Enzai Technologies Ltd, a Belfast-based startup, has secured $4 million in a seed funding round led by Berlin-based Cavalry Ventures. Enzai will use the funding to double-down on their market leading AI governance solution, which helps organisations understand and manage the risks that come with AI while meeting their regulatory obligations. Enzai was founded to [...]
Krucial, a Scottish startup leveraging space technology, has successfully secured $3.7 million in its latest funding round. The funding round was led by existing investor Scottish National Investment Bank, alongside University of Strathclyde and Scottish Enterprise, with new international investors including Dubai-based AzurX and brings their total funding to $7.5 million. The company intends to [...]
Open Cosmos Ltd., an England-based satellite startup, has raised $50 million in Series B funding from three leading impact investors, ETF Partners, Trill Impact and A&G. Satellites have proved beyond useful to our everyday lives. Open Cosmos is working to build sustainable, low-earth orbit satellites and their associated end-to-end data management systems. The latest funding [...]
The UK Government has announced £218 million in funding to help develop cutting-edge green aviation technology. This announcement, which came out during the 2023 Paris Air Show, will aim to grow the UK’s share of the global aerospace market. The £218M will come as combined government and industry funding will be delivered through the Aerospace [...]
Canada and the UK have unveiled agreements to support innovation in biomanufacturing, quantum, climate change, and alternative protein research. This support will come in the form of funding packages and collaboration. This effort will deepen collaboration on science and innovation between the two countries. This agreement includes a £20 million joint biomanufacturing programme to be [...]
Aberystwyth University’s Institute of Biological, Environmental and Rural Sciences (IBERS) has received a funding boost of £9.8 million for its work on resilient crops. The Institute is an internationally recognised research and teaching centre focused on building a research base in response to global challenges such as food security, bioenergy and sustainability, and the impacts [...]
Northern Ireland’s Department of Agriculture, Environment and Rural Affairs (DAERA) has awarded a total of £600,000 to six companies to develop practical and environmentally friendly solutions for livestock slurry. The initiative, called the Green Growth Fund, is being provided by DAERA and the Department for the Economy’s Small Business Research Initiative (SBRI). The funding initiative [...]
A new hub for biosciences is launching in Aberdeen. The £40 million life science research and commercialisation facility is being called the ONE BioHub and is set to support scientists and innovators as they work to turn research into businesses. The hub will also offer support on their entrepreneurial journey. ONE BioHub intends to provide [...]
In recent years, the UK government has worked towards supporting innovation through investing in R&D. In line with this mission, the UK’s Space Agency is making available £50 million into space-related R&D in The Space Clusters Infrastructure Fund. The fund is aimed at supporting the development of pioneering space products to help maintain the UK’s [...]
Belfast’s digital identity and background check provider SureCert is a clear example of the speed at which a startup can build their own name. The company has won a contract to support the foundation of a national digital ID system from the government of Thailand. This win comes, no doubt, as a result of SureCert’s [...]
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