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UK Tech News
Oscar Hornstein @ UK Tech News 3 place · 07/09/2024 19:01 EDT

Crowd investment platform Seedrs rebrands to Republic Europe

Seedrs, one of Europe’s largest crowd investment platforms, has begun trading as Republic Europe, following its acquisition by US firm Republic. Launched in 2012, Seedrs – which allows private investors to jointly contribute to early-stage startup funding rounds – was acquired by New York-based investment platform Republic in 2022. The London-based group has operated as ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/09/2024 06:46 EDT

PolyModels Hub raises £1.1m to digitise pharmaceutical R&D

PolyModels Hub, a London-based startup developing digital tools for the research and development of pharmaceuticals, has raised £1.1m. The startup’s platform, ModelFlow, integrates models, scientific data and insights into a single space. Pharma staff can manage their workflows and collaborate on projects through the platform. PolyModels Hub’s co-founder and CEO Antonio Benedetti said pharmaceutical development ... Read more

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UK Tech News
Abbianca Nassar @ UK Tech News · 07/09/2024 06:23 EDT

Pre-Activ raises £500k to reduce surgical complications

Pre-Activ, a platform with the aim of reducing surgical complications through personalised prehabilitation, has just raised £500,000. Founded by NHS employees, Dr Alec Snow and Dr Rebecca Allam in 2020, the startup optimises patients before surgery using technology that creates individualised programmes. Similar to rehabilitation but pre-surgery, prehabilitation focuses on improving a patient’s cardiovascular fitness ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 2 place · 07/09/2024 05:41 EDT

Threat deception security platform Tracebit raises £4m

London-based cybersecurity startup Tracebit has raised $5m (£3.9m) for its cloud threat detection and deception platform. Founded in 2022, Tracebit has developed a cloud-native platform that it claims reduces the cost and complexity of threat deception security. Threat deception is the practice of drawing in malicious actors with fake resources, called honeypots. Research has suggested ... Read more

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UK Tech News
Abbianca Nassar @ UK Tech News · 07/09/2024 05:37 EDT

Homeless to entrepreneur: Earlybird AI raises £800k pre-seed

Earlybird AI, a B2B startup looking to help job seekers secure employment using its voice-first AI software, has raised £800,000 from dozens of investors, including Google. About a quarter of people between 16 and 64 – nearly 11 million people – are out of work and according to the Office for National Statistics, 4.4% of ... Read more

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UK Tech News
Kirstie Pickering @ UK Tech News · 07/09/2024 04:00 EDT

UK travel tech: A sector reborn from the pandemic’s ashes?

The UK’s travel tech market took a battering during the height of the pandemic. Planes were grounded and people were limited on leaving their homes. With those days behind us, the industry has been up against it to bounce back and meet the needs of a changed market. So far, the future is looking bright ... Read more

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UK Tech News
Robert Scammell @ UK Tech News 2 place · 07/09/2024 00:00 EDT

Podcast: Inside the race for AI business adoption – The Gadget Show’s Jason Bradbury

The UKTN Podcast is back for its seventh season and our first guest is Jason Bradbury, best known for presenting ‘The Gadget Show’. In this episode, Bradbury explains how businesses are “finding their feet” when it comes to AI, why he’s bullish on the metaverse, and recalls some of the zaniest product testing he’s done. ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/08/2024 06:31 EDT

Michael Carrick-backed employee fitness app GoJoe raises £2.4m

Employee fitness app GoJoe, backed by former Manchester United player Michael Carrick, has secured an investment of £2.4m. Founded in 2018, GoJoe aims to cater to both consumers and businesses and is looking to replace traditional workplace wellness programmes. The startup, which last year raised £1.2m, links to wearable tech to capture more activities than ... Read more

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UK Tech News
Abbianca Nassar @ UK Tech News · 07/08/2024 06:22 EDT

More than a third of businesses concerned about data security in AI adoption

More than a third of businesses at London Tech Week admitted their biggest concern about using artificial intelligence (AI)  is data security, according to new research. AI technology has been a buzzword for a decade now with dozens of industries including cyber security hailing it as the future. It’s been described as a way to ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/08/2024 06:08 EDT

Ex-government science advisor appointed to Starmer’s tech cabinet

Sir Patrick Vallance has been appointed to the tech department as Prime Minister Keir Starmer continues to build his cabinet. Vallance has been named the Minister of State for Science, Research and Innovation within DSIT, replacing Tory minister Andrew Griffith. A physician and former pharmaceutical executive, Vallance became a government advisor in 2018 under the ... Read more

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UK Tech News
Abbianca Nassar @ UK Tech News 2 place · 07/08/2024 01:00 EDT

The exited founders counting calories with AI to take on MyFitnessPal

Britain has one of the worst obesity rates in Europe, which campaigners attribute to poverty and the prevalence of cheap ultra-processed food. While the government has attempted to tackle this issue through its Soft Drinks Industry Levy and legislation to restrict the placement of foods high in fat, sugar or salt in supermarkets – health ... Read more

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UK Tech News
Kirstie Pickering @ UK Tech News 3 place · 07/08/2024 00:00 EDT

Why are UK femtech startups struggling to get funding?

UK-based startups accounted for 36% of Europe’s total femtech funding in 2023. Despite this seemingly positive statistic, there are only 15 VC-backed femtech startups in the UK – which is all the more surprising when you consider the sector is serving almost four billion women globally, and women are 75% more likely to use digital ... Read more

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UK Tech News
Chris Stokel-Walker @ UK Tech News · 07/07/2024 19:01 EDT

Is the North East tech sector too reliant on its universities?

I’ve been thinking a lot about universities lately. In part, it’s because I’m part-employed by one – teaching journalism at one of the North East’s five leading institutions alongside my work in the media sector – and in part because my household is a two-income one, reliant on universities for both salaries. (My partner teaches ... Read more

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UK Tech News
UKTN @ UK Tech News 1 place · 07/05/2024 11:20 EDT

Regional innovation can help the UK keep its fintech crown

The UK has long been a fintech powerhouse, with its startups often attracting the lion’s share of investment. But last year, climate tech startups overtook fintech for the best-funded segment. While fintech regained the top spot for funding in the first quarter of 2024, the data has sparked questions about what the UK needs to ... Read more

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UK Tech News
Aoibhinn Mc Bride @ UK Tech News 2 place · 07/05/2024 07:12 EDT

UK workers spend a third of their day on meaningless tasks

Although the typical work day spans eight consecutive hours (one of which should ideally be spent having lunch), the typical worker isn’t productive for the entire amount of time. According to one study, the average office worker is only productive for around three hours per day. However, more recent data from Stanford University highlights that ... Read more

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UK Tech News
Abbianca Nassar @ UK Tech News 3 place · 07/05/2024 06:29 EDT

Children’s speech and language therapy (SLT) startup Saltroad has secured £575,000 in pre-seed funding. The investment, led by Techstart Ventures with participation from Ascension VC, will go towards building a core team in Belfast to deliver SLT services across the UK. Saltroad said it will also use the funds to recruit more engineers to further ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 3 place · 07/05/2024 06:16 EDT

UK tech funding roundup: This week’s deals from DNEG to OpenFi

This week’s UK tech funding deals include Oscar-winning visual effects firm DNEG, AI-powered architectural diagram-generating tool Gendo, ecommerce analytics firm Vortex IQ and more. UKTN tracked £265.3m worth of UK tech investment this week (1 July to 5 July), an 86% week-on-week increase across 10 funding rounds. Here’s your weekly roundup of UK tech startup ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 1 place · 07/05/2024 05:50 EDT

UK’s first tech secretary among senior Tories defeated in election

Michelle Donelan, the UK’s first tech secretary, was among the Conservative cabinet ministers defeated in Thursday’s Labour landslide general election result. Donelan – who was appointed as the first secretary of state for the Department of Science, Innovation and Technology (DSIT) in 2023 – was beaten in the newly formed Melksham and Devizes constituency by ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 3 place · 07/05/2024 04:14 EDT

Tech startups ‘stand behind’ incoming Labour government’s growth plan

Labour will form a government after winning the 2024 general election in a much-predicted landslide, bringing an end to 14 years in opposition. With nearly all results now declared, Labour has won 411 seats in the 650-seat House of Commons in a torrid night for Rishi Sunak’s Conservatives, which won just 118. The election has ... Read more

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UK Tech News
Robert Scammell @ UK Tech News · 07/05/2024 00:00 EDT

WONE founder: Surfing taught me key lessons for building a startup

Reeva Misra is the CEO and co-founder of WONE, an AI-powered coach for workplace stress. The London-based company uses biometrics and clinical assessment to measure stress levels, and then provides recommendations from an AI coach and interventions from experts via an app. WONE, which stands for Walking On Earth, also provides a dashboard for companies ... Read more

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28.11.2024 00:44
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