Globacap, a startup looking to “digitise and automate” the world’s private capital markets, has raised $21m (£17.3m) in a Series B funding round. Founded in 2017, Globacap develops software for financial institutions, including securities exchanges, banks and asset managers. Its tools automate admin and digitisation in private markets for processes such as issuance and the ... Read more ›
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Five companies have announced plans to create a combined 1,000 tech jobs across the West Midlands over the next three years in a boost for the region’s technology sector. The new jobs were announced during an event hosted by the West Midlands Growth Company during Birmingham Tech Week. Digital transformation partner Version 1 said it ... Read more ›
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A startup looking to modernise the veterinary industry with 24/7 virtual care app has raised £7m in seed capital. London-based Creature Comforts is gearing up for its launch next year with the development of its proprietary digital care app, which will operate alongside its two upcoming physical veterinary clinics. The company claims that with the ... Read more ›
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Barclays Eagle Labs will deploy £1.75m in a fund-matching scheme for seven startup accelerator projects across the UK. Using funds from the Digital Growth Grant, which was awarded to Barclays Eagle Labs in January over its previous recipient Tech Nation, the bank-owned startup support network will match investments of £250,000 from the accelerator schemes. The ... Read more ›
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Fast-growing startups can quickly outgrow the informal project management processes that naturally develop among a small group of early employees. Relying on a single person to update a project team on crucial information – like deadline changes – may work with a team of five people all sitting in the same office, but is neither ... Read more ›
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Navigation apps and user reviews of businesses help consumers make informed choices. Despite the benefits these technologies can provide, it is inadequate for millions of disabled Britons. According to recent data from the Department for Work and Pensions, the UK is home to around 16 million disabled people, representing almost a quarter of the total ... Read more ›
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Entrepreneurs have picked Labour as the party for business as election season looms, according to a recent survey. Conducted by The Entrepreneurs Network, the survey of 500 firms in the UK found that 43% of founders agreed that Labour understands what businesses need to succeed, compared with 26% who said they did not, leaving the ... Read more ›
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The legal tech sector in Leeds contributes £374m to the region’s local economy, according to a new report. The legal sector in Leeds has grown by 19% since 2020, while the local tech sector has skyrocketed 110% to £15bn, according to the report by Whitecap Consulting. The report also found that the legal and tech ... Read more ›
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Just Eat Takeaway has upgraded its earnings forecast and expects to achieve cash flow break-even in the second half of 2023. The London-listed takeaway platform upgraded adjusted earnings guidance to approximately €310m (£269m), up from a previous forecast of €275m (£238m). Just Eats’ third-quarter results were boosted by a 5% rise in UK and Ireland ... Read more ›
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Manchester-based cybersecurity startup Netacea has raised £4.5m from Mercia Asset Management as a new CEO takes the reins. Founded in 2022 as a spinout from IT consultancy firm Intechnica Holdings, Netacea is a machine learning-based bot detection startup. The platform can be deployed on websites, apps and APIs to detect user behaviour to identify automated ... Read more ›
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The government must avoid weakening the strength of competition regulators in their capacity to manage Big Tech, according to a Conservative peer. Baroness Stowell, Tory peer and chair of the House of Lords Communications and Digital Committee, has written to the prime minister emphasising the importance of robust competition regulation as the Digital Markets Bill ... Read more ›
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With just two weeks to go until the UK hosts the first international summit on AI safety, the Conservative’s AI boss spoke to UKTN about the focus of the event, criticisms of it, and the symbolic importance of its venue. Jonathan Berry, the Viscount Camrose and a hereditary peer, was appointed by the prime minister ... Read more ›
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An AI startup that has created image recognition tools for businesses has secured £2.2m in funding. London-based Captur has built a platform that lets businesses use a smartphone camera for bespoke image recognition applications in sectors including logistics, transportation and automotive. One such example is a delivery driver using a smartphone camera to verify that ... Read more ›
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Today’s knowledge workers often get lost in decision-making. When using so many different collaboration apps and productivity tools, it can be really hard to know how to get it right. That’s why business transformation experts, Adaptavist, and work management leaders monday.com are coming together on Thursday to host an inaugural London community event at Adaptavist’s ... Read more ›
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Reducing the digital divide among the UK’s nations and regions could provide a £4.8bn boost to the economy, a new report has found. Despite digital infrastructure improvements across the UK, trade association techUK said it had found a stark gap between some nations and regions. For the first time the Local Digital Index – now ... Read more ›
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Cryptocurrency exchange Binance has halted the onboarding of UK customers amid a regulatory crackdown from Britain’s financial watchdog. Binance announced on Monday evening that it would not take on new customers in the UK, giving them a one-hour notice of the change. The world’s largest crypto exchange had been exploring its options to provide its ... Read more ›
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Entrepreneur support network Tech Nation officially relaunched on Monday with a pledge to help startups on its cohorts secure a cumulative £10bn in funding over the next five years. Tech Nation closed operations in March after losing a bid for a £12m government grant – its primary source of income – to Barclays Eagle Labs. Founders Forum ... Read more ›
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Beta Bugs, a Scottish startup that genetically engineers insect eggs for alternative protein farming, has raised £1.72m. Founded in 2017, the Edinburgh-based company has developed a selective breeding programme and egg production site for black soldier flies for use as livestock feed. The practice of insect farming has exploded in popularity, with a recent study ... Read more ›
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In this episode of the UKTN Podcast, Eileen Burbidge, partner at Passion Capital, discusses the lessons she learned from working in Silicon Valley during the dot-com bubble, examines the differences between the UK and US tech sectors, and shares how reproductive health support is the new frontier for employee benefits. You can listen to ... Read more ›
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Birmingham’s tech ecosystem is set to benefit from a £1m investment from TechWM, the not-for-profit startup advocacy group. Announced during the group’s industry event, Birmingham Tech Week, the funding will go towards a new acceleration programme for scaling regional startups. The investment will also go towards an ecosystem platform that will collate all of the ... Read more ›
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24.06.2026 15:20
Last update: 15:15 EDT.
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