical security solutions provider Rhombus is opening a new office in the heart of London’s Clerkenwell district. The new office in the redeveloped Techspace, a former gin distillery, will serve as a hub for Rhombus to showcase its security technology products and services, to customers across North America and Europe. Driven by increasing demand […]
AI granny has all the time in the world for phone scammers
Virgin Media O2 has unveiled a new AI chatbot named Daisy, which has been specifically designed to waste the time of persistent phone scammers. The AI “granny” is trained using real scam-baiter content so she can pass as a real person and can fool scammers into thinking they have found a perfect target. Daisy then […]
London startup Vente AI raises £500K to automate recruitment
Vente AI, a London-based startup aiming to revolutionise recruitment processes through automation, has secured £500,000 in pre-seed funding just six months after its launch. The funding will be used to integrate Vente AI’s product with existing recruitment tools, streamlining user onboarding and enhancing efficiency. The startup addresses a significant pain point for recruitment agencies, which […]
TfL faces independent probe into cyber-attack impact and response
Transport for London (TfL) has announced an independent investigation into a cyber attack that targeted the organisation on 31st August. The attack caused widespread disruption, including a suspension of new Oyster photocard applications as a precautionary measure. While TfL has emphasised that core operations were largely unaffected, the impact of the incident has been felt […]
London retains its “tech capital of the world” crown
London has once again secured its position as the world’s leading tech hub, according to the latest Z/Yen Smart Centres Index. The biannual ranking, which assesses 77 global commercial centres on their tech capabilities, saw London maintain its top spot, narrowly edging out New York. While the gap between the two cities has narrowed, London’s […]
SatVu heats up with £10M funding boost for climate tech
London-based climate tech firm SatVu is set to announce a £10m funding round this week, alongside a £10m insurance payout. The fresh investment, led by Molten Ventures and Adara Ventures, will accelerate SatVu’s mission to provide detailed carbon emissions data to industrial customers. Adara’s investment marks the inaugural deployment of its new energy fund, focused […]
UK data centre optimisation firm secures £640M
LogicMonitor, a US-based unicorn specialising in data centre optimisation, has secured a £640 million investment to fuel its expansion into the UK market, via its existing London office. The California-headquartered company provides real-time insights and predictive analytics to over 100,000 users across 30 countries, helping them optimise the performance, sustainability and resilience of their critical […]
Hotel analytics and room pricing tech firm becomes latest unicorn
Lighthouse Intelligence, a London-based hotel analytics firm, has secured a £296 million investment led by KKR, valuing the company at over £800 million. This follows a £64 million Series B round in 2021. Founded in 2012, Lighthouse (formerly OTA Insight) provides a suite of software tools designed to help revenue managers, commercial leaders, hotel operators […]
Tewke raises £2.7M to power up smart home tech via Tap
Climate tech startup Tewke has secured £2.7 million in seed funding to further develop its energy-saving home automation solutions. The London-based company, founded in 2020, will use the funds to enhance its intelligent light switch, Tap, and its underlying AI systems. Tap, which is set to be unveiled at CES 2025, is designed to reduce […]
Dotlines launches in the UK, with London office focused on telecoms
Global tech company Dotlines has announced its expansion into the UK market, setting up a base in London, with a plan to bring a variety of solutions to UK businesses and consumers, focusing on digital security and connectivity. Dotlines UK, led by former TalkTalk Product Director Jaki Chowdhury, will introduce a range of new products […]