Manchester-based cybersecurity startup Netacea has raised Ā£4.5m from Mercia Asset Management as a new CEO takes the reins. Founded in 2022 as a spinout from IT consultancy firm Intechnica Holdings, Netacea is a machine learning-based bot detection startup. The platform can be deployed on websites, apps and APIs to detect user behaviour to identify automated ... Read more āŗ
7
The government must avoid weakening the strength of competition regulators in their capacity to manage Big Tech, according to a Conservative peer. Baroness Stowell, Tory peer and chair of the House of Lords Communications and Digital Committee, has written to the prime minister emphasising the importance of robust competition regulation as the Digital Markets Bill ... Read more āŗ
12
With just two weeks to go until the UK hosts the first international summit on AI safety, the Conservativeās AI boss spoke to UKTN about the focus of the event, criticisms of it, and the symbolic importance of its venue. Jonathan Berry, the Viscount Camrose and a hereditary peer, was appointed by the prime minister ... Read more āŗ
2
An AI startup that has created image recognition tools for businesses has secured Ā£2.2m in funding. London-based Captur has built a platform that lets businesses use a smartphone camera for bespoke image recognition applications in sectors including logistics, transportation and automotive. One such example is a delivery driver using a smartphone camera to verify that ... Read more āŗ
2
Todayās knowledge workers often get lost in decision-making. When using so many different collaboration apps and productivity tools, it can be really hard to know how to get it right. Thatās why business transformation experts, Adaptavist, and work management leaders monday.com are coming together on Thursday to host an inaugural London community event at Adaptavistās ... Read more āŗ
2
Reducing the digital divide among the UKās nations and regions could provide a Ā£4.8bn boost to the economy, a new report has found. Despite digital infrastructure improvements across the UK, trade association techUK said it had found a stark gap between some nations and regions. For the first time the Local Digital Index ā now ... Read more āŗ
1
Cryptocurrency exchange Binance has halted the onboarding of UK customers amid a regulatory crackdown from Britainās financial watchdog. Binance announced on Monday evening that it would not take on new customers in the UK, giving them a one-hour notice of the change. The worldās largest crypto exchange had been exploring its options to provide its ... Read more āŗ
24
Entrepreneur support network Tech Nation officially relaunched on Monday with a pledge to help startups on its cohorts secure a cumulative Ā£10bn in funding over the next five years. Tech Nation closed operations in March after losing aĀ bid for a Ā£12m government grantĀ ā its primary source of income ā to Barclays Eagle Labs. Founders Forum ... Read more āŗ
1
Beta Bugs, a Scottish startup that genetically engineers insect eggs for alternative protein farming, has raised Ā£1.72m. Founded in 2017, the Edinburgh-based company has developed a selective breeding programme and egg production site for black soldier flies for use as livestock feed. The practice of insect farming has exploded in popularity, with a recent study ... Read more āŗ
194
In this episode of the UKTN Podcast, Eileen Burbidge, partner at Passion Capital, discusses the lessons she learned from working in Silicon Valley during the dot-com bubble, examines the differences between the UK and US tech sectors, and shares how reproductive health support is the new frontier for employee benefits. Ā You can listen to ... Read more āŗ
2
Birminghamās tech ecosystem is set to benefit from a Ā£1m investment from TechWM, the not-for-profit startup advocacy group. Announced during the groupās industry event, Birmingham Tech Week, the funding will go towards a new acceleration programme for scaling regional startups. The investment will also go towards an ecosystem platform that will collate all of the ... Read more āŗ
0
Scottish venture capital firm Par Equity has announced the first close of its Ā£100m northern startup fund. The VC today announced it had closed Ā£67m with an aim to hit the Ā£100m target sometime next year. Looking to address the funding gap in the UK for tech startups outside London, Par Equityās latest fund will ... Read more āŗ
12
The government has unveiled a Ā£32m funding pot for businesses and research teams looking to incorporate AI technology in new use cases. AI projects across a diverse range of areas including fashion and agriculture will be supported by government funding in the lead up to the AI Safety Summit. An additional Ā£5m has been awarded ... Read more āŗ
0
The government has unveiled the agenda for the opening day of its AI Safety Summit in November that will focus on the risks of frontier AI. The two-day event set to take place in Bletchley Park from 1 November will open with parallel sessions on understanding frontier AI risks including to national security. Topics will ... Read more āŗ
2
Next month more than 70,000 people are expected to descend on Lisbon for the annual Web Summit. Representing fast-growth businesses, policymakers, founders and CEOs of some of the worldās largest tech businesses, the four-day summit will look to answer the question ā whatās next for the tech industry? Web Summit is also home to the ... Read more āŗ
1
The UK technology sector has been buffeted by significant changes over the last few years. From the switch to remote working due to the Covid-19 lockdowns and increased reliance on the cloud, to the most recent developments in generative AI, digital technology has never been more integral to everyday life. While this is an inevitable ... Read more āŗ
3
A group of London universities have collaborated to launch an initiative to provide funding and support for social venture startups in the city. The London Social Venture Fund from University College London (UCL) and Queen Mary University of London will provide early funding for startups pursuing a āsocial goalā. In total, there are 11 London ... Read more āŗ
6
The sudden and violent outbreak of war in Israel-Palestine this week has rocked the UKās Israeli tech community. More than 400 Israeli tech companies operate in the UK, collectively employing 6,300 UK residents. Several high-profile tech firms founded in Israel are now headquartered in London, including Gett, Plus500 and Rapyd. UKTN reached out to more ... Read more āŗ
0
A Treasury-backed review of the UKās university spinout ecosystem has been delayed from its end-of-summer publication date. UKTN understands that the Treasury is now working towards publication before the Autumn Budget on 22 November. Led by figures from academia and venture capital, the independent review will identify the best practices for commercialising university research. It ... Read more āŗ
0
The tech secretary has called on technology companies to lend their ācapabilities and expertiseā to support Israel against Hamas. In a letter written to UK tech companies Michelle Donelan, the secretary of state for the Department of Science, Innovation and Technology (DSIT), urged technology firms to rally behind Israel as the conflict in Gaza intensifies. ... Read more āŗ
0
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30.11.2024 07:45
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