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George Simister @ UK Tech News 2 place · 04/18/2023 06:09 EDT

BGF invests £9m into social housing communication tool Voicescape

Venture capital firm BGF is investing £9m into the Salford, Manchester-based communication software firm Voicescape. Voicescape develops communications software for workers at social housing providers and local authorities. The SaaS firm’s software includes an artificial intelligence caseload manager, which monitors a tenant’s behaviour and risk to then automate the rent arrears management process. “Voicescape’s solutions ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 04/18/2023 05:59 EDT

‘Anything is on the table’: Coinbase boss teases UK move

The founder of Coinbase has suggested the US crypto exchange is open to moving the company to the UK because of a more favourable regulatory environment. In a conversation with former chancellor George Osborne at today’s Innovate Finance Global Summit, Coinbase founder Brian Armstrong said that the regulatory structure in the UK made it potentially ... Read more

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UK Tech News
George Simister @ UK Tech News 3 place · 04/18/2023 05:31 EDT

Messaging apps voice encryption concerns in Online Safety Bill letter

A group of executives from messaging apps including WhatsApp and Signal have raised concerns that the government’s upcoming Online Safety Bill “has no explicit protection for encryption”. In an open letter, the messaging platforms said there are fears the Online Safety Bill as it stands could let the government remove encryption and read private messages. ... Read more

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UK Tech News
George Simister @ UK Tech News · 04/18/2023 05:06 EDT

Aviva puts £150m into venture arm for tech investments

British multinational insurance company Aviva is pumping a further £15om in funding into its technology venture capital firm division. Aviva Ventures invests across customer wellbeing, mobility, sustainability and “opportunities created by new technology”, such as AI. Ben Luckett, chief innovation officer at Aviva, said: “The £150m commitment to Aviva Ventures will be used to make ... Read more

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UK Tech News
George Simister @ UK Tech News 3 place · 04/18/2023 01:00 EDT

Newcastle-based ART Health Solutions scoops £1m

ART Health Solutions has scooped £1m in funding from the North East Venture Fund for its employee wellbeing app. The One Wellbeing app uses techniques such as cognitive performance tests, working conditions, smartphone data and fitness tracker data to analyse the health of employees. “Ultimately the extra capital will support the business in scaling our ... Read more

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UK Tech News
Robert Scammell @ UK Tech News · 04/18/2023 00:00 EDT

UKTN Podcast: Immigram CEO breaks silence on ‘devastating’ Slush controversy

Late last year, startup event Slush awarded a €1m prize to tech talent relocation platform Immigram. Amid a flurry of criticism over the decision to give the top prize to a London-headquartered company founded by two Russian passport holders, Slush swiftly revoked the award. Now, for the first time, Immigram CEO and co-founder Anastasia Mirolyubova ... Read more

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UK Tech News
George Simister @ UK Tech News · 04/17/2023 23:00 EDT

British Property Federation to merge with UK PropTech Association

The British Property Federation, a membership group for property ownership and investment-related companies, is merging with the UK PropTech Association. The two organisations expect to finalise the consolidation in June. It follows the UK PropTech Association holding discussions with its members, which includes a mixture of proptech investors, companies and professional service firms. Melanie Leech, ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 04/17/2023 07:23 EDT

Digital cancer support group Perci Health raises £3.4m

Perci Health, self-described as the world’s first digital cancer support clinic, has raised £3.4m to expand its services. Cancer treatments have developed a lot in the past 30 years, and according to Perci Health, this means aftercare is relatively underdeveloped. Offering support at every stage, from pre-treatment to post-survival, Perci Health has built a digital ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 1 place · 04/17/2023 06:17 EDT

Scan.com raises £4.2m to combat medical image wait times

Scan.com, a health tech startup backed by Monzo co-founder Tom Blomfield, has secured £4.2m for its Series A round. Founded in 2017, Scan.com’s creation was inspired by the extreme wait times faced by NHS patients in need of medical scans. From MRIs to ultrasounds to X-rays, scans are a vital part of medical practices. However, ... Read more

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UK Tech News
George Simister @ UK Tech News · 04/17/2023 06:09 EDT

Asda trials self-driving grocery delivery with Wayve

Wayve is partnering with supermarket Asda to deliver groceries from its Park Royal superstore in West London using self-driving vehicles. The year-long trial Asda will serve an area of 72,000 households and is the largest trial of its kind in the UK, according to Wayve. A Wayve safety driver will accompany Asda delivery drivers for ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 3 place · 04/17/2023 05:59 EDT

AI employee management tool Loopin raises £1.6m

Loopin, a Bristol-based workplace management startup using generative AI from the popular advanced chatbot ChatGPT, has raised £1.6m from angel investors. Powered by an API from Microsoft-backed OpenAI, the company behind ChatGPT, and combined with its own tech, Loopin aims to become an essential piece of workplace software to be used in tandem with the ... Read more

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UK Tech News
George Simister @ UK Tech News 1 place · 04/17/2023 05:32 EDT

Credit card challenger Yonder scores £62.5m Series A

Credit card challenger company Yonder has raised £62.5m in Series A capital, consisting of £12.5m in equity and £50m in debt financing. The Series A funds came from lead investors Northzone and RTP Global, with support from Crust Bros founder Joseph Moore and Cred founder Kunal Shah. Its Series A remains open, with the firm ... Read more

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UK Tech News
UKTN @ UK Tech News · 04/17/2023 02:00 EDT

Calling UK startups: apply now to become KPMG’s next tech innovator

After a decade of success championing British disruptors, KPMG’s Private Enterprise practice has today launched its annual search for the UK’s most exciting tech innovators. The competition, which celebrates its 10th year, has uncovered British tech innovators including What3Words, SafetoNet, FIDOTech and 2022 winner HiiROC, which went on to win the global final during Web ... Read more

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UK Tech News
UKTN @ UK Tech News 1 place · 04/14/2023 08:34 EDT

3 Top Tech Jobs in Wales Hiring this Week

A spate of recent developments in Wales’ technology sector has led to it being described as a country with an “emerging tech cluster”, or in other words, a haven for job seekers looking for a tech position in the region. In March, the Welsh Government announced it was progressing with plans to expand its compound ... Read more

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UK Tech News
George Simister @ UK Tech News 3 place · 04/14/2023 06:31 EDT

Scottish National Investment Bank backs CMS startup Forrit

Edinburgh’s Forrit has received £5m in investment from the Scottish National Investment Bank for its cloud-based content management system (CMS). Forrit’s CMS runs on Microsoft’s cloud computing platform Azure. Businesses use the CMS to manage their website’s content, security and billing, whilst remaining compliant with regulations. “This investment from the Scottish National Investment Bank will help ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 2 place · 04/14/2023 06:26 EDT

Helio raises £2.6m for web3 payment processing

London-based blockchain payments processing platform Helio has raised $3.3m (£2.6m) in seed funding to expand its team. Ecommerce merchants use Helio to process payments using crypto assets. “Payments is the ultimate blockchain killer app, promising lower fees, instant settlement for merchants, and increased privacy & friction-free checkouts for users,” said Stijn Paumen, CEO of Helio. ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 04/14/2023 06:11 EDT

London Stock Exchange to offer crypto derivatives

The London Stock Exchange Group (LSEG) will launch a service to trade crypto derivatives through a partnership with a former banker and a hedge fund manager. The plans will allow institutional clients to purchase Bitcoin futures, wherein they speculate on the value of the crypto asset in Q4 this year. The London Stock Exchange Group ... Read more

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UK Tech News
George Simister @ UK Tech News 3 place · 04/14/2023 05:38 EDT

InvestEngine closes £2m crowdfund to grow its investment platform

Exchange-Traded-Fund (ETF) investment platform InvestEngine has closed a crowdfunding round of £1.94m from 1134 individual investors. InvestEngine hopes to use the crowdfunded capital to add features such as savings plans, workplace investing and self-invested personal pensions to its ETF platform this year. The London-based fintech exceeded its initial goal of £1.25m. Andrey Dobrynin, co-founder and ... Read more

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UK Tech News
George Simister @ UK Tech News · 04/14/2023 04:57 EDT

HSBC invests £30m in smart home device firm myenergi

HSBC UK is investing £30m into the Stallingborough, North East Lincolnshire headquartered smart home device business myenergi. The company develops a variety of smart home goods, including an electric vehicle charger, energy monitoring sensor and modular battery storage system. Capital from HSBC UK will be spent on upgrading its Stallingborough headquarters with the addition of ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 1 place · 04/14/2023 04:00 EDT

App for kids in surgery raises £2.5m in Octopus-led round

Little Journey, an app created to help children and families prepare for surgery, has closed a £2.5m funding round led by Octopus Ventures. The app, co-created by anaesthetist Dr Chris Evans, features animated characters that explain to young users the nature of their upcoming procedure, attempting to calm their nerves during the stressful pre-surgery period. ... Read more

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