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UK Tech News
Oscar Hornstein @ UK Tech News 2 place · 10/03/2025 06:39 EDT

Hundreds of jobs cut at Google UK, accounts reveal

The UK-registered arm of tech giant Google cut almost 400 jobs between December 2023 and 2024, as revealed in the firm’s latest accounts. In the group’s financial statements for the year ended December 2024, it was revealed that average headcount at Google UK fell from 7,422 to 7,029, a decrease of 393, first reported by City ... Read more

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UK Tech News
UKTN @ UK Tech News 3 place · 10/03/2025 06:00 EDT

Artio founder: Don’t underestimate the power of small iterations

Bilal Hussain is the co-founder and chief executive of Artio, an insurtech startup offering services to the carbon offset market. In this week’s Founder in Five Q&A, Hussain discusses why small, incremental changes make all the difference, the importance of valuing yourself and your contributions and not being afraid to reach out to people. Which role ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 10/03/2025 05:40 EDT

Late-stage funding surges as UK tech ranked second globally

The UK tech industry was the second best-funded in the world in the first nine months of 2025, ahead of the US, China, India and Germany, according to Tracxn data. Research from Tracxn found that UK tech companies collectively raised $12bn (£8.9bn) in the first nine months of the year, an 8% increase from the ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 10/03/2025 04:49 EDT

Kevin Hart’s VC fund leads £26m round for AI health app

HartBeat Ventures, an investment fund founded by actor and comedian Kevin Hart, has co-led a £26m investment in London-based health and fitness app Simple Life. Founded in 2019, Simple Life was launched to offer practical weight loss support as a response to the numerous fad diets and unreasonable expectations presented by social media influencers. The ... Read more

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UK Tech News
Kirstie Pickering @ UK Tech News · 10/02/2025 10:00 EDT

eBay launches UK SME AI skills programme with OpenAI

eBay has launched a £3m programme developed in collaboration with OpenAI to expand the skillset of small UK businesses with access to the latest custom AI productivity tools and training.  The AI Activate programme is open to all businesses that sell on eBay, with up to 10,000 to be onboarded this year. Its value includes ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 10/02/2025 09:00 EDT

Why most businesses are missing out on the benefits of AI

At a time when almost every business is facing pressure to adopt AI technologies, knowing if it is actually the right move and how to go about it is a real challenge. While the term AI is thrown around excessively, it is important to recognise that it refers to a vast and diverse array of ... Read more

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UK Tech News
Kirstie Pickering @ UK Tech News · 10/02/2025 06:26 EDT

Government urges pension firms to boost tech investment

Pension firms should capitalise on the opportunity to boost investment into the tech sector, Science Minister Lord Vallance will tell investors today in his speech at the British Venture Capital Association’s (BVCA) private capital showcase. Vallance will acknowledge that the UK is renowned for excellence in research and incubating companies in sectors including life sciences, ... Read more

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UK Tech News
Umang Paw @ UK Tech News · 10/02/2025 06:00 EDT

AI is not a shortcut, it is a skill

A new YouGov survey shows that two-thirds of UK undergraduates are already using AI in their studies – a third do so weekly. For many, ChatGPT is becoming as natural a tool as Google. The study also shows uncertainty – a quarter of students admit to using AI for graded work, yet many also say ... Read more

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UK Tech News
Kirstie Pickering @ UK Tech News · 10/02/2025 05:08 EDT

London Stock Exchange and Crowdcube partner on private market

The London Stock Exchange and Crowdcube, Europe’s largest private market investment platform, have formed a strategic partnership to create a more inclusive liquid private capital market ecosystem for retail investors. The partnership allows hundreds of thousands of eligible Crowdcube investors to gain access to opportunities on the same terms as large institutional investors. It also ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 10/02/2025 03:30 EDT

Creator Fund secures £30m to back university spinouts

Creator Fund, a London-based pre-seed venture capital group, has secured a close of $41m (£30.3m) for its first European institutional fund. Based in Kensington, Creator Fund works with scientists to turn academic research into deep tech startups, with notable examples including Glasgow spinout Chemify and Imperial College London spinout Recycleye. Its latest fund has already ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 10/01/2025 06:19 EDT

AI hyperscaler Nscale raises new capital days after $1bn round

AI hyperscaler company Nscale has closed a $433m (£320m) pre-Series C round just days after securing a record $1.1bn Series B investment. The London-based company has been rapidly growing since its launch in 2023 with its core technology of AI-focused data infrastructure seeing enormous demand globally, with governments and Big Tech firms pouring billions into ... Read more

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UK Tech News
Russ Shaw @ UK Tech News · 10/01/2025 06:00 EDT

The next step in the ‘special relationship’

The idea of a ‘special relationship’ between the US and the UK goes back nearly 100 years.  But President Trump’s visit in September, and the accompanying announcement of significant investment from US firms into UK tech, felt like a window into what the future of that relationship will look like – a world class tech ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 10/01/2025 04:00 EDT

AI lesson planner startup raises £1m in pre-seed round

Chalkie, an edtech startup that uses AI to help teachers create curriculum-aligned lessons in minutes, has raised £1m in pre-seed funding, UKTN can exclusively reveal. Founded in 2024, Chalkie is a tool to quickly generate lessons based on subject, education level and curriculum. The company claims its platform has already been used by more than 100,000 teachers ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 10/01/2025 03:00 EDT

Phasecraft unveils quantum system ‘1,000x faster’ than classical computers

Bristolian deep tech firm Phasecraft has today launched Mondrian, a quantum software platform backed by the government that it claims allows calculations to be done 1,000 times faster than a classical computer. A first-of-its-kind quantum software platform, Phasecraft described Mondrian as a hybrid technology that demonstrates how quantum and classical computing can be combined to ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 10/01/2025 02:00 EDT

Government’s £1m regional tech programme launches

The government-run Regional Tech Booster programme has gotten underway as the projects set to benefit from the scheme have been unveiled. Announced in July, the programme aims to provide financial and entrepreneurial support to tech businesses outside of London. The selected projects will receive targeted training, expert guidance and network building support as part of ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 1 place · 09/30/2025 07:00 EDT

UK businesses are ‘worried’ about data being stored in the US

The majority of UK SMEs are concerned about their data being stored in the US amid a rise in data storage scrutiny, according to a new survey. Research conducted by team.blue and names.co.uk has found that in its survey of UK businesses, 73% were “worried about their data being stored in the US”, due in ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 2 place · 09/30/2025 05:56 EDT

Lancashire Council signs £4.3m agentic AI deal

Lancashire County Council has signed a contract worth £4.3m with software group Netcall to integrate autonomous AI agents into its public services. The multi-year partnership will see Netcall, which specialises in process automation and customer engagement, incorporate a “digital front door platform” for residents and businesses to access local services. The move includes the deployment ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 09/30/2025 04:50 EDT

British Business Bank backs Notion Capital’s £100m growth fund

The British Business Bank has announced a €20m (£17.5m) commitment to the £98.6m Notion Capital Opportunities III fund. The new fund from the GoCardless investor marks the latest support from Notion Capital’s long-term partner, the British Business Bank, which has invested the firm’s last four core venture funds. The latest fund from the fintech and ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 09/30/2025 04:27 EDT

Startup developing ‘liquid bandages’ raises £4.8m

NoBACZ Healthcare, a spinout company from the University of Cambridge developing novel technologies to treat wounds in livestock, has raised £4.8m in a new funding round. The new investment will support the development and commercialisation of the company’s patented “liquid bandage technology”, a new system for treating wounds on animals that it claims are healthier ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 09/30/2025 02:00 EDT

ElevenLabs backer Concept Ventures closes new £65m fund

London-based investor Concept Ventures has announced the close of its new $88m (£65.6m) Fund II, targeting UK and European early-stage tech firms. This marks the second institutionally backed fund from the Monzo and ElevenLabs investor. The raise was supported by limited partners including Aldea Ventures, Top Tier Capital Partners, Marktlink Capital, Dominus, and Granite Capital ... Read more

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13.12.2025 08:38
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