UK AI startups have raised $2.4bn (ÂŁ1.7bn) in venture capital funding in the first half of the year, marking the highest share of VC investment for the sector on record. AI companies represented 30% of all venture capital funding secured by British companies in the first half of 2025, up from the 13% share recorded ... Read more âș
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Property operations platform Plentific has launched new readiness scorecards to support resident safety and for the UK housing sector to prepare for the implementation of Awaabâs Law in October. The scorecards aim to help social landlords assess their compliance risks and take informed action. From October, Awaabâs Law will introduce a new legal duty for ... Read more âș
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The UKâs Data (Use and Access) Act brings useful updates to the countryâs data protection regime â particularly for research-driven and tech-forward businesses â but it doesnât rewrite the rulebook. The Act introduces clarification and incremental changes rather than wholesale reforms. While it leaves much of the substance of the UK GDPR intact, it offers ... Read more âș
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A coalition of UK-based transport technology firms have demanded clarity from the government on a crucial deadline determining when the wide rollout of autonomous vehicles in British cities can take place. The group, which includes trade body Intelligent Transport Systems UK and parking data company AppyWay, has sent an open letter to Minister for Future ... Read more âș
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In a bidding war between two US private equity giants, KKR has outbid Advent International to takeover UK software firm Spectris in a deal worth ÂŁ4.7bn including debts. Under the terms of the agreed acquisition, shareholders will receive ÂŁ40 per share; a 6.3% increase of the ÂŁ37.63 per share deal Advent had previously offered in ... Read more âș
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NHS patients nationwide will get accelerated access to cutting edge technology through a new digital system that promises to cut red tape and boost life sciences. A new so-called âinnovator passportâ is set to introduced over the next two years, and will allow new technology that has been assessed by one NHS organisation to be ... Read more âș
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Global communications giant Havas is to open a state-of-the-art office in Manchesterâs Knowledge Quarter, within one of the cityâs largest new developments. The 31,500 sq ft hybrid workspace is situated within Bruntwood SciTechâs ÂŁ87m No.3 Circle Square development. This move will see Havasâ six Manchester-based agencies come under one roof, which involves the relocation of ... Read more âș
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AI home monitoring, smell detectors and new transcription tools are among the tech projects under consideration for pilots by the Ministry of Justice. A total of seven tech firms have presented pitches to Prisons and Probationâs Minister James Timpson as part of a Ministry of Justice scheme to incorporate new tech into criminal management. The ... Read more âș
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âFragmented rulesâ and âregulatory complexityâ are slowing down the release of financial products, according to Technology Secretary Peter Kyle. Speaking at the financial conference City Week, Kyle announced the recently formed Regulatory Innovation Office, an agency tasked with cutting red tape and improving efficiencies among regulators, would target restrictions that he claimed were holding back ... Read more âș
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The British Private Equity and Venture Capital Association (BVCA) has identified ÂŁ190bn of funds held by investors expected to be deployed over the next five years. The investment trade body, which gathered the data from over 2,000 funds, has therefore published a series of recommendations on how the untapped funds can be used to most ... Read more âș
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Life science startup Laverock Therapeutics has extended it seed round to more than ÂŁ20m with additional backing from new and existing investors. The company, which uses gene control technology to support the development of disease-responsive advanced therapies, raised ÂŁ13.5m in 2023 seed round. The seed extension investment follows the successful development of the companyâs platform. ... Read more âș
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Inclutech, a Belfast-based company specialising in public and personal safety solutions, has secured an investment of ÂŁ400,000 to accelerate the commercialisation of its products. The companyâs flagship product is TapSOS, an app for those in need of emergency services who are unable to speak. TapSOS is the first, and so far only, government-accredited app for ... Read more âș
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The British Business Bank has unveiled a new Open Office Hours initiative for emerging or potential female investors considering making an application to one of the bankâs equity programmes. The Emerging Female Investor Open Office Hours initiative aims to offer an open and informal space for emerging or potential female investors and is open to ... Read more âș
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This weekâs podcast guest is Ahti Heinla, CEO of Starship Technologies and one of the original creators of Skype, who discusses the surprising truth behind Estoniaâs digital transformation over the past three decades, the massive and enduring impact of Skype and why whether its video calls or delivery robots, his businesses have always been the ... Read more âș
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June marked a milestone moment for UK tech. At London Tech Week, the prime minister delivered his first major address backing the sector, underscoring the governmentâs ambition for Britain to lead in the global innovation race. Announcements followed thick and fast â from the long-awaited Industrial Strategy, to a national push on skills. One year ... Read more âș
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Global tech company HCLTech has announced a multi-year strategic collaboration with OpenAI to drive large-scale enterprise AI transformation. This collaborations aims to enable HCLTechâs clients to leverage OpenAIâs portfolio alongside HCLTechâs applied AI offerings for scaled generative AI deployment. Giancarlo âGCâ Lionetti, chief commercial officer at OpenAI, explores the reasoning behind the new partnership. âHCLTechâs ... Read more âș
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Despite AI and machine learning becoming top priorities for the public sector, digital literacy and leadership have emerged as major barriers for digital transformation according to new research by Granicus. The research, commissioned by the customer engagement and experience platform in partnership with Censuswide, gathered insight from public sector workers in central government, local government ... Read more âș
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Argo Blockchain, a London-listed cryptocurrency mining company, has secured a loan to finance a restructuring that is ânecessary to avoid an uncontrolled insolvency and liquidationâ. The Bitcoin miner announced in its delayed 2024 financial results back in May that there was a âsignificant doubtâ over its continued operations, with its shares briefly being suspended from ... Read more âș
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The government is exploring how it can improve the UKâs energy grid to meet the intensive power demands of the growing AI sector. First convened in April, the AI Energy Council is a joint effort from the Department for Energy Security and Net Zero and the Department for Science, Innovation and Technology, co-chaired by their ... Read more âș
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The state of cybersecurity in the UK has reached a chilling level of vulnerability as cyber criminals have become better than ever at exploiting weaknesses, according to an expert in the field. âThe reality is, the bad guys are doing a better job than the good guys in terms of successfully infiltrating organisations, compromising users ... Read more âș
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Most popular sources
Business Insider
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30% 5 |
Eurogamer.net
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12% 9 |
Android Authority
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11% 6 |
Gizmodo
|
7% 5 |
MacRumors
|
6% 1 |
| View sources » | |
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01.08.2025 18:37
Last update: 18:30 EDT.
News rating updated: 01:30.
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