Southampton-based fintech startup Sibstar has launched a payment card that aims to protect the finances of people living with dementia. Sibstarâs card comes with features to keep the money of vulnerable people secure as their ability to manage their finances deteriorates. Users can add a supporter, such as a trusted family member, to manage the ... Read more âș
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Bianca Cefalo is the co-founder and CEO of Space DOTS, a startup building modular devices for companies to test materials in space. Founded by Cefalo and James Sheppard Alden in 2021, Space DOTSâ first product, the Barnacle DOT, is a 10cm x 10cm x 1cm module that hitches a ride on rocket missions to provide ... Read more âș
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Founders and investors have criticised Steven Bartlettâs recently launched startup fund after pitch decks emerged showing it is asking for discounted valuations on investments in exchange for access to the Dragonâs Den starâs ânetworkâ. The slide deck, posted to equity crowdfunding platform Seedrs but since removed, show that Bartlettâs Flight Fund is looking to invest ... Read more âș
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VC firm DSW Ventures is launching a Seed Enterprise Investment Scheme (SEIS) to invest in early-stage startups across the UK that are âoutside of the London-Oxbridge golden triangleâ. Manchester-based DSW Ventures, the venture capital division of financial advisory firm Dow Schofield Watts group, said it plans to raise âup to ÂŁ2mâ for the new fund. ... Read more âș
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The UKâs competition regulator has expressed concerns over Broadcomâs $61bn takeover of VMware. The deal could stop Broadcom from providing VMware-compatible hardware components to its rivals, the Competition and Markets Authority (CMA) said after concluding its phase one investigation. US-headquartered Broadcom produces semiconductors and infrastructure software, while VMware, also US-headquartered, provides virtualisation and cloud technology. ... Read more âș
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Atlantic Money is taking its dispute with British fintech Wise to the European Commission after Wise delisted the payments firm from its price comparison tool. It is an escalation of the clash between the two fintech companies after Atlantic Money wrote to the Competition and Markets Authority (CMA) regarding the issue in January. Neeraj Baid, ... Read more âș
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Tech Nation is calling for âtangible supportâ for the UKâs tech ecosystem, which the startup growth network estimates could help quadruple the industryâs value to $4tn by 2032. The report, Tech Nationâs last before it closes this month, estimates that the UK tech sector will grow to $2.6tn by 2032 if conditions and momentum for ... Read more âș
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Payments provider Checkout.com is launching a service for businesses to generate their own physical and virtual cards. The card-issuing offering is a new direction for Checkout.com, whose primary business is processing ecommerce payments for businesses such as Sony, Pizza Hut and Sainsburyâs. Cards issued by Checkout.com will integrate with the London-headquartered companyâs payment technology. Meron ... Read more âș
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Oxford-based autonomous driving software startup Oxbotica is partnering with German mobility company Goggo to offer middle-mile delivery services in Europe. Oxboticaâs partnership with Goggo will initially trial its technology for food deliveries with partner retail businesses in Spain. Vehicles will include safety drivers on board who are ready to take the wheel. If all goes ... Read more âș
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West Midlands Combined Authority and West Midlands Pension Fund have launched a ÂŁ25m fund to invest in high-growth SMEs in the region. The West Midlands Co-investment fund will provide capital to small businesses working in areas such as green technology, advanced manufacturing, life sciences, creative and digital. Private investors will match the ÂŁ25m on a ... Read more âș
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Oja, a digital supermarket that caters to underrepresented cultures, has secured a pre-seed funding extension featuring Premier League star Raheem Sterling. Founded in 2020, Oja is a London-based platform that sells home comforts to underrepresented cultural and ethnic groups in London and Birmingham, where it offers delivery in less than 24 hours. The company currently ... Read more âș
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Just Eat has cut 1,700 courier jobs and 170 head office staff as the food delivery firm looks to return to a gig economy model. A drop in demand for takeaway delivery has been a big hit to the London-listed firm, which saw customer numbers drop by 9% last year. In an effort to cut ... Read more âș
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Leading crypto exchange Bitget.com is well known in the crypto industry for its trading products, easy on-off ramp Fiat solutions but especially the copy trading platform. The platform launched its partnership with Lionel Messi in October 2022 and is the primary sponsor of the upcoming Coin Bureau conference on 10 June 2023 organised by the ... Read more âș
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Artificial intelligence (AI) remains the hot ticket tech sector, with the release of OpenAIâs GPT4 only fanning the flames. Last week the chancellor, in an effort to ensure the UK can keep pace with a rapidly growing industry, announced a slew of AI policies during the Spring Budget. Startups and investors have become infatuated with ... Read more âș
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Takeaway app Deliveroo has been accused of restricting its couriersâ access to greater earnings by blocking Rodeo, an online service that compares pay rates for gig economy jobs. Rodeo is an app that tracks the earnings of gig economy workers across their different revenue streams and displays the potential earnings from other jobs, giving users ... Read more âș
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A University of Edinburgh spinout has scooped ÂŁ275,000 from Scottish Enterprise for its wireless internet technology for rural areas. WhiteHaulâs spectrum aggregation technology creates gigabit long-distance backhaul networks in rural and hard-to-reach locations. The startup said it will spend the Scottish Enterprise investment on software and hardware development, customer acquisition and manufacturing. The funds come ... Read more âș
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The CEO of London-listed Trustpilot has stepped down from his position after 16 years in charge of the review service. Peter Holten MĂŒhlmann, who was part of the original founding team that created Trustpilot in 2007, will transition from his position as CEO into the role of non-executive director. MĂŒhlmann will retain some responsibilities at ... Read more âș
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Vertical farming startup Harvest London has raised an unknown amount of investment from Foresight Group to build a new site near Croydon. Harvest Londonâs third farm will be 140,000 square feet and based in Beddington, London, adding to its existing two sites in the UK capital. Chris Davis, founder of Harvest London, said: âWhile you ... Read more âș
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Blockchain music startup SphereTrax has picked up ÂŁ250,000 in pre-seed funding from venture capital firm Jenson Funding Partners. Founded by composer Sefi Carmel, SphereTraxâs platform allows musicians to publish and licence their music using the blockchain to third parties such as games and films. âThe industry has always been weighted against creators, giving control and ... Read more âș
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A global pandemic, war in Europe, the energy and cost of living crisis, the lingering effects of Brexit, and the largest bank failure since 2008 â the last few years have been times of previously unimaginable disruption. Yet despite these challenges, the UK tech scene became only the third country to cross the $1tn value ... Read more âș
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14.06.2026 23:24
Last update: 23:15 EDT.
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