Optalysys, a Leeds-based technology company specialising in photonic computing, has secured a £23m Series A extension investment to support its expansion to the US. The firm’s offering is essentially combining silicon photonics with digital technologies, with data movement and processing on a single chip. The company claims this process can deliver immense computational power with ... Read more ›
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Going into 2026, UK tech businesses have plenty to be concerned about. From economic headwinds to geopolitical meltdowns and the uncertainty brought about by rapidly developing technology, it was clear by the start of January that the coming year would offer no shortage of hurdles. But to best understand the challenges at the top of ... Read more ›
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UK organisations’ spending on cybersecurity will represent the largest budget increase of any category over the next 12 months, according to new research. Ongoing geopolitical tensions and numerous high-profile data breaches and hacks have prompted firms to set cybersecurity as the number one priority for increased investment this year, according to the KPMG Global Tech ... Read more ›
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For business leaders looking ahead to 2026, stability is no longer the expectation. If anything, the opposite is true. HLB International’s latest global survey suggests that uncertainty has become a permanent feature of decision-making, forcing executives to prioritise issues they might once have treated as longer-term problems. Cybersecurity and digital capability now sit firmly in ... Read more ›
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The Technology Department has assembled leaders from the UK’s fastest-growing AI companies to discuss ways to ensure British firms can grow and scale without leaving the country. In a discussion chaired by AI Minister Kanishka Narayan and recently appointed AI ambassador and Monzo co-founder Tom Blomfield, tech leaders will aim to spotlight the domestic support ... Read more ›
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Allocation Strategy, a London-based analytics platform for institutional investors, has raised £1.6m. The platform offers analytics across the allocation process and is used by investment teams to evaluate risk and return trade-offs, test portfolios across different market conditions and ultimately improve the resilience of a portfolio. “Portfolio decisions are more complex than ever, and institutional ... Read more ›
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The NHS will expand the use of drones with urgent pathology samples set to be transported by the vehicles across south west London. The new drone service from Apian and operated by Wing will carry pathology samples from the Nelson Health Centre in Merton to SWLP’s central laboratory at St George’s Hospital in Tooting. Apian ... Read more ›
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The use of AI chatbots for all manner of purposes has more or less become the norm just a few short years after the majority of the world was introduced to the technology. But while it is no longer novel for people to use services like ChatGPT and Gemini daily, debates continue as to the ... Read more ›
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Antidote, a London-based AI-powered legal tech platform, has become the latest startup in its increasingly crowded market to secure funding with the close of a $5m (£3.7m) seed round. Founded in 2024 and first funded to the tune of $2m (£1.5m) the following year, the Antidote platform is used by law firms to automate billing ... Read more ›
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A major new study has launched in the UK that will examine the impact of restricting children’s access to social media as politicians toy with the idea of a complete ban. The study, which will be co-led by the University of Cambridge’s Prof Amy Orben, will form a key piece of evidence for the government ... Read more ›
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Deep tech firm Anzen Industries has raised $2.2m (£1.7m) for a pre-seed funding round in support of its biomanufacturing and chemical engineering technology. The startup essentially develops the building blocks for the multi-trillion dollar global chemicals industry. Anzen with its enzyme reactor technology, immobilisation techniques and AI design aims to engineer molecules to make chemical ... Read more ›
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The pledge from Chancellor Rachel Reeves at the World Economic Forum in Davos to overhaul the Global Talent Visa could be a critical boost to the UK quantum sector, according to a leading firm in the industry. Among Reeves’ pledge was a plan for the government would refund visa fees for researchers and academics in ... Read more ›
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The government has appointed two ‘AI Champions’ from the banking industry to oversee the safe adoption of the technology into financial services. Harriet Rees, group chief information officer at Starling Bank and Dr Rohit Dhawan, chief data and analytics officer at Lloyds Banking Group have been selected to support the industry’s transition to an approach ... Read more ›
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The UK government-owned British Business Bank is set to make its largest-ever direct investment, £25m into the Octopus Energy spinout Kraken Technologies. Kraken was formed from within Octopus, one of the UK’s largest energy providers, as the AI technology platform that the core service ran on. Octopus spun out the company into a standalone venture ... Read more ›
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London-based flexible wage fintech and workplace finance platform Stream has closed a $90m (£66.8m) Series D funding round. Founded in 2018 as Wagestream, the company launched to give employees early access to earned wages as a response to the often predatory pay day loan operators. Since then, the firm has grown into a broader financial ... Read more ›
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Prime Minister Sir Keir Starmer has declared the UK will hold firm on its objection to ambitions from the US president to seize Greenland, a move which could prompt economic retaliation from Britain’s formerly closest ally. President Donald Trump has said 10% tariffs will be imposed on European nations that defend the position of Greenland’s ... Read more ›
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TeamFeePay, a sports tech company based in Belfast, has secured a £9m investment in support of its football club management software offering. Founded in 2021, TeamFeePay has developed a software platform to help grassroots football clubs plan matches, training, events and track key metrics such as attendance. The company was co-launched by Liam McStravick, who ... Read more ›
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The Westcott Space Hub, a new £20m innovation facility, has been opened in Buckinghamshire to provide cutting-edge facilities for businesses in the sector. With space tech predicted by the government to be a key economic driver for the future, the UK Space Agency has backed the new hub in partnership with URA Thrusters, Patrizia Hanover ... Read more ›
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Digital bank Monzo is launching a new tax reporting tool for its business customers ahead of new requirements coming into place later this year. The Making Tax Digital (MTD) for Income Tax changes, coming into effect in April, will require sole traders and landlords to use approved software to submit income and expense information to ... Read more ›
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Elyos AI, a London-based platform launched to support trade businesses, has secured a $13m (£9.7m) Series A investment to accelerate international expansion. Working with plumbers, electricians, HVAC operators and more, Elyos AI was built to automate customer communications, booking, dispatch and follow-ups, essentially acting as an agentic portal for all customer operations. Elyos’s agents can ... Read more ›
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29.07.2026 11:15
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