Bristol-headquartered Science Creates Ventures has picked up £15m in funding from British Business Investment’s Regional Angels Programme. Science Creates Ventures invests in UK deep tech firms across the healthcare and environmental sector. It typically backs firms from the pre-seed stage to Series A. The British Business Investment funds will largely be invested alongside the VC’s ... Read more ›
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Digital recruitment platform Job Protocol has raised £1.3m for its crowd-based hiring system that uses blockchain technology. Founded in 2022, Job Protocol is looking to replace traditional recruiters with a crowdsourcing platform in which companies list job openings alongside a “bounty” fee paid to whichever recruitment firm or freelance recruiter finds the right candidate. Recruiters ... Read more ›
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Web3 startup Eterlast has left stealth mode having secured $4.5m (£3.9m) in funding for its blockchain-based gaming experiences. Eterlast develops NFTs in association with sporting and media franchise partners. The digital assets can be collected by consumers and used as part of gaming experiences. The company has begun the development of blockchain games based on ... Read more ›
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Myndup, a mental health platform used by employees at the likes of Savills, Dentons, and The Prince’s Trust, has secured £4.4m in an oversubscribed Series A funding round. The London-based startup provides therapy, counselling, mindfulness, life coaching, career coaching and meditation digitally to employees. Employees can use the service for free, anonymously and select their ... Read more ›
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Ask anyone to name the first search engine that comes to mind and there’s a high likelihood they’ll say Google. It hasn’t always been this way. Over the past three decades, the answer to that question has also been Yahoo, Ask Jeeves, WebCrawler, AOL Search, or Netscape. British search engine company Mojeek is hoping to ... Read more ›
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Digital upskilling platform 5Mins AI has raised $5.7m (£5m) in a seed round for its social media-inspired staff education technology. Founded in 2021, 5Mins AI is a platform that hosts employee training content that staff can engage with in a similar fashion to social media content. The platform stylistically borrows heavily from the app TikTok, ... Read more ›
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Photo-sharing social network Instagram has partnered with British digital identification startup Yoti to roll out facial age estimation technology in the UK to verify whether a user is a teen or an adult. From Monday, UK Instagram users editing their date of birth to 18 or over will be given the option to upload a ... Read more ›
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The official charity of Everton Football Club has launched a community digital skills lab in Merseyside with the aim of equipping children with the technology skills for the jobs of tomorrow. Everton in Community will house the digital skills lab at its People’s Hub. The lab contains equipment to educate young people on robotics, virtual reality, ... Read more ›
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Business Secretary Grant Shapps has revealed Teesside is to become home to the UK’s first large-scale merchant lithium refinery in a boost for the country’s battery industry. The government has given Green Lithium a grant of more than £600,000 to build the refinery through the Automotive Transformation Fund. Lithium is a material commonly used in ... Read more ›
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Climate tech startup Carbon Re has raised £4.2m in seed funding for its AI platform that spots inefficiencies in energy-intensive industries to reduce carbon emissions. Founded as a joint spinout of the University of Cambridge and UCL, a key focus for Carbon Re is the cement industry, which was the target of Carbon Re’s Delta ... Read more ›
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The Department for Digital, Culture, Media and Sport (DCMS) has announced it’s launching an inquiry to establish the “risks and benefits” of non-fungible tokens (NFTs) and blockchain technology. The NFT inquiry will focus on whether “vulnerable speculators” are put at risk by the market and examine if more regulation is needed before a Treasury review. ... Read more ›
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Online furniture retailer Made.com is expected to enter administration as soon as Monday, leaving 500 staff – largely UK-based – out of work. Shares in the London-listed company were suspended last week after the company stopped taking customer orders. It has so far been unable to find a buyer in the necessary time frame. Insolvency ... Read more ›
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Lancaster-based sustainable battery startup LiNa Energy has closed a £3m late seed funding round to accelerate the company’s technological development and growth. Founded in 2017 as a spinout of Lancaster University, LiNa develops sustainable, low-cost energy storage tech. Its flagship product is the sodium battery, which it claims offers lower costs and greater safety than ... Read more ›
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Worldr has secured $11m (£9.7m) in a seed funding round led by Molten Ventures for its messaging data sovereignty software that integrates with Microsoft Teams, Slack and WhatsApp. Based in London, Worldr has developed software that helps businesses to conform to regulations and security standards from organisations such as the Financial Conduct Authority. The software ... Read more ›
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British-founded electric vehicle manufacturer Arrival has been issued a non-compliance letter from the Nasdaq stock exchange after its share price fell below $1 for 30 consecutive days. Arrival shares can continue to trade on the Nasdaq Capital Market for now. It has until 1 May 2023 to meet the share price requirements. Arrival told UKTN it ... Read more ›
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Barney Wragg is the CEO and co-founder of Karakuri, a robotic kitchen automation startup that’s aiming to improve efficiency and cut food waste in restaurants. Founded in 2018, its two main products are a robotic arm that can serve personalised dishes such as Asian fusion bowls, and an automated fryer. The London-based company has raised ... Read more ›
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Retail technology company Dropit has raised $25m (£22.2m) in a Series C investment, which will be used to grow its sales office in the US. Dropit’s software is used by retail companies to sell in-store stock online, turn locations into distribution points and supply orders based on their location to reduce “environmental impact”. It counts ... Read more ›
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BT has warned fresh job cuts may be on the horizon as the telecom giant raises its cost savings target to £3bn to deal with rising inflation. The company is one of the UK’s largest employers, with approximately 80,000 staff, making the potential layoffs a bellwether for the British economy and its tech sector. Any ... Read more ›
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London-based digital health tech startup Healios has secured £14m in funding to expand its mental healthcare services across the US via its subsidiary Meliora. Founded in 2013, Healios provides digital mental health support to children, young people, and families dealing with conditions like autism and ADHD. The startup offers self-management apps, online video sessions with ... Read more ›
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The Bank of England has raised interest rates by 0.75 percentage points to 3% in a bid to tackle inflation. It’s the highest interest rate since the 2008 global financial crisis, the biggest hike since 1989 and will have ramifications across the entire British economy. For tech startups, it underscores that the era of cheap ... Read more ›
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29.06.2026 23:22
Last update: 23:05 EDT.
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