Liz Kendall has been named the new Secretary of State for Science, Innovation and Technology as part of a cabinet reshuffle spurred by the resignation of former deputy prime minister Angela Rayner. Kendall replaces Peter Kyle, who has served as Tech Secretary since the Labour came to power in July 2024. Kyle has been appointed ... Read more ›
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Oxford University spin-out OXCCU has named former BP Ventures managing director Nacho Gimenez as its chief operating officer. Gimenez has extensive experience as a leader in the energy sector covering commercial strategy, investment and technology innovation. In 2017, he joined BP Ventures and was later promoted to managing director, leading investments that accelerated the decarbonisation ... Read more ›
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Quantum Systems is to invest €50m (£43m) into UK operations over the next five years following the acquisition of Nordic Unmanned UK. The German startup develops AI-powered unmanned intelligence systems for defence, emergency services and industry. Quantum Systems will use the investment to fund infrastructure, local engineering and partnerships with UK providers. Plans include the ... Read more ›
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NRG Therapeutics has closed its oversubscribed £50m Series B round, which included an £8m investment from British Business Bank. NRG Therapeutics is developing novel treatments for severe neurodegenerative conditions, including amyotrophic lateral sclerosis (ALS), motor neurone disease (MND) and Parkinson’s. The Stevenage-based business is currently preparing to move into clinical trials following strong pre-clinical data, ... Read more ›
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A London-based biotech firm that aims to improve infant health with its research into the microbiomes of breast milk has raised £2.5m. BoobyBiome, a spinout from University College London (UCL)’s Great Ormond Street Hospital, was founded by a team of scientists looking to tackle infant health issues by improving the nutrition of their nourishment. The ... Read more ›
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This week’s UK tech funding deals include Cambridge-founded quantum computing giant Quantinuum, diagnostics firm Cyted Health and more. UKTN tracked £507.2m worth of UK tech investment this week (1 September to 5 September), a 475% week-on-week increase driven largely by the megaround secured by Quantinuum. Here’s your weekly roundup of UK tech startup funding deals. ... Read more ›
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Cardiff-based Space Forge has appointed a new chairman to help it accelerate growth and close a Series B funding round. Scott White’s appointment to lead Space Forge’s board of directors comes just several months after it closed a £22.6m Series A round investment round, the largest for a UK-based space tech firm. The company, founded ... Read more ›
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A Norwegian government-run climate fund has invested £5m in a British green tech company providing affordable and reliable power supplies to millions of people living in Africa. Sheffield-based MOPO, which provides sustainable energy supplies across several African nations, said it would use its Norfund investment to hire more people to accelerate the net-zero transition globally. ... Read more ›
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Pippa Harman is the co-founder and chief executive of Renude, an AI company that works with cosmetics brands to provide personalised skincare support. In this week’s Founder in Five Q&A, Harman discusses connecting with likeminded founders, preventing burnout by making time for yourself and understanding how you work best. What advice would you give to a ... Read more ›
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Investment group Plural has co-led a $34m (£25.2m) Series B funding round into Phasecraft, a Bristol-based quantum algorithms company. Founded in 2019, Phasecraft develops “hardware-agnostic” algorithms in partnership with the likes of Google Quantum AI, IBM, QuEra and Quantinuum – which this week raised over £400m. The new funding for Phasecraft brings the total amount ... Read more ›
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The boss of Britain’s national institute for artificial intelligence and data science is to leave the organisation later this year. Dr Jean Innes, CEO of the Alan Turing Institute, announced that she would be resigning from her role to coincide with the completion of the body’s “current transformation programme”. Her exit comes at a time ... Read more ›
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Quantinuum, the Cambridge and Colorado-based computing group, has hit a valuation of $10bn after securing a $600m (£445.6m) investment from backers including NVIDIA. Founded from a merger of Cambridge Quantum and Honeywell Quantum Solutions, Quantinuum has become one of the most advanced firms in the field. Described by its chief executive Raj Hazra as having ... Read more ›
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Many critics of AI technology rightly point to the enormous amounts of power required to train and run these systems. Even among those who accept how impactful AI could be for productivity, at a time when the world is already facing a catastrophic climate crisis, sceptics are understandably opposed to heavy investments into such an ... Read more ›
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The £13m refurbishment works on King’s House in Manchester City Centre to turn it into a modern working environment for innovative businesses have come to an end. The renovation project, led by property platform Bruntwood SciTech with the support of Bruntwood, L&G, and Greater Manchester Pension Fund, has generated 36,000 sq ft of modern office ... Read more ›
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A £360m joint investment package that will generate 180 new jobs has been signed by the UK and Saudi Arabian governments. The deal, unveiled by business secretary Jonathan Reynolds at the Great Futures Summit in London this week, focuses on clean energy and professional and financial services and will bring economic benefits to both countries. ... Read more ›
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A new industry body has been set up to showcase, support and accelerate investment in Britain’s automated aviation sector. The Airside Automation Group, revealed at the Cenex Expo 2025 in Bedfordshire yesterday, is the brainchild of the likes of Zenic, International Airlines Group (IAG), Heathrow Airport, Aer Lingus and Fusion Processing. The group has multiple ... Read more ›
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Tech Secretary Peter Kyle has called on investors and tech industry figures to “step up” and match the ambition of the government in AI, as investment figures are revealed. In a speech to City leaders and tech firms at Mansion House on Wednesday evening, Kyle celebrated government policy to advance AI, including efforts to cut ... 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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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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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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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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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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Most popular sources
Business Insider
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30% 0 |
Android Authority
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16% 12 |
MacRumors
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9% 6 |
TechRadar
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6% 4 |
CNET
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5% 5 |
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08.09.2025 13:50
Last update: 13:45 EDT.
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