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Oscar Hornstein @ UK Tech News · 08/11/2025 10:00 EDT

Bath-based cyber hardware group secures £1.5m from SWIF

Blueskytec, a cybersecurity hardware company based in Bath, has secured a £1.5m investment from the British Business Bank’s South West Investment Fund, managed by Maven. Focused on protecting critical national infrastructure, Blueskytec develops physical hardware designed to protect the cybersecurity of sectors including defence, civil and energy. The company claims that its process, being 100% ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 08/11/2025 08:06 EDT

Wikipedia’s case against Online Safety Act dismissed by High Court

Legal action taken by the Wikimedia Foundation, the owner and operator of Wikipedia, against the UK government’s Online Safety Act was dismissed by a High Court judge on Monday. The organisation made the challenge over concerns the act’s categorisation rules could impose stringent requirements on Wikipedia that would “undermine the privacy and safety of Wikipedia’s ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 08/11/2025 07:00 EDT

Oxford Nanopore co-founder to step down as chief executive

Oxford Nanopore Technologies co-founder Gordon Sanghera (pictured) will step down as chief executive after more than 20 years at the company’s helm. Announced on Monday, Sanghera said he will be moving on as CEO by the end of 2026. The DNA and RNA sequencing pioneer listed on the London Stock Exchange with high expectations in ... Read more

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UK Tech News
Wayne Elliott @ UK Tech News · 08/11/2025 06:00 EDT

The surprising role of the Met Office in national defence

In today’s geo-political environment of heightened global tensions, the importance of strategic defence preparedness is vital.   Accurate, scientific and technical weather and climate capabilities are an essential component of this preparedness, providing forecasting and prediction capabilities for mission planning and the operational effectiveness of UK and international defence forces.   As the Met Office’s head ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 08/11/2025 05:14 EDT

Elon Musk’s Tesla bids to enter UK energy market

Elon Musk‘s Tesla is looking to enter the UK home energy market after making a formal bid to secure an electricity supply licence from Ofgem. The Texas-headquartered company has applied for a UK approval to supply homes with power via its Manchester-based UK subsidiary Tesla Energy Ventures. Ofgem will collect comments on the licence application ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 08/11/2025 04:44 EDT

Record 29 startups selected for IAG accelerator programme

AI, carbon removal and sustainable aviation fuel (SAF) are among the areas targeted by International Airlines Group (IAG) in the firm’s largest-ever accelerator cohort featuring 29 startups. IAG, the London-headquartered conglomerate which owns British Airways, Aer Lingus and Iberia among other airlines, has been running its startup accelerator since 2016 and claims to have supported ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 08/11/2025 03:00 EDT

Wagestream rolls out workplace loans backed by £300m

Wagestream, a London-based fintech known for its flexible salary product, has officially rolled out its new workplace loan product to its UK client base. The service, backed by a £300m debt financing deal from Citi, will allow businesses to offer loans to staff as part of their employee benefits. The fintech conceived of the idea ... Read more

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UK Tech News
UKTN @ UK Tech News 1 place · 08/08/2025 10:00 EDT

UK tech funding roundup: This week’s deals from Aproov to Wanda Health

This week’s UK tech funding deals include API and app security company Aproov, financial modelling LLM and more. UKTN tracked £8.6m worth of UK tech investment this week (4 August to 8 August), a significant week-on-week decline during the typically slower period of funding deals in August. Here’s your weekly roundup of UK tech startup ... Read more

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UK Tech News
UKTN @ UK Tech News 2 place · 08/08/2025 06:00 EDT

Air Aware Labs founder: Investing in people

Louise Thomas is the co-founder and chief executive of Air Aware Labs, a technology company tackling the issue of air pollution. In this week’s Founder in Five Q&A, Thomas discusses the value of hiring staff who can grow with your startup, managing teams without being hierarchical and a side passion for flamenco dancing. Which role was ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 3 place · 08/08/2025 05:54 EDT

Quantum computing ecosystem is ‘not ready’ for error correction

The quantum computing ecosystem is not ready for quantum error correction (QEC) despite recognising it as critical, according to new research. QEC is a technique in quantum computing to protect qubit data from errors caused by noise and decoherence, a crucial element in reliable quantum computers. A survey of 300 quantum professionals conducted by Cambridge-based ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 08/08/2025 05:00 EDT

Launch of GPT-5 reinforces AI governance gap, UK body warns

The launch of the new GPT-5 model from OpenAI “reinforces the growing gap between AI capabilities, and our ability to govern them”, warns the Ada Lovelace Institute. The latest iteration of OpenAI’s flagship product ChatGPT launched this week, with the company claiming it had now reached “PhD-level” intelligence. As a major advancement in AI capabilities, ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 08/08/2025 03:00 EDT

Skyrora: How the UK can claim a voice in space travel

The UK is home to some of the world’s best scientists and engineers with a government that has a keen ambition to capitalise on the ‘space economy’, but without launch sovereignty, it can never truly have a voice in space, according to Skyrora. The Scotland-based space tech company made waves this week when it announced ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 08/07/2025 08:00 EDT

BAE Systems ups AI investments with Oxford Dynamics deal

BAE Systems is increasing its investments in AI technology through the backing of Oxford Dynamics, a deep tech startup specialising in automation and robotics. The defence giant is looking to incorporate Oxford Dynamics’ AI data expertise into its business, with the first stage of the collaboration seeing the embedding of the startup’s AI technology into ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 08/07/2025 06:19 EDT

DoorDash acquisition drives losses for Deliveroo

Deliveroo posted a loss of £19.2m for the first half of the year, citing “costs associated with the DoorDash acquisition” as the driving force. The food delivery app in its interim results for the period ended 30 June 2025 reported an 8% revenue bump from the first half of 2024, reaching £1bn off the back ... Read more

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UK Tech News
Jessica Nangle @ UK Tech News · 08/07/2025 06:00 EDT

Putting the ESG in VC

UK venture capital firms are increasingly encouraging their portfolio companies to engage meaningfully with ESG issues. However, despite clear intentions, progress remains mixed across key areas such as carbon measurement, responsible AI adoption, and board-level gender diversity. ESG_VC’s annual benchmarking aims to reveal the true extent of progress by measuring indicators from firms based globally. ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 08/07/2025 05:16 EDT

Tracelight raises £3m to bring LLMs to financial modelling

Tracelight, a London-based startup developing large language model (LLM) tools for the financial sector, has raised $3.6m (£2.7m) in seed funding. Financial models hold an intriguing place in the current AI climate. The complex and time consuming processes that inform long-term strategy and the movement of billions of pounds seem ripe for automation. At the ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 08/07/2025 04:41 EDT

Payments firms must implement stronger customer safeguards, regulator says

Payments firms will be required to improve safeguarding practices to protect customer money, following new rules from the UK financial regulator. From May 2026, payments businesses will be required to keep customer money separate from the company’s own funds to ensure that it will be available to be returned in the event the firm goes ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 08/07/2025 02:00 EDT

Science Minister calls on tech firms to lower energy prices

Science Minister Lord Vallance has called on tech companies to develop solutions to lower energy costs and shift peak electricity demand. As the cost of household bills and the demand for energy, driven by increased digitisation and the use of AI, rises the government has launched a five year competition for experts to develop tech ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 08/06/2025 11:05 EDT

Oxford Nanopore launches legal action over patent use

Oxford Nanopore Technologies has announced it has taken legal action against MGI Australia for infringing on the company’s patents. The University of Oxford spinout said that with the launch of MGI Australia’s product, Cyclone SEQ WT-02, the company had infringed on four patents held by Oxford Nanopore in Australia. “Oxford Nanopore’s decision to commence legal ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 08/06/2025 08:16 EDT

ElevenLabs launches copyright-free music generator

London-founded AI unicorn ElevenLabs, known for its voice generation products, has launched a music creation tool in collaboration with the music industry. Eleven Music, described by the company as the “highest quality AI music model”, allows for the speedy creation of music in a variety of styles, structures, genres and languages. AI music generation has ... Read more

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