Legal tech startup Valla has secured a seed investment of £2m. The Edinburgh firm’s platform offers guidance on staff dealing with workplace disputes, including letter and document templates, tribunal claim assistance and a toolkit explaining the process. The Valla platform also offers coaching and access to webinars and other educational events. Employment tribunals can often ... Read more ›
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London-listed clothing vendor NEXT is bolstering its customer security processes through a new partnership with cloud communications platform Infobip as retailers in the UK and beyond face a barrage of cyber-attacks. NEXT will incorporate Infobip’s AI solution designed to target and combat artificially inflated traffic to prevent phishing attacks and attempted fraud. According to the ... Read more ›
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The new chief executive of the British Computer Society, the chartered institute for the IT industry, will make digital skills a “significant priority” during her tenure. Speaking exclusively to UKTN, Sharron Gunn, who was recently named the new permanent boss of the Royal Charter-backed group following the departure of Rob Deri, laid out her vision ... Read more ›
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ThreatSpike, an end-to-end cybersecurity provider, has raised $14m (£10.35m) in a Series A funding round that will see Darktrace co-founder Emily Orton join its board. Founded in 2011, Adam and Kate Blake, a former Deloitte and Accenture analyst and former Morgan Stanley IT associate respectively, ThreatSpike provides firms with a unified platform to replace fragmented ... Read more ›
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Two British military veterans have secured a $20m (£14.8m) investment led by Plural for their startup Labrys, used for managing teams operating in high-risk environments. Royal Marine veteran August Lersten and former army officer Luke Wattam founded Labrys in 2020, inspired by their frontline experience. The company aims to provide humanitarian organisations, defence forces, crisis ... Read more ›
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Treefera, a startup using AI to map supply chain conditions, has raised $30m (£22.2m) in a Series B round a year after raising £9m. Environmental volatility has added significant new difficulties in maintaining reliable supply chains. Treefera’s tech is implemented at the first mile, the point at which commodities and raw materials are first sourced. ... Read more ›
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London-based fintech group Zilch will launch its first-ever physical payment card in a new partnership with Visa. The provider of advertising-subsidised buy now, pay later services will work with Visa to develop new financial products as it looks to capture a greater share of customer wallet spend. Zilch, which recently surpassed five million customers, will ... Read more ›
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New research has revealed that, for the first time, the proportion of startups measuring their carbon footprint has fallen, declining from 28% in 2023 to 23% in 2024. ESG_VC and the BVCA analysed ESG data from 711 startups backed by leading venture capital firms. According to the data partners, the drop could be explained – ... Read more ›
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AI experts have called for the development of regulation to have a greater focus on the technology’s use by children, the demographic likely to be most affected by the technology over their lifetimes. New research published by the Alan Turing Institute has found that almost a quarter (22%) of children aged 8-12 are regularly using ... Read more ›
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This week’s podcast guest is Ed Bussey, CEO of Oxford Science Enterprises, who discusses why time is running out to solve British tech’s scaleup funding gap, why the potential for the UK tech industry is so much greater than its current performance and an out-there idea to improve the competitiveness of the London public markets. ... Read more ›
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Vodafone and Three have completed a merger to create ‘VodafoneThree’, the UK’s largest mobile provider serving almost 30 million customers. The new combined business is 51% owned by Vodafone and 49% by CK Hutchison Group Telecom Holdings, the parent company of Three. VodafoneThree will be run by Max Taylor, currently serving as the UK chief ... Read more ›
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Manchester-based investor Palatine has taken a majority stake in fulfilmentcrowd, a cloud-based logistics firm from Lancashire. Fulfilmentcrowd has developed a platform for omnichannel retailers to outsource their end-to-end logistics and fulfilment processes to. This includes the receiving of goods, packing, dispatching and delivery. “The fulfilmentcrowd platform enables ambitious omnichannel brands to simplify and scale their ... Read more ›
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The upcoming launch of PISCES, the new investment framework allowing intermittent share auctions from private companies, risks encouraging a culture of “FOMO investing”, warned Carrie Osman, head of PE advisory firm Cruxy. The Private Intermittent Securities and Capital Exchange System, also known as PISCES, is a new scheme aimed at encouraging capital investments in companies ... Read more ›
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Literal Labs, a logic-based AI algorithm company led by former Arm VP Noel Hurley has raised £4.6m in a pre-seed investment. The Newcastle-based startup is developing logic-based AI models that aim to be faster and more energy efficient than modern neural networks. The company was spun out of Newcastle University by AI researchers Dr Alex ... Read more ›
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Pre-tax profits surged in Monzo’s latest annual results as the London challenger bank reported major growth in its business-facing offerings. The group reported profit of £113.9m for the year, up more than eight times from the previous year’s £13.9m. Growth has come fast in the past 12 months for the fintech, which in April surpassed ... Read more ›
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The UK’s data regulator has announced plans to relocate its national headquarters to Manchester in what the city has described as a landmark move. The Information Commissioner’s Office (ICO) has agreed a lease for a 20,000 sq ft facility at No.3 Circle Square in Manchester’s city centre. The site is owned by Bruntwood SciTech, a ... Read more ›
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Monday.com has opened the doors of its new 80,000 sq ft European HQ in London, signalling confidence in the “local ecosystem”. The Nasdaq-listed software firm, with a market cap of almost $15bn, has almost doubled its headcount in the British capital and by June expects its total London workforce to surpass 300 staff. “Our London ... Read more ›
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Cyber security software company Trend Micro has launched of a UK-hosted instance of its Vision One platform, an enterprise-grade solution that monitors threats across endpoints, cloud, email, networks and identities. By hosting the platform in the UK, Trend Micro says that this will ensure that sensitive security data remains subject to national jurisdiction, building digital ... Read more ›
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This week’s UK tech funding deals include SaaS platform Stotles, 3D environment generating AI group SpAItial and more. UKTN tracked £51.75m worth of UK tech investment this week (26 May to 30 May), a 48% week-on-week decrease across eight funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Stotles – £9.7m Sector: SaaS ... Read more ›
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When it comes to investment in startups and innovative early-stage companies, the UK has a self-sufficiency issue. Over the last decade, a shortage of funding from domestic investors – particularly for innovative tech companies at the mid to late stages – has forced many to seek overseas financial support to sustain growth. This decline in ... Read more ›
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21.12.2025 11:54
Last update: 11:45 EDT.
News rating updated: 18:41.
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