This week’s UK tech funding deals include AI material discovery company CuspAI, biomaterial developer Ponda and more. UKTN tracked £565.3m worth of UK tech investment this week (20 July to 24 July), a more than 400% week-on-week increase across 11 funding rounds. Here’s your weekly roundup of UK tech startup funding deals. CuspAI – £334m ... Read more ›
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Common Ventures has launched its Common Path programme, which is designed to help talented graduates from lower-income backgrounds build a career in startups. The programme is designed to identify graduates with the drive, resilience, self awareness and mental agility to thrive in startups, regardless of where they went to school or who they know. Through ... Read more ›
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The UK government’s £298bn Defence Investment Plan promises to improve the nation’s security and support what could represent a key area of economic growth. According to the plan, it will “energise the transformation of our armed forces” and “rebuild warfighting readiness” at a time when the state of geopolitical security is genuinely alarming. Highlights of ... Read more ›
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StirlingX has raised a $20m (£15m) Series A just eight months after closing its seed round. StirlingX is building a sovereign intelligence and autonomy platform that lets defence and critical national infrastructure customers capture, secure, fuse and act on high-value data in complex and contested environments, from surveying and monitoring infrastructure to detecting and countering ... Read more ›
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For too long, Britain’s innovation strategy has been caught between two competing instincts. We celebrate world-class research wherever it exists, but too often concentrate investment and decision-making in too few places. The result is a country that generates extraordinary scientific breakthroughs, yet struggles to commercialise them at scale. If, or should I say when, Andy ... Read more ›
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A concerning proportion of businesses in London expect the UK to go through economic decline over the next 12 months, according to new research. In the latest economic survey conducted by the London Chamber of Commerce, it was found that as many as 60% of London firms expect some level of decline in the next ... Read more ›
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AI is reshaping the UK’s startup economy, attracting a record share of investment and driving larger equity deals against the backdrop of a slight decline in overall activity, according to the British Business Bank’s annual small business equity tracker. The tracker found that the equity market for smaller businesses is increasingly concentrated around higher value ... Read more ›
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Ruya Ventures has raised $50m (£37.7m) for its first VC fund, which is focused on supporting global deep tech innovation as it shifts from the lab into real-world deployment. Ruya Ventures will build a portfolio of 20 deep tech companies worldwide with a focus on targeted technology value chains in sectors including AI, batteries, robotics, ... Read more ›
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Lucida AI has raised a $7m (£5.3m) seed round to accelerate its AI-powered language coaching platform for consumers and enterprises. Through real-time speech-to-speech conversations and instant feedback, Lucida AI helps users to improve pronunciation, fluency and confidence by simulating real-world scenarios. This spans from everyday chats to business meetings, presentations and client calls. As people ... Read more ›
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The UK’s competition regulator’s announcement of a consultation that could force Apple and Google to adopt more app developer friendly policies “falls short of what is needed” according to a prominent group of developers. The Competition and Markets Authority (CMA) unveiled on Tuesday a new consultation that could lead to a new requirements for app ... Read more ›
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Build, the AI-native infrastructure company helping governments, developers and investors accelerate critical projects, has raised $8.5m (£6.4m) in seed funding. The startup combines AI systems with industry expertise to automate workflows across infrastructure development, including site selection and due diligence. Build says demand for AI infrastructure, power and industrial capacity is outpacing supply, placing growing ... Read more ›
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London-based Tapestry VC has launched its $80m (£60.5m) Fund III to double its scale and deepen its focus on backing repeat founders across Europe and North America. At almost three times the size of the firm’s previous funds, Fund III is co-anchored by a $40m ($30.2m) commitment from new sovereign investor British Business Bank, alongside ... Read more ›
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The Competition & Markets Authority (CMA) is consulting on new conduct requirements for Apple and Google under the UK digital markets competition regime. The proposed requirements would remove restrictions currently preventing UK app developers from ‘steering’ their customers away from Apple and Google’s platforms for payment. ‘Steering’ – the ability for developers to engage with ... Read more ›
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Every industrial revolution has been shaped by physical assets. Coal fuelled the nineteenth century. Steel defined the twentieth. Artificial intelligence will define the twenty-first, but despite its digital image, AI is ultimately constrained by something very familiar: land, energy and infrastructure. For much of the past forty years, Britain’s post-industrial heartlands have been viewed through ... Read more ›
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Bristol-based Neuronostics has raised £3m to accelerate BioEP, its patented digital biomarker platform for epilepsy diagnosis and prognosis. The startup says people with suspected epilepsy wait over a year for a diagnosis, misdiagnosis rates can exceed 30% and around half are not seizure free one year after starting treatment. An electroencephalogram (EEG) is a test ... Read more ›
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Firms supporting people to buy, trade and hold crypto will need to meet new standards under landmark rules set out by the Financial Conduct Authority (FCA). All firms must now meet financial resilience requirements including capital and stress testing. The FCA is also introducing new market integrity rules covering areas such as insider trading and ... Read more ›
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This week’s podcast guest is Emily Turner, chief executive of HSBC Innovation Banking UK, who discusses what makes it a go-to bank for startups. Turner also explains how her natural optimism means she sees plenty to celebrate in the UK tech scene, from more and more deals happening outside London, to the impact of AI ... Read more ›
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Expert UK scientists working on defence tech innovations are to be backed by £580m of infrastructure funding from the government over the next four years, which will include the build of a new laboratory. The Defence Science and Technology Laboratory (Dstl) is dedicated to research into new science and technologies for defence. In 2018, its ... Read more ›
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UK Fusion Energy Ltd (UKFE), the organisation formed to deliver the British government’s nuclear fusion power plant pledge, has handed a £30m contract to French software group Dassault Systèmes. UKFE was created by the government to carry out the UK’s flagship fusion energy programme STEP, which aims to design and build the world’s first prototype ... Read more ›
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Startup Coalition and the Department for Science, Innovation and Technology (DSIT) has launched Pitch in Whitehall, a new competition bringing startup innovation into the heart of government. Pitch in Whitehall is the latest in the Startup Coalition’s Pitch in Parliament series, with past winners including UK startups Adora Women’s Health and GutSee Health. Participating startups ... Read more ›
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Gaussion, the London-based deep tech company pioneering energy intelligence technology for battery packs, has secured a $28m (£21.2m) investment round. With much of the global battery industry focused on advances in cell chemistry, Gaussion says technologies extracting more from existing cells are attracting greater attention – particularly as AI infrastructure, electrified transport and autonomous systems ... Read more ›
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28.07.2026 10:16
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