New UK early stage VC firstminute Capital launched in June last year to the tune of $60m, with European VC Atomico as its first cornerstone investor. They were joined by 30 unicorns founders from Europe and the US. Last September they brought in the huge China-based company, Tencent reaching a fund size of $85m. Today
Next week professional services firm Accenture will be launching a new tool to help its customers identify and fix unfair bias in AI algorithms. The idea is to catch discrimination before it gets baked into models and can cause human damage at scale. The “AI fairness tool”, as it’s being described, is one piece of
Restaurant food delivery startup Deliveroo is opening up Point of Sale (POS) integrations to restaurant partners, via an API and developer portal, after trialling the approach this spring and finding appetite for uptake. The integration is intended to free up front-of-house staff from having to manually input Deliveroo food orders into the restaurant’s sales system.
Fintech startup Revolut likes to announce new things all the time. Even though nothing is going live today, it’s interesting to see where the startup is heading. The company is working on a trading platform for traditional shares without any commission. You’ll find stock from public companies from the U.K. and the U.S., as well
Switchee, an IoT startup based in London, has raised £1.3 million in “pre-Series A” funding for its smart thermostat and accompanying cloud-based service. However, unlike consumer offerings, such as Nest, Hive or Tado, the company’s product is targeting large landlords, initially within the social housing sector. The idea is to help social landlords both tackle
Dockless bike sharing startups — such as Ofo, Mobike and LimeBike — have flooded European cities with rides that can be hired at the tap of an app in recent years. But fierce competition in the urban mobility space is not deterring Uber from peddling into the region, and attempting to put some shine back on
European Union institutions have reached a political agreement over an update to the bloc’s telecoms rules that’s rattled the cages of incumbent telcos. Agreement was secured late yesterday after months of negotiations between the EU parliament and Council, with the former pushing for and securing a price cap on international calls within the bloc —