New measures to secure the long-term success of the UK’s community radio stations have been announced by the government. There are more than 300 community radio stations dedicated to serving small geographic areas and largely run by more than 20,000 volunteers across the UK. Media Minister Stephanie Peacock will table amendments to the Community Radio […]

The Culture, Media and Sport Committee of the UK House of Commons is to hold an evidence session as part of its role to scrutinise the spending, policies and administration of the Department for Culture, Media and Sport. Secretary of State for Culture, Media and Sport Lisa Nandy MP will be making her first appearance […]

Nscale, the hyperscaler engineered for AI, has raised $155 million (€146.4m) in Series A funding to accelerate expansion across Europe and North America. The oversubscribed funding round was led by Sandton Capital Partners, with participation from Kestrel, Bluesky Asset Management,and Florence Capital. Nscale develops sustainable AI-ready data centres, deploys massive-scale GPU infrastructure, and delivers high-performance […]

Freshwave, a UK mobile infrastructure provider, has secured a committed credit facility of up to £100 million (€120.8m) from Guggenheim Investments, on behalf of certain clients, to fund its continuing growth trajectory. Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners. This funding builds on the investment made to date […]

Happydemics, a specialist in brand metrics and ad performance measurement, has announced it has raised €13 million in Series B funding. The private equity round, led by Wille Finance and Adelie Capital, will see the company ramp up its global expansion into the UK and continue its work with marketers looking to get better returns […]

UK Culture Secretary Lisa Nandy has provided an update on the funding of the BBC, setting out how the government will review alternate funding options to secure the broadcaster’s long-term sustainability, while providing it with funding certainty for the remainder of the current Charter period. In a written statement to Parliament, Nandy set out how […]

Airtasker, the online and mobile marketplace for outsourcing tasks, has announced that its US operating company, Airtasker USA, has secured a combined $12 million (€11.4m) in media capital through partnerships with Sinclair Broadcast Group and Mercurius Media Capital. Additionally, Airtasker’s UK operating company has announced that Channel 4 has completed a follow-on investment of £4 […]

Creative technology firms and artists in Merseyside and the West Midlands are in line for a major financial boost, as a £13.5 million (€16.2m) investment in training, research and development funding is announced by the Culture Secretary to boost economic growth and job opportunities. Liverpool City Region’s MusicFutures cluster will benefit from £6.75 million to […]

BIMM Music Institute (part of BIMM University), a creative arts educator with campuses across the UK, Ireland, and Germany. It is spearheading an initiative to integrate Artificial Intelligence (AI) into music education. Backed by almost £1 million (€1.2m) in funding from Innovate UK’s Bridge AI Grant, BIMM is partnering with six global AI innovators to […]

The North East’s reputation for space research and innovation has been recognised with the announcement of £2.5 million (€3m) from the Engineering and Physical Sciences Research Council (EPSRC). The funding has been awarded to a consortium of academic, civic and industry partners who together will form the North East Space Communications Accelerator (NESCA), which is […]