Cardiff tech firm develops solution for generation rent
by Nicholas Fearn , November 19
University Cribs, a Cardiff-based property rental platform, is rebranding to accommodate the student, graduate and young professional market. The start-up has taken the strategic move to rebrand as Reesoma.com in a bid to become the accommodation booking platform for 18-30-year-olds looking for short to medium-term housing. Reesoma comes from “residence” and “room”, capturing the firm’s mission...
Read More >Sure Chill picks up top innovation award
by Nicholas Fearn , November 16
Sure Chill, a medtech start-up based in Cardiff, has won the UK Eagle Innovation category at the annual Barclays High-Growth and Entrepreneur Awards. The awards celebrate entrepreneurs’ success, leadership and positive impact on society. SureChill was recognised for its patented cooling technology, which is approved by the World Health Organization. Founded in 2009, Sure Chill’s...
Read More >£15 million supercomputing programme for Wales unveiled
by Nicholas Fearn , November 15
A £15 million programme to establish Wales as a world leader in supercomputing and big data technologies has been unveiled. Supercomputing Wales, led by Cardiff University in partnership with Aberystwyth University, Bangor University and Swansea University, will deliver data analytics to researchers and industrial partners across the nation. The project is being funded by £9 million...
Read More >Newport software firm raises £3 million
by Nicholas Fearn , November 14
Newport-based software firm W2 has raised £3 million in a Series A round led by Mercia Technologies and the Development Bank of Wales. This builds on a year of rapid growth for the company, with it acquiring new clients, expanding its team and growing momentum in markets such as emerging payments, betting and gaming. W2 plans...
Read More >Welsh start-up closes £10 million funding round
by Nicholas Fearn , November 13
Customer experience technology provider Vizolution has closed a £10 million investment round backed by three of the world’s largest banks. The Swansea-based company has secured funding from Santander Consumer Finance, the Royal Bank of Scotland and HSBC, all of which are existing Vizolution clients. Working across the financial services, insurance, energy and telecoms sectors, Vizolution streamlines...
Read More >Fast-growing Welsh tech firm opens London office
by Nicholas Fearn , November 12
Welsh technology company DevOpsGroup has opened an office in London to accelerate its ambitious growth plans. The Cardiff-headquartered business, which specialises in DevOps and cloud engineering, has made Rise London the newest addition to its UK locations. Located in the heart of Shoreditch, it’s home a thriving community of FinTech companies and the Barclays Accelerator. DevOpsGroup...
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