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
Once hailed as a promising UK autonomous vehicle startup, Conigital captured the attention of the European tech scene last year when it announced it had secured a “landmark” £500m funding offer. The Birmingham-based company’s ‘megaround’ ranked as one of the largest European funding deals in 2023. It was also the largest ever investment into a ... Read more ›
12
British tech entrepreneur Mike Lynch has been cleared on all counts in his fraud case in the US concerning the sale of his business, Autonomy, to HP over a decade ago. Lynch, referred to at the time as “Britain’s Bill Gates”, was extradited to the US last year to face a trial alleging he misrepresented ... Read more ›
1
Hellen Bowey is the CEO and founder of Alcove, a virtual care company supporting independent living. The company has more than 20,000 users of its services, which include a virtual care agency, a care phone for the digitally excluded, and a “digital orientation clock”. In this week’s Founder in Five Q&A, Bowey explains why early-stage funding ... Read more ›
2
In our latest spotlight of this year’s London Tech Week speakers, UKTN caught up with Dr Nicola Hodson, CEO of IBM UK and Ireland. Hodson previously held several senior positions at Microsoft, where she worked for 14 years. She formerly worked in the IT and business services division of Siemens, at CSC (now DXC), as a ... Read more ›
1
This week’s UK tech funding deals include EV charger software management company Fuuse, marketplace for licensed data for AI training Human Naative AI FintechOS, sign language translation platform Signapse and more. UKTN tracked £29.5m worth of UK tech investment this week (3 May to 7 May), a 94% week-on-week decrease, across 10 funding rounds. Here’s ... Read more ›
7
According to a new survey of 1,400 executives and IT professionals, the largest technical skills gaps are in cybersecurity, cloud and software development – creating job opportunities for those willing to upskill. Specifically, 65% of respondents said cybersecurity skills were lacking most within their organisation, followed by cloud (52%) and software development (40%). These have ... Read more ›
6
The British Business Bank must be more independent to properly serve the needs of private businesses, according to a new report. The Private Business Commission claimed the current system of government oversight for the state-owned regional SME investor hampers its ability to direct funds effectively. The report, supported by think tank the Entrepreneurs Network, argued ... Read more ›
0
London has been named the most supportive hub for developing AI as tech leaders call for increased regulation, new research has found. In a survey of international business leaders conducted by London & Partners, 77% of respondents said they consider London a more supportive hub for AI development than other major cities. The research found ... Read more ›
0
The European Union’s delight in being the first to regulate AI anywhere in the world may well see a less-than-happy ending. Much like the fable of the tortoise and the hare, the EU hare has rushed into detailed regulation on something it really doesn’t – and couldn’t – understand. Although it is quite an achievement ... Read more ›
1
Ittybit, a Salford-based startup developing software to simplify the uploading of large files, has raised £1.5m. The company was founded to meet the rising demand for high-quality image, video and audio file uploads, a trend the startup claims will only increase as generative AI sparks a surge in digital content creation. Ittybit has developed an ... Read more ›
21
In our latest spotlight of this year’s London Tech Week speakers, UKTN caught up with Bev White, CEO of technology and talent provider Nash Squared. White, who holds a degree in computer science, has held various senior tech leadership roles since 2002. She was recently identified as one of the most influential women in UK ... Read more ›
34
Fuuse, a Lancaster-based electric vehicle (EV) charge point management platform, has raised £8.7m as it looks to expand across the UK and Ireland. Launched in 2021, Fuuse provides EV charging point operators with a white-labelled management platform to offer flexible payments, dynamic pricing, booking controls, maintenance tracking and more. Fuuse’s platform users include SSE, Scottish ... Read more ›
1
Turkish rapid grocery delivery startup Getir has posted heavy losses in 2022 for its UK business, a month after exiting the market. According to its accounts, the company lost £168m in 2022, 45% more than the year prior. The filing revealed turnover increased by more than 200%, reaching £80m. However, as is so often the ... Read more ›
0
Barclays Bank has led a £4m investment into wealth management infrastructure platform WealthOS. The London-headquartered startup, which develops off-the-shelf software for companies providing digital wealth management products, said it plans to use the new funds to “support its strong client pipeline”. It follows white label B2B wealth management provider Quai Digital selecting WealthOS as a ... Read more ›
51
Human Native AI, a London startup offering what it describes as legal and ethical data for tech firms to train large language models, has raised £2.8m. Founded in 2024, Human Native AI is aiming to solve the growing concern that many AI models unfairly use copyrighted data in the training phase. As a nascent technology, ... Read more ›
23
With just one week to go until London Tech Week, it’s time to learn more about the speakers who will be taking to the stage at the Olympia exhibition centre. As an official media partner, UKTN is shining a spotlight on London Tech Week’s stellar lineup of 2024 speakers. First up is Hiroki Takeuchi, CEO ... Read more ›
1
In this week’s episode of the UKTN Podcast, Vertical Future founder nad CEO Jamie Burrows discusses the many ways vertical farming can be used to address agricultural and environmental challenges, why space presents an exciting opportunity for farming and why VC funding isn’t for everyone. Burrows founded Vertical Future in 2016. The company develops the ... Read more ›
2
As we head into a general election, we can expect politicians from all parties to underline the importance of science and innovation to growing our economy. There’s no doubt about it – the wellspring of innovation and technology is coming primarily from SMEs, and university spinouts lead the way. Increasingly, researchers are working with tech ... Read more ›
1
NatWest Group is aiming to onboard 2,500 entrepreneurs to its latest accelerator programme, the most since its launch. The NatWest Accelerator, taking place in September, will provide free coaching and networking support to startups with “high growth potential”. The support will be delivered across 13 physical accelerator hubs across the UK and one digital programme. ... Read more ›
21
Parcel delivery company Evri is investing £1m into an artificial intelligence (AI) strategy that aims to improve customer service, optimise workforce planning, and identify if packages are being left in a safe place. Evri, which delivers more than 720 million parcels a year, has developed the strategy with AI consultancy Robiquity. UK-based Evri said it ... Read more ›
0
Most popular sources
|
|
0% |
|
|
0% |
|
|
0% |
|
|
0% |
|
|
0% |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
16.06.2026 19:31
Last update: 19:25 EDT.
News rating updated: 02:20.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.