A London-based generative AI startup bringing generative AI to learning has raised $6.5m (£5.1m) in a round led by LocalGlobe and Cavalry Ventures. Kinnu was founded in 2021 by Christopher Kahler and Abraham Müller, before being joined by Hanna Celina as co-founder last year. Its app, which has over 100,000 downloads, uses artificial intelligence to ... Read more ›
1
Tandem, the fintech billing itself as the “green digital bank”, has secured £20m in new funding after reporting its first year of profit. The capital injection comes just a month after Tandem’s latest financial report revealed it had hit its first full year of operating profit. “This investment marks another significant milestone for Tandem as ... Read more ›
0
NatWest is calling on the financial services industry and regulators to work together to resolve obstacles holding back the wider adoption of open banking. A report from Oxera, commissioned by the banking giant, identified the key challenges to growing open banking in the UK as a lack of commercial incentives to develop new use cases, ... Read more ›
2
A fund investing at the “intersection” between media and technology has raised £50m, including a cornerstone commitment from the British Business Bank. London-based venture capital firm Mercuri, which has rebranded from GMG Ventures, will support startups working on media-related technology solutions and are using AI in the UK. “We are delighted to announce the launch ... Read more ›
2
Data firm WANdisco has secured £24m in funding as it looks to steady the ship after it was rocked by an internal investigation that uncovered potential fraud. The Sheffield-based company began seeking funding in May as it looked to avoid a collapse over the summer. The firm has now issued 47.5 million new shares, with ... Read more ›
1
Arrival is scrapping a merger with special purpose acquisition company Kensington Capital Acquisition Corp in the latest blow for the embattled electric vehicle company. The two firms have cancelled the merger agreement set out in April, which would have been UK-founded Arrival’s second merger with a special purpose acquisition company (SPAC) after it listed on ... Read more ›
30
London-based AI startup Immersive Fox has secured a £2.8m funding round to advance its video generating technology. Similar to Synthesia, which was recently propelled to unicorn status after a £71.4m fundraise, Immersive Fox can turn user-inputted prompts into video presentations. Like Synthesia, the technology is primarily designed for enterprise purposes. Users can create corporate communications ... Read more ›
21
Ilyas Khan, of Quantinuum, explains why quantum computers have the potential to radically change everything about how computing works, how the top prize in quantum has generated a geopolitical race, and what it’s like quietly building a deep tech multi-corn. Khan is the co-founder of Cambridge Quantum, which in 2021 merged with US-based Honeywell to ... Read more ›
2
After a record number of entries and hours of pitching to judges, eight businesses representing the very best of innovation from across the UK have been selected to head to the national final where they’ll battle it out to be crowned KPMG Private Enterprise’s Tech Innovator in the UK. This year we are celebrating 10 ... Read more ›
3
A Cambridgeshire-based semiconductor firm is calling on the government to make amendments to the country’s semiconductor strategy. Graphene-based electronics company Paragraf has published a plan identifying key improvement areas such as resources, infrastructure and skills. One of Paragraf’s concerns is over the international worker visa system for foreign staff who have been hired in the ... Read more ›
15
A cross-party committee of MPs will examine the challenges faced by SMEs seeking financing, amid a national slowdown of startup funding. The MP inquiry will examine the state of SME regulation and the role the government can play in enhancing financing options for startups. The investigation will look into accessability of funding, the role of ... Read more ›
2
The majority of Yorkshire-based tech companies (71%) are on the hunt for funding to expand their operations, according to new data. In addition to new investment, businesses in the area estimated that their revenue is expected to shoot up 94% on average in the coming year, according to data from Tech Climbers. “Our data shows ... Read more ›
1
Camena Bioscience, a health tech startup providing genes to the pharmaceutical industry, has announced a $10m (£7.9m) Series A round. Founded in 2016, Camena Bioscience has developed a process to make and sell synthetic enzyme-based genes to support biotech research and drug discovery. The Cambridge-based firm said that its enzymatic technology is more accurate and ... Read more ›
1
If someone asks you if the UK is a good place for tech or not, do you find yourself giving the answer ‘it depends on who you speak to’? We are told by the government that the UK is the best place to invest and grow your business. Its website trumpets the impressive statistic that ... Read more ›
12
Pornography sites will need to incorporate age verification or estimation to stop children from looking at sensitive content due to amendments to the Online Safety Bill. Topics that are also coming under scrutiny in the amendments are the promotion of suicide, self-harm and eating disorders. Changes to the Online Safety Bill, passing in the House ... Read more ›
0
Smarter Contracts, a blockchain startup that has developed a platform to manage data permissions, has closed a $1m (£790,000) funding round. Founded in 2018, Smarter Contracts will use the new funding to support the development of Pulse, the startup’s blockchain-based platform to manage user consent in data sharing. The company describes its mission as making ... Read more ›
0
Anti-money laundering (AML) regulation could face reforms to combat financial crime in a move that could impact fintech companies operating in the UK. The Treasury has launched a consultation following a review of the state of AML law in 2022, which concluded that while improvements had been made to the regime there are still weaknesses. ... Read more ›
0
Dr Sylwia Barker is the founder of MicroVita, a startup developing a device to help the pharmaceutical industry develop new drugs on living tissues. The University of Southampton spinout has created a lab-on-a-chip device that uses nuclear magnetic resonance spectroscopy to measure the effects of drugs on live tissue cultures. MicroVita says its approach can ... Read more ›
0
Small business payments startup Statement has secured £1.5m in its pre-seed round led by venture capital firm Northzone to launch in the UK. Statement provides a platform for SMBs to compare payments providers and claims it can save merchants “up to £5,400 annually” in card payment fees. SMBs import their payment contracts onto Statement, which ... Read more ›
33
This year marked the tenth anniversary of London Tech Week, a global celebration in which more than 30,000 visitors gathered in the capital to debate the newest trends in tech, attend over 500 events and network with industry leaders, investors and political decision-makers. Since its inception, London Tech Week and the city’s tech ecosystem as ... Read more ›
0
Most popular sources
ScienceDaily
|
0% |
Vox
|
0% |
Wired
|
0% |
VentureBeat
|
0% |
Business Insider
|
0% |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
14.06.2026 03:21
Last update: 03:10 EDT.
News rating updated: 10:11.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.