Embedded finance company Weavr has shut down its payments subsidiary Comma, less than a year after acquiring it. Weavr, which provides financial service tools that businesses can then offer to customers, acquired the open banking payments platform Comma in March. In a LinkedIn post, Weavr executive Tom Beckenham said the company made the decision as ... Read more ›
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Bristol & Bath Regional Capital (BBRC) has invested its entire £1m allocation for early-stage impact startups, with investments including battery energy storage and robots fighting loneliness. The local initiative is an arm of the £10m City Funds, a joint venture between Bristol City Council, Quartet Community Foundation and BBRC. “The venture ecosystem in Bristol is ... Read more ›
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Greater Manchester-based ecommerce software company Shopblocks has checked out more than £1.5m in funding. Targeting firms “with complex pricing models or supply chains”, it is developing software that can be used to build an ecommerce website without requiring coding skills. “Around 40% of brands with a B2B focus have still not adopted ecommerce, largely because ... Read more ›
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AI content moderation startup Unitary today has raised $15m (£12.3m) in a Series A round after doubling its headcount. The London-based startup is developing content moderation software that uses machine learning to understand if a photo or video contains potentially harmful content. The company said its technology mimics human moderation as it can understand the ... Read more ›
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The UKTN Podcast is back for a new season with another stellar lineup of guests from the world of UK tech. First up, we have Ashleigh Ainsley, co-founder of Colorintech, a non-profit focusing on increasing access, awareness and opportunities for underrepresented groups in the technology industry. In this episode, Ainsley discusses what steps companies can ... Read more ›
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London-based digital identification startup Yoti is launching a new version of its ID app in partnership with Lloyds Bank The push by the bank into the digital verification software space comes after it invested £10m into Yoti at the start of the year. Yoti and Lloyds’ new app aims to be a “more private, secure ... Read more ›
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The UK financial regulator has approached Revolut over an alleged failure to prevent money from being released from suspicious accounts. The Financial Conduct Authority (FCA) has been in talks with the fintech over its inaction in preventing payments from accounts that have been flagged by the National Crime Agency (NCA), first reported by the Financial ... Read more ›
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London-listed software firm Oxford Metrics has today appointed Imogen Moorhouse as its newest chief executive. Founded in 1984, Oxford Metrics develops digital twin software, which is used by 10,000 “active” clients, according to the firm. Use cases for the digital twin software span healthcare, engineering, entertainment and virtual reality with customers like Imperial College London, ... Read more ›
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Challenger bank Redwood is closing in on a London listing through a reverse takeover deal with R8 Capital Investments PLC. Founded in 2017, Redwood was established as a neobank to serve the SME market. The company offers financial services to startups including business savings accounts and mortgage decisions for commercial property investors. “Today is an ... Read more ›
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EU and UK competition regulators have been hard on big tech in recent months. Although the watchdogs intend to protect startups – I can’t help but think they’re at risk of stifling the opportunities that big tech brings to smaller players. If the likes of Google and Microsoft choose to leave London, then there will ... Read more ›
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It was disappointing to learn of the prime minister’s decision last week to delay and reverse key net-zero policies. Ultimately, this is an announcement which will create more problems than it solves. Technology is an ace up our sleeves in the fight against the climate crisis, underpinning many of the advances necessary to make net-zero ... Read more ›
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Startup VidiVet has secured a six-figure investment from River Capital to expand its remote veterinary platform. Founded in 2020, VidiVet has grown to a team of 60 offering digital consultations for pet owners from anywhere in the country. The Liverpool-based startup works with vets and pet insurance firms, offering a triage service in which it ... Read more ›
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French-listed satellite company Eutelsat will dual list on the London Stock Exchange following its merger with UK rival OneWeb. Eutelsat is the third-largest satelite operator in the world, in terms of revenue, and provides internet coverage across Europe, the Middle East, Asia, Africa and the Americas. The company announced yesterday that its all-share merger with ... Read more ›
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Apple is ramping up its UK hiring with the opening of a new office in Cambridge focused on AI and machine learning. The Apple site in Cambridge has several hundred team members working on AI projects, which have become a top priority for tech firms. On a visit to Britain, Apple CEO Tim Cook reinforced ... Read more ›
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The UK competition regulator has cleared a £1.2bn deal for UnitedHealth to purchase the health tech startup EMIS. The deal between the specialist healthcare tech and software firms was subject to a Phase 2 investigation from the Competition and Markets Authority (CMA) over concerns that the deal would be unfair to the health data market. ... Read more ›
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Conor Sheridan is the CEO and founder of Nory, a startup that has built an “operating system” for the hospitality industry. Founded in 2020, Nory has developed a platform for hospitality companies to manage their operations, including payroll, team engagement and inventory. It uses AI to “learn” about a customer’s business and act as a ... Read more ›
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When the UK government published its National Cyber Strategy in December 2021, it outlined its commitment to strengthening the UK cyber ecosystem and aimed to give the UK a competitive edge and advance the skills and innovation needed to foster growth and create more cybersecurity jobs. Almost two years on and the cyber sector has ... Read more ›
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Catamaran Ventures UK, an investment firm founded by Akshata Murty, wife of Prime Minister Rishi Sunak, will shut down, according to company filings. The VC firm’s most recent filing on Companies House shows that the directors have decided to “liquidate the company”. The wind down was first reported by The Times. The company was co-founded ... Read more ›
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Par Equity has led a £1.9m pre-seed investment into a Scottish university spinout developing a magnetic sensor with use cases in health and the metaverse. Spun out of the University of Edinburgh and the University of Glasgow, Neuranics has created a sensor that is capable of identifying “tiny magnetic signals from organs of the body” ... Read more ›
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The government is backing nine new regional partnerships bringing together universities and industry to manufacture advanced technologies. Universities including Dundee, Newcastle, Sheffield and Imperial College London are participating in the state-backed project to work alongside firms such as Unilever and Phlux Technology. The partnerships, funded by a £5m support package from the Engineering and Physical ... Read more ›
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24.06.2026 19:43
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