British Airways parent company International Airlines Group (IAG) will invest up to €200m (£168.1m) in tech startups through a new venture capital arm. IAGi Ventures will look to back tech innovations that can support the aviation industry, from sustainable fuels to airport operations support. “Adopting new technologies will improve our business and the value we ... Read more ›
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An Aquis-listed small-cap investor has warned 2024 was a “difficult year” in the public markets as it posted widening losses. Gledhow Investments, which builds up positions in fast-growing AIM, LSE and Aquis Exchange traded companies, complained of poor liquidity on the Aquis exchange as it reported a fall in the value of its portfolio. “UK ... Read more ›
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The UK’s tech department is switching to a “startup mindset” for funding AI projects for the public sector to cut down on “overly complex spending approval processes”. Throughout the government there has been strong ambitions to deploy artificial intelligence tools throughout its digital processes – part of its growth ambitions to boost efficiency and cut ... Read more ›
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Over 70 redundancies have been made as the sale of the collapsed UK entity of EV firm Arrival has fallen apart after administrators were unable to complete a last-minute sale of the business. In an administrator’s report from EY Parthenon, it was revealed that sales for two different parts of Arrival were in advanced negotiations ... Read more ›
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Deliveroo has become the latest food delivery tech firm to retreat from its international markets after the London-listed business said it would be shutting down its operations in Hong Kong. In a stock exchange update, Deliveroo said its Hong Kong platform would be live until 7 April, after which liquidators will manage closure of the ... Read more ›
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A remarkable chart caught my attention this week. I had to re-read the title to check I wasn’t hallucinating. The chart showed that since the start of this year, the FTSE 100 had outpaced the Nasdaq – and outperformed it bigly. While the US index has tumbled 6% since the start of the year, London’s ... Read more ›
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Have you heard of RELX? A lot of people haven’t. A cursory browse of Google Trends suggests there is less “search interest” for RELX than virtually any other major company in Britain. But RELX is fast becoming a business worth knowing about. The firm, which prides itself on its humble low profile, is on the ... Read more ›
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Irish technology consultancy Version 1 has pledged to invest £40m into the UK’s AI economy following a discussion with leaders of both countries. The investment will be made through an increased presence across the UK’s “technology hubs”, in a move that it claims will add 1,000 jobs to the economy. The majority of these new ... Read more ›
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This week’s UK tech funding deals include AI data intelligence platform Quantexa, biomaterials developer Epoch Biodesign and more. UKTN tracked £200.3m worth of UK tech investment this week (3 March to 7 March), a 110% week-on-week increase across seven funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Quantexa – £135.5m Sector: AI ... Read more ›
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The UK has everything it needs to lead the world in quantum computing. First-class scientific talent, a solid funding pipeline, groundbreaking companies and even a government industrial strategy, all that’s missing, according to Riverlane CEO Steve Brierly, is a sense of urgency. Speaking to UKTN, Brierley – whose quantum company has raised $125m – celebrated ... Read more ›
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The emergence of DeepSeek has only served to “reinforce” the investment thesis of SuperSeed Capital, the AI investor said this week, despite the industry disruption brought about by the chatbot’s launch. In January, DeepSeek’s latest release demonstrated that top-tier AI performance could be achieved at just 5% of traditional inference costs, triggering a $1 trillion ... Read more ›
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A Lancashire hotel has become the first in the UK to adopt an AI concierge in what could be a radical shift in hospitality. Guests at the Park Hall Resort and Spa in Preston will be able to call on the hotel’s artificial assistant, designed by London-based startup Inntelo AI. Accessed via a phone ... Read more ›
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If you’ve been on LinkedIn recently you’ll have seen them. Posts from British tech founders citing their intention to move to the US. A land of bigger, bolder ambition which, they believe, provides more fertile ground for tech companies looking to scale. But in recent weeks, the tide seems to be turning. And the US’ ... Read more ›
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Lyall Cresswell is the founder and CEO of Transport Exchange Group (TEG), a fintech platform for the logistics sector. In this week’s Founder in Five Q&A, Cresswell discusses why founders should worry more about establishing a sustainable business model than quickly raising funds, the importance of knowing your market intimately and his background as a student ... Read more ›
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Cambridge-based artificial intelligence firm CuspAI has bolstered its advisory board with a string of key recruits including Yann LeCun and Verity Harding. LeCun is Meta’s Chief AI Scientist, a Turing Prize Laureate and a professor at New York University. Harding is a director of the AI and Geopolitics Project at the University of Cambridge and ... Read more ›
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UK fintech customers, particularly of Revolut, were the most affected by a Georgia-based scam that cost consumers thousands, a recent investigation has revealed. At least 1,000 people have lost money to a scam using phoney call centres and AI-powered deepfake marketing, according to findings published in the Guardian. Of the top 10 financial institutions from ... Read more ›
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Trimtech Therapeutics, a university spinout biotech, has raised £25m in seed round co-led by Cambridge Innovation Capital. The investment will support the Cambridge startup’s development of treatments for neurogenerative diseases like dementia, based on targeted protein degradation. The seed round marks the latest spinout backed by Cambridge Innovation Capital since the launch of its £100m ... Read more ›
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Challenger bank OakNorth’s push into the US market has driven a profit surge revealed in its latest annual report. The Soho-headquartered digital banking provider posted a 16% boost in post-tax profit from the year before, reaching £157.8m at the end of December 2024. This represents the eighth successive increase since OakNorth hit its first full ... Read more ›
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London fintech Wise has opened a new office in London as the fintech marks the next chapter in its global expansion. After more than eight years at the Tea Building on Shoreditch High Street, the money transfer business is moving into new global headquarters at Worship Square – a new nine-story building on Clifton Street ... Read more ›
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One of the UK’s biggest small business lenders said it had seen “heightened demand” for loans as it reported a rise in sales. London-listed Funding Circle saw a 33% increase in loans originations during 2024 to top £1.4bn. The company said it had also saw “rapid adoption” of its shorter-term lending product, FlexiPay, with transactions ... Read more ›
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Most popular sources
Gizmodo
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29% 20 |
Business Insider
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18% 14 |
Tom's Hardware
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11% 10 |
TechRadar
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8% 7 |
Eurogamer.net
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7% 4 |
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22.12.2025 07:05
Last update: 07:00 EDT.
News rating updated: 14:03.
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