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A biotech firm backed by University College London (UCL) tech developing a new treatment for amyotrophic lateral sclerosis (ALS) has launched with a $101m (£79m) Series A. Trace Neuroscience was co-founded by UCL molecular neuroscience professor Pietro Fratta and Stanford University genetics professor Aaron Gitler. The company is developing nucleic acids with the aim of ...
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UK Tech News
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UK Tech News
PhysicsX, the physics AI company for industrials, has secured an oversubscribed $300m (£225m) Series C round. PhysicsX is developing and deploying its AI-native engineering platform to accelerate hardware innovation and drive engineering and manufacturing productivity in industrial organisations. The firm says sectors that build the world’s most critical hardware like aerospace and defense, energy, semiconductors, ... Read more ›
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This week’s podcast guest is Yasmin Baba, who discusses pitching her early-stage health tech startup to a room full of men, how she coped with bootstrapping by “being a minimalist with big dreams” and how she believes that better data can bring down the half a million plus women on gynaecology waiting lists. Plus, why, ... Read more ›
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The UK government has launched a series of new initiatives worth over £200m to accelerate AI adoption and skills for workers and young people. At the first-ever AI Adoption Summit on Monday, the government brought together tech companies, trade unions and industry leaders with the aim to drive the adoption of AI in ways that ... Read more ›
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Multiverse, the upskilling platform for AI and tech adoption, has opened its new technology hub in Edinburgh. The news follows its recent $70m (£52.3m) funding round, with the new hub marking an expansion of Multiverse’s engineering footprint and places an additional centre of technical excellence outside of London. Former Amazon leader Colin Mackenzie has been ... Read more ›
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The UK government is set to announce new measures to boost access to global talent and support high-growth sectors. At a global talent reception on Wednesday, the chancellor will set out two new schemes, including visa fee reimbursement for scale-ups in digital and tech, life sciences and clean energy with the goal of helping firms ... Read more ›
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IBM has launched the expansion of IBM SkillsBuild, its free global technology education programme, with a new artificial intelligence (AI) learning pathway designed to equip individuals across all career stages. The free training modules will support the British workforce from entry-level employees to senior leaders and policymakers, helping people across all communities gain access to ... Read more ›
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01Health has raised a $15m (£11.2m) Series A round to support the launch of its platform across the UK and its introduction to the US market. Operational since 2022, 01Health is a healthtech startup designed to bring specialist care to local clinics through a unified technology layer combining clinical protocols, specialist oversight, AI tooling, patient ... Read more ›
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Carbon13 is launching its tenth SEIS fund, Carbon13 SEIS Fund X, with exclusive rights to invest in startups built through its venture builder in Cambridge. Carbon13 is a climate tech venture builder based in Cambridge and Berlin, and has invested in 107 startups since 2021 across the UK and EU. The new fund will invest ... Read more ›
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Alumni Ventures, one of the US’s most active venture capital firms, has opened its first European office in London. The VC has relocated senior leadership to the city, expanded its UK team and invested in companies across the UK and wider EMEA region. Alumni has also launched, registered and completed regulatory onboarding for its new ... Read more ›
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Midlands Mindforge, an investment group targeting university spinouts across the Midlands, has deployed its first investments backed by UK government funding. The investment group was established by eight universities in the region, including the University of Warwick, University of Leicester, University of Birmingham and University of Nottingham. The idea is to offer a coordinated investment ... Read more ›
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16.06.2026 01:16
Last update: 01:05 EDT.
News rating updated: 08:11.
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