Cambridge-based climate startup Levidian has selected Luxembourg as its first European location to deploy its decarbonisation devices that convert methane into hydrogen and carbon. Luxembourg-based Stugalux will use Levidian’s LOOP device to break methane into hydrogen and carbon atoms, then turn the carbon into wonder material graphene for use in residential construction. The devices do ... Read more ›
9
The state-owned British Business Bank is supporting an investor readiness programme for Welsh startups, run by Tramshed Tech. Known for its Startup Academy, Tramshed Tech is a Cardiff-based group that supports the growth of early-stage startups in the area with office space and a portfolio of incubator and accelerator programmes. Tramshed’s latest offering, the Investor ... Read more ›
6
Rodeo, the finance app for gig economy workers, has raised $5m (£4m) in an investment round led by LocalGlobe. Founded in 2021, Rodeo is an app for independent contractors working in the gig economy, most commonly as couriers for companies like Just Eat and Uber Eats. Users can track their earnings from across their various ... Read more ›
2
Agtech startup Pastoral has secured £205,000 in pre-seed funding for its animal tracking and farm monitoring software. Features of Pastrol’s farming software include virtual fencing, where a farmer draws an area on his phone where he would like their animals to stay within. When an animal crosses the invisible virtual fence, its collar plays a ... Read more ›
2
Recent advances in technologies like ChatGPT mean we are currently at the beginning of an AI “renaissance period”, according to the recently appointed CTO of venture capital firm Sure Valley Ventures. “We’re kind of at the start of the next wave of a renaissance period equivalent to what we saw with the early days of ... Read more ›
2
The number of climate-focused financial technology companies doubled in Scotland in 2022 amid a year in which Scottish fintech companies bucked the wider funding downturn. The data, which came from the independent cluster body FinTech Scotland, shows that there was an overall increase of 13% in the number of fintech companies setting up a base ... Read more ›
2
A startup that has developed a hormone patch for women with menopause symptoms has raised £3m to begin clinical trials. Founded as a spinout from the University of Warwick, Medherant has created an alternative method to provide testosterone to women going through menopause. Menopausal women produce smaller quantities of testosterone. Medical bodies, including the National ... Read more ›
11
LC AuxeTec has secured a seed investment from Northern Gritstone for a material described as similar to the Achilles tendon and cat skin. The University of Leeds spinout has developed an auxetic material made from liquid crystal elastomers that gets thicker rather than thinner when stretched. The startup’s material possesses a unique characteristic that enables it ... Read more ›
0
The UK data watchdog has warned tech firms that it has privacy concerns about how personal information is used to develop generative AI chatbots. The popular technology, used in programmes like advanced chatbot ChatGPT, generates content based on user prompts. These programmes are trained on large volumes of web content and the responses are designed ... Read more ›
3
The West Midlands was the UK’s fastest-growing tech sector in 2021, with government figures recognising the region’s strength in digital. In fact, the region is forecasted to create 52,000 digital roles by 2025. Birmingham was also singled out in 2021’s Kalifa Review of UK Fintech as an established cluster with a significant financial services presence, ... Read more ›
2
The digital services tax (DST) is not effectively scrutinising Big Tech companies like Apple and Facebook that are operating in the UK, MPs have warned. In a new report, MPs on the cross-party public accounts committee said that while the digital services tax raised 30% more than expected – bringing in £358m from tech firms ... Read more ›
2
Despite the difficult financial conditions faced in the country, the number of UK startups launched last year increased by 4.5%, according to research. The Centre for Entrepreneurs’ most recent Business Startup Index found that almost 800,000 new startups were founded in the UK in 2022, following on from the momentum the startup community found during ... Read more ›
29
GoHenry, a London-based fintech specialising in financial services for children, has been acquired by US saving and investment company Acorns for an undisclosed sum. GoHenry, which raised almost £50m in a funding round in October last year, is an app designed to get young people into responsible digital finance. Users can receive a prepaid debit ... Read more ›
0
TikTok has been fined £12.7m by the UK’s data regulator for multiple breaches of British child protection policy. The Information Commissioner’s Office (ICO) said the Chinese-owned video-sharing app did not do enough to police age restrictions on its platform. Information Commissioner John Edwards said that an estimated “one million under 13s were inappropriately granted access ... Read more ›
1
An Edinburgh-based startup developing a robotic glove to help people rehabilitate from a stroke has received £2.2m from investors. Bioliberty’s Lifeglov robotic glove assists stroke patients in opening and closing their hands to support upper limb rehabilitation. The company has developed software that gives custom exercises and feedback, which means stroke patients do not need ... Read more ›
1
ClearBank, an embedded banking provider, has nearly tripled its year-on-year income to £58m in 2022. The income for the year ending 31 December is a significant increase from 2021’s £21m. The fintech said it achieved monthly UK profitability for the first time last year, despite turbulence in the sector. According to the company’s full-year 2022 ... Read more ›
12
Embattled embedded finance platform Railsr has appointed a new leadership team, consisting of a CEO, CFO and COO, after it was acquired by an investor consortium in a rescue deal last month. Philippe Morel takes the role of CEO, Debbie Lotz is the new CFO and Nick Charteris rejoins Railsr as COO. Rick Haythornthwaite, chair ... Read more ›
24
Forefront RF, a fabless semiconductor startup based in Cambridge, has secured £6.7m to further its work in the radio frequency (RF) market. The University of Bristol spinout is developing chips that operate on mobile data frequency bands that aim to simplify the design of smartphones, wearable tech, and internet of things (IoT) devices. The company ... Read more ›
2
Virgin Orbit has filed for voluntary insolvency as financial woes deepen at the satellite launch company just months after its failed launch from Spaceport Cornwall. On Tuesday the US-headquartered company filed for Chapter 11 of the US Bankruptcy Code and said it is looking for a buyer. The rapid and uncontrolled reentry comes a week ... Read more ›
2
Digital pharmacy startup Phlo has acquired the UK assets of US rival Truepill for an undisclosed sum, hot off the heels of raising £10m in Series A funding last month. Phlo has obtained Truepill’s NHS patient, APIs and prescribing technology in a consolidation of the digital pharmacy market. Phlo also gains Truepill’s partnerships with UK ... Read more ›
38
Most popular sources
Silicon Canals
|
0% |
Inc42 Media
|
0% |
Financial Times
|
0% |
Skift
|
0% |
Android Authority
|
0% |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
28.06.2026 17:35
Last update: 17:25 EDT.
News rating updated: 00:20.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.