London-listed gene therapy company Oxford Biomedica has brought on pharmaceutical executive Colin Bond as a board member as Leone Patterson steps down.Ā Bond, who will join the life sciences firm in January 2025, started his career as a pharmacist and management consultant at firms including Procter & Gamble, Arthur Andersen and PwC.Ā More recently, Bond ... Read more āŗ
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The fast-paced nature of the UKās tech ecosystem means that end-of-year reviews can often feel like outdated, box-ticking exercises that get in the way of more important tasks ā especially for tech companies striving for growth. However, as the shift to hybrid working continues to blur the boundaries between our personal and private lives, itās ... Read more āŗ
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Aquis-listed AI company Kondor AI has suffered further delays in its proposed acquisition of carbon credit trading app Ora Technology.Ā Kondor, which listed on the challenger exchange in 2023, first proposed a purchase of the entire issued and to be issued share capital of Ora, also listed on the Aquis exchange, in September, but the ... Read more āŗ
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This weekās UK tech funding deals include AI-native platform Tessl, microplastics replacement startup Naturbeads, running app Coopah and more. UKTN tracked Ā£131.2m worth of UK tech investment this week (11 November to 15 November), a 710% week-on-week increase across eight funding rounds. Hereās your weekly roundup of UK tech startup funding deals. Tessl ā 98.6m ... Read more āŗ
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University of Bath spinout Naturbeads has secured a Ā£7.8m Series A funding round as it looks to address global microplastic pollution. As more and more research reveals how pervasive microplastics have become in the environment, Bath-based Naturbeads is scaling its cellulose microsphere technology designed to replace the use of plastics in everyday products. According to ... Read more āŗ
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Spinout businesses ā born out of university research ā are in the spotlight and itās encouraging to see the government place these innovative companies at the heart of its growth agenda. Labourās manifesto, the draft industrial strategy, and the Budget allĀ includedĀ a commitment to supporting university spinouts to drive growth, jobs, and have real-world impact. Spinouts ... Read more āŗ
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Steve Salvin is the founder and CEO of Aiimi, a startup based in Milton Keynes that provides enterprise clients with AI data insights. In this weekāsĀ Founder in Five Q&A, Salvin discusses being yourself instead of what you think a CEO āshouldā be, being honest with your team and ditching jargon for a clear and effective ... Read more āŗ
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ActiveOps is seeking to scale up its marketing team as the decision intelligence business eyes further growth in the year ahead. The Reading-based business, which offers AI-powered data analytics to healthcare and financial services customers, said it was looking to make a number of new hires to accelerate customer acquisition. Five new team members joining ... Read more āŗ
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A host of the biggest names in UK tech have thrown their weight behind plans unveiled by Rachel Reeves to create pensions āmegafundsā with the potential to invest in fast-growth businesses. Top tech organisations including Startup Coalition, Founders Forum and Tech Nation have backed the plans, which will see the creation of eight funds through ... Read more āŗ
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The founder of Snyk has raised $125m after completing a series A funding round for a new AI software development platform. Guy Podjarny, who founded London-based cybersecurity firm Snyk in 2015 and saw it hit a $7bn valuation in 2022, has built London-based AI firm Tessl to āreimagine software creation from the ground up.ā āWeāre ... Read more āŗ
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Coopah, a run coaching app, has announced a Ā£1.5m funding round, backed by pro-athlete Alistair Brownlee MBE and sports agent Ricky Simms. Founded in 2022, Coopah is an AI-powered run coaching app designed to help its users get closer to reaching their goals with every run, aiming to reduce the 58% of new runners who ... Read more āŗ
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The world has become obsessed with AI. Investors, developers, founders and politicians have repeatedly declared the rapidly advancing space will come to dominate the tech industry in the years to come, with major pressure on nations worldwide to ensure they get their share of the pie. The UK in particular has made no secret of ... Read more āŗ
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London has been named Europeās top city for life sciences and third globally in a new report from MedCity. According to the cluster organisation focussed health technology, London was given the highest rank in Europe for its contributions to life sciences, beating out the likes of Amsterdam, Munich and Paris. The groupās Global Cities Comparison ... Read more āŗ
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Deceptive AI-generated content amplified conspiracy theories and harmful narratives amid numerous major elections, according to a new report from the Alan Turing Institute. The artificial intelligence research organisation conducted a year-long study to view how the rise of generative AI tools might have impacted the democratic process in a year that saw a significant number ... Read more āŗ
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In an effort to tackle the dearth of digital and technical skills commonly said to be holding back the British economy, the government is launching a Ā£500m skills drive, funding thousands of new advanced degrees in science and technology. Alarms have been sounding over the demand for the highly skilled talent needed to continue UK ... Read more āŗ
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A biotech firm backed by University College London (UCL) tech developing a new treatment for amyotrophic lateral sclerosis (ALS) has launched with a $101m (Ā£79m) Series A. Trace Neuroscience was co-founded by UCL molecular neuroscience professor Pietro Fratta and Stanford University genetics professor Aaron Gitler. The company is developing nucleic acids with the aim of ... Read more āŗ
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Metro Bank has been fined Ā£16m by the UK financial regulator due to inadequate criminal transaction monitoring. The Financial Conduct Authority (FCA) handed the bank the fine over its failure to adequately monitor more than 60 million transactions, worth over Ā£51bn, for money laundering risks. The inadequate anti-money laundering monitoring took place between June 2016 ... Read more āŗ
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This weekās podcast guest is Chris Morris, co-founder and COO of Sustainable Ventures, who discusses why entrepreneurs canāt wait for government support to make advancements in climate tech, why the Labour governmentās actions on climate solutions have left him pleasantly surprised and why the best climate solutions need to meet consumer needs. Sustainable Ventures is ... Read more āŗ
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Ooodles, a London-based fintech focused on offering SMEs flexible renting of IT equipment, announced its first international expansion to Ireland. The startup also announced a $2.7m (Ā£2m) funding extension from Ältitude VC, Europeās first SME tech fund, backed by existing investors and Traditum. The company claim that the funding will enable it to double down ... Read more āŗ
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The tech department is rolling out online identity cards for veterans as it expands the role of digital identification.Ā Dubbed the Digital Veteran Card, the online alternative to the ID used by former army and navy personnel to access special services. Announced alongside Remembrance Sunday, the Digital Veteran Card is part of the governmentās ambition ... Read more āŗ
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21.06.2026 14:42
Last update: 14:30 EDT.
News rating updated: 21:30.
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