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Shashwat Patel is the founder and chief executive of Perry AI, an AI-based legal tech platform that automates tasks including document reviews and compliance checks. In this week’s Founder in Five Q&A, Patel discusses the importance of understanding who your customers are before you build your product, the practice of ruthless prioritisation and his passion for ...
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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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Samsung has officially announced the date for its next Galaxy Unpacked event, where it is expected to unveil the Galaxy Z Fold8, Galaxy Z Fold8 Ultra, and Galaxy Z Flip8. In a press release, the company confirmed that Galaxy Unpacked will take place in London, UK, on July 22. Samsung also shared a teaser video featuring the tagline "A New Shape Unfolds," hinting at its upcoming wide foldable, which is... Read more ›
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The Islamic Development Bank arm will deploy the three-year facility across energy, food security and private sector lending in The Gambia. Read more ›
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Consortium led by industrialist Michał Sołowow unveils plan to build 14 small modular reactors across three British sites as part of a £35bn scheme. Read more ›
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UK Tech News
London-based Tapestry VC has launched its $80m (£60.5m) Fund III to double its scale and deepen its focus on backing repeat founders across Europe and North America. At almost three times the size of the firm’s previous funds, Fund III is co-anchored by a $40m ($30.2m) commitment from new sovereign investor British Business Bank, alongside ... Read more ›
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Build, the AI-native infrastructure company helping governments, developers and investors accelerate critical projects, has raised $8.5m (£6.4m) in seed funding. The startup combines AI systems with industry expertise to automate workflows across infrastructure development, including site selection and due diligence. Build says demand for AI infrastructure, power and industrial capacity is outpacing supply, placing growing ... Read more ›
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The UK’s competition regulator’s announcement of a consultation that could force Apple and Google to adopt more app developer friendly policies “falls short of what is needed” according to a prominent group of developers. The Competition and Markets Authority (CMA) unveiled on Tuesday a new consultation that could lead to a new requirements for app ... Read more ›
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Lucida AI has raised a $7m (£5.3m) seed round to accelerate its AI-powered language coaching platform for consumers and enterprises. Through real-time speech-to-speech conversations and instant feedback, Lucida AI helps users to improve pronunciation, fluency and confidence by simulating real-world scenarios. This spans from everyday chats to business meetings, presentations and client calls. As people ... Read more ›
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Ruya Ventures has raised $50m (£37.7m) for its first VC fund, which is focused on supporting global deep tech innovation as it shifts from the lab into real-world deployment. Ruya Ventures will build a portfolio of 20 deep tech companies worldwide with a focus on targeted technology value chains in sectors including AI, batteries, robotics, ... Read more ›
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AI is reshaping the UK’s startup economy, attracting a record share of investment and driving larger equity deals against the backdrop of a slight decline in overall activity, according to the British Business Bank’s annual small business equity tracker. The tracker found that the equity market for smaller businesses is increasingly concentrated around higher value ... Read more ›
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A concerning proportion of businesses in London expect the UK to go through economic decline over the next 12 months, according to new research. In the latest economic survey conducted by the London Chamber of Commerce, it was found that as many as 60% of London firms expect some level of decline in the next ... Read more ›
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For too long, Britain’s innovation strategy has been caught between two competing instincts. We celebrate world-class research wherever it exists, but too often concentrate investment and decision-making in too few places. The result is a country that generates extraordinary scientific breakthroughs, yet struggles to commercialise them at scale. If, or should I say when, Andy ... Read more ›
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StirlingX has raised a $20m (£15m) Series A just eight months after closing its seed round. StirlingX is building a sovereign intelligence and autonomy platform that lets defence and critical national infrastructure customers capture, secure, fuse and act on high-value data in complex and contested environments, from surveying and monitoring infrastructure to detecting and countering ... Read more ›
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The UK government’s £298bn Defence Investment Plan promises to improve the nation’s security and support what could represent a key area of economic growth. According to the plan, it will “energise the transformation of our armed forces” and “rebuild warfighting readiness” at a time when the state of geopolitical security is genuinely alarming. Highlights of ... Read more ›
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08.07.2026 01:23
Last update: 01:10 EDT.
News rating updated: 08:12.
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