A rocket test launch by British space company Skyrora was unsuccessful, with the Skylark L rocket travelling just 500m before crashing into the Norwegian Sea. Launching from its Icelandic mobile spaceport for the first time, the rocket “experienced an anomaly” that caused it to crash intin the sea. The launch is an important step towards ... Read more ›
0
London-based challenger bank Gatehouse has been handed a £1.5m fine from the UK’s financial regulator over a failure to conduct proper anti-money laundering checks. Founded in 2008, Gatehouse is a challenger bank that is Shariah-compliant. This means it follows economic and banking rules that adhere to Islamic principles, such as not paying interest. The Financial ... Read more ›
59
Children’s debit card and financial app provider GoHenry has raised $55m (£48.9m) to bring more services to its platform and further expansion plans. London-based GoHenry offers a prepaid debit card aimed at kids and teenagers. Parents and guardians can monitor their child’s spending through their own app, while children receive in-app education about money. Alex ... Read more ›
0
London-based website building startup Munch has raised £1.3m for its platform that aims to simplify web development for businesses and ‘side hustles’. Munch faces stiff competition in the codeless website creation market, with companies like WordPress and Squarespace becoming household names. However, the London-based platform claims its offering is different because it is focused on ... Read more ›
0
Nadeem Sarwar is the founder and CEO of Phlo Connect, a pharmacy tech infrastructure platform that bridges the gaps in digital healthcare for clinicians and patients. Founded in 2019, Phlo Connect’s technology integrates with healthcare providers such as Babylon and HealthHero to offer services including digital prescriptions and live patient updates. In 2014, Sarwar joined ... Read more ›
0
Tomorrow Global Tech Advocates will officially launch its Tech West England Advocates group to promote tech in the West Midlands and South West of England. The 27th group by Global Tech Advocates joins other UK groups focused on the north, London, Wales, Belfast, Scotland and a growing list of groups around the world. Russ Shaw ... Read more ›
36
Large tech firms need to slow down the hiring process to truly encourage greater levels of diversity in their workforce, according to representatives from the European operations of Google. Speaking at London’s Black Tech Festival, Noah Samuels, Google Europe Middle East and Africa (EMEA) leader for all Black+ DEI initiatives discussed how easy it can ... Read more ›
0
Venture capital firm (VC) Lightrock has closed €860m (£750.9m) for its Climate Impact Fund, surpassing the original target of €600m (£523.8m). Lightrock will deploy investments of €10m (£8.7m) – €40m (£34.9m) into European and North American growth-stage climate companies. Pål Erik Sjåtil, CEO and global managing partner, Lightrock said: “This is Lightrock’s third successful fund ... Read more ›
0
Data released today to correspond with Birmingham Tech Week shows that the West Midlands’ tech sector is now worth £15.3bn, an increase of £3.8bn since last year. It comes after the West Midlands’ tech sector was named the fastest-growing tech hub last year. “Fast-growing firms are cementing Birmingham’s status as a tech powerhouse – boosting ... Read more ›
0
London’s West End is best known for its restaurants, bars, and historic theatre district. Thanks to a growing number of high-growth artificial intelligence startups locating in the area, the West End may soon be considered the UK’s latest AI cluster and a global hub for the industry. At first glance, the area within western central ... Read more ›
0
Investor sentiment is low. Funding is slowing down. Valuation multiples are shrinking and my WhatsApp does not get filled up with random mates bragging about their paper multiples on individual stocks. Investing in tech does not seem so ‘sexy’ anymore. Financial indicators, such as the general direction of public markets, tell us that the current ... Read more ›
0
Bristol-based cybersecurity scaleup Immersive Labs has secured $66m (£59.7m) in a funding round led by Ten Eleven Ventures and bolstered its executive team with three new appointments. Found in Bristol in 2017, Immersive Labs has created a cybersecurity training platform used by organisations to teach practical IT security skills. The company does this with realistic ... Read more ›
0
The West Midlands will appoint a ‘tech commissioner’ to champion the region’s tech sector and encourage more investment in local tech startups. The tech commissioner will look to build on the recent growth in the region, with the West Midlands last year named the UK’s fastest-growing tech hub. The role, which has not yet been ... Read more ›
24
X-ray technology maker Silveray has received £2.2m in seed funding, which it will use to move to a dedicated location in Greater Manchester. The funds will also help Silveray grow its team and start product development. “The funding will allow us to move quickly and hit our product development milestones effectively. We aim to have ... Read more ›
0
Paris-based bank BNP Paribas has announced an agreement to acquire UK currency management software firm Kantox. Headquartered in London, Kantox provides companies with software to automate their end-to-end foreign currency exchange workflow. BNP Paribas previously invested €8m (£7m) into the fintech company as part of its Series D funding round in February 2020 and has ... Read more ›
63
It is nearing 12 months since West Midlands Combined Authority (WMCA) began its partnership with UKTN, providing regular articles – Digital Skills Clinics – addressing pertinent issues and trends within the digital skills gap. The first piece I wrote for UKTN in late 2021 offered an initial snapshot of the digital skills gap in the ... Read more ›
6
London-based startup Zeus has picked up £1.8m in funding from angel investors for its freight management software used by the likes of Primark, Decathalon and P&G. Zeus’ software as a service (SaaS) platform provides businesses with access to large goods vehicles, fleet management tools and the ability to carbon offset their deliveries. Clemente Theotokis, co-founder ... Read more ›
2
London-based fintech Payable has raised $6.1m (£5.5m) in a funding round for its payment operations platform that “modernises” finances. Founded in 2022, Payable is aiming to update what it calls “inefficient” and “antiquated” enterprise finance departments processes with payment operations software. Commenting on the current state of finance teams, Payable co-founder Daniel Yubi said: “It ... Read more ›
0
While the notion of network-based computing dates to the 1960s, the first use of ‘cloud computing’ in its current context is believed to have happened in August 2006, when then-Google CEO Eric Schmidt introduced the term at an industry conference. By 2010, companies like AWS and Microsoft had developed private clouds that were pretty functional ... Read more ›
0
British neobank OakNorth has acquired a 50% stake in ASK Partners, a specialist lender for property transactions. The deal will build upon the existing relationship between OakNorth and ASK, which has seen them provide structured debt to SME housebuilders and property firms across 45 joint transactions over the last five years. OakNorth did not disclose ... Read more ›
0
Most popular sources
Financial Times
|
0% |
Startup News
|
0% |
Tech Wire Asia
|
0% |
ArcticStartup
|
0% |
UK Tech News
|
0% |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
30.06.2026 02:51
Last update: 02:45 EDT.
News rating updated: 09:41.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.