This week’s UK tech funding deals include record-breaking quantum computing group Oxford Quantum Circuits, Newcastle spinout Gnosis Health and more. UKTN tracked £480.1m worth of UK tech investment this week (1 June to 5 June), a 367% week-on-week increase across 12 funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Oxford Quantum ... Read more ›
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The government will be scrapping ‘pointless paperwork’ and speeding up planning to save businesses nearly £6bn per year and deliver on the prime minister’s 25% admin reduction target. The crackdown on paperwork will see over 100,000 firms qualify for simpler corporate reporting rules, freeing up businesses to focus on growth. Examples of businesses the change ... Read more ›
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The British Business Bank’s South West Investment Fund has driven almost £100m of investment into new and growing businesses across the region. Launched in 2023, the £200m fund is increasing the supply and diversity of early-stage finance for smaller businesses across the whole of the South West, offering loans from £25,000 up to equity investment ... Read more ›
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The UK fintech industry needs the government to “get behind” it to unlock the “full power of the sector”, according to Innovate Finance chief executive Janine Hirt (pictured). Speaking at the organisation’s Fintech as a Force for Good event, Hirt lauded the achievements of the industry, describing it as a tool to support “inclusion and ... Read more ›
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World-leading innovation, more new homes and better outcomes for patients are the targets for a new blueprint for AI regulation being announced by the UK government. At today’s Times Tech Summit, technology secretary Liz Kendall will unveil plans to look at how companies and innovators can test new AI products in real-world conditions, with some ... Read more ›
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This week’s podcast guest is Fi Sellick, head of UK strategy at Square, who discusses how macroeconomic challenges impact small businesses as well as their payment providers, how Square is implementing AI across different markets and cryptocurrency’s role in democratising finance. Square is a contactless payment system for businesses co-founded by Twitter creator Jack Dorsey. ... Read more ›
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Cyclana Bio has closed its £5m pre-seed funding round to develop its platform and functional disease models that are dedicated to revolutionising women’s health through tissue level therapeutics – with endometriosis treatment discovery first in line. Endometriosis is a chronic and debilitating lifelong condition that affects one in ten women worldwide. Despite its prevalence, the ... Read more ›
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The widespread Amazon Web Services (AWS) outage which shut down the digital services dozens of major organisations has highlighted the danger of the UK’s reliance on a handful of major cloud providers, a legal expert has warned. Services from firms including Wise, Halifax and Lloyds as well as government organisations such as HMRC, were massively ... Read more ›
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The planned merger between Shutterstock and Getty Images presents a “substantial” risk to competition according to UK regulators, prompting an in-depth investigation. The Competition and Markets Authority (CMA) opened the initial investigation phase in August after determining there was sufficient risk that the merger of the two firms would harm competition in the stock image ... Read more ›
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Ministers from the UK and Sweden have pledged to push new innovations into the hands of consumers quicker and share best practices by joining forces on key research areas like AI, fusion energy and advanced connectivity. The promise was made as part of Sweden’s Research Minister Maria Nilsson’s visit to London. Nilsson and UK Science ... Read more ›
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The number of new technology incorporations in the UK has risen to a record high for the second quarter in a row, according to new analysis. There was a total of 15,470 new tech companies founded in the UK in the third quarter of 2025. This marks a 36% surge from the same period last ... Read more ›
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Greater Manchester, West Midlands and the Glasgow City region have been awarded an extra £20m each by the UK government to accelerate the science and tech-focused efforts of the regions. Science and Technology Secretary Liz Kendall made the funding announcement ahead of the Regional Investment Summit in Birmingham later this week. The new funding for ... Read more ›
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CoMind, a London-based health tech company that has developed a new approach to scanning brain activity, has secured more than $100m (£75m) in a Series A round led by Plural. Led by James Dacombe, who founded the company aged just 17-years-old, CoMind offers an alternative to what it describes as the risky, expensive and highly ... Read more ›
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This week’s UK tech funding deals include robotics firm Dexory, AI agtech group Wild Bioscience and more. UKTN tracked £201.3m worth of UK tech investment this week (13 October to 17 October), a 65% week-on-week increase across eight funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Dexory – £123m Sector: Robotics HQ: London ... Read more ›
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The government has been accused of “leaving the public exposed” to a misinformation crisis by rejecting the recommendations of a select committee. Full Fact, a prominent independent fact checking charity, has criticised the government’s response to the recommendations of how to tackle the troubling issue of online misinformation published by the Science, Technology, and Innovation ... Read more ›
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Doni Hoti is the co-founder and chief executive of Adclear, a group which works with fintechs to ensure they are meeting compliance requirements. In this week’s Founder in Five Q&A, Hoti discusses remembering that while founding and running a company is difficult, it can also be fun, making a team feel interconnected and focussing on speed ... Read more ›
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The chancellor has launched a new “concierge” service that aims to encourage international finance firms to find promising investments in UK businesses. Described by the Treasury as a “one-stop shop” for global finance firms interested in the UK, the concierge service, which sits within the Office for Investment, will help these companies pick locations, navigate ... Read more ›
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Kanishka Narayan, the UK’s minister for AI and online safety, hailed the contributions of US tech firms to the British economy at the opening of a surgical robotics training centre owned by American firm Intuitive. Speaking to UKTN, Narayan, who attended the opening of Intuitive’s new UK headquarters in Reading on Thursday, said the launch was ... Read more ›
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Now that the modern AI market has had a few years to mature, insights into how the technology is being used and how consumers are responding to it are finally able to move beyond speculation. While the array of AI tools, products and services being offered across almost every sector still retains an element of ... Read more ›
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In partnership with Birmingham Tech Week. The West Midlands has always been a region of makers and problem-solvers. Today, that trend is being driven by developers and engineers who are reshaping the ways in which businesses scale and operate. From startups to well established enterprises, disciplines such as JavaScript and DevOps are enabling faster innovation, ... Read more ›
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US data and AI unicorn Databricks has announced plans to train 100,000 people in the UK over the next three years in generative AI and associated skills. There has been a push in the country to rapidly increase the supply of workers trained in AI and data, seen by the government as key to fulfilling ... Read more ›
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13.06.2026 18:04
Last update: 17:50 EDT.
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