IMI becomes the latest British engineering firm to be hacked

British engineering company IMI has disclosed a cybersecurity incident just days after rival firm Smiths reported it was targeted by hackers.  IMI, a Birmingham-based firm that designs and manufactures products for industrial automation, transport, and climate control, said in a filing with the London Stock Exchange on Thursday that it is “currently responding to a […]
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Could this startup’s compact nuclear reactors revolutionize cancer detection?

As cancer rates in the West, and globally, tack upwards due to lifestyle and environmental pollution, so does the need for the nuclear isotopes used in detecting those cancers in a medical setting. But with many reactors built in the 70s and the 80s scheduled for shut down, the materials used are becoming rarer and […]
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India’s Zomato to rebrand as Eternal

Indian food delivery group Zomato plans to rename itself as Eternal, a strategic shift as its quick commerce unit Blinkit becomes a significant driver of future growth. The Gurugram-based company, which joined India’s benchmark BSE Sensex in December, said on Tuesday the name change would better reflect its expanding business portfolio that includes quick commerce […]
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Presto is building Stripe for EV charging

Presto is helping connect fleets and charging networks so drivers can find working chargers quickly.
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First lab-grown meat treats go on sale in the UK — for dogs

Cultivated chicken doggie snacks have gone on sale at a U.K. pet food retailer, Pets at Home. The retailer also happens to be a major investor in Meatly, the startup producing the meat ingredient contained in dog food brand The Pack’s Chick Bites, as the slaughter-free, low carbon treats are billed. (Other ingredients in the […]
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Comstruct raises $13.5M to simplify the procurement process for construction firms

When you think about platforms in the construction industry, chances are the concrete slabs designed to support steel beams and tall pillars will come first to your mind. Munich-based startup Comstruct wants to design a different kind of platform for the construction industry — a software platform. At its core, Comstruct is a procurement platform for […]
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Google joins firms dropping diversity recruitment goals

U-turn by former the diversity champion comes as major companies face pressure to drop the policies.

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World leaders set to vie for AI domination at Paris summit

Global politicians and AI bosses will next week attend a summit to debate the disruptive technology.

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Avelios nabs $31M led by Sequoia to fix the ailing world of healthcare IT

The race is on to build a new generation of healthcare software to replace legacy hospital systems that in some cases may not have been updated in decades. A startup out of Munich, Germany called Avelios has ambitions to build a new kind of end-to-end administrative system, leaning into more modern tooling using AI and […]
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European VC firm Emblem raises $85 million for its initial fund

Emblem, a relatively new European VC firm based in Paris, is announcing the final closing of its first fund. Eighteen months after the first closing, the Emblem team managed to secure €80 million in total (around $85 million at current exchange rates). This is no small feat in the current funding environment. According to Atomico’s […]
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