Annie Musgrove

Vivacity Labs tech.eu

Vivacity Labs locks in £5 million to help cities improve traffic patterns and infrastructure

Vivacity Labs, the London-based tech company using artificial intelligence to improve traffic insights and safety, has closed a £5 million Series A round led by Mobeus, with additional backing from Downing Ventures and London Co-Investment Fund.  Vivacity Labs works with government, regional bodies and local councils to re-think and optimise the way traffic and transport […]

mindtrace tech.eu

Manchester-based Mindtrace raises $3 million to grow enterprise AI software

Mindtrace, a Manchester startup building AI software solutions for enterprise, has raised a $3 million investment led by Skylake Capital, with participation from Bloc Ventures and existing investor Mercia Asset Management. Founded in November 2017, Mindtrace’s mission is to deliver ‘brain-inspired’ AI solutions. CEO Hoon Chung says the company’s Brain-Sense™ technology stands out because it […]

Wise tech.eu

Transferwise rebrands to Wise

TransferWise has just announced its rebranding to Wise, as the London-based company continues to scale around the world. Last year the company announced its fourth year of profitability, with a 70 percent rise in revenue and a fast-growing base in Asia Pacific. Originally launched in 2011 as a money transfer service for people, the company […]