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This week’s UK tech funding deals include autonomous driving software group Wayve, fashion re-selling platform The Little Loop and more. UKTN tracked £76.7m worth of UK tech investment this week (13 April to 17 April), a 45% week-on-week increase across seven funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Wayve – ...
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UK Tech News
An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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In honor of World Password Day, Kaspersky researchers revisited their study on the crackability of real-world passwords and found that 60% of MD5-hashed passwords could be cracked in under an hour with a single Nvidia RTX 5090, and 48% could be cracked in under a minute. "The bottom line is that passwords protected only by fast hashing algorithms such as MD5 are no longer safe if attackers obtain them in... Read more ›
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Read 'Sarah's Laugh' by Melissa A Watkins, courtesy of Lightspeed Magazine, right here on io9. Read more ›
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From claims of safety taking a back seat to the "toxic culture" he created, OpenAI CEO Sam Altman faced a tough day in court. Read more ›
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Perplexity today launched a new Mac app with support for its hybrid local-cloud AI agent Personal Computer, plus it expanded Personal Computer access to Pro and Enterprise users, so it is no longer limited to just Max subscribers. Perplexity describes Personal Computer as a "personal orchestrator" that hybridizes local and server environments for security and productivity. Personal Computer is available in the new Mac app, which Perplexity says gives users... Read more ›
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Peter Thiel backs Panthalassa's $140 million round to build floating AI data centers powered by ocean waves, bypassing land-based energy constraints Read more ›
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Layoffs have hit more than two dozen companies in 2026, including Meta, Amazon, and Coinbase, as AI and economic conditions reshape the business landscape. Read more ›
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Today on Uncanny Valley, we’re diving into recent reports that the Trump administration is considering an executive order that would establish some sort of federal oversight over new AI models. Read more ›
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Coinbax took the top spot at Consensus Miami with software built to add compliance controls to onchain payments. Read more ›
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Grinding Gear Games plans to release Path of Exile 2 in full - in version 1.0 - this year. Game director and studio co-founder Jonathan Rogers revealed this intention during a press briefing detailing the game's final early access patch, 0.5.0, Return of the Ancients, due end of May, that I was a part of. Read more Read more ›
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The Instructure-owned learning management platform, Canvas, is down after recently confirming a massive data breach that impacted student names, email addresses, ID numbers, and messages. Students attempting to access the system on Thursday saw a message from the hacking group ShinyHunters, which claimed responsibility for the attack: ShinyHunters has breached Instructure (again). Instead of contacting […] Read more ›
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Cloudflare announced 1,100 layoffs as it restructures for the age of agentic AI, sending shares tumbling. Read more ›
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Here are hints and the answers for the NYT Connections: Sports Edition puzzle for May 8, No. 592. Read more ›
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Cloud information management company’s Q3 earnings come after layoffs and restructuring. Read more ›
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Gas prices are putting pressure on drivers, airlines, and everyday budgets, and the question of when relief could arrive is not a simple one. Read more ›
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Public blockchains make transactions traceable, but that transparency can come at the expense of user privacy. Speakers from Moody’s Ratings and ChangeNOW said that hybrid blockchain architecture and address-level monitoring can help solve both problems simultaneously. Read more ›
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UK Tech News
Spaceflux, a London-based company providing governments and commercial operators with “space domain awareness” services has raised £3.5m in an extension to its seed round. Founded in 2022, Spaceflux operates a network of optical sensors across five continents that, combined with its AI intelligence platform Cortex, provides organisations such as the Ministry of Defence and UK ... Read more ›
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The UK clean tech sector has reclaimed its spot as the best funded in Europe, according to the findings of a new report. Research conducted by the group Cleantech for UK has found that funding for the sector reached £7.2bn in 2025, up significantly from the £5.6bn raised the previous year. This puts the UK ... Read more ›
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Michael Lazarenko is the co-founder of Embedd a platform that uses AI to convert semiconductor datasheets and documentation into structured, machine-readable models. In this week’s Founder in Five Q&A, Lazarenko discusses why running effective tests is vital, why founders always need to raise more capital than they think and the power of 10-minute naps. What one ... Read more ›
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The Payments Association, a trade body representing the payments sector, has announced chief executive Ben Agnew will step down. Agnew took the reins of the trade body back in 2020 and in his tenure saw membership and revenue grow considerably. The stepping down of Agnew follows a recently secured investment at The Payments Association that ... Read more ›
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Now that AI has firmly found itself embedded into the workplace, fears over how the automation of so many tasks could hurt jobs is not going anywhere. This is not a concern for the future, it is happening right now. While the exact figures vary, research from the likes of Goldman Sachs and Morgan Stanley ... Read more ›
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This week’s UK tech funding deals include renewable energy group Enviromena, roadside quality assurance provider HDS and more. UKTN tracked £1.73bn worth of UK tech investment this week (27 April to 1 May), a 1,574% week-on-week increase across 11 funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Enviromena – £825m Sector: Energy ... Read more ›
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Glasgow-based life sciences scaleup EnteroBiotix has secured £19m to support its clinical trials of microbiome drugs used to treat irritable bowel syndrome (IBS). IBS affects up to one in ten people, with up to twice as many women diagnosed compared to men. The investment will fund the firm’s clinical trial for its EBX-102-02 IBS drug, ... Read more ›
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Deep climate tech startup Barocal has raised a $10m (£7.4m) seed round to accelerate development and scale its engineering team ahead of commercial deployment. The University of Cambridge spinout is developing next-generation solid-state cooling and heating systems. The startup replaces conventional refrigerant gases with organic barocaloric materials that heat and cool under pressure, improving energy ... Read more ›
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If you are a UK tech founder sponsoring overseas engineers, there is a rule change that kicked in on 8 April 2026 that you probably have not heard about. You should. From that date, the Home Office stopped assessing sponsored worker salaries annually. Now they assess them in every pay period. One month below threshold ... Read more ›
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This week’s podcast guest is Anu Adebajo, chief executive of Newton Venture Program, who discusses how we train the next generation of investors, the real solutions to a lack of diversity in the industry and how much of VC success is down to pure luck. Listen to the full episode here, along with all previous ... Read more ›
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07.05.2026 18:10
Last update: 18:05 EDT.
News rating updated: 01:05.
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