So many technology books have been published this year, and I have had the pleasure of reading several dozen of them. Many were about AI (to no one’s surprise) and not all of those were very good (to no one’s surprise). But all those that make the list here were real page-turners worthy of your ... Read more ›
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Stora Software has raised a £1.3m in a funding round led by Investment Fund for Northern Ireland (IFNI). The Banbridge-based self-storage management solution firm plans to use the funds to accelerate sales and growth as well as target customers in new markets and locations, including Europe and the US. The company has already doubled its ... Read more ›
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Marshallow’s revenues jumped 75% in 2023 as the insuretech saw another strong year of growth. The London-based motor insurance business posted turnover of £184m for the year ended 31 December 2023. Losses for the year were cut by 98% from £16.1m to £208k. “The group has continued to grow rapidly in 2023,” Marshmallow said. “In ... Read more ›
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The UK Government has begun a consultation on clarifying copyright laws as it seeks to strike a balance between supporting the ambitions of AI businesses and ensuring protection and payment for content creators. The consultation also explores how creators can license and be remunerated for the use of their material, and how wide access to ... Read more ›
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A Californian startup is to list on the London Stock Exchange in a £97m deal, it was revealed today. Beverly Hills-based content licensing platform Verifyyed has been acquired by London-listed acquisition company Acceler8. Under the terms of the deal, Acceler8 will suspend its London listing before conducting a placing in order to raise between £10 and ... Read more ›
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Halocycle, a Hull-based technology scaleup which carries out advanced recycling of PVC and other chlorine containing plastics, was named KPMG’s UK Tech Innovator 2024. It is on a mission to use innovative technology to provide a solution to the plastics problem and have a dedicated team who have spent a combined 40 years searching for ... Read more ›
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This week’s podcast guest is Bianca Zwart, chief strategy officer at Bunq, who discusses the massive issue of fraud, how Brexit has affected the company’s UK operations and the exciting future of the banking sector. Bunq is a challenger bank founded in 2012. Zwart joined the firm in 2016 and worked across a handful of ... Read more ›
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Generative AI technology could increase inequalities, according to a new report from the Digital Poverty Alliance (DPA). The report, unveiled in parliament, found that across England, local authorities have no oversight of the use of AI in education, with children facing digital poverty vastly less likely to be able to use the technology. The DPA ... Read more ›
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The first codes of practice for tech firms operating in the UK have been published by Ofcom as the regulator prepares to implement online safety legislation. The watchdog published the first edition of its ethical guidance for digital businesses on Monday. The codes of practice have been released as part of the Online Saftey Act ... Read more ›
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Edinburgh-based health tech company Concinnity Genetics has closed an overscribed funding round worth £3m. Founded in 2023, Concinnity Genetics is a spinout developing novel gene therapies with control mechanisms. “Our ambition is to be the go-to partner for gene control to make gene and cell therapies as safe as possible,” said Jessica Birt, CEO and ... Read more ›
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This week’s UK tech funding deals include AI hyperscaler company Nscale, interactive 3D model builder Partful and more. UKTN tracked £132.5m worth of UK tech investment this week (9 December to 13 December), a 10% week-on-week decrease across three funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Nscale – £122.5m Sector: AI ... Read more ›
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Semiconductor researchers and companies are being invited by the British government on a mission to South Korea to build a collaborative research and development network. Announced by the Department for Science, Innovation and Technology (DSIT), those working in the microchip sector are being invited to apply for the trip that will see them work directly ... Read more ›
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The UK’s payments regulator is proposing a cap on cross-border card fees after expressing ‘concerns’ over recent hikes to fees by both Visa and Mastercard. The Payment Systems Regulator (PSR) is launching a consultation on implementing a price cap remedy, to prevent businesses from overpaying excessively high cross-border fees. Over the course of 2021 and ... Read more ›
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Danyal Özdüzenciler is the co-founder and CEO of Capsa AI, an automated operating system for the private equity industry. In this week’s Founder in Five Q&A, Özdüzenciler discusses working in an area you really understand, prioritising the right tasks and disconnecting from work and technology. What advice would you give to a first-time founder? My advice: ... Read more ›
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Private equity firm TA Associates is selling its stake in London-based Auction Technology Group (ATG) for £84.4m. The investor owns a 12.6% stake in ATG, amounting to 15,337,625 ordinary shares. TA Associates has agreed to sell the entirety of its interest in the company at a price of £5.50 per share, down 30% from the ... Read more ›
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Molten Ventures has cut the estimated value of its stake in Thought Machine, implying around a $1bn fall in the company’s valuation. In its half-year results, the British investor’s listed venture arm, Molten Ventures VCT, today said its shares in the London fintech had fallen in value by nearly 40% between March and September 2024 ... Read more ›
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Aurrigo International, a Coventry-based tech firm developing self-driving vehicles for the aviation industry, is looking to accelerate commercial sales timelines with a £5m injection. The AIM-listed firm said it was looking to raise a minimum of £5m through a share sale to new institutional investors and an additional £0.3m through an offering to retail investors. ... Read more ›
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Upvest is set to accelerate its expansion in the UK following a €100m (£83m) Series C funding round lead by Hedosophia. The German investment API business plans to hire up to 50 more staff in its UK office in a bid to strengthen its position in London. This comes after the firm received FCA approval ... Read more ›
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In September 2024 UKTN released a regional tech report in partnership with KPMG, Connected Innovation and Tech East shining a light on the Norfolk and Suffolk tech industries. To explore the topic further, UKTN brought together a group of local experts for a panel discussion on how the local community can supercharge the already impressive ... Read more ›
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The “traumatising” solicitation and creation of non-consensual deepfake pornography could be criminalised as Baroness Charlotte Owen takes a new Bill to its second reading. Speaking to UKTN, Owen said her private members’ Bill aims to address “gaping loopholes” in existing legislation, such as the Sexual Offences Act 2003. The Baroness said existing systems that require ... Read more ›
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15.05.2026 01:09
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