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1 week ago | 
business-live.co.uk | TechCoreena FordChronicle |Coreena FordChronicle |Coreena Ford
Tyneside biotech business Atelerix has struck a deal which will see it break into one of the world's biggest life science markets. Newcastle University spin-out Atelerix is revolutionising how cells are stored and transported, having been formed seven years ago by co-founders Prof Che Connon, Dr Steve Swioklo and Dr Mick McLean to disrupt the cell preservation market.
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2 weeks ago | 
business-live.co.uk | TechCoreena FordChronicle |Coreena FordChronicle |Coreena Ford
A Newcastle biotech business has secured a milestone £1.1m funding boost to ramp up its pioneering work. Nanovery has been developing nanorobots to help detect deadly diseases like cancer sooner since its launch in 2018, when co-founders Dr Jurek Kozyra and Roma Galloway wanted to launch a more efficient diagnostics solution for serious diseases, to bring more regular testing to clinicians and patients.
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3 weeks ago | 
business-live.co.uk | TechCoreena FordChronicle |Coreena FordChronicle |Coreena Ford
Yorkshire connectivity specialist Phlux Technology is poised to create jobs and boost production capacity after sealing a £9m fundraise. The infrared sensor startup, founded in 2020 as a spin-out from the University of Sheffield, has secured the significant sum in a Series A funding round led by BGF, and existing investors Octopus Ventures, Northern Gritstone and Foresight.
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3 weeks ago | 
business-live.co.uk | TechCoreena FordChronicle |Coreena FordChronicle |Coreena Ford
Revenues have risen and losses have narrowed at Yorkshire tech firm Cirata following a transformational year which saw it move “from rescue to recovery”, its CEO has declared.
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3 weeks ago | 
business-live.co.uk | TechCoreena FordChronicle |Coreena FordChronicle |Coreena Ford
Rural broadband provider Quickline is to take its full fibre broadband to thousands more hard-to-reach homes and companies on the back of multimillion-pound funding. The Willerby-based infrastructure specialist is extending its Project Gigabit rollout, resulting in connection for 6,000 additional businesses and homes across Yorkshire and Lincolnshire. The expansion is backed by an additional £11m in public funding, which it said ensures Government investment is directed where it’s needed most.
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4 weeks ago | 
business-live.co.uk | TechCoreena FordChronicle |Coreena FordChronicle |Coreena Ford
A North IT consultancy has snapped up a Cheshire business in an undisclosed deal to boost its suite of services. Communicate, which provides cybersecurity and IT network solutions, has acquired Blaze Networks, a security-focused managed service provider with expertise in advanced networking solutions. The deal marks the fifth acquisition for Communicate, which has its network operations centre in Wynyard, Teesside, and its 24/7 security operations centre in Leeds.
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1 month ago | 
business-live.co.uk | TechCoreena FordChronicle |Coreena FordChronicle |Coreena Ford
A Tyneside safety tech business is set to tap into new AI features on the back of a £1.5m investment boost. Notify Technology was launched in in 2017 by Duncan Davies and Andy Dumbell to help businesses to digitally record information through a platform designed to improve health and safety at work.
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1 month ago | 
business-live.co.uk | TechCoreena FordChronicle |Coreena FordChronicle |Coreena Ford
A Leeds artificial intelligence data business is ramping up growth on the back of its biggest investment to date. The Data City said it will accelerate plans to launch a new global industrial classification system, after securing £2m investment from Oxford Economics. The deal follows a record year of growth for the Leeds AI specialist, having created 10 new senior roles to boost the tech firm’s headcount from 20 to 30.
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1 month ago | 
business-live.co.uk | TechCoreena FordChronicle |Coreena FordChronicle |Coreena Ford
A Tyneside biotech business is set to launch a recruitment drive after doubling the size of its Newcastle base. HistoCyte Laboratories, which develops medical testing products, has grown to a team of 20 staff since first moving to Newcastle’s Quorum Park in 2019. The company has now doubled its floor space within Quorum’s Neon building to help accommodate its growth.
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1 month ago | 
business-live.co.uk | TechCoreena FordChronicle |Coreena FordChronicle |Coreena Ford
North East ecommerce tech business Visualsoft saw profits fall by 68% in a year in which jobs losses were made as a part of a major restructuring. The firm, which has bases in Newcastle and Manchester as well as its Stockton-on-Tees head office, has published accounts for the year ending June 2024, which focus on a year of change following a restructure of its technology team.
