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UK Tech News
Kirstie Pickering @ UK Tech News · 05/07/2026 05:00 EDT

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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UK Tech News
Kirstie Pickering @ UK Tech News · 05/07/2026 04:00 EDT

Ethos, the AI platform that matches skilled professionals to income opportunities, has secured a $22.75M (£16.7m) Series A funding round. While AI has made it easier to generate CVs and job applications, it has also made it harder to identify expertise. Organisations are facing volumes of increasingly similar profiles, with limited ways to assess what ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/06/2026 09:00 EDT

UK fintech funding dropped significantly in the first quarter of the year, according to the latest quarterly report from data intelligence platform Tracxn. According to the report, UK fintechs raised $741m (£544.2m) in the first three months of the year, a decline of 43% compared with the last quarter of 2025. The amount of funding ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/06/2026 07:12 EDT

A consortium of UK organisations as secured government funding for a project to develop lithium-ion battery recycling technology. Currently, the UK is heavily reliant on foreign imports for battery production and recycling, leaving the country’s supply of batteries extremely exposed to geopolitical shocks. So far, early efforts have been made to establish a circular economy ... Read more

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UK Tech News
Kirstie Pickering @ UK Tech News · 05/06/2026 06:00 EDT

The British Business Bank has committed an initial £1m to co-invest with Angel Academe, a founding signatory of the Investing in Women Code.  Investing in Women Code is a commitment to support the advancement of female entrepreneurship in the UK by improving female entrepreneurs’ access to tools, resources and finance from the financial services sector.  ... Read more

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UK Tech News
Kirstie Pickering @ UK Tech News · 05/06/2026 05:00 EDT

UK biotech Cytospire Therapeutics has closed a £61m Series A round to advance its development of antibodies used in cancer treatment. Cytospire is developing a portfolio of differentiated multispecific engager antibodies to enhance and direct the activity of immune cells.   In addition to advancing its development capabilities, the funding will be used to support a ... Read more

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UK Tech News
Kirstie Pickering @ UK Tech News · 05/06/2026 04:00 EDT

The UK government has committed £46.5m to the drone and advanced air mobility sector, helping drone deliveries, flying taxis and smarter emergency services become a reality in the UK’s skies. Part of the investment will also see a crackdown on “faceless” drones, which can be used in suspicious or illegal activity, through a bespoke drone ... Read more

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UK Tech News
Kirstie Pickering @ UK Tech News · 05/05/2026 11:00 EDT

Luna Pet Healthcare, which operates as Luna the Dental Vets, has secured a £700k funding round to accelerate its mission to improve pet dental health.  With sites in Bristol and Reading, Luna provides affordable veterinary dental care for dogs and cats through dedicated dental-only clinics. The business has also launched a range of preventative dental ... Read more

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UK Tech News
Kirstie Pickering @ UK Tech News · 05/05/2026 10:00 EDT

The UK Semiconductor Centre (UKSC) has appointed Andy McLean as its first chief executive officer (CEO) to help establish the UK as a global leader in semiconductors by accelerating scale-up, investment and commercial growth across the sector. Originally from the UK, McLean returns after an extensive career in the US, which included senior leadership roles ... Read more

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UK Tech News
UKTN @ UK Tech News · 05/05/2026 09:00 EDT

The UK boasts one of the best-funded tech industries in the world, but despite its many laudable achievements, concerns are regularly thrown around regarding the ambition and competitiveness of its domestic funding ecosystem. It was this precise concern that inspired the launch of the Business Growth Fund (BGF) back in 2011. A joint effort from ... Read more

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UK Tech News
UKTN @ UK Tech News · 05/05/2026 07:00 EDT

This week’s podcast guest is Anu Adebajo, chief executive of Newton Venture Program, who discusses how we train the next generation of investors, the real solutions to a lack of diversity in the industry and how much of VC success is down to pure luck. Listen to the full episode here, along with all previous ... Read more

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UK Tech News
Yash Dubal @ UK Tech News · 05/05/2026 06:00 EDT

If you are a UK tech founder sponsoring overseas engineers, there is a rule change that kicked in on 8 April 2026 that you probably have not heard about. You should. From that date, the Home Office stopped assessing sponsored worker salaries annually. Now they assess them in every pay period. One month below threshold ... Read more

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UK Tech News
Kirstie Pickering @ UK Tech News · 05/05/2026 05:00 EDT

Deep climate tech startup Barocal has raised a $10m (£7.4m) seed round to accelerate development and scale its engineering team ahead of commercial deployment. The University of Cambridge spinout is developing next-generation solid-state cooling and heating systems. The startup replaces conventional refrigerant gases with organic barocaloric materials that heat and cool under pressure, improving energy ... Read more

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UK Tech News
Kirstie Pickering @ UK Tech News · 05/05/2026 04:00 EDT

Glasgow-based life sciences scaleup EnteroBiotix has secured £19m to support its clinical trials of microbiome drugs used to treat irritable bowel syndrome (IBS).  IBS affects up to one in ten people, with up to twice as many women diagnosed compared to men.  The investment will fund the firm’s clinical trial for its EBX-102-02 IBS drug, ... Read more

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UK Tech News
UKTN @ UK Tech News 1 place · 05/01/2026 10:00 EDT

This week’s UK tech funding deals include renewable energy group Enviromena, roadside quality assurance provider HDS and more. UKTN tracked £1.73bn worth of UK tech investment this week (27 April to 1 May), a 1,574% week-on-week increase across 11 funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Enviromena – £825m Sector: Energy ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 2 place · 05/01/2026 09:00 EDT

Now that AI has firmly found itself embedded into the workplace, fears over how the automation of so many tasks could hurt jobs is not going anywhere. This is not a concern for the future, it is happening right now. While the exact figures vary, research from the likes of Goldman Sachs and Morgan Stanley ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News 3 place · 05/01/2026 07:00 EDT

The Payments Association, a trade body representing the payments sector, has announced chief executive Ben Agnew will step down. Agnew took the reins of the trade body back in 2020 and in his tenure saw membership and revenue grow considerably. The stepping down of Agnew follows a recently secured investment at The Payments Association that ... Read more

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UK Tech News
UKTN @ UK Tech News · 05/01/2026 06:00 EDT

Michael Lazarenko is the co-founder of Embedd a platform that uses AI to convert semiconductor datasheets and documentation into structured, machine-readable models. In this week’s Founder in Five Q&A, Lazarenko discusses why running effective tests is vital, why founders always need to raise more capital than they think and the power of 10-minute naps. What one ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/01/2026 05:00 EDT

The UK clean tech sector has reclaimed its spot as the best funded in Europe, according to the findings of a new report. Research conducted by the group Cleantech for UK has found that funding for the sector reached £7.2bn in 2025, up significantly from the £5.6bn raised the previous year. This puts the UK ... Read more

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UK Tech News
Oscar Hornstein @ UK Tech News · 05/01/2026 04:25 EDT

Spaceflux, a London-based company providing governments and commercial operators with “space domain awareness” services has raised £3.5m in an extension to its seed round. Founded in 2022, Spaceflux operates a network of optical sensors across five continents that, combined with its AI intelligence platform Cortex, provides organisations such as the Ministry of Defence and UK ... Read more

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04.06.2026 09:38
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