This week’s UK tech funding deals include AI material discovery company CuspAI, biomaterial developer Ponda and more. UKTN tracked £565.3m worth of UK tech investment this week (20 July to 24 July), a more than 400% week-on-week increase across 11 funding rounds. Here’s your weekly roundup of UK tech startup funding deals. CuspAI – £334m ... Read more ›
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Starling Group’s SaaS business Engine by Starling has opened its new London headquarters, which will be home to more than 300 engineering, delivery and client services experts following its latest hiring spree. Engine previously shared the Starling Group’s HQ at the Fruit and Wool Exchange in Spitalfields, where the company acquired more space in November ... Read more ›
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Bournemouth-based Ace High Sports has secured £600,000 to support its creation of video games for sports and playing card fans. The round is made up of £300,000 in equity funding from the British Business Bank’s South West Investment Fund via appointed fund manager The FSE Group, plus participation from private investors and grant funding from ... Read more ›
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Sheffield-based startup Future Greens, which builds bioreactors to convert unavoidable food and brewery waste into heat and power, has secured £500,000 in investment. The combination of £340,000 equity and a £160,000 government grant will be used to develop the company’s proprietary tenfold improvement to anaerobic digestion technology for its brewery customers. The funding will also ... Read more ›
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Technology Secretary Liz Kendall has announced the launch of the Women in Tech Taskforce to champion diversity in the UK tech sector and boost economic growth. With research showing women leaving tech leads to estimated loss of up to £3.5B every year, the taskforce will aim to ‘break down barriers’ that hold women back from ... Read more ›
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UK scale-ups are gearing up for a sharp rise in artificial intelligence investment, with new research showing UK businesses plan to increase AI spending by an average of 40% over the next two years. What was once enterprise-only technology, is becoming a central part of how scaling companies operate, compete and plan for the future. ... Read more ›
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London-based e-bike rental startup Forest has announced Octopus Energy as the official energy partner for its fleet of vehicles. From the month of December, Octopus Energy will provide zero-carbon electricity to the 20,000 Forest bikes across London, in line with the mobility firm’s goal of establishing a clean transport network in the UK capital. “Sustainability ... Read more ›
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The UK government has unveiled plans to bring in “firm and proportionate rules” governing cryptoassets to encourage both safety and growth. The new rules, which are expected to come into force from 2027, are an attempt from the Treasury to establish a comprehensive regulatory regime for cryptoassets and provide a sense of legal clarity, something ... Read more ›
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IVFmicro, a spinout company from the University of Leeds developing technology to improve the success rate of IVF treatments, has raised £3.5m. Founded in 2024, IVFmicro aims to make the medical practice more reliable by enhancing the quality and number of embryos included in an IVF cycle. Currently IVF treatment only results in a successful ... Read more ›
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The British Armed Forces have agreed to develop a new undergraduate degree in autonomous systems in partnership with the New Model Institute for Technology and Engineering (NMITE). The Hereford-based university will begin welcoming students to the new degree in September 2026. The programme has been launched in cooperation with the military to respond to international ... Read more ›
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Cambridge spinout PolyAI has raised $86m (£64.3m) in a Series D funding round that has included backing from the British Business Bank. The UK-founded firm has developed advanced AI voice agents that can mimic human conversation to handle complex customer service calls. The firm’s tech has been deployed by major brands including Volkswagen, FedEx and ... Read more ›
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Early-stage investment vehicle and angel network the British Design Fund (BDF) has secured a £5m commitment from The British Business Bank through its Regional Angels Programme. Managed by Sapphire Capital Partners, BDF was launched to support UK-based startups with a focus on the design and manufacturing of physical products. The fund has been supported by the ... Read more ›
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This week’s UK tech funding deals include quantum computing group Nu Quantum, embedded finance fintech CapRelease and more. UKTN tracked £123.55m worth of UK tech investment this week (8 December to 12 December), a 45% week-on-week increase across eight funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Nu Quantum – £45m ... Read more ›
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Matta, an industrial AI startup offering data insights to factories, has secured a $14m (£10.5m) seed funding round. Founded with a mission to build “sentient factories”, Matta’s AI technology provides factories with insights on production lines and can spot defects and their trace routes to help fix issues before they become overly costly. Matta described ... Read more ›
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Danae Shell is the founder and chief executive officer of Valla, an Edinburgh-based AI platform that offers legal guidance and support. In this week’s Founder in Five Q&A, Shell discusses nightmare pitches and the motivating power of believing in your mission. What’s your worst pitching experience? My very first pitch for Valla was a disaster. In ... Read more ›
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The UK and Canada have agreed to ramp up AI adoption among SMEs, strengthen tech ties and collaborate on semiconductor research. At a G7 meeting in Canada the UK agreed to launch a joint semiconductor research network that will bring together experts from both countries to develop smarter and more energy-efficient chips. The network has ... Read more ›
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A recent surge in entrants for this year’s Greater Manchester Tech Climbers showcase has revealed the global scale of ambition among the region’s startups. Tech Climbers revealed its latest shortlist of the best performing product-led tech businesses in Greater Manchester this week in a year that has seen the number of new entrants skyrocket. Almost ... Read more ›
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University of Cambridge spinout Kodiaq Technologies has secured an £850,000 investment in support of its metal-free energy storage product. The firm has developed proprietary organic electrolyte technology to increase energy density and therefore enhance storage capacity. It claims its technology will enhance the performance of flow batteries with a significant reduction in the investment cost ... Read more ›
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London-based fintech CapRelease has completed a $36m (£27m) funding round to accelerate its growth in the embedded finance market. Founded in 2023, CapRelease provides flexible capital to ecommerce retailers across all sectors. Rather than basing its loans on credit scores, the platform uses real time data from logistics partners, sales performance, payment systems and consumer ... Read more ›
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Zilch has secured a new payments services licence that will allow it to develop in-house payment methods ahead of a major product launch. The firm said that the licence, granted by the Financial Conduct Authority (FCA), will remove its reliance on third-parties when building payment methods and new products. The licence has been secured ahead ... Read more ›
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Uber Eats has launched its new autonomous delivery robots in Leeds in partnership with Starship Technologies. The firms announced last month that they would be bringing robotic couriers to select UK locations this year, with the West Yorkshire city being the first. “It’s brilliant to see autonomous innovation supporting one of our busiest times of ... Read more ›
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29.07.2026 14:35
Last update: 14:25 EDT.
News rating updated: 21:20.
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