Why Spotify backer Creandum is tripling down on US AI With $750m fund
Venture capital firm Creandum is increasing its handprint in the United States to cash in on the growing AI sector, with a new tranche of…
Founders
Over half of UK’s boom businesses have a foreign-born founder
More than half of the UK’s 100 fastest growing companies were founded by someone born overseas. The figure – 54% – is the joint-highest annual…
AI startup raises $1bn at a $6bn valuation
A year-old AI startup has raised $1bn (£750m) at a reported $6bn valuation, as investors back its attempt to make artificial intelligence models cheaper to…
Chancellor pledges measures to support UK entrepreneurs
Chancellor John Healey has pledged to use next week’s Budget to reduce the cost of doing business and support entrepreneurs facing mounting financial pressures across…
Music tech startup secures £1m to expand platform
London-based startup Chaos AI has secured £1m in pre-seed funding to develop its collaborative music platform, which aims to bring communication, file sharing and project…
More Americans are starting businesses as AI helps founders go solo
New data reveals that the number of Americans starting businesses is continuing to rise, with artificial intelligence helping entrepreneurs launch ventures with fewer employees and…
Government-backed startup loans help to create 250,000 jobs
New data reveals that the Start Up Loans programme has helped to create or support 250,000 across the UK, as businesses funded by the programme…
Fruga raises £1m in seed funding
Manchester-based insurance technology firm Fruga has raised £1m in seed funding to expand its open banking platform and help consumers reduce the cost of annual…
Shopify finds entrepreneurship is driving economic activity
E-commerce platform Shopify has reported that its ecosystem generated more than $1.2tn in economic activity over the last year, as artificial intelligence and lower barriers…
Lenovo launches documentary series connecting entrepreneurs
Lenovo has launched a new documentary series exploring how international collaboration can help small businesses overcome challenges and identify opportunities for growth. The four-part series,…
