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UKTN @ UK Tech News 1 place · 06/06/2025 10:00 EDT

UK tech funding roundup: This week’s deals from Believ to Kiin Bio

This week’s UK tech funding deals include EV charge point operator Believ, Supply chain analytics group Treefera and more. UKTN tracked £404.75m worth of UK tech investment this week (2 June to 6 June), a 682% week-on-week increase across 11 funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Believ – £300m ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 2 place · 06/06/2025 07:00 EDT

UK to open up crypto ETNs to retail investors

The UK’s financial regulator is proposing to lift the ban on offering crypto-backed exchange traded notes (ETNs) to retail investors in a potential boost for the blockchain sector. The first crypto ETNs listed in London were made available to UK investors last year, allowing the purchase of unsecured debt securities tracking the performance of Bitcoin ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 3 place · 06/06/2025 06:00 EDT

Tenyks founder: Timing is everything

Dr Botty Dimanov is the co-founder of Tenyks, a company that provides AI-delivered insights based on video feeds. In this week’s Founder in Five Q&A, Dimanov discusses why inflexibility can kill the success of new founders, how a background in mindfulness has helped his career and why few people understand the true purpose of CCTV. Which ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 06/06/2025 05:24 EDT

Amazon pledges to UK regulators to tackle fake reviews

Amazon has agreed to crackdown on fake reviews on its marketplace following new powers granted to UK regulators under the Digital Markets, Competition and Consumers Act (DMCCA) The US tech giant has told the Competition and Markets Authority (CMA) in the UK that it will be enhancing its existing systems for tackling fake reviews, which ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 06/06/2025 04:54 EDT

London’s Believ secures £300m for EV charge point rollout

Believ, an energy tech company based in London, has secured a £300m investment facility to install a minimum of 30,000 electric vehicle (EV) charge points across the UK. The UK is in the midst of a large-scale shift from petrol and diesel vehicles to EVs, with current plans aiming for the sale of fossil-fuel powered ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 06/06/2025 04:54 EDT

London’s Believ secures £300m for massive EV charge point rollout

Believ, an energy tech company based in London, has secured a £300m investment facility to install a minimum of 30,000 electric vehicle (EV) charge points across the UK. The UK is in the midst of a large-scale shift from petrol and diesel vehicles to EVs, with current plans aiming for the sale of fossil-fuel powered ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 06/06/2025 04:00 EDT

London Tech Week: Funding Circle CEO on driving startup investments

Lisa Jacobs, chief executive of Funding Circle and speaker at this year’s London Tech Week, discusses the funding gap for scaleup stage tech businesses in the UK and the role of financial regulation in addressing it. Is enough being done to address the UK scaleup funding gap? The UK has an established reputation as a ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 06/06/2025 03:00 EDT

FCA leads international crackdown on illegal ‘finfluencers’

The UK’s financial watchdog will lead a consortium of international regulators to tackle the recent phenomenon of illegal ‘finfluencers’. The Financial Conduct Authority (FCA) has been carrying out a targeted campaign against social media influencers promoting high-risk investments in areas such as forex and cryptoassets since 2022. The FCA has so far made three arrests ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 06/05/2025 11:22 EDT

Brandwidth tapped to build Thames Uber Boat app

Customer experience agency Brandwidth has partnered with Uber Boat by Thames Clippers to design and develop a new native mobile app on iOS and Android. The native mobile app, available now via the App Store and Google Play, will allow users to buy tickets, plan journeys and access the River Guide. The app will service passengers ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 06/05/2025 10:16 EDT

Businesses turn to threat sharing to fend off hackers

In an extremely competitive tech industry, firms can be eager to keep company secrets close to their chests. However, amid the flurry of stories detailing cyber-attacks and data breaches against some of the country’s most recognisable brands, businesses of any size may have to consider the unthinkable, sharing company secrets with the competition. In the ... Read more

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UK Tech News
Tim Mills @ UK Tech News · 06/05/2025 06:00 EDT

The UK’s (secret) startup problem

It’s no secret that the UK has a long-term growth and productivity problem. The Office for Budget Responsibility (OBR) recently revised its GDP growth forecast for 2025 downward, from 2% to 1%, reflecting the negative impact of domestic business policies and the continued instability in global markets. Against this backdrop, the government – like so many ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 06/05/2025 05:14 EDT

AI drug discovery startup Kiin Bio secures pre-seed funding

A life science startup developing a “virtual scientist” drug discovery platform has secured a pre-seed investment of £1.6m. Kiin Bio said the new investment would allow it to launch its platform using generative AI to speed up the process of developing new treatments. The drug discovery market has been a major adopter of automated technologies ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 06/05/2025 04:44 EDT

Wise switches primary listing to US in blow to London

London-listed fintech group Wise has announced its intention to move its primary public listing to New York in a potential blow to the UK public markets. Announced in the company’s results for the year ended March 2025, Wise said it would be seeking a dual listing in the US to “accelerate our mission and bring ... Read more

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UK Tech News
Jessica Nangle @ UK Tech News · 06/05/2025 04:30 EDT

Glasgow’s IES creates DSM tool for Gibraltar

The Gibraltar government has enlisted climate tech company IES to create the territory’s first dynamic simulation engine for compliance with local building regulations.  Glasgow-based IES has unveiled a bespoke Dynamic Simulation Modelling (DSM) tool to help building professionals meet Gibraltar’s Part F energy regulations for new buildings and extensions. The modelling platform was funded through ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 06/05/2025 04:00 EDT

Science minister doubles down on Oxford-Cambridge Silicon Valley plan

Science Minister Lord Vallance has doubled down on calls to promote and develop the area connecting Oxford and Cambridge into “Europe’s Silicon Valley” in an address to major industry figures in the region. Speaking at the OxCam Supercluster Conference on Thursday, Vallance made the case for supporting previously announced intentions from the government to bet ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 1 place · 06/05/2025 03:00 EDT

AI demand drives surge in tech job listings

Tech job vacancies in the UK have grown 21% in the past year, driven in part by a surge in demand for AI professionals, new research has found. Specific demand for AI skills from UK firms has skyrocketed by almost 200% year-on-year, according to Accenture’s latest UK Tech Talent Tracker. The report, which tracks tech ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 06/04/2025 08:00 EDT

UK government launches model to accelerate business AI adoption

The UK government has launched an “evidence-based model” aimed at speeding up the adoption of AI across the economy. Based on the earlier launch of Assist, a bespoke generative AI tool designed for the Government Communication Service (GCS), the new model will encourage AI implementation to meet – what the Cabinet Office has described as ... Read more

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UK Tech News
Leo Labeis @ UK Tech News · 06/04/2025 06:00 EDT

Backing RegTech now will secure London’s future as a fintech hub

London has long been a cornerstone of global finance and a leading fintech hub. It was only a couple of months ago that the Z/Yen Global Financial Centres Index showed the UK capital was closing the gap on New York. But recent developments make clear that the race is far from over. Paris has just ... Read more

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UK Tech News
Jessica Nangle @ UK Tech News · 06/04/2025 05:23 EDT

Employee benefits platform Epassi Group acquires Zest

Employee benefits platform Epassi Group has expanded its UK presence with its latest strategic acquisition of Zest. Founded in 2004, Zest is a SaaS platform that helps employers manage, communicate, and expand their employee benefits offering. Zest complements Epassi’s existing operations in the UK and will expand the product suite available to existing and new ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 06/04/2025 05:17 EDT

Revolut launches ATMs to tap into cash-reliant markets

Revolut will open dozens of physical ATM cash machines in a pilot programme to expand its use in cash-reliant markets. The London-headquartered fintech will launch an initial 50 machines distributed between Madrid and Barcelona, with an additional 150 units to be deployed in other major hubs including Valencia and Málaga. Revolut chose to start its ... Read more

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08.06.2025 23:34
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