London-based Orbital Industries Secures €43 Million Series B to Scale AI-Driven Industrial Hardware

Orbital Industries, a UK-based startup building industrial hardware from the atoms up using AI, has raised €43 million in Series B funding to scale its data centre products and develop its platform for industrial applications beyond data centres.

Veriff Research Reveals Americans Struggle to Detect Deepfakes, Exposing Identity Verification Vulnerabilities

Veriff conducted a survey with Kantar among 3,000 respondents in the US, UK, and Brazil revealing that Americans score only 0.07 on a deepfake detection scale (where 0 represents random guessing). The research shows only 63% of US adults are familiar with deepfakes compared to 74% in the UK and 67% in Brazil. Approximately 7% of users are overconfident in their ability to detect deepfakes while remaining inaccurate, creating a significant fraud vulnerability. The research emphasizes the need for automated, AI-powered identity verification systems rather than relying on human visual inspection alone.

London Beauty Tech Startup Fresha Raises $80m from KKR to Achieve Unicorn Status

London-based Fresha, a beauty and wellness software startup providing appointment booking, payments and business management solutions for salons, spas and wellness operators, raised $80m from KKR at a valuation exceeding $1bn, achieving unicorn status. The company is already profitable and plans to use the capital for international expansion and AI tool development.