The UK tech sector has attracted more foreign investment in the first seven months of 2019 than it did during the whole of last year, according to latest industry figures, and has overtaken the US for foreign investment, per capita. Research prepared for the Digital Economy Council by Tech Nation and Dealroom.co shows that between January and July this […]
Lawtech start-up Autto raises $1m
Autto, the simplified automation provider, has announced that it has raised $1m in funding, its second significant round since the company launched in February 2018. The finance has been raised from existing angel investors, a UK government grant, and new investment from Tangible, a corporate legal platform in the US. The funding will be used […]
Artificial Intelligence for Energy Efficiency
As energy systems worldwide continue to decarbonise and decentralise, there is an increasing need to manage and predict the distributed constituents of the system, such as renewables, EVs and battery storage, the letter says. AI will be “essential” to managing this system and the data that comes with it, the letter continues, adding that London […]
How Artificial Intelligence Can Help Protect Children?
How Artificial Intelligence Can Help Protect Children? London start-up developing child safety technology that can stop children sending dangerous messages even before they finish typing has raised millions from investors and sealed a deal with the German government to get its app onto the phones of thousands of children. SafeToNet, which develops software that can limit […]
Venture capital spending hits all-time high in 2019
Venture capital (VC) funding in the UK soared to a record high during the first half of this year, bolstered by a growing appetite for tech investments. Venture capital spending hits all-time high in 2019. Funding in VC rose to £4.3bn during the first half of 2019, rising 45 per cent on the same period […]
Legal & General Retail Retirement acquires MyFutureNow
Atos, a global leader in digital transformation, believes technological developments will play an increasingly significant role in getting Millennials and Generation Z savers to engage with their pensions and plan for retirement. In its latest opinion paper, Digital Vision for Life and Pensions, Atos highlights how the industry’s future is being determined through new technologies […]