This weekâs UK tech funding deals include AI engineering platform PhysicsX, tax software platform Record OS and more. UKTN tracked ÂŁ266.48m worth of UK tech investment this week (08 June to 12 June), a 44% week-on-week decrease across six funding rounds. Hereâs your weekly roundup of UK tech startup funding deals. PhysicsX â ÂŁ225m Sector: ... Read more âș
0
The UKâs data watchdog has taken action against SkyBet after accusing the gambling site of an âunlawfulâ use of cookies. The Information Commissionerâs Office said Sky Betting and Gaming was processing peopleâs personal information and sharing it with advertising technology companies as soon as they accessed the SkyBet website â before they had the option ... Read more âș
0
An investing app backed by the likes of Serena Williams and billionaire Facebook investor Peter Thiel has shut for business in the UK after reporting widening losses, UKTN can reveal. Soho-based Shares, which launched in the UK in May 2022 and completed a $40m funding round later that year, said it took the decision to ... Read more âș
0
Google has issued a rare rebuke against one of its biggest tech rivals after it accused Microsoft of âsignificantly impeding customer choiceâ in the UK cloud market. The search engine giant said Microsoftâs software licensing practices impose restrictions which ârisk irreversibly tilting the market in Microsoftâs favour at a pivotal momentâ and that âtechnical barriers ... Read more âș
6
British investment platform Freetrade today celebrated its first half-year of profitability after revenue surged by more than a third. Founded in 2016, Freetrade is an app for commission-free investing. The company reported ÂŁ13m in revenue for the period, a 34% surge compared with the first half of 2023. Gross profit hit ÂŁ12.3m, with Freetrade swinging ... Read more âș
0
Telecoms firms will be banned from using the word âfibreâ to describe their broadband offerings, the UKâs communications regulator has said, as it seeks to crackdown on misleading information for consumers. Ofcom has said âfibreâ must not be used on its own and broadband providers will now need to be clear and unambiguous about whether ... Read more âș
0
The move by the UK government to class data centres as critical infrastructureâat a time when pushback on construction and ongoing investment is happening in equal measureâcannot have come soon enough. If the past few months have taught us anything, itâs that how we address the problem of cybersecurity will play a pivotal role in ... Read more âș
0
Funding for UK spinouts could be back on the rise, with startups coming out of universities raising ÂŁ1bn in the first half of the year alone, new research reveals today. Investments in British spinouts have been steadily declining since the record high of 2021 when they brought in ÂŁ2.73bn, according to a new report published ... Read more âș
0
One of Britainâs biggest bakers has expanded the use of AI in its bread manufacturing process after striking a deal with software business IntelliAM AI. Hovis has signed fresh contracts with IntelliAM for its consultancy reliability services, which support reliability and stability in the manufacturing operation. The technology will be deployed across three large Hovis ... Read more âș
0
Generative AI-powered document processing firm Parble has been acquired by London-listed Netcall in a âŹ10m deal. The total consideration for the deal is up to âŹ8.7m, plus the assumption of âŹ1.1m net debt, for a total cost of âŹ9.8m (ÂŁ8.3m). That include âŹ4m payable if Parble achieves a revenue growth target from âŹ1.5 million at ... Read more âș
0
Accenture has unveiled a new initiative to close the skills gap in AI in the UK. The consulting firmâs new âRegenerative AIâ scheme promises to deliver education and mentorship for individuals of all ages, free of charge, across the UK to help over a million people build their AI skills. The programme will focus on ... Read more âș
0
The sale of collapsed EV firm Arrival has been delayed as potential buyers enter negotiations with administrators. EY, the administrators responsible for the UK arm of the former Nasdaq-listed group, said after receiving non-binding offers it has progressed to a due diligence phase of the sales process. According to the latest administratorâs report, the âtimeline ... Read more âș
0
This weekâs UK tech funding deals include drug discovery platform PhoreMost, ânature-inspiredâ insecticide group Solasta Bio, online independent food ecommerce service Delli and more. UKTN tracked ÂŁ106.5m worth of UK tech investment this week (09 September to 13 September), a 130% week-on-week increase across 12 funding rounds. Hereâs your weekly roundup of UK tech startup ... Read more âș
0
The firm behind plans for a huge new Hertfordshire data centre has said it will look to partner with a US tech giant in order to fund the ÂŁ4 billion development on an 83-acre site in South Mimms. James Craig, director of Griggs, the property developer behind a new joint venture known as DC01UK, yesterday ... Read more âș
3
The UKâs competition regulator has expressed its concerns over the proposed merger between telecoms giants Vodafone and Three. The Competition and Markets Authority today said it had provisionally concluded that the merger would lead to price increases for tens of millions of mobile customers, or see customers get a reduced service such as smaller data ... Read more âș
0
With a new government having taken their seats in the House of Commons, a wave of tech policy changes are on the cards. Labour ministers in the Department for Science, Innovation and Technology (DSIT) have already signalled their intention to hit the ground running, with a flurry of new announcements. This week, DSIT said it ... Read more âș
0
Transport for London has warned that some of its customersâ personal bank details may have been compromised after a cyber attack which took place earlier this month. Shashi Verma, TfLâs Chief Technology Officer, said: âWe identified some suspicious activity on Sunday 1 September and took action to limit access. A thorough investigation continues alongside the ... Read more âș
0
Delli, an online platform for sourcing independent food and drink launched by Depop founder Simon Beckerman, has raised $6m (ÂŁ4.6m). The startup was launched by Beckerman in 2022 alongside its chief executive Marie Petrovicka, formerly an executive at Depop. Having previously helped make second-hand clothes shopping cool again, Beckerman and Petrovicka have set their sights ... Read more âș
0
The UK government has contracted London-based startup Greenpixie to track the climate impact of its One Login service. Based near Covent Garden, Greenpixie provides usage-based sustainability data for cloud services. The startup, founded in 2021, has secured the contract from the Department for Science, Innovation and Technology (DSIT) as it looks to understand the environmental ... Read more âș
0
Mimecast founder Peter Bauer has led a ÂŁ1.8m investment round for Scotland-based video interviewing platform Willo. Founded in Glasgow in 2018, Willo is a video interview platform with which organisations can vet candidates without scheduling calls or in-person meetings. Job applicants record themselves responding to specific prompts that can be viewed at the companyâs discretion. ... Read more âș
14
Today, a company called DC01UK unveiled plans for a huge, billion-pound data centre in Hertfordshire, which promises to be one of the largest data centres in the UK. But who is DC01UK, and what precisely are their plans for the massive 83-acre site? UKTN had not come across DC01UK before. But we did some preliminary ... Read more âș
14
Most popular sources
ScienceDaily
|
0% |
Tech.co
|
0% |
Droid Life
|
0% |
VentureBeat
|
0% |
StartUp Beat
|
0% |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
16.06.2026 07:03
Last update: 06:56 EDT.
News rating updated: 13:56.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.