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 ›
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In the last decade, Britain’s tech scene has come on leaps and bounds. Judged by the amount of venture capital investment, we’re head and shoulders above our European counterparts. So when the government announced (and subsequently re-announced ad nauseam) its desire to make the UK “the next Silicon Valley” or a “science and tech superpower”, ... Read more ›
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Tech Nation’s Future Fifty accelerator programme has relaunched under the ownership of Founders Forum and unveiled the 25 companies in the cohort. The accelerator, designed to support late-stage companies, was first launched in 2014. Its alumni include Monzo, Revolut, Starling Bank, Skyscanner and Deliveroo. Tech Nation said a third of UK unicorns – startups valued ... Read more ›
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The deputy prime minister has called for international collaboration to prevent AI threats to democracy and the electoral process, including through deepfake disinformation. Speaking at the Summit for Democracy in Seoul on Tuesday, Deputy Prime Minister Oliver Dowden announced a multi-government compact to counter AI disinformation from bad actors and “malign foreign states”. The increasingly ... Read more ›
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Review website Trustpilot has posted a profit of $7.1m (£5.6m) for 2023 with a boost in monthly users driving revenue growth. The London-listed review platform posted an 18% revenue increase to £176.4m, lifting the company to profit after it lost £14.6m in 2022. The company credited the improved performance in 2023 to a 30% increase ... Read more ›
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The UK government’s ambitious plans for the future of flight have been called “overly optimistic” by an expert, who says the idea we will have flying taxis by 2026 should be treated with “healthy scepticism”. Yesterday, the Department for Transport announced a roadmap that the government hopes would see the first piloted flying taxi flight ... Read more ›
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Anima, a work management platform for the healthcare industry, has raised $12m (£9.4m) in a Series A funding round. Founded in 2021, Anima supplies software to medical providers. The company claims to be deployed across 150 NHS clinics. Users can integrate digital health records and receive analytics. The platform also supports appointment creation and tracking, staff ... Read more ›
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In ordinary circumstances, a figure of £1.1bn – the headline-capturing amount the government announced last week to train “over 4,000” UK students in future technologies – wouldn’t be lamentable. Yet, considering total public spending on education was £116bn in 2022-23, according to the Institute for Fiscal Studies – down 8% from the 2010-11 figure – ... Read more ›
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In this week’s episode of the UKTN Podcast, Oxa CEO Gavin Jackson explains why the UK is well-positioned to be a leader in autonomous vehicles, breaks down Oxa’s strategy for commercialisation, and unpacks who is liable in the event of an autonomous vehicle crashing.  Oxa, formerly known as Oxbotica, is developing software for autonomous ... Read more ›
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The influx of cash into AI startups has left women founders behind, according to new research from the Alan Turing Institute. The institute, a government-backed AI and data science research centre, found that just 0.7% or around £73m of venture capital funding for AI software in the UK since 2010 has been invested into women-led ... Read more ›
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London-based carbon capture startup Mission Zero Technologies has secured £21.8m in an investment round backed by a venture fund from Microsoft co-founder Bill Gates. Founded in 2020, Mission Zero Technologies is developing technology to scale the process of removing carbon dioxide from the atmosphere to prevent further global temperature rises. Mission Zero Technologies has built ... Read more ›
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Jammable, a London-based AI startup that generates cloned voices of popular celebrities and characters, is facing legal action from the British music industry over alleged copyright infringements. The British Phonographic Industry (BPI), a trade body for UK music, has accused Jammable, formerly Voicify AI, of infringing on the copyright of artists to create its voice ... Read more ›
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Hiring neurodivergent employees can give startups access to unique perspectives and skills. By embracing inclusive recruitment, businesses can increase their competitive advantage. Excelling in areas such as problem-solving, creativity, pattern recognition, analytical thinking and memory, many people with autism, dyslexia, and ADHD are well suited to technical roles. But without a supportive and inclusive working ... Read more ›
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The startup and investor community shouldn’t be too concerned by a year-over-year decline in funding, according to British Patient Capital’s investment managing director. Speaking to UKTN, Ian Connatty, an investment executive at British Patient Capital, part of the state-owned British Business Bank, said that “stats are not going to rise to the sky every year”. ... Read more ›
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As the EU Parliament celebrates being the first to pass a pervasive global framework for AI regulation, the global startup community cautiously awaits the interpretation and implementation of many unclear aspects of the AI Act. The danger that these laws – which will apply to all companies that deploy AI in EU member states – ... Read more ›
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Techscaler, a startup support programme from the Scottish government, has partnered with FinTech Scotland to grow the country’s financial technology sector. Fintech has become one of the UK’s most prominent tech subsectors. While London has become the centre of UK financial technology, fintech firms in Scotland have grown to employ more than 10,500 people. Startups ... Read more ›
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A startup using sunlight to digest plastics and another developing a smart neuro-fitness device are among the 11 businesses selected for the inaugural Start Accelerator programme from Founders at the University of Cambridge. Founders at the University of Cambridge is an initiative at the university to support the growth of startups created by students. It ... Read more ›
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ThinkSono, a health tech startup looking to use AI to improve the efficiency of ultrasound procedures, has raised £2.1m. Founded in 2016, ThinkSono has developed an AI-powered imagining tool for healthcare professionals conducting ultrasound scans – procedures in which high-frequency sound waves are used to look inside the bodies of patients. The company’s flagship product ... Read more ›
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Building a business is a bit like driving a car. You don’t just look at the speedometer all the time – there is a ton of other stuff to focus on. It’s an analogy I often share with founders when trying to explain why having tunnel vision on product-market fit can spell disaster for their ... Read more ›
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Dalraj Nijjar is the co-founder and chief commercial officer (CCO) of Concrete4Change, a startup that captures and mineralises CO2 to develop sustainable concrete. The Nottingham-based startup has developed technology to capture CO2 from the atmosphere and mix it in with fresh concrete as an additive. Concrete4Change says the result is concrete that is 20% stronger ... Read more ›
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This week saw UK tech funding deals for savings platform Flagstone, electric courier service Packfleet, Hydrogen generator developer Suiso, battery tech firm Anaphite and more. UKTN tracked £219.6m worth of funding deals for UK tech firms this week (11 March to 15 March), with fintech and energy tech the most represented sectors. Here’s your weekly roundup ... Read more ›
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17.06.2026 04:45
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