Mahir Sahin, a former senior Google employee who spent almost 20 years at the company, has launched a new €50m (£43.3m) venture fund targeting European deep tech that will be needed to “move beyond current AI limitations”. London-based Cloudberry Ventures has a stated goal of preventing “IP strip-mining” of European technologies by US investors and ... Read more ›
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This week’s UK tech funding deals include workflow automation platform Edra, cancer diagnostics group Spotlight Pathology and more. UKTN tracked £53.69m worth of UK tech investment this week (16 March to 20 March), a 97% week-on-week decrease across six funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Edra – £22.4m Sector: AI ... Read more ›
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Spotlight Pathology, a spinout from the University of Manchester, has secured a new investment of £1.4m to accelerate the commercial rollout of its AI cancer diagnostics product. Spotlight Pathology is developing AI-powered tools for diagnosing blood cancer. The firm has picked up a few investments over the past few years, including £425,000 raised in May ... Read more ›
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Francisco Vigo is the co-founder and chief executive of GeoSurge, a London-based deep-tech AI company that tracks, improves and monitors how large language models represent businesses across markets. In this week’s Founder in Five Q&A, Vigo discusses why enjoying your work is the difference between feeling challenged and exhausted, moving forward with your vision even if ... Read more ›
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Capital lending to UK businesses surged in 2025, driven primarily by small and medium-sized businesses, according to findings from UK Finance. In its latest Business Finance Review, the group found that UK high street banks increased gross business lending to £17.5bn in 2025, up from £16.1bn the previous year in the second consecutive year of ... Read more ›
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Flexzo AI, an agentic workforce system for healthcare providers has completed a $12m (£8.9m) Series A funding round led by Octopus Ventures. The hospital workforce management tool provider said the financing will support the rollout of its platform across NHS Trusts and accelerate expansion in the US. Founded in 2023, Flexzo AI was launched to ... Read more ›
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Since 2022, the use of AI in the workplace has been consistently climbing, with both businesses and politicians encouraging the establishment of an AI-enabled workforce. Though it is clear that AI is a part of many people’s daily professional routines, either through personal use or company mandates, research into its use could suggest a mismatch ... Read more ›
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Pre-tax profits at the digital bank Zopa have surged to £65m in the London fintech’s third year of profitability. The bank reported a pre-tax profit of £65m for the financial year ended December 2025, almost double the previous year. The strong performance in 2025 was in part said to be because of the company’s expansion ... Read more ›
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The incorporation of AI by small businesses has yet to meaningfully impact the size of workforces, despite soaring adoption rates, new research suggests. According to research from the British Chambers of Commerce (BCC) in partnership with Atos, more than half (54%) of UK firms are actively using AI, up sharply from the 35% tracked by ... Read more ›
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Bernie Miles, a former executive at buy now pay later (BNPL) firm Klarna, has joined the C-suite of fintech group Tide. Miles joins the SME financial platform as its new chief data and technology officer where he will oversee the business’s push into a new AI-first business management platform approach. Miles, who will report directly ... Read more ›
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The Chancellor has announced a £1.7bn investment package that will go towards scaling the tech and industrial strengths of various cities in northern England. Part of a larger previously announced £2.3bn industrial investment package, the new funding will in part support the digital and technology sectors in cities like Manchester and Liverpool, as well the ... Read more ›
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Partech Partners has secured a €20m (£17.3m) commitment from the British Business Bank in support of its €300m (£260m) Impact Fund. Founded 40 years ago, Partech is a Paris-based technology investor that backs European impact firms addressing societal and environmental challenges. British Business Bank’s backing of the fund follows a €30m (£25.9m) commitment it previously ... Read more ›
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The UK government has rolled back previously announced plans to introduce a broad copyright exception with an opt-out option for the training of AI models on copyrighted materials. Announced in a new report published by the Tech Department on Wednesday, the government has shifted away from a plan that would give AI developers essentially free ... Read more ›
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The UK Space Agency has committed to working closely with its equivalent in Ukraine as the countries look to develop one of the most promising industries for the future. An agreement was signed between the UK Space Agency and the State Space Agency of Ukraine during a meeting at the Ukrainian embassy in London. The ... Read more ›
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VerbaFlo, a real estate platform that centres conversational AI in its service, has raised a $7m (£5.24m) seed round. Founded in 2024, VerbaFlo was built to incorporate AI into real estate, automating leasing, operations and providing a conversational engagement platform for residents. “Real estate is one of the largest industries in the world, yet much ... Read more ›
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An online advert for an AI video generation tool has been banned by UK regulators due to its use of nudification as a selling point. The advert, which appeared on YouTube promoting a service called PixVideo, has been deemed “irresponsible, offensive and harmful”. It displayed a side-by-side comparison images of a young woman illustrating a ... Read more ›
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Virgin Startup has announced a new £20m funding pot for startups in the next financial year after hitting the £100m milestone for loans funding issued. Since becoming a national business support partner for the British Business Bank’s Start Up Loans programme in 2013, Virgin Startup has supported over 7000 founders across the UK, including environmental ... Read more ›
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First Concepts, the AI-native workspace for early stage creative work, has raised £750k in pre-seed funding less than nine months after the startup was founded. The platform is built on three foundational pillars: a creative DNA taste engine that learns individual and brand judgement, a unified interface focused on context, and a tool agnostic infrastructure ... Read more ›
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The SuperSeed Fund III has secured a commitment of up to £50m from the British Business Bank to invest in B2B AI and SaaS startups. Fund III is focused on seed-stage companies building physical AI. This refers to artificial intelligence applied to physical industries such as manufacturing, energy, construction and autonomous systems. The Bank has ... Read more ›
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HSBC UK has launched a £5bn AI and productivity financing initiative to help UK businesses invest in essential, future-ready capabilities. UK mid-sized companies could generate an additional £105bn in revenue by 2030 if current AI adoption trends continue, according to new research carried out by the Centre for Economics and Business Research (Cebr) on behalf ... Read more ›
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20.04.2026 03:31
Last update: 03:25 EDT.
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