Early-stage investment vehicle and angel network the British Design Fund (BDF) has secured a £5m commitment from The British Business Bank through its Regional Angels Programme. Managed by Sapphire Capital Partners, BDF was launched to support UK-based startups with a focus on the design and manufacturing of physical products. The fund has been supported by the ... Read more ›
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This week’s UK tech funding deals include quantum computing group Nu Quantum, embedded finance fintech CapRelease and more. UKTN tracked £123.55m worth of UK tech investment this week (8 December to 12 December), a 45% week-on-week increase across eight funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Nu Quantum – £45m ... Read more ›
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Matta, an industrial AI startup offering data insights to factories, has secured a $14m (£10.5m) seed funding round. Founded with a mission to build “sentient factories”, Matta’s AI technology provides factories with insights on production lines and can spot defects and their trace routes to help fix issues before they become overly costly. Matta described ... Read more ›
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Danae Shell is the founder and chief executive officer of Valla, an Edinburgh-based AI platform that offers legal guidance and support. In this week’s Founder in Five Q&A, Shell discusses nightmare pitches and the motivating power of believing in your mission. What’s your worst pitching experience? My very first pitch for Valla was a disaster. In ... Read more ›
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The UK and Canada have agreed to ramp up AI adoption among SMEs, strengthen tech ties and collaborate on semiconductor research. At a G7 meeting in Canada the UK agreed to launch a joint semiconductor research network that will bring together experts from both countries to develop smarter and more energy-efficient chips. The network has ... Read more ›
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A recent surge in entrants for this year’s Greater Manchester Tech Climbers showcase has revealed the global scale of ambition among the region’s startups. Tech Climbers revealed its latest shortlist of the best performing product-led tech businesses in Greater Manchester this week in a year that has seen the number of new entrants skyrocket. Almost ... Read more ›
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University of Cambridge spinout Kodiaq Technologies has secured an £850,000 investment in support of its metal-free energy storage product. The firm has developed proprietary organic electrolyte technology to increase energy density and therefore enhance storage capacity. It claims its technology will enhance the performance of flow batteries with a significant reduction in the investment cost ... Read more ›
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London-based fintech CapRelease has completed a $36m (£27m) funding round to accelerate its growth in the embedded finance market. Founded in 2023, CapRelease provides flexible capital to ecommerce retailers across all sectors. Rather than basing its loans on credit scores, the platform uses real time data from logistics partners, sales performance, payment systems and consumer ... Read more ›
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Zilch has secured a new payments services licence that will allow it to develop in-house payment methods ahead of a major product launch. The firm said that the licence, granted by the Financial Conduct Authority (FCA), will remove its reliance on third-parties when building payment methods and new products. The licence has been secured ahead ... Read more ›
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Uber Eats has launched its new autonomous delivery robots in Leeds in partnership with Starship Technologies. The firms announced last month that they would be bringing robotic couriers to select UK locations this year, with the West Yorkshire city being the first. “It’s brilliant to see autonomous innovation supporting one of our busiest times of ... Read more ›
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Google DeepMind will open an automated research lab in Britain next year as part of an expanded partnership between the company and the government. Announced on Thursday, the lab will be run by a team of researchers to “harness technology and robotics to push forward cutting-edge work”. Built to be fully integrated with Gemini, Google’s ... Read more ›
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Tech Climbers has revealed its latest shortlist of the best performing product-led tech businesses in Greater Manchester that are making an impact. This week, the tech community gathered at the Cloud 23 cocktail bar in the heart of Manchester’s city centre as journalist Peter Stojanovic unveiled the 11 companies that made the official list and ... Read more ›
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Bolt Insight, the London-based market research company helping brands unlock consumer insights through AI-moderated research, has closed its £7m funding round led by Pembroke VCT with participation from 212, Active Partners, Velocity and TIBAS Ventures. The new funding will help to scale its BoltChatAI tool globally, in addition to funding the company’s next ambition to ... Read more ›
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EpilepsyGTx has closed a £24.8m series A round to advance the development of its single dose gene therapy for focal refractory epilepsy. The funding will enable the delivery of first-in-human phase 1/2a clinical trials to establish the safety and efficacy of the company’s lead gene therapy programme EPY201 in a broad population of patients with ... Read more ›
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Nu Quantum has closed its £45m series A funding round, signifying the largest ever series A in the quantum sector in the UK. The funding will accelerate Nu Quantum’s mission to reach fault tolerance by interconnecting quantum processors into a more powerful distributed quantum computer, driving the next phase of product development and deployment, and ... Read more ›
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The UK allocated £61.4B to defence tech investment in 2025, maintaining one of Europe’s largest defence budgets with a focus on naval and air upgrades, cyber capabilities and nuclear deterrence. A new report by Tracxn titled “European Defence Tech Report 2025: Is Europe’s Defence Tech Entering its Most Compelling Phase for Investors?” shows that the ... Read more ›
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Bristol-headquartered quantum algorithms company Phasecraft has been named as a finalist in the $5m (£3.75m) XPRIZE Quantum Applications challenge backed by Google. The XPRIZE Quantum Applications challenge was launched in March last year as a global competition funded by Google Quantum AI and the Geneva Science and Diplomacy Anticipator (GESDA) to generate quantum computing algorithms ... Read more ›
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Bristol-based battery tech startup Anaphite has raised £1.4m to boost its mission to decarbonise electric vehicle (EV) battery production by accelerating the industry’s shift to dry electrode coating. The sum is a combination of £700,000 in grant funding from the Innovate UK Investor Partnerships: Clean Energy and Climate Technologies competition, plus £700,000 of aligned investment ... Read more ›
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The UK’s trade association for the blockchain and cryptoasset industry has announced it will formally join its US counterpart as part of an expanded global network. CryptoUK said on Tuesday that it will join Washington DC-based The Digital Chamber to form an expanded global policy group under the US organisation’s umbrella. The two groups hope ... Read more ›
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Genomics in simple terms is the study of the genetic information of an organism or cell, but for those in the medical tech industry, it is a fundamental shift in the very concept of medicine. Where genetics may examine variations in a single gene to determine the cause of medical conditions, genomics looks at all ... Read more ›
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Scottish renewable energy tech firm Orbital Marine Power has secured a £7m investment to advance its international commercial projects. Headquartered in the Orkney Islands, Orbital Marine Power has developed technology to harness tidal energy along the UK coast to use as a source of renewable power. Designed to withstand the harshest of conditions, the company ... Read more ›
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The British Business Bank has agreed to invest £30m to the Invest in Women Taskforce’s Women backing Women fund. The taskforce was formed following the landmark Rose Review, which found that putting serious funding behind women entrepreneurs could not only help reduce the inequality female founders face, but also add significantly to the UK economy. ... Read more ›
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An international coalition of AI Safety Institutes coordinated by the UK is rebranding itself to reflect its focus on measurement and evaluation of AI models. The International Network of AI Safety Institutes, which includes Australia, Canada, the EU, France, Japan, Kenya, South Korea, Singapore, the UK and the US, will transition to the International Network ... Read more ›
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This week’s podcast guest is Catherine Lenson, chief operating officer of Phoenix Court, who discusses why well-defined corporate and investment culture supports a cohesive strategy, how different stages of investment come with drastically different needs and why sticking with a founder long-term is both rewarding and satisfying. Phoenix Court is a venture capital firm that ... Read more ›
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ONEHEALTH, a new cross-border health tech project run by Catalyst has been launched, backed by €10m (£8.7m) in funding. Led by Northern Irish startup supporting non-profit Catalyst, ONEHEALTH will bring together research organisations from both sides of the Irish border to address critical public health challenges through the development of pioneering technology. With a focus ... Read more ›
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Cases of fraud linked to open banking payments remain well below the wider industry average, despite the technology’s increased use and the rising rates of scams, new research has found. In its latest report on financial crime, Open Banking Limited (OBL) has found that fraud affecting open banking payments accounted for just 0.013% of transactions ... Read more ›
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Most popular sources
Business Insider
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29% 13 |
Gizmodo
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9% 1 |
CNET
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5% 3 |
MacRumors
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5% 4 |
Tom's Hardware
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5% 0 |
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13.12.2025 01:14
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