Infinium Logistics recently bolstered its electric vehicle (EV) charging real estate fund, FleetHubs, by injecting £40 million (€46 million) into the acquisition of three strategic sites across the United Kingdom. Managed in partnership with GreenPoint Partners, this move significantly expands the fund’s capital allocation, which now exceeds £70 million. Infinium, responsible for the development and […]

Discover a new Leadership & Management program supported by Made Smarter, offering 50% funding. Sheffield Business School, in collaboration with Made Smarter, is pioneering leadership & management training for SME manufacturers in Yorkshire & Humber. As part of the £4.9m Made Smarter Yorkshire & Humber Digital Adoption Programme, this comprehensive training blends online and face-to-face […]

A US-based tech firm is making a significant move by establishing its UK headquarters in Portland House’s contemporary offices situated in the heart of Newcastle city centre. Ezoic UK Ltd, the UK subsidiary of the California-based Ezoic Group, is the latest organisation to choose Portland House as its new base. This prominent building was previously home […]

Wootzano, a robotics innovator based in County Durham, showcased its cutting-edge technology alongside some of the world’s most dynamic startups at this year’s TechCrunch Startup Battlefield 200 event in San Francisco, California. The company was one of just 200 international startups invited to participate. Wootzano’s highly agile robotic system, designed to revolutionise food packing within the […]

Japanese car manufacturer Nissan is set to ignore Prime Minister Rishi Sunak’s attempts to postpone the transition to electric vehicles. In a bold move, Nissan has announced that all of its new cars sold in Europe will be electric by the year 2030. Nissan has made substantial investments, amounting to hundreds of millions, to significantly increase […]

The University of Leicester is celebrating having doubled the amount received compared to the previous year. For the most recent fiscal year, it secured a total of £103 million in research awards. This marks a significant milestone as it’s the first time Leicester has exceeded the £100 million threshold for award funding and coincides with the […]

Efforts are currently in progress to establish the North East as a national centre for cutting-edge defence technologies, all thanks to the inception of a new cluster organisation. Named the North East Regional Defence and Security Cluster (NERDSC), this initiative has garnered support from recent industry investors in the region. Notable contributors include the Italian […]

A new spinout company from Newcastle University is targeting multibillion-dollar markets for research and therapy, with help from seed investment from three North East investment funds joining forces with a biotech industry specialist to support the spinout company. Maven Capital Partners, CPI Enterprises, Northstar Ventures and TCS Biosciences have together provided MarraBio with an initial, undisclosed […]

Go Geothermal Ltd and Apexon have respectively selected Newton Aycliffe and Sunderland as the sites for their new facilities. Apexon, a digital-first technology services company that is headquartered in California, USA and specialises in delivering technology services that accelerate business transformation, has opened a new facility in Sunderland to help it meet growing demand. While in County […]

C-Capture, a Leeds company that develops chemical processes for carbon dioxide removal, is in the process of securing £10 million in its latest funding round. Northern Gritstone, a new investment company founded by the Universities of Leeds, Manchester and Sheffield is set to join existing investors, including bp Ventures, Drax and Kiko Ventures, in this potential […]

The Global Underwater Hub (GUH), which represents the thriving £8 billion underwater industry in the UK, has opened a new regional office in Newcastle upon Tyne. This strategic move signifies the next step in GUH’s mission to bolster the growth of this diverse, world-leading sector and the broader blue economy. With financial support from the […]

A ransomware attack on Digital ID, a Stockport-based supplier of identity and access cards, has resulted in data breaches affecting Greater Manchester Police (GMP) and London’s Metropolitan Police forces. The firm in Stockport, which makes ID cards, holds information on various UK organisations including some of the staff employed by Greater Manchester Police (GMP). Compromised data affected includes personal information […]

Managed IT support firm, Bondgate IT, headquartered in Darlington, is celebrating its position as the leading IT provider in the North East. The recognition comes from Channel Futures MSP 501, which has for the past 17 years been the world’s foremost ranking and directory of service and technology providers. The MSP 501 assesses organisational performance […]

Prominent managed service provider, Auxilion, has opened a Center of Excellence in Sheffield. Part of its ongoing investment initiatives to further enhance its presence in the UK market, the company has invested £4 million into the creation of the Managed Services Centre of Excellence, which represents a substantial portion of the £15 million-plus budget that […]

Yodel is creating over 2,000 jobs across its business as it prepares for what is expected to be a busy peak season for the industry this Christmas. The Liverpool-headquartered business said the roles are available across its 50 locations nationwide. Yodel added that demand for parcel delivery services has continued to grow during 2023 following […]