A major cyber attack that resulted in the shutdown of production lines and retail outlets at Jaguar Land Rover highlights the growing risk that hacking poses to big British industry, according to cybersecurity experts. The British carmaker confirmed in a statement that the incident, which took place over the weekend, had “severely disrupted” its retail ... Read more ›
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Local universities are a leading source of international exports, knowledge sector employment, startup creation and community regeneration, according to new research from think tank Centre for Cities. It found that, in large cities and towns across the UK, higher education institutions are crucial international exports that attract inward investment from foreign students who typically pay ... Read more ›
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Government-funded tech startup KETS Quantum Security has appointed a new executive chair as it gears up for a Series A investment round and ambitious expansion plans. Stuart Woods, who has a background in bringing advanced technologies to market and strategic partnerships, will help the firm raise the funds needed to develop a quantum key distribution ... Read more ›
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The UK government has announced plans to invest £12.6m in agtech projects through two competitions. It’s partnering with national innovation agency Innovate UK to deliver these Farming Innovation Programme competitions, which have been dubbed a “Dragon’s Den for farming”. They aim to accelerate the research and development of technologies that can tackle some of the ... Read more ›
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The UK government will launch a campaign across Spain and Germany to promote the work of British researchers and innovators. The campaign will encourage researchers, businesses and academics in the two countries to collaborate with the UK through the Horizon Europe programme. Horizon Europe is a joint research programme between European nations, the largest initiative ... Read more ›
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Fintech platform Soldo works with businesses to help them manage company-wide spending in real-time using the latest technology. Following a Series C funding round of $180m (£133m) in 2021, the solution has partnered with the likes of Sony, Warner Bros and Mitsubishi Electric. After two decades in payments and financial services, including a 14-year stint ... Read more ›
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AI photography startup Camera Intelligence has raised $2m (£1.4m) in a seed funding campaign that will help it continue developing its advanced camera and automated editing software. The funding includes £550,000 from Digital Catapult, along with investments from Betaworks, F4 Fund, Next Wave via Flybridge and 7pc Ventures. Born out of Digital Catapult’s AI innovation ... Read more ›
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British AI-focused data centre startup Nscale is expanding to its first physical location, a new office in Mayfair, London. Nscale launched in May 2024 and by the end of the year secured a $155m (£115.5m) Series A round. The company builds and operates infrastructure for AI workloads. It designs data centre cites to support large-scale ... Read more ›
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Challenger bank Zopa has acquired online payments platform Rvvup and will make it a subsidiary in a bid to expand its retail finance offering. Currently, Zopa offers point-of-sale lending on merchant checkouts. But through this acquisition, the bank will support even more payment options in a single, artificial intelligence-driven user experience. To do this, Zopa ... Read more ›
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Notion, the San Francisco-based workspace software group worth $10bn, is expanding rapidly across Europe with the launch of a handful of new offices, including in London. The Index Ventures and Sequoia-backed AI group is opening three new European locations, in London, Paris and Munich, that will serve as “EMEA hubs”. Notion launched its first European ... Read more ›
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This week’s podcast guest is Caroline Seton, co-founder of Forest, who discusses the cultural shift in perceptions of cycling brought in by bike hire services, the infrastructural barriers to encourage mass cycling and navigating the venture capital landscape. Forest, founded as Human Forest, is a London-based bicycle hiring service competing with the likes of Lime. ... Read more ›
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A major tech-focused European law firm has opened an office in King’s Cross, London, as it eyes up global expansion plans. This is the first international office for Berlin-headquartered YPOG, an acronym for You + Partners of Gamechangers. James Shaw, who previously co-founded law firm JAG Saw Baker and worked as a partner at global ... Read more ›
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A new ticketless rail app is to be trialed on England’s rail network for the first time over the next few weeks. The trial, commencing today and using almost £1m of government funds, will take place on the East Midlands rail network across Leicester, Derby and Nottingham. Similar trials will happen on Yorkshire’s Northern Trains ... Read more ›
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One in three Brits are now using open banking technology as they look to become more in control over their finances. According to new figures from Open Banking Limited, July saw a record 15.16 million British adults use services powered by open banking technology. Between June and July, UK open banking usage grew 3.5% to ... Read more ›
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Staff at Coventry City Council are concerned over a major AI contract handed by the local authority to controversial US tech giant Palantir, according to reporting from The Guardian. The American tech group co-founded by Trump-backer Peter Thiel provides software for numerous defence and governmental partners, however, the deal with Coventry, worth £500,000 a year, is ... Read more ›
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Cyted Health, a diagnostics firm founded by experts from the University of Cambridge, has pulled in $44m (£32.5m) for its Series B funding round. The company, which specialises in gastrointestinal molecular diagnostics, will use the new funding to support its expansion to the US. The Cambridge-based firm’s diagnostics platform recently launched in the US, with ... Read more ›
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This week’s UK tech funding deals include semiconductor company Paragraf, vaccine storage developer EnsiliTech and more. UKTN tracked £88.1m worth of UK tech investment this week (25 August to 29 August), a 163% week-on-week increase across five funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Paragraf – £41m Sector: Semiconductors HQ: Somersham Round: Series ... Read more ›
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With an increasingly uncertain and unpredictable global trading environment, many UK tech investors and innovators are looking to explore new markets. New horizons bring new opportunities – and one region discussed less often is the thriving tech scene in the Global South. The Global South is a loose geopolitical term that refers not just to ... Read more ›
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Tareq Nazlawy is the co-founder and chief executive officer of Trace, a company using blockchain technology to create new opportunities in sports marketing. In this week’s Founder in Five Q&A, Nazlawy discusses embracing a healthy dose of scepticism, managing energy instead of time and why a music production hobby contains surprising parallels for business. What’s one ... Read more ›
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The UK government attempted to secure broader “back-door” access to private customer data held by Apple, as revealed in new court documents. First reported by the Financial Times, a legal filing made by the UK government has revealed that the Home Office has not backed down on its attempts to force Apple to allow it access ... Read more ›
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Conservative peer Lord Kulveer Ranger has been appointed to the board of directors of British AI firm Automated Analytics. Ranger, who was appointed to the House of Lords in 2023, has held a handful of prominent roles in and out of the tech industry. In the public sector, Ranger worked in the London mayorship of ... Read more ›
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M Squared Lasers, a photonics company based out of Glasgow, has entered administration after almost 20 years of operation. The company, which developed lasers for a broad range of uses from quantum computing to chemical sensing, served customers across the globe, including in the UK, Europe, Asia and the US. M Squared Lasers has now ... Read more ›
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Coventry-based autonomous vehicle company Aurrigo has secured £13.8m in additional capital from the sale of new shares. The London-listed firm, which develops self-driving vehicle technology for the aviation industry, raised the new funds from a combination of a share placing and subscription. The placing, in which it issued new shares available for purchase from public ... Read more ›
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The majority of UK tech leaders consider their home market as a more attractive place to grow their business than any other region, according to data from Barclays. Research from the bank as part of its Business Prosperity Index found that 62% of polled tech leaders prefer the UK for scaling a company than mainland ... Read more ›
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Bristolian biotech startup EnsiliTech has secured a £4.5m seed investment to scale its work developing transport systems for vital medicines. Founded in 2022, EnsiliTech has patented technology to improve the storage and transportation of vaccines, antibodies and enzymes. The group was launched to reduce the biopharmaceutical industry’s reliance on legacy ‘cold-chain’ systems, which are costly ... Read more ›
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03.09.2025 22:52
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