CircuitHub has raised $28m (£21m) to expand its network of automated, software-driven factories for on-demand electronics manufacturing. CircuitHub’s Grid platform enables production from one to 10,000 units with a standard three-day turnaround and automated quoting. The company also helps hardware teams design, test and scale products at software speed. Engineers building self-driving cars, satellites and ... Read more ›
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London-based payments infrastructure firm Primer has closed a $100m (£75m) Series C funding round as it continues to build the AI-enabled operating layer for global payments and finance. Primer offers customers unified infrastructure for global payments. For finance and payments teams, the single platform strives to reduce complexity, improve performance and capture more revenue. The ... Read more ›
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The UK, when it comes to AI, has “been on a great path for many years now”. This was the sentiment shared by Ashley Kramer, a San Francisco-based employee of OpenAI, currently serving as the vice president for enterprise. Kramer, who was in London this month to attend a conference in the city held by ... Read more ›
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Virtual worlds intelligence platform GEEIQ has secured $6.8m (£5m) in new investment led by YFM Equity Partners, with participation from GFR, Haymarket and existing angel investors, as brands accelerate investment across platforms including Roblox, Fortnite and ZEPETO. GEEIQ offers insights, data and analytics for games and virtual worlds to help brands navigate, measure and grow ... Read more ›
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Fintech is often held up as the gold standard of a UK tech success story. One that took a sector that the country was already a global leader in, finance, and spawned an enormously valuable sister sector that has gone on to represent a huge percentage of the world’s third largest tech industry. When it ... Read more ›
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This week’s podcast guest is Iana Dimitrova, chief executive of OpenPayd, who discusses how we are moving towards a world where AI agents will be making transactions without human intervention. Dimitrova also shares her thoughts on the governor of the Bank of England’s comments about stablecoins threatening the very nature of money and how the ... Read more ›
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Monzo’s revenue surged 39% to £1.7bn in FY2026, with gross profit reaching £1bn for the first time, according to new annual figures published by the digital bank. Monzo delivered strong profitable growth, while investing significantly in international expansion, product, platform, brand and marketing. The 39% revenue growth was powered by four income streams of over ... Read more ›
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Newcastle-based Rightbrain AI has raised £3m to help SMEs and mid-market firms overcome the barriers preventing them from deploying AI. The platform helps B2B services businesses, such as marketing agencies, recruitment firms and professional services firms, build and deploy AI agents without the overhead of full-scale digital transformation. Rightbrain acts as a software bridge, enabling ... Read more ›
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Lansdowne Partners has launched a venture capital fund focused on backing high potential British companies emerging from the UK’s university research base and startup ecosystem. The fund has announced a first close of $150m (£112m) and will hold a second and final close in December, with indicated interest in excess of the fund cap of ... Read more ›
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For many business founders, switching off is not as simple as closing a laptop or turning on their out-of-office. When you are building a business, especially at its earliest stages, there is a growing pressure to be constantly available. Every customer enquiry feels urgent and every operational issue feels personal. Founders often carry the weight ... Read more ›
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Shareholder litigation accounted for £3.7bn of the £11.7bn total cost of cyber attacks to large UK businesses in 2025, according to new research from global insurance brokerage Gallagher and the Centre for Economics and Business Research (CEBR). The numbers are modelled on a scenario where each affected firm incurs the cost of its most severe ... Read more ›
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At an April roundtable hosted by Lloyds in partnership with UKTN, founders, investors, academics and bankers gathered at Sister, Manchester’s leading innovation district, to take stock of a system that produces world-class research but still struggles to scale. On paper, the landscape looks healthy. The UK spinout ecosystem is turning out globally competitive research, and ... Read more ›
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Searchable has raised £10.3m to accelerate its AI performance marketing platform that helps businesses compete in AI-driven search. The London-based startup helps brands understand, track and improve how they appear across AI-led search. Acting as a growth command centre, it tracks visibility on ten AI engines, surfaces insights through interactive agents, connects analytics from Google ... Read more ›
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Cloud and AI efficiency startup Greenpixie has closed a £4.7m pre-Series A round to accelerate its provision of usage-based sustainability data for cloud users. According to figures from the International Data Center Authority (IDCA), data centres are responsible for up to 6% of electricity consumption in the UK and US. It is estimated that almost ... Read more ›
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This week’s UK tech funding deals include DeepMind spinout Isomorphic Labs, clean energy group H2CHP and more. UKTN tracked £2.67bn worth of UK tech investment this week (11 May to 15 May), an enormous increase of more than 1,000% from last week across 13 funding rounds. Here’s your weekly roundup of UK tech startup funding ... Read more ›
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The UK’s Competition and Markets Authority (CMA) has conditionally cleared the proposed £3bn merger of Getty Images and Shutterstock. After an extensive investigation process, the CMA has concluded that the deal, which would create the largest provider of stock images and videos, does not raises concerns for the sector. Though the CMA has cleared the ... Read more ›
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Social media group X has agreed to assess and potentially remove a huge volume of posts containing hateful or suspected terrorist content following demands from Ofcom. X has agreed to implement a review and assessment procedure for UK users that commits it to make a decision within 24 hours of a post being reported. As ... Read more ›
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Dr Julia Cooney is the founder and chief executive of Prema Cognition, a health tech firm developing a new method to detect dementia early. In this week’s Founder in Five Q&A, Cooney discusses why founders need to own the big decisions they make for their companies, her experience founding a startup at the same time as ... Read more ›
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Lightrock, a London-based investment company, has announced the launch of Accelerate7, an investment platform targeting growth-stage companies in South and Southeast Asia and Sub-Saharan Africa. Following the close of $500m (£374.6m), Lightrock’s Accelerate7 with cut checks of between $10m to $50m across sectors including energy, mobility and enabling technologies. The fund has already backed four ... Read more ›
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Multiverse, an edtech unicorn currently focused on digital and AI upskilling, has secured $70m (£52m) in new funding to drive growth across Europe. Founded in 2016 by Euan Blair, son of former prime minister Tony Blair, and Sophie Adelman, Multiverse was launched to help school leavers find apprenticeships and other alternatives to university. In more ... Read more ›
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28.07.2026 15:01
Last update: 14:55 EDT.
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