It wasn’t easy getting to Culham — there is no direct service from London. Instead, a train from Paddington takes you to Didcot, where you can catch an hourly, two-car diesel service to the village. As the train gently chugged into Culham station, belching fumes, I looked around to see a ticket office, a row ... Read more ›
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This week’s UK tech funding deals include AI firm ElevenLabs, payments firm Sokin and wealth management platform Prosper. UKTN tracked £54m worth of UK tech investment this week (20th to 24th January), in our third funding roundup of 2025. Here’s your weekly roundup of UK tech startup funding deals. Iplicit – £25m Sector: Accounting HQ: London Round: ... Read more ›
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Shivani Shah, the CTO and co-founder of Samp, an AI-powered ‘Shared Reality’ platform that turns simple 3D scans into intelligent virtual replicas of industrial sites. With a PhD in machine learning and a mission to solve deep technical and societal challenges, Shivani is at the forefront of leveraging AI and 3D technology to digitally transform ... Read more ›
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London fintech Sokin has secured $15m debt funding from funds and accounts managed by BlackRock as it accelerates its plans for growth. The payments business, which was founded in 2019, said the funding would allow it to grow its market share, develop new products which enhance its proposition and significantly scale its team including new ... Read more ›
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Shares in Maintel sunk as much as 16% in early London trade after the cloud, network and communications services firm warned on forthcoming regulatory headwinds. The London and Blackburn-based business said the termination of several customer contracts as well as tax hikes announced by chancellor Rachel Reeves in November were putting added pressure on the ... Read more ›
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In the few short weeks since the Government announced the AI Opportunities Action Plan, the AI landscape has shifted dramatically. From a new ‘Pro AI’ administration in Washington, to the unexpected release of DeepSeek, there’s a risk that the UK’s carefully curated plan may already be outdated. January’s events have presented several very pressing questions ... Read more ›
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A campaign group has called for an end to commercial ‘lock-in’ in the cloud market in a bid to give domestic operators a greater opportunity to compete. The Open Cloud Coalition, which was formed in October last year, condemned the “anti-competitive practices” by Big Tech cloud operators such as discriminatory licensing, lack of interoperability and ... Read more ›
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The biggest operator of e-bikes in London has vowed to sort out the capital’s e-bike parking problem after unveiling a £20m ‘action plan’. The California-based business said the five-point plan will help deal with the fallout from rising demand for e-bikes, leading to overcrowded parking areas and poorly parked e-bikes. That will be led by ... Read more ›
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HR management platform Zelt has raised $6m in fundraising to expand its product set and offer services in new territories. The London-based business has designed software allowing organisations to manage their workforce across the employee lifecycle in a single system, simplifying and automating people processes across HR, Finance and IT functions and allowing them to ... Read more ›
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Open Banking startup Yavrio has raised $2.4m in a seed funding round to help support its mission to modernise the enterprise resource planning (ERP) space. The London fintech has been setup to eradicate error- and fraud-prone CSV file imports in ERP systems, many of which do not have embedded banking or payments and still rely ... Read more ›
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A London-based app business looking to become a “Shazam for art” has raised £1.5m in a funding round. Founded in 2015, Smartify is an app and digital platform that partners with leading arts and cultural institutions worldwide to enhance visitors’ experience with audio and visual guides. The firm said the investment will accelerate Smartify’s mission to ... Read more ›
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A platform seeking to to ditch “painful PDFs and old fashioned technology” from the wealth management industry has raised £4m in a funding round. The platform, which has over £200 million in assets under administration, is seeking to be at the forefront of transforming wealth management by combining innovative technology with expert financial insights. With ... Read more ›
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Raspberry Pi shares fell as much as 6% in early London trade after the computing firm said it expected to report a fall in earnings. The Cambridge-based business said it anticipated full-year EBITDA of not less than $36m for 2024, a drop of 17% compared to the previous year and below market expectations of $36m. ... Read more ›
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Poor levels of competition in the cloud market could be costing the UK hundreds of millions of pounds a year, a study by Britain’s competition regulator has found. The Competition and Markets Authority (CMA) said it had provisionally found that there are adverse market effects in cloud services provided in the UK, meaning that competition ... Read more ›
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Computacenter has said a planned rise in National Insurance Contributions (NICs) will cost it as much as £5m in 2025, highlighting the scale of the cost pressures that the tax hike will put on large employers in the sector. The Hatfield-based technology and services provider, which made the prediction in a trading update on Tuesday, ... Read more ›
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There are few Brits better positioned to give advice to startups than Robin Saxby. As the founding CEO of Arm, he led the firm from humble beginnings as a startup based out of a barn in Cambridge to be worth over $10bn. Though he left the company to retire in 2006, the foundations he laid ... Read more ›
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A London startup has become the UK’s most valuable AI business after hitting a $3bn valuation in its most recent funding round, according to reports. ElevenLabs, which produce AI-generated audio, hit the milestone just a year after achieving unicorn status in a previous funding round. According to a report by Tech Crunch, the company has ... Read more ›
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The UKTN Podcast is back with its third episode of 2025. This week’s podcast guest is Brian Mullins, the CEO of AI firm Mind Foundry. Mullins looks at the ethics of using AI, from how the technology should be used with precision in high-risk scenarios, as well as the economic implications of the US dominance ... Read more ›
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Climate market intelligence platform Sightline has secured a $5.5m (£4.4m) seed funding round as it charts a course for rapid expansion. The London-based business has built a platform that organizes the climate ecosystem, providing tactical research and insights, and bringing clarity to climate. It has already attracted more than 70 international clients, such as major ... Read more ›
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Accounting platform iplicit has unveiled a £25m investment from leading technology growth investor One Peak as it prepares to scale the business. The London-based company, has built a cloud accounting platform tailored for businesses that have outgrown basic entry-level systems or who have challenges with legacy on-premises vendors. By delivering the advanced functionality and performance ... Read more ›
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8% 7 |
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Wired
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6% 5 |
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6% 0 |
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22.12.2025 12:53
Last update: 12:46 EDT.
News rating updated: 19:40.
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