Businesses across the UK are being urged to strengthen their cyber defences as the government takes action to protect the economy and essential services from fast-evolving cyber threats. Ministers are urging organisations across the economy to boost their resilience by signing up to a Cyber Resilience Pledge launching later this year. The pledge sets out ... Read more ›
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This week’s podcast guest is Louise Ballard, co-founder of early-stage firm Atheni-ai, who discusses how we move AI usage to the next level, from simply responding to questions to actually building systems that can really benefit businesses and organisations. Ballard also talks about why the UK government’s plans to reskill 10 million workers in AI ... Read more ›
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While some firms have move quickly and embraced AI with open arms, others have firmly resisted. Inadvertently, firms who choose the latter approach are exposing themselves to greater risk. In the absence of clear guidance, employees often take AI adoption into their own hands, in a phenomenon known as shadow AI. AI use within large ... Read more ›
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Paymentology has closed a $175m (£129.4m) funding round to support its ongoing global expansion, product development and the strengthening of its team. The firm is a next-generation issuer processor, supporting fintechs, digital banks and retail banks to launch and manage payment solutions on a global scale. Paymentology says much of the issuing layer of the ... Read more ›
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London-based Fifth Dimension has raised $26m (£19.2m) to accelerate its expansion across the US and Asia Pacific, including a new Singapore office, and deepen the platform’s agentic AI capabilities for real asset investment decisions. Fifth Dimension powers investment decisions by unifying fragmented institutional and market data into a single intelligence layer. This is achieved with ... Read more ›
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London-based AI data centre group Nscale’s meteoric rise continues with a new $790m (£580m) investment. Nscale has raised the additional financing to support the development of an AI data centre in Narvik, Norway. The injection comes just two months after the company was valued at $14bn following a £1.5bn Series C funding round. “Together, these ... Read more ›
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Kaizan has raised £2.5m to develop its AI platform that helps client-centric firms detect client risk, automate service delivery and grow revenue. Kaizan strives to turn fragmented client signals into insights and automations that help companies grow their existing relationships. The platform unifies and analyses communications and account data across emails, calls, chat and internal ... Read more ›
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Edinburgh-based global entertainment tech company Esk has raised £2.6m in a round led by Maven Capital Partners. Esk produces live experiences for blue-chip brands such as Netflix, Paramount and BAFTA. The business specialises in licensing IP from rightsholders and transforming it into live entertainment formats, providing services to promoters and venue operators on an international ... Read more ›
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Mobile gaming analytics, forecasting and user acquisition (UA) startup Kohort has closed a $7m (£5.1m) Series A round to build UA agents for mobile game studios using AI. Kohort’s machine learning-based predictive analytics platform is built for the gaming and consumer sectors, helping mobile game studios, operators, finance teams and investors optimise user acquisition spend ... Read more ›
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Arãya Ventures and Sie Ventures have partnered to launch the Arãya Sie Fund, announcing a £7.5m first close to back female founders building in AI, deeptech, fintech, healthcare and sustainability. The new fund will invest in up to 40 pre-seed and seed-stage companies over the next four years, writing initial cheques of £100k to £300k ... Read more ›
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This week’s UK tech funding deals include quantum computing group Quantum Motion, cultured meat company Meatly and more. UKTN tracked £234m worth of UK tech investment this week (4 May to 8 May), an 86% week-on-week decrease across eight funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Quantum Motion – £117.5m ... Read more ›
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CodeWords, a London-based startup aiming to provide firms with fully autonomous AI agents, has secured a $9m (£6.6m) seed investment. Founded in 2023, CodeWords is aiming to take agentic AI use among businesses to a deeper level. Instead of deploying agents that receive instructions and complete tasks, CodeWords aims to have agents that learn the ... Read more ›
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Shashwat Patel is the founder and chief executive of Perry AI, an AI-based legal tech platform that automates tasks including document reviews and compliance checks. In this week’s Founder in Five Q&A, Patel discusses the importance of understanding who your customers are before you build your product, the practice of ruthless prioritisation and his passion for ... Read more ›
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Seraphim Space Investment Trust has raised £137m from its recent issuance of C-shares announced late last month. The group, which primarily invests across the space technology sector, announced on 27 April that it was looking to raise up to £350m through the offering of C-shares. The decision was made in part to take advantage of ... Read more ›
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The City of London Corporation is calling on tech firms to build stronger digital verification services as fraud continues to wreak havoc on the financial sector. The organisation has launched a digital verification initiative that through it has urged the tech industry to support the development of these services on behalf of the financial sector. ... Read more ›
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Open source solutions provider Red Hat is set to launch Red Hat Enterprise Linux 10.2 and 9.8 to address modern security threats, speed AI innovation and minimise operational drift. Red Hat Enterprise Linux 10.2 and 9.8 provide an operating system (OS) platform that unifies IT operations across the hybrid cloud with a focus on security. ... Read more ›
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Meatly, a London-based firm that became the first company in Europe approved to sell lab-grown meat in 2024, is now planning to open the continent’s “largest cultivated meat facility” after securing new funding. The company, which predominantly provides pet food groups with its cultivated meat products, announced on Thursday that it raised £10.4m in a ... Read more ›
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UK-headquartered Quantum Motion has closed a $160m (£117.5m) Series C round to commercialise its scalable and energy-efficient approach to quantum computing. Quantum Motion builds utility-scale quantum computers using industry-standard silicon transistors. Built on qubits using the silicon technology found in smartphones and computers, its systems are designed for deployment into standard data-centre racks. This avoids ... Read more ›
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Artificial intelligence is often positioned as the biggest opportunity for business, that is true, but it is also changing the nature of cyber risk far faster than most organisations are prepared for. The conversation needs to catch up. This is no longer just about productivity or efficiency. It is about the speed at which systems ... Read more ›
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Asterix Health has raised £2.1m in pre-seed funding to build out its workforce solution that hires UK-registered GPs to support primary care remotely through a proprietary technology platform. Julian Titz and Max Thilo founded the company in 2024 after both navigating serious health conditions – Thilo was diagnosed with Hodgkin’s Lymphoma and Titz is currently awaiting ... Read more ›
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04.06.2026 07:25
Last update: 07:20 EDT.
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