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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Keir Starmer’s announcement of an NHS “online hospital”, designed to connect patients with specialist clinicians to deliver 8.5 million extra appointments in its first three years, is a promising step forward in the NHS’s digital transformation journey.  The proposal builds on the government’s 10 year plan to make the NHS the most “AI enabled health system in ... Read more ›
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Logistics tech platform Beacon is reimagining the global logistics stack to make it smarter, simpler and more connected. CEO Fraser Robinson used the principles he learnt as head of Uber’s EMEA business to create a digital-first business in an industry that is traditionally slow to adopt new technologies. This ambition to replace outdated tools with ... Read more ›
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Munro, a Glasgow-based manufacturer of electric four-by-four vehicles, has secured an investment of £2m to accelerate production of its M-Series cars. Founded in 2019, Munro was launched to apply the electrification trend seen in passenger vehicles to commercial all-terrain vehicles. While passenger EV sales have risen greatly, the company notes commercial vehicles used in sectors ... Read more ›
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Owlstone Medical, a health tech company from Cambridge that has developed a breath-based early diagnostics device for cancer, has been awarded a research prize of up to $49.1m (£36.5m). The funding has been awarded by the Advanced Research Projects Agency for Health, an agency within the US government’s Department of Health, for the company’s Platform ... Read more ›
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This week’s podcast guest is Christoph Lippuner, co-founder and chief executive of Semble, who discuses why healthcare professionals are far too often victims of extreme burnout, why that is a problem for everyone and the challenges he faced raising money for his business. Semble provides management software for healthcare providers. The platform helps clinicians and ... Read more ›
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The James Hutton Institute has received a £3m investment from Scottish Enterprise for its new high throughput phenotyping facility that’s part of the Advanced Plant Growth Centre (APGC) in Invergowrie, Scotland. The facility is part of a suite combining advanced phenotyping, automation, AI-driven analytics and a high-performance computing cluster that supports research and industry collaboration. ... Read more ›
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YFM Equity Partners (YFM) has appointed Neil Inskip as head of new investments for the North across their Manchester, Leeds and Birmingham offices to strengthen its regional leadership team. Inskip will oversee YFM’s new investment activities across the North, supporting the regional teams and sitting on its investment committee. With nearly 20 years of private ... Read more ›
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Local areas across the UK can now bid for support of up to £20m in government funding to grow existing regional science and tech expertise. Funding body UK Research and Innovation (UKRI) is inviting local and regional partnerships to bid for the government funding to support research and innovation projects in their area through the ... Read more ›
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Consumer group Which? has launched legal action against tech giant Qualcomm accusing the US chip firm of anti-competitive behaviour. The case will be held in the Competition Appeal Tribunal on Monday and is expected to last five weeks. Which? has alleged that Apple and Samsung, two major customers of the company, were forced to pay ... Read more ›
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Payments and banking platform OpenPayd has appointed Yasemin Swanson as the firms new chief operations officer (COO). Swanson will be responsible for scaling OpenPayd’s operational infrastructure as it looks to expand globally and secure additional regulatory milestones. The new OpenPayd executive joins the company from clearing and embedded banking company ClearBank, worth around $1bn, where ... Read more ›
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This week’s UK tech funding deals include, for the second week in a row, AI infrastructure company Nscale as well as sustainable aviation fuel group OXCCU and more. UKTN tracked £388.7m worth of UK tech investment this week (29 September to 3 October), a 59% week-on-week decrease across six funding rounds. Here’s your weekly roundup ... Read more ›
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The UK-registered arm of tech giant Google cut almost 400 jobs between December 2023 and 2024, as revealed in the firm’s latest accounts. In the group’s financial statements for the year ended December 2024, it was revealed that average headcount at Google UK fell from 7,422 to 7,029, a decrease of 393, first reported by City ... Read more ›
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Bilal Hussain is the co-founder and chief executive of Artio, an insurtech startup offering services to the carbon offset market. In this week’s Founder in Five Q&A, Hussain discusses why small, incremental changes make all the difference, the importance of valuing yourself and your contributions and not being afraid to reach out to people. Which role ... Read more ›
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The UK tech industry was the second best-funded in the world in the first nine months of 2025, ahead of the US, China, India and Germany, according to Tracxn data. Research from Tracxn found that UK tech companies collectively raised $12bn (£8.9bn) in the first nine months of the year, an 8% increase from the ... Read more ›
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HartBeat Ventures, an investment fund founded by actor and comedian Kevin Hart, has co-led a £26m investment in London-based health and fitness app Simple Life. Founded in 2019, Simple Life was launched to offer practical weight loss support as a response to the numerous fad diets and unreasonable expectations presented by social media influencers. The ... Read more ›
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eBay has launched a £3m programme developed in collaboration with OpenAI to expand the skillset of small UK businesses with access to the latest custom AI productivity tools and training. The AI Activate programme is open to all businesses that sell on eBay, with up to 10,000 to be onboarded this year. Its value includes ... Read more ›
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At a time when almost every business is facing pressure to adopt AI technologies, knowing if it is actually the right move and how to go about it is a real challenge. While the term AI is thrown around excessively, it is important to recognise that it refers to a vast and diverse array of ... Read more ›
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Pension firms should capitalise on the opportunity to boost investment into the tech sector, Science Minister Lord Vallance will tell investors today in his speech at the British Venture Capital Association’s (BVCA) private capital showcase. Vallance will acknowledge that the UK is renowned for excellence in research and incubating companies in sectors including life sciences, ... Read more ›
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A new YouGov survey shows that two-thirds of UK undergraduates are already using AI in their studies – a third do so weekly. For many, ChatGPT is becoming as natural a tool as Google. The study also shows uncertainty – a quarter of students admit to using AI for graded work, yet many also say ... Read more ›
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The London Stock Exchange and Crowdcube, Europe’s largest private market investment platform, have formed a strategic partnership to create a more inclusive liquid private capital market ecosystem for retail investors. The partnership allows hundreds of thousands of eligible Crowdcube investors to gain access to opportunities on the same terms as large institutional investors. It also ... Read more ›
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13.06.2026 20:36
Last update: 20:15 EDT.
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