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UK Tech News
Oscar Hornstein @ UK Tech News · 08/26/2025 04:46 EDT

UAE takes stake in UK chipmaker Paragraf with £40m investment

Paragraf, a graphene-based semiconductor manufacturer, will scale its production output capabilities with a new $55m (£41m) Series C investment from the sovereign wealth fund of the Unites Arab Emirates (UAE). The Cambridgeshire-based chip maker aims to accelerate the adoption of graphene electronics in mass markets. The unique properties of the material allow chips made from ... Read more

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UK Tech News
UKTN @ UK Tech News · 08/26/2025 01:00 EDT

What has become of the metaverse? – Rob Whitehead, MSquared and Improbable

This week’s podcast guest is Rob Whitehead, chief executive of MSquared and co-founder of Improbable, who discusses why, despite a drop in the initial hype, companies in the space are still making exciting innovations in metaverse technology.  Whitehead explains why different iterations of virtual space technology have struggled to take off and why focusing on ... Read more

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UK Tech News
Jessica Nangle @ UK Tech News · 08/25/2025 08:00 EDT

Starling agrees to acquire UK fintech Ember

Starling Group has entered into an agreement to acquire Ember, a tax and bookkeeping software that will be built into Starling’s app and online bank. The partnership aims to provide small business owners with an all-in-one solution to manage their finances ahead of HMRC’s ‘Making Tax Digital’ legislation coming into effect in April 2026. The ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 3 place · 08/25/2025 03:00 EDT

North West emerges as UK leader in 3D printing

The North West region of the UK is leading the country in the adoption of 3D printing, according to research, however the technology’s potential impact remains unmet. Advanced manufacturing is among the eight growth sectors highlighted in the recent Industrial Strategy, with the government holding a keen from interest in progressing the field to build ... Read more

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UK Tech News
UKTN @ UK Tech News 1 place · 08/22/2025 10:00 EDT

UK tech funding roundup: This week’s deals from Phoebe to EvaluateLocate

This week’s UK tech funding deals include AI immune system Phoebe, wearable health tech developer Neurovalens and more. UKTN tracked £33.45m worth of UK tech investment this week (18 August to 22 August), a 105% week-on-week increase across nine funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Phoebe – £12.6m Sector: AI ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 2 place · 08/22/2025 06:21 EDT

CMA opens investigation into Shutterstock Getty Images merger

The UK competition regulator has announced it has sufficient reason to officially launch an investigation into the anticipated £2.9bn merger of Shutterstock and Getty Images. The Competition and Markets Authority (CMA) said in June it was inviting comments regarding the deal to determine if the proposed acquisition could be harmful to the competitiveness of the ... Read more

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UK Tech News
UKTN @ UK Tech News 3 place · 08/22/2025 06:00 EDT

NeuWave Technologies founder: Upskill as much as possible

Jana Stella is the founder and chief executive of NeuWave Technologies, a company using advanced model and AI systems to conduct environmental analysis for the development of offshore infrastructure. In this week’s Founder in Five Q&A, Stella discusses building your schedule around how your body works, motivating staff with a positive attitude and learning as much ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 08/22/2025 05:03 EDT

Government blocks takeover of Graphene company by Chinese buyer

An acquisition deal to rescue struggling graphene firm Versarien has been blocked by ministers over national security concerns. Versarien, an AIM-listed advanced materials manufacturing group based in Gloucestershire, had been considering an acquisition deal that would see it bought by a “UK joint venture company” in partnership with Chinese group Anhui Boundary Innovative Materials Technology ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 08/22/2025 02:00 EDT

RUUT: New player set to enter UK digital banking market

RUUT, a new digital banking brand is set to enter the UK market following a strategic partnership between British and Turkish fintechs Algbra Labs and Moka United. Moka, a subsidiary of İşbank, one of the largest banks in Turkey, will launch the new banking brand with Algbra, a fintech-as-a-service company that will power RUUT through its ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 08/21/2025 09:00 EDT

Are UK businesses ready for AI?

As AI continues to advance, businesses are under increasing pressure to move ahead with adoption. But while large corporations have the funds and resources to adopt or even produce their own AI solutions, there are concerns of a growing gap for smaller businesses, which may struggle to invest heavily in the technology without clear ideas ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 08/21/2025 06:39 EDT

VPNs could face under-18 UK ban amid Online Safety Act scrutiny

The majority of British adults believe the use of virtual private networks (VPNs) should be banned for minors as users flock to the service to avoid age restrictions put in place following the Online Safety Act. A new poll from YouGov found that 55% of UK adults were in favour of banning VPNs for under-18s, ... Read more

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UK Tech News
Azhar Raza @ UK Tech News · 08/21/2025 06:00 EDT

FCA’s new safeguarding rules: What fintechs need to know

The Financial Conduct Authority (FCA)’s newly finalised safeguarding rules for payments and e-money firms mark one of the most significant regulatory shifts for the sector in recent years. Set to take effect from 7 May 2026, the changes follow the regulator’s continued concern over firm failures and resulting consumer harm. Between Q1 2018 and Q2 ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 08/21/2025 05:15 EDT

UKSA decision proves government is serious about space economy

The decision from the government to have the Tech Department absorb the UK Space Agency (UKSA) signals a genuine effort at establishing a thriving space economy, according to figures from the industry. On Wednesday it was announced that the UKSA would cease to operate independently and will instead be folded into the Department for Science, ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 08/21/2025 04:31 EDT

Hospitality tech startup Embargo raises £2.6m

London-based hospitality management software startup Embargo is preparing for growth across Europe fuelled by a $3.5m (£2.6m) investment. Founded in 2017, Embargo is a CRM, loyalty and ordering platform for hospitality businesses used by a little under 3,000 venues, mostly in the UK, Poland and parts of Western Europe. The firm has reported strong growth ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 08/20/2025 10:32 EDT

Haylo pledges £100m+ UK investment after semiconductor takeover

Haylo Labs, part of London-based investment group Haylo Ventures, has pledged to invest more than £100m into the UK chip ecosystem following its acquisition of Plessey Semiconductors. Plessey, based in Plymouth, develops chips for a variety of microLED display devices. One of Europe’s oldest firms in the sector, the company was founded in 1956. The ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 08/20/2025 08:34 EDT

Cambridge’s King’s College launches first-ever startup incubator

The 24-strong cohort has been revealed for the first-ever startup incubator programme from the University of Cambridge’s King’s College. Launched by King’s Entrepreneurship Lab and Founders at the University of Cambridge, the SPARK incubator aims to provide mentorship, practical training, venture-building and networking support to companies born from Cambridge research. Among the two-dozen startups set ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 08/20/2025 07:28 EDT

Immersive technology startup Aircards secures £3m from Foresight

Aircards, a Newcastle-based startup using immersive technology to develop storytelling experiences for major brands, has received a £3m investment from Foresight Group. Founded in 2020, the company works across a variety of platforms, creating AR and XR technology for campaigns for companies including Pepsi, Visa and Delta Air Lines. With a current team of 32, ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 08/20/2025 06:13 EDT

Two fifths of UK crypto investors report blocked payments

Two fifths of UK crypto investors have had payments blocked or delayed by their bank when trying to buy digital assets, according to new research. Mainstream banks in the UK have had a difficult relationship with the blockchain and cryptoasset sector, with many opting for high levels of caution when dealing with the asset type ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 2 place · 08/20/2025 05:21 EDT

UK Space Agency to merge with Tech Department

The UK Space Agency is set to be absorbed by the Department for Science, Innovation and Technology (DSIT) in an effort to speed up decision-making and reduce bureaucracy. As part of the government’s wider goal of reducing ‘red tape’ and avoiding duplication of work from public bodies, the UK Space Agency in April 2026 become ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 08/20/2025 04:40 EDT

Google Ventures co-leads £12.6m investment in Phoebe

Phoebe, an agentic AI startup that acts as an ‘immune system’ for software, has secured a $17m (£12.6m) investment co-led by Google Ventures. Based in London, Phoebe was founded by former executives of Stripe and Google to develop AI agents to remove software downtime. According to the company, its agents continuously monitor and react to ... Read more

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