The Manchester Prize has returned for its second year as the British government hopes to incentivise AI innovation in the clean tech sector with £2m of prizes. First announced by former chancellor Jeremy Hunt during the 2023 Spring Budget speech, the Manchester Prize is an annual competition for AI developers in the UK managed by ... Read more ›
15
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 ›
26
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 ›
0
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 ›
0
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 ›
2
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 ›
0
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 ›
0
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 ›
7
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 ›
0
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 ›
0
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 ›
0
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 ›
6
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 ›
6
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 ›
7
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 ›
7
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 ›
2
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 ›
0
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 ›
1
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 ›
14
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 ›
3
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 ›
3
Most popular sources
Business Insider
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28% 1 |
Tech Wire Asia
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15% 10 |
CNET
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7% 4 |
Eurogamer.net
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6% 2 |
The Verge
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6% 2 |
| View sources » | |
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28.11.2024 03:02
Last update: 03:00 EDT.
News rating updated: 09:51.
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