Danish quantum startup Kvantify has expanded into the UK with the appointment of four ex-Benevolent AI employees to its drug discovery division. As part of its move into the UK the quantum startup has partnered with the chemistry department at King’s College London to explore new quantum use cases and sponsor a PhD student. Hans ... Read more ›
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The government has unveiled the first 12 members of its chip design incubator ChipStart, as part of the National Semiconductor Strategy. Its £1.3m two-year ChipStart programme will be delivered by accelerator programme SiliconCatalyst.UK. There will be two consecutive cohorts, with the programme ending in March 2025. Each of the semiconductor startups joining the incubator will ... Read more ›
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Barclays Eagle Labs, the startup support scheme run by the multinational bank, is launching two new offices in London and Birmingham. Eagle Labs’ office in the capital will be in Chiswick Works, located in the west London district of Chiswick. It is Barclays Eagle Labs’ first physical location in London. The startup support group will ... Read more ›
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The UK’s technology secretary held an “urgent meeting” with social media companies demanding that they remove violent content of Hamas’ attack on Israel from their platforms. Michelle Donelan on Wednesday summoned representatives from Google, Meta, X, TikTok and Snapchat to ask the social media companies to confirm in writing what actions they taking to “stop ... Read more ›
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Myenergi, the Grimsby-based smart home energy startup backed by HSBC, has raised a further £30m in an investment from Energy Impact Partners. Founded in 2016, Myenergi fits homes with green energy equipment, including a solar-compatible charger for electric vehicles called Zappi, a smart home battery that stores surplus solar electricity called Libbi, and a solar ... Read more ›
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Untangled Finance, a London-headquartered lending platform, has secured $13.5m (£11m) in investment led by Fasanara Capital. Launched in 2020, the fintech startup takes real-world assets such as SME loans and then converts them into buyable debt notes. The notes can then be purchased with a centralised or decentralised currency. Untangled Finance plans to launch on ... Read more ›
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Labour tech ministers have criticised “tech bro” Rishi Sunak’s approach to regulating AI, claiming slow progress and mismanagement of priorities are letting down the sector. AI dominated discussions at tech-focused fringe events at the Labour Party Conference in Liverpool as the opposition gears up for next year’s likely general election. The prime minister has said ... Read more ›
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The European Space Agency has awarded Skyrora, Viasat, and CGI a €300,000 (£259,000) contract to demonstrate a telemetry relay system in space. The joint contract will see Edinburgh-based Skyrora testing telemetry systems with its Skylark L launch vehicle. The tests are aimed at mitigating the problem of losing connection with systems on Earth. Before the ... Read more ›
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The CEO of vehicle tracking technology company Quartix has stepped down after two years in the role. Richard Lilwall has stepped down as chief executive of the London-listed firm and resigned his board position, the company announced on Tuesday evening, Quartix founder and former CEO Andy Walters will become executive chairman with immediate effect. Walters ... Read more ›
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A partnership to connect tech innovation and drive investment in Manchester and Cambridge has received mayoral backing. The partnership, which is between Innovate Cambridge and ID Manchester, will create physical hubs in each city and connect entrepreneurs, researchers and investors. It will focus on boosting growth in key sectors including AI, advanced materials, health, biotech ... Read more ›
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London-headquartered music tech company Audoo has secured a $5m (£4.1m) investment from superstar musician Elton John and filmmaker David Furnish. Audoo has developed devices that are installed in public locations and listen to what music tracks are played to provide royalty compensation to artists. Once it has identified songs, Audoo refers the data to “partnered ... Read more ›
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FourJaw, a Sheffield-based startup that monitors factory machinery to spot inefficiencies, has secured £1.8m in funding from a fund managed by Mercia. FourJaw has created hardware that it says can be installed in minutes and connected to any machine. Manufacturers can then monitor the performance of machines using FourJaw’s software platform, accessible on a tablet ... Read more ›
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Health tech firm Pharmacierge has announced plans to build a 5,500 sq ft dispensary at its London facility, with plans including a 30ft dispensing robot sending medication between floors via spiralling chutes. The multi-arm robot will pick out the required medication and load it into chutes that travel up to the top floor of the ... Read more ›
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Lending software startup Kennek has secured $12.5m (£10.2m) in seed funding to expand in Europe, where it recently acquired its first customer. Kennek says its lending software provides a single solution that includes loan writing, report generation, portfolio management and investor relations. “Lenders are really just at the start of the digitalisation journey. Kennek is ... Read more ›
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Season four of the UKTN Podcast continues with a dive into how artificial intelligence is shaking up the legal sector, with Robin AI co-founder Richard Robinson. In this episode, Robinson discusses the risks and opportunities for generative AI in the legal sector. The CEO explains why people will always be needed despite the rise of ... Read more ›
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The government has announced that Edinburgh is the “preferred choice” to home a new supercomputer that could turbocharge advances in AI, medicine and low-carbon energy. The exascale computer is anticipated to have 50 times more firepower than the country’s current highest-performing computer, the ARCHER2, which is also based in the city. It follows the plans ... Read more ›
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Autonomous driving software developer Oxa has received an investment from tech giant Google, new company filings have revealed. According to Companies House filings, Google has taken a 3.5% stake in Oxa, formerly Oxbotica, which spun out from the University of Oxford in 2014. The investment, which was previously undisclosed, was first reported by the Telegraph. ... Read more ›
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Elderly care marketplace Lottie has raised $21m (£17.2m) in a Series A funding round led by Accel. London-based Lottie will use the latest investment to grow its team from 50 to 100 next year and develop its software, which provides personalised searches for discovering care homes. Lottie’s Series A also saw prior backer General Catalyst ... Read more ›
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Low-cost computing company Raspberry Pi is considering a UK initial public offering (IPO) in a boost to London markets. Speaking at a Cambridge event, Raspberry Pi CEO Eben Upton said the business, which originally planned to IPO in 2021 but postponed due to unfavourable market conditions, was now “ready”. “Obviously there are market effects that ... Read more ›
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The University of Cambridge has appointed the former CEO of Tech Nation to lead a new programme supporting tech founders hailing from the university. Gerard Grech will head up the initiative, called Founders at The University of Cambridge, which will connect academics, entrepreneurs, alumni and peer role models. It will have a focus on deep ... Read more ›
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13.06.2026 08:59
Last update: 08:50 EDT.
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