Category: business

Finance, startups, productivity

  • Watson grows up: IBM’s AI platform strategy comes of age

    There was a time when Watson felt like a quiz show champion in search of a business model. When IBM’s AI first dazzled the world on Jeopardy! back in 2011, it became shorthand for machine intelligence itself. Fast forward to 2026, and Watson has now evolved into the far more industrial-sounding IBM watsonx™ and is read more

    Watson grows up: IBM’s AI platform strategy comes of age
  • The thing that everyone expected to happen has happened

    Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all read more

  • Hosel raises £500K pre-seed to create the "Vinted for golf"

    Golf tech startup Hosel is aiming to take a swing at a global second-hand club, equipment, and accessory market valued at $3 billion. Ascension VC has led a pre-seed £500,000 investment round, with a further institutional round and US expansion planned later this year. With a growing trend among golfers seeking “nearly new” golf clubs, read more

    Hosel raises £500K pre-seed to create the "Vinted for golf"
  • Inter IKEA Group backs Seprify’s €13.4M Series A to scale cellulose materials platform

    Swiss bio-materials companySeprifytoday announced that it has raised €13.4 million in Series A funding to scale their cellulose-based alternative to titanium dioxide used across cosmetics, food and coatings. The investment is backed by Inter IKEA Group and also includes participation from investors Una Terra Early Growth Fund, Zürcher Kantonalbank (ZKB), Cambridge Enterprise Ventures, Kickfund, and read more

    Inter IKEA Group backs Seprify’s €13.4M Series A to scale cellulose materials platform
  • BioInnovation Institute adds 11 startups to Venture Lab cohort

    BioInnovation Institute (BII), a Copenhagen-based non-profit innovation hub established by the Novo Nordisk Foundation, is supporting 11 companies through its 12-month Venture Lab programme. Each company receives €500,000 in convertible loan funding, along with access to laboratory infrastructure, mentorship, business expertise, and BII’s investor network of more than 200 national and international investors. BII supports read more

    BioInnovation Institute adds 11 startups to Venture Lab cohort
  • Yann LeCun’s Paris-based AI world model startup raises more than $1BN

    Yann LeCun’s much-anticipated new startup, which is developing alternative AI models to large language models (LLMs), has raised more than $1bn in Europe’s largest-ever seed funding round, it has confirmed today. Announcing the funding round, LeCun, the former Meta chief AI scientist and Turing prize winner, said: “We just completed our seed round, one of read more

    Yann LeCun’s Paris-based AI world model startup raises more than BN
  • Mantle8 awarded €2.06M EU grant for natural hydrogen platform

    Mantle8, a European natural hydrogen exploration company, has received a €2.06 million grant from the European Union’s Just Transition Fund to support the development of itsnatural hydrogen exploration technology platform in Grenoble. Founded in 2024 by Emmanuel Masini, Mantle8 develops geoscience-based technologies designed to identify potential natural hydrogen resources and analyse hydrogen-generating systems in the read more

    Mantle8 awarded €2.06M EU grant for natural hydrogen platform
  • Escape secures $18M Series A to develop AI cybersecurity agents

    Escape, an offensive security engineering platform, has raised $18 million in a Series A funding round to develop AI agents designed to automate the security lifecycle. The round was led by Balderton, with participation from Uncorrelated Ventures and existing investors IRIS and Y Combinator. Advances in AI have shortened the time between code deployment and read more

    Escape secures M Series A to develop AI cybersecurity agents
  • Cytotrait raises £3M for agricultural gene-editing technology

    Cytotrait, a spinout from The University of Manchester focused on developing new traits for food and agricultural applications, has closed a £3 million seed funding round. The round was led by Northern Gritstone, with participation from the UK Innovation & Science Seed Fund (UKI2S), managed by Future Planet Capital, and the Northern Universities Ventures Fund, read more

    Cytotrait raises £3M for agricultural gene-editing technology
  • ILS secures seed funding to expand ProVision legal workflow platform

    Intelligent Legal Solutions (ILS), a global legal technology company building automation software for investment fund lawyers, has secured a seed funding round led by Chicago Ventures, bringing its total funding to more than $3 million. Founded in 2024, ILS was established to address the largely manual nature of post-close fund workflows, an area that has read more

    ILS secures seed funding to expand ProVision legal workflow platform
  • Saltz raises €20M to build global chef-supplier marketplace

    Saltz, a digital marketplace for the food supply industry, has raised €20 million in Series A funding. The round included investment from the European Bank for Reconstruction and Development (EBRD), Inovo, Lifeline Ventures, and Change Ventures, along with participation from Mantas Mikuckas (founder of Vinted), Miki Kuusi (founder of Wolt), several Shopify executives, and other read more

    Saltz raises €20M to build global chef-supplier marketplace
  • UK manufacturing startup Isembard secures $50M

    A UK startup which has developed software to automate the manufacturing of key component parts for industries, including space, defence and robotics, has raised $50m in a Series A funding round, less than 12 months after its $9m seed round. Isembard, founded by entrepreneur and former army reservist Alexander Fitzgerald in 2024, is creating anetwork read more

    UK manufacturing startup Isembard secures M
  • University of Edinburgh biotech spin-out BIOCAPTIVA raises £1.58M

    University of Edinburgh spin-out BIOCAPTIVA has raised £1.58 million in a new funding round and launched its first product in the US. BIOCAPTIVA’s novel magnetic bead technology is designed to solve one of liquid biopsy’s biggest bottlenecks: preparing blood samples for cancer research and diagnostics. By improving how cell-free DNA is captured from blood, the read more

    University of Edinburgh biotech spin-out BIOCAPTIVA raises £1.58M
  • Mirai Robotics raises $4.2M Pre-Seed to build autonomous dual defence maritime systems

    Mirai Robotics has raised $4.2 million Pre-Seed, one of the largest in Italy in the robotics and deep-tech sector, to build autonomous and intelligent maritime systems to master every sea. Primo Ventures, Techshop and 40Jemz Ventures led the round, with participation from leading Italian and international angel investors. The sea is one of the most read more

    Mirai Robotics raises .2M Pre-Seed to build autonomous dual defence maritime systems
  • Nvidia-backed Nscale raises $2BN, appoints Sheryl Sandberg, Nick Clegg to board

    Nscale, theNvidia-backed AI infrastructure startup, has raised $2bnin a Series C funding round, valuing it at $14.6bn, andappointedSheryl Sandberg and Nick Clegg to its board. The round, which Nscale says is the largest Series C everinEurope, was led by existing investorAker ASA, the Norwegian investment firm,andVC firm 8090 Industries. AstraCapital, Citadel, Dell, Jane Street, Lenovo, read more

    Nvidia-backed Nscale raises BN, appoints Sheryl Sandberg, Nick Clegg to board
  • Global trading system under ‘unsustainable’ pressure warns UK

    Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The global trading system is under “unsustainable” pressure, the British government has warned, ahead of a crunch meeting of trade ministers later this month. The UK told the Geneva-based World Trade Organization that significant reforms read more

    Global trading system under ‘unsustainable’ pressure warns UK
  • Gulf businesses buy up political violence insurance as conflict spreads

    Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Data centres, energy projects, pipelines, ports and hotels across the Gulf are flooding insurers with requests for millions of dollars of cover against political violence, as asset owners move to limit their exposure to the read more

    Gulf businesses buy up political violence insurance as conflict spreads
  • Iran warns it will hit US bases across region hours after president’s apology

    Iran’s military warned that it would continue to target US forces across the Middle East, hours after the Islamic republic’s president said Tehran would halt attacks on Gulf states, which are home to American bases. In a recorded video aired on state television on Saturday, President Masoud Pezeshkian apologised for the assaults on Iran’s Arab read more

    Iran warns it will hit US bases across region hours after president’s apology
  • The bombing of Tehran — in maps and satellite images

    Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tehran has been pockmarked by window-shaking explosions ever since Israel and the US launched their assault on Iran on February 28, with government buildings, military and intelligence sites, residential areas and civilian infrastructure struck as read more

  • SheBuilds goes global as Lovable offers free AI app-building access on International Women’s Day

    On 8th March (International Women’s Day), Lovable is making its platform completely free globally for 24 hours to celebrate SheBuilds, Lovable’s program spotlighting women building software across the world. SheBuilds shows what’s possible when building software is accessible to anyone with an idea. This year, it is becoming a global build day that anyone can read more

    SheBuilds goes global as Lovable offers free AI app-building access on International Women’s Day