Championing national talent and enterprise was a key message from Chancellor Rachel Reeves’ Spending Review at the House of Commons this afternoon. The chancellor outlined how the government intends to spend the £600bn budget, which included a focus on supporting investment in new startups via the British Business Bank, funding boosts for nuclear energy and ... Read more ›
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The rise of agentic AI could lead to a major shift in the startup funding model as businesses seek less involvement from investors preferring to go to market on their own, according to a leading venture capital partner. Speaking on a London Tech Week panel about building on the AI start-up momentum, Alex Schmitt, partner ... Read more ›
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Dr Maja Pantic has been appointed as NatWest’s first chief AI research officer to advance the bank’s AI capabilities to meet customer needs and drive research and innovation efforts across the bank. Pantic brings deep AI research expertise to the role, currently serving as professor of affective and behavioural computing at Imperial College London and ... Read more ›
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Findings released by cybersecurity platform Trend Micro has exposed weaknesses in the UK public sector’s cyber defences, as 60% of IT leaders say a successful cyber-attack is “only a matter of time”. The research, which surveyed 250 IT public sector leaders with cybersecurity responsibilities, viewed phishing as the most significant threat over the next two ... Read more ›
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Scotland will be home to the UK’s most powerful supercomputer to unlock a decade of national renewal through artificial intelligence, the government has revealed. The Chancellor has now confirmed up to a further £750m to build the UK’s new national supercomputer at the University of Edinburgh. Edinburgh’s new supercomputer will give scientists from across the ... Read more ›
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Luminance, an AI legal tech startup based in London and Cambridge, is continuing with its international expansion with the opening of an office in Sydney, Australia. Having raised $75m (£55.5m) in a Series C round in February, Luminace has been rapidly growing its global footprint. In the past year it has opened offices in San ... Read more ›
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Noah, a startup building infrastructure for stablecoin payments, has announced a $22m (£16.3m) seed funding round led by LocalGlobe. The London-based company is betting big on the future of stablecoins – digital cryptoassets tied to fiat currencies like the US dollar or British pound. Noah said the technology combines the reliability of traditional assets with ... Read more ›
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Harnessing AI for a safer digital world was a lead panel at day two of London Tech Week 2025. Leaders in the AI space spoke about how businesses can prepare themselves against cyber threats and how AI can be utilised effectively in helping to do so; whilst being aware of its risks. “The encouraging position ... Read more ›
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SoftBank-backed self-driving software group Wayve will trial fully autonomous vehicles for the first time in public roads in London, through a partnership with Uber. Wayve’s embodies AI platform will be combined with Uber’s mobility network in a significant step towards a full-scale European launch of autonomous vehicles. “This is a defining moment for UK autonomy. ... Read more ›
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Scottish climate tech group Impact Recycling has secured £3.3m in new funding supporting its polymer recycling technology. Founded in 2014, the company has developed a proprietary system for recovering high-purity recycled polymers from consumer waste. Impact Recycling’s water-based density separation technology, called Baffled Oscillation Separation System, or BOSS, separates mixed plastic waste into rigid and ... Read more ›
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To a packed audience at London Tech Week’s main stage, Secretary of State for Science, Innovation and Technology Peter Kyle outlined how the government intends to shape the digital landscape. His message was one of optimism, but also one that outlined the need for risk-taking to achieve results. He addressed the crowd with his ambitions ... Read more ›
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This time in 2024, the UK’s quantum computing sector was riding a wave of optimism, buoyed by record levels of investment and the commitments laid out in the government’s 10-year, £2.5bn National Quantum Strategy. But in 2025, no public calls for quantum computing projects have been issued all year, and Sir Patrick Vallance recently confirmed ... Read more ›
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British quantum computing group Oxford Ionics has agreed to be acquired by American giant IonQ in a deal worth over $1bn. The transaction will combine the technologies of the companies, both of which are considered leaders in trapped ion quantum computing. IonQ, which develops high performance systems based on trapped ion technology, said it was ... Read more ›
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On the opening day of London Tech Week 2025, Prime Minister Keir Starmer introduced keynote speaker and NVIDIA chief executive Jensen Huang with an announcement that the $3.5tn firm would be partnering with the UK. Speaking alongside Starmer and former Darktrace boss turned Investment Minister Poppy Gustafsson, Huang lauded the achievements of the British AI ... Read more ›
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Teal, a fintech startup building a payroll data platform for the credit industry, has raised £1.4m in a pre-seed funding round. The London-based group was founded to address the problems with traditional processes for credit checks for lending. Teal has developed tools to offer firms real-time income and employment data, rather than requiring the use ... Read more ›
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This week’s podcast guest is Tanya Suarez, chief executive of IoT Tribe and head of the JANUS consortium, who discusses why UK defence underinvestment has left the country vulnerable, the rising danger from international actors and the surprisingly thriving startup ecosystem in the defence tech sector. IoT Tribe is an accelerator group that was appointed ... Read more ›
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AI-powered legal tech company, Definely, has raised $30m (£22m) in Series B funding to accelerate its global expansion and AI product roadmap. The round includes investors from Europe and North America, and it is led by growth investor Revaia, alongside Alumni Ventures, Beacon Capital, and legal tech giant, Clio. Early investors, including Octopus Ventures, Zrosk ... Read more ›
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Global AI-driven private credit firm Liquidity has launched its European headquarters in London. Situated in Soho, the location will serve as the operational hub for a team of 14 investment professionals. “We are thrilled to establish a strategic base in London, a key market brimming with financial leadership and technological innovation that also positions us ... Read more ›
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The UK tech industry has a combined market value of $1.2trn in the first half of 2025, according to new research. UK tech startups have raised more than $7bn in venture capital investments in the first half of the year, which included the biggest first quarter fundraise of the past three years, according to the ... Read more ›
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Today marks the launch of the government’s TechFirst programme, a £187m initiative to bring digital skills and AI learning into classrooms and communities to train people of all ages and backgrounds for future tech careers. It comes as research commissioned by the Department for Science, Innovation and Technology (DSIT) shows that by 2035, around 10 ... Read more ›
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14.05.2026 05:45
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