The UK’s financial regulator has shared plans to boost London IPOs and address “a significant drop in the number of listed companies in the UK since 2008.” Sarah Pritchard, executive director of markets and executive director of international at the Financial Conduct Authority (FCA), said in a speech on Tuesday that the regulator will make ... Read more ›
1
The aviation regulator has issued 343 licences to UK space companies since 2021, with 18 being awarded last week in a sign of the sector’s growth. There are also another 25 applications that the regulator is sifting through from “aspiring” satellite operators, launch operators and satellite firms. Three UK spaceports are currently among the 20 ... Read more ›
55
Venture capital firm Seedcamp is launching a $180m (£144.5m) fund to back 100 seed-stage companies across Europe. London-headquartered Seedcamp will provide investments of up to $1m (£802,000) for startups operating in areas including AI, cybersecurity, health tech, open source software and fintech. Fund VI has the backing of institutions, angels and the Seedcamp Network. The ... Read more ›
9
UKTN’s coverage of the Future Worlds accelerator 2023 cohort’s trip to San Francisco continues with day two. On Tuesday, the Future Worlds group visited the office of Skydeck, a fellow startup accelerator and part of the University of California, Berkeley. From the lobby alone, the organisation’s prestige shone through. On the wall, a plaque hung ... Read more ›
1
Tenzo, the AI-powered restaurant PerformanceOps platform, has closed a £4m Series A funding round led by Amadeus Capital Partners and S28 Capital. Founded by two computer scientists – with one turned restaurateur – Tenzo aims to use AI to help restaurants improve their performance by optimising efficiency and increasing revenue, all while lessening the impact ... Read more ›
20
The UK is leading the race for space investment in Europe, accounting for 17% of the sector’s global funding. Globally the UK’s space sector only receives less private money than the US. “We’ve spear-headed new investment into the UK space sector from homegrown and valued international partners,” said Joshua Western, CEO and co-founder of Space ... Read more ›
0
London-based payments solution Hands In has completed a £440,000 funding round to accelerate the commercialisation of its group purchase platform. Hands In enables customers to split shopping baskets between a group equally or by item, inviting all group members into the transaction. Each customer can pay into the group simultaneously, and no money is taken ... Read more ›
30
Edtech startup Oneday, which describes itself as “Shark Tank meets university”, has scooped $6.2m (£5m) to launch an MBA programme. Students on Oneday’s 18-month programme will receive mentorship from a “seven-figure entrepreneur mentor”, create a business and receive an MBA degree. Ranbir Arora, founder and CEO of Oneday, said: “Our mission is to provide what ... Read more ›
1
The European Commission has approved Microsoft’s acquisition of Activision Blizzard just weeks after the UK competition regulator blocked the £55bn merger. The Commission says its in-depth market investigation indicated that the deal would not harm rival Microsoft consoles and rival multi-game subscription services. However, it acknowledged that Microsoft could harm competition in the distribution of games ... Read more ›
96
French workplace rewards company Edenred has acquired London-headquartered employee engagement platform Reward Gateway for £1.15bn. Reward Gateway has a variety of employee-focused software tools for HR departments including a discounts scheme, benefits scheme, reward scheme, internal communication and engagement analytics. “As we will aim at a single unified platform, we will benefit from economies of ... Read more ›
2
Embattled electric vehicle company Arrival has ended the first quarter with $130m (£104m) cash following cost-cutting measures as it pushes ahead with a second merger with a special purpose acquisition company. In April, the loss-making company said it will enter a business combination with Kensington Capital in a bid to raise as much as $283m ... Read more ›
0
UKTN has flown to Silicon Valley to accompany the 2023 cohort of Future Worlds’ accelerator from the University of Southampton on its journey through the world’s largest tech hub. UKTN will provide exclusive behind-the-scenes coverage of the group, which contains founders across sectors including EVs, blockchain, medtech and more, as it meets with some of ... Read more ›
2
Troubled data company WANdisco is looking to raise an emergency $30m (£24m) in equity fundraising to avoid collapse this summer. As of April 30, WANdisco had a net cash balance of $8.1m with no debt facilities, which its board believes would only keep the firm afloat until mid-July unless external funding is found. In a ... Read more ›
6
An organ transplant spinout from Newcastle University has raised £1.5m to establish an office in Greater Manchester. ScubaTx says its device, currently at the prototype stage, can extend the transportation time for organs to over a day by cooling them through humidified gas. ScubaTx’s round was led by the GMC Life Sciences Fund by Praetura ... Read more ›
2
University of Bristol spinout Rosa Biotech has secured £415,000 in angel investment to accelerate pre-clinical trials for its AI-driven platform that aims to make earlier diagnoses of liver disease. Rosa Biotech is aiming to speed up the diagnosis of different diseases by combining protein design and machine learning. The startup is initially targeting the early ... Read more ›
1
Revolut’s CFO Mikko Salovaara has resigned from the company citing “personal reasons”, the latest in a string of setbacks for the fintech as it pushes to become a global ‘super app’ and secure a UK banking licence. Salovaara joined the neobank in January 2021 as VP of finance and was promoted to group CFO just ... Read more ›
33
London-headquartered digital pension provider Smart has secured £76m in Series E capital from UK and US investors to finance “near-term” acquisitions. The company said it will use the sizeable round, which bucks the funding downturn, to fuel its global expansion plans. The company already has a presence across Europe, the US, the Middle East and ... Read more ›
0
DSW Ventures has closed a £2m regional fund to invest in early-stage startups based outside of the ‘golden triangle’ of London, Cambridge and Oxford. The Manchester-based investment firm said it plans to invest the full £2m in the current tax year and is searching for university spinouts to back in addition to seed-stage startups. It ... Read more ›
37
Biotech startup OMass Therapeutics has raised £10m from British Patient Capital for its drug development platform. The University of Oxford biotech spinout is developing small molecule therapeutics for rare diseases and immunological conditions. It uses a combination of novel biochemistry, native mass spectrometry and custom chemistry. The funding, which is an extension of its Series ... Read more ›
6
Coding platform Sticky which uses stickers in physical locations has attracted £1.5m in seed funding. Organisations can programme NFC-equipped stickers to begin tasks on a phone such as taking payment in a store by tapping them. The owner can track the performance of each sticker. “With one tap of a sticky an interaction or payment ... Read more ›
1
Most popular sources
MacRumors
|
0% |
ScienceDaily
|
0% |
Financial Times
|
0% |
StartUs Magazine
|
0% |
GSMArena.com
|
0% |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
14.06.2026 13:17
Last update: 13:10 EDT.
News rating updated: 20:10.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.