London-based fintech group GoCardless has announced plans to open a new office in Leeds in hopes of tapping into the “rich talent pool and innovative spirit of the North”. Scheduled to open later this year, the new GoCardless office will serve as the company’s base in the north of England with a team of 50 ... Read more ›
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Revolut has pledged to invest £3bn in the UK as it opens the doors of its new global headquarters in Canary Wharf. The fintech unicorn, currently the UK’s most valuable private tech company, also pledged to create an additional 1,000 new jobs. According to the firm, the UK investment is the cornerstone of its five-year ... Read more ›
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Alloyed is a University of Oxford spinout that specialises in developing and manufacturing high-performance metal components through a combination of materials science, advanced software, and additive manufacturing, which includes 3D printing. Earlier this year, the startup secured £37m in Series B funding, reflecting its impressive traction – with customers including Anglo American, BMW, Boeing, Hitachi ... Read more ›
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Dame Angela Eagle, recently appointed as a minister in the Department for Environment, Food and Rural Affairs (DEFRA), has declared the government’s commitment to the agricultural tech sector. In her first public appearance since being named Minister of State for Food Security and Rural Affairs in the cabinet re-shuffle earlier this month, Eagle said this ... Read more ›
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ZILO, a London-based startup developing software for asset and wealth management, has secured a $27m (£20m) Series A extension round. Founded in 2023, ZILO produces global transfer agency software, used to manage the records of the owners of various assets. The software is used to process transactions and keep track of investor details. Now backed ... Read more ›
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Figures from the UK tech industry have urged the Home Office to “decisively” embrace immigration in the wake of anti-migrant policy from the US. In an open letter to Home Secretary Shabana Mahmood, tech advocacy group Startup Coalition said moves from the US against encouraging skilled migration made it more important than ever that the ... Read more ›
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This week’s podcast guest is Calum Chase, co-founder of Conscium, who discusses why fears of an AI winter have been greatly exaggerated, why the industry has surpassed the hype phase and will continue to grow and the transformational impacts already happening and those yet to come. Conscium is a research organisation focused on applied AI ... Read more ›
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London-based fintech firm Tide has been valued at $1.5bn after securing a new $120m (£88.8m) funding round. The business and finance management platform was founded in 2015. Tide offers SMEs business accounts and banking services as well as a suite of administrative management tools. The company, which operates in its home market as well as ... Read more ›
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The UK government is considering lowering the financial requirements for the global talent visa amid an extreme increase in cost from the US. Figures at Number 10 and the Treasury have even floated the idea of abolishing the associated fees altogether, according to reporting from the Financial Times. The global talent visa is a scheme ... Read more ›
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YASO, a London-based startup that helps consumer brands expand and grow in the Chinese market has raised £8.25m in a Series A funding round. The company provides an operating system covering payments, logistics, compliance, tax, analytics and storefront integrations for firms looking to grow their presence in the challenging to enter but highly lucrative Chinese ... Read more ›
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Planning approval has been secured by Latos for a new £100m data centre specialising in AI inference capabilities. The 18,836 sq ft centre will be located at Preston Farm Industrial Estate in Stocton-on-Tees and will house NVIDIA Blackwell GPUs. Latos, a neural edge infrastructure company, plans to open the site in early 2027. “From robotics ... Read more ›
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This week’s UK tech funding deals include smartphone challenger Nothing, restaurant software platform Nory and more. UKTN tracked £232m worth of UK tech investment this week (15 September to 19 September), a 125% week-on-week increase across five funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Nothing – £148.2m Sector: Electronics HQ: London Round: Series ... Read more ›
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Muj Choudhury is the founder and chief executive of RocketPhone.ai, a tool that works within CRM platforms by taking customer conversations and turning them into actionable insights. In this week’s Founder in Five Q&A, Choudhury discusses being able to focus on skills and expertise over opinions, accepting when you need to adapt and why businesses that ... Read more ›
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Conduct, a London-based startup using agentic AI to provide insights to businesses on custom software, has closed a $12m (£8.89m) seed round. Launched by former staff at Palantir, the company’s aim is to modernise Enterprise Resource Planning (ERP) systems. Founded in 2024, Conduct is initially focusing on using its agentic AI to help companies understand ... Read more ›
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The advent of open banking has been one of the most transformative developments in the UK’s financial sector, paving the way for the thousands of fintech startups that have formed arguably the sturdiest pillar of Britain’s wider tech ecosystem. With open finance technology, managing, moving and understanding money has become far easier, but the economic ... Read more ›
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A select group of Welsh tech startups is being offered a chance to receive rare support from the Massachusetts Institute of Technology (MIT). The Welsh Government and co-working space operator TownSq will fly out the lucky few to the States to visit the world-renowned technology institution later this year. The trade mission to Boston, Massachusetts, ... Read more ›
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The boss of food delivery app Deliveroo is set to exit the company after its takeover by American counterpart DoorDash is completed. Will Shu – who founded Deliveroo in 2013 and has led it to nationwide success ever since – confirmed his departure from the online food company today. His announcement comes as American takeaway ... Read more ›
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A Manchester-based venture capital firm has ploughed more than £1.1m into several artificial intelligence startups. The investment package from EHE Ventures targets tech firms using AI to solve “real-world” problems in areas ranging from health and agriculture to publishing and consumer technology. It comes under the firm’s new SEIS AI Growth Fund, which is part ... Read more ›
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Former deputy prime minister Nick Clegg has slammed the billions of pounds’ worth of American tech investment into the UK announced during the US president Donald Trump’s historic second state visit. The Guardian has reported that, during a Cambridge-based Royal Television Society event, Clegg described a recent spate of US-UK tech trade deals as Silicon ... Read more ›
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Octopus Energy will spin off Kraken, the AI technology platform created by the firm, into a standalone company led by new senior appointments. One of the largest energy providers in the country, Octopus in part made its name off the back of Kraken, an end-to-end platform that automates much of the energy supply chain. Though ... Read more ›
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16.12.2025 00:23
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