Fintech group GoCardless has recorded its first quarter of profit, having operated in the black for the last three months of the financial year. The company has not disclosed the specific unaudited figure, however, it will release the figures as part of its complete accounts for FY25, due to be released no later than March ... Read more âș
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Sees.ai, a startup based in Chichester developing autonomous aerial solutions, has raised ÂŁ3.65m, UKTN can exclusively reveal. Backed by Boeing, Sees.aiâs technology is used for flight control, collision avoidance, autonomous take-offs and general vehicle and safety management. Founded in 2018, Sees.ai was the first company in the UK to secure authorisation from the Civil Aviation Authority (CAA) ... Read more âș
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Existing regulation against scams will struggle to keep pace with bad actors in the AI age, the UKâs financial regulator has been warned as it prosecutes a host of âfinfluencersâ. Several individuals will appear at Southwark Crown Court this week facing charges of illegally promoting dangerous investments on social media from the Financial Conduct Authority ... Read more âș
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Keir Starmerâs announcement of an NHS âonline hospitalâ, designed to connect patients with specialist clinicians to deliver 8.5 million extra appointments in its first three years, is a promising step forward in the NHSâs digital transformation journey.⯠The proposal builds on the governmentâs 10 year plan to make the NHS the most âAI enabled health system in ... Read more âș
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Logistics tech platform Beacon is reimagining the global logistics stack to make it smarter, simpler and more connected. CEO Fraser Robinson used the principles he learnt as head of Uberâs EMEA business to create a digital-first business in an industry that is traditionally slow to adopt new technologies. This ambition to replace outdated tools with ... Read more âș
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Munro, a Glasgow-based manufacturer of electric four-by-four vehicles, has secured an investment of ÂŁ2m to accelerate production of its M-Series cars. Founded in 2019, Munro was launched to apply the electrification trend seen in passenger vehicles to commercial all-terrain vehicles. While passenger EV sales have risen greatly, the company notes commercial vehicles used in sectors ... Read more âș
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Owlstone Medical, a health tech company from Cambridge that has developed a breath-based early diagnostics device for cancer, has been awarded a research prize of up to $49.1m (ÂŁ36.5m). The funding has been awarded by the Advanced Research Projects Agency for Health, an agency within the US governmentâs Department of Health, for the companyâs Platform ... Read more âș
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This weekâs podcast guest is Christoph Lippuner, co-founder and chief executive of Semble, who discuses why healthcare professionals are far too often victims of extreme burnout, why that is a problem for everyone and the challenges he faced raising money for his business. Semble provides management software for healthcare providers. The platform helps clinicians and ... Read more âș
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The James Hutton Institute has received a ÂŁ3m investment from Scottish Enterprise for its new high throughput phenotyping facility thatâs part of the Advanced Plant Growth Centre (APGC) in Invergowrie, Scotland. The facility is part of a suite combining advanced phenotyping, automation, AI-driven analytics and a high-performance computing cluster that supports research and industry collaboration. ... Read more âș
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YFM Equity Partners (YFM) has appointed Neil Inskip as head of new investments for the North across their Manchester, Leeds and Birmingham offices to strengthen its regional leadership team. Inskip will oversee YFMâs new investment activities across the North, supporting the regional teams and sitting on its investment committee. With nearly 20 years of private ... Read more âș
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Local areas across the UK can now bid for support of up to ÂŁ20m in government funding to grow existing regional science and tech expertise. Funding body UK Research and Innovation (UKRI) is inviting local and regional partnerships to bid for the government funding to support research and innovation projects in their area through the ... Read more âș
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Consumer group Which? has launched legal action against tech giant Qualcomm accusing the US chip firm of anti-competitive behaviour. The case will be held in the Competition Appeal Tribunal on Monday and is expected to last five weeks. Which? has alleged that Apple and Samsung, two major customers of the company, were forced to pay ... Read more âș
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Payments and banking platform OpenPayd has appointed Yasemin Swanson as the firms new chief operations officer (COO). Swanson will be responsible for scaling OpenPaydâs operational infrastructure as it looks to expand globally and secure additional regulatory milestones. The new OpenPayd executive joins the company from clearing and embedded banking company ClearBank, worth around $1bn, where ... Read more âș
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This weekâs UK tech funding deals include, for the second week in a row, AI infrastructure company Nscale as well as sustainable aviation fuel group OXCCU and more. UKTN tracked ÂŁ388.7m worth of UK tech investment this week (29 September to 3 October), a 59% week-on-week decrease across six funding rounds. Hereâs your weekly roundup ... Read more âș
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The UK-registered arm of tech giant Google cut almost 400 jobs between December 2023 and 2024, as revealed in the firmâs latest accounts. In the groupâs financial statements for the year ended December 2024, it was revealed that average headcount at Google UK fell from 7,422 to 7,029, a decrease of 393, first reported by City ... Read more âș
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Bilal Hussain is the co-founder and chief executive of Artio, an insurtech startup offering services to the carbon offset market. In this weekâs Founder in Five Q&A, Hussain discusses why small, incremental changes make all the difference, the importance of valuing yourself and your contributions and not being afraid to reach out to people. Which role ... Read more âș
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The UK tech industry was the second best-funded in the world in the first nine months of 2025, ahead of the US, China, India and Germany, according to Tracxn data. Research from Tracxn found that UK tech companies collectively raised $12bn (ÂŁ8.9bn) in the first nine months of the year, an 8% increase from the ... Read more âș
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HartBeat Ventures, an investment fund founded by actor and comedian Kevin Hart, has co-led a ÂŁ26m investment in London-based health and fitness app Simple Life. Founded in 2019, Simple Life was launched to offer practical weight loss support as a response to the numerous fad diets and unreasonable expectations presented by social media influencers. The ... Read more âș
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eBay has launched a ÂŁ3m programme developed in collaboration with OpenAI to expand the skillset of small UK businesses with access to the latest custom AI productivity tools and training. The AI Activate programme is open to all businesses that sell on eBay, with up to 10,000 to be onboarded this year. Its value includes ... Read more âș
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At a time when almost every business is facing pressure to adopt AI technologies, knowing if it is actually the right move and how to go about it is a real challenge. While the term AI is thrown around excessively, it is important to recognise that it refers to a vast and diverse array of ... Read more âș
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13.05.2026 15:41
Last update: 15:35 EDT.
News rating updated: 22:30.
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