Technology
Fusion Antibodies raises £1.38m as it seeks new customers
Pre-clinical antibody specialist Fusion Antibodies announced a conditional fundraising of £1. 38m before expenses on Wednesday, to help it target mo re industry conferences and customers and generate further supporting data.
Agronomics reports fall in net assets in first half
Agronomics reported a net asset value per share of 16. 9p in its unaudited interim results on Wednesday, representing a slight decrease from the prior period.
Cordel inks more permanent contract for HS1 data
Cordel Group announced on Tuesday that it had initiated data-as-a-service monitoring for Network Rail High Speed.
Saietta shares plunge as it sells Sunderland production line
Shares in electric vehicle drivetrain technology company Saietta more than halved on Tuesday, after it announced the sale of a production line in Sunderland following its failure to secure a commercial agreement.
ValiRx inks deal with Dundee Drug Discovery Unit
ValiRx announced the signing of a significant agreement with the University of Dundee and its Drug Discovery Unit (DDU) on Monday.
CyanConnode secures letter of award from JST Grouip
Radiofrequency mesh network specialist CyanConnode announced on Monday that it had secured a significant letter of award from its partner, the JST Group (JST).
Schroders Capital GIT joins Neurona Therapeutics funding round
Schroders Capital Global Innovation Trust announced an investment of $1. 6m (£1. 3m) in Neurona Therapeutics, a prominent US-based clinical-stage cell therapy company, on Friday.
Intelligent Ultrasound unveils portable 'NeedleTrainer Plus'
Intelligent Ultrasound announced a new product on Friday, the portable ‘NeedleTrainer Plus’ ultrasound-guided needling training simulator, catering to the demands of military field-based hospitals and clinical networks in remote areas.
Symphony confident despite court ruling on oxo-degradable plastics
Symphony Environmental Technologies updated the market on Friday on the judgement of the General Court of the European Union, delivered on 31 January, around an EU directive prohibiting oxo-degradable products that do not properly biodegrade.
Ethernity appoints new VP of marketing and business development
Data processing technology specialist Ethernity Networks announced the appointment of Ilan Tevet as its new vice-president of marketing and business development on Friday.
Hardide narrows losses, flags plans to raise further funds
Surface coating specialist Hardide reported a 10% improvement in revenue in its preliminary results on Thursday, to a record £5. 5m, driven by robust demand in the oil and gas sector, expanded aerospace work in the fourth quarter, and successful cost inflation recovery through selling prices.
XLMedia ends somewhat slower year as expected
Digital media company XLMedia said in a trading update on Thursday that it anticipated meeting market expectations with revenue and adjusted EBITDA for 2023.
Seeing Machines underlying revenue rises 28pc
Driver monitoring technology company Seeing Machines reported an underlying revenue growth rate of 28% for the first half on Thursday, amounting to $25. 6m, excluding one-off Magna exclusivity payments.
Uber manages to beat fourth-quarter revenue forecasts
Ride-hailing and food delivery behemoth Uber Technologies reported a 15% improvement in fourth-quarter revenue on Wednesday, to $9. 9bn, beating market expectations for revenue of $9. 8bn.
Tern's Device Authority raises an extra $2m
Early-stage technology investor Tern announced the completion of an additional second closing of tranche one series B funding by Device Authority on Wednesday, in which it held a 35. 7% shareholding.
Sabien gas-saving tech installed at Hampton Court Palace
Sabien Technology Group announced the installation of its M2G Cloud Connect system at Hampton Court Palace on Wednesday.
Biome Technologies full-year revenue meets expectations
Bioplastics and radiofrequency company Biome Technologies said in an update on Tuesday that it recorded total revenue of £7m for 2023, meeting market expectations and marking a 13% increase over the prior year's outturn of £6. 2m.
PCI-PAL ends first half as expected
Business communications and cloud payment specialist PCI-PAL said in an update on Tuesday that revenue in its first half met management expectations, increasing 20% year-on-year to £8. 7m.
Novacyt confirms end of Yourgene Taiwan disposal discussions
Novacyt announced on Tuesday that it had received formal notification from INEX Innovate terminating discussions around the acquisition of Yourgene Health Taiwan.
Novartis to take over MorphoSys in EUR 2.7bn deal, shares jump
Shares in German oncology biopharmaceutical specialist MorphoSys were surging on Tuesday morning, after Swiss pharma giant Novartis announced a deal to acquire it overnight.