Altruistiq, a software as a service (SaaS) startup using data to improve carbon reporting, has raised £15 million in one of Britain’s largest tech seed funding rounds. The company’s mission is to create the means for nearly any company to achieve and improve their sustainability. Their solution? Data-driven carbon-analytics to drive decision making and identify [...]
Deregallera, a Welsh company founded in 2009, has caught the attention of Ford, securing £1.8 million in support for their electric vehicle project. The Caerphilly-based R&D firm will lead a project that will utilize the talent at Meritor - a commercial brake manufacturer, and Cardiff University. The project will focus on the design, development and [...]
CropBiome has received €1.3 million in funding in a round led by HBAN (Halo Business Angel Network), and a joint initiative of Enterprise Ireland, InterTradeIreland and Invest Northern Ireland. CropBiome is an agritech startup focused on building sustainability into a more secure food model. This mission comes in response to the growing concern of climate [...]
London-based MultiOmic Health Ltd. has partnered with Singapore’s Mesh Bio Pte. Ltd. to conduct an observational clinical study on patients with chronic metabolic disease and increased risk of complications such as chronic kidney disease. This partnership will provide access to data from patient populations in Asia which are historically underrepresented in chronic metabolic disease studies. [...]
Glasgow-based Kingdom Technologies has secured £2 million in funding from Scottish Enterprise and other UK and European investors. The product? Commercial robotic lawn mowers. The company was founded in 2018 and has grown rapidly since, bringing in multiple startup competition awards across Scotland and raising over £800,000 in funding from private investors and public funds. [...]
Sonio, a Paris-based startup focused on improving prenatal care with artificial intelligence, has secured €5 million in new funding. This funding round was led by Elaia, OneRagtime, and Bpifrance. The startup’s pioneering technology aims to guide practitioners during ultrasounds to optimize their treatment and diagnosis. They leverage 5 years of R&D and clinical development expertise [...]
SiFive, Inc., a fabless semiconductor company, has announced the opening of its new UK Research & Development (R&D) Center headquartered in Cambridge, United Kingdom. Along with this new facility, the company is committed to hiring more than 100 new employees across a range of roles. SiFive is the first company to produce a chip that [...]
Nearly half a million UK businesses will benefit from a tax cut worth up to £1,000 starting from the 6 April 2022. Tax cut worth up to £1,000 for eligible businesses announced by the Chancellor at the Spring State. Increase in Employment Allowance from £4,000 to £5,000 benefits around 495,000 businesses which is 30% of [...]
There are over 6 million small and medium businesses in the UK. So it's no surprise that small businesses submitted the majority of R&D tax claims last year. Additionally, this year the number of claims has increased once again What is considered a small business? Less annual revenue- small businesses often have small scale operations. [...]
HMRC’s Birmingham regional centre and UK Government hub has been formally opened by Jim Harra, HMRC’s first permanent secretary and chief executive Following the opening of the regional centre, HMRC will maintain a presence at its West Midlands office at Telford Plaza, which is home to close to 750 employees The new Regional Centre: [...]
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