UK start-up Vertical Aerospace has announced plans to launch a new inter-city “flying taxi” service, signalling increasing competition in the short-haul, inter-city flight market. Relying on cutting edge technology Vertical Aerospace will build on lessons from F1 racing to build its first eVTOL (electric Vertical Take Off and Landing) aircraft. Founded...
Andrew Vasylyk, cofounder of StartupSoft, analysed thousands of founders and investors to understand the importance of experience in entrepreneurship   If you’re a founder, you probably hate raising capital. Not because you don’t want money, but because fundraising can feel like passing kidney stones… for a few months. If you’re a founder,...
Rising demand for energy storage solutions worldwide is set to drive the hydrogen market to a value of US$2.5 trillion by 2050, according to new research from industry body The Hydrogen Council. The new report from the industry association suggests the fuel will “become instrumental” in meeting greenhouse gas emission...
Technology developer Highview Power has launched the world’s first liquid air energy storage plant opens near Manchester in the UK, potentially carving a new alterantive to the multi-billion dollar lithium ion (li-ion) battery sector for global energy storage. The pioneering liquid air energy storage (LAES) plant in Pilsworth will act as...
The unique combination of anonymity and traceability that Bitcoin offers for financial transactions is the main driver for growth, according to new research from The Association of Financial Analysts. Around a third of respondents backed these twin factors as the biggest driver for growth. Bitcoin has become the most prominent...
Music streaming giant Spotify has beat early targets with two upward revisions to its indicated opening price, raising its price per share from US4132 suggested yesterday to a range of US$160 - US$165 per share ahead of the first day of trading on the New York Stock Exchange. Following two...
Technology developer Jupiter Diagnostics has received the Best Start-Up Business Award from Camden Council, London. The medical diagnostic start-up launched at the London Bio-Science Innovation Centre in Camden in 2016 and is in the process of launching a world-first portable blood-testing system. The Calisto portable reader is capable of producing multiple...
Traders seeking arbitrage opportunities in cryptocurrency markets could be set to drive the next wave of growth in the sector as they seek to capitalize on growing disparities between exchanges. The process of buying and selling the same commodity on different exchanges to take advantage of price differentials is a...
Bank of China is reportedly making plans to implement cryptocurrency XRP, developed by FinTech firm Ripple, for international payments. The state-owned bank is of China's "Big Four" state-owned commercial banks and fifth largest in the world by total assets and if implemented, the unconfirmed plans would signal strong support for...
The price of gold has reached a four month record - reaching US$1,333.10 a troy ounce - as the US dollar dropped The price rose for the third session in a row, with spot gold climbing to US$1,332.52 per troy ounce. "There is a lot of doubt on how long prices...