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Tech

Fresh funding boost for West Midlands creative tech firms
West Midlands
Initiative is bringing together the RSC with local universities and industry to enable firms to connect with the region's arts sector
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Kinewell Energy targets Asia-Pacific growth with revamped software products
Energy
Some of the North Shields-based team are in South Korea this week for a major industry summit
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London holds on to crown as tech capital of the world as New York closes in
By City AM
The Z/Yen Smart Centres Index - which ranks 77 global commercial hubs on their ability to create, develop and deploy tech - showed London remained in first place
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Coding school to create new edtech jobs in Birmingham
West Midlands
School of Coding & AI is expanding its operations by taking new base in the city centre
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Not just 'shiny tech bits' – how AI could power Liverpool and its businesses to global success
Technology
AI summit saw speakers from IBM's º£½ÇÊÓƵ CEO to small firms winning success in the USA
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County Durham tagging tech firm PervasID seals £3.25m funding round
Deals
The company launched a second base at NETPark in Sedgefield earlier this year to tap into regional skills
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Sage earnings climb as cloud uptake grows and AI assistant rolled out
Company Results
The FTSE100 giant said it was entering 2025 with strong momentum
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£12m innovation boost for North West shipping, nuclear and cybersecurity
BAE Systems plc
Engineering and Physical Sciences Research Council investing £22m in º£½ÇÊÓƵ research clusters
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Tyneside tech firm ITC Service on acquisition trail following £7m investment deal
Deals
ITC has secured the seven-figure sum from growth capital investor BGF
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Informa forecasts robust year-end results, buoyed by strategic growth in India and the Middle East
By City AM
The FTSE 100 events giant said it was on track to hit full-year guidance, with growth driven by its position in India and the Middle East.
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X-ray tech firm Silveray secures £4m seed funding led by Northern Gritstone
Technology
Greater Manchester firm plans to launch latest digital X-ray tech next year
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Bristol bionic arm firm secures funding to open clinics in US
Technology
Open Bionics has developed a 3D printed 'Hero Arm' controlled by special sensors which are activated by muscles in the forearm
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Wootzano hails new Malaysian partnership as it launches £500,000 crowdfunding bid
Technology
The North East packing tech specialist says the deal with Kuala Lumpur's VCI Global is worth about £30m
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London-based Truelayer cuts a quarter of staff, loses unicorn status in new funding round
By City AM
The London-based firm axed 71 roles at the end of September a week before announcing a $50m funding round that lowered its valuation, according to two sources
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Audioboom raises profit forecast again, projecting £2.2m amid strong ad sales
By City AM
Shares in the audio on-demand advertising and technology company have fallen around 17.5 per cent over the past 12 months
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Global focus on Liverpool's video game sector as industry talks diversity and success
North West
Tech leaders talk at Develop North and discuss the power of diverse hiring at #RaiseThe Game session
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Tessl, a London-based AI firm, hits a $750 million valuation just nine months post-launch
By City AM
Tessl, a London-based firm founded in February, has raised $100million in a Series A venture capital round led by Index Ventures
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Apple faces £3bn legal challenge from Which? over alleged Icloud competition breaches
By City AM
Consumer rights group Which? has filed a £3bn lawsuit against tech giant Apple for alleged breaches of º£½ÇÊÓƵ competition law in relation to its Icloud services
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Rescue buyer sought for Tyneside tech firm Zytronic as restructuring specialists appointed
Technology
The firm, which dates back to the 1940s, could close if a buyer isn't found
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Tech firm Olsen Actuators & Drives plans 'significant growth' after securing £700k investment through Northern Powerhouse Investment Fund
Tech
Olsen has worked on Vertical Aerospace's fully electric air taxi project
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Teesside tech firm to expand with multimillion-pound investment
Deals
Salesfire, which was launched in 2017, helps customers including Hamleys, Moss Bros and Trespass to increase sales through their websites and its software is now used by more than 700 brands.
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Yorkshire firm Veracity Trust Network wins £585,000 Singapore cyber grant
Deals
The grant will be used to develop and deliver advanced malicious bot detection
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23andMe, supported by Richard Branson, announces major layoffs and strategy shift following data breach
By City AM
The genetic testing company, which is backed by Richard Branson's VG Acquisition Corp, has been hit by a number of issues over the past year, including a data breach
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Vodafone sees revenue growth and completes share buyback amidst market challenges
By City AM
The telecoms giant has reported a jump in operating profit today and reiterated its financial guidance for the year after a string of asset disposals
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