British graphene electronics company Paragraf has acquired US-based biocompatible chip firm Cardea Bio. Acquiring Cardea Bio will allow Paragraf to create a “pipeline of biosensing products aimed at solving major global challenges”, said Paragraf CEO and co-founder Simon Thomas. He added: “These products will strengthen surveillance of the quality and integrity of our food production processes, ... Read more ›
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Cambridge-headquartered semiconductor designer Arm has filed with regulators for an initial public offering (IPO) in the US. Arm parent company SoftBank said on Saturday that it has “confidentially submitted a draft registration statement on Form F-1 to the US Securities and Exchange Commission relating to the proposed initial public offering of American depositary shares representing ... Read more ›
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Prime Minister Rishi Sunak began last week telling a room full of nearly 250 business and tech leaders that he is “unashamedly pro-business”. Speaking at the inaugural Business Connect summit, Sunak’s driving message was that his government is here to listen to the concerns of businesses. It was a chance for the prime minister to ... Read more ›
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The US Supreme Court’s decision to reject the bid for AI to be inventors on patents could have a ripple effect on UK productivity if the government fails to act. In Washington DC last week, the US Supreme Court threw out computer scientist Stephen Thaler’s latest bid for AI to be recognised as the legal ... Read more ›
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When Kim Callender asked women to share their experiences of travelling alone, she was stunned by the response. Speaking to more than 100 women, two things became clear to her: there is a huge market for women who want to travel solo, and there is a disturbing reality that it is often unsafe for them to ... Read more ›
0
Equity crowdfunding platform Crowdcube is taking legal action against Student Rents to recover investors’ money after a UKTN investigation revealed the Scottish proptech startup fabricated details in a pitch deck. Crowdcube said it is “in the process of fully refunding” the 170 investors who participated in the funding round. The crowdfunding platform added it has ... Read more ›
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Wikimedia UK, part of the organisation responsible for Wikipedia, has expressed “deep concerns” over the impending Online Safety Bill. The organisation’s concern lies with amendment nine of the bill, which would require any additions or changes to the content on its website would require authorisation from a barrister. In a statement obtained by UKTN, Wikimedia UK ... Read more ›
20
Crypto compliance service provider Zodia Custody has closed a $36m (£28.8m) funding round that saw participation from Standard Chartered. Zodia is run by Starling Bank co-founder Julian Sawyer, who was appointed in January. It offers compliance services for the digital asset economy, a key product for the sector as tighter crypto regulation in the UK ... Read more ›
0
Biodegradable plastic startup Polymateria has bagged £20m in capital from investors in its Series B round. Polymateria has created packaging that degrades at a much faster rate than traditional plastics. The company says its product takes less than a year to degrade by more than 90%, compared to traditional plastic which takes decades to hundreds ... Read more ›
1
The value of VC firm Molten Ventures’ holdings, which includes notable tech companies such as Revolut and Graphcore, has dropped by almost £200m in a sign of a challenging market. London-based Molten Ventures said in a trading update that the gross value of its tech portfolio had dropped from £1.53bn last year to £1.37bn at ... Read more ›
0
Centuro Global has scoped £3.3m for its software platform that assists companies that are expanding their operations overseas. Businesses growing over new borders can use its AI tools to aid with immigration, HR, legal compliance, tax and accounting. “Global expansion is complex, with confusing local laws, complicated taxes and hefty fines for those who fail ... Read more ›
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Richard Arundel is the co-founder of Currencycloud, a payments infrastructure company that was acquired by Visa for £700m in 2021. Arundel, who has over 15 years of experience in foreign exchange markets, founded the B2B cross-border payments company in 2012. The London-headquartered company has developed payment APIs that are used by the likes of Revolut, ... Read more ›
9
Sky-rocketing interest rates, the unexpected demise of Silicon Valley Bank and wider economic uncertainty have created a challenging environment for UK tech entrepreneurs seeking to secure funding. Understandably, investors have grown ever more cautious – venture capital funding has dropped by more than 50% over the last twelve months. Against this backdrop, last Friday’s TLA ... Read more ›
1
When OpenAI launched ChatGPT in November 2022, mass adoption of artificial intelligence (AI) came sharply into focus, with the chatbot crossing 100 million users just two months later to become the fastest-growing consumer application. In fact, according to a state of AI report from McKinsey, AI adoption has more than doubled globally from 2017 ... Read more ›
2
HumanForest, a London-based micromobility startup, has raised £12m as it looks to expand its e-bike service across the UK capital. Founded in 2020, HumanForest has rolled out its rental e-bikes to nine London boroughs. The company differentiates itself from competitors like Lime by offering users 10 minutes of free cycling per day. HumanForest said the ... Read more ›
5
The co-founder behind Muslim dating app Muzz has raised £2.75m in seed funding for his latest venture: a calendar app called Onin. The London-based software company has developed a keyboard extension that lets users check their calendar, create events and invite people without having to leave their messaging app. Ryan Brodie, founder and CEO, Onin, ... Read more ›
0
TympaHealth, a startup building a digital solution to treat hearing issues, has raised $23m (£18.5m) in a round led by Octopus Ventures. The London-based startup’s digitised ear and hearing health assessments can be used to support clinicians across a variety of ear, nose and throat (ENT) processes, including otoscopies, micro-suction wax removal and general hearing ... Read more ›
0
Sony Music and Digital Catapult have launched a UK-based programme to support Black founders who are working in the digital entertainment space. The initiative, called The FutureScope Black Founders Programme, is accepting entrepreneurs using technologies in their business such as sing 5G, AI, VR, distributed ledger and quantum. The key criterion is that the business ... Read more ›
9
Just over a year after coming out of stealth with a £13m fundraise, London-based pricing operations platform M3ter has almost doubled its funding with a $14m (£11.2m) Series A round. Having grown its domestic client base in the past year, the startup is now turning its attention towards capturing the US market. Founded in 2020, ... Read more ›
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“Most of the money is in London,” says Tony Stott, CEO of Midven and investment director at Future Planet Capital. “We’d like people from London to come up to the West Midlands to invest more”. The region, which has a tech sector valued at £15.3bn, has been creating new funding resources for its startups and ... Read more ›
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14.06.2026 14:46
Last update: 14:40 EDT.
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