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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Enterprise software firm Sage has unveiled major enhancements to bring AI-driven insights, automation and connectivity to Sage 50 customers in the UK. The improvements include faster sourcing of reports using natural language AI, which will also be able to quickly generate a company’s cash flow, transaction and sales summaries. In addition, AI-powered data extraction and ... Read more ›
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Private equity and venture capital interest in healthtech has surged and activity shows no sign of abating this year. But some investors are learning the hard way that a glossy pitch deck and polished paperwork are not enough to secure funding, especially when a company’s value hinges on access to sensitive health data, such as biometric ... Read more ›
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UK water regulator Ofwat has awarded £42.7m in funding across 16 projects from firms developing technology supporting the sector as part of the group’s Water Breakthrough Challenge. The projects funded include Smart Skies, Healthy Waters, a plan to use automated drones, robotics and sampling to improve coastal water monitoring and SandSCAPE, a collaboration between four ... Read more ›
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Butternut Box, a company that produces fresh dog food, has secured a debt financing facility of €75m+ (£63m+) from AI-driven private credit firm Liquidity. The funding is set to enable Butternut Box to solidify its position in Europe with the development of a second manufacturing facility in Poland. The London-based firm was founded in 2016, ... Read more ›
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UK Research and Innovation (UKRI), Britain’s national scientific funding agency, has been targeted by 5.4 million cyber-attacks already this year, a 600% on the previous year. Official figures disclosed from an FOI request from the Express revealed that UKRI, the largest public research funder in the country, in the first four months of 2025 saw ... Read more ›
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Senior managers are leading the charge when it comes to adopting and integrating AI in the UK, new research has revealed. The majority (57%) of senior managers are already actively using AI in their work, compared with 45% of employees, according to a survey of more than 3,000 workers across different levels of seniority conducted ... Read more ›
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FinLLM, a British-made generative AI model for the financial services sector backed by Lloyds and Nationwide, has launched. Developed by Scottish group Aveni, the financial large language model has been trained on the UK’s stringent regulatory compliance, safety and performance requirements. According to Aveni, FinLLM works similarly to existing AI chatbot tools like ChatGPT and ... Read more ›
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This week’s podcast guest is Sam Nasrolahi, principal at InMotion Ventures, who discusses the difference between corporate investment arms and standard venture capital, why UK companies often don’t scale up in Britain and the impact of the turbulent tariff policies in the United States. InMotion Ventures is the investment arm of British automotive group Jaguar ... Read more ›
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The Sidemen, a group of British YouTubers with a combined following of over 150 million, have launched a new venture capital firm targeting consumer tech startups. The new firm, known as Upside, will aim to find up-and-coming consumer tech firms to invest in and promote across the group’s popular social channels. The firm has already made ... Read more ›
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At a time when software can be developed faster than ever, a panel of tech leaders made a strong case for rethinking how we define success in product delivery. Their message was clear: traditional frameworks and outdated KPIs are no longer enough — what matters now is impact. The conversation centred around a shared frustration: ... Read more ›
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Details of the Private Intermittent Securities and Capital Exchange System (PISCES) has now been unveiled. Now under a month until launch, this is what UK tech needs to know about the new investment framework. What is PISCES? PISCES is a framework developed by UK financial regulators as an IPO-alternative for companies to openly offer shares ... Read more ›
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Global fintech Revolut has unveiled a new Western Europe HQ in Paris, aligned with its application for a French banking licence to support regional growth. The firm made the announcement as part of today’s Choose France Summit, and as part of its expansion, the company is set to invest more than €1bn in the region ... Read more ›
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Artificial intelligence has become the UK’s largest and fastest developing skills gap in 15 years, according to new research. AI has jumped from the fifth most scarce technological skill in the UK to the top in just 18 months, according to the Nash Squared/Harvey Nash report. The report’s survey of UK tech leaders found that ... Read more ›
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The Department for Science, Innovation and Technology (DSIT) will unveil a new 10-year research and development budget to provide long-term certainty to researchers and industry. R&D budgets have traditionally been set annually, which has been a source of criticism from the tech industry and research teams who struggle to make long-term plans and investments without ... Read more ›
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This week’s UK tech funding deals include CRM provider Ascendx, satellite manufacturer Space Forge and more. UKTN tracked £230.8m worth of UK tech investment this week (12 May to 16 May), a 291% week-on-week increase across 10 funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Ascendx – £83m Sector: SaaS HQ: London Round: Early ... Read more ›
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55 million. That’s the number of people who lost power during the blackout in the Iberian Peninsula. Transport came to a standstill, surgeries were postponed, teachers taught in the dark, families ate by candlelight. Onlookers described it as “post-apocalyptic.” The saga was a brutal reminder that no modern society is as self-sufficient as it thinks. ... Read more ›
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Martin Kassing is the founder and chief executive of Upvest, a platform founded in 2017 that enables fintechs to offer their end users the full range of investment opportunities and brokerage services securely and across international borders. The Berlin-headquartered firm has been FCA licensed since October 2024 and raised €100m in its latest Series C ... Read more ›
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The NHS has urged its suppliers in an open letter to commit to stronger cybersecurity practices amid rising threats. Britain’s health service has called on its suppliers to agree to a voluntary cybersecurity charter that aims to shore up the NHS supply chain and critical systems in the face of a ransomware “endemic”. A handful ... Read more ›
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The UK public sector is not ready to implement the AI and digital transformation schemes championed by the government, according to new research. Though Prime Minister Keir Starmer and Tech Secretary Peter Kyle have made bold claims about the transformative power of AI on public services and the billions that can be saved, a new ... Read more ›
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Martello, a platform using AI to conduct environmental risk assessments, has secured £1.2m in its latest funding round. The startup has developed technology that aims to make risk analysis in property transactions faster and more effective. Environmental assessments are a key process in any property transaction that often relies on vast volumes of data points ... Read more ›
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14.06.2026 22:13
Last update: 21:50 EDT.
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