Cumulus Neuroscience, a health tech company based out of Belfast, has secured a £3.25m investment to advance the commercialisation of its brain assessment technology. The company works with biopharma partners to provide a suite of tools to support the development of neurological treatments. Its flagship product is its EEG headset (pictured), used to scan and ... Read more ›
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This week’s podcast guest is Air Vice Marshal Gary Waterfall, a retired senior officer of the Royal Air Force, who discusses the desperate need to ensure domestic defence is able to keep up with the advancements of technology, the surprising parallels of a career in the military and a career as an entrepreneur and the ... Read more ›
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The assets of Logically, a UK-based startup that provided information verification services powered by AI technology, have been sold off in a pre-pack administration deal. Founded in 2017 following the misinformation-fuelled political campaigns of Brexit and the election battle between Donald Trump and Hilary Clinton, Logically combined human fact checkers with an AI algorithm and ... Read more ›
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According to a recent report by the Royal Society, tech companies, researchers and governments should do more to remove barriers and engage disabled people in the design of digital assistive tools and services. This, according to the society’s Disability Technology report, will maximise the transformative benefits such innovations can bring and identifies digital assistive technologies ... Read more ›
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The National Wealth Fund has invested £28.6m into a carbon capture project based across Derbyshire, Staffordshire and the North West. Announced by Chancellor Rachel Reeves on Monday, the UK’s sovereign wealth fund has approved the major investment into Peak Cluster, which aims to decarbonise the British cement and lime industries with CO2 capture technology. “We’re ... Read more ›
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New research has revealed that a majority of UK company directors hold negative views of their board’s contribution to the business, commonly citing a mismatch when it comes to innovation strategies. As much as 51% of directors in Britain lack faith in their boards of directors, citing issues including rigidity and inconsistency, as revealed by ... Read more ›
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The takeover and delisting of FTSE 250 fintech Alpha Group by US company Corpay is still on the cards despite the London-based firm rejecting previous approaches. Corpay, listed on the New York Stock Exchange, confirmed in May that it had approached Alpha, a foreign exchange specialist, with a possible cash offer for its entire issued ... Read more ›
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Law firm Pinsent Masons has agreed a strategic partnership with ContractPodAi, a legal AI solutions and contract lifestyle management platform. At the centre of the collaboration is the adoption of Leah, ContractPodAi’s agent AI platform, as a core technology powering Pinsent Masons’ managed legal services offering. The partnership will also include joint investments in developing ... Read more ›
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A new report by data-sharing platform Raidiam has uncovered what it calls an API ‘security crisis’ as over 80% of monitored firms operating outside regulated frameworks have API protections that fall short. The report, entitled Helping Enterprises Recognise and Address Critical Risk, profiled the security of 68 organisations spanning across fintech, payments SaaS and enterprise ... Read more ›
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Labour has stuck to its guns on its pledge to reduce the regulatory burden on businesses. This week, it was announced that there would be a reversal of reforms to Companies House requirements. Under legislation brought in by the previous government, firms that were previously exempt from publishing detailed annual accounts on Companies House due ... Read more ›
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This week’s UK tech funding deals include AI-powered logistics firm HIVED, Belfast-based safety tech developer Inclutech and more. UKTN tracked £60m worth of UK tech investment this week (30 June to 4 July), a 90.5% week-on-week increase across six funding rounds. Here’s your weekly roundup of UK tech startup funding deals. HIVED – £31m Sector: Logistics ... Read more ›
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The AI Security Institute has launched a hiring push for experts to address the rapidly rising danger of AI-empowered cybercriminals. The UK government agency was originally formed as the AI Safety Institute, following the AI Safety Summit in 2023, to assess the safety risks of frontier AI. Earlier this year the group was given a ... Read more ›
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Debenhams Group will accelerate the adoption of AI across its portfolio of UK fashion and lifestyle brands through an extended multi-year agreement with cloud provider Amazon Web Services (AWS). The group already uses AWS cloud services on the Debenhams platform, but will now embed AWS technology across its other UK brands following a successful rollout, ... Read more ›
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Tom Wallace-Smith and Talmon Firestone are the founders of Astral Systems, a Bristol-based deep tech group developing and commercialising multi-state fusion reactor technology. In this week’s Founder in Five Q&A, Wallace-Smith and Firestone discuss the importance of embracing difficult challenges, why believing in your mission is the best form of motivation and why fusion is a ... Read more ›
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UK sales of electric vehicles (EVs) soared by a third in the first half of the year, with new registrations reaching 224,841 according to industry figures. Despite strong sales growth, the market share of battery electric vehicles was just 21%, below the government-issued mandate of 28% of new car sales for 2025, according to the ... Read more ›
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London-based digital bank Zopa is set to open a new office in Manchester as part of its UK growth ambitions. The fintech’s Manchester location is set to launch in early August, with initial plans to recruit around 50 staff focusing on product, engineering and specialist operations. The challenger bank aims to grow its northern workforce ... Read more ›
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British venture capital firm Celero Ventures has opened its first investment fund, targeting £20m for early-stage European software startups. The new fund aims to invest in up to 25 companies in the UK and Europe, with an emphasis on AI, data tooling and infrastructure software. Based in London and Jersey, Celero Ventures was founded by ... Read more ›
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The third round of the UK-wide engineering biotech accelerator programme from startup incubator Science Creates and government-run tech financier UK Research and Innovation (UKRI) has launched. The programme provides equity-free support for early-stage bioengineering projects, with participants receiving payment throughout the run to focus on their ventures. The accelerator, funded by the Technology Missions Fund, ... Read more ›
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AI is changing our lives. People use it for help with everyday tasks – from online banking to getting creative. Employers are investing in technology, and for the first time, AI is joining the workforce. With its potential to lift productivity, technology can be harnessed for good in many ways. But it’s too simplistic to ... Read more ›
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The UK Space Agency is inviting firms to bid for a major new procurement contract, worth £75.6m, in an effort to tackle the “growing threat of space debris”. The Active Debris Removal mission’s goal is to capture and safely de-orbit two non-functioning British satellites from low Earth orbit. The agency said these defunct satellites currently ... Read more ›
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30.07.2025 02:16
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