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UK tech startups urged to take bold risks, by AI minister, as chip startup Fractile invests £100M

UK tech startups urged to take bold risks, by AI minister, as chip startup Fractile invests £100M UK tech startups are being urged to take bold risks, by the UK’s AI minister, saying the government will back them, as a UK chip startup pledges to invest £100m in its business.  

Vesiro raises €1.6M to optimise elasticsearch and lower server energy use

Vesiro raises €1.6M to optimise elasticsearch and lower server energy use Gothenburg-based Vesiro, a spinout from Chalmers University, has raised €1.6 million in a seed funding round. The round was backed by Chalmers Ventures, Industrifonden, Länsförsäkringar Göteborg & Bohuslän, Yuncture, First Gate Invest, E14 Invest, Mach One, and a group

xWatts closes £1.6M to expand AI-powered energy management solutions

xWatts closes £1.6M to expand AI-powered energy management solutions London-based xWatts, an intelligent energy management platform focused on decarbonising complex real estate assets, has closed a £1.6 million seed funding round. The investment was led by Cambridge Enterprise Ventures, with participation from Cambridge Angels, Parkwalk, and R42. xWatts develops AI-

Decoding ESOPs: A beginner’s guide to employee ownership

Decoding ESOPs: A beginner’s guide to employee ownership Fast-growing companies are increasingly moving away from traditional compensation models. As the global competition for talent intensifies, Employee Stock Ownership Plans (ESOPs) have transitioned from a niche incentive to a foundational pillar of corporate strategy. By allocating a portion of the company

Belgium’s Move To Happiness secures €1 million to scale AI platform linking wellbeing and organisational performance

Belgium’s Move To Happiness secures €1 million to scale AI platform linking wellbeing and organisational performance Antwerp-based HRTech company Move To Happiness has completed a €1 million funding round to accelerate the development of its Human Performance platform – an AI-driven infrastructure that helps organisations structurally link human functioning, such

Paris’ DentalMonitoring raises €84 million to expand AI-powered orthodontic monitoring globally

Paris’ DentalMonitoring raises €84 million to expand AI-powered orthodontic monitoring globally French HealthTech startup DentalMonitoring, an AI-powered software-as-a-medical-device for remote orthodontic monitoring, has secured a combined €84 million ($100 million) investment to fuel international expansion and product innovation. The round was sourced from new investors including Lazard Elaia Capital and

With OpenAI backing, Allonic raises €6 million for robotic body manufacturing platform

With OpenAI backing, Allonic raises €6 million for robotic body manufacturing platform Budapest-based robotics startup Allonic has raised €6 million ($7.2 million) in pre-Seed funding to industrialise a new way of producing complex, dexterous robotic bodies through its manufacturing platform. The round was led by Visionaries Club, with participation from

Irish BioTech startup Aerska raises €32 million to “enable our loved ones to live longer”

Irish BioTech startup Aerska raises €32 million to “enable our loved ones to live longer” Dublin’s Aerska, a BioTech company using brain shuttle technology to develop RNA medicines for CNS diseases, today announced the close of a €32 million ($39 million) Series A financing to improve delivery of RNAi interference