AI start-up Grid Edge completes funding round

An AI technology start-up founded by three friends from Aston University has completed a Series A funding round, led by BP Ventures. Grid Edge is a developer of AI technology that enables customers to predict, control and optimise a building’s energy profile. Its cloud-based software can help commercial consumers to reduce their energy costs, as well […]

JLR developing 3D tech to make driving safer

Jaguar Land Rover is developing technology which will beam real-time safety information in front of the driver and allow passengers to stream 3D movies direct from their seats. Engineers are working on a new 3D head-up display to project safety alerts, such as lane departure, hazard detection, sat nav directions, and to reduce the effect […]

Southam developers of photorealistic VR expanding globally

Southam-based Reality In Virtual Reality (RIVR), which launched in March 2017, has received financial assistance from Coventry University Enterprises (CUE). The funding will allow the company to take virtual reality training to the next level by scanning any real-life environments and importing them into a virtual reality world. The project won support from CUE’s Technology Start-up […]

Government launches £68 million AI and robotics fund

The Government has announced more than £68 million of investment from the Industrial Strategy Challenge Fund (ISCF) for a programme of robotics and artificial intelligence (AI) projects aimed at improving safety in extreme environments. The programme will develop robots and artificial intelligence to take on jobs in the freezing depths of the North Sea, dealing […]