Automated tip pooling and tronc platform Grateful has raised £1.5m in seed funding from Calculus Capital. The investment will be used to accelerate fintech and money management tools for Grateful’s users, enhance AI product development, further bolster compliance functionality and expand into new markets. Founded in 2022 by Mason Potter, Jarrod Potter and Damian Guy, ... Read more ›
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Between 40,000 and 60,000 women leave the tech industry each year, costing the UK economy up to £3.5bn annually, according to new Lovelace report Unlocking £2-3.5 Billion. Despite women making up just 20% of the UK tech workforce, the report finds a broken career framework is driving experienced talent out of the sector. More than ... Read more ›
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The open consumer reviews website Trustpilot is a web 2.0 veteran faced with navigating a GenAI platform shift, as AI-powered search tools accelerate access to information. The company is using AI to identify and remove fake reviews, deleting approximately four million each year. The platform has also expanded the tools it offers businesses to mine ... Read more ›
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Revolut is faced with yet another hurdle before it can operate as a fully-licensed bank in the UK as regulators flag concerns over its risk controls, according to reports. The Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) have expressed concern over how the fintech giant handles its cross-border payments, as reported by the Financial ... Read more ›
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Britain is brimming with innovation. From Cambridge’s ARM to Oxford’s vaccine breakthroughs, we’ve proven time and again that ideas are not our problem. But too often, just as the engines ignite, the runway ends. We excel at take-off, but falter at altitude. The recent €1.3bn investment round for Mistral AI – led by ASML a ... Read more ›
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UK startups and scaleups secured $9bn (£6.8bn) in venture capital funding in Q3 of 2025, marking the second-highest Q3 total on record and the strongest since 2021, according to new analysis from HSBC Innovation Banking UK and Dealroom. With year-to-date investment now at £13bn – equalling 2024’s full-year total – the UK is on track ... Read more ›
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The Financial Conduct Authority (FCA) has unveiled its plans to support tokenisation as a way to drive innovation and growth in asset management. Tokenisation refers to digital representations of assets on distributed ledger technology, such as the Blockchain. The FCA said on Tuesday that it views the practice as a way to help asset managers ... Read more ›
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UK business leaders have been urged by ministers to work with the state and other firms to jointly prepare against cyber-attacks, as the number of harmful breaches skyrockets. Writing to chief executives and chairs of prominent businesses, including the entire FTSE350, the government has encouraged companies to seize on government support and collaboration to protect ... Read more ›
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This week’s podcast guest is Karen McCormick, chief investment officer at Beringea, who discusses the relationship between the business, technology and investment communities of the UK and the US, why the entrepreneurial spirit of the UK is catching up to Silicon Valley and why almost every business has become an AI business. Beringea is a ... Read more ›
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Increasing use of AI to enhance efficiencies in the professional services industry is pioneering how the UK can tackle its labour market issues, according to consulting firm RSM UK. While the group’s latest economic outlook found the UK to be the top performing G7 economy in the first half of 2025, RSM UK has warned ... Read more ›
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London-based AI startup Faculty has launched Frontier 3, the latest release of its decision intelligence platform that’s designed to help businesses make better, faster and more confident decisions at scale. The new next-generation version offers advances in agentic AI, collaboration and enterprise scalability. It also introduces the Decision Hub, a collaborative command centre for scenario ... Read more ›
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Technology Secretary Liz Kendall said Ofcom’s fining of 4chan under the Online Safety Act is a ‘clear warning’ for those platforming illegal content. 4chan is a controversial website that allows users to post anonymously, and has a history of being used to spread extremist ideologies. Ofcom has fined 4chan £20,000 after the website failed to ... Read more ›
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The British Business Bank has invested over £250m directly into scaleup businesses in the UK. The funding has been invested into 33 UK technology and life science companies, with over half going to university spinouts. These companies have raised a total in excess of £2bn. The British Business Bank recently announced it has increased the ... Read more ›
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The Home Office’s latest push to circumvent Apple’s encryption forces a stark choice: do we want a digital society that is secure for everyone, or one that is easier to surveil and therefore easier to attack? You cannot have both. When you weaken encryption for the “exceptional” case, you weaken it for all cases. That ... Read more ›
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Online payment service provider Nochex has been acquired by PAYSTRAX, a company that specialises in supporting businesses with complex payment needs. Established in Vilnius in Lithuania and with significant operations in Brighton, the acquisition will allow PAYSTRAX to diversify its portfolio in the UK where the company had its first customers. Founded in 2001, Nochex is ... Read more ›
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Gladys, an AI-powered tech platform built to support the home care sector, has secured a seed funding round worth £1.5m. The founding team has warned of the dangers presented by the “failing” state of home care in the UK and has claimed to offer solutions for both workers in the sector and those who need ... Read more ›
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Alex Marsh, the former head of Klarna’s UK entity, has been appointed the group chief executive officer of fintech lender Salad Group. A long-time fintech executive, Marsh joined the UK arm of Klarna in 2019 as its finance chief before rising to the role of the BNPL provider’s UK CEO the following year, eventually leaving ... Read more ›
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This week’s UK tech funding deals include Scottish cancer therapeutics company Trogenix, quantum-resilient encryption firm Sitehop and more. UKTN tracked £122.25m worth of UK tech investment this week (6 October to 10 October), a 68% week-on-week decrease across six funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Trogenix – £70m Sector: Health ... Read more ›
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Alice Rackley is the co-founder and chief executive of Polytag, a company that provides digital tracking and data solutions for packaging, encouraging sustainable, recyclable and circular practices. In this week’s Founder in Five Q&A, Rackley discusses the importance of investing time within the community of your sector, ambitious pioneers in the circular packaging industry and why ... Read more ›
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The UK’s competition watchdog has confirmed tech giant Google has been designated as having strategic market status (SMS) under new digital markets legislation. In January the Competition and Markets Authority (CMA) received new powers under the The Digital Markets, Competition and Consumers Act 2024, in part allowing it to propose an SMS designation to companies ... Read more ›
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Most popular sources
Tom's Hardware
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30% 12 |
Business Insider
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19% 6 |
Gizmodo
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16% 8 |
The Verge
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6% 2 |
Digital Trends
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5% 2 |
| View sources » | |
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15.12.2025 07:32
Last update: 07:20 EDT.
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