Tech Climbers has revealed its latest shortlist of the best performing product-led tech businesses in Greater Manchester that are making an impact. This week, the tech community gathered at the Cloud 23 cocktail bar in the heart of Manchester’s city centre as journalist Peter Stojanovic unveiled the 11 companies that made the official list and ... Read more ›
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This week’s UK tech funding deals include neurodegenerative treatment developer NRG Therapeutics, AI email assistant Fyxer and more. UKTN tracked £103.2m worth of UK tech investment this week (8 September to 12 September), an 80% week-on-week decrease across five funding rounds. Here’s your weekly roundup of UK tech startup funding deals. NRG Therapeutics – £50m ... Read more ›
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The government has claimed the use of AI among its coders has save the equivalent of almost a month per year, following the results of a trial. British public services have been heavily encouraged by central government to embrace AI in the name of efficiency. Among the recent efforts in public sector AI has been ... Read more ›
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Jack Kokko is the founder and chief executive of AlphaSense, an AI-powered market intelligence platform used by organisations to inform decision-making and monitor trends. In this week’s Founder in Five Q&A, Kokko discusses having the confidence to believe in the decisions you have made as a leader and realising they have led you to where you ... Read more ›
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Plural, the early-stage investment fund that has backed the likes of Phasecraft and Robin AI, has appointed Alasdair Dickson (pictured) as its new head of investor relations. The investor was co-launched by a team including Wise co-founder Taavet Hinrikus and senior government AI advisor Ian Hogarth and has become a prominent figure in early-stage European tech ... Read more ›
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Price comparison provider Compare the Market is scaling its tech capabilities with the hiring of two senior AI experts. Andrew Hawkins, the former chief executive of Shieldpay and former CTO of Zopa and HSBC, has joined as the firm’s new technology director. Throughout his senior roles, Hawkins has become known for overseeing the delivery of ... Read more ›
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Seagate Technology, a $40bn data storage company based out of California has announced plans to invest £100m in an R&D project in Northern Ireland. The project will see the company invest in nano-photonic innovation, essentially state-of-the-art hard drives to support industrial-scale data storage in the era of AI. The five-year plan will take place in ... Read more ›
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KPMG’s global Emerging Giants programme supports fast-growth and scaling businesses, working across a variety of sectors to provide support to companies navigating the complex, and often overwhelming, early stages. In this exclusive interview with UKTN, Lowe explains what makes the ultimate Emerging Giant, the special qualities that founding teams need to progress beyond the early ... Read more ›
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British decision intelligence company Quantexa has brought on former UK cabinet minister Lucy Frazer to its advisory board. The software company, which works with organisations to analyse their data and inform decision-making, has been building its advisory board in support of its global expansion plans. Other recent appointees include former Microsoft VP Steven Guggenheimer and ... Read more ›
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TERN Group, a London-headquartered recruitment startup that uses AI to source healthcare talent from across the world, has raised $24m (£17.7m) in Series A funding. Founded in 2023, TERN’s platform was created to address a workforce shortfall in the healthcare sectors in regions including the UK, the European Union, the US and the Arab Gulf. ... Read more ›
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Deep tech and life science investor Cambridge Innovation Capital has appointed business mogul Sir Nigel Wilson as its chair. Wilson ran FTSE 100 financial services group Legal & General for over a decade as chief executive and currently serves as the chairman of the property giant Canary Wharf Group. The 68-year-old will replace outgoing Cambridge ... Read more ›
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Three individuals charged with illegally encouraging dangerous investments via social media appeared in court today in a case against UK ‘finfluencers’. Charles Hunter, Kayan Kalipha and Luke Desmaris appeared before Westminster Magistrates’ Court on Wednesday, each charged with offences related to their social media activity. The Financial Conduct Authority (FCA) has been cracking down on ... Read more ›
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The UK’s innovation agency has awarded £27m in funding for 31 new technology awards aimed at advancing the biotech industry. UK Research and Innovation (UKRI) via its Biotechnology and Biological Sciences Research Council (BBSRC) has funded technologies ranging from imaging tools to exam cell behaviour to a mobile platform tracking carbon movement on farms. The ... Read more ›
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The Ministry of Justice (MoJ) is trialling a scanning system for criminals on probation, as part of a continued government push for the use of facial recognition in law enforcement. The £8m pilot programme will see the department deploy remote check-in surveillance via the mobile devices of those being monitored during probation. The system will ... Read more ›
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Argo Blockchain, a UK-based Bitcoin mining company listed on the London Stock Exchange, has entered a restructuring agreement that will likely see over 80% of its equity acquired by US group Growler Mining. The firm announced in June that it was seeking a loan and restructuring deal described as “necessary to avoid an uncontrolled insolvency ... Read more ›
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The UK financial regulator has proposed expanding the use of contactless payments by allowing providers more freedom over its limits. The Financial Conduct Authority (FCA) is consulting on proposals for contactless payments to be allowed for larger purchases as the payment time grows in popularity. The FCA said on Wednesday it encourages payment firms to ... Read more ›
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The private capital investor community believes that the UK is an attractive investment prospect, according to new data. New research from the British Private Equity and Venture Capital Association (BVCA) has found that 80% of private capital investors surveyed by the group believe the UK to range from fair to excellent when it comes to ... Read more ›
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The Business AI Alliance, a group bringing together sector-based organisations to shaping national AI policy and act as a voice for SMEs, launches today, UKTN can exclusively reveal. The group’s initial focus is to shape a credible, strategic narrative around AI’s economic potential and to ensure the UK’s over 3,000 AI-focused SMEs are represented in government ... Read more ›
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Accelerator and angel syndicate Baltic Ventures has invested £300k in a new cohort made up of ten startups from the Liverpool city region. Backed by a £4.1m grant from the Liverpool City Region Combined Authority, Baltic Ventures’ Accelerator 2025 cohort includes digital tech startups covering proptech, healthtech, e-commerce, edtech, fintech and climate tech. The cohort ... Read more ›
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AI-powered email and meeting assistant Fyxer AI has closed its $30m (£22m) Series B round. The round was led by Madrona with participation from Lakestar Capital. Previous investors include 20VC, 20Growth and Salesforce founder Marc Benioff. The Series B investment will expand the London-based startup’s capacity to meet growing demand from professionals, deepen product development ... Read more ›
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British tech companies are keen to accelerate their innovation with new research and development (R&D) projects despite recent challenges, according to fresh figures. A survey of 500 scaleup leaders and 250 venture capital and private equity decision-makers in the UK by EmpowerRD found that 80% planned to claim R&D tax relief in 2025 to fuel ... Read more ›
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Tom's Hardware
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20% 4 |
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16.12.2025 08:58
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