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A new £20m funding boost has been unveiled by the government to support the local innovation economies of regions across England and Wales. The funding, to be awarded through the competition element of the £500m Local Innovation Partnerships Fund, will go towards a number of tech schemes in areas from Teesside to Cornwall. In the ...
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UK biotech Cytospire Therapeutics has closed a £61m Series A round to advance its development of antibodies used in cancer treatment. Cytospire is developing a portfolio of differentiated multispecific engager antibodies to enhance and direct the activity of immune cells. In addition to advancing its development capabilities, the funding will be used to support a ... Read more ›
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The British Business Bank has committed an initial £1m to co-invest with Angel Academe, a founding signatory of the Investing in Women Code. Investing in Women Code is a commitment to support the advancement of female entrepreneurship in the UK by improving female entrepreneurs’ access to tools, resources and finance from the financial services sector. ... Read more ›
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UK fintech funding dropped significantly in the first quarter of the year, according to the latest quarterly report from data intelligence platform Tracxn. According to the report, UK fintechs raised $741m (£544.2m) in the first three months of the year, a decline of 43% compared with the last quarter of 2025. The amount of funding ... Read more ›
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Asterix Health has raised £2.1m in pre-seed funding to build out its workforce solution that hires UK-registered GPs to support primary care remotely through a proprietary technology platform. Julian Titz and Max Thilo founded the company in 2024 after both navigating serious health conditions – Thilo was diagnosed with Hodgkin’s Lymphoma and Titz is currently awaiting ... Read more ›
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Artificial intelligence is often positioned as the biggest opportunity for business, that is true, but it is also changing the nature of cyber risk far faster than most organisations are prepared for. The conversation needs to catch up. This is no longer just about productivity or efficiency. It is about the speed at which systems ... Read more ›
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UK-headquartered Quantum Motion has closed a $160m (£117.5m) Series C round to commercialise its scalable and energy-efficient approach to quantum computing. Quantum Motion builds utility-scale quantum computers using industry-standard silicon transistors. Built on qubits using the silicon technology found in smartphones and computers, its systems are designed for deployment into standard data-centre racks. This avoids ... Read more ›
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Meatly, a London-based firm that became the first company in Europe approved to sell lab-grown meat in 2024, is now planning to open the continent’s “largest cultivated meat facility” after securing new funding. The company, which predominantly provides pet food groups with its cultivated meat products, announced on Thursday that it raised £10.4m in a ... Read more ›
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13.05.2026 01:54
Last update: 01:40 EDT.
News rating updated: 08:40.
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