Companies to Watch
Sourceful raises £8.8m to develop supply chain platform
Manchester-based Sourceful has raised £8.8m in a seed funding round let by Index Ventures. The company will be launching its supply-chain platform in 2022 which aims to help…
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Fractory raises £6.5m for its metalworking supply chain platform
Data sharing solutions for the manufacturing sector got a boost with the announcement of Fractory’s £6.5m investment for its supply chain platform. Based in Manchester, Fractory has developed…
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Aurelia raises £2.2m for its finance integration platform
The finance data sharing integration platform for small businesses, Aurelia, has raised £2.2m in a seed funding round led by Blossom Capital. Other investors in this round include…
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InfoSum secures $65m Series B funding for its data sharing platform
Data collaboration platform provider, InfoSum, has announced a $65 million Series B funding financed by Chrysalis Investments. The round brings the total amount raised to $90 million since…
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Features
23 Tips for Pitching to Investors
Getting in front of the right investor to pitch your business plan is difficult enough. Securing funding from the meeting is even harder. Top VC firm, Andreesen Horowitz (A16Z) estimates it sees about 2,000 pitches a year and invests in between 20 and 40 of them. This means, on average, you’ve got to have a…
Providing AI and data services to the UK public sector? Then you need to be aware of the “Ethics, Transparency and Accountability Framework for Automated Decision-Making”
The UK government has published a framework for any public sector bodies using automated decision-making systems. The aim is to make the use of algorithms and automated decision-making systems within the public sector more transparent, ethical and accountable. The framework was produced by the Cabinet Office in collaboration with the Central Digital and Data Office…
Should you be using a sandbox for your fintech app?
Regulatory Sandboxes for Fintechs Building apps is difficult enough without the need to ensure legal compliance. Fintech apps are a case in point with strict legal requirements from both financial and privacy regulators needing to be adhered to. Luckily, help is at hand in the UK with the Information Commissioner’s Office (ICO) and the Financial…
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Edge Computing: definitions
What exactly is Edge Computing? Edge computing is rapidly emerging as a key enabler for a new generation of technologies and services. As computing technologies become ever-smaller, more powerful and cheaper, they are increasingly being deployed to collect and process data on-site rather than simply storing or transmitting it for processing at a central location.…