The UK government should have taken a golden share in semiconductor designer Arm “a long time ago” and any attempt to do so now is “trying to close the gate after the horse has bolted”, according to the company’s co-founder Hermann Hauser. In an exclusive interview with UKTN, Hauser – who co-founded Acorn computers, which ... Read more ›
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Paris and London-based venture capital firm Breega has closed a €250m (£212m) investment fund for Series A and above rounds. The new fund marks the VC’s fourth fundraise in seven years, bringing its total assets under management to €500m (£425.5m). Breega’s latest fund will focus on late-stage European startups, with a particular focus on fintech ... Read more ›
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ESG Book, a company that has created a platform to collate corporate environmental, social and governance (ESG) data, has closed a $35m (£28.54m) funding round. The company’s cloud-based platform aims to make ESG data accessible for investors, fund managers and financial institutions. ESG Book will use the proceeds of the Series B round to expand ... Read more ›
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Shojin, an FCA-regulated online real estate investment platform, has launched its unique secondary market offering to accommodate bespoke deals as the fintech scaleup continues to lower barriers to entry to the online property investment market. Once the investment opportunity in a Shojin product has closed, the investor will then have the ability to list their investment ... Read more ›
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London-based hydrogen truck maker Tevva has raised an additional $51m (£41.6m) to accelerate the production of its all-electric and electric-hydrogen 7.5 tonne trucks. The fundraise, first reported by Sifted, was filed on Companies House and later confirmed by Tevva. It follows the company’s $57m (£46m) raise in November last year and brings the company’s total funding ... Read more ›
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Proptech investor Concrete Ventures is looking to raise €100m (£86m) to invest in seed and Series A proptech startups in Europe, the Middle East and Africa. Concrete Ventures declined to reveal how much of the fund it has raised so far, but told UKTN when it reaches its target it will make seed investments of ... Read more ›
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London-based Stotles has raised $6.5m (£5.3m) in seed funding to expand its platform that aims to make it easier for the private sector to do business with the public sector. The startup has so far created tools to help commercial teams increase their public sales productivity when selling to governments. Its platform provides a personalised ... Read more ›
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Trumpet, a B2B sales platform used by companies such as Google, has raised £1.6m in a pre-seed funding round led by Lightbird Ventures. The London-based startup said it will use the capital to increase its headcount and prepare for international growth. Rory Sadler, co-founder of Trumpet, told UKTN: “As a SaaS [software as a service] ... Read more ›
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Conservative MP and former health secretary Matt Hancock has doubled down on his support for crypto and the “liberal regulation” of it despite the global market crash that has sent the price of Bitcoin and other cryptocurrencies tumbling. In an interview with UKTN, Hancock said his confidence in crypto has not been shaken by the ... Read more ›
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Cleantech investor group Kiko Ventures has launched a £375m fund for developing environmental technologies. As global investment into cleantech continues to reach new heights, Kiko Ventures has launched the new fund with the goal of creating a more flexible funding structure for tech that’s addressing climate change. Having spun out from the FTSE 250 company ... Read more ›
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Northumberland-based battery cell manufacturer Britishvolt has extended its contract with the University of Warwick to develop battery cell technology in an undisclosed “multi-million-pound deal”. Warwick Manufacturing Group (WMG), the university’s department that collaborates with the public and private sector, will work with Britishvolt for two years. It will tap its research on battery cell development ... Read more ›
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Multinational bank HSBC has launched a £250m fund to invest in “high growth, loss-making” tech scaleups in the UK. The HSBC Growth Lending fund will provide bank loans to scaleups that have already exchanged equity in the company for funding from venture capital firms and angel investors. The fund will provide access of up to ... Read more ›
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CloudNC, a company that develops software for factories to autonomously create components, has raised $45m (£36.7m) in fresh funding. The London-headquartered company said it plans to use the capital to expand its manufacturing capabilities in Essex and develop its software as a service offering. CloudNC’s software is designed to produce precision parts without humans manually ... Read more ›
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Belfast-based Sonrai Analytics has raised £2.1m in its “seed plus” round, led by venture capital firm Forward Partners, for its medical data analysis software. Using artificial intelligence (AI) Sonrai Analytics’ software can look for biomarkers, create algorithms and aid in getting new medical products quicker. “This investment enables us to focus on the growth of ... Read more ›
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The Conservative Party received a donation of £500,000 from a cryptocurrency businessman and lobbyist ahead of the government unveiling a plan to make the country a “hospitable place for crypto”. First reported by Financial News, the Electoral Commission site showed that two months before Chancellor Rishi Sunak’s “global cryptoasset technology hub” speech, Christopher Harborne, who ... Read more ›
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London-headquartered venture capital funds LocalGlobe and Latitude have been rebranded under new parent company Phoenix Court Group, which has closed $500m (£407m) in capital to invest from the seed stage to IPO and beyond. Phoenix will invest in the northwest London area of Somers Town, or “New Palo Alto”, a term coined by Phoenix Court ... Read more ›
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University of Cambridge healthtech spinout Psyomics has closed £2.4m in funding to bring its mental health assessment platform to more NHS trusts and individual users. Psyomics’ smartphone app, called Censeo, aims to replicate face-to-face psychiatric assessment by asking users a series of questions to create a picture of a person’s mental health. It then provides ... Read more ›
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The UK government has been called on to increase investment in the tech manufacturing sector to ensure the country can meet its net zero targets. The Manufacturing Technology Centre (MTC) said the sector is at risk of missing the net zero targets laid out by the government if it does not receive additional public funding. ... Read more ›
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British online grocer Ocado has raised £578m from investors on the public markets to fund the development of its technology division, which licenses its automated warehouse technology to other brands. On Monday Ocado placed £575m of shares on the market at a discounted 795p a share, raising an additional £3m from senior management. It follows ... Read more ›
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Silicon Valley-headquartered investor Plug and Play UK has launched its mobility programme in the Midlands, partnering The University of Warwick, The Advanced Propulsion Centre, and Zenzic. The programme, which will bring together stakeholders to improve sustainability in the mobility sector, will be based out of the National Automotive Innovation Centre at Warwick University. Plug and ... Read more ›
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UK Tech News
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StartupNation
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16.06.2026 23:30
Last update: 23:25 EDT.
News rating updated: 06:21.
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