This week’s UK tech funding deals include AI scientific research lab Inherent, biomaterials company Mykor and more. UKTN tracked £102.7m worth of UK tech investment this week (25 May to 29 May), a 20% week-on-week decrease across six funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Inherent – £37.2m Sector: AI ... Read more ›
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The UK government is launching a series of pilot studies to test the impact of restricting young people’s access to social media as it considers a full ban. The pilots will include various measures that reduce the use of social media and screen time that will take place in the homes of 300 teenagers in ... Read more ›
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Starling Bank has appointed Keith Algie as its new group chief risk officer, subject to regulatory approval. Algie is set to replace Cyrille Salle De Chou, who has spent the last two years in the role scaling the company’s risk controls. The outgoing chief risk officer is leaving the company to pursue a portfolio career. ... Read more ›
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In 2021, the Kalifa Review was published as an examination of both the impressive growth of the burgeoning British fintech sector and an appeal to policymakers and the industry to keep the momentum growing. Back then UK fintech was an exciting and promising industry of the future, today it is a cornerstone of the entire ... Read more ›
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This week’s podcast guest is Amelia Armour, a partner at Amadeus Capital, who discusses the impact of having a female co-founder in the male dominated world of VC, what tech she is excited about for the future and how AI might help democratise entrepreneurship. Amadeus Capital is a deep tech venture firm founded in 1997 ... Read more ›
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Zevero, a carbon management platform that automates emissions data collection for clients, has raised $7m (£5.2m) funding round. Founded in 2021, Zevero has developed an AI platform to collect emissions data and build a reusable dataset that informs ESG disclosures, product design and sourcing decisions. The company aims to use the new investment, which brings ... Read more ›
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Technology Secretary Liz Kendall has handed digital platforms a deadline to implement serious measures to reduce online misogyny in a new open letter. The current Labour government has made tackling violence against women and girls a cornerstone element of its plan, with a flagship manifesto policy being to halve offences of this kind in a ... Read more ›
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Revolut, the fintech giant that this month at last secured its status as a regulated UK bank, has reported surging profits for the year ending December 2025. The company launched 10 years ago and in that time it has grown at lightning speed leaving a trail of both glamour and occasional controversy. Now a decade ... Read more ›
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British nutrition tech company Huel, known for its meal replacement kits, has agreed to be acquired by French food group Danone in a deal worth €1bn (£870m). Backed by celebrities including Idris Elba and Steven Bartlett, Huel was launched in 2015 by nutritionist James Collier and Julian Hearn. Huel eventually pulled in millions in investment, ... Read more ›
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US tech firm Palantir has secured a contract with the UK’s financial regulator as part of a push to tackle fraud with AI. The Peter Thiel-founded organisation has worked closely with the UK government across several sectors including the NHS, law enforcement and the Ministry of Defence (MoD). The new contract, awarded by the Financial ... Read more ›
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London-based Air Street Capital has raised a new £175m fund that will target “AI-first companies” across Europe and North America. The third fund raised by solo investor Nathan Benaich under Air Street Capital, it will target early-stage rounds with checks of between £376,000 and £11.3m as well as select growth investments of up to £19m. ... Read more ›
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A memorandum of understanding signed between the UK government and OpenAI has produced no trials in the seven months since its announcement, a Freedom of Information (FOI) request has revealed. Presented as a landmark agreement between one of the world’s most powerful AI companies and a UK government with clear ambitions to advance the AI ... Read more ›
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Mahir Sahin, a former senior Google employee who spent almost 20 years at the company, has launched a new €50m (£43.3m) venture fund targeting European deep tech that will be needed to “move beyond current AI limitations”. London-based Cloudberry Ventures has a stated goal of preventing “IP strip-mining” of European technologies by US investors and ... Read more ›
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This week’s UK tech funding deals include workflow automation platform Edra, cancer diagnostics group Spotlight Pathology and more. UKTN tracked £53.69m worth of UK tech investment this week (16 March to 20 March), a 97% week-on-week decrease across six funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Edra – £22.4m Sector: AI ... Read more ›
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Spotlight Pathology, a spinout from the University of Manchester, has secured a new investment of £1.4m to accelerate the commercial rollout of its AI cancer diagnostics product. Spotlight Pathology is developing AI-powered tools for diagnosing blood cancer. The firm has picked up a few investments over the past few years, including £425,000 raised in May ... Read more ›
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Francisco Vigo is the co-founder and chief executive of GeoSurge, a London-based deep-tech AI company that tracks, improves and monitors how large language models represent businesses across markets. In this week’s Founder in Five Q&A, Vigo discusses why enjoying your work is the difference between feeling challenged and exhausted, moving forward with your vision even if ... Read more ›
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Capital lending to UK businesses surged in 2025, driven primarily by small and medium-sized businesses, according to findings from UK Finance. In its latest Business Finance Review, the group found that UK high street banks increased gross business lending to £17.5bn in 2025, up from £16.1bn the previous year in the second consecutive year of ... Read more ›
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Flexzo AI, an agentic workforce system for healthcare providers has completed a $12m (£8.9m) Series A funding round led by Octopus Ventures. The hospital workforce management tool provider said the financing will support the rollout of its platform across NHS Trusts and accelerate expansion in the US. Founded in 2023, Flexzo AI was launched to ... Read more ›
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Since 2022, the use of AI in the workplace has been consistently climbing, with both businesses and politicians encouraging the establishment of an AI-enabled workforce. Though it is clear that AI is a part of many people’s daily professional routines, either through personal use or company mandates, research into its use could suggest a mismatch ... Read more ›
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Pre-tax profits at the digital bank Zopa have surged to £65m in the London fintech’s third year of profitability. The bank reported a pre-tax profit of £65m for the financial year ended December 2025, almost double the previous year. The strong performance in 2025 was in part said to be because of the company’s expansion ... Read more ›
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The incorporation of AI by small businesses has yet to meaningfully impact the size of workforces, despite soaring adoption rates, new research suggests. According to research from the British Chambers of Commerce (BCC) in partnership with Atos, more than half (54%) of UK firms are actively using AI, up sharply from the 35% tracked by ... Read more ›
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04.06.2026 21:30
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