This week’s UK tech funding deals include record-breaking quantum computing group Oxford Quantum Circuits, Newcastle spinout Gnosis Health and more. UKTN tracked £480.1m worth of UK tech investment this week (1 June to 5 June), a 367% week-on-week increase across 12 funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Oxford Quantum ... Read more ›
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Elyndra, the self-described “operating system for social care” has secured a £1.1m investment led by Outward VC. The company supplies care managers and frontline staff with AI tools to improve the quality and efficiency of care. Elyndra’s technology analyses relevant data and operational processes to provide insights on improvements. The startup has eyed a significant ... Read more ›
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Glasgow City Council has been hit with a cyber attack that has disrupted services and compromised personal data as local authorities in Britain continue to be targeted by criminals. The council said that its IT supplier CGI discovered malicious activity on its servers, which are managed by a separate third-party supplier, last week. Glasgow City ... Read more ›
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London-listed content solutions firm RWS has acquired the intellectual property of Papercup, an AI dubbing startup that raised £16m in 2022. Founded in 2017, Papercup developed a machine learning system to automatically translate audio content for media companies. The London-based firm’s technology combines voice synthesis and AI voice recognition with editorial tools for human language ... Read more ›
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Sensata Technologies, a US-based industrial tech giant, has opened a new research and development facility in Northern Ireland in a major investment in the UK nation. The New York-listed industrial technology manufacturer’s latest facility, based in Newtonabbey just north of Belfast, will bring together 360 engineers in a single location. The Northern Ireland Technology Centre ... Read more ›
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Google Ventures has led a $35m (£25.5m) Series B investment round for London-based AI company Metaview. The Shoreditch-headquartered firm has developed an AI hiring platform that provides insights based on data from job interviews. Metaview’s AI tools analyse hiring conversations, converting them into real-time insights in a process that the company claims provides a layer ... Read more ›
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A consortium of investment bodies including British Business Bank, VentureESG and the British Private Equity and Venture Capital Association (BVCA) are launching a joint data reporting template to align ESG reporting between GPs and VC-backing LPs. As more fund strategies focus on sustainability and responsible innovation, limited partners will have a greater emphasis on ensuring ... Read more ›
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Cambridge Enterprise, the tech transfer office at the University of Cambridge, will open its first-ever London office as it aims to strengthen collaboration and expand its position among global investors and innovators. The organisation is the commercialisation arm of the prestigious university, responsible for working with founders within the institution to spinout research into viable ... Read more ›
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The British government is centring an incredible amount of its economic strategy on the performance of the AI sector. It is a race that every nation wants to win, and one the UK seems uniquely able to, at least in the context of Europe. By most metrics, the UK is considered a top three market ... Read more ›
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Councils across the UK have faced thousands of suspected data breaches in the past year, according to local government figures. Freedom of Information requests made to a sample of 27 UK councils by encrypted hardware firm Apricorn revealed that the local authorities had over 2,400 suspected data breaches last year, suggesting the sector is under ... Read more ›
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When Rachel Reeves unveiled the second Mansion House Accord last month, she was launching more than just a policy. She was presenting asset owners, investors and end customers with a vision for the future of UK investment. Delivery of this vision will require the entire industry to pull together. Depressingly, nearly two years after the ... Read more ›
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The incorporation of AI across numerous industries has led to a steep decline in graduate roles, according to research from Indeed. The jobs platform found that the number of roles listed for recent graduates had declined by a third year-on-year, dipping to the lowest level in almost a decade, first reported by The Guardian. “Despite the ... Read more ›
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The UK government’s recently announced investment plan for the AI sector “does not come close” to what is required to achieve its ambitions, according to RSM UK’s Ben Bilsland. The government has pledged £2.5bn of investment in AI, alongside £1bn of funding to expand Britain’s compute capacity, figures woefully behind where they need to be, ... Read more ›
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A new prize worth £7.5m has been launched to encourage the development of new treatments for ALS using AI technology. The Longitude Prize on ALS, delivered by Challenge Works and principally funded by the MND Association, has invited medical researchers and biotech teams to present automated approaches to drug discovery to find new treatments for ... Read more ›
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Delivery service Just Eat has unveiled the UK launch of its delivery-as-a-service (DaaS) platform JET Go. The service enables partner brands to receive customer orders through their own channels while tapping into Just Eat’s technology infrastructure and network of independent couriers to offer on-demand, same-day and scheduled deliveries. JET Go responds to the growing consumer ... Read more ›
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An ad campaign for AI startup Artisan has sparked controversy in the UK due to its controversial messaging. The advert, which featured across London public transport, displayed the text “Stop Hiring Humans…the era of AI employees is here“, tapping into anxieties over the possibility of AI technology putting jobs at risk. The tube station near ... Read more ›
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University of Cambridge spinout OutSee, a drug discovery company pioneering an AI-based predictive genomics approach to target discovery, has secured £1.8m. The seed funding round was led by Ahren Innovation Capital with additional investment from Kadmos Capital, Empirical Ventures and Panacea Ventures, and the capital will support OutSee’s overall growth strategy. Invented by Dr Julian ... Read more ›
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Project A, a technology-focused venture capital firm with offices in London and Berlin, has secured £278m to launch its next investment fund. Fund V, which increases the firm’s total assets under management to £1.03bn, will target European startups at the pre-seed and seed stage. The firm claims to have particular sectoral expertise in fintech, global ... Read more ›
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The Competition and Market’s Authority (CMA) has made a major step in addressing the vast online search market dominance held by Google after receiving new regulatory powers. The competition regulator, having completed an initial investigation to determine the extent of Google’s control of the search market, has proposed designating the tech giant as having Strategic ... Read more ›
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London-based fintech giant Revolut has named Béatrice Cossa-Dumurgier, a former executive at BNP Paribas, as the chief executive of its Paris-based Western European operations. Revolut opened its continental European HQ in Paris back in May to serve as a second hub for its business in the European Union alongside its regulated entity in Lithuania. The ... Read more ›
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This week’s podcast guest is Elena Pantazi, a partner at Northzone, who discusses the challenges founders have managing startups in a fluctuating industry, why the UK might not need to compare itself to Silicon Valley and how VCs can unfortunately treat male founders very differently to women. Northzone is a multi-stage venture capital fund based ... Read more ›
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14.06.2026 14:08
Last update: 13:50 EDT.
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