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Oscar Hornstein @ UK Tech News · 07/01/2025 05:23 EDT

BVCA lays out £190bn UK growth plans

The British Private Equity and Venture Capital Association (BVCA) has identified £190bn of funds held by investors expected to be deployed over the next five years. The investment trade body, which gathered the data from over 2,000 funds, has therefore published a series of recommendations on how the untapped funds can be used to most ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/01/2025 04:53 EDT

Laverock Therapeutics extends seed round to £20m

Life science startup Laverock Therapeutics has extended it seed round to more than £20m with additional backing from new and existing investors. The company, which uses gene control technology to support the development of disease-responsive advanced therapies, raised £13.5m in 2023 seed round. The seed extension investment follows the successful development of the company’s platform. ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 07/01/2025 04:00 EDT

Safety tech firm Inclutech secures investment

Inclutech, a Belfast-based company specialising in public and personal safety solutions, has secured an investment of £400,000 to accelerate the commercialisation of its products. The company’s flagship product is TapSOS, an app for those in need of emergency services who are unable to speak. TapSOS is the first, and so far only, government-accredited app for ... Read more

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UK Tech News
Jessica Nangle @ UK Tech News · 07/01/2025 03:00 EDT

EXCLUSIVE: British Business Bank launches initiative for emerging female investors

The British Business Bank has unveiled a new Open Office Hours initiative for emerging or potential female investors considering making an application to one of the bank’s equity programmes. The Emerging Female Investor Open Office Hours initiative aims to offer an open and informal space for emerging or potential female investors and is open to ... Read more

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UK Tech News
UKTN @ UK Tech News · 07/01/2025 00:00 EDT

Ignoring the sceptics, Ahti Heinla, CEO, Starship Technologies

This week’s podcast guest is Ahti Heinla, CEO of Starship Technologies and one of the original creators of Skype, who discusses the surprising truth behind Estonia’s digital transformation over the past three decades, the massive and enduring impact of Skype and why whether its video calls or delivery robots, his businesses have always been the ... Read more

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UK Tech News
Russ Shaw @ UK Tech News · 06/30/2025 09:00 EDT

Has Labour’s first year in power been a tech success?

June marked a milestone moment for UK tech. At London Tech Week, the prime minister delivered his first major address backing the sector, underscoring the government’s ambition for Britain to lead in the global innovation race. Announcements followed thick and fast – from the long-awaited Industrial Strategy, to a national push on skills. One year ... Read more

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UK Tech News
Jessica Nangle @ UK Tech News 1 place · 06/30/2025 08:41 EDT

HCLTech unveils strategic collaboration with OpenAI

Global tech company HCLTech has announced a multi-year strategic collaboration with OpenAI to drive large-scale enterprise AI transformation. This collaborations aims to enable HCLTech’s clients to leverage OpenAI’s portfolio alongside HCLTech’s applied AI offerings for scaled generative AI deployment. Giancarlo ‘GC’ Lionetti, chief commercial officer at OpenAI, explores the reasoning behind the new partnership. “HCLTech’s ... Read more

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UK Tech News
Jessica Nangle @ UK Tech News · 06/30/2025 06:11 EDT

Main barriers for public sector digital transformation revealed

Despite AI and machine learning becoming top priorities for the public sector, digital literacy and leadership have emerged as major barriers for digital transformation according to new research by Granicus. The research, commissioned by the customer engagement and experience platform in partnership with Censuswide, gathered insight from public sector workers in central government, local government ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 1 place · 06/30/2025 05:14 EDT

Struggling crypto firm seeks restructuring to avoid ‘liquidation’

Argo Blockchain, a London-listed cryptocurrency mining company, has secured a loan to finance a restructuring that is “necessary to avoid an uncontrolled insolvency and liquidation”. The Bitcoin miner announced in its delayed 2024 financial results back in May that there was a “significant doubt” over its continued operations, with its shares briefly being suspended from ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 06/30/2025 04:37 EDT

Government seeks national grid upgrade to meet AI power demand

The government is exploring how it can improve the UK’s energy grid to meet the intensive power demands of the growing AI sector. First convened in April, the AI Energy Council is a joint effort from the Department for Energy Security and Net Zero and the Department for Science, Innovation and Technology, co-chaired by their ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 06/30/2025 04:00 EDT

Why UK cybersecurity has become so vulnerable

The state of cybersecurity in the UK has reached a chilling level of vulnerability as cyber criminals have become better than ever at exploiting weaknesses, according to an expert in the field. “The reality is, the bad guys are doing a better job than the good guys in terms of successfully infiltrating organisations, compromising users ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 1 place · 06/27/2025 10:29 EDT

Audit regulator publishes first-ever guidance on AI use

The Financial Reporting Council (FRC), an independent regulator responsible for auditors, accountants and actuaries, has released its first-ever guidance on the use of AI technology in financial audits. New AI tools are increasingly being used in audits, according to the FRC, obliging the group to establish best practices and avoid negative impacts. Numerous industries are ... Read more

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UK Tech News
UKTN @ UK Tech News 2 place · 06/27/2025 10:00 EDT

UK tech funding roundup: This week’s deals from Metaview to Elyndra

This week’s UK tech funding deals include AI hiring company Metaview, social care digital platform Elyndra and more. UKTN tracked £31.5m worth of UK tech investment this week (23 June to 27 June), a 22% week-on-week decrease across four funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Metaview – £25.5m Sector: AI ... Read more

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UK Tech News
UKTN @ UK Tech News 3 place · 06/27/2025 06:00 EDT

Quantum Metric founder: Plan for the worst

Mario Ciabarra is the founder and chief executive of Quantum Metric, a platform for firms to capture and analyse user behaviour. In this week’s Founder in Five Q&A, Ciabarra discusses why startups should never assume things will go according to plan, preventing staff burnout with a healthy dose of empathy and why business leaders should not ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 06/27/2025 05:06 EDT

Fintech app Tap Global begins trading on London’s AIM

Tap Global, a fintech offering multi-currency payment accounts that include cryptoassets, has listed publicly in London. Tap announced on Friday its shares have been admitted to London’s AIM market, with trading commencing as of 08:00 under the tickers TIDM and ISIN. The firm considers itself as a bridge between traditional and digital assets, with both ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 06/27/2025 04:58 EDT

Agtech group using data to support dairy farms raises £3m

Antler Bio, an agtech startup that has developed an advanced data analytics system for bovine health, has raised $4.3m (£3.1m) to scale its EpiHerd technology. Operating in key European dairy farming markets including the UK, Finland, Sweden and Demark, the company’s EpiHerd system can interpret how a cow’s genes respond to environmental conditions, detecting things ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 06/27/2025 03:00 EDT

Social care platform Elyndra scores £1.1m

Elyndra, the self-described “operating system for social care” has secured a £1.1m investment led by Outward VC. The company supplies care managers and frontline staff with AI tools to improve the quality and efficiency of care. Elyndra’s technology analyses relevant data and operational processes to provide insights on improvements. The startup has eyed a significant ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 06/26/2025 09:00 EDT

Services disrupted as cyber attack hits Glasgow Council

Glasgow City Council has been hit with a cyber attack that has disrupted services and compromised personal data as local authorities in Britain continue to be targeted by criminals. The council said that its IT supplier CGI discovered malicious activity on its servers, which are managed by a separate third-party supplier, last week. Glasgow City ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 06/26/2025 07:07 EDT

RWS snaps up IP behind AI translation startup Papercup

London-listed content solutions firm RWS has acquired the intellectual property of Papercup, an AI dubbing startup that raised £16m in 2022. Founded in 2017, Papercup developed a machine learning system to automatically translate audio content for media companies. The London-based firm’s technology combines voice synthesis and AI voice recognition with editorial tools for human language ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 06/26/2025 04:53 EDT

Sensata Technologies opens new R&D site in Northern Ireland

Sensata Technologies, a US-based industrial tech giant, has opened a new research and development facility in Northern Ireland in a major investment in the UK nation. The New York-listed industrial technology manufacturer’s latest facility, based in Newtonabbey just north of Belfast, will bring together 360 engineers in a single location. The Northern Ireland Technology Centre ... Read more

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20.12.2025 20:55
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