This week’s UK tech funding deals include AI infrastructure for the auto sector group Partly, human resources tech company HR Duo and more. UKTN tracked £166.65m worth of UK tech investment this week (22 June to 26 June), a 49% week-on-week increase across nine funding rounds. Here’s your weekly roundup of UK tech startup funding ... Read more ›
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Manchester-based legal tech firm Summize has acquired the staff and key assets of the US firm InnoLaw Group. The deal will absorb Seattle-based InnoLaw’s core personnel and intellectual property into Summize’s implementation wing. The consolidation aims to meet the growing corporate demand for human implementation support alongside automated AI contracting services. The financial details of ... Read more ›
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The Information Commissioner’s Office (ICO) has warned of a number of shortfalls in the data protection policies of edtech tools in UK schools. The UK data regulator recently published its Edtech examined report, outlining how it has worked with edtech providers to review and improve data protection practices within the sector. Though the ICO noted ... Read more ›
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AIM-listed biotechnology company Thalia Therapeutics has announced the acquisition of US-based oncology firm Sanmirna Therapeutics alongside an oversubscribed £2.75m fundraise. The deal will see Thalia acquire Sanmirna for an initial consideration of just under £4m, with deferred milestone payments potentially adding up to a further £13m. The acquisition pivots Thalia from a drug delivery firm ... Read more ›
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As the UK moves towards its under-16s social media ban it must learn from the shortfalls of the system already implemented in Australia, according to an age verification expert. A recent study published by the BMJ found that as many as 85% of under-16s are still using social media in Australia since its own ban ... Read more ›
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HR Duo has secured a €1.6m (£1.4m) funding round led by existing key investor Puma Growth Partners and strong support from Enterprise Ireland. The firm’s platform is the integrated control point where HR, compliance and workforce management converge, bringing together time and attendance, rostering, employment relations and compliance intelligence in a single system. HR Duo ... Read more ›
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The Bank of England recently announced several major updates to the regulatory framework for sterling-backed stablecoin digital currencies. In many ways these updates were a capitulation to an industry that has warned of overly cautious and restrictive rules hurting the British stablecoins chances of being competitive. The key changes included the scrapping of the previously ... Read more ›
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Over the past decade, Tech London Advocates and UK Tech Advocates groups have championed the UK technology sector through six Prime Ministers and a revolving door of ministers responsible for technology and innovation. That’s a level of political turnover that would be unusual in most countries, but sadly it has become something of a constant ... Read more ›
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The UK government has pledged an additional £53m for the Farming Innovation Programme (FIP), bringing total funding to £123m this year. The investment includes dedicated funding rounds focused on robotics and soil health and water management.  Delivered in partnership with Innovate UK, FIP helps farmers, growers and businesses turn new ideas into real-world solutions. The ... Read more ›
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UK Finance is supporting Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander to develop a financial services-led digital verification service. Many online processes still require customers to repeatedly verify who they are, often through sharing multiple physical documents or information to confirm a single detail such as their age or address. ... Read more ›
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The British Business Bank is committing up to £90m to support a new generation of UK venture capital fund managers, marking the first investments under the microfunds segment of its £400m Investor Pathways Capital initiative. The Bank will act as a cornerstone investor in ten new microfunds – Evertrue Capital, Common Ventures, Openseed VC, The ... Read more ›
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UK asset finance platform equipal has secured £16.25m in a combined equity investment and forward flow facility from Altum Capital Management. The deal consists of a £1.25m equity injection alongside a £15m forward flow facility, composed of initial full lease funding and contingent junior funding. The London-headquartered fintech operates a proprietary point-of-sale platform embedded with ... Read more ›
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Google is to face an 11-week trial in legal action for over £1bn in damages brought on behalf of thousands of UK app developers who were allegedly overcharged for using Google’s Play Store. In May 2025, the Competition Appeal Tribunal authorised Professor Barry Rodger to bring the case on behalf of UK app developers on ... Read more ›
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Starling Bank has launched a new AI-powered scam feature that can detect romance scams and prevent victims from transferring money. The scam intelligence AI agent is part of Starling Assistant, launched by the bank in March 2026, which lets customers use voice or natural language to ask questions about their money and plan actions like ... Read more ›
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Partly, creators of the Interpreter AI model for the automotive repair supply chain, has raised $50m (£38m) in Series B funding and announced its launch into the US market. Partly builds frontier AI for parts as core infrastructure for the automotive industry. Interpreter is the result of five years of training on human feedback and ... Read more ›
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Bristol-based deep tech firm Astral Systems has secured a £23m Series A round led by Mercia Ventures. Astral Systems has created and commercialised a multi-state fusion technology – a new type of nuclear fusion that could tackle the fragile supply chain and potential global shortages of medical radioisotopes that impact cancer diagnosis and treatments. With ... Read more ›
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New legal requirements on how businesses and organisations handle data protection issues have today come into force. From Tuesday, organisations operating in the UK are required to give people a clear way to raise a data protection complaint, acknowledge it within 30 days, investigate it appropriately and communicate the outcome. According to the UK data ... Read more ›
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Founding and running a startup may seem like quite a different task to a leadership position in an established multi-billion pound company, but in many cases for those whose startup has been acquired, it is a necessary transition. This was very much the case for Ivan Maryasin, who in 2020 founded the fintech startup Monite, ... Read more ›
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Louis Taylor will step down as the chief executive of the government-owned investment body the British Business Bank after four years at the helm. Taylor became the chief executive of the group in 2022. Under his leadership the bank has grown significantly, having recently been mandated with a major role in the government’s economic growth ... Read more ›
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Biotech firm Trimtech Therapeutics has raised an additional $14m (£10.6m) in seed funding, bringing the total for the round to $47m (£35.6m). Trimtech Therapeutics is creating novel, highly selective, small molecule targeted protein degraders to combat neurodegenerative and inflammatory diseases. With over 55 million people affected by Alzheimer’s disease and millions more diagnosed with other ... Read more ›
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28.06.2026 19:45
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