Cardiff-based AI firm launches crowdfunding campaign to raise £500,000

Cardiff-based artificial intelligence company We Build Bots has launched a crowdfunding campaign on Seedrs in a bid to raise £500,000. Founded in August 2017, it’s gone on to achieve a valuation of £2 million. The tech firm, which develops customer service chatbots, has already raised 50 per cent of its funding goal. The company’s flagship...

Network systems firm raises £500,000

Comtek, a network systems company based in North Wales, has raised £500,000 in its latest funding round to develop a string of new technology products. After receiving financial support from the Development Bank of Wales, the firm said it’s planning to invest funds into creating a new line of fibre-optic transmission technologies. The firm, which...

Welsh tech entrepreneur scales three peaks to save local school

Technology entrepreneur Brian Stokes and professional boxer Geraint Goodridge recently completed the Three Welsh Peaks Challenge to save a local school. Brian, founder and managing director of tech support firm ITCS, decided to team up with the sports star when he heard that his local school was going through financial struggles. Having been long-term friends, Brian...

Welsh techies launch events listing website

A team of technologists based in Cardiff have launched a new website to promote technology meet-ups and events taking place across South Wales. Called TechEvents.Wales, the site is the brainchild of IT recruitment agency Computer Recruiter and is aimed at connecting South Wales’s 40,000 strong tech community. Now available to access, it provides local tech enthusiasts...

Paperclip secures £500,000 in latest funding round

Paperclip, an e-commerce software company based in Cardiff, has raised more than £500,000 in a funding round led by the Development Bank of Wales. The firm, which has created an online marketplace, has also received additional funding from GoCompare founder Hayley Parsons and former Financial Times CFO Tim Ward. This is the third time that...

Government unveils plans to expand superfast broadband across Wales

A string of new measures have been outlined by the Welsh Government to expand the rollout of “fast and reliable” broadband technology across Wales. Speaking last week, technology minister Julie James confirmed that the government is looking to plough more money into efforts to improve broadband connectivity in Wales. Launched in 2013, Superfast Cymru is...

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