Tim Hardcastle is the co-founder and CEO of Instanda, which provides a no-code platform for insurtech companies to build software products. Hardcastle co-founded London-headquartered Instanda in 2012 with Derek Hill. It has created tools that let insurtech companies create products without specialist coding knowledge. It does so with a combination of pre-built product libraries that can ... Read more ›
2
Food delivery app Deliveroo significantly cut losses in the first half of the year and said it is considering paying its first dividend to shareholders as it closes in on profitability. The London-listed company said losses stood at £83m, down from £153m a year ago. Deliveroo added that it achieved profitability “ahead of expectations” using ... Read more ›
0
Children’s speech therapy platform Mable Therapy has raised £3.1m and appointed a new chief executive officer. The Leeds-headquartered company, which also provides counselling services, said Oli White – former CCO of Doc Abode – will take the reins as CEO. Set up in 2015 by Martha Currie and Elliot Agró, the therapy service says it ... Read more ›
1
A Bristol-based startup developing microplastic filter technology has received investment from funds backed by Leonardo DiCaprio and Ashton Kutcher. Matter, which is working on several projects to prevent microplastic pollution, secured $10m (£7.84m) in Series A capital from the Hollywood A-lister round. One of the Bristol-based startup’s projects is a device that connects to washing ... Read more ›
30
Video conferencing giant Zoom has opened a new workspace in London as the company encourages staff to return to in-person work. The new Holborn office, described by the company as an “engagement hub”, will allow the more than 200 UK-based staff to follow the recent call from executives to return to a hybrid work model ... Read more ›
7
Pandemic-era tech unicorn Hopin, once valued at nearly $7.8bn, has sold its virtual events unit for just $50m (£39m). Last week the London-headquartered company confirmed the sale of events assets to US cloud communications company RingCentral. Hopin did not disclose the value it agreed to part with its technology assets, customer relationships, engineering, and go-to-market ... Read more ›
12
The UK government has today said it will “closely” consider recent measures from President Joe Biden aimed at restricting investment into the Chinese tech sector. The US president on Wednesday signed an executive order that gives the Treasury secretary powers to restrict American investment into Chinese firms operating in the semiconductor, microelectronic, quantum and AI ... Read more ›
27
Climate investor Elbow Beach Capital is supplying £1.5m to raspberry-picking robot creator Fieldwork Robotics. It marks the third food-picking startup the venture capital firm has invested in, after it supplied cash to Shropshire-based broccoli upcycling startup Upp and asparagus field robot maker Muddy Machines. Fieldwork Robotics, based in Cambridge, is targeting a further £600,000 via ... Read more ›
59
Mercia Asset Management has increased the amount of capital it has invested by 24% in the first half of the year, compared with the same period in 2022. Despite the wider downturn in funding this year, Mercia, which largely backs regional businesses, invested £94.6m in the first six months of the year, up from the ... Read more ›
0
The Department for Science, Innovation and Technology (DSIT) has appointed Entrepreneur First CEO Matt Clifford and Jonathan Black from the Blavatnik School of Government to lead preparations for the UK’s first AI safety summit. The pair will be responsible for “rallying leading AI nations, companies and experts” ahead of the government’s AI safety summit this ... Read more ›
0
Edinburgh-headquartered venture capital firm Par Equity is expanding across the border into Yorkshire with two new offices. Par Equity’s Yorkshire operations comprise bases in Leeds and Sheffield. The move will be overseen by the recently appointed regional development manager Giles Moore. “Having been involved in Yorkshire startups and scaleups for over a decade, I have ... Read more ›
5
London headquartered supply chain startup Kavida.ai has raised £900,000 in follow-up seed funding from investors. Businesses operating in manufacturing or retail can use Kavida for document management, shipment tracking, supplier communication and purchase order risk alerts. “Disruption in supply chains is commonplace and procurement managers need instant access to data to understand where their order ... Read more ›
19
The Department for Science, Innovation and Technology (DSIT) is inviting “innovative” tech businesses and research organisations to showcase their work at its new headquarters in Whitehall early next year. The open invite, announced to coincide with the six-month anniversary of the tech department’s formation, will promote selected businesses across DSIT’s internal events and social media ... Read more ›
2
Regtech software platform Kore Labs has raised £2.4m in an oversubscribed round from members of the Wealth Club, an investment service for high-net-worth individuals. The London-based platform works with financial institutions to optimise regulatory compliance processes. Kore Labs consolidates fragmented data from firms to create a digital audit trail. Launched in 2019, Kore Labs partners ... Read more ›
1
Tech giant Amazon is reportedly in talks over becoming an anchor investor in the upcoming IPO of Cambridge-headquartered semiconductor firm Arm. Amazon would join a host of other big-name tech firms said to be interested in backing the SoftBank-owned semiconductor designer, including Nvidia, Apple and Samsung. First reported by Reuters, Amazon’s interest demonstrates the importance ... Read more ›
2
Tech investment giant SoftBank has once again posted a loss on its venture capital arm, losing £71m last quarter. The Vision Funds, which have backed British tech firms including Zopa and Revolut, lost significantly less than the $20bn it haemorrhaged in the first quarter of last year but it means the cumulative loss of the ... Read more ›
11
The Labour Party is calling for the immediate regulation of buy now pay later (BNPL) products amid reports of a government backtrack. In a letter to Economic Secretary to the Treasury Andrew Griffith seen by UKTN, Labour MP and Shadow City Minister Tulip Siddiq criticised the government for not enacting regulation of the loan product. ... Read more ›
1
Edinburgh-based cell analysis startup Cytomos has raised £4m in a round led by Scottish angel network Archangels. The Scottish firm said it will use the capital injection to scale up its dielectric spectroscopy technology, which aims to bring therapies to market faster. Use cases range from drug development, gene therapy manufacturing and bioprocessing. Cytomos is ... Read more ›
1
London-headquartered telehealth company Babylon is now facing the prospect of bankruptcy after the proposed rescue merger by Swiss firm MindMaze collapsed. The rescue deal by MindMaze, which would have taken US-listed Babylon private, was first announced by the company on 23 June. An update posted to Babylon’s website states: “Following Babylon’s receipt of funding under its ... Read more ›
2
From today HMRC is imposing further measures aimed at reducing false claims for research and development (R&D) tax relief, prompting concerns that the extra red tape could deter genuine innovation. Businesses now have to fill in an “Additional Information Form” to combat an estimated £1.3bn of error and fraud. Firms applying for R&D tax relief ... Read more ›
12
Most popular sources
ScienceDaily
|
0% |
Financial Times
|
0% |
Vox
|
0% |
Wired
|
0% |
VentureBeat
|
0% |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
13.06.2026 19:57
Last update: 19:50 EDT.
News rating updated: 02:50.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.