Bitget, the largest crypto copy trading platform, has announced a $30m investment into the decentralised multi-chain wallet BitKeep, becoming its controlling stakeholder. The deal will allow the exchange to extend its range of services, while also supporting BitKeep in enhancing the stability and security of its offerings. It’s also aimed at helping both companies leverage ... Read more ›
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UK microchip company Pragmatic Semiconductor has appointed a new chief executive who will replace co-founder Scott White. David Moore, a veteran of the semiconductor industry, will assume the role of CEO at Pragmatic. Moore most recently served as the chief strategy officer at the Nasdaq-listed chip firm Micron Technology. Prior to Micron, Moore worked in ... Read more ›
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Cambridge computing firm Raspberry Pi Ltd has received a minority investment from Sony’s semiconductor division. As part of the deal, Raspberry Pi users will gain access to Sony Semiconductor Solutions’ AITRIOS platform to develop AI applications such as visual sensing using cameras. The financial terms of the deal were not disclosed. Terushi Shimizu, president and ... Read more ›
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Electric vehicle startup Arrival is undergoing a reverse stock split to ensure it meets the minimum listing requirements for the Nasdaq stock exchange. Arrival first received a warning from the Nasdaq due to a low trading price back in November after its price went under $1 for 30 consecutive days. The reverse stock split, agreed ... Read more ›
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Albion Capital, a London-based VC firm, has secured £80m of funding just over a year after announcing it was seeking finances. The firm said it will deploy the £80m across its existing portfolio, which is made up of six venture capital trusts (VCTs). “VCTs play an important role bringing British innovation to life and supporting ... Read more ›
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Digital health and education platform Cognassist has received a £4m investment to expand its neuro-inclusive services from the education sector into the enterprise market. Founded in 2019, Cognassist has built a software-as-a-service platform to identify unknown learning needs. The company said its product is backed by “extensive scientific research” to determine how to support neurodiverse ... Read more ›
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SoftBank boss Masayoshi Son is set to sign a formal agreement with the Nasdaq stock exchange regarding the listing of Arm, in the first official step towards the Cambridge semiconductor designer’s New York IPO. As reported by the Financial Times, SoftBank reached an agreement with the stock exchange earlier this week and is expected to ... Read more ›
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Spotted Zebra, a startup offering employee skills insights to companies, has raised $1.8m (£1.4m) to tackle the ever-present skills gap in the UK. Spotted Zebra says it has created a tool that gives employers worker data to measure the skills of their teams. The idea is that organisations can identify both gaps in employee skills ... Read more ›
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Infogrid, a London-based platform that uses AI to improve the sustainability of buildings, has raised $90m (£72.4m) in Series B funding. The Infogrid platform was designed to minimise carbon emissions and water and chemical waste in buildings whilst generating financial returns on suggested sustainability investments. The company claims its product, which collects data from client ... Read more ›
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London-headquartered OneWeb will trial its satellite-based internet service on the Shetland Islands and Lundy Island. OneWeb, in which the British government holds a minority stake, will deploy its low-Earth orbit (LEO) internet satellite technology to connect households and businesses in the two remote areas. The internet connection will be facilitated by BT and Clarus. Neil ... Read more ›
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University of Glasgow spinout SOLASTA Bio has secured £4m in funding for an “eco-friendly” insecticide to help protect crops from damage caused by insects. The company uses neuron-made small proteins, called neuropeptides, instead of synthetic chemicals traditionally used in insecticides. SOLASTA says its “nature-inspired” products can specifically target pest insects while leaving pollinators, such as ... Read more ›
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Recently founded payments startup Ryft has secured its UK regulatory licence from the Financial Conduct Authority (FCA) as it looks to one day take on fintech giant Stripe. Founded in 2022, Ryft has described itself as Stripe Connect, a payments integration solution, but “without the high fees” and lengthy payout wait times. Used by B2B ... Read more ›
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Nolea Health, a platform to recruit mental health professionals and tackle staff shortages, has emerged from stealth with a £1m investment. The London-based startup was founded last year, following the intense strain the pandemic had on an already overstretched NHS. Nolea Health is an online jobs marketplace that aims to address the mental health clinician ... Read more ›
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Short-stay rental platform Airbnb is acquiring Scottish proptech company Letting Cloud for an undisclosed amount. Founded in 2019 by CEO Grant MacCusker, Letting Cloud provides a platform for more than 5,000 estate agents to promote their short-term, long-term and holiday rentals. The Edinburgh-based company verifies its landlords by cross-referencing details with the Scottish Landlord Register. ... Read more ›
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The UK government is aiming to deliver full 5G standalone coverage to all populated areas by 2030 and has unveiled a £40m fund for 5G innovation to encourage “growth at a local level”. The Department for Science, Innovation and Technology (DSIT) announced the plans as part of its Wireless Infrastructure Strategy, which consists of an ... Read more ›
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Parkinson’s disease is the fastest-growing neurological condition in the world, and yet there is currently no cure. Lucy Jung co-founded Charco Neurotech, an Imperial College London spinout, to develop a medical device that alleviates Parkinson’s symptoms with vibrations. Jung, who met someone with Parkinson’s in 2014 while studying for a double master’s degree in innovation ... Read more ›
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Allotrope Energy, a startup that has developed a new form of fast-charging batteries from trees, has secured $6.7m (£5.3m) in funding. Founded in 2016, the Surrey-based energy startup develops batteries for use across the mobility, aerospace, and robotics industries. The company claims its fast-charging product can reach full energy capacity in the time it takes ... Read more ›
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For more than a decade fintech startups have been challenging the dominance of banking giants. Free from legacy technology and bureaucracy, they are often nimbler and able to innovate quickly. But until the arrival of ClearBank in 2015, there had not been a new UK player entering the clearing bank market for 250 years. Now, ... Read more ›
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Funding for UK-based health tech companies dropped by 37% in 2022, according to new research from market intelligence platform Tracxn. Funding for the UK health tech sector dropped from $2.11bn in 2021 down to $1.32bn in 2022 in a year when rising interest rates and soaring inflation caused a drawback in overall tech investment levels. ... Read more ›
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Sançar Sahin is the co-founder and CMO of Oliva, a startup providing personalised workplace mental health support. The Oliva platform gives employees on-demand, specialist mental health support. The service matches therapists with employees based on their individual needs and is active in over 70 countries. It is paid for by employers, with Oliva’s customers including ... Read more ›
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28.06.2026 15:37
Last update: 15:30 EDT.
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