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Tech

Devon electric vehicle battery firm secures $5m for planned North East factory
Technology
Altilium converts end-of-life EV batteries into materials that can be used in new batteries
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Devon tech firm relocates to Exeter Science Park
Offices
The company develops specialist software for the fashion, retail and leisure sector
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Stock rise sees Nvidia challenge Apple for world's most valuable company title
By City AM
Nvidia has seen its stock rise by 3.4 per cent, making the company the second most valuable in the world, behind Apple
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AI startups have captured a quarter of º£½ÇÊÓƵ VC funding in 2024
By City AM
AI startups have captured a quarter of all º£½ÇÊÓƵ VC funding in 2024, marking the second-best year on record for investment in the sector
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5 South West companies to watch in 2025
South West
The region is a hotbed of innovation and sectors such as AI, cleantech and robotics are flourishing
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New jobs created as Synthotech develops new Yorkshire water technology hub
Employment
The investment in the new technology centre follows the securing of £7.3m of funding
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Growing tech firm Mobile Tornado expands into new head office in Harrogate
property news
The business has moved into the WorkWell offices in Copthall Bridge
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The world's first AI-exclusive university in Abu Dhabi and its global impact
By City AM
The Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) in Abu Dhabi was officially licensed in March 2020 and now has 365 active students from 45 countries
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Newcastle volunteering app onHand seals £750,000 investment deal
Deals
The firm has already worked with firms including Baringa, Domestic & General, Rightmove and Newcastle Building Society
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Mid Wales DNA tech testing firm boosted with equity investment
Deals
Amped PCR has secured investment to support commercialiation in an investment round led by the Development Bank of Wales
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BT wins £1.3bn 'overcharging' class action
BT
The class action was launched by law firm Mishcon de Reya on behalf of over three million customers with consumer champion Justin Le Patourel lending his name as the claimants representative
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Newcastle lab grown leather specialist BSF secures £50,000 funding to begin manufacturing
Technology
The grant is the latest in a string of funding awards for the group and has been described as 'pivotal moment' for the fashion industry disruptor
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Transport for Wales launches new high speed internet network
Technology
It has installed the network in tandem with electrifying the Core Valley Lines into Cardiff
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Sheffield data specialist Cirata seals $2m deal to support major US bank
Deals
The business has withdrawn guidance for FY2024 amid movement of its pipeline opportunities and bookings
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Grimsby's Card Industry Professionals acquired by US-based tech firm Shift4
Technology
The firm was backed with investment from the Northern Powerhouse Investment Fund and the Midlands Engine Investment Fund
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Durham developed clean power tech gets £600,000 funding to start production
Climate Agenda
H2CHP will establish a manufacturing base in Scotland for its free piston engine that promises to cut carbon emissions
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SThree shares crash to four-year low as firm says it's been hit by 'challenging' market
By City AM
The firm's share price tumbled as much as 39% in early trading, making it the worst performer on the FTSE 250 index, with the stock trading at its lowest level in more than four years
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Music treatment pioneer MediMusic teams up with university researchers to help South Asian patients
Technology
The Hull start-up has joined forces with researchers from Anglia Ruskin University
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Gateshead AI software specialist Wordnerds seals £1.6m funding deal
Deals
£720,000 of the £1.6m investment comes from two of Northstar Ventures’ funds
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Software firm Vulse plans $1m fundraise to expand into USA
North West
'Expanding into the US marks a significant moment for Vulse'
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Private healthcare platform secures £402,000 in new funding
West Midlands
Birmingham-based Get Well Soon is aiming to help people compare the cost of elective surgery procedures
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£5m boost for manufacturing tech firm Partful as it aims for US expansion
North West
Northern Gritstone leads investment round with Par Equity and Blumberg Capital
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Pennant expects 'modest' profits after reducing workforce
Enterprise
The AIM-listed firm has cut 30 jobs and sold off parts of its site at Staverton in Gloucestershire
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Work starts on one of world's biggest battery storage facilities in Cardiff
Cardiff Capital Region
The data centre element of the scheme will be powered by renewable energy and will create hundreds of jobs
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