BT Group has taken a £5m stake in a drone software company Altitude Angel through its incubation branch Etc. Berkshire-based Altitude Angel’s unified traffic management (UTM) software can spot drones in the sky and manage them around any crewed aviation. Managing airborne drones will be an important aspect of the government’s proposed drone superhighway. Known ... Read more ›
0
London-based fintech Twig has acquired the French startup Vybe as it looks to expand its services and target the Gen Z market. The French neobank was founded in 2019 with the goal of providing digital banking services to Gen Z users. Vybe provides the typical offerings of a challenger bank, such as money transfers and ... Read more ›
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The NHS is trialling robot support staff through a partnership with the British AI startup Academy of Robotics. Staff at the Milton Keynes University Hospital have been working with the Academy of Robotics to develop an automated assistant, called a Helper Bot, to relieve the significant workload faced by NHS workers. The trial began in ... Read more ›
25
From quantum computing to semiconductors, the UK has a strong deep tech sector. But what will 2023 hold for the deep tech industry amid a looming recession and more cautious investors? Deep tech is a broad subcategory that includes everything from AI to cleantech. According to Tech Nation, UK deep tech investment has increased 33x ... Read more ›
0
This year is expected to be one of immense change. The pandemic is becoming a memory, a recession is looming, and tech hiring is experiencing a period of flux. In this environment, there aren’t that many things that you can rely on, but there are a few tech sectors that are holding fast and hiring ... Read more ›
0
Nationwide Engineering Research and Development (NERD) has raised £8m in seed funding as it looks to commercialise a graphene-enhanced building material called Concretene. NERD, a company founded by Nationwide Engineering Group, developed Concretene with the goal of creating a stronger and more sustainable product than traditional concrete. The company did this by adding a graphene ... Read more ›
36
Industry leaders have been recognised for their contributions to UK tech in the New Year Honours List for 2023, with representatives from Birmingham Tech, Tech Nation and Fintech Scotland rewarded for their public service. Among those recognised is Yiannis Maos, the founder and CEO of Birmingham Tech, which champions the West Midland’s tech scene. Maos ... Read more ›
0
The viral popularity of ChatGPT, a language model chatbot that uses generative AI to respond to requests in a human-like way, has created a splash in the tech world and beyond. The ability of ChatGPT to almost instantly generate anything from scripts to job applications to functioning code has caused much speculation over how it ... Read more ›
9
The UK is a global fintech hub. It’s a sector that has enjoyed rapid growth since the early 2010s, and in recent years has been the UK’s most dominant sectors for funding. However, fintech in 2022 – like most other industries – was full of challenges. The tech industry-wide trend of lower valuations did not ... Read more ›
3
Across the globe, living standards are falling. In the UK, the OBR estimated the biggest drop in living standards since records began six decades ago; household incomes are to come crashing down by 7% over the next two years, undoing a decade of growth and recovery from the financial crisis. Consumers will not be the ... Read more ›
0
Last year, $400bn was erased from the value of European tech. The number of mega-funding rounds fell, and there was a backwards step in terms of diversity. In all, Atomico’s annual State of European Tech report made for difficult reading. However, whilst we expect this valuation and fundraising downturn to continue for the overall VC ... Read more ›
48
Following a year of growing momentum, the UK space tech industry is on course for a blockbuster 2023 that will see the first vertical rocket launch from British soil. Virgin Orbit’s plan to launch a satellite from Spaceport Cornwall has been pushed into 2023 due to “technical” issues. Space tech startups such as Edinburgh-based Skyrora ... Read more ›
29
Three prime ministers. Two ministers for digital and culture. One lengthy economic downturn. Last year was certainly not short of action or talking points for the UK tech industry. Despite the challenges, businesses are set to continue to invest heavily in tech in 2023. Even with tightening budgets, technology remains essential for stimulating productivity and ... Read more ›
12
If you went to Silicon Valley 50 years ago, you’d find orchards and farmland. Today, it’s home to the world’s biggest companies. Talent continues to pour in and it will forever be synonymous with the latest and greatest technological developments. Its business leaders and companies are household names, instantly recognisable anywhere: Zuckerberg, Bezos, Gates; Meta, ... Read more ›
11
From semiconductors to quantum computing, the UK is home to a thriving deep tech sector. But which deep tech companies are poised for growth in 2023? Here are four UK deep tech firms that you should be keeping an eye on in 2023. Levidian Founded: 2012 HQ: Cambridge Funding: £12m (this year) Levidian’s “LOOP” devices can ... Read more ›
2
The cryptoasset industry has been no stranger to scandals, crises, and all-around unpredictability since its rise to prominence. In 2022, titans like FTX, Three Arrows Capital, and Tether have either struggled with major losses or collapsed completely. The market as a whole lost significant value, and there was an almost endless series of celebrities pretending ... Read more ›
2
Issa Dasu Patel is the CEO and co-founder of CONNECTCare, a startup using AI to track prescriptions for elderly patients and their carers. The London headquartered company is aiming to reduce the potential health complications that can arise from medicine mismanagement, which is one of the leading reasons behind the re-hospitalisation of elderly patients. Founded ... Read more ›
7
Event space-booking platform Tutti has successfully secured £300,000 in a crowdfunding raise that surpassed its initial target of £240,000. London-based Tutti, which offers event space owners a digital platform to manage bookings from creatives, secured the funds on the crowd investment platform Seedrs. The company was founded in 2018 by its CEO, Gabriel Isserlis, who ... Read more ›
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The new year is already looking like it will present significant challenges to UK businesses, and a lack of digital skills will likely be one of them in 2023. The data has consistently shown that developing skills in Britain will be essential to growing the economy, and while the government has made some efforts in ... Read more ›
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Recognise Bank, a small and medium enterprises (SMEs) lender and savings provider has received an additional £25m from shareholder PV27. The bank offers business loans, commercial mortgages, bridging loans, buy-to-let loans along with personal and business savings accounts. “Recognise has shown that a bank embracing cutting-edge technology and a more personal approach can attract small ... Read more ›
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15.06.2026 14:26
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