Earlier this month, I was invited to PICTFOR’s seventh annual Diversity, Equity and Inclusion Rally, hosted at the House of Commons. The focus of the event – attended by MPs Samantha Niblett, Mims Davies and Dawn Butler – was to share the important work being done on diversity in our sector. And yet, with slow ... Read more ›
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The Ventures Lab is partnering with Techscaler to support the creation and growth of startups in Scotland with social environmental missions. The organisations are working to strengthen the pipeline of impact-driven startups in Scotland through shared learning and aligned programme delivery. Techscaler is a startup development programme owned by the Scottish government and run by ... Read more ›
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Clearing and embedded banking group ClearBank has appointed David Samper, a banking veteran as its new group CFO. Samper joins the fintech from Newcastle Building Society, where he spent over six years as chief financial officer. He has also held senior roles at Sainsbury’s Bank, NatWest and Royal Bank of Scotland. While overseeing the finances ... Read more ›
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AI-powered cardiology diagnostics company Ultromics has secured a $55m (£41.4m) Series C funding round to fuel its expansion across the US. Founded in Oxford in 2017, Ultromics develops AI technology to support clinicians in the detection of particularly elusive forms of heart failure. According to research cited by the company, Heart Failure with Preserved Ejection ... Read more ›
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British Business Bank has backed automated software firm JECO in the first investment through the Regional Angels Programme’s new co-investment platform. West Yorkshire-based JECO, which develops automated toolsets designed for video game software developers and digital creatives, has secured a £960,000 investment led by Games Angels and featuring participation from British Business Bank. The round ... Read more ›
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Subs.com, the new content creation platform created by OnlyFans founder Tim Stokely (pictured) is launching a tool wherein subscribers can receive a share of the revenue earned by creators they follow, UKTN can exclusively reveal. Stokely, who founded OnlyFans – currently valued by Dealroom at $8bn (£5.9bn) – in 2016, launched the rival content creation platform ... Read more ›
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Google is rolling out an AI-powered version of its search engine to UK users as it continues to bet big on generative technology. The company has already been integrating AI into its traditional searches through the inclusion of AI-generated summaries that commonly appear at the top of its search results. It is now taking this ... Read more ›
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Due, a borderless payments startup founded by a Revolut alumnus, has extended its seed round with an additional £3m investment as it launches its stablecoin API. Founded in 2022, Due offers businesses multi-currency accounts that allow the sending and receiving of funds between fiat currencies and stablecoins – cryptoassets pegged to the value of traditional ... Read more ›
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An online advert for Octopus Energy has been removed by regulators over concerns it was misleading consumers about the price of its services. The ad in question, first seen via Facebook in September 2024, included text reading “installs from £500″ and “Heat Pump & Install From As Little As £500”. The Advertising Standards Authority (ASA) ... Read more ›
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The UK’s AI Security Institute has launched a joint initiative with Amazon, Anthropic and its Canadian government equivalent to study AI alignment. The Alignment Project, backed by £15m, will see the state-owned institute work with industry and international partners to determine how to ensure, as the technology becomes more advanced, that AI systems behave predictably ... Read more ›
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Climate tech holds a unique place within the UK’s wider tech industry. It is one of the best-funded subsectors in UK tech, but also one of the toughest areas for firms to scale to the later-stages. It is a significant economic opportunity, but also an industry attempting to deal with the greatest global crisis the ... Read more ›
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Cheshire-headquartered biotech company Centauri Therapeutics has received $5.1m (£3.8m) in funding to support the development of its lead compound. Based in Alderley Park, Centauri specialises in immunotherapy drug discovery and is currently working on the development of its ABX-01 programme, a broad-spectrum antimicrobial selected to combat clinically prevalent drug-resistant bacteria. In support of this, the ... Read more ›
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Regional leaders in the four UK nations are being offered £30m to support local science and tech specialties as part of a government fund to drive innovation throughout various hubs. The latest regions set to receive backing from the £500m Local Innovation Partnerships Fund – first announced during last month’s Spending Review – are the ... Read more ›
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The shareholders of fintech group Wise have voted overwhelmingly in favour of approving plans to move its primary public listing to the US, despite a controversy surrounding the vote. The resolution passed with 90.58% of Class A shares and 84.55% of Class B shares voting in favour. “We’re pleased that our owners have overwhelmingly approved ... Read more ›
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The UK must urgently upgrade its AI infrastructure to protect both its national and economic security, according to a new report from the Tony Blair Institute. According to research from the group, the UK is in danger of falling behind in the AI race, controlling just 3% of global computing power required to support an ... Read more ›
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This week’s podcast guest is Michelle Robson, founding partner at Odyssey Ventures, who discusses her journey from chemical engineering grad to launching a venture capital firm, the qualities she looks for in a founder seeking investment and Europe’s place in a tech landscape dominated by Silicon Valley. Odyssey Ventures is a venture capital group based ... Read more ›
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Cyber risk management firm DynaRisk has announced a $4.7m (£3.5m) funding round to fuel its international expansion. Founded in 2016 by Andrew Martin, a former banking sector cybersecurity expert and self-taught hacker, DynaRisk provides insurers with the tools and data required to offer cyber insurance. Businesses have been under increased threat from cyber attackers, increasing ... Read more ›
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After years of explosive growth, the tech mergers and acquisitions (M&A) market has cooled – but not in the way many expected. The slowdown hasn’t solely been driven by macro headwinds or interest rates; it’s structural. Governance and regulation have increasingly moved to the deal table, influencing which transactions go ahead, how fast, and at ... Read more ›
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Autonomous shuttle and baggage transportation services from firms including Wayve, Oxa, Aurrigo and UPS are set to receive government funding as part of a self-driving vehicle support programme. The projects will receive funding from the £150m Connected and Automated Mobility (CAM) Pathfinder initiative launched as part of the recent Industrial Strategy. The scheme aims to address ... Read more ›
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Gerald Mullally, who spent almost a decade as a director in the Prime Minister’s Office and Cabinet Office, has been named the new chief executive officer of Oxford Quantum Circuits. Mullally, who has also held an advisory role to the Irish government and positions at consultancies Accenture and PwC, will become the permanent CEO of ... Read more ›
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13.05.2026 22:43
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