The UK government has shared plans to give regional mayors across England greater authority over innovation funding to shape investment around local growth and strengthen high-potential tech clusters. Under the new approach, mayors will take on a central role in directing the Local Innovation Partnerships Fund authorities and local leaders will have more influence. The ... Read more ›
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This week’s podcast guest is Anna Wallace, CEO of the Centre for Finance, Innovation and Technology, who discusses why so many SMEs fail to get the financing they need and what they can do to change this (listen to the very end to get this vital information). She also talks about how CFIT is helping to speed up the house-buying ... Read more ›
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IMU Biosciences has closed its Series A at over $53m (£40m) in an oversubscribed financing round co-led by IQ Capital and Molten Ventures. IMU is decoding the immune system to pioneer a shift in how diseases are understood and diagnosed. The firm uses a blood sample to measure over 100 million immune data points, creating ... Read more ›
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Investment group Northzone has appointed Sam Endacott as its latest London-based partner who will focus on applied and physical AI. Endacott joins the firm from Mistral and Wayve backer Firstminute Capital and will focus on early-stage investments from seed to Series B. “I am thrilled to join Northzone as a Partner and continue supporting the ... Read more ›
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As London gears up for another packed month of technology events, the global spotlight is once again turning towards the capital. June has become a marker in the international tech calendar, as London has become one of the key hubs where investors, founders, researchers, policymakers and major technology firms converge at scale. From the second ... Read more ›
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Laverock Therapeutics has been awarded two new grants totalling in excess of £2.2m to support the next generation of its gene-control platform development and expansion into additional non-oncology therapeutics areas. The biotech is developing disease-responsive advanced therapies through its programmable gene control technology. To date, Laverock’s gene-control platform has been demonstrated across therapeutic applications and ... Read more ›
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AI-powered insurance platform Sapiens is moving its company’s headquarters to central London, located in Holborn’s Space House. The Israeli tech firm’s agentic platforms help insurers automate the manual workflows surrounding insurance operations, improving execution efficiency and accuracy across policy underwriting, claims management, pricing and risk management, and billing. In addition to being the company’s global ... Read more ›
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Lune & Wild has raised £2m in a Series A funding round led by Guinness Ventures to scale production, expand its retail footprint and build on its mission to redefine what children eat. Lune & Wild is an organic baby and children’s food brand built on chef-crafted recipes, specialist paediatric nutrition and ingredient sourcing. The ... Read more ›
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Geordie AI, a London-based security and governance platform for AI agents, has raised a $30m (£22.3m) Series A round led by Balderton. The startup’s platform helps businesses to understand, secure and govern their AI agents, providing a real-time understanding of which agents exist, what they can access, how they behave, and the risks they create ... Read more ›
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This week’s UK tech funding deals include AI scientific research lab Inherent, biomaterials company Mykor and more. UKTN tracked £102.7m worth of UK tech investment this week (25 May to 29 May), a 20% week-on-week decrease across six funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Inherent – £37.2m Sector: AI ... Read more ›
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The UK and France have signed a new science and technology deal that will provide funding for partnerships between research teams from the two nations. The agreement, announced by Tech Secretary Liz Kendall ahead of the upcoming G7 talks in Paris, will centre AI and data access to support technological innovation. In particular the agreement ... Read more ›
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The global photonics market is projected to exceed £1tn by 2030. While the UK’s 3.5% share might appear modest, that is still an £8.6bn sector employing more than 84,000 people across 1,400 companies. The Council for Science and Technology has recently warned however, that the UK is losing its window to lead. Industry experts have ... Read more ›
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MokN, a cybersecurity company specialising in anti-credential theft, has secured a $15m (£11.1m) funding round led by Google Ventures. The London-based company has developed a “Phish-Back” solution designed to outsmart attackers attempting to steal credentials by recovering them before they can be used. Among its methods is a ultra-realistic decoy access points that mimic the ... Read more ›
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Inherent, a London-based AI lab that aims to reinvent the scientific method, has emerged from stealth with a $50m (£37.2m) fund raise. Founded by former staff of DeepMind, Microsoft and the White House, Inherent is planning to create what it calls the playbook for AI-native science. It is building an AI system called Faraday, named ... Read more ›
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As much of the world scrambles to implement fast-moving data and compute strategies to secure their share of the AI dividend, the Middle East appears to be emerging as an ideal beneficiary. The governments of the GCC have been among the most aggressive investors in AI with tens of billions going towards infrastructure capacity. These ... Read more ›
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Perceptic has raised a $12m (£9m) seed round led by Accel, Air Street Capital and Elder Gull to accelerate its build of a single AI system to unify research, development and clinical decision-making across the drug lifecycle. Drug development remains a complex and labor-intensive process, with decades of proprietary data, decisions and institutional knowledge kept ... Read more ›
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In a world where it feels the government cannot put a foot right, there’s a danger it may soon march headlong into a tech minefield. Already imperilled in some eyes with an imminent leadership contest, two news snippets caught the eye, which may ultimately lead to a further public backlash if not tackled soon. First, ... Read more ›
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Orbital Industries has raised $50m (£37.3m) in Series B funding to scale its build of industrial hardware using AI. The firm designs, engineers and manufactures physical infrastructure using AI to accelerate how new technologies are discovered and brought to market. Instead of treating materials discovery, engineering and manufacturing as separate processes, it integrates them into ... Read more ›
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London has overtaken Paris and reclaimed its position as Europe’s leading tech ecosystem, according to the latest Dealroom Global Tech Ecosystem Index 2026. Ranked fourth globally, London remains one of the world’s top hubs as competition intensifies in the race to lead the next wave of AI and deep tech innovation. The capital’s return to ... Read more ›
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Ofcom has fined the adult content group Youngtek Solutions £600,000 for inadequate age verification in the latest action made since its powers from the Online Safety Act came into force. An investigation which took place in the second half of last year has found that across the four sites run by the company, Youngtek failed ... Read more ›
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28.07.2026 13:19
Last update: 13:11 EDT.
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