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Tech

Fashion tech company RESPONSIBLE buys local peer for undisclosed sum
Northern Ireland
The acquisition of Haru will help the company rollout its technology to help fashion brands recycle clothing
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Spaceport Cornwall focused on space cluster growth as Virgin Orbit pauses operations
Technology
Richard Branson’s US satellite launch firm is working to secure additional funding for future launches and has furloughed staff, according to reports
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Venture capital flocks to Northern Ireland high growth firms
Northern Ireland
VC investment jumped one third to £139 million last year
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Rolls-Royce developing a mini-nuclear reactor to power a future base on the moon
Aerospace
Engineering giant wants to have a reactor ready to send to the moon by 2029
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Bristol tech firm to create jobs and expand office after funding deal
Technology
Amdaris has secured a seven-figure finance package from bank HSBC
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Global games developer Creative Assembly opens new studio in Newcastle
Creative & Digital
100 skilled jobs will be created in the coming years at the studio, which forms part of Japanese gaming juggernaut Sega
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TalkTalk appoints merger and acquisition specialist as new chief financial officer amid top team shake up
North West
A number of other top appointments have been made
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Budget 2023: Notts and Derbyshire could get regional 'Canary Wharf'-style investment zone to supercharge growth
The Budget
David Mellen: 'Our region has often been an area of low Government funding, compared to many other areas of the º£½ÇÊÓƵ'
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The Co-op to use autonomous robots for deliveries in Greater Manchester
North West
The service in Greater Manchester will initially be available to 24,000 residents across 10,500 households
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Work starts on £1.5m locomotive maintenance facility
Transport
'This expansion in Leicester means we will be playing our part in developing a more efficient rail network'
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£233m Space City Leicester launches on back of city’s global reputation for space technology
Aerospace
Hi-tech site - including National Space Centre and Space Park Leicester - could one day have a satellite production facility
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Rolls-Royce Submarines in Derby to create jobs under multi-billion pound Aukus sub deal
Ministry of Defence
Australia and the º£½ÇÊÓƵ will both build the SSN-Aukus submarines which combine º£½ÇÊÓƵ and US design and technology
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The º£½ÇÊÓƵ company developing a way to stop ‘space bullets’ destroying satellites and causing billions in damage
Aerospace
ODIN Space wants to build a network of sensors up in space to map almost invisible bits of debris
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Software firm Natural HR acquired by North West outfit
Technology
Moorepay says the deal will help it strengthen its HR software offering to our customers
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Cardiff fintech Sonovate surpasses £3.5bn in business lending
Finance
The lender provided more than £1bn to firms in 2022 as rising costs forced firms to seek finance to manage cash flow
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Healthcare track and trace software firm Fingerprint Global acquired in private equity-backed deal
Deals
South Gloucestershire-based Fingerprint Global’s tech is used by around 200 NHS trusts
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Belfast tech company launches app designed to make planning a night out easier
Northern Ireland
GetSociable will pilot in Belfast before being rolled out across º£½ÇÊÓƵ, Ireland and rest of Europe
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Sunderland esports campus expands thanks to increased investment from national body
Creative & Digital
British Esports, the national promotional body, is set to open a multi-site campus in the city later this year
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Cancer diagnostics company GenoME Diagnostics bags £1.4M funding
Northern Ireland
A Belfast diagnostics company has bagged £1.4 million in funding to develop its test for earlier and more accurate detection of ovarian cancer.
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The farming estate developing a pioneering scheme to capture and bury CO2 as solid carbon
Climate Agenda
Pilot scheme to make renewable heat, electricity and biochar – reverse coal – which can be buried safely underground
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309 jobs affected as administrators appointed to manufacturers Bromford Industries and Accrofab
Insolvency and Administration
Both companies will continue to trade while the administrators seek buyers for the businesses and their assets
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IQE posts profits warning amid fall in semiconductor demand
Finance
The tech company expects to see its revenues decline by around £30m in the first half of this year
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University's role in creation of £2m cloud computing hub to drive innovation
Technology
The University of Leeds is one of several research institutions involved in the creation of CHEDDAR
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Telecoms equipment firm 4Com expands with fourth deal in 10 months
Deals
Bournemouth-based 4Com has made Shropshire-based Reach Digital Telecoms its latest acquisition
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