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UK Tech News
Shubham Sharma @ UK Tech News · 01/19/2022 09:36 EDT

Ecommerce firm OnBuy shuns ‘London bubble’ with Bournemouth HQ

UK-based ecommerce platform OnBuy has chosen Bournemouth for its headquarters instead of what it calls the “London bubble”. OnBuy will open its new HQ in Bournemouth Town Centre to house the recent influx of 100 new employees. OnBuy will join a cluster of tech companies located on the Southwest coast – including Nokia, BT and ... Read more

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UK Tech News
Shubham Sharma @ UK Tech News · 01/19/2022 07:59 EDT

Proptech startup Homesearch raises £5m from Octopus Ventures

London-based proptech startup Homesearch has secured £5m in a Series A funding round. The round was led by Octopus Ventures and the capital will be used to add more data insights to its property platform, which is used by estate agents to generate leads. Post funding, Homesearch plans to improve the data it makes available ... Read more

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UK Tech News
UKTN @ UK Tech News 3 place · 01/19/2022 07:17 EDT

Amon launches UK debit card for spending cryptocurrency earnings

Intelligent cryptocurrency services company Amon Tech has launched the Amon Card in the UK, a debit card that lets users convert and spend interest made on crypto investments. The Amon Card, available now in the UK, is linked to Amon’s multi-currency wallet that’s capable of storing all major cryptocurrencies, including Bitcoin and Ethereum. It can ... Read more

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UK Tech News
Staff Reporter @ UK Tech News 1 place · 01/19/2022 06:34 EDT

People management platform Lattice triples valuation to £2.2bn

Lattice, a San-Francisco-based people management platform that recently opened a UK office, has closed a $175m (£128m) funding round that gives it a valuation of $3bn (£2.2bn).  Thrive Capital, Elad Gil, Tiger Global, and Dragoneer, provided capital for the round, which tripled Lattice’s previous valuation.  Existing investors, including Founders Fund, HighSage Ventures, Shasta Ventures, Fuel ... Read more

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UK Tech News
Shubham Sharma @ UK Tech News 2 place · 01/19/2022 03:00 EDT

British insurtech startup Zego accelerates into the Netherlands

London-based commercial motor insurance startup Zego said it plans to launch in the Netherlands and ramp up its presence in France this year. The company, which became the UK’s first insurtech unicorn last year, said it’s also eyeing other new markets and target territories to offer its services. The company currently operates in six countries. ... Read more

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UK Tech News
Rebecca O'Keeffe @ UK Tech News · 01/19/2022 02:00 EDT

The 3 best tech jobs in Scotland this month

January is a common time of year for people to make changes in their lives – or at least get the ball rolling in some way. A big transition crossing lots of people’s minds is a change in career. We’re here to help you hunt for that exciting new job opportunity. So, we took to ... Read more

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UK Tech News
Shubham Sharma @ UK Tech News · 01/18/2022 09:16 EDT

Legal tech startup Juro raises $23m for US and European expansion

London-based contract automation platform Juro has raised $23m (£16.9m) in a Series B funding round. The funding was led by Eight Roads, a global venture capital fund that has previously invested in Alibaba, Cazoo and Appsflyer. Juro did not disclose its current valuation but claims it has increased over fivefold following the raise. The startup ... Read more

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UK Tech News
Robert Scammell @ UK Tech News 3 place · 01/18/2022 07:19 EDT

Autonomous vehicle startup Wayve raises $200m in Microsoft-backed round

British autonomous vehicle startup Wayve has raised $200m (£147m) in a funding round backed by Microsoft and Virgin. The London-based firm will use the capital to scale and deploy its autonomous vehicle technology, which uses cameras instead of LIDAR to map out a vehicle’s environment. The Series B round was led by previous backer Eclipse ... Read more

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UK Tech News
Staff Reporter @ UK Tech News 1 place · 01/18/2022 05:24 EDT

Chip designer Alphawave gets 225% sales boost following IPO woes

Alphawave IP, a British-Canadian company that makes wired connectivity solutions that are embedded in semiconductors, has reported a 225% surge in sales bookings.  Sales for 2021 reached $244.7m (£180m), bolstered by the $25.5m in sales bookings during the fourth quarter. Bookings were primarily driven by North American and South Korean customers.  It follows a lacklustre ... Read more

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UK Tech News
Shubham Sharma @ UK Tech News · 01/17/2022 11:41 EDT

Four-day workweek pilot launches in UK

A four-day workweek pilot has been launched in the UK to measure the impact reduced hours will have on productivity, employee wellbeing and gender equality. Around 30 organisations are participating in the six-month trial, which commences today and will see employees receive the same pay for working 80% of their usual hours. The pilot scheme ... Read more

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UK Tech News
Staff Reporter @ UK Tech News · 01/17/2022 11:06 EDT

MyTutor acquires Fire Tech to add coding classes to edtech platform

London-based edtech company MyTutor has acquired Fire Tech, a training platform that teaches children technology skills such as coding. The acquisition will see MyTutor provide extra-curriculum classes in areas including programming, AI, game design and digital media production to its one-to-one tutoring platform.   Fire Tech, also based in London, has delivered over 80,000 learning experiences ... Read more

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UK Tech News
Staff Reporter @ UK Tech News · 01/17/2022 09:43 EDT

Investment service provider WealthKernel raises £5m for Europe expansion

WealthKernel, a London-based digital startup that provides tools for digital investment services, has raised $7m (£5m) funding in an extension to its Series A round. The investment was led by XTX Ventures, the venture capital arm of XTX Markets. Other investors in the round included Digital Horizon, Big Start Ventures and ETFS Capital. The “Series ... Read more

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UK Tech News
Robert Scammell @ UK Tech News · 01/17/2022 09:16 EDT

7bridges raises $17m for automated supply chain platform

London-based smart logistics startup 7bridges has raised $17m (£12.5m) in a funding round led by venture capital fund Eight Roads. Existing investors Local Global and Crane provided further funds in the Series A round, along with additional investment from Maersk Growth. The startup said it will use the extra capital to grow its commercial team ... Read more

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UK Tech News
Robert Scammell @ UK Tech News · 01/17/2022 08:06 EDT

Google bets $1bn on London and hybrid work with office buy

Google is spending $1bn (£730m) to purchase a London office building in a major boost for the capital and a sign that the tech giant is betting on a return to physical workplaces. The internet search and advertising behemoth said on Friday that it’s buying the Central Saint Giles development located in London’s West End. ... Read more

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UK Tech News
UKTN @ UK Tech News · 01/17/2022 05:20 EDT

Why Bitcoin is the ‘retirement plan for millennials’

In 2008, a mysterious person using the alias Satoshi Nakamoto created Bitcoin. The intention was simple – to provide a decentralised digital currency free from any of the banks that had just caused one of the worst global financial crises in history. Fast forward to today and interest in Bitcoin is at an all-time high. ... Read more

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UK Tech News
Staff Reporter @ UK Tech News 1 place · 01/14/2022 11:57 EDT

Tech firms dominate list of best places to work in UK

Technology companies have dominated a list of the top places to work in the UK in 2022, with US workflow software company ServiceNow coming out on top. Technology firms accounted for 19 of the top 50 companies to work for, according to job review site Glassdoor’s annual ranking. The trend was even more prevalent in ... Read more

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UK Tech News
Robert Scammell @ UK Tech News 2 place · 01/14/2022 10:36 EDT

Cryptocurrency faces remittance ‘roadblocks’ amid growing use for salaries

From Bitcoin to Etheruem, interest in cryptocurrencies has soared in recent years and pushed prices to eyewatering highs – along with sharp downward swings. While mainstream adoption among consumers and institutions is growing, the status of cryptocurrencies remains uncertain. Is it a medium of exchange to replace or sit alongside fiat currencies? A store of ... Read more

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UK Tech News
Robert Scammell @ UK Tech News 1 place · 01/14/2022 07:55 EDT

Checkout.com crowned UK’s most valuable fintech with $1bn raise

Payments firm Checkout.com has raised $1bn (£730m), giving it a $40bn (£29bn) valuation and crowning it the UK’s most valuable private fintech. The London-headquartered firm said it will use the capital injection to fund growth in the US market and launch new marketplace solutions. It also plans to “strengthen leadership in Web3” – a nascent ... Read more

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UK Tech News
Megha Paul @ UK Tech News 2 place · 01/14/2022 06:13 EDT

UK tinnitus health startup scoops £510,000 and joins Silicon Valley’s Y Combinator

UK digital health startup Oto has raised £510,000 in pre-seed funding and has been selected to join Silicon Valley’s prestigious Y Combinator accelerator. Oto, which provides tinnitus support via a mobile app that compiles and consolidates the latest therapy techniques, said it will use the cash to accelerate clinical validation and strengthen its international user-base. ... Read more

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UK Tech News
Shubham Sharma @ UK Tech News · 01/13/2022 12:15 EDT

Joni Rautavuori appointed CEO of robotics firm Tharsus Group

Tharsus Group has appointed Joni Rautavuori as its new CEO, bringing 25 years of industrial automation experience to the Blyth-based robotics company. As CEO, Rautavuori will oversee Tharsus Groups’ sub-companies, Tharsus, the machines and robotics firm, and metal fabrication company Universal Wolf. The company’s founder, Brian Palmer, will continue in his role while supporting the ... Read more

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22.06.2026 00:21
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