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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Maeving, an electric motorcycle maker based in the West Midlands, has secured an £11m Series A investment as it looks to expand to the US. The Coventry-headquartered firm designs and manufactures the electric vehicles with removable batteries that can be charged from standard plug sockets. Having previously received a seed investment in 2020, Maeving is ... Read more ›
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This week’s podcast guest is Jo Cox, chief executive officer of ImServ, who discusses how smart tracking of energy use works for businesses, how AI can help collect and manage energy data and the myths around smart meters. IMServ is a data collection and energy metering firm. Cox, who was appointed as the group’s CEO ... Read more ›
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Oxford University spin-out OXCCU has named former BP Ventures managing director Nacho Gimenez as its chief operating officer. Gimenez has extensive experience as a leader in the energy sector covering commercial strategy, investment and technology innovation. In 2017, he joined BP Ventures and was later promoted to managing director, leading investments that accelerated the decarbonisation ... Read more ›
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Quantum Systems is to invest €50m (£43m) into UK operations over the next five years following the acquisition of Nordic Unmanned UK. The German startup develops AI-powered unmanned intelligence systems for defence, emergency services and industry. Quantum Systems will use the investment to fund infrastructure, local engineering and partnerships with UK providers. Plans include the ... Read more ›
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NRG Therapeutics has closed its oversubscribed £50m Series B round, which included an £8m investment from British Business Bank. NRG Therapeutics is developing novel treatments for severe neurodegenerative conditions, including amyotrophic lateral sclerosis (ALS), motor neurone disease (MND) and Parkinson’s. The Stevenage-based business is currently preparing to move into clinical trials following strong pre-clinical data, ... Read more ›
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Liz Kendall has been named the new Secretary of State for Science, Innovation and Technology as part of a cabinet reshuffle spurred by the resignation of former deputy prime minister Angela Rayner. Kendall replaces Peter Kyle, who has served as Tech Secretary since the Labour came to power in July 2024. Kyle has been appointed ... Read more ›
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A London-based biotech firm that aims to improve infant health with its research into the microbiomes of breast milk has raised £2.5m. BoobyBiome, a spinout from University College London (UCL)’s Great Ormond Street Hospital, was founded by a team of scientists looking to tackle infant health issues by improving the nutrition of their nourishment. The ... Read more ›
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This week’s UK tech funding deals include Cambridge-founded quantum computing giant Quantinuum, diagnostics firm Cyted Health and more. UKTN tracked £507.2m worth of UK tech investment this week (1 September to 5 September), a 475% week-on-week increase driven largely by the megaround secured by Quantinuum. Here’s your weekly roundup of UK tech startup funding deals. ... Read more ›
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Cardiff-based Space Forge has appointed a new chairman to help it accelerate growth and close a Series B funding round. Scott White’s appointment to lead Space Forge’s board of directors comes just several months after it closed a £22.6m Series A round investment round, the largest for a UK-based space tech firm. The company, founded ... Read more ›
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A Norwegian government-run climate fund has invested £5m in a British green tech company providing affordable and reliable power supplies to millions of people living in Africa. Sheffield-based MOPO, which provides sustainable energy supplies across several African nations, said it would use its Norfund investment to hire more people to accelerate the net-zero transition globally. ... Read more ›
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Pippa Harman is the co-founder and chief executive of Renude, an AI company that works with cosmetics brands to provide personalised skincare support. In this week’s Founder in Five Q&A, Harman discusses connecting with likeminded founders, preventing burnout by making time for yourself and understanding how you work best. What advice would you give to a ... Read more ›
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Investment group Plural has co-led a $34m (£25.2m) Series B funding round into Phasecraft, a Bristol-based quantum algorithms company. Founded in 2019, Phasecraft develops “hardware-agnostic” algorithms in partnership with the likes of Google Quantum AI, IBM, QuEra and Quantinuum – which this week raised over £400m. The new funding for Phasecraft brings the total amount ... Read more ›
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The boss of Britain’s national institute for artificial intelligence and data science is to leave the organisation later this year. Dr Jean Innes, CEO of the Alan Turing Institute, announced that she would be resigning from her role to coincide with the completion of the body’s “current transformation programme”. Her exit comes at a time ... Read more ›
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Quantinuum, the Cambridge and Colorado-based computing group, has hit a valuation of $10bn after securing a $600m (£445.6m) investment from backers including NVIDIA. Founded from a merger of Cambridge Quantum and Honeywell Quantum Solutions, Quantinuum has become one of the most advanced firms in the field. Described by its chief executive Raj Hazra as having ... Read more ›
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Many critics of AI technology rightly point to the enormous amounts of power required to train and run these systems. Even among those who accept how impactful AI could be for productivity, at a time when the world is already facing a catastrophic climate crisis, sceptics are understandably opposed to heavy investments into such an ... Read more ›
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The £13m refurbishment works on King’s House in Manchester City Centre to turn it into a modern working environment for innovative businesses have come to an end. The renovation project, led by property platform Bruntwood SciTech with the support of Bruntwood, L&G, and Greater Manchester Pension Fund, has generated 36,000 sq ft of modern office ... Read more ›
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A £360m joint investment package that will generate 180 new jobs has been signed by the UK and Saudi Arabian governments. The deal, unveiled by business secretary Jonathan Reynolds at the Great Futures Summit in London this week, focuses on clean energy and professional and financial services and will bring economic benefits to both countries. ... Read more ›
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A new industry body has been set up to showcase, support and accelerate investment in Britain’s automated aviation sector. The Airside Automation Group, revealed at the Cenex Expo 2025 in Bedfordshire yesterday, is the brainchild of the likes of Zenic, International Airlines Group (IAG), Heathrow Airport, Aer Lingus and Fusion Processing. The group has multiple ... Read more ›
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Tech Secretary Peter Kyle has called on investors and tech industry figures to “step up” and match the ambition of the government in AI, as investment figures are revealed. In a speech to City leaders and tech firms at Mansion House on Wednesday evening, Kyle celebrated government policy to advance AI, including efforts to cut ... Read more ›
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Most popular sources
Business Insider
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21% 1 |
Gizmodo
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12% 2 |
Tom's Hardware
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11% 15 |
Vox
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7% 6 |
The Verge
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7% 0 |
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16.12.2025 15:49
Last update: 15:35 EDT.
News rating updated: 22:41.
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