Fusion Breakthrough, Tech Awards, Charity Ride & Investments

The Business Magazine Newscast

These are the top stories making the headlines across The Business Magazine website today:

Winners revealed at 2024 South Coast Tech & Innovation Awards

At the 2024 South Coast Tech & Innovation Awards, a record number of technology companies were honored, with judges praising the high quality of finalists from both start-ups and established industry players, according to Richard Thompson, Chief Executive of the event's organizer, The Business Magazine.

Full story here: https://thebusinessmagazine.co.uk/companies/winners-revealed-at-2024-south-coast-tech-innovation-awards/

First light Fusion reports experimental success at France facility

Oxford-based First Light Fusion announced experimental success at the European Synchrotron Radiation Facility in France, advancing its efforts towards commercial fusion by studying shock wave formation and transit in collaboration with the University of Oxford's engineering science department.

Full story here: https://thebusinessmagazine.co.uk/companies/first-light-fusion-reports-experimental-success-at-france-facility/

Midlands annual charity bike ride marks fundraising milestone

The Midlands annual charity bike ride, Starley Sportive, organized by The Deeley Group and Coventry Road Club, has surpassed £70,000 in total fundraising over 11 years, with this year's proceeds benefitting Zoe’s Place, University Hospital Coventry and Warwickshire, and Warwickshire and Solihull Blood Bikes.

Full story here: https://thebusinessmagazine.co.uk/companies/midlands-annual-charity-bike-ride-marks-fundraising-milestone/

Medical textiles group Revolution-ZERO secures £1m investment

West country-based Revolution-ZERO, a BCorp certified medical textiles solutions provider founded in 2020, has secured a £1 million investment from the South West Investment Fund through The FSE Group to accelerate its growth and strengthen its environmentally sustainable supply chain for the NHS.

Full story here: https://thebusinessmagazine.co.uk/companies/medical-textiles-group-revolution-zero-secures-1m-investment/

ThinCats moves HQ to expanded offices in Birmingham

ThinCats, the alternative lender, has relocated its headquarters to expanded offices in Snow Hill, Birmingham, accommodating over 20 staff from various departments following the introduction of a dedicated £100 million Midlands growth fund.

Full story here: https://thebusinessmagazine.co.uk/companies/thincats-moves-hq-to-expanded-offices-in-birmingham/