Humanoid, a UK-based AI and robotics company building industrial humanoid robots, has closed a $152m (£114m) Series A financing at a $1.35bn (£1bn) valuation. The raise marks the largest ever Series A for a humanoid-first robotics company in Europe and positions Humanoid as the leading humanoid-first robotics unicorn in the UK and continental Europe. Until ... Read more ›
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Bristol-based startup Ponda has raised $2.4m (£1.8m) in seed funding to grow BioPuff, its plant-based, regenerative insulation, and expand its wetland farming network across Europe. Ponda makes biomaterials crafted from regenerative wetland fibres that are designed to help brands reduce impact, restore ecosystems and build truly responsible products. Around the world, drained peatlands release two ... Read more ›
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Greenjets, the British aerospace technology company developing propulsion systems, aircraft platforms and launch technologies for aviation, has raised a $40m (£30m) Series A round. The company says recent conflicts have demonstrated how rapidly aviation is changing and how urgently Europe needs affordable technologies that can protect people, critical infrastructure and national resilience. Greenjets says its technologies ... Read more ›
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The credit market occupies an interesting position as both a necessary feature of a modern economy and an industry that can quickly become polarising and alienating if handled irresponsibly. From the payday lending crisis that ruined lives with predatory loans to the extended debate over how more recent products should be regulated, the credit industry ... Read more ›
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Prime Minister Andy Burnham has scrapped the Department for Science, Innovation and Technology (DSIT) despite strong warnings from the tech industry against doing so. Burnham officially became prime minister on Monday and as part of the assembling of his cabinet, following media speculation, scrapped DSIT, the science and tech-focused department established in 2023. Among the ... Read more ›
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UK biotech financing hit a five-year high in the second quarter of 2026 with total equity financing reaching £2.11bn, including a record £2.05bn in venture capital, according to new figures from the BioIndustry Association (BIA). Q2 2026 was dominated by Isomorphic Labs’ landmark £1.6bn Series B round. Even excluding this record financing, UK biotech companies ... Read more ›
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The growing conversation around “Manchesterism” reflects a welcome shift in how the UK is thinking about economic growth. It recognises that long-term prosperity will not only come from a single national strategy, but from empowering regions to build on their own competitive advantages through local leadership, investment and collaboration. As that debate continues, it is ... Read more ›
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This week’s podcast guest is Andy Fishburn, Virgin StartUp’s managing director, who discusses how the non-profit is helping a new generation of entrepreneurs. He talks about its programme designed specifically for dyslexic entrepreneurs, what he thinks we need to do to make Britain a better place to scale, and why a simple walk in the ... Read more ›
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UK businesses, universities and researchers are to get access to more than £62m in government funding to develop homegrown space technologies. The funding, unveiled on Monday at Farnborough International Airshow by space minister Liz Lloyd, will support new satellite communications systems and space innovation projects, helping turn early-stage ideas into commercial products. The government say ... Read more ›
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EDF Small Business has launched a grant to help small businesses overcome the upfront cost of investing in greener technologies and practical sustainability improvements. Launched in partnership with Enterprise Nation and with support from business technology and payments platform Square, the initiative will provide five £5,000 grants to help small businesses invest in practical sustainability ... Read more ›
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Figures in the UK tech industry have warned incoming Prime Minister Andy Burnham against rumoured plans to break up the recently-formed Technology Department, citing fears that disruption will only hamper the progress of the industry. Reports over the weekend have claimed that the Burnham team is considering breaking up the Department for Science, Innovation and ... Read more ›
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Leeds-based digital security specialist Xentra has secured a £2.7m funding round. Xentra specialises in subscription-based managed cybersecurity, digital compliance, and safeguarding services. Through its “STAX” software bundles and centralised customer portal, the company simplifies the procurement and management of round-the-clock IT protection infrastructure. The Yorkshire firm currently works with over 90 enterprise and education clients, ... Read more ›
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EHE Ventures has opened the second £1.5m capital raise for its seed enterprise investment scheme (SEIS) AI Growth Fund, which invests in early-stage, AI-first businesses in the UK. The fund backs companies at pre-seed, seed and Series A stages and is aiming to deploy £15m in total. EHE Ventures has already deployed its first tranche ... Read more ›
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Cambridge-based firm CuspAI, which is building an AI system for materials discovery, has raised a $450m (£334m) Series B round. The mega round was led by Kleiner Perkins and NEA, with significant participation from Jeff Bezos’ Bezos Expeditions. The round values Cusp at $2.6bn (£1.9bn) and will allow the firm to grow faster across the ... Read more ›
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This week’s UK tech funding deals include sovereign AI infrastructure firm Valarian, construction industry-focused fintech Saible and more. UKTN tracked £107.85m worth of UK tech investment this week (13 July to 17 July), a 55% week-on-week decrease across nine funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Valarian – £37.3m Sector: ... Read more ›
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Lockheed Martin will establish a new London office in an expansion to its VC arm that will see it deploy at least $100m (£74.4m) across British and European startups. Lockheed Martin Ventures serves as the aerospace giant’s early-stage investment fund. The European expansion is backed by a massive capital injection in April, which saw the ... Read more ›
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Regulatory group Ofcom has launched an investigation into the social media and digital content giant TikTok to determine whether it has failed to comply with duties required by the Online Safety Act. Ofcom will investigate TikTok Information Technologies UK Limited, the UK incorporation of the platform owned by Chinese firm ByteDance. The investigation will look ... Read more ›
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Cambridge-based advanced semiconductor company Silicon Microgravity (SMG) has secured £6m in a funding round to scale its specialised sensors for the defence and space sectors. The fresh capital injection will be used to scale up SMG’s UK manufacturing capability, expand its engineering team, and accelerate commercial partnerships across Europe and the US. Spun out from ... Read more ›
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The British Business Bank (BBB) has committed €25m (£21.26m) to EQT Life Sciences’ Health Economics 3 Fund (EQT HE3) to support scaling medical technology and digital health companies. The investment is aimed at driving innovation across Europe and encouraging greater capital flow into the UK’s high-potential life sciences sector—one of the eight key growth areas ... Read more ›
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Cue has raised a $5m (£3.7m) primary funding round to accelerate the development of its AI-powered customer service platform. Founded in 2015, Cue’s autonomous AI agents resolve customer issues end-to-end across WhatsApp, webchat, email, Messenger, USSD, SMS and voice. The company powers customer conversations for more than 500 companies across the UK and South Africa, ... Read more ›
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28.07.2026 08:29
Last update: 08:20 EDT.
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