Electric automotive startup Arrival has received another warning from the Nasdaq Stock Market for producing its annual report on time. Arrival’s financials, which are due on 1 May, have been delayed due to “the diversion of the attention of management and other personnel responsible” towards raising capital and “business combination transactions.” Because of this, Nasdaq ... Read more ›
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As CEO of tech innovation hub Plexal, Andrew Roughan spends a lot of time thinking about scaling. He is motivated to help startups based at Plexal’s East London co-working space grow. He is concerned by the macroeconomic environment for scaling UK companies. And now, his focus is on scaling Plexal in the next stage of ... Read more ›
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Newcastle is full of innovative startups and scaleups. Across the North East as a whole, technology firms boast a turnover in excess of £2bn, employing over 30,000 people in more than 3,500 businesses, according to Tech Nation. Here is a list of 12 Newcastle startups and scaleups compiled by UKTN that you should know about. Bottlepay ... Read more ›
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It is no secret that artificial intelligence (AI) is dramatically transforming industries. However, many organisations struggle to fully adopt and integrate AI into their operations. With AI operations still developing, many businesses lack a dedicated chief AI officer (CAIO), instead leaving oversight to the CTO or CIO. Adding a CAIO to the C-suite can be the difference ... Read more ›
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The proportion of UK female-led companies has increased by just 0.5 percentage points year on year, according to new data. Women-led companies now make up 17.3% of the UK total, up from 16.8% in the year prior, according to The Gender Index. While there was a 14.8% rise in the number of female-led companies that ... Read more ›
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Irish venture capital firm VentureWave has led a $40m (£31.7m) funding round into the investment site Funderbeam. Headquartered in London, Funderbeam is an investment platform used by angel networks and institutional investors. On the platform, investors can invest and trade their shareholdings. Mistletoe, Draper Associates and Ruusalepp joined VentureWave in the funding round. Taizo Son, ... Read more ›
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Guy Windsor-Lewis is the CEO and founder of Locale, a real estate technology platform that provides software services to manage buildings. Windsor-Lewis founded Locale in 2005. Today, the tech platform is used across 80 million sq ft of UK real estate, including in major landmark buildings such as The Shard. The Oxford-headquartered company has relied ... Read more ›
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What a difference a year makes. After reaching a peak of over $200bn in the opening three months of last year, global venture capital (VC) funding fell in each subsequent quarter, according to our latest Venture Pulse report. From January to March this year, total VC investment globally was well under $60bn. With the level ... Read more ›
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Rocket launch company Orbex has begun construction of the first vertical spaceport on UK mainland soil in Sutherland, Scotland. Once complete, Orbex aims to launch up to 12 commercial rockets from the site, carrying payloads of small satellites. The Scottish space site is predicted to produce 250 jobs and is aiming to be carbon neutral. ... Read more ›
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Whether you’re a first-time founder or a seasoned veteran, term sheets are an important stage of securing venture capital (VC) investment. They summarise the key terms of investment and provide a crucial blueprint for a founder and investor relationship. A term sheet can be as simple as a one-pager to 10+ pages. The primary aim ... Read more ›
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The UK’s competition watchdog is launching a review of foundation AI models, the technology behind advanced tools like ChatGPT, to gain a better understanding of the market’s opportunities and risks. The Competition and Markets Authority (CMA) preliminary investigation will look at potential applications of foundation AI models, consumer protections and look to create “guiding principles”. ... Read more ›
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Early-stage venture capital firm Par Equity has led a £2.5m investment into the Lancaster-based startup Fuuse for its EV charging management software. Founded in 2021, Fuuse’s software allows operators to manage their EV charging infrastructure by controlling access, use times and setting tariffs. Michael Gibson, CEO of Fuuse, said: “Fuuse is rapidly growing its market-leading ... Read more ›
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British Business Investments is providing Praetura Group’s Kingsway Finance with a £10m block discounting funding facility. The finance provider will use British Business Investment’s capital to offer more loans to UK SMEs. It issues SMEs with loans from £5,000 up to £25m. Peadar O’Reilly, CEO of Praetura Group’s lending division, said: “SMEs need funding on the ... Read more ›
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The UK’s financial regulator has announced changes to equity secondary markets aimed at encouraging more activity in London’s public markets. The Financial Conduct Authority (FCA) said it will lower trading costs, make equity secondary markets more transparent, and allow UK trading venues to reference company prices from overseas markets. Primary markets are when securities in ... Read more ›
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Challenger business lender Allica Bank said it achieved monthly profitability in June last year and reached a pre-tax profit for the second half of the year of £3m. Its full-year pre-tax loss stands at £1.6m, a significant reduction from the £25m loss the year prior. Richard Davies, CEO of Allica Bank, said: “Allica has entered ... Read more ›
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Electronics designer Dyson is building a new £100m Technology Centre in Bristol, as well as building new facilities in the Philippines and a battery plant in Singapore. Dyson’s Bristol base will have “hundreds” of software and AI engineers creating Dyson’s next decade of products, the company said, along with commercial and ecommerce teams. The company’s ... Read more ›
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Manchester-based startup CultureAI has landed £7m in seed investment for its human risk management software. Founded in 2018, the startup is used by IT workers and cybersecurity professionals to analyse behavioural data and spot risky actions that could jeopardise their company’s cyber defences. It tracks when employees make security-compromising actions, such as repeating passwords, keeping ... Read more ›
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The Financial Conduct Authority (FCA) is looking to “simplify” the UK’s IPO rules in a bid to encourage more London tech listings. The new proposals would scrap the option for a standard or premium listing and replace it with just one process for commercial company equity shares. It comes just days after Cambridge chip firm ... Read more ›
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Edinburgh-based startup Gravitricity has secured nearly £829,000 from a crowdfunding raise for its underground energy storage technology. The startup exceeded its initial goal of £550,000, with 1,085 investors participating in the Crowdcube raise. Gravitricity will spend the crowdfunding investment on hiring, developing its hydrogen storage, and supporting its energy storage projects in the UK, Germany, ... Read more ›
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Energy startup SMPnet has raised $1.4m (£1.1m) in funding from investors that includes the CEO of multinational energy company SSE. London and Glasgow-based SMPnet is developing software to control power grids using AI. Its software is used by providers offering energy services, utilities, and microgrid services. Anastasios Rousis, CEO and co-founder of SMPnet, said: “We ... Read more ›
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14.06.2026 14:47
Last update: 14:40 EDT.
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