Ankar, a startup using AI agents to help inventors secure patents for new intellectual property, has secured a £3m seed investment. The company’s AI platform, trained on scientific and legal data, is designed to speed up the process of registering new technologies. With the platform, inventors can submit their proposal and the system can identify ... Read more ›
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Business Growth Fund (BGF), one of the UK’s largest growth capital investment groups, has committed £500m of funding to early-stage companies in life sciences and deep tech as part of its five-year, £3bn strategy. The group, which manages assets valued by Dealroom at $3.3bn, is among the most prominent backers of tech startups in Britain, ... Read more ›
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A coalition of fintech companies launched by Zopa and ClearScore in 2022 to collectively tackle the cost of living crisis has completed its pledge to drive improvements to financial resilience. The 2025 Fintech Pledge, featuring a coalition of 57 companies including Plum, Octopus Money and Salesforce, was created to address the period of rapidly rising ... Read more ›
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For many tech founders, equity has long been the default fuel for growth. But funding models evolve, just like the innovative businesses they support. Today, more founders are exploring non-dilutive alternatives for growth. Debt, once seen as too rigid or too risky for high-growth tech, is being reimagined. Most tech businesses do not follow traditional ... Read more ›
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Jersey Telecom’s multi-million pound investment in a next-gen mobile network, powered by Ericsson, has entered its final phase as the first sites go live with a new 5G network. Following months of trials and optimisation testing, Jersey Telecom successfully migrated the old network on sites within Area One in St Ouen and transitioned to the ... Read more ›
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The deadline for US semiconductor group Qualcomm to make a firm acquisition offer for London-listed Alphawave has been extended for the third time as talks continue. Alphawave announced on Tuesday that the previously agreed deadline for Qualcomm to formally either submit an offer or withdraw from the deal had been extended to 2 June. This ... Read more ›
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The British AI sector will work more closely with Europe as part of a new collaborative scheme to give research teams in the UK access to international compute power. The Department for Science, Innovation and Technology (DSIT) has invited organisations to apply to host the AI Factory Antenna, a facility that would link researchers to ... Read more ›
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This week’s podcast guest is Virraj Jatania, co-founder and chief executive of Pockit, who discusses how the culture of financial services has changed since the 2008 crisis, why mergers and acquisitions have become an attractive option for fintechs and the trouble with push payment fraud regulations. Pockit is a London-based fintech that acts as a ... Read more ›
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A newly-launched platform aimed at simplifying global digital health services has announced the first appointee onto its advisory board. Dominic James, the former global head of digital health innovation at US headquartered pharmaceutical multi-national Merck, is to take up the role with new healthtech platform, Daiser. Launched in 2024, Daiser is an AI-native, modular digital ... Read more ›
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The University of Exeter has been selected to host a new advanced research hub backed by £19.6m of public and private investment. MetaHub is a new facility for the development of advanced materials that will be used as parts for next-generation computers, medical sensors and other microscopically designed components. The site is focused on nanoscale ... Read more ›
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This week’s UK tech funding deals include subscription-based pet food brand Butternut Box, synthetic fuel developer Rivan and more. UKTN tracked £99.8m worth of UK tech investment this week (19 May to 23 May), a 57% week-on-week decrease across nine funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Butternut Box – ... Read more ›
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As more and more firms integrate artificial intelligence into their processes, there has been a growing temptation for companies to reduce headcounts in favour of automation. Fintech unicorn Klarna last year announced it would be eliminating over 1,000 roles, transferring responsibility of their duties to bots. Popular language learning platform Duolingo similarly declared much of ... Read more ›
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Sention Technologies, a startup developing ultrasonic scanning for battery diagnostics, has secured a seed investment of £3.7m. The London-based firm’s proprietary scanning technology effectively allows users to look inside batteries by generating 3D images of the internal structure of the cells. Sention then predicts cell health and forecasts degradation and critical issues and provides insights ... Read more ›
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Aron Gelbard is the founder of Bloom & Wild, an online flower delivery service based in London. In this week’s Founder in Five Q&A, Gelbard talks early regrets when he first started his business, being critical with how you spend your time and the motivating power of authenticity. What one thing do you wish you’d done ... Read more ›
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The British Business Bank has committed £40m to an investment fund targeting firms in the Midlands and the north of England. The Evolution Fund from Birmingham-based Frontier Development Capital is an £81.5m vehicle that will provide debt financing ranging from £1m to £8m to established SMEs with proven growth potential. The British Business Bank previously ... Read more ›
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Sharron Gunn has been named as the new chief executive of the British Computer Socitey, the UK’s chartered institute for IT. Gunn will take over from interim chief executive Rob Deri, having already worked with the group since February. She previously held leadership roles at the Institute of Chartered Accountants in England and Wales, where ... Read more ›
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Autonomous driving software group Oxa will rollout its technology via a partnership with electric vehicle manufacturer Bradshaw EV. The collaboration will see Google-backed Oxa’s autonomous software integrated with Bradshaw’s line of EVs that will be deployed across a variety of industrial use cases. The integration of Oxa’s software will initially be in two key platforms ... Read more ›
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The University of Salford is collaborating with Greater Manchester-based charity, Oldham Personal Advocacy Limited (OPAL), on a two-year knowledge transfer partnership aimed at driving digital transformation within the organisation. With the help of university researchers and Innovate UK, the vision of the partnership is to develop and embed a digital transformation management system to improve ... Read more ›
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London-based fintech group Quant has launched a programmable money language in what it claims is an industry-first for banking and finance. Called Quant Flow, the programmable currency infrastructure was developed in response to market demands for smarter money, particularly amid competition from digital assets including stablecoins and CBDCs. The new tool will allow banks to ... Read more ›
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Global private investment firm Bain Capital has launched a hyperscale provider, hscale, to expand its digital infrastructure footprint across the EMEA region. The new launch is looking to develop replicable and scalable digital infrastructure across the region that is bespoke to hyperscale customers’ evolving requirements. The leadership team of hscale includes chief executive Oliver Schiebel, ... Read more ›
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21.12.2025 13:40
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