Where does Scotland stand in the global AI race?
Welcome to the latest edition of the DIGIT Tech News Roundup.??
In this week’s newsletter, we will cover some of our top-trending tech news stories, features and op-eds from the week beginning 29th August.?
Fintech Summit 2022?
Our next conference is the Fintech Summit, held live and in-person at Edinburgh’s Dynamic Earth on 15th September.??
Now in its ninth year, the Fintech Summit is Scotland’s largest annual gathering for financial technology professionals, providing an opportunity to reconnect with industry peers, build new relationships and explore the latest developments across the sector.??
To secure your free place at the Summit, please visit: www.fintech-summit.co.uk??
DIGIT’s top-trending stories?
Maritime tech firm raises ￡2.2m??
Aberdeen-based tech startup RAB-Microfluidics has raised ￡2.2 million after a successful funding round led by Part Equity.??
The investment marks the second cash injection for the firm in two years after a ￡1.25m raise in January 2021.??
RAB-Microfluidics says it plans to increase headcount and move to larger premises at Aberdeen’s Energy Development centre to accelerate manufacturing of its flagship “lab on a chip” product.?
DataVita plans expansion to Fortis data centre?
DataVita has announced plans to expand the capacity of its flagship Fortis data centre.?
The multi-cloud services provider has invested ￡8 million to add an extra 400 racks to the data centre, taking it up to 1,500 sq. m. of technical space. Long-term, the firm said the expansion opens up the opportunity provide a further 3,000 sq. m. at the facility.?
Combined with plans to deliver Scotland’s first metro data centre in Glasgow, the expansion means DataVita will provide an additional 550 racks of capacity in the Central Belt.?
Read more.??
Startups chosen for extended pitches at EIE22?
Nine startups have been selected for extended pitches at the EIE conference next month.?
The selected startups are CyberShell, Continulus, FC Labs, InFix, Lenz Labs, Microplate Dx, Pogo Studio, SMASH, and Hoolr.?
Participating companies seek to raise between ￡500,000 and ￡3m in investment. The remaining 28 firms in this year’s EIE cohort will also make shorter pitches on the day.?
Read more.??
Kick ICT marks eighth deal in seven years with Consilium acquisition??
IT services provider Kick ICT Group Ltd has acquired Consilium UK for an undisclosed sum.?
The deal marks the eighth in seven years for Kick ICT, and comes as the firm expands its services to customers across the UK.?
Kick ICT said the acquisition has resulted in an expanded and enhanced technical division within the group, extending the portfolio of IT products, services and support provided to both the SME and Enterprise markets.?
Read more.??
Check Point CISO appointed to National Cyber Resilience Advisory Board?
Check Point has announced that Deryck Mitchelson , Field CISO EMEA at Check Point, has become a member of Scotland’s National Cyber Resilience Advisory Board (NCRAB).?
Mitchelson boasts more than 30 years of experience in the cybersecurity industry and has been recognised as one of the UK’s most influential CISOs. Prior to his role at Check Point, Mitchelson served as National Digital and Chief Information Security Officer for NHS Scotland.??
Joining the advisory board, Mitchelson will work alongside leaders and influencers from across the private, public and third sectors to provide strategic advice to support Scottish Ministers and the Scottish Government.?
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Read more.??
FinTech Scotland achieves top cluster excellence accreditation?
FinTech Scotland has been recognised as one of Europe’s leading fintech cluster management organisations.??
The award of a Cluster Excellence accreditation, which is the highest level achieved by a fintech body, comes at a time when economic clusters are growing in importance and acting as a key driver of innovation.??
The globally recognised European Secretariat for Cluster Accreditation (ESCA) confirmed the excellence award for FinTech Scotland following an in-depth audit of the organisation’s progress and delivery record since the bronze level award was achieved in January 2020.?
Read more.??
Trojan Energy to spearhead roll-out of new EV charging points?
Trojan Energy has secured a ￡4.65-million contract to install electric vehicle charging points across London.??
The Aberdeen-based firm will install over 500 charging points in Barnet following the deal.??
The firm’s ‘flat and flush’ charge points?will be located across 34 of Barnet’s streets and will be operational in phases by November 2022 and March 2023.?
Read more.??
Check out our latest long reads?
Pufferfish targets ￡600k fundraise?
Edinburgh-based spherical display company Pufferfish is seeking fresh investment, the company’s recently appointed CEO Elaine Van Der Berg told DIGIT.?
With a target of ￡600,000, the new funding will help the company on the next stage of its growth.?
Read more.??
How employees are shaping the future of work?
Magnus Falk , CIO Advisor at Zoom, talks about how employees are shaping the future of work, introducing new initiatives such as asynchronous work, meeting-free days and the four-day week.?
Read more.??
Scottish Financial Technology Awards: Meet the Finalists?
DIGIT has announced the finalists for the second annual Scottish Financial Technology Awards.?
Held live at the Sheraton Grand Hotel in Edinburgh on Thursday 6th October, the ceremony marks the closing event of the 2022 Scotland Fintech Festival.?
Where does Scotland sit on the global AI stage??
Mark Byrne , Head of Applied Intelligence at Accenture spoke with DIGIT’s David Paul to discuss AI maturity, regulation and Scotland’s place in the global AI revolution.??
Read more.??
DIGIT Events | Join us in-person!?
We understand the last two years has introduced new ways of working and coming back to in-person events may need a little more time to plan.?
So, we’ve released our full event calendar for 2022 to help you plan around work and other commitments to ensure you can join us.?