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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Monday.com has opened the doors of its new 80,000 sq ft European HQ in London, signalling confidence in the “local ecosystem”. The Nasdaq-listed software firm, with a market cap of almost $15bn, has almost doubled its headcount in the British capital and by June expects its total London workforce to surpass 300 staff. “Our London ... Read more ›
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Cyber security software company Trend Micro has launched of a UK-hosted instance of its Vision One platform, an enterprise-grade solution that monitors threats across endpoints, cloud, email, networks and identities. By hosting the platform in the UK, Trend Micro says that this will ensure that sensitive security data remains subject to national jurisdiction, building digital ... Read more ›
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This week’s UK tech funding deals include SaaS platform Stotles, 3D environment generating AI group SpAItial and more. UKTN tracked £51.75m worth of UK tech investment this week (26 May to 30 May), a 48% week-on-week decrease across eight funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Stotles – £9.7m Sector: SaaS ... Read more ›
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When it comes to investment in startups and innovative early-stage companies, the UK has a self-sufficiency issue. Over the last decade, a shortage of funding from domestic investors – particularly for innovative tech companies at the mid to late stages – has forced many to seek overseas financial support to sustain growth. This decline in ... Read more ›
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Andriy Dovbenko is the founder and principal of UK-Ukraine TechExchange, an organisation conceived in 2023 to build important bridges between the UK and Ukrainian tech ecosystems. The non-profit organisation connects start-ups operating in defence and agricultural sectors with capital and individuals who can get technologies to market faster via in-field testing. It has an extensive ... Read more ›
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Web3-focused accelerator group Outlier Ventures has partnered with blockchain company Midnight Foundation to launch a new programme to advance the adoption of privacy-enhancing technologies. Privacy-enhancing technologies (PETs) are a type of cryptographic technique that allows the sharing and processing of data without exposing sensitive information. The accelerator will focus on applications of the technology in ... Read more ›
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Applied Computing, a startup that has developed a foundational AI model for the energy sector, has closed a £9m seed round led by Deliveroo investor Stride.VC. Founded in 2023, Applied Computing has developed Orbital, an AI management platform for firms in oil, gas and petrochemicals. Trained on data from downstream energy facilities, Orbital works to ... Read more ›
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Darren Hardman, chief executive of Microsoft UK and speaker at this year’s London Tech Week, discusses how Britain is faring in the global tech market and what the future hold’s for the country’s AI ambitions. How do the world’s largest tech companies view the UK as a market? The UK stands out as one of ... Read more ›
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Velocity, a new fintech startup from Volt.io co-founder Tom Greenwood has emerged from stealth with a $10m (£7.4m) pre-seed funding round. Velocity aims to bridge the gap for businesses between traditional and digital assets with a platform to manage transactions made with both fiat currency and stablecoins. The Velocity stablecoin payment account will allow businesses ... Read more ›
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Game-changing advertising competition, TV Stars 2025, created by All Response Media, has announced that Wype, a trailblazing bottom care brand, has secured the coveted prize of £50,000 a fully funded TV advertising campaign. In January, 60 of the UK’s most innovative startups entered the 2025 edition of TV Star, in a bid to win a ... Read more ›
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Science and technology have been heavily positioned as economic drivers in the government’s strategy of growth at all costs. In that spirit, top line politicians such as Chancellor Rachel Reeves and Science Minister Lord Vallance have been calling for the creation of “Europe’s Silicon Valley”, echoing the platitudes of Reeve’s predecessor Jeremy Hunt. As part ... Read more ›
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Amid ongoing public sector reform, Keir Starmer’s Labour government must turn AI dialogue into tangible progress. With a renewed focus on innovation and the launch of Matt Clifford’s AI Opportunities Action Plan, the stage is set for a meaningful digital transformation. One of the most promising developments is agentic AI, a new generation of systems that go ... Read more ›
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NavLive, a startup developing AI scanning devices for architects, property developers and construction firms, has secured £4m in funding. Developed by academics in robotics research at the University of Oxford, NavLive’s handheld device can scan buildings and generate precise site drawings. The company said property firms can instantly draw up 2D and 3D building models, ... Read more ›
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London Collective Investment Vehicle (CIV) has become the first local government pension scheme pool to back a new initiative aimed at increasing funding for early-stage startups. London CIV, which manages the local government pensions for the 32 boroughs of London and the City, has agreed to work with the British Business Bank on the launch ... Read more ›
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London-listed customer feedback platform Trustpilot removed 4.5 million fake reviews last year after introducing generative AI into its platform. Fake reviews have long been a source of frustration from the company as businesses flood the platform with false feedback. Tackling the issue has been a top priority at the company and in 2024, doubling down ... Read more ›
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A leading AI research institute has criticised the government for pressing ahead with a mass facial recognition rollout without adequate regulation in place. The UK has been trialling facial recognition technology for law enforcement for several years, with almost 800,000 people having already had their faces scanned by the Metropolitan Police since 2020. This summer ... Read more ›
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OpenPayd, a global payments and banking platform, has launched its stablecoin infrastructure to enable businesses to move and manage digital assets through one platform. The platform connects local and international fiat rails to all major blockchains, enabling businesses to view, hold, make and receive payments across any digital currency and any rail globally. With this ... Read more ›
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UK payments technology provider Dojo has secured an investment of $190m (£141m) from Vitruvian Partners, a global growth investment firm. The funds enable Dojo to significantly accelerate the company’s growth in the UK and expansion across European markets. Since its launch in 2021, Dojo’s mission has been to reinvent the payments landscape to grow in-person ... Read more ›
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Authorised push payment (APP) fraud declined in 2024 following regulatory and industry interventions. Total fraud rates, however, remain largely unchanged as scammers look to other avenues according to new research. In the annual fraud report from UK Finance it was revealed that APP, a form of fraud in which someone is tricked into approving a ... Read more ›
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New research has revealed that more than 60% of UK IT tech leaders now feel that the government’s use of US cloud services exposes the country’s digital economy to significant risks, damages its domestic industry and threatens data security. The survey, compiled by cloud computing firm Civo, received responses from over 1,000 UK-based IT leaders ... Read more ›
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14.06.2026 20:41
Last update: 20:35 EDT.
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