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
When period-tracking app Flo secured a record $200m (£156m) investment this week, it set a record for the joint-largest fundraise for a femtech company. But it also sparked a lively debate in startup and VC circles because the women’s health startup is founded and led by men. The London-based startup was founded in 2015 by ... Read more ›
0
Peter Kyle is the new secretary of state for science, innovation and technology and I bet his inbox must be groaning. A new government that has been waiting in the wings for 14 years is keen to govern differently, and tech looks like it may play a pivotal role. He will have no shortage of ... Read more ›
18
The UK and Ireland’s love for takeaways and a “simplification” of its delivery model boosted Just Eat Takeaway’s financial results in the first half of the year, but negative growth in North America and southern Europe led to a small drop in overall revenue. Total revenue dropped by less than 1% at the London-listed food ... Read more ›
0
The UK’s competition regulator is once again launching an investigation into partnerships between Big Tech companies and startups, in a sign that such deals – worth billions of pounds – will continue to be scrutinised. This week, the Competition and Markets Authority (CMA) opened an investigation looking at investments made by Google parent company Alphabet ... Read more ›
3
This month, the Welsh technology industry received the royal seal of approval when King Charles III visited Sony’s Pencoed-based manufacturing facility to celebrate the tech giant’s 50th year operating in Wales. Top brass from Sony gave the King a tour of the Sony UK Technology Centre, a 20,000 m2 state-of-the-art site that predominantly manufactures cameras ... Read more ›
1
Gary Izunwa was earning six figures when he quit his job as a LinkedIn account executive to work for the British Council after becoming frustrated with a lack of social mobility in the jobs market. “I was based in Dublin because of the LinkedIn graduate scheme, but every eight weeks or so, I would go ... Read more ›
0
With a new party in power for the first time in 14 years, the UK tech sector finds itself at a crossroads. Throughout the various iterations of the Conservative government, tech has been a consistent bright spot – the UK has regularly ranked in the top three global tech sectors over the last decade, with ... Read more ›
0
Women’s health app Flo has become the latest UK tech unicorn, securing a $200m (£156m) Series C round at a valuation north of $1bn. Launched in 2016, Flo is an app covering every stage of a woman’s health goals. The Flo platform monitors symptoms associated with menstruation, conception, pregnancy and menopause. The app offers health ... Read more ›
2
Influential entrepreneur Grace Beverley has teamed up with exited tech startup founders to launch Retrograde, an AI-powered talent management system for content creators. Retrograde is launching an AI agent that can assist creators with tasks such as inbox management, deal negotiation and other administrative tasks. It takes a 10% fee to provide its services. Founded ... Read more ›
0
Female Invest, a fintech company aiming to empower women through accessible subscription-based finance news and community, has announced the close of its $11.2m (£8.7m) Series A funding round. Besides being an educational platform, Female Invest also offers practical worksheets to help users gain an overview of their own finances, savings, and investment portfolios. The platform, ... Read more ›
17
London-listed enterprise software firm Sage has held firm on its full-year guidance after posting a 9% revenue bump for the quarter. In its latest trading update, the Newcastle-headquartered firm reported revenue of £1.7bn, up from £1.59bn in the same period last year. Sage, which provides accounting, HR, payroll and other financial software for SMEs, reported ... Read more ›
3
Zoe, a British wellness startup backed by Dragon’s Den star and Diary of a CEO host Steven Bartlett, has secured a $15m (£11.7m) investment as it eyes a US expansion. Founded in 2017, Zoe provides at-home testing kits for customers to find out their blood fat, blood sugar, and gut microbiome health. Based on these ... Read more ›
0
Stairpay, a platform aiming to simplify the process of shared ownership for first-time buyers, has raised £750,000 in pre-seed funding. There are 8.5 million people currently renting but fewer than 20,000 shared ownership properties became available in 2021-2022, according to government figures. While there is no recent data on available shared ownership properties for this ... Read more ›
0
This week’s UKTN Podcast guest is Luminance CEO Eleanor Lightbody, who discusses the risks of law firms using ChatGPT, the importance of using the right AI model for the task at hand, and the need for flexible AI regulation that caters to different sectors. Founded by AI experts from the University of Cambridge in 2015, ... Read more ›
5
Growth equity investor Kennet Partners’ has closed a €266m (£225m) fund to invest in “high growth” B2B software businesses. The ‘Kennet VI’ fund is the London-based investment firm’s largest to date. It includes a €35m (£29m) commitment from British Patient Capital (BPC), a subsidiary of the state-owned British Business Bank. BPC invested alongside new and ... Read more ›
2
Komi, a Manchester-based digital media platform used by Idris Elba, has secured a £5.5m investment from the Business Growth Fund (BGF). The startup works with celebrities, offering a white-label content hub and merchandise digital store. Komi has previously worked with Elton John, Niall Horan and Matthew McConaughey. Along with a customer-facing mini-site, clients can launch ... Read more ›
1
Shuffle, a newly launched startup investment platform, is investing an initial £2.5m into Manchester’s hospitality industry in the hope of driving commercial growth in the city. Founded by former Antler VC fund partner Ollie Purdue, CEO, and Enzo Ottens, COO, Shuffle will provide upfront capital to its partner venues without requiring hospitality businesses to give ... Read more ›
15
Scottish generative AI fintech Aveni has secured an £11m funding round featuring investments from Lloyds Bank and Nationwide. Founded in 2018, Aveni develops large language models (LLMs) for the financial services industry. Among the company’s products is a natural language processing system to analyse customer conversations and automate processes for regulated professional services. The investments ... Read more ›
13
There’s no arguing that the UK has an abundance of tech talent. From DeepMind to Wayve, there’s a proliferation of innovation coming out of Silicon Fen, London and elsewhere in the country. Microsoft’s recent decision to open an AI hub in London is further evidence. The ostensible ‘problem’ is that we can’t manage to retain ... Read more ›
0
This week’s UK tech funding deals include online vehicle retail service Carwow, AI-powered savings and investment app Plum, digital recruitment platform Tech1M and more. UKTN tracked £114.2m worth of UK tech investment this week (22 July to 26 July), a 10% week-on-week decrease across 11 funding rounds. Here’s your weekly roundup of UK tech startup ... Read more ›
0
Most popular sources
Financial Times
|
0% |
VentureBeat
|
0% |
StartUp Beat
|
0% |
CNET
|
0% |
ScienceDaily
|
0% |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
16.06.2026 12:23
Last update: 12:15 EDT.
News rating updated: 19:15.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.