This week’s UK tech funding deals include AI engineering platform PhysicsX, tax software platform Record OS and more. UKTN tracked £266.48m worth of UK tech investment this week (08 June to 12 June), a 44% week-on-week decrease across six funding rounds. Here’s your weekly roundup of UK tech startup funding deals. PhysicsX – £225m Sector: ... Read more ›
0
London challenger bank OakNorth has secured approval from US regulators for a Representative Office, allowing the firm to market its products in the States. The fintech unicorn announced on Tuesday its application had been authorised by the Federal Reserve and the New York State Department of Financial Services. OakNorth, which in March posted a pre-tax ... Read more ›
0
Sunswap, a clean tech startup aiming to decarbonise the cold chain by manufacturing a refrigeration system that breaks free from what it calls “legacy” technology, has secured £17.3m. The company, based in Leatherhead, Surrey, has built an ‘Endurance’ unit for articulated lorries, which are large vehicles consisting of two main parts: a tractor unit and ... Read more ›
0
This week’s UKTN Podcast guest is ScotlandIS CEO Karen Meechan. In this episode, Meechan discusses how a shortage of digital skills is holding back an otherwise thriving tech ecosystem in Scotland. Meechan has worked with ScotlandIS – an industry body supporting the nation’s tech sector – for 20 years. Meechan explains how bodies like ScotlandIS ... Read more ›
0
In her first interview as a minister in the tech department, Baroness Jones of Whitchurch discussed the need for the government to be firm on social media companies, Labour’s goal of growing tech outside the capital and keeping the dominance of Big Tech in check. Jones entered the world of tech policy in 2023 as ... Read more ›
0
Tilt, a fashion ecommerce platform founded by former Revolut staff, has closed a £13.7m Series A round. Founded in 2021, Tilt is a shopping platform that focuses on community engagement. The Tilt app emulates the content style of apps like TikTok, allowing sellers to perform as content creators. Tilt users can engage with sellers via ... Read more ›
27
This week’s UK tech funding deals include beauty industry software provider Fresha, 3D holographic specialist VividQ, AI customer service chatbot maker Gradient Labs and more. UKTN tracked £57.75m worth of UK tech investment this week (19 August to 23 August), a 14% week-on-week decrease across six funding rounds. Here’s your weekly roundup of UK tech ... Read more ›
8
Mollie Claypool is the co-founder and CEO of Automated Architecture (Auar), a startup automating the construction process of timber houses with robots in small production facilities. Combined with a proprietary operating system, the startup is said to strip back the thousands of production lines usually involved in the building process to just a couple. Since it ... Read more ›
0
When it comes to AI, you might be operating under the assumption that taking a wait and see approach is the best way to navigate uncharted territory. But the reality is AI has already infiltrated almost everything you do day-to-day, from asking Siri to set a timer on your phone to using text prompts while ... Read more ›
2
The UK competition regulator has closed ongoing cases examining Apple’s App Store and Google’s Play Store as it prepares to roll out new digital markets powers. The Competition and Markets Authority (CMA) has been investigating whether the Big Tech firms have been unfairly using their dominant positions in the app marketplace sector to force developers ... Read more ›
0
VividQ, a deep tech software company based in Cambridge, has raised $7.5m (£5.7m) in Series A funding, bringing the company’s total funding to over $30m. Founded by Darren Milne and Tom Durrant in 2017, the startup specialises in holographic technology, creating 3D and holographic visual experiences. It offers both software and hardware based solutions, and ... Read more ›
33
A Cambridge-based AI startup developing large language model (LLM) technology for law has been acquired by Thomson Reuters. Founded in 2022, Safe Sign Technologies is training AI models to provide legal advice. The startup said its LLM is being trained by world-leading lawyers in the hope of providing a more reliable legal AI than what ... Read more ›
9
London-based AI startup Gradient Labs, founded by three former Monzo staff members, has raised £2.8m in seed funding. Gradient Labs is developing a number of large language model AI customer service agents capable of acting “like humans”. The startup claims its AI agent can resolve up to 80% of customer queries including using actions and ... Read more ›
0
Starling Bank is inching towards an initial public offering (IPO) as the fintech advertises a group head of investor relations. The fintech unicorn is recruiting for a London-based role, which will “play a role alongside senior management, appointed advisors and underwriters to execute a successful IPO or other capital event”. The job description also said ... Read more ›
0
Fresha, a marketplace platform for beauty and wellness, has secured a $31m (£26m) venture debt facility from J.P. Morgan. Founded by William Zeqiri and Nick Miller in 2015, Fresha offers a subscription-free business software with embedded payment processing and a consumer marketplace. It helps beauty businesses, such as salons, barbershops, spas, and aesthetics clinics, streamline ... Read more ›
0
In a saturated market, diversity is crucial for identifying innovative venture capital (VC) investments that cater to varied consumer groups and market ideas and is increasingly important as younger generations gain influence. However, even in today’s supposedly forward-thinking society, the evaluation of startups is often subject to bias associated with gender, race and more. With ... Read more ›
0
BeyondMath, a Cambridge-based AI company, has announced it has secured $8.5m (£6.5m) in seed funding. The round was led by UP.Partners, with participation from Insight Partners and InMotion Ventures, the investment arm of JLR. This funding will support BeyondMath’s mission to reshape engineering practices globally with its AI-driven multiphysics simulation platform. The company aims to ... Read more ›
1
Edinburgh-based training software management platform Administrate has secured a £3.05m funding round. The cloud-based platform is used by corporate clients to manage training operations and integrates with existing Learning Management Systems. Administrate, which raised £5m last year to support its expansion into the US, has also launched an AI scheduler to help enterprise customers automate ... Read more ›
15
British imaging, language, code, and audio generative AI company, Stability AI, has appointed Hanno Basse as its new Chief Technology Officer (CTO). Basse has 30 years of experience working as a CTO, working with companies such as Digital Domain, a global visual effects and digital production company to integrate and implement new technologies. At Digital ... Read more ›
32
A rocket engine at the UK’s first licensed vertical launch site in the Shetlands has exploded during a launch test. The explosion took place on Monday evening at the SaxaVord Spaceport in Unst, the northernmost island in the Shetlands, Scotland. This was part of a launch test conducted by the space tech firm Rocket Factory ... Read more ›
0
This week’s UKTN Podcast guest is Maria Rotilu, founder and general Partner at OpenseedVC. In this episode, Rotilu discusses the thesis behind backing operator-led startups, and how Africa’s large, youthful population – combined with decreasing barriers to innovation – is positioning the continent as a valuable investment opportunity. Rotilu is an operator-turned-investor and founder, ... Read more ›
2
Most popular sources
Tech.co
|
0% |
Droid Life
|
0% |
VentureBeat
|
0% |
StartUp Beat
|
0% |
Financial Times
|
0% |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
16.06.2026 09:42
Last update: 09:36 EDT.
News rating updated: 16:34.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.