Ulrik Stig Hansen is the co-founder and CEO of Encord, a London-based computer vision training data platform. The company’s platform is used by businesses to make unstructured data readable by machines. Its tools include data annotation, evaluation, and management of training data. Founded in 2020 by Hansen and Eric Landau, Encord has raised more than ... Read more ›
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Embedded integration platform Cyclr has raised £5.5m in a new funding round led by Praetura Ventures and existing investor Blackfinch Ventures. The London-based startup operates in the software as a service (SaaS) market. It provides cloud-based integration software for vendors to white label or embed integrations with other products into their own. Cyclr has created ... Read more ›
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Auckland-based sustainable packaging maker Noissue has acquired London-based dynamic QR code and microsite platform Tapkit. Tapkit’s employees will move to Noissue’s global product, design and engineering team to work on implementing its QR technology into Noissue’s packaging. Tapkit additionally creates microsites – websites that are focused towards mobile devices. Noissue makes sustainable packaging that is ... Read more ›
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The CEO and co-founder of Swedish fintech giant Klarna has said he is “very excited” about post-Brexit regulation in the UK. “What I’ve seen in the UK – which makes me very excited – is this amazing moment and drive and interest to take away some of the bad practices from Brussels in Europe, and ... Read more ›
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The CEO of crowdfunding company Seedrs has accused UK regulators of damaging the growth of UK startups by approaching competition concerns with a “policy approach” instead of an “economic” view. Jeff Kelisky told City A.M. that the Competition and Markets Authority (CMA) has “active policies to block acquisitions by the big companies of British small ... Read more ›
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Climate tech is the fastest-growing vertical in Europe, with funding soaring tenfold from $1.1bn (£840m) in 2017 compared to $11bn (£8.4bn) in 2021. In the same period, climate tech was the second outright largest investment vertical behind fintech. The data, compiled by Dealroom for Talis Capital, shows that in 2021, 13% of European venture funding ... Read more ›
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The UK government has granted a £400m loan to chemical and sustainable energy tech company Johnson Matthey, with the goal of supporting the green industrial revolution ten-point plan published in 2020. The London-headquartered multinational company specialises in the research and development of sustainable technologies, including hydrogen power, a key area of interest in the government’s ... Read more ›
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Property investment platform Shojin has closed a £3m funding round from global investors at a valuation of £49m. Shojin’s will use the fresh capital to grow its operations team, hire across deal origination, marketing, technology and risk management. This will help aid Shojin’s ambitions for global expansion, following its first non-UK real estate investment in ... Read more ›
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AI-powered foodtech startup Better Origin has raised $16m (£12.2m) in a Series A funding round for its sustainable animal food technology. The funding round was led by Balderton Capital, with existing investors Fly Ventures and Metavallon VC also participating. The Cambridge-based startup, in an effort to make food supplies more sustainable, has created decentralised mini-farms ... Read more ›
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Biomedical startup Adapttech has raised £2.25m in funding from investors Mercia Asset Management, ACF Investors, Wren Capital and Wealth Club. Adapttech will use the funding to continue developing smart, wearable technologies to help people with physical limitations improve their quality of life. The Birmingham-based startup combines the use of 3D scanning with dynamic pressure data ... Read more ›
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The Home Office has come under fire from figures in the UK fintech industry, including the CEO of Innovate Finance, after yesterday’s announcement that the fast-track visa scheme will be delayed until August. Scaleup visas have long been an attractive concept for those in the tech industry. The ability to bring in top talent from ... Read more ›
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JamJar investments have raised over £100m in its new fund to support early-stage consumer brands across the UK and Europe. The capital came from institutional investors, founders and a crowdfund including a cornerstone commitment of £48m from British Business Bank’s Enterprise Capital Funds (ECF) programme. London-based JamJar was founded in 2013 by Adam Balon, Jon ... Read more ›
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Delivery startup Packfleet has completed an oversubscribed seed funding round of £8m, led by Creandum. London-based Packfleet provides the logistics technology used by food delivery platforms such as Deliveroo and Uber Eats to all forms of package delivery. The startup’s services include live delivery tracking from a mobile device, the ability to adjust order details ... Read more ›
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Growth is great, but growing greener is taking on a new urgency for mid-sized businesses against a backdrop of climate change awareness and uncertainty for our collective future. The UK government is urging SMEs to commit to the Net Zero goal as part of a global campaign, via its UK Business Hub, in order to ... Read more ›
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The CEO and founder of Cambridge Quantum has said the UK is a “leader” in quantum computing and predicted that machines will reach a quantum volume in the millions of qubits within a year. Speaking at the Innovate Finance Global Summit, Ilyas Khan predicted that there will be quantum applications for fintechs within the next ... Read more ›
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The metaverse could have a digital population of as many as five billion people with an economy of up to $13tn (£9.9tn) by 2030, according to US financial services firm Citi. Speaking at a discussion on the future of the metaverse at the Innovate Finance Global Summit in London, Sophia Bantanidis, head of strategy policy ... Read more ›
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Episode six of the UKTN Podcast is out now. This week’s guest is Ricky Knox, a serial entrepreneur who has founded and co-founded fintech companies including Tandem Bank, Azimo and Small Word Financial Services. During the show, Knox recalls his time at Tandem, explains why he stepped down as CEO last year and shares more about ... Read more ›
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Flexible workspace operator beyond has launched a competition for London-based startups born out of the pandemic to win free space within its flagship beyond Aldgate Tower. The UK’s entrepreneurial spirit has been on display throughout the pandemic. A record 780,760 new businesses were formed in the UK in 2020, followed by another 771,617 in 2021. ... Read more ›
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The Treasury has outlined a plan to make the UK a “global cryptoasset technology hub”, which will involve new legislation to promote the use of stablecoins and the Royal Mint creating an NFT. “It’s not going to happen overnight… But we think by making this country a hospitable place for crypto, we can attract investment, ... Read more ›
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Digital bank Starling has been profitable for the past 18 months, the UK challenger bank’s CEO and founder Anne Boden has said. Founded in 2014, the British digital bank broke even for the first time in October 2020. It has been profitable ever since, with Boden’s comments confirming that Starling is on course to post ... Read more ›
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21.06.2026 08:57
Last update: 08:50 EDT.
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