Imperagen, a Manchester-based biotech using AI and quantum physics to engineer better enzymes faster, has closed a £5m seed funding round. Enzymes are biological catalysts used to reduce waste, lower energy usage and decrease overall production costs in everything from pharmaceutical manufacturing and personal care to sustainable chemical production. However, engineering an enzyme for practical ... Read more ›
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Oxford’s West End is emerging as a ‘new frontier of British science and technology’, the minister for science, research and innovation Lord Vallance has said at a topping out ceremony in the city’s emerging urban science district. Vallance told an audience of senior industry leaders, investors, founders and academics that inner-city science districts present an ... Read more ›
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For more than a decade, the UK has talked about how to build globally competitive technology companies. On most measures, that ambition has been achieved. The UK now produces companies capable of competing at the highest level, particularly in areas such as data, AI and enterprise infrastructure. But a structural problem remains. The UK is ... Read more ›
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Ear and hearing health technology provider TympaHealth has secured a £2m Innovate UK loan to accelerate Tympa Assist, its AI-powered guidance platform for otoscopies, the medical examination of the ear. TympaHealth integrates high-definition digital otoscopy, AI-assisted image capture and wax assessment, hearing screening, microsuction capability, and cloud-based referral pathways into a single, connected platform. The ... Read more ›
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British Business Bank has made a £25m cornerstone commitment to Antler’s UK Fund II to support ambitious founders and innovators across the UK, UKTN can exclusively reveal. Antler partners with founders pre-launch of their companies, providing them with resources, coaching and funding, connecting them with a global network to help them grow and scale. The VC has ... Read more ›
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Thirteen British businesses have been awarded contracts of up to £4m to work with the Ministry of Defence (MoD) to boost rapid procurement and deliver cutting-edge technology for the UK Armed Forces. The new scheme gives accelerated contracts to small, innovative British companies who have done limited or no previous business with the MoD. Contracts ... Read more ›
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Infrawatch has raised a $3m (£2.2m) pre-seed round to build out its internet infrastructure intelligence layer, a new category of cybersecurity platform. The startup gives security, fraud and investigations teams real-time visibility into the infrastructure powering cyber attacks, fraud and scams, phishing, and online abuse. Attackers constantly change tactics, accounts and payloads, but the infrastructure ... Read more ›
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CircuitHub has raised $28m (£21m) to expand its network of automated, software-driven factories for on-demand electronics manufacturing. CircuitHub’s Grid platform enables production from one to 10,000 units with a standard three-day turnaround and automated quoting. The company also helps hardware teams design, test and scale products at software speed. Engineers building self-driving cars, satellites and ... Read more ›
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London-based payments infrastructure firm Primer has closed a $100m (£75m) Series C funding round as it continues to build the AI-enabled operating layer for global payments and finance. Primer offers customers unified infrastructure for global payments. For finance and payments teams, the single platform strives to reduce complexity, improve performance and capture more revenue. The ... Read more ›
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The UK, when it comes to AI, has “been on a great path for many years now”. This was the sentiment shared by Ashley Kramer, a San Francisco-based employee of OpenAI, currently serving as the vice president for enterprise. Kramer, who was in London this month to attend a conference in the city held by ... Read more ›
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Virtual worlds intelligence platform GEEIQ has secured $6.8m (£5m) in new investment led by YFM Equity Partners, with participation from GFR, Haymarket and existing angel investors, as brands accelerate investment across platforms including Roblox, Fortnite and ZEPETO. GEEIQ offers insights, data and analytics for games and virtual worlds to help brands navigate, measure and grow ... Read more ›
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Fintech is often held up as the gold standard of a UK tech success story. One that took a sector that the country was already a global leader in, finance, and spawned an enormously valuable sister sector that has gone on to represent a huge percentage of the world’s third largest tech industry. When it ... Read more ›
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This week’s podcast guest is Iana Dimitrova, chief executive of OpenPayd, who discusses how we are moving towards a world where AI agents will be making transactions without human intervention. Dimitrova also shares her thoughts on the governor of the Bank of England’s comments about stablecoins threatening the very nature of money and how the ... Read more ›
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Monzo’s revenue surged 39% to £1.7bn in FY2026, with gross profit reaching £1bn for the first time, according to new annual figures published by the digital bank. Monzo delivered strong profitable growth, while investing significantly in international expansion, product, platform, brand and marketing. The 39% revenue growth was powered by four income streams of over ... Read more ›
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Newcastle-based Rightbrain AI has raised £3m to help SMEs and mid-market firms overcome the barriers preventing them from deploying AI. The platform helps B2B services businesses, such as marketing agencies, recruitment firms and professional services firms, build and deploy AI agents without the overhead of full-scale digital transformation. Rightbrain acts as a software bridge, enabling ... Read more ›
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Lansdowne Partners has launched a venture capital fund focused on backing high potential British companies emerging from the UK’s university research base and startup ecosystem. The fund has announced a first close of $150m (£112m) and will hold a second and final close in December, with indicated interest in excess of the fund cap of ... Read more ›
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For many business founders, switching off is not as simple as closing a laptop or turning on their out-of-office. When you are building a business, especially at its earliest stages, there is a growing pressure to be constantly available. Every customer enquiry feels urgent and every operational issue feels personal. Founders often carry the weight ... Read more ›
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Shareholder litigation accounted for £3.7bn of the £11.7bn total cost of cyber attacks to large UK businesses in 2025, according to new research from global insurance brokerage Gallagher and the Centre for Economics and Business Research (CEBR). The numbers are modelled on a scenario where each affected firm incurs the cost of its most severe ... Read more ›
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At an April roundtable hosted by Lloyds in partnership with UKTN, founders, investors, academics and bankers gathered at Sister, Manchester’s leading innovation district, to take stock of a system that produces world-class research but still struggles to scale. On paper, the landscape looks healthy. The UK spinout ecosystem is turning out globally competitive research, and ... Read more ›
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Searchable has raised £10.3m to accelerate its AI performance marketing platform that helps businesses compete in AI-driven search. The London-based startup helps brands understand, track and improve how they appear across AI-led search. Acting as a growth command centre, it tracks visibility on ten AI engines, surfaces insights through interactive agents, connects analytics from Google ... Read more ›
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04.06.2026 07:24
Last update: 07:15 EDT.
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