A London-based app business looking to become a “Shazam for art” has raised £1.5m in a funding round. Founded in 2015, Smartify is an app and digital platform that partners with leading arts and cultural institutions worldwide to enhance visitors’ experience with audio and visual guides. The firm said the investment will accelerate Smartify’s mission to ... Read more ›
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A platform seeking to to ditch “painful PDFs and old fashioned technology” from the wealth management industry has raised £4m in a funding round. The platform, which has over £200 million in assets under administration, is seeking to be at the forefront of transforming wealth management by combining innovative technology with expert financial insights. With ... Read more ›
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Raspberry Pi shares fell as much as 6% in early London trade after the computing firm said it expected to report a fall in earnings. The Cambridge-based business said it anticipated full-year EBITDA of not less than $36m for 2024, a drop of 17% compared to the previous year and below market expectations of $36m. ... Read more ›
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Poor levels of competition in the cloud market could be costing the UK hundreds of millions of pounds a year, a study by Britain’s competition regulator has found. The Competition and Markets Authority (CMA) said it had provisionally found that there are adverse market effects in cloud services provided in the UK, meaning that competition ... Read more ›
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Computacenter has said a planned rise in National Insurance Contributions (NICs) will cost it as much as £5m in 2025, highlighting the scale of the cost pressures that the tax hike will put on large employers in the sector. The Hatfield-based technology and services provider, which made the prediction in a trading update on Tuesday, ... Read more ›
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There are few Brits better positioned to give advice to startups than Robin Saxby. As the founding CEO of Arm, he led the firm from humble beginnings as a startup based out of a barn in Cambridge to be worth over $10bn. Though he left the company to retire in 2006, the foundations he laid ... Read more ›
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A London startup has become the UK’s most valuable AI business after hitting a $3bn valuation in its most recent funding round, according to reports. ElevenLabs, which produce AI-generated audio, hit the milestone just a year after achieving unicorn status in a previous funding round. According to a report by Tech Crunch, the company has ... Read more ›
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The UKTN Podcast is back with its third episode of 2025. This week’s podcast guest is Brian Mullins, the CEO of AI firm Mind Foundry. Mullins looks at the ethics of using AI, from how the technology should be used with precision in high-risk scenarios, as well as the economic implications of the US dominance ... Read more ›
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Climate market intelligence platform Sightline has secured a $5.5m (£4.4m) seed funding round as it charts a course for rapid expansion. The London-based business has built a platform that organizes the climate ecosystem, providing tactical research and insights, and bringing clarity to climate. It has already attracted more than 70 international clients, such as major ... Read more ›
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Accounting platform iplicit has unveiled a £25m investment from leading technology growth investor One Peak as it prepares to scale the business. The London-based company, has built a cloud accounting platform tailored for businesses that have outgrown basic entry-level systems or who have challenges with legacy on-premises vendors. By delivering the advanced functionality and performance ... Read more ›
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Britain’s most valuable technology company has doubled down on its presence in the UK after unveiling plans to expand into a new building in Cambridge. Chip designer Arm, which is worth $170bn based on its current share price, has signed a lease for the entire Optic building at British Land’s Peterhouse Technology Park which is ... Read more ›
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This week’s UK tech funding deals include HR platform Recfindr, security firm Vizgard and analytics platform Infinity. UKTN tracked £54m worth of UK tech investment this week (20th to 24th January), in our third funding roundup of 2025. Here’s your weekly roundup of UK tech startup funding deals. Recfindr – £300k Sector: HR HQ: London Round: Pre-seed ... Read more ›
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As the digital world advances, telecoms will play a key role as the UK looks to innovate and modernise. With a commitment to deliver gigabit-capable, reliable, and far-reaching digital infrastructure, the UK government aims to ensure that high-quality connectivity is available nationwide. This is expected to spark substantial improvements across key sectors and reinforce advancements ... Read more ›
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Shares in IQE rose as much as 10% in early London trade after the semiconductor company unveiled a new partnership to develop commercial quantum dot wafer supply chains for AI optical interconnects. The Cardiff-based business said the partnership with Quintessent, a California-based optical connectivity solutions business, had been backed by an initial purchase order of ... Read more ›
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HSBC is to shut its payments app Zing, the bank’s attempt at a rival to the likes of Wise and Revolut. The London-listed business said it took the move as part of its “simplification” strategy announced in October last year. The decision was first reported by Financial News. HSBC said: “Following a strategic review of ... Read more ›
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Checkout.com is ramping up its global expansion as it eyes full-year profitability in 2025. The London fintech is expanding to Japan, Saudi Arabia, Canada and Brazil in a bid to become one the top payment services provider in a number of new markets. It follows the creation of Checkout’s business account services, in which it ... Read more ›
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A London startup building a recruitment management system for employers has raised £300k in a pre-seed funding round. Recfindr is building the first all-in-one platform that gives hiring managers full control over the recruitment process, in a bid to reduce the time hiring managers take to fill these urgent roles by 50%. The firm, which ... Read more ›
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HR platform TalentMapper has raised £2m in funding to enhance its technology, expand its team and continue its growth. Founded in 2023, the London-based business uses AI and machine learning to help identify and develop the skills within an organisation. The company was founded by Martin Mason – a HR professional who had held senior ... Read more ›
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Shares in Tap Global rose as much as 16% in early London trade after the Blockchain business reported record revenues. The fintech firm, which offers integrated fiat payments and cryptocurrency settlement services, posted revenue of £1.8m for the latter six months of 2024, an increase of around 40% compared to the prior year, with growth ... Read more ›
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A London AI firm that offers real-time threat identification has raised £1.5m in an oversubscribed funding round. Founded in early 2021 by former Royal Navy submariner Alex Kehoe, Vizgard said it raised the funds to scale the business and become a global leader in AI vision automation, bridging critical gaps in camera-based defence and public ... Read more ›
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21.06.2026 04:57
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