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UK Tech News
Oscar Hornstein @ UK Tech News · 07/23/2025 05:38 EDT

London biotech firm acquired by French giant in £1bn+ deal

Vicebio, a London-based biotech firm specialising in the development of respiratory virus vaccines, has been acquired French pharma giant Sanofi in a deal potentially worth over £1bn. The Parisian group intends to expand the capabilities of its vaccine design and development team by incorporating the British firm’s “molecular clamp” technology, a process that stabilises viral ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/23/2025 04:53 EDT

Inforcer raises £26m to ‘bridge gap’ between MSPs and Microsoft

Inforcer, a management solution for managed service providers (MSPs) specialising in enterprise-grade Microsoft products, has raised $35m (£25.8m) in a Series B round. Based in London, Inforcer launched in 2022 with the goal of supporting small businesses in the adoption of Microsoft technologies. The firm’s software product allows MSPs to standardise, roll out, back up ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/23/2025 03:00 EDT

‘Fractional’ talent network for startups raises £5.5m

Connectd, a platform connecting startups and scaleups with “fractional” executives and advisors, has raised £5.5m in new funding. Originally launched with a focus on connecting investors with startups, the business has rebranded, concentrating on suppling fractional talent – executives and advisors that can provide support for businesses on a temporary or freelance basis. According to ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/22/2025 10:28 EDT

New investors flock to Scottish startup scene

The early-stage startup investment landscape in Scotland has proven to be attractive to new international investors, demonstrating consistent year-on-year growth, according to new research. According to a report from Scottish investment analyst YCF that tracked investors making their first investment in Scottish businesses, the amount of newcomers rose 12% last year, reaching 73. The figure ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/22/2025 05:30 EDT

Drug discovery startup from DeepMind alumnus launches first AI model

Latent Labs, a UK drug discovery startup launched by former Google DeepMind scientist Simon Kohl, has launched its first AI model, with claims it can outperform top competitors. AI drug discovery is quickly becoming an intensively competitive market, with dozens of startups pulling in tens of millions – and in the case of DeepMind spinout ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/22/2025 04:14 EDT

OpenAI expands UK footprint and backs local infrastructure

US-based tech giant OpenAI is expanding its relationship with the British government with plans to heavily invest in UK AI infrastructure as the firm prepares to increase its office space in London. The ChatGPT developer on Monday evening signed a strategic partnership with the UK government committing it to support the expansion of essential AI ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/22/2025 04:00 EDT

German AI group invests £30m in UK expansion

Goldman Sachs-backed German AI company osapiens is expanding its UK operations, with plans to invest €35m (£30.3m) in the region. The Mannheim-headquartered group, which specialises in AI solutions for sustainable growth, said it will create more than 150 new high-skilled jobs in Britain as part of its “long-term commitment” to the UK. The firm, valued ... Read more

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UK Tech News
UKTN @ UK Tech News · 07/22/2025 03:00 EDT

Reengineering growth for the digital age

Despite the barriers presented by Brexit, firms still identity Europe as a fruitful market for expansion, but the reams of red tape have motivated many startups to broaden their reach globally. This was a key topic of discussion for participants invited to the latest UKTN roundtable, hosted at Lloyds’ HQ in London. Great minds from ... Read more

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UK Tech News
UKTN @ UK Tech News · 07/22/2025 01:00 EDT

The exciting future of space exploration, Tim Peake, astronaut

This week’s podcast guest is acclaimed British astronaut Tim Peake, who discusses his experience on his mission on the International Space Station and how modern space exploration is changing with the advent of private companies like SpaceX. A British European Space Agency astronaut, Peake flew to the International Space Station in 2015 and has spent ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/21/2025 09:30 EDT

Alan Turing Institute must be rebuilt from ‘ground up’, says think tank

The Alan Turing Institute, the UK’s national centre for AI and data science, must be “dismantled and rebuilt from the ground up”, according to a new report. Think tank the Centre for British Progress has argued that if the institute is to play a “credible role” in support of the UK’s AI, data and national ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/21/2025 08:00 EDT

Chancellor warned against Bitcoin fire sale

Representatives of the British cryptoasset sector have urged Chancellor Rachel Reeves to not sell the UK’s Bitcoin holdings, calling for long-term support over an immediate windfall. Reeves is looking at the possibility of selling off at least £5bn worth of Bitcoin, held by the Home Office after seizing the assets from criminals, according to reporting ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/21/2025 05:51 EDT

New investment group launches targeting ‘underrepresented founders’

Korra Ventures, a London-based investment group targeting “underrepresented founders”, has launched with the aim of deploying £50m over the next decade. The group launched based on the theory that the next crop of £100m+ businesses will be built by entrepreneurs outside of the mainstream, tackling sustainable development goals. Korra Ventures will therefore centre its focus ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/21/2025 05:20 EDT

Wise co-founder ‘deeply troubled’ ahead of dual listing vote

Skaala Investments OÜ, a major shareholder of Wise owned and run by company co-founder Taavet Hinrikus is “deeply troubled” over the terms of an upcoming vote that will confirm the fintech’s plans to establish a dual listing in New York. Hinrikus, who served as chief executive of the company from its launch until 2017, later ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 1 place · 07/21/2025 04:32 EDT

Solar power subscription service Sunsave scores £113m round

Sunsave, a London-based energy startup offering a solar subscription service, has bolstered its coffers with a £113m round, split between an equity investment and debt facility. Founded in 2022, Sunsave aims to become an “all-in-one home energy platform” that would include software, hardware and financing. The company was formed to address the market of UK ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/21/2025 03:00 EDT

UK think tank calls for startup accelerator overhaul

The UK government has been urged to overhaul the startup accelerator industry by establishing clear standards and classifications for support schemes. In a new report from The Entrepreneurs Network, the group called for the requirement for programmes such as accelerators and incubators to have minimum standards and defined features, enforced by an accreditation scheme. Britain ... Read more

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UK Tech News
UKTN @ UK Tech News 1 place · 07/18/2025 10:00 EDT

UK tech funding roundup: This week’s deals from Numan to TRIFFT

This week’s UK tech funding deals include digital health platform Numan, AI hotel concierge developer Inntelo and more. UKTN tracked £77.5m worth of UK tech investment this week (14 July to 18 July), a 142% week-on-week increase across seven funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Numan – £45m Sector: Health ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 2 place · 07/18/2025 09:30 EDT

Date set for Wikipedia’s legal challenge against Online Safety Act

London’s High Court of Justice will next week hear the legal challenge of the Wikimedia Foundation, the organisation that operates Wikipedia, against the UK government’s Online Safety Act. The case will take place on 22 and 23 July, following Wikimedia’s announcement that it was taking legal action against the government in May. The non-profit is ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 3 place · 07/18/2025 06:00 EDT

ONEiO founder: Understand what you don’t want to do

Juha Berghäll is the co-founder and chief executive of ONEiO, a cloud-based integration operations platform that helps IT and technology service providers connect their systems and applications. In this week’s Founder in Five Q&A, Berghäll discusses the value of learning and growing through observation and the problems that come from underestimating the scale of a challenge. ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/18/2025 05:13 EDT

Fintech Paddle secures £18.6m of funding from CIBC

UK fintech Paddle has secured $25m (£18.6m) of funding from CIBC Innovation Banking to fuel its international expansion plans. The Merchant of Record services provider is preparing for a period of significant growth with a handful of executive hires made and upcoming plans to open an office in Austin, Texas. The new funding comes three ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/18/2025 04:29 EDT

German defence tech startup opens UK manufacturing site

Stark, a prominent Berlin-based defence tech startup, has announced it will open a major drone manufacturing facility in South West England. The new 40,000 sq ft factory, set to open in Swindon, Wiltshire, is expected to create over 100 high-skilled jobs in the area. It will mark the German startup’s first internationally based facility. “The ... Read more

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29.07.2025 13:06
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