Scottish renewable energy tech firm Orbital Marine Power has secured a £7m investment to advance its international commercial projects. Headquartered in the Orkney Islands, Orbital Marine Power has developed technology to harness tidal energy along the UK coast to use as a source of renewable power. Designed to withstand the harshest of conditions, the company ... Read more ›
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The British Business Bank has agreed to invest £30m to the Invest in Women Taskforce’s Women backing Women fund. The taskforce was formed following the landmark Rose Review, which found that putting serious funding behind women entrepreneurs could not only help reduce the inequality female founders face, but also add significantly to the UK economy. ... Read more ›
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An international coalition of AI Safety Institutes coordinated by the UK is rebranding itself to reflect its focus on measurement and evaluation of AI models. The International Network of AI Safety Institutes, which includes Australia, Canada, the EU, France, Japan, Kenya, South Korea, Singapore, the UK and the US, will transition to the International Network ... Read more ›
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This week’s podcast guest is Catherine Lenson, chief operating officer of Phoenix Court, who discusses why well-defined corporate and investment culture supports a cohesive strategy, how different stages of investment come with drastically different needs and why sticking with a founder long-term is both rewarding and satisfying. Phoenix Court is a venture capital firm that ... Read more ›
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ONEHEALTH, a new cross-border health tech project run by Catalyst has been launched, backed by €10m (£8.7m) in funding. Led by Northern Irish startup supporting non-profit Catalyst, ONEHEALTH will bring together research organisations from both sides of the Irish border to address critical public health challenges through the development of pioneering technology. With a focus ... Read more ›
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Cases of fraud linked to open banking payments remain well below the wider industry average, despite the technology’s increased use and the rising rates of scams, new research has found. In its latest report on financial crime, Open Banking Limited (OBL) has found that fraud affecting open banking payments accounted for just 0.013% of transactions ... Read more ›
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The Financial Conduct Authority (FCA) has announced a package of measures aimed at establishing a greater “investment culture” among UK consumers. In the government’s efforts to improve the UK public markets, it has noted that there is a significantly smaller investment culture in Britain than in the US, which it believes limits the availability of ... Read more ›
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The Information Commissioner’s Office (ICO) has criticised the Home Office for failing to inform it about historical bias in the facial recognition algorithms used within the Police National Database. Last week the National Physical Laboratory published a report of its independent testing of facial recognition algorithms commissioned by the Home Office. In its report it ... Read more ›
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The British Business Bank has agreed to back a new biotech fund from SV Health Investors to the tune of $100m (£75m), the largest commitment in the bank’s history. The investment will back the SV8 Biotech Fund, a new flagship vehicle from SV Health Investors, one of the UK’s most prominent backers of the health ... Read more ›
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The Office for Students (OfS), a public body within the Department for Education, has granted edtech unicorn Multiverse new powers in awarding degrees. The upskilling platform has been granted the power to award degrees within the Digital, Business and Administration standards. For Multiverse, this move will enable it to progress on its stated goal of ... Read more ›
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A new climate tech accelerator has been launched as a joint programme from Barclays Eagle Labs and Sustainable Ventures. The initiative will see the climate conscious investor and the entrepreneurial network deliver support for UK-registered startups developing technology with sustainability at its core, or with a clear aspiration to grow into a more climate-focused enterprise. ... Read more ›
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This week’s UK tech funding deals include cross-border fintech Sokin, AI search engine optimisation company Azoma and more. UKTN tracked £87.5m worth of UK tech investment this week (1 December to 5 December), a 104% week-on-week increase across six funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Sokin – £38m Sector: Fintech ... Read more ›
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Much of the internet was rendered inaccessible on Friday morning following a disruption connected with US giant Cloudflare, prompting calls for tougher scrutiny. The outage is the latest in an ongoing trend that has become a tiresome and persistent feature of 2025, a year which has seen one the most hostile cybersecurity environments in history. ... Read more ›
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New investments and policies supporting the AI, semiconductor and data industries of Wales could create a “radically better future” for the region, and for the UK’s tech minister and MP for Vale of Glamorgan, it is about more than just growth. Tech Minister Kanishka Narayan co-chaired his first Semiconductor Advisory Panel in South Wales on ... Read more ›
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Oisin Hanrahan is the founder and chief executive of Keychain, an AI-powered manufacturing platform just recently backed by Tesco, among others, in a £7.5m funding round. In this week’s Founder in Five Q&A, Hanrahan discusses why it is a founder’s approach to mistakes that means more than trying to be perfect, why shifting mindsets when the ... Read more ›
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Azoma, a startup developing search visibility technology optimised for AI, has become the latest in its burgeoning sub-sector to secure funding, raising a pre-Series A investment of $4m (£3m). AI search is attempting to carve itself out as the new standard for online browsing, impacting billions in industries like ecommerce. This has naturally led to ... Read more ›
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The UK and Germany have announced plans to deepen collaboration on quantum technologies, backed by a £14m funding package, UKTN can exclusively reveal. The deal was secured as part of a suite of science and tech announcements that have come following a state visit to the UK from German President Frank-Walter Steinmeier this week. As part of ... Read more ›
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BT has launched a new platform offering a suite of “digital sovereignty services” for UK businesses as geopolitical instability makes sovereignty a top priority. Digital sovereignty is essentially the ability to have your tech infrastructure, digital services and operations contained within your home country. The level of influence of international tech providers has come into ... Read more ›
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The UK tech sector’s response to last month’s Autumn Budget was mixed: while many welcomed the expanded investment incentives, concerns about the overall tax burden remain. Chancellor Rachel Reeves’ budget was the government’s strongest opportunity to directly address the needs of the UK’s business community, but as revealed in a recent roundtable hosted by RSM ... Read more ›
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It is a well-established truth that small and medium-sized enterprises (SMEs) make up the vast majority of businesses and contribution to global GDP. But while the economic importance of small businesses has been known for decades, a fundamental shift is taking place, one that could radically alter what makes SMEs thrive and how an entrepreneur ... Read more ›
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Most popular sources
Business Insider
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30% 11 |
Gizmodo
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15% 10 |
The Verge
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8% 6 |
Tom's Hardware
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7% 34 |
Slashdot
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6% 3 |
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15.12.2025 15:49
Last update: 15:35 EDT.
News rating updated: 22:41.
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