Author Archives: FHA Admin

ALTITUDE ANGEL EXPANDS ITS INTERNATIONAL PRESENCE WITH A VIENNA OFFICE

The new office opening represents the first step in Altitude Angel’s international expansion, as it strengthens its portfolio of partners and projects across the globe, including Frequentis, DJI, the FAA (LAANC) and the SESAR research programme (Impetus and GOF). On the international expansion, Richard Parker, Altitude Angel, CEO and founder, said: “Opening an office in […]

New research from MMC Ventures identifies ‘the age of the AI entrepreneur’ – as one in 12 new European startups is an AI company

The State of AI shows that AI technology has moved into the mainstream. Corporate adoption of AI has tripled in the last 12 months – one in seven large companies has adopted AI. Within 24 months, two thirds of large companies will have live AI initiatives. Over three years, the proportion of enterprises with AI […]

Ministry of Defence’s, Defence, Science and Technology Laboratory joins Seraphim Space Camp as Corporate Partner and Sponsor.

Dstl joins other high-profile corporate partners including: Rolls Royce, Inmarsat, Airbus and the European Space Agency. The accelerator, now in its second year, provides inside access to the latest innovation within the SpaceTech sector and creates connections with leading global seed stage start-ups working in the sector. The engagement comes at a time when Dstl […]

AI cyber defender Senseon secures $6.4m to redefine industry approach

Founded in 2017 by David Atkinson – the first ever cyber operative within the UK’s specialist military units – Senseon empowers businesses to keep pace with the increase of emerging cyber-attacks. Atkinson’s extensive expertise in cyber security, both for enterprises and at a national level, inspired him to create the ‘AI Triangulation’ system at the […]

Black Swan Data grows leadership team as global expansion continues

Black Swan is widely hailed as one of the fastest growing companies in Europe, having experienced a 1,431 percent rate of growth between 2013 and 2017, achieving revenues of €17,815,000 in 2016 alone. With the companies’ operations now spanning three continents, Black Swan is bolstering its senior team as part of its global growth strategy.   […]

Toronto’s OneEleven ready to help London’s fast-growth businesses with “scale-as-a-service”

Dean Hopkins, CEO of OneEleven, said: “London offers incredible support for early stage businesses as they start out, and once they reach Series A funding – but there simply isn’t enough of an infrastructure out there at the moment to help companies at that crucial in-between stage. Many companies will go through accelerator or incubator […]

Launch of breakthrough software that replicates how humans process images

The concept for Dragonfly was inspired by innovative research from Queen Mary University of London that studied the notion that robots were able to see and process images the same way that humans can. Researchers found that they were able to capture the first reaction of a human’s brain functions when processing an image through […]

Newable Private Investing launches evergreen fund targeting early-stage companies looking to scale

NPI aims to invest in seven to ten such businesses operating in knowledge-intensive industries through the EIS fund, with particular emphasis on the specialist areas of electronics, automation, medtech, and spacetech. Focused on investing in game-changing technologies, the fund provides a gateway to Series A for visionary businesses that are now looking to scale commercial […]

InMotion Ventures invests in Urgent.ly as part of $21 million round

Founded in 2013, Urgent.ly is a full-service roadside assistance provider, taking advantage of connectivity to offer a fully integrated recovery service from first notification to repair. The geo-location of Urgent.ly’s customers and their vehicles means the best-rated and closest providers with the right equipment are algorithmically matched, assigned and dispatched to help the customer. All […]

MMC Ventures continues to support British AI company Growth Intelligence in £1.7m round

Growth Intelligence has raised £1.7m to help marketers and sales leaders drive faster growth with AI. Founded in 2013, Growth Intelligence helps high profile brands, including American Express, FedEx, Western Union, iZettle and Vitality Health, target their direct marketing activity to businesses that are most likely to buy. The AI Platform combines records of a […]

Digital Shadows and Immersive Labs Partner to Reduce Mean-Time-To-Learn for Security Professionals

The outdated way cyber skills are taught to security and technical teams puts companies at risk. Threat intelligence is increasingly disconnected from the skills of security teams, whose training is based on legacy methods and yesterday’s threats. Recognising the gap is leaving organisations exposed, Immersive Labs and Digital Shadows have partnered to make threat intelligence […]

QuadSAT Secures £700,000 Seed Funding

The investment will enable QuadSAT to bring its innovative drone platform to the satellite communications industry, initially focusing on maritime and aeronautical applications. QuadSAT’s platform uses drone technology to test and calibrate satellite and VSAT antennas autonomously, mimicking an orbiting satellite that can simulate a ship or aircraft’s motion. This method enables highly accurate testing […]