This week’s UK tech funding deals include autonomous driving software group Wayve, fashion re-selling platform The Little Loop and more. UKTN tracked £76.7m worth of UK tech investment this week (13 April to 17 April), a 45% week-on-week increase across seven funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Wayve – ... Read more ›
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Chris McCullough is the co-founder and executive director of product at Rotageek, a workforce management software provider that allows for streamlined and digital staff scheduling. In this week’s Founder in Five Q&A, McCullogh discusses professional resilience, why conviction to solve real problems is more important than quick wins and why you should be building for your ... Read more ›
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Leaders from UK Private Capital, an industry body representing British firms in the private equity market, have celebrated actions taken by the British Business Bank in support of the sector. This week the government-owned development bank announced a £60m commitment to Manchester-based private equity firm NorthEdge’s latest fund, in line with a recent mandate to ... Read more ›
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OpenAI and Microsoft have pledged to provide millions in new funding to the UK government’s AI Security Institute in support of its AI Alignment Project. The project is a flagship programme run by the institute that aims to coordinate internationally to establish global standards for AI safety, ensuring the most advanced iterations of the technology ... Read more ›
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British Business Bank is exploring investments in the private equity space through a new £60m commitment to NorthEdge IV. As part of the government-owned development bank’s new growth equity strategy it has been mandated to invest in private equity funds focused on backing smaller businesses. The mandate was given to the bank as part of ... Read more ›
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In this period of unprecedented cyber threat, it is more important than ever to understand the precise methods and sources of danger impacting both individual consumers and businesses. To that end, cyber safety brand Gen, which owns major cybersecurity brands including Norton AntiVirus and Avast, has compiled a threat report which has outlined the trends ... Read more ›
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Stacks, an agentic platform for enterprise finance, has raised a $23m (£17m) Series A funding round. The fintech group, which emerged from stealth last year with a $12m (£8.9m) seed investment, has built a platform that connects into finance systems to bring together fragmented data to provide a single, consistent view. It also offers AI ... Read more ›
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UK fintech ClearBank is accelerating its expansion across Europe with the appointment of former Uber executive Tristan Kirchner as its European chief executive officer. The Amsterdam-based executive has more than 20 years experience in the payments industry. As well as spending four years leading Uber’s payments function, he has held senior roles at Visa and ... Read more ›
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News laws requiring tech platforms to take down intimate images shared without the consent of the subject within 48 hours are set to come into effect. Through an amendment to the Crime and Policing Bill, online platforms could face fines of up to 10% of their worldwide revenue or even a total UK ban for ... Read more ›
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UK Research and Innovation (UKRI), the largest public research funder, has set out its first-ever AI strategy as the government doubles down on the technology. AI already forms a core element of UKRI’s plans, with a record £1.6bn of funding committed to directly funding the sector over the next four years in the recent Spending ... Read more ›
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Mondra, a group that tracks the environmental impact of supply chains, has merged with Austrian sustainability intelligence platform inoqo to form a unified global entity. London-based Mondra closed a £10m Series A funding round back in October 2025 and is now set to expand its capabilities significantly as it and inoqo attempt to forge global ... Read more ›
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Using open banking and AI technology to reform how credit is accessed by consumers could add as much as £7bn to the UK GDP a year, according to a new white paper. The report, produced by fintech group ClearScore, claimed that outdated models assessing the affordability of credit fuelled by incomplete data and regulatory risk ... Read more ›
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Fyld, a London-based AI company that analyses operational risks for dangerous worksites, is eyeing an expansion to its US operations as it announces a £32m funding round. First founded in 2020, Fyld is used in sectors such as construction and energy to provide real-time intelligence based on videos submitted to the platform by workers. The ... Read more ›
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SatVu, a London-based defence tech company using satellites for thermal intelligence operations, has raised £30m in a funding round that including backing from NATO. The company delivers high-resolution insights from in orbit satellites to government and defence customers. According to SatVu its thermal imagery captures day and night activity at 3.5m resolution, and is used ... Read more ›
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SurrealDB, a multi-model AI-native database company, has secured a new investment of $23m (£17m), welcoming new investors to its cap table. The company was founded to update database systems to meet the requirements of modern AI systems. Its latest iteration, SurrealDB 3.0 is designed to unify multiple data models into a single solution. Combining relational, ... Read more ›
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AI-powered medtech startup Klaris has raised a $1m (£730,000) funding round in support of its automated regulatory compliance platform for medical device companies. The London-based startup was founded to address the challenges of securing regulatory approval for new medical devices. Analysis from the FDA in the US found that 69% of devices are rejected on ... Read more ›
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Claims from Big Tech that AI’s climate benefits will be able to offset its environmental strain have been dismissed as greenwashing in a new report. The intense demands of water, land and energy required to run high-powered modern AI models have been a constant source of criticism for the technology. However, many industry figures in ... Read more ›
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Made With Intent, a Liverpool-based startup taking what it describes as a “Moneyball approach” to ecommerce, has raised £2.4m. Founded in 2023, Made With Intent has developed an AI-powered model that provides ecommerce sites with real-time customer insights. The model analyses hundreds of onsite signals, for example clicks to indicate and predict user intent. Made ... Read more ›
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British Business Bank has made a £45m cornerstone commitment to a fund from Redrice Ventures targeting £75m. Founded in 2018, Redrice Ventures specialises in seed-stage investments generally targeting “purpose-driven consumer brands” and related B2B technology. The London-based VC firm has set a goal of backing the UK’s creative sectors through its investments. Redrice said that ... Read more ›
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The government has launched a new campaign to protect businesses from cyber threats as data reveals the associated costs have reached £14.7bn a year. Business owners are being urged to “lock the door” on criminals, with the government issuing practical steps for organisations to shore up their defences. The campaign, which will appear across social ... Read more ›
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This week’s podcast guest is Efua Akumanyi, chief technology officer at Coding Black Females, who discusses her own entry into the world of software development as one of the few women on an AI degree, why so many women feel discouraged from entering the sector and how she re-dedicated her career to supporting black women ... Read more ›
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20.04.2026 16:34
Last update: 16:25 EDT.
News rating updated: 23:20.
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