‘It feels like a break-up’: CEO shuts down firm after passion runs dry Tech The chief executive of a technology start-up has decided the close down the business after ‘running out of passion’. Ike Cooke, who co-founded Liverpool-based Bundant, announced the news on social media that the firm is to be wound down. The company provided a home refill service centred around a smart device – The Bundantband – [...]
UK funding for AI startups surges but still lags behind US Tech AI startups captured 25 per cent of all UK venture capital funding in 2024, totalling $15.9bn (£12.8bn) – a sharp rise from $3.1bn (£2.5bn) four years ago. Balderton Capital’s latest data shows that 2024 was the second best year on record for AI investment in the UK. The sector’s value has more than doubled in [...]
Plans worth £200m revealed by Imperial College London and Bruntwood SciTech Property Imperial College London is to build a life sciences and deep tech development worth over £200m in the west of the capital after partnering with Bruntwood SciTech. The university has earmarked land at its White City Deep Tech Campus after signing an agreement with the joint venture between property group Bruntwood, Legal & General and [...]
Abbey Road Studios is looking for the next Spotify October 21, 2024 When The Beatles recorded 190 of their 210 songs at Abbey Road Studios in west London, they pushed the boundaries of the primitive equipment at the time They experimented using tape machines in ways they weren’t designed for, pulling all-nighters to create the iconic distorted sounds of tracks like “Revolution”. It was a revolution not just [...]
How this tech start-up wants to rebuild the construction industry (from the ground up) August 13, 2024 Entrepreneur Jamie Menzies was just seven years into running his own residential construction company, Zebra Property Group, when the pandemic halted nearly all building operations.