Kvantify ApS, a Danish quantum startup, has announced their expansion into the UK with a new office in London. The move comes as part of Kvantify’s broader strategy to solidify its position in the European market and bolster its international presence. The expansion comes with the appointment of four new employees to their drug discovery [...]
Ofgem, the non-ministerial government department also known as the Office of Gas and Electricity Markets, has announced a new scheme which will support three National Grid-led projects focused on developing electricity transmission and distribution network innovations with £1.3 million in funding. Ofgem’s Strategic Innovation Fund (SIF) programme is designed to drive the innovation needed to [...]
Technology Secretary Michelle Donelan has announced new measures to support the research sector and wider public. These measures include a new £60 million Regional Innovation Fund (RIF) that will boost support for universities in areas with lower levels of research and development investment. The Secretary of State unveiled the scheme alongside the launch of an [...]
The UK and Singapore are forging a strategic partnership to support innovation and R&D for both nations. The partnership was announced in early September when UK Prime Minister Rishi Sunak and Singaporean Prime Minister Lee Hsien Loong signed the UK-Singapore Strategic Partnership during the G20 Summit in India. The agreement charts a course for the [...]
Protein Industries Canada and Innovate UK are working together to support innovation in the food industry. The organisations are offering $20 million CDN for collaborative research and development projects aimed at diversifying the protein world with plant-based alternatives. There is a growing demand for plant-based food as the global food industry struggles to meet a [...]
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 [...]
Australia (AU)
