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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University of Oxford spinout Wild Bioscience has raised $60m (£44.65m) in a Series A funding round for its AI crop breeding technology. The startup specialises in crop genetics, having developed an AI-powered approach to improving the productivity, resilience and sustainability of agricultural produce. The firm’s internal platform can identify promising genetic improvements from different species ... Read more ›
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A government-built AI tool was used to inform the recent decision to abolish the water and sewerage regulator Ofwat. The tool, called Consult, was built for the UK government as a way to speed up the analysis of the more than 50,000 responses to a review of the water sector. According to the government, the ... Read more ›
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Investments in UK spinouts reached unprecedented levels last year, according to a new report from spinout investor Parkwalk and data analytics group Beauhurst. The report found UK spinouts raised a record £3.35bn in 2024, up 44.3% from the previous year, reflecting both strong investor appetite and performance from companies formed from university research. Parkwalk notes ... Read more ›
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For decades, economic growth was a matter of market access, efficiency and liberalisation. Today, that equation has changed. Growth is no longer just about markets – it’s about rules, power, and geopolitics. Boards and investors must now navigate a landscape where governments are rewriting the playbook on trade, subsidies and regulation at breakneck speed. These ... Read more ›
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CybaVerse, a cybersecurity group that works with SMEs and managed service providers (MSPs), has raised £5m in a Series A funding round. Founded in 2018, initially as a boutique cyber consultancy, the firm offers businesses an all-in-one platform called CybaOps which includes certification compliance, continuous system monitoring, incident response, and AI-based data analysis. The new ... Read more ›
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Traditionally, we think of productivity as increasing efficiency; of producing more with less. For a standardised manufacturing process that definition may be right. But when we broaden productivity to the entire business, or to services rather than goods – it is not simply about working harder and doing more. Instead, it is about working smarter ... Read more ›
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Waymo, a US-based autonomous vehicle company owned by Google, has announced it is brining its self-driving ride-hailing to service to the UK. One of the most valuable autonomous vehicle firms, worth up to $33.6bn according to Dealroom, Waymo has been operating “robotaxi” services in US cities including San Francisco, Los Angeles and Austin for years. ... Read more ›
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Dexory, a London-based tech firm developing warehouse intelligence and autonomous solutions, has secured $165m (£123.5m) in new funding a year after its Series B. Known for its fully autonomous warehouse products, Dexory’s robots are able to scan and analyse fulfilment centres to gather data on operations. In the last year, the company has expanded the ... Read more ›
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Sunsave, a London-based startup and the UK’s first solar subscription service provider authorised by the FCA, has expanded its product to Scotland. Having raised over £100m in funding over the summer, Sunsave has been scaling its product and reach as it attempts to broaden access to solar energy in the UK. The company was founded ... Read more ›
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Automated tip pooling and tronc platform Grateful has raised £1.5m in seed funding from Calculus Capital. The investment will be used to accelerate fintech and money management tools for Grateful’s users, enhance AI product development, further bolster compliance functionality and expand into new markets. Founded in 2022 by Mason Potter, Jarrod Potter and Damian Guy, ... Read more ›
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Between 40,000 and 60,000 women leave the tech industry each year, costing the UK economy up to £3.5bn annually, according to new Lovelace report Unlocking £2-3.5 Billion. Despite women making up just 20% of the UK tech workforce, the report finds a broken career framework is driving experienced talent out of the sector. More than ... Read more ›
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The open consumer reviews website Trustpilot is a web 2.0 veteran faced with navigating a GenAI platform shift, as AI-powered search tools accelerate access to information. The company is using AI to identify and remove fake reviews, deleting approximately four million each year. The platform has also expanded the tools it offers businesses to mine ... Read more ›
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Revolut is faced with yet another hurdle before it can operate as a fully-licensed bank in the UK as regulators flag concerns over its risk controls, according to reports. The Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) have expressed concern over how the fintech giant handles its cross-border payments, as reported by the Financial ... Read more ›
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Britain is brimming with innovation. From Cambridge’s ARM to Oxford’s vaccine breakthroughs, we’ve proven time and again that ideas are not our problem. But too often, just as the engines ignite, the runway ends. We excel at take-off, but falter at altitude. The recent €1.3bn investment round for Mistral AI – led by ASML a ... Read more ›
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UK startups and scaleups secured $9bn (£6.8bn) in venture capital funding in Q3 of 2025, marking the second-highest Q3 total on record and the strongest since 2021, according to new analysis from HSBC Innovation Banking UK and Dealroom. With year-to-date investment now at £13bn – equalling 2024’s full-year total – the UK is on track ... Read more ›
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The Financial Conduct Authority (FCA) has unveiled its plans to support tokenisation as a way to drive innovation and growth in asset management. Tokenisation refers to digital representations of assets on distributed ledger technology, such as the Blockchain. The FCA said on Tuesday that it views the practice as a way to help asset managers ... Read more ›
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UK business leaders have been urged by ministers to work with the state and other firms to jointly prepare against cyber-attacks, as the number of harmful breaches skyrockets. Writing to chief executives and chairs of prominent businesses, including the entire FTSE350, the government has encouraged companies to seize on government support and collaboration to protect ... Read more ›
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This week’s podcast guest is Karen McCormick, chief investment officer at Beringea, who discusses the relationship between the business, technology and investment communities of the UK and the US, why the entrepreneurial spirit of the UK is catching up to Silicon Valley and why almost every business has become an AI business. Beringea is a ... Read more ›
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Increasing use of AI to enhance efficiencies in the professional services industry is pioneering how the UK can tackle its labour market issues, according to consulting firm RSM UK. While the group’s latest economic outlook found the UK to be the top performing G7 economy in the first half of 2025, RSM UK has warned ... Read more ›
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London-based AI startup Faculty has launched Frontier 3, the latest release of its decision intelligence platform that’s designed to help businesses make better, faster and more confident decisions at scale. The new next-generation version offers advances in agentic AI, collaboration and enterprise scalability. It also introduces the Decision Hub, a collaborative command centre for scenario ... Read more ›
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13.06.2026 19:39
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