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UK Tech News
Robert Scammell @ UK Tech News · 03/13/2024 08:20 EDT

Almost all neurodiverse founders face discrimination, survey finds

Just 4% of neurodiverse founders say they never experience discrimination in business because of their neurodiversity, new research has found. A survey of 500 neurodiverse founders from across the UK found that 31% of respondents ‘regularly’ experienced discrimination. Meanwhile, 33% said they ‘sometimes’ face discrimination, 17% said ‘always’, and 15% said ‘rarely’. Neurodiversity is a ... Read more

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UK Tech News
Robert Scammell @ UK Tech News · 03/13/2024 06:46 EDT

Bristol battery startup Anaphite scoops £1.6m

A Bristol-based battery tech startup has secured nearly £1.6m in funding from a government grant and private sector investment. Anaphite said it will use the influx of capital to continue developing its “dry-coating” technology, a method that the startup says can reduce the cost of electric vehicle (EV) battery manufacturing. “We are directing all these ... Read more

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UK Tech News
Robert Scammell @ UK Tech News 1 place · 03/13/2024 05:47 EDT

Edinburgh hub gets funding to ‘anchor’ biotech firms in Scotland

A biotech centre in Edinburgh has received an £847,000 investment from the Scottish government’s funding agency to build new fermentation equipment. The funding, made through Scottish Enterprise, will support the installation of a 300-litre fermenter – a tank providing a controlled environment for large-scale microbial changes – at FlexBio. Its current fermenter has a 30-litre ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 03/12/2024 20:01 EDT

British fintech Tide expands into Germany

SME financial services platform Tide is launching in Germany in the company’s second international market expansion. London-headquartered Tide offers financial management tools and business banking accounts to SMEs. It will now provide financial services to German businesses, with the official launch of the German app coming in the next few months. The Germany launch follows ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 03/12/2024 09:40 EDT

Starling Bank appoints OVO Energy boss as new CEO

Starling Bank has announced that OVO Energy chief executive Raman Bhatia will take over as the fintech’s CEO following the departure of founder Anne Boden. Bhatia, who is currently running the energy retail unicorn, will take over as CEO of Starling from John Mountain, the company’s COO who has been serving as the interim boss ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 03/12/2024 08:49 EDT

Regulatory boost for UK crypto sector as Bitcoin soars

The UK crypto industry has received a regulatory boost from the Financial Conduct Authority (FCA) as the price of Bitcoin continues to climb. The FCA this week posted an update to its position on listing cryptoasset-backed Exchange Traded Notes (cETNs), stating it would “not object to requests”. The update represents a slight softening in the ... Read more

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UK Tech News
Robert Scammell @ UK Tech News · 03/12/2024 07:47 EDT

Labour to publish AI strategy and revamp tech regulation – Peter Kyle  

Labour will publish an AI strategy and establish a body within government to ensure tech regulation is “clear and consistent”, the party’s shadow science and technology minister has said. Addressing an audience of business leaders at techUK’s policy event in London, Peter Kyle outlined Labour’s approach to tech regulation and confirmed that the opposition party ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 03/12/2024 07:09 EDT

Electric courier startup Packfleet raises £7.8m

Packfleet, a London-based startup operating an all-electric courier network, has raised $10m (£7.8m) for its Series A funding round. Launched in 2021 by a team of early-Monzo employees, Packfleet handles the delivery service for clients including Pizza Pilgrims and the climate-focused toilet paper brand Who Gives a Crap. Packfleet manages the tech and tracking end ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 1 place · 03/12/2024 06:53 EDT

Three-quarters of tech leaders positive about Labour, survey finds

Three-quarters of tech leaders believe a Labour government would have a positive impact on UK innovation, according to a new survey. A general election is firmly on the cards this year and both Labour and the Conservative Party have been fighting to win the approval of the business community. New research from the tech funding ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 03/12/2024 01:00 EDT

Ada Ventures closes £63m fund to back impact startups

VC firm Ada Ventures has announced the final close of its new $80m (£63m) investment fund targeting diverse impact startups. Through the fund, Ada Ventures will make investments between £250,000 and £1.5m from pre-seed to seed-stage startups. The firm plans to make between 10 and 12 investments per year in spaces such as climate equity, ... Read more

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UK Tech News
Robert Scammell @ UK Tech News · 03/12/2024 00:55 EDT

Podcast: Rewiring Whitehall for UK tech success – Onward’s Allan Nixon

In this episode of the UKTN Podcast, Allan Nixon, head of science of technology at Onward, shares his assessment of the Spring Budget and outlines steps he thinks Whitehall could take to improve tech sector growth. Off the back of last week’s Spring Budget, Nixon unpacks some of the key announcements – from the ones ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 03/11/2024 20:01 EDT

Staff using chatbots are risking sensitive data, warns AI founder

Businesses should be cautious about employees using generative AI tools like ChatGPT due to the risk of data leaks, according to the founder of a cybersecurity AI startup. Speaking to UKTN, James Moore, founder of CultureAI, said employees are putting sensitive company information into AI chatbots, putting that information at risk. ChatGPT, Gemini and other ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 1 place · 03/11/2024 07:16 EDT

Hydrogen generator startup Suiso raises £3m

Suiso, a Rotherham-based company developing industrial-scale, green hydrogen generators, has raised £3m. Founded in 2021, Suiso aims to supply hydrogen generators the size of shipping containers to provide greener power for hospitals, factories, warehouses and filling stations for hydrogen vehicles. “Hydrogen is rapidly emerging as a sustainable way to decarbonise the economy, but cost, availability ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 2 place · 03/11/2024 06:54 EDT

Griffin secures full banking licence, raises £19m

Griffin, a London-based fintech, has secured a fully operational banking licence and raised $24m (£18.7m) in funding. Founded in 2017, Griffin provides banking as a service tools for financial companies, such as customer onboarding checks and payments. The fintech secured a banking licence in March 2023, a year after its application. Due to regulatory rules ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 3 place · 03/11/2024 06:14 EDT

Britain must update AI strategy to unlock investment, says techUK

The next government must update the UK’s AI strategy to deliver incentives for capital investment, according to trade association techUK. The industry group said that updating the strategy could diffuse AI across the economy and reduce infrastructure costs. The recommendation comes as part of techUK’s seven policy suggestions to support the tech industry ahead of ... Read more

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UK Tech News
Chris Stokel-Walker @ UK Tech News · 03/10/2024 20:30 EDT

Think Britishvolt marked the death of UK battery tech? Think again

A little over a year ago I wrote the obituary for Britishvolt, which was meant to be the UK’s homegrown hero and a competitor to Tesla. Nine months after the company broke ground on its gigafactory in Cambois in Northumberland, it had been run into the ground, resulting in hundreds of redundancies. The waste and ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 03/10/2024 20:01 EDT

UK’s crackdown on legal migration won’t hurt tech sector, says minister

The UK’s crackdown on legal migration won’t affect the tech industry – despite it facing a long-running skills shortage – the government’s tech minister has claimed. Speaking to UKTN, Minister for Tech and the Digital Economy Saqib Bhatti said that despite recent policies from the Home Office designed to reduce migration into the UK, the ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 1 place · 03/08/2024 08:30 EDT

IWD: Data shows tech gender parity progress remains slow

As another International Women’s Day comes by, it is a stark reminder of the glacial progress in closing the UK tech industry’s gender gap. Much work is being done. A recent report from the women-led high-growth enterprise taskforce, led by Starling Bank founder Anne Boden, made a handful of practical recommendations for businesses. A women-led ... Read more

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UK Tech News
Amanda Kavanagh @ UK Tech News 2 place · 03/08/2024 06:16 EDT

Five inclusive software roles you can apply for in the UK today 

Software development has been predominantly male-dominated for decades, and though the tide is slowly turning , there is plenty more to do. This International Women’s Day (IWD), we’re taking a closer look at IT specialists in the UK, and highlighting employers which are committed to driving greater inclusivity in the workforce and proactively promoting software ... Read more

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UK Tech News
Robert Scammell @ UK Tech News 1 place · 03/08/2024 05:18 EDT

EnterpriseAlumni founder: Actions not words to promote workplace diversity

Emma Sinclair is the co-founder and CEO of EnterpriseAlumni, a software platform for organisations to engage with alumni for boomerang hires, brand advocacy and referrals. The London-founded but global company counts the likes of Marks & Spencer and BlackRock among its customers. The platform, which can integrate into an organisation’s existing HR tools, also serves ... Read more

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