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UK Tech News
Oscar Hornstein @ UK Tech News 1 place · today 10:45 EDT

Climate tech holds a unique place within the UK’s wider tech industry. It is one of the best-funded subsectors in UK tech, but also one of the toughest areas for firms to scale to the later-stages. It is a significant economic opportunity, but also an industry attempting to deal with the greatest global crisis the ... Read more

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29.07.2025 ♋︎ Dear Cancer, today promises a busy and multifaceted day, with each area of your life... Read more ›
UK Tech News
Oscar Hornstein @ UK Tech News 2 place · today 07:14 EDT

Biotech Centauri Therapeutics receives £3.8m follow-on funding

Cheshire-headquartered biotech company Centauri Therapeutics has received $5.1m (£3.8m) in funding to support the development of its lead compound. Based in Alderley Park, Centauri specialises in immunotherapy drug discovery and is currently working on the development of its ABX-01 programme, a broad-spectrum antimicrobial selected to combat clinically prevalent drug-resistant bacteria. In support of this, the ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 3 place · today 05:05 EDT

Government offers regional leaders £30m to drive local tech

Regional leaders in the four UK nations are being offered £30m to support local science and tech specialties as part of a government fund to drive innovation throughout various hubs. The latest regions set to receive backing from the £500m Local Innovation Partnerships Fund – first announced during last month’s Spending Review – are the ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · today 04:19 EDT

Wise votes in favour of US listing despite share class controversy

The shareholders of fintech group Wise have voted overwhelmingly in favour of approving plans to move its primary public listing to the US, despite a controversy surrounding the vote. The resolution passed with 90.58% of Class A shares and 84.55% of Class B shares voting in favour. “We’re pleased that our owners have overwhelmingly approved ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · today 03:00 EDT

Urgent overhaul of UK AI infrastructure needed, report warns

The UK must urgently upgrade its AI infrastructure to protect both its national and economic security, according to a new report from the Tony Blair Institute. According to research from the group, the UK is in danger of falling behind in the AI race, controlling just 3% of global computing power required to support an ... Read more

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UK Tech News
UKTN @ UK Tech News · today 01:00 EDT

Europe’s place in the global tech sector, Michelle Robson, Odyssey Ventures

This week’s podcast guest is Michelle Robson, founding partner at Odyssey Ventures, who discusses her journey from chemical engineering grad to launching a venture capital firm, the qualities she looks for in a founder seeking investment and Europe’s place in a tech landscape dominated by Silicon Valley.  Odyssey Ventures is a venture capital group based ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/28/2025 10:58 EDT

Cyber group DynaRisk raises £3.5m to fuel international expansion

Cyber risk management firm DynaRisk has announced a $4.7m (£3.5m) funding round to fuel its international expansion. Founded in 2016 by Andrew Martin, a former banking sector cybersecurity expert and self-taught hacker, DynaRisk provides insurers with the tools and data required to offer cyber insurance. Businesses have been under increased threat from cyber attackers, increasing ... Read more

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UK Tech News
San Datta @ UK Tech News 1 place · 07/28/2025 09:00 EDT

AI governance and data sovereignty are reshaping tech M&A

After years of explosive growth, the tech mergers and acquisitions (M&A) market has cooled – but not in the way many expected. The slowdown hasn’t solely been driven by macro headwinds or interest rates; it’s structural. Governance and regulation have increasingly moved to the deal table, influencing which transactions go ahead, how fast, and at ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/28/2025 07:28 EDT

Autonomous shuttle projects secure government funding

Autonomous shuttle and baggage transportation services from firms including Wayve, Oxa, Aurrigo and UPS are set to receive government funding as part of a self-driving vehicle support programme. The projects will receive funding from the £150m Connected and Automated Mobility (CAM) Pathfinder initiative launched as part of the recent Industrial Strategy. The scheme aims to address ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/28/2025 05:25 EDT

Ex-Cabinet Office director tapped to lead Oxford Quantum Circuits

Gerald Mullally, who spent almost a decade as a director in the Prime Minister’s Office and Cabinet Office, has been named the new chief executive officer of Oxford Quantum Circuits. Mullally, who has also held an advisory role to the Irish government and positions at consultancies Accenture and PwC, will become the permanent CEO of ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/28/2025 04:38 EDT

UK Space Agency backs climate monitoring satellite with £15m

The UK Space Agency has provided a £15m investment for the MicroCarb satellite, a joint initiative from Britain and France to monitor climate data. Launched over the weekend via the Vega-C rocket from French Guiana, the MicroCarb has become Europe’s first dedicated carbon dioxide monitoring satellite in what the UK Space Agency has described as ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/28/2025 03:00 EDT

Palatine-backed Cura Terrae acquires Scottish climate consultancy

Cura Terrae, an environmental services company backed by private equity group Palatine, has ramped up its expansion plans with the acquisition of Scottish climate consultancy EnviroCentre. Founded in 2022, Sheffield-based Cura Terrae works with corporate clients to ensure they are meeting environmental requirements. The acquisition of EnviroCentre, with locations in Glasgow, Edinburgh, Inverness and Aberdeenshire, ... Read more

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UK Tech News
UKTN @ UK Tech News 1 place · 07/25/2025 10:00 EDT

UK tech funding roundup: This week’s deals from Sunsave to NZN

This week’s UK tech funding deals include solar panel subscription service Sunsave, stock trading app Lightyear and more. UKTN tracked £179.3m worth of UK tech investment this week (21 July to 25 July), a 131% week-on-week increase across seven funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Sunsave – £113m Sector: Energy/climate ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 2 place · 07/25/2025 07:00 EDT

Energy startup Fuse enters gas market with £7.4m investment

Fuse Energy, a power provider founded by a former executives at Revolut, has secured a new £7.4m investment as it enters the gas market. Launched in 2022 with a focus on low-carbon energy sources such as solar and wind, Fuse grew rapidly, adding 50,000 homes to its customer base since launch. Though it has historically ... Read more

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UK Tech News
Jessica Nangle @ UK Tech News 3 place · 07/25/2025 06:00 EDT

Founder in 5: Wype CEO on the power of networking

Wype is revolutionising the personal hygiene category by redefining how people think about and care for their health, starting with what they call “bottom care.” The firm was co-founded by Giorgia Granata and Eli Khrapko as they sought an eco-friendly solution to wet wipes to give, as they describe, a “bidet-clean feeling on the go”. ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/25/2025 05:05 EDT

UK public data project gets £168m boost

A long-running public sector data scheme has received a £168m funding boost via UK Research and Innovation (UKRI). Administrative Data Research (ADR) UK is a project that first launched in 2018 with the goal of using data to gain insights on a wide range of policy topics from the cost of living to cancer diagnostic ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/25/2025 04:00 EDT

Satellite tracking startup Spaceflux scores £5.4m investment

Spaceflux, a satellite tracking startup from London, has closed a £5.4m funding round as it works towards growing its global telescope network. Founded in 2022, Spaceflux develops surveillance and tracking technology for satellites and in-orbit debris, most notably its AI-powered optical sensor system. Originally launched to work with the UK Space Agency and the Ministry ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/25/2025 03:00 EDT

Online Safety Act: New rules come into force today

New laws determining the responsibility of digital platforms to protect vulnerable users under the Online Safety Act come into force today. The act, which received Royal Assent back in October 2023, has been phasing in the enforcement of its new requirements. In the spring, the portion of the act that requires digital platforms to take ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/24/2025 09:00 EDT

UK crypto ambitions clash with banking barriers

A vast proportion of the British crypto and blockchain industry remains shut out of traditional banking, despite the drive to establish the UK as a leading hub. The Treasury, Bank of England and the Financial Conduct Authority (FCA) have all, to varying degrees, acknowledged the UK’s leadership in digital finance and have expressed intentions that ... Read more

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UK Tech News
Jessica Nangle @ UK Tech News · 07/24/2025 08:06 EDT

Innovate Finance: UK fintech remains strong

New analysis from Innovate Finance, revealed that in a backdrop of stabilised global fintech investment, UK fintech companies continue to outperform on core business metrics. The latest data from the industry body representing UK fintech, revealed that following a prolonged period of contraction, the global fintech sector is stabilising – marking the end of the ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/24/2025 07:00 EDT

BSI publishes ‘world first’ international standard for AI audits

The British Standards Institute (BSI), a Royal Charter organisation that issues technical standards for businesses and professionals, has published what it describes as the “world’s first international standard” for the use of AI in audits. The advent of generative AI technology has presented accounting professionals with a powerful tool that, when deployed well, can massively ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/24/2025 05:17 EDT

Stock trading app Lightyear closes £17m Series B

London-based investment platform Lightyear has closed a $23m (£17m) Series B round as it confirms it has reached $1bn in customer assets. Founded by Martin Sokk and Mihkel Aamer, two early employees of cross-border payment company Wise, Lightyear is a platform offering access to investments such as stocks, ETFs and money market funds. It also ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/24/2025 04:39 EDT

FTSE 250 fintech acquired by US firm in £1.8bn deal

Alpha Group, a London-listed fintech, has agreed terms on a cash acquisition that will see it acquired by Atlanta-based financial services group Corpay for £1.8bn. The takeover agreement, which will see Corpay purchase Alpha shares for £42.50 each represents a significant premium, worth 55% more than Alpha’s undisturbed share price of £27.45 as of May ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/24/2025 03:00 EDT

Nottingham’s NZN secures £5m to tackle harmful fertilisers

Nottingham-based agtech group NZN – short for NetZeroNitrogen – has secured a $6.6m (£4.8m) seed investment to fuel its mission to reduce reliance on harmful fertilisers. Founded in 2022, NZN is developing a biofertiliser that uses endophytic bacteria to replace the agricultural industry’s reliance on synthetic nitrogen fertilisers, a commonly used product that has been ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/23/2025 10:17 EDT

Wise US listing in doubt as advisory firms scrutinises terms

Wise’s plans to switch its primary public listing to the US have been thrown into doubt as multiple advisory firms have expressed concern over the terms of the move. Earlier this week Wise co-founder Taavet Hinrikus – via Skaala Investments OÜ, a company he owns that holds significant shares in Wise – said he was ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/23/2025 06:51 EDT

UK competition regulator targets app store duopoly

The UK’s competition regulator is targeting the duopoly in the mobile app market held by Apple and Google with new proposals aimed at spurring on competitive practices. The Competition and Markets Authority (CMA) on Wednesday proposed that both Apple and Google be designated as having strategic market status (SMS) in the app store industry – ... Read more

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