The British Business Bank will focus its investment efforts on higher risk tech scaleup deals following its mandate to encourage economic growth. The group unveiled a new five-year strategy on Monday in line with instructions from the government, as well as a sizeable funding increase, to grow the economy and reform how small businesses access ... Read more ›
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A new £10m investment fund that aims to be Europe’s answer to Y Combinator has been launched by London-based group Onstage. Known for its Demo Day events that regularly pull in thousands of startups from Europe and put them in contact with top funds from Europe and the US, Onstage believes it is well positioned ... Read more ›
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London-based fintech Revolut has been valued at $75bn (£57.3bn) following the completion of a share sale. The new valuation further solidifies the company’s existing position as the most valuable private tech firm in Europe. The share sale included the option for current staff to sell their shares as part of the transaction, marking the fifth ... Read more ›
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London-based fintech Zilch has entered into a multi-year partnership with Premier League team Arsenal FC that has made it the “official way to pay” at the club. Through the partnership, Zilch will offer various flexible payment options to supporters of the North London club and will include benefits and special offers for fans. “We are ... Read more ›
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This week’s UK tech funding deals include biotech research group Artios, pharmaceutical management software company PolyModels Hub and more. UKTN tracked £130.56m worth of UK tech investment this week (17 November to 21 November), a 22% week-on-week decrease across six funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Artios – £87m ... Read more ›
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Sencillo, a fintech platform that aims to help parents plan, fund and manage the expenses associated with their children’s education, has secured a £350,000 investment. The company cited figures putting the average spending of parents for their children’s education at between £3,600 and £15,000 a year, rising significantly when it comes to independent schooling and ... Read more ›
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Sam McBride is the founder of Ani, an AI-powered investment analyst platform. A former employee of the finance industry, McBride left to learn coding and eventually found herself launching the fintech company. In this week’s Founder in Five Q&A, McBride discusses her journey from hedge funds to coding, why self-awareness is a critical quality for a ... Read more ›
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The UK Space Agency is investing £6.9m in a series of satellite technology projects to “secure Britain’s place as a European space leader”. The new investment will support five projects through the European Space Agency’s Advanced Research in Telecommunications Systems programme. These UK-led projects include refuelling technology to extend the lifespans of satellites and a ... Read more ›
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The government has announced a raft of new reforms to its AI policy, backed by major investments, to shore up the UK’s place in the sector ahead of the Autumn Budget. First customer Among these is a “first customer” policy wherein the government will act as a first customer for promising British startups developing AI ... Read more ›
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PolyModels Hub, a London-based startup developing software for the pharmaceutical industry has closed a £7m Series A round a year after raising its seed. Founded in 2023, PolyModels Hub has created ModelFlow, a digital platform that brings together advanced modeling, simulation and workflow management for researchers to design, test and define biopharma manufacturing processes. Having ... Read more ›
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As the global pressure to meaningfully address systemic issues causing climate change mounts, the tech industry presents a complex duality. While technological innovation is seen by many as our best hope at both mitigating the impact of manmade climate change and fighting to reverse it, the industry itself acts as a major strain on global ... Read more ›
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Uber Eats will be rolling out an autonomous delivery service in the UK later this year through a partnership with robotics firm Starship Technologies. Known for its delivery bots, Starship, founded by one of the original Skype developers Ahti Heinla, will work with the takeaway delivery service to provide autonomous robots. Uber Eats said it ... Read more ›
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Vyntelligence, a London-based firm specialising in “agentic video intelligence” technology has secured a $30m (£23m) Series B investment to support its expansion in the US. Working with clients across utilities, telecoms and retail, the Vyntelligence platform analyses videos captured by users in the field to provide fast support regarding on-site issues. The Vyntelligence platform also ... Read more ›
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The British Business Bank has announced that Aegon UK, NatWest Cushon and M&G are the partners for the first £200m close of its new Growth Partnership Fund I. Having completed their investment diligence, the parties are now finalising terms and structuring ahead of the bank’s first close, which it hopes to secure by the end ... Read more ›
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Premier League side West Ham United have announced a new collaboration with AWS and software group Crayon to develop an AI-powered scouting platform. The three parties hope to create a new standard in identifying footballing talent, which has become heavily reliant on data. West Ham has cultivated a reputation for its football academy, which has ... Read more ›
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Foreign-born founders are behind over half (54%) of the UK’s top 100 fastest-growing companies, according to new analysis from The Entrepreneurs Network. According to research, the representation of foreign-born founders and co-founders is the highest figure since The Entrepreneurs Network started tracking the metric in 2019. This is despite immigrants making up just 15% of ... Read more ›
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Cambridge-based deep tech group Nu Quantum has expanded its leadership team with the appointment of Richard Moulds, a former senior employee of Amazon that developed the tech giant’s quantum service. Moulds will join the strategic advisory board of Nu Quantum, having previously spearheaded the launch of Amazon Braket, a fully managed quantum computing service that ... Read more ›
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Emm, a biowearable tech startup based in Bristol, has raised $9m (£6.8m) in a seed funding round to bring its “smart menstrual cup” product to market. Described by the firm as the first product of its kind, Emm is developing a sanitary product connected to an app that can help users track key metrics and ... Read more ›
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Cybersecurity is the defining boardroom issue of the next five years. Founders and investors need to treat data risk like cashflow risk – measure it, insure it, and govern it at board level. As companies increasingly digitise, every line of code becomes a target. Where the biggest threat was once espionage, it is now large-scale ... Read more ›
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Dost, an AI-powered financial automation platform founded in Barcelona, has launched in the UK following a £6m Series A round led by London-based Octopus Ventures. The fintech, which automates financial document processing and supplier management for mid-market enterprises, has successfully completed a pilot phase working with UK enterprise customers across manufacturing, construction, logistics, and automotive ... Read more ›
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13.06.2026 06:56
Last update: 06:51 EDT.
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