secures Archives - EMC UK https://emcuk.co.uk/tag/secures Where UK News Meets Clarity Wed, 26 Feb 2025 20:38:24 +0000 en-GB hourly 1 https://emcuk.co.uk/wp-content/uploads/2024/01/favicon.png secures Archives - EMC UK https://emcuk.co.uk/tag/secures 32 32 ONVY Secures $2M to Expand AI-Powered Health Coaching https://emcuk.co.uk/news/onvy-secures-2m-to-expand-ai-powered-health-coaching?utm_source=rss&utm_medium=rss&utm_campaign=onvy-secures-2m-to-expand-ai-powered-health-coaching Wed, 26 Feb 2025 20:38:22 +0000 https://emcuk.co.uk/?p=1801 Munich-based health technology firm ONVY has secured over $2 million in a seed extension funding round to expand its AI-powered precision health platform. The investment, led by Voloridge Health, an affiliate of US hedge fund Voloridge Investment Management, will support ONVY’s efforts to scale its AI-driven health coaching technology and advance personalised health solutions. The [...]

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Munich-based health technology firm ONVY has secured over $2 million in a seed extension funding round to expand its AI-powered precision health platform. The investment, led by Voloridge Health, an affiliate of US hedge fund Voloridge Investment Management, will support ONVY’s efforts to scale its AI-driven health coaching technology and advance personalised health solutions.

The funding round comes amid a growing shift in the health and wellness sector towards data-driven personalisation. While many health platforms still rely on generalised approaches, ONVY’s technology aims to bridge the gap by offering real-time, tailored health recommendations based on biometric and behavioural data.

AI at the Heart of Personalised Health

ONVY’s AI Health Coach platform integrates data from wearable devices, environmental sensors, and lifestyle tracking tools to deliver instant, personalised insights. By continuously analysing factors such as sleep patterns, activity levels, nutrition, and stress markers, the platform provides users with tailored guidance to optimise their health in real time.

Founder and CEO Adrian Kochsiek believes the investment will help accelerate ONVY’s mission to redefine how individuals and businesses approach well-being.

“The future of health is real-time, hyper-personalised, and AI-driven. Yet, the industry still relies on outdated, one-size-fits-all approaches,” he said. “Our platform transforms raw health data into tailored recommendations, empowering users to take action when it matters most. This funding allows us to scale AI-driven precision health and revolutionise personal and corporate well-being.”

Bridging Data and Action

One of ONVY’s key innovations is its ability to translate raw health data into actionable steps, helping users make immediate lifestyle adjustments. The AI-driven platform offers:

  • Personalised health recommendations based on individual physiology and behaviour.
  • Instant feedback on key health metrics, enabling real-time decision-making.
  • Long-term behavioural insights to support sustained healthy habits.

With increasing demand from businesses in wellness, longevity, and insurance, ONVY is expanding its platform to cater to corporate partners. The company is developing AI-as-a-Service and Prevention-as-a-Service models, enabling businesses to integrate custom AI health solutions into their services.

Expanding Health Intelligence Capabilities

The latest investment will accelerate ONVY’s expansion in several key areas, including:

  • Enhancing AI health coaching with deeper data integration and predictive analytics.
  • Scaling AI-driven corporate health solutions to improve user engagement and outcomes.
  • Expanding ONVY’s API capabilities to integrate with over 500 health data sources.

David Vogel, Co-Founder of Voloridge Health, highlighted ONVY’s role in the evolution of AI-powered healthcare.

“AI is transforming health and well-being, and ONVY is leading the way with its innovative approach to real-time health intelligence. By turning complex biometric and behavioural data into meaningful, actionable insights, ONVY is setting a new standard for personalised health coaching. We are excited to support their growth as they scale.”

With the backing of Voloridge Health, ONVY aims to solidify its position as a leader in AI-powered precision health, helping individuals and businesses harness real-time data to improve long-term well-being.

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Cuprum Secures Key Tenant Renewals in Glasgow’s IFSD https://emcuk.co.uk/news/cuprum-secures-key-tenant-renewals-in-glasgows-ifsd?utm_source=rss&utm_medium=rss&utm_campaign=cuprum-secures-key-tenant-renewals-in-glasgows-ifsd Mon, 20 Jan 2025 21:01:56 +0000 https://emcuk.co.uk/?p=1620 Two major tenants have extended their leases at Cuprum, a Grade A office development in Glasgow’s International Financial Services District (IFSD). The property, managed by CityBee, a joint venture between Europi Property Group and Trinova Real Estate, has cemented its appeal to high-profile occupiers amid rising demand for sustainable, well-located office spaces. AXA Insurance UK [...]

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Two major tenants have extended their leases at Cuprum, a Grade A office development in Glasgow’s International Financial Services District (IFSD). The property, managed by CityBee, a joint venture between Europi Property Group and Trinova Real Estate, has cemented its appeal to high-profile occupiers amid rising demand for sustainable, well-located office spaces.

AXA Insurance UK Plc has renewed its lease for approximately 33,000 square feet across the building’s third and fourth floors, committing to remain at Cuprum until 2031. Similarly, Teleperformance Limited has extended its occupancy of 27,000 square feet across the mezzanine, first, and second floors until 2030. Both deals were finalised in December 2024, reinforcing the building’s status as a preferred location for long-term tenants.

Cuprum, situated at the western gateway to Glasgow city centre, combines striking architecture with modern interiors. Its strategic location provides excellent public transport connectivity and places it within one of the UK’s most prominent financial districts. The building also boasts strong environmental credentials, including an EPC A rating and BREEAM ‘Very Good’ certification.

Recent upgrades to the property include a refurbished reception area and new cycle storage, shower, and changing facilities, enhancing its appeal to environmentally conscious tenants. These investments were cited as key factors in retaining AXA and Teleperformance.

Mike McCarrick, who oversees asset management for Trinova, highlighted the significance of these commitments. “We are delighted that AXA and Teleperformance have chosen to continue their occupancy at Cuprum. The landlord’s recent investment in best-in-class amenities and sustainability measures has been instrumental in creating an attractive working environment. Glasgow’s office market has faced challenges in the return-to-office trend, but momentum is building, and we look forward to welcoming new occupiers.”

The property’s remaining 17,000 square feet are being marketed by Avison Young, with CityBee optimistic about securing additional tenants in the near future.

James Tootell, Asset Management Director at Europi Property Group, pointed to the enduring demand for high-quality, sustainable office spaces. “Forward-thinking companies are prioritising work environments that foster collaboration and innovation. The lease extensions at Cuprum demonstrate its appeal to occupiers seeking spaces that align with their values and operational needs.”

The Glasgow office market has faced pressures from remote working trends, but demand for prime office spaces with strong environmental credentials and modern facilities remains resilient. Cuprum’s ability to secure long-term commitments from prominent firms like AXA and Teleperformance highlights its standing as one of the city’s premier office locations.

As businesses continue to adapt their workplace strategies, developments like Cuprum offer a glimpse into the future of sustainable and collaborative office environments. The continued investment in the property underscores CityBee’s commitment to meeting the evolving demands of tenants in Glasgow’s competitive market.

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Government Secures Deal to Bring Military Housing Back Into Public Ownership https://emcuk.co.uk/news/government-secures-deal-to-bring-military-housing-back-into-public-ownership?utm_source=rss&utm_medium=rss&utm_campaign=government-secures-deal-to-bring-military-housing-back-into-public-ownership Tue, 17 Dec 2024 18:40:40 +0000 https://emcuk.co.uk/?p=1454 A landmark agreement has been reached to bring thousands of military homes back into public ownership, marking a significant shift in the government’s approach to military housing. The £5.99 billion deal will end an arrangement that saw taxpayers footing a £230 million annual bill for military housing rentals and maintenance. Under the terms of the [...]

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A landmark agreement has been reached to bring thousands of military homes back into public ownership, marking a significant shift in the government’s approach to military housing. The £5.99 billion deal will end an arrangement that saw taxpayers footing a £230 million annual bill for military housing rentals and maintenance.

Under the terms of the deal, the Ministry of Defence (MOD) will reacquire 36,347 properties from Annington, the company that originally purchased them in 1996. The deal will see the properties, which are now valued at £10.1 billion, bought back at a substantial discount, creating savings that will be reinvested into improving housing for military families. This move is expected to save the taxpayer more than £600,000 per day, providing a vital boost to the defence budget.

The sale of the properties in 1996, which saw 55,000 homes sold for an average price of just £27,000 each, has been widely criticised for failing to strike a fair balance between risk and reward. Since then, the MOD has been burdened with rising rental costs, maintenance responsibilities, and the obligation to hand back thousands of properties to Annington. Estimates suggest the government lost nearly £8 billion in the years since, as a result of this decision.

The Defence Secretary, John Healey, described the deal as a “decisive break” from the past, aiming to reverse the long-term decline in military housing. “This is a once-in-a-generation opportunity to fix the state of military housing and ensure that our armed forces get the homes they deserve,” he said. “For too long, military families have lived in sub-standard conditions, and this deal is the first step in changing that.”

The agreement will not only address longstanding housing issues but also help to kick-start the government’s wider housing strategy for the armed forces. Key elements of this strategy will include the construction of new homes, opportunities for homeownership, and a commitment to improving the quality of housing for service families. Already, planning applications for 265 new homes at RAF Brize Norton and another 300 at Catterick Garrison are being prepared.

This move also aligns with the government’s broader commitment to boosting housebuilding across the UK and supporting the economy. The deal is part of a wider effort to improve military morale, retention, and recruitment by providing better living conditions for service members and their families.

Admiral Sir Tony Radakin, Chief of the Defence Staff, welcomed the deal, calling it a vital step in providing service personnel with higher-quality housing. “This agreement will allow us to regain control of the estate and move forward with essential redevelopment, providing our armed forces with the homes they deserve,” he said.

The government’s efforts to address military housing have also been accompanied by a series of reforms, including a significant pay rise for armed forces personnel and measures to simplify the recruitment process. The MOD will continue to work on redeveloping and modernising the housing estate, with the ultimate goal of delivering sustainable, high-quality homes for the military community.

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