UK fintech Yordex is making it simple for fast-growing companies to control business spend by adding company cards to its smart spend management solution, giving businesses complete visibility and authority over their current and future finances.

See full article here: https://www.finextra.com/pressarticle/80221/yordex-introduces-smart-company-card

The telecommunications industry is closely watching the development of a brand-new chip by imec spin-off Pharrowtech; a chip that can provide millions of families with an ultrafast broadband connection – easily, quickly and cost-effectively.

Wim Van Thillo (CEO of Pharrowtech) and Olivier Rousseaux (senior venture development manager at imec) disclose the potential and unique features of the Pharrowtech chip and explain how the imec spin-off came about.

See full article here: https://www.imec-int.com/en/imec-magazine/imec-magazine-october-2019/fast-faster-pharrowtech

Bloc portfolio company Crypta Labs enables large infrastructure projects to prepare for when quantum computing will quickly break classical encryption models, an event that is getting closer if Google’s claims are verified.

The Economist argues in a recent article that Google’s claim to have demonstrated quantum supremacy, if true, is a Sputnik moment. The Sputnik launch itself didn’t achieve much, but it proved a concept and gained worldwide attention.

Google’s machine has performed a task in just over three minutes that would take the world’s most powerful classical supercomputer around 10,000 years to complete.

VC investing in quantum computing is fraught with time risk as commercial quantum computers are unlikely to be available for a decade or so, heralding the “post quantum era” “PQE”. However, infrastructure projects being planned and built today that are likely to outlive the PQE will need to be future proofed from the implications of quantum computing, and the one that is top of mind is the quantum computer’s ability to break current encryption techniques very easily.

Bloc Ventures has focused on preparing for the PQE by investing earlier this year in Crypta Labs. Crypta is already working on a number of projects using its QRNG (quantum random number generator) technology to provide quantum ready security. Classical encryption is based on random number generators that are not truly random. This is good enough for preventing classical computer decryption, but quantum computers can break them very easily. Crypta has used quantum techniques to develop a true random number generator that enables PQE ready encryption.

D/SRUPTION50 Index Revealed at Disruption Summit Europe 2019: EVRYTHNG Recognized for the Digital Switch-on of the World’s Consumer Products; Disrupting the Way Brands and Consumers Interact

See full article here: https://evrythng.com/evrythng-ranked-among-europes-top-50-most-disruptive-companies/

AccelerComm are once again demonstrating commercially ready software-only IP for 5G NR in support of virtualized networks live at Mobile World Congress.

See full article here: https://www.accelercomm.com/accelercomm-introduces-improved-channel-equalisation-5g-nr-mwc-barcelona-2020

As demand for broadband internet network capacity skyrockets, DSL – the legacy phone line system – is headed straight into a brick wall. For this dilemma, the Imec spin-off Pharrowtech is proposing a new take on an old technology: fixed wireless access.

Since 2005, Imec has made big strides in the development of RF, analog and mixed-signal designs for both radar and high-speed wireless communications. In 2015, under the guidance of Wim Van Thillo, the Belgian research and development powerhouse started a number of R&D programs spanning multiple frequencies from 140 GHz, for applications in radar, down to 28 GHz for 5G wireless. By 2017, Van Thillo saw an emerging business opportunity in the field of millimeter-wave-based fixed wireless access. Together with Imec, they decided that the 60 GHz technology, used for wireless communications, was both mature and robust enough that it was ready to be spun out. The result: Pharrowtech, run by Van Thillo, the company’s co-founder and CEO.

See full article here: https://bits-chips.nl/artikel/pharrowtech-emits-mm-wave-fixed-wireless-for-broadband-internet/

Yordex has raised £500k from investment company Bloc Ventures to accelerate its mission to help fast-growing businesses take their Finance function to the next level.
 

See full article here: https://www.businessleader.co.uk/yordex-announces-500k-raises-to-accelerate-next-generation-business-software/60986/