This week’s podcast guest is Jing Ouyang, co-founder and chief growth officer of Patchwork Health, who discusses the political pressure on health services to streamline operations, the difficulty in digitising NHS clinics and leaving a career as a medical doctor to launch a tech startup. Patchwork Health is a digital platform for clinics to manage ... Read more ›
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Challenger bank Monzo has surpassed 12 million customers in a milestone that places the fintech closer to the scale of the high street incumbents. Founded a decade ago this year, Monzo’s user count means the group provides accounts for around a fifth of UK adults. Personal accounts make up the bulk of Monzo users – ... Read more ›
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One word in particular has stuck out to me this past week. It’s been in financial accounts, trading updates and casual conversation: uncertainty. Alphawave, a London-listed electronics group that develops core technology for the semiconductor industry, recently released its annual results for 2024, in which it noted that due to “global uncertainty” and the “rapidly developing nature ... Read more ›
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AI company Hammer Missions has raised £1.4m in new funding to accelerate its AI technology development and strategic expansion into North America. The firm, which provides a technology solution for the inspection of built structures, secured the funding from UK-based venture capital fund ACF Investors and angel investors such as GeoSLAM’s Graham Hunter and Atkins’ ... Read more ›
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This week’s UK tech funding deals include insurtech unicorn Marshmallow, fast-charging energy group Nyobolt and more. UKTN tracked £122.45m worth of UK tech investment this week (14 April to 18 April), a 124% week-on-week increase across nine funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Marshmallow – £68m Sector: Insurtech HQ: London Round: Late ... Read more ›
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Khyati Sundaram is the founder of Applied, an HR tech startup using AI to try to make hiring fairer. In this week’s Founder in Five Q&A, Sundaram discusses nightmare pitches, the importance of storytelling in business and why first-time entrepreneurs need good co-founders. What’s your worst pitching experience?  My worst pitching experience happened roughly around the ... Read more ›
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Vizzy, a London-based recruitment startup looking to disrupt traditional CVs, has raised a £3.65m seed round. Launched in 2023, the startup describes itself as a “talent platform”, with which job candidates can create CVs more reflective of their future potential and ambition. Vizzy was co-founded by Joe Woodward and Jess and Chris Woodward-Jones, inspired by ... Read more ›
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Semiconductor group Alphawave is foregoing guidance for its 2025 results amid tariff-fuelled uncertainty as it posts a loss for last year. The London-listed group said in its results for the year ended December 2024 that “due to current global economic uncertainty and the rapidly developing nature of the recently imposed tariff regimes, we are not ... Read more ›
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Popular US fitness app Strava has snapped up Runna, a London-based coaching startup backed by Olympic athletes. Strava entered into a definitive agreement to acquire Runna on Thursday with the goal of creating the world’s biggest fitness app – figures from Statista rank Strava second in the world by revenue, behind MyFitnessPal. Founded in 2020 ... Read more ›
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Disabled Britons have warned the incorporation of AI into healthcare could result in efficiency being prioritised over quality human support. According to a survey of 2,000 UK adults from health tech consultancy nuom, around two-thirds of respondents with physical or mental disabilities expressed concern over the increased automation of care. Among their other concerns was ... Read more ›
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Checkout.com has struck a deal to provide payments services to ecommerce giant eBay as the London fintech eyes profitability this year. The strategic partnership will see Checkout.com provide payment infrastructure services across 190 markets. “eBay is an iconic global commerce leader which continues to push the boundaries of digital commerce,” said Checkout.com CEO Guillaume Pousaz. ... Read more ›
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Cambridge-based fast-charging battery firm Nyobolt has secured $30m (£22.6m) in fresh funding months after warning new investment would be needed to keep operating. Though the company warned in January that it was at risk of running out of funds in early 2025 in its most recent financial accounts, Nyobolt said it saw significant opportunity in ... Read more ›
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Aviva Investors has added €11.4m (£9.8m) to Revolut backer Lakestar’s latest venture capital fund. The London-based investment arm of the insurance giant has backed the Lakestar Growth Fund II, which will target deep tech, healthcare, fintech and digitalisation firms at the growth stage. The new fund has already begun deploying capital, with recent investments including ... Read more ›
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Inephany, an “AI optimisation” startup founded by former Apple Siri engineer John Torr, has raised $2.2m (£1.7m) with the promise of lowering the costs of LLM training. As AI developers look to make grander and more powerful tools, R&D costs will likely act as a major barrier. OpenAI’s GPT-4 cost something in the range of ... Read more ›
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The Spring Statement signalled a much needed and meaningful shift in the government’s approach to strengthening the UK’s independent defence and security capabilities. In response to growing geopolitical headwinds, the Chancellor increased the MoD’s budget and committed to speeding up procurement timelines, particularly for novel technologies and for greater investment in dual-use technologies – those ... Read more ›
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Embedded agent platform Mindset AI has raised £4.3m to fuel an expansion into the US. Founded in 2019, the company works with software businesses to integrate AI agents into operations and product lines. Currently worth an estimated $5.1bn, analysts have projected the AI agent market to be as valuable as $47.1bn globally by 2030 as ... Read more ›
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Annual recurring revenue (ARR) at London-based AI unicorn Synthesia has surpassed $100m, an almost 300% rise from its 2023 turnover. Launched in 2017, the company’s platform generates realistic, human-like AI avatars that can read out script for corporate training videos and comms. Users can select an existing avatar to read out their scripts, or for ... Read more ›
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Insurtech group Marshmallow has raised $90m (£68m) in a combined debt and equity raise at a valuation of $2bn. Three years after Marshmallow, which provides vehicle insurance services to migrants to the UK, secured unicorn status off the back of an $83m Series B, the company has now almost doubled its valuation. Having surpassed one ... Read more ›
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You always think, “It will never happen to me”. But the truth is, in today’s fast-paced world when we’re surrounded by information, it’s easier than ever to fall for a scam. Fraud is an enormous problem: one which costs the British economy £2.6 billion a year, undermining public trust in our financial services and causes ... Read more ›
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This week’s podcast guest is Jonathan Berry, Viscount Camrose and former Conservative AI minister, who discusses how artificial intelligence policy has changed with the Labour government, why the work it must do is difficult but necessary and why clarity on AI regulation is vital for businesses. Berry is a hereditary peer in the House of ... Read more ›
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Most popular sources
Business Insider
|
31% 4 |
Gizmodo
|
23% 14 |
Tom's Hardware
|
17% 1 |
Eurogamer.net
|
6% 3 |
The Verge
|
5% 2 |
| View sources » | |
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21.12.2025 21:26
Last update: 21:20 EDT.
News rating updated: 04:20.
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