Category : Business Innovation


Bristol Flying Taxi Firm Nears Takeoff with $850M Deal

Vertical Aerospace, a Bristol-based electric aircraft developer, has secured an $850 million financing package to advance flight testing, certification, and production of its VX4 'flying taxi', aiming for commercial service by 2028.

Kinewell Wins £1M Investment for Windfarm Tech Growth

Tyneside windfarm software firm Kinewell has secured £1 million in investment, including funds from the North East Accelerate Fund, to create 10 new jobs and expand its AI-powered layout optimization technology for offshore wind projects.

Swansea Medtech Firm Calon Cardio-Technology Liquidated

Swansea-based medical technology company Calon Cardio-Technology is being liquidated, with creditors including the Development Bank of Wales and Swansea Council owed over £5 million. The firm, a spin-out from Swansea University, developed an implantable h

Data Centre Project to Bring Hundreds of Jobs to Fylde

A new multi-million pound data centre development at Peel Park in Blackpool promises significant employment opportunities, with hundreds of construction jobs and permanent high-skilled roles expected to boost the local economy.

NatWest Leadership Team Finalized for Venture Banking

NatWest has announced the completion of its senior leadership team ahead of the April launch of NatWest Venture Banking, a new initiative aimed at supporting UK venture-backed scale-ups with tailored financial services.

Leeds EdTech Firm Expands Globally with Business Boost

FE Tech, a Leeds-based education technology company, is accelerating its global expansion into Asian markets after receiving support from the West Yorkshire Business Boost Export Programme, securing new partnerships and revenue.

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