Newcastle & Tyneside Business & Tech News
Business, technology and start-up news from Newcastle, Gateshead, North Tyneside and across Tyneside.
TECHFastest 50Nine Software Is the Tech Standout in This Year’s Fastest 50The Newcastle firm ranked 11th with average growth of 45.92%, ahead of every other pure software business on Ward Hadaway’s list.
FOUNDERSStart-upsNewcastle AI Search Start-Up Citations.io Prepares for Its First RaiseFounded by former agency boss Josh Tulip, the bootstrapped platform tracks how brands appear in answers from ChatGPT, Gemini, Claude and Perplexity.
BUSINESSHealthcareNine Consultant Urologists Team Up to Open Private Clinic at Team ValleyForbury Newcastle opens at The Beverley Hospital as almost 370,000 people in England wait for NHS urology treatment.
BUSINESSProfessional servicesSquare One Law Marks 15 Years With an Eye on Further Growth in YorkshireMore than 300 people joined the B Corp law firm at BALTIC in Gateshead to celebrate its anniversary.
DEALSAcquisitionGosforth’s SmartCarbon Acquired by Private Equity Firm TVI GroupThe carbon reporting business, founded in 2016, works with clients including Greggs, Durham University and Newcastle City Council.
TECHHealth techHow Gnosis Health’s MAXine Is Using AI to Help People Living With Parkinson’sThe Newcastle University spinout’s app now has more than 1,000 users across England, giving clinicians a richer picture between appointments.
FOUNDERSFintechAtom Bank Co-Founder Mark Mullen Steps Down as Chief ExecutiveChief financial officer Andrew Marshall will lead the Newcastle-based digital bank on an interim basis while a permanent successor is found.
TECHSpaceLockheed Martin Signs Long-Term Research Agreement With Northumbria UniversityThe deal builds on a £15m commitment to the North East Space Skills and Technology Centre and covers optical communications, energy and space weather.
TECHData and AIProfessor Paul Watson to Step Down as Director of the National Innovation Centre for DataUnder his leadership, the Newcastle centre has delivered more than 180 collaborative projects helping organisations get value from their data.
FOUNDERSFintechNoggin HQ Raises £2.3m and Becomes an Authorised Credit Reference AgencyFounded by childhood friends Eva Atkinson and Laura Mills, the Ouseburn fintech uses banking data to give lenders a clearer picture of affordability.
FOUNDERSProptechiamproperty Revenue Rises 20% to £61.2m as Team Grows to 750Founded by Ben Ridgway and Jamie Cooke in 2009, the Newcastle proptech now works with more than 7,000 estate agency branches.
DEALSEducationOnline Tutoring Firm National Learning Group Lands Seven-Figure InvestmentThe North East Elevate Fund backing will pay for proprietary software and a new alternative provision centre for children outside mainstream school.
FOUNDERSSoftwareFormer hedgehog lab Bosses Sarat Pediredla and Alan Morris Launch LevelFiveThe pair believe AI has created a smartphone-scale shift in software, letting small, experienced teams build products faster and more cheaply.
SPINOUTSHealth techNewcastle and Dublin Spinout Enoda Launches Patient Mobility Data PlatformBuilt on the €50m Mobilise-D research project, Enoda measures how patients move in everyday life to improve clinical trials.
ANALYSISEcosystemNewcastle Slips to 182nd in Global Start-Up RankingsThe city has fallen ten places in two years on the StartupBlink index, as national tech lists continue to overlook the North East.
TECHUniversitiesNewcastle University Launches Newcastle Innovations to Open Its Doors to BusinessThe new platform brings the university’s research, facilities, partnerships and spinout investment under one brand.
TECHInfrastructureNexus Completes £8.8m Digital Upgrade of the Metro Control RoomA new SCADA system lets engineers spot faults in power, lifts, lighting and tunnel pumps faster, before they affect passengers.
BUSINESSLeadershiphedgehog lab Names Malcolm Seagrave Chief Executive and Targets £50mThe former BJSS and AND Digital executive succeeds founder Sarat Pediredla after turnover rose 30% last year.
BUSINESSGovtechScrumconnect to Create 70 Jobs After Winning £38.8m HMRC ContractThe digital transformation firm will provide testing and quality assurance across HMRC’s digital estate for five years.
FOUNDERSHealth techWalker-Born Founder Jack Parker’s AIATELLA Cuts Heart Scan Analysis to Under Three MinutesThe Northumbria graduate started the business after his father had a heart attack while waiting for a scan to be read.
FOUNDERSAnimal health19-Year-Old Newcastle Student Henrietta Newble Raises £40k for Animal Health Start-UpAnFiTest provides rapid diagnostics for vets to help prevent major nutrition-based diseases in animals, and is now raising a further £80,000.
DEALSWater techLeak-Detection Firm Origin Tech Secures Multi-Million-Pound BGF InvestmentFounded by Phil Surtees and John Marsden in 2019, the Newcastle business has repaired more than 10,000 leaks and saved over three billion litres of water.
DEALSAcquisitionBGF-Backed SaleCycle Acquires French Personalisation Firm BEYABLEThe combined platform will help ecommerce brands convert anonymous visitors, with up to 90% of online traffic still unidentified.
FOUNDERSLeadershipSarat Pediredla Steps Down as hedgehog lab Chief Executive After Almost 19 YearsThe founder of the Newcastle digital consultancy leaves after the business acquired Edinburgh’s Label Sessions and took on investment from Maven and BGF.
FOUNDERSLegal AILegal AI Start-Up AttiFin Moves to Newcastle With £5m Seed FundingFounded by Shilpa Kaluti and backed by Scrumconnect’s founders, the company plans 25 developer jobs ahead of its launch.
DEALSIT servicesGateshead’s Aspire Technology Solutions Secures £200m LDC BackingSince LDC first invested in 2022, Aspire’s revenue is up 158% and its headcount has grown 55%.
FOUNDERSSafety techNotify Launches AI Tool for Workplace Accident InvestigationsFounded by Duncan Davies and Andy Dumbell, the Newcastle safety software firm counts McDonald’s, Siemens Mobility and the NHS among its clients.
DEALSMartechNorth Tyneside’s Shoptimised Secures ‘Significant’ LDC InvestmentThe 40-strong ecommerce software firm, founded in 2018, helps brands sell more by improving how their products are listed and advertised.
TECHSubseaSMD Opens £3m Tech Works Innovation Facility on the TyneThe subsea technology company has passed 300 staff and is targeting £150m of turnover by 2030.
BUSINESSFintechAtom Bank Moves 600 Staff Into New Newcastle Headquarters at the Pattern ShopThe app-based bank has relocated from Durham to the historic building in Newcastle, creating 30 new roles.
FOUNDERSStart-upsNewcastle AI Search Start-Up Citations.io Prepares for Its First RaiseFounded by former agency boss Josh Tulip, the bootstrapped platform tracks how brands appear in answers from ChatGPT, Gemini, Claude and Perplexity.BUSINESSHealthcareNine Consultant Urologists Team Up to Open Private Clinic at Team ValleyForbury Newcastle opens at The Beverley Hospital as almost 370,000 people in England wait for NHS urology treatment.BUSINESSProfessional servicesSquare One Law Marks 15 Years With an Eye on Further Growth in YorkshireMore than 300 people joined the B Corp law firm at BALTIC in Gateshead to celebrate its anniversary.DEALSAcquisitionGosforth’s SmartCarbon Acquired by Private Equity Firm TVI GroupThe carbon reporting business, founded in 2016, works with clients including Greggs, Durham University and Newcastle City Council.TECHHealth techHow Gnosis Health’s MAXine Is Using AI to Help People Living With Parkinson’sThe Newcastle University spinout’s app now has more than 1,000 users across England, giving clinicians a richer picture between appointments.FOUNDERSFintechAtom Bank Co-Founder Mark Mullen Steps Down as Chief ExecutiveChief financial officer Andrew Marshall will lead the Newcastle-based digital bank on an interim basis while a permanent successor is found.TECHSpaceLockheed Martin Signs Long-Term Research Agreement With Northumbria UniversityThe deal builds on a £15m commitment to the North East Space Skills and Technology Centre and covers optical communications, energy and space weather.TECHData and AIProfessor Paul Watson to Step Down as Director of the National Innovation Centre for DataUnder his leadership, the Newcastle centre has delivered more than 180 collaborative projects helping organisations get value from their data.FOUNDERSFintechNoggin HQ Raises £2.3m and Becomes an Authorised Credit Reference AgencyFounded by childhood friends Eva Atkinson and Laura Mills, the Ouseburn fintech uses banking data to give lenders a clearer picture of affordability.FOUNDERSProptechiamproperty Revenue Rises 20% to £61.2m as Team Grows to 750Founded by Ben Ridgway and Jamie Cooke in 2009, the Newcastle proptech now works with more than 7,000 estate agency branches.DEALSEducationOnline Tutoring Firm National Learning Group Lands Seven-Figure InvestmentThe North East Elevate Fund backing will pay for proprietary software and a new alternative provision centre for children outside mainstream school.FOUNDERSSoftwareFormer hedgehog lab Bosses Sarat Pediredla and Alan Morris Launch LevelFiveThe pair believe AI has created a smartphone-scale shift in software, letting small, experienced teams build products faster and more cheaply.SPINOUTSHealth techNewcastle and Dublin Spinout Enoda Launches Patient Mobility Data PlatformBuilt on the €50m Mobilise-D research project, Enoda measures how patients move in everyday life to improve clinical trials.ANALYSISEcosystemNewcastle Slips to 182nd in Global Start-Up RankingsThe city has fallen ten places in two years on the StartupBlink index, as national tech lists continue to overlook the North East.TECHUniversitiesNewcastle University Launches Newcastle Innovations to Open Its Doors to BusinessThe new platform brings the university’s research, facilities, partnerships and spinout investment under one brand.TECHInfrastructureNexus Completes £8.8m Digital Upgrade of the Metro Control RoomA new SCADA system lets engineers spot faults in power, lifts, lighting and tunnel pumps faster, before they affect passengers.BUSINESSLeadershiphedgehog lab Names Malcolm Seagrave Chief Executive and Targets £50mThe former BJSS and AND Digital executive succeeds founder Sarat Pediredla after turnover rose 30% last year.BUSINESSGovtechScrumconnect to Create 70 Jobs After Winning £38.8m HMRC ContractThe digital transformation firm will provide testing and quality assurance across HMRC’s digital estate for five years.FOUNDERSHealth techWalker-Born Founder Jack Parker’s AIATELLA Cuts Heart Scan Analysis to Under Three MinutesThe Northumbria graduate started the business after his father had a heart attack while waiting for a scan to be read.FOUNDERSAnimal health19-Year-Old Newcastle Student Henrietta Newble Raises £40k for Animal Health Start-UpAnFiTest provides rapid diagnostics for vets to help prevent major nutrition-based diseases in animals, and is now raising a further £80,000.DEALSWater techLeak-Detection Firm Origin Tech Secures Multi-Million-Pound BGF InvestmentFounded by Phil Surtees and John Marsden in 2019, the Newcastle business has repaired more than 10,000 leaks and saved over three billion litres of water.DEALSAcquisitionBGF-Backed SaleCycle Acquires French Personalisation Firm BEYABLEThe combined platform will help ecommerce brands convert anonymous visitors, with up to 90% of online traffic still unidentified.FOUNDERSLeadershipSarat Pediredla Steps Down as hedgehog lab Chief Executive After Almost 19 YearsThe founder of the Newcastle digital consultancy leaves after the business acquired Edinburgh’s Label Sessions and took on investment from Maven and BGF.FOUNDERSLegal AILegal AI Start-Up AttiFin Moves to Newcastle With £5m Seed FundingFounded by Shilpa Kaluti and backed by Scrumconnect’s founders, the company plans 25 developer jobs ahead of its launch.DEALSIT servicesGateshead’s Aspire Technology Solutions Secures £200m LDC BackingSince LDC first invested in 2022, Aspire’s revenue is up 158% and its headcount has grown 55%.FOUNDERSSafety techNotify Launches AI Tool for Workplace Accident InvestigationsFounded by Duncan Davies and Andy Dumbell, the Newcastle safety software firm counts McDonald’s, Siemens Mobility and the NHS among its clients.DEALSMartechNorth Tyneside’s Shoptimised Secures ‘Significant’ LDC InvestmentThe 40-strong ecommerce software firm, founded in 2018, helps brands sell more by improving how their products are listed and advertised.TECHSubseaSMD Opens £3m Tech Works Innovation Facility on the TyneThe subsea technology company has passed 300 staff and is targeting £150m of turnover by 2030.BUSINESSFintechAtom Bank Moves 600 Staff Into New Newcastle Headquarters at the Pattern ShopThe app-based bank has relocated from Durham to the historic building in Newcastle, creating 30 new roles.