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Digital

Aveni.ai crowned Fintech of the Year at Scottish Financial Technology Awards

Published 4 months ago

Edinburgh-based AI fintech firm Aveni.ai has won the coveted “Fintech of the Year” award at the 2024 Scottish Financial Technology Awards.

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Maven exits QikServe in sale to The Access Group

Published 4 months ago

Maven Capital Partners has completed a profitable exit from Edinburgh-based QikServe through a sale to business management software provider The Access Group, for an undisclosed sum.

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Scottish AI robotics firm secures £7.9m to scale robotics in manufacturing

Published 4 months ago

A new £7.9 million investment, led by £3.5m from the Scottish National Investment Bank, will enable scale and growth for Leap Automation Ltd (Leap AI), an emerging leader in low-cost industrial AI robotics.

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England: AI performs 81 years’ policing work in six hours

Published 4 months ago

The UK’s most notorious cold cases could be solved using AI.

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Triyit completes £1.1m funding round following £850k Investment Fund for Scotland backing

Published 4 months ago

Glasgow-based marketing technology platform Triyit Ltd has secured an £850,000 investment, from the Investment Fund for Scotland (IFS), managed by Maven Capital Partners and delivered by the British Business Bank, as part of a £1.1 million funding round.

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Arnold Clark boosts Cyber and Fraud Hub with two-year funding

Published 4 months ago

The Cyber and Fraud Hub, launched earlier this year by the Cyber and Fraud Centre Scotland to support members of the public affected by cyber and fraud crime, has received a substantial donation to support its first two years from Arnold Clark.

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ICO and NCA sign memorandum of understanding on cyber security

Published 5 months ago

The Information Commissioner’s Office (ICO) and the National Crime Agency (NCA) have signed a joint memorandum of understanding (MoU) that sets out how both organisations will cooperate to improve the UK’s cyber resilience.

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UK signs first-ever global treaty on AI

Published 5 months ago

The UK has signed the first-ever international legally binding treaty aimed at ensuring that the use of AI systems is fully consistent with human rights, democracy and the rule of law.

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STV posts £10.6m operating profit during first half

Published 5 months ago

STV Group has announced a strong financial performance for the first half of 2024, with total revenue up 20% to £90.4 million and adjusted operating profit up 33% to £10.6m.

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Edinburgh tech firm acquired by Hybrid Anchor

Published 5 months ago

Web and software development specialist Hybrid Anchor has acquired Edinburgh-based tech support firm Off Canvas in a deal which is expected to create 40 jobs in the next three years.

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Quantuma administrators complete sale of Scots wellbeing streaming service Ashia

Published 5 months ago

Joint administrators Craig Morrison and Brian Milne, managing directors of business advisory firm Quantuma, have facilitated the sale of a streaming service developed by Glasgow-based Frog Systems, for an undisclosed sum.

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SNIB invests £10m in Highland Broadband network to tackle digital inequality

Published 5 months ago

The Scottish National Investment Bank (SNIB) has invested a further £10 million in Highland Broadband.

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Lloyds and Nationwide back Edinburgh fintech’s £11m funding round for AI innovation in finance

Published 6 months ago

Edinburgh-based AI fintech firm Aveni.ai has secured £11 million in Series A funding.

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Clarity needed on UK government’s digital verification proposals

Published 6 months ago

The UK government’s plans for digital verification are unclear as they stand, according to a data protection expert at Thorntons LLP.

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Instagram for the skies secures six-figure investment

Published 6 months ago

Harper Macleod has advised an Ayrshire entrepreneur on a six-figure investment in his astrophotography platform.

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