Bristolian deep tech firm Phasecraft has today launched Mondrian, a quantum software platform backed by the government that it claims allows calculations to be done 1,000 times faster than a classical computer. A first-of-its-kind quantum software platform, Phasecraft described Mondrian as a hybrid technology that demonstrates how quantum and classical computing can be combined to ... Read more âș
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The government-run Regional Tech Booster programme has gotten underway as the projects set to benefit from the scheme have been unveiled. Announced in July, the programme aims to provide financial and entrepreneurial support to tech businesses outside of London. The selected projects will receive targeted training, expert guidance and network building support as part of ... Read more âș
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The majority of UK SMEs are concerned about their data being stored in the US amid a rise in data storage scrutiny, according to a new survey. Research conducted by team.blue and names.co.uk has found that in its survey of UK businesses, 73% were âworried about their data being stored in the USâ, due in ... Read more âș
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Lancashire County Council has signed a contract worth ÂŁ4.3m with software group Netcall to integrate autonomous AI agents into its public services. The multi-year partnership will see Netcall, which specialises in process automation and customer engagement, incorporate a âdigital front door platformâ for residents and businesses to access local services. The move includes the deployment ... Read more âș
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The British Business Bank has announced a âŹ20m (ÂŁ17.5m) commitment to the ÂŁ98.6m Notion Capital Opportunities III fund. The new fund from the GoCardless investor marks the latest support from Notion Capitalâs long-term partner, the British Business Bank, which has invested the firmâs last four core venture funds. The latest fund from the fintech and ... Read more âș
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NoBACZ Healthcare, a spinout company from the University of Cambridge developing novel technologies to treat wounds in livestock, has raised ÂŁ4.8m in a new funding round. The new investment will support the development and commercialisation of the companyâs patented âliquid bandage technologyâ, a new system for treating wounds on animals that it claims are healthier ... Read more âș
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London-based investor Concept Ventures has announced the close of its new $88m (ÂŁ65.6m) Fund II, targeting UK and European early-stage tech firms. This marks the second institutionally backed fund from the Monzo and ElevenLabs investor. The raise was supported by limited partners including Aldea Ventures, Top Tier Capital Partners, Marktlink Capital, Dominus, and Granite Capital ... Read more âș
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This weekâs podcast guest is Richard Jeffery, co-founder and chief executive officer of ActiveOps, who discusses the challenges of managing work productivity in large organisations and the impact of AI on decision intelligence and operational efficiency. ActiveOps is a workflow management software provider founded in 2005, now operating in 40 countries around the world. Listen ... Read more âș
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MyEdSpace, a London-founded edtech platform that hosts live lessons and lectures, has raised $15m (ÂŁ11.15m) in a Series A funding round. Founded in 2022, MyEdSpace is a digital schooling platform that claims to source teachers from the top 1% educators in the UK. The digitally hosted tutoring sessions have been used by more than 16,000 ... Read more âș
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OXCCU, a University of Oxford spinout developing sustainable aviation fuel (SAF), has secured ÂŁ20.75m for its Series B funding round. Considered by many in aviation to be the key to ensuring the industry can continue, SAF is a term describing a variety of fuels for aircrafts developed sustainably. While reliable large-scale SAF development has been ... Read more âș
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The latest group of aviation tech projects to be backed by the state-funded Future Flight Programme has been revealed. Innovate UK will deliver an investment of ÂŁ4.4m across the 14 projects, which will aim to develop commercially viable and scalable use cases for drone and aviation technology. Among the funded projects are the âDragonâs Heartâ ... Read more âș
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Willo, a recruitment technology based in Glasgow, has secured a ÂŁ3m investment from the founder of cyber giant Mimecast. Founded in 2020, Willo is a candidate screening platform used by clients such as Samsung, DPD, Toyota and the NHS. The platform is used to verify candidate credentials, something particularly necessary, according to the company, amid ... Read more âș
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A new sensor network using technology from Amazon Web Services (AWS) will collect live data to make the Natural History Museum the most intensively studied urban nature site of its kind. The network of 25 sensors have been installed across the Nature Discovery Garden, gathering a range of environmental and acoustic data. This includes temperature ... Read more âș
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This weekâs UK tech funding deals include a record funding round by AI infrastructure firm Nscale and finance platform Tide. UKTN tracked ÂŁ961m worth of UK tech investment this week (22 September to 26 September), a 314% week-on-week increase across seven funding rounds. Hereâs your weekly roundup of UK tech startup funding deals. Nscale â ... Read more âș
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Vet-AI is a Leeds-based pet health tech scale-up making vet care more accessible and affordable through AI-driven virtual consultations. A recent innovation is their own AI triage LLM which aims to transform how pet owners get care. In this weekâs Founder in Five Q&A, co-founder Paul Hallett discusses the importance of surrounding yourself with good people, ... Read more âș
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A new digital ID scheme will be rolled out across the UK in an effort to make it easier to use vital government services and help combat illegal working. The scheme will be available to all UK citizens and legal residents and will end the need for complicated identity checks which rely on copies of ... Read more âș
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In March, the UK government set out plans for what it called the biggest building programme since the second World War. The new Planning and Infrastructure Bill includes twelve new towns, each expected to deliver at least 10,000 homes. Itâs a huge opportunity, but are UK firms prepared to seize it? The UK construction industry ... Read more âș
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London-based AI data centre firm Nscale has raised $1.1bn (ÂŁ824m) in a Series B funding round, a record total in the UK and Europe. The funding will be used to further its global deployment of large scale AI infrastructure and was led by Norwegian investor Aker ASA with support from existing stakeholders such as NVIDIA ... Read more âș
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Strolling around the innovation district in the Olympic Park, one could almost believe they were in the heart of Silicon Valley, if it werenât for the decidedly grey East London sky. Exploring the Here East complex, you can find global companies, early-stage startups looking to turn vision into reality, university students and staff researching away ... Read more âș
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Quantum computer-powered bond trading has performed 34% better than classical techniques in a trial conducted by HSBC and IBM. The two firms were jointly exploring how quantum computers can be used to predict how likely a bond trade would be filled at a quoted price, with the findings suggesting the technology has a real future ... Read more âș
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07.03.2026 12:30
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