Andriy Dovbenko is the founder and principal of UK-Ukraine TechExchange, an organisation conceived in 2023 to build important bridges between the UK and Ukrainian tech ecosystems. The non-profit organisation connects start-ups operating in defence and agricultural sectors with capital and individuals who can get technologies to market faster via in-field testing. It has an extensive ... Read more ›
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Web3-focused accelerator group Outlier Ventures has partnered with blockchain company Midnight Foundation to launch a new programme to advance the adoption of privacy-enhancing technologies. Privacy-enhancing technologies (PETs) are a type of cryptographic technique that allows the sharing and processing of data without exposing sensitive information. The accelerator will focus on applications of the technology in ... Read more ›
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Applied Computing, a startup that has developed a foundational AI model for the energy sector, has closed a £9m seed round led by Deliveroo investor Stride.VC. Founded in 2023, Applied Computing has developed Orbital, an AI management platform for firms in oil, gas and petrochemicals. Trained on data from downstream energy facilities, Orbital works to ... Read more ›
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Darren Hardman, chief executive of Microsoft UK and speaker at this year’s London Tech Week, discusses how Britain is faring in the global tech market and what the future hold’s for the country’s AI ambitions. How do the world’s largest tech companies view the UK as a market? The UK stands out as one of ... Read more ›
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Velocity, a new fintech startup from Volt.io co-founder Tom Greenwood has emerged from stealth with a $10m (£7.4m) pre-seed funding round. Velocity aims to bridge the gap for businesses between traditional and digital assets with a platform to manage transactions made with both fiat currency and stablecoins. The Velocity stablecoin payment account will allow businesses ... Read more ›
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Game-changing advertising competition, TV Stars 2025, created by All Response Media, has announced that Wype, a trailblazing bottom care brand, has secured the coveted prize of £50,000 a fully funded TV advertising campaign. In January, 60 of the UK’s most innovative startups entered the 2025 edition of TV Star, in a bid to win a ... Read more ›
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Science and technology have been heavily positioned as economic drivers in the government’s strategy of growth at all costs. In that spirit, top line politicians such as Chancellor Rachel Reeves and Science Minister Lord Vallance have been calling for the creation of “Europe’s Silicon Valley”, echoing the platitudes of Reeve’s predecessor Jeremy Hunt. As part ... Read more ›
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Amid ongoing public sector reform, Keir Starmer’s Labour government must turn AI dialogue into tangible progress. With a renewed focus on innovation and the launch of Matt Clifford’s AI Opportunities Action Plan, the stage is set for a meaningful digital transformation. One of the most promising developments is agentic AI, a new generation of systems that go ... Read more ›
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NavLive, a startup developing AI scanning devices for architects, property developers and construction firms, has secured £4m in funding. Developed by academics in robotics research at the University of Oxford, NavLive’s handheld device can scan buildings and generate precise site drawings. The company said property firms can instantly draw up 2D and 3D building models, ... Read more ›
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London Collective Investment Vehicle (CIV) has become the first local government pension scheme pool to back a new initiative aimed at increasing funding for early-stage startups. London CIV, which manages the local government pensions for the 32 boroughs of London and the City, has agreed to work with the British Business Bank on the launch ... Read more ›
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London-listed customer feedback platform Trustpilot removed 4.5 million fake reviews last year after introducing generative AI into its platform. Fake reviews have long been a source of frustration from the company as businesses flood the platform with false feedback. Tackling the issue has been a top priority at the company and in 2024, doubling down ... Read more ›
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A leading AI research institute has criticised the government for pressing ahead with a mass facial recognition rollout without adequate regulation in place. The UK has been trialling facial recognition technology for law enforcement for several years, with almost 800,000 people having already had their faces scanned by the Metropolitan Police since 2020. This summer ... Read more ›
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OpenPayd, a global payments and banking platform, has launched its stablecoin infrastructure to enable businesses to move and manage digital assets through one platform. The platform connects local and international fiat rails to all major blockchains, enabling businesses to view, hold, make and receive payments across any digital currency and any rail globally. With this ... Read more ›
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UK payments technology provider Dojo has secured an investment of $190m (£141m) from Vitruvian Partners, a global growth investment firm. The funds enable Dojo to significantly accelerate the company’s growth in the UK and expansion across European markets. Since its launch in 2021, Dojo’s mission has been to reinvent the payments landscape to grow in-person ... Read more ›
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Authorised push payment (APP) fraud declined in 2024 following regulatory and industry interventions. Total fraud rates, however, remain largely unchanged as scammers look to other avenues according to new research. In the annual fraud report from UK Finance it was revealed that APP, a form of fraud in which someone is tricked into approving a ... Read more ›
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New research has revealed that more than 60% of UK IT tech leaders now feel that the government’s use of US cloud services exposes the country’s digital economy to significant risks, damages its domestic industry and threatens data security. The survey, compiled by cloud computing firm Civo, received responses from over 1,000 UK-based IT leaders ... Read more ›
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The value of UK health tech startups at the end of 2024 reached £32bn, according to new research. Startups in the sector pulled in a combined £27.4bn in funding, with the average amount raised per company being £9.6m, as revealed by research from Beauhurst and the Startup Coalition. The HealthTech Index from the Startup Coalition ... Read more ›
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Nottingham City Council has enrolled 40 staff into a new AI Academy in an effort to upskill its workforce with the expertise needed to deliver on an ambitious improvement plan for the city. The programmes are being funded primarily by an apprenticeship levy transfer from financial services provider Capital One, in partnership with car rental ... Read more ›
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Fabless chipmaker EnSilica has established a new engineering hub in Cambridge, expanding its design capabilities in promising semiconductor areas. The firm’s new Cambridge facility will allow the company to expand its existing mmWave and RF integrated circuit teams. The technology, used primarily in telecoms and data transfers, is a key area of growth for EnSilica, ... Read more ›
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Ad Signal, a York-based provider of software tools for media companies to manage their content, has raised £3m. Founded in 2018, Ad Signal has built a suite of products for broadcasters, advertisers and post-production houses to keep track of content. With the software platform, businesses can organise their media libraries, remove unnecessary duplicates and track ... Read more ›
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21.12.2025 11:55
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