As Ventureburn will be hosting their first-ever webinar series focusing on Section 12J, they have decided to unpack several success stories of investee companies of Kalon Venture Partners.

It's August, holiday season, things traditionally shut down for August but this year it feels a little different. Many of us are on staycation, some trying to keep the kids occupied after rushing back from Spain and, more latterly, France. Others will be quickly organising a last minute trip to Portugal. Still it should still be a time to play, to think about the past year and recharge the batteries ready for Autumn.

Novosound, the award-winning novel thin-film ultrasound technology company, has appointed Dr Derek Mathieson, former Chief Marketing and Technology Officer for global energy technology business Baker Hughes, as its new chairman. 

Having climbed the career ladder in the world of banking and consulting, working with so many interesting, intelligent and energetic women, Alexandra Tymann and Anna Rauch left their careers to concentrate on climbing a completely different type of ladder altogether.

Funds advised by Hilltop Credit Partners a specialist funding partner for SME residential developers, have completed a £3m loan to build a sustainable residential development in the historic market town of South Molton.

Dataiku, a leading global Enterprise AI and machine learning platform, announced a $100 million Series D investment round led by Stripes, with major investment by Tiger Global Management and participation from existing investors Battery Ventures, CapitalG, Dawn Capital, FirstMark Capital and ICONIQ. The funding comes as Dataiku continues to drive AI within the enterprise, serving over 300 customers who understand that a collaborative and end-to-end AI strategy is critical to their success.

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Infront ASA (INFRNT) today announced its interim results for Q2 2020. Operating revenue was EUR 28.4 million, an increase of 160% from the same quarter last year. The increase reflects the inclusion of vwd Group.

An online game developed by a start-up business in response to the recent Covid-19 lockdown is now being used to train the Artificial Intelligence (AI) component of its new legal contract management system.  ContrAI is a modular, web-first product that uses AI to aid contract management and analysis. The contract processing required to train the ContrAI system was due to enter its second phase from May this year following the initial categorisation process at the end of last year.

According to research¹ released by dental health startup Floe Oral Care, the majority of Brits haven’t been keeping their teeth in good order during lockdown. Only one in eight (12%) have been brushing their teeth twice daily, the recommended routine by dental clinicians, Almost half (44%) have been doing it just once a day and 18% admitted to not brushing their teeth on a daily basis.

The number of professional vacancies in London paying over £40k and over saw a steady increase in July, edging closer to pre-lockdown levels. That’s according to new research from the Association of Professional Staffing Companies (APSCo), the trade association for the recruitment sector.

Funding has increased by a staggering 940% for UK cybersecurity start-ups since the beginning of lockdown - with £496m being raised in the first half of 2020, almost outstripping the 2019 total of £521m.