This weekās UK tech funding deals include AI material discovery company CuspAI, biomaterial developer Ponda and more. UKTN tracked Ā£565.3m worth of UK tech investment this week (20 July to 24 July), a more than 400% week-on-week increase across 11 funding rounds. Hereās your weekly roundup of UK tech startup funding deals. CuspAI ā Ā£334m ... Read more āŗ
0
US tech firm Palantir has secured a contract with the UKās financial regulator as part of a push to tackle fraud with AI. The Peter Thiel-founded organisation has worked closely with the UK government across several sectors including the NHS, law enforcement and the Ministry of Defence (MoD). The new contract, awarded by the Financial ... Read more āŗ
0
London-based Air Street Capital has raised a new Ā£175m fund that will target āAI-first companiesā across Europe and North America. The third fund raised by solo investor Nathan Benaich under Air Street Capital, it will target early-stage rounds with checks of between Ā£376,000 and Ā£11.3m as well as select growth investments of up to Ā£19m. ... Read more āŗ
0
A memorandum of understanding signed between the UK government and OpenAI has produced no trials in the seven months since its announcement, a Freedom of Information (FOI) request has revealed. Presented as a landmark agreement between one of the worldās most powerful AI companies and a UK government with clear ambitions to advance the AI ... Read more āŗ
0
Mahir Sahin, a former senior Google employee who spent almost 20 years at the company, has launched a new ā¬50m (Ā£43.3m) venture fund targeting European deep tech that will be needed to āmove beyond current AI limitationsā. London-based Cloudberry Ventures has a stated goal of preventing āIP strip-miningā of European technologies by US investors and ... Read more āŗ
0
This weekās UK tech funding deals include workflow automation platform Edra, cancer diagnostics group Spotlight Pathology and more. UKTN tracked Ā£53.69m worth of UK tech investment this week (16 March to 20 March), a 97% week-on-week decrease across six funding rounds. Hereās your weekly roundup of UK tech startup funding deals. Edra ā Ā£22.4m Sector:Ā AI ... Read more āŗ
0
Spotlight Pathology, a spinout from the University of Manchester, has secured a new investment of Ā£1.4m to accelerate the commercial rollout of its AI cancer diagnostics product. Spotlight Pathology is developing AI-powered tools for diagnosing blood cancer. The firm has picked up a few investments over the past few years, including Ā£425,000 raised in May ... Read more āŗ
0
Francisco Vigo is the co-founder and chief executive of GeoSurge, a London-based deep-tech AI company that tracks, improves and monitors how large language models represent businesses across markets. In this weekāsĀ Founder in Five Q&A, Vigo discusses why enjoying your work is the difference between feeling challenged and exhausted, moving forward with your vision even if ... Read more āŗ
0
Capital lending to UK businesses surged in 2025, driven primarily by small and medium-sized businesses, according to findings from UK Finance. In its latest Business Finance Review, the group found that UK high street banks increased gross business lending to Ā£17.5bn in 2025, up from Ā£16.1bn the previous year in the second consecutive year of ... Read more āŗ
0
Flexzo AI, an agentic workforce system for healthcare providers has completed a $12m (Ā£8.9m) Series A funding round led by Octopus Ventures. The hospital workforce management tool provider said the financing will support the rollout of its platform across NHS Trusts and accelerate expansion in the US. Founded in 2023, Flexzo AI was launched to ... Read more āŗ
0
Since 2022, the use of AI in the workplace has been consistently climbing, with both businesses and politicians encouraging the establishment of an AI-enabled workforce. Though it is clear that AI is a part of many peopleās daily professional routines, either through personal use or company mandates, research into its use could suggest a mismatch ... Read more āŗ
0
Pre-tax profits at the digital bank Zopa have surged to Ā£65m in the London fintechās third year of profitability. The bank reported a pre-tax profit of Ā£65m for the financial year ended December 2025, almost double the previous year. The strong performance in 2025 was in part said to be because of the companyās expansion ... Read more āŗ
0
The incorporation of AI by small businesses has yet to meaningfully impact the size of workforces, despite soaring adoption rates, new research suggests. According to research from the British Chambers of Commerce (BCC) in partnership with Atos, more than half (54%) of UK firms are actively using AI, up sharply from the 35% tracked by ... Read more āŗ
0
Bernie Miles, a former executive at buy now pay later (BNPL) firm Klarna, has joined the C-suite of fintech group Tide. Miles joins the SME financial platform as its new chief data and technology officer where he will oversee the businessās push into a new AI-first business management platform approach. Miles, who will report directly ... Read more āŗ
0
The Chancellor has announced a Ā£1.7bn investment package that will go towards scaling the tech and industrial strengths of various cities in northern England. Part of a larger previously announced Ā£2.3bn industrial investment package, the new funding will in part support the digital and technology sectors in cities like Manchester and Liverpool, as well the ... Read more āŗ
0
Partech Partners has secured a ā¬20m (Ā£17.3m) commitment from the British Business Bank in support of its ā¬300m (Ā£260m) Impact Fund. Founded 40 years ago, Partech is a Paris-based technology investor that backs European impact firms addressing societal and environmental challenges. British Business Bankās backing of the fund follows a ā¬30m (Ā£25.9m) commitment it previously ... Read more āŗ
0
The UK government has rolled back previously announced plans to introduce a broad copyright exception with an opt-out option for the training of AI models on copyrighted materials. Announced in a new report published by the Tech Department on Wednesday, the government has shifted away from a plan that would give AI developers essentially free ... Read more āŗ
0
The UK Space Agency has committed to working closely with its equivalent in Ukraine as the countries look to develop one of the most promising industries for the future. An agreement was signed between the UK Space Agency and the State Space Agency of Ukraine during a meeting at the Ukrainian embassy in London. The ... Read more āŗ
0
VerbaFlo, a real estate platform that centres conversational AI in its service, has raised a $7m (Ā£5.24m) seed round. Founded in 2024, VerbaFlo was built to incorporate AI into real estate, automating leasing, operations and providing a conversational engagement platform for residents. āReal estate is one of the largest industries in the world, yet much ... Read more āŗ
0
An online advert for an AI video generation tool has been banned by UK regulators due to its use of nudification as a selling point. The advert, which appeared on YouTube promoting a service called PixVideo, has been deemed āirresponsible, offensive and harmfulā. It displayed a side-by-side comparison images of a young woman illustrating a ... Read more āŗ
0
Virgin Startup has announced a new Ā£20m funding pot for startups in the next financial year after hitting the Ā£100m milestone for loans funding issued. Since becoming a national business support partner for the British Business Bankās Start Up Loans programme in 2013, Virgin Startup has supported over 7000 founders across the UK, including environmental ... Read more āŗ
0
Most popular sources
ScienceDaily
|
0% |
Tech Wire Asia
|
0% |
UK Tech News
|
0% |
Ubergizmo
|
0% |
Tom's Hardware
|
0% |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
29.07.2026 03:40
Last update: 03:35 EDT.
News rating updated: 10:30.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.