This week’s UK tech funding deals include AI scientific research lab Inherent, biomaterials company Mykor and more. UKTN tracked £102.7m worth of UK tech investment this week (25 May to 29 May), a 20% week-on-week decrease across six funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Inherent – £37.2m Sector: AI ... Read more ›
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Scotland Women in Technology (SWiT) will fund two new cohorts of The Data Lab’s Data and AI Leadership Programme in a bid to boost AI leadership skills among women working in the Scottish tech ecosystem. The news is part of a wider multi-year partnership between SWiT and The Data Lab to create opportunities for early ... Read more ›
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Seraphim Space Investment Trust (SSIT) has announced plans to raise up to £350m through a C-share offering. The spacetech investor says it intends to invest in companies that have come through its accelerator programme or venture fund, in addition to investing in new growth opportunities. The proposed fundraise follows a period in which SSIT private‑market ... Read more ›
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Cambridge-based medtech PlaqueTec has raised $5m (£3.7m) in an oversubscribed financing round funded by the company’s existing investor base. PlaqueTec is pursuing a better understanding of the biological mechanisms of atherosclerotic cardiovascular disease (CVD) to advance the development of precision medicine. Atherosclerotic disease causes plaque build-up that narrows or blocks the arteries that supply blood ... Read more ›
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The United Kingdom has a ‘significant opportunity’ to lead the next wave of robotics innovation and deployment, according to a new report published today by techUK. The Seizing the Robotics Opportunity report highlights how breakthroughs in AI, sensing technologies, computing power and advanced materials are converging to create increasingly capable, connected and autonomous robots. It ... Read more ›
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This week’s UK tech funding deals include AI management platform Cloudsmith, synthetic fuel developer Rivan and more. UKTN tracked £103.3m worth of UK tech investment this week (20 April to 24 April), a 35% week-on-week increase across eight funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Cloudsmith – £53m Sector: AI HQ: Belfast ... Read more ›
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Revolut and Wayve investor Balderton has appointed veteran tech executive Phillip Chambers as its latest partner. Chambers, who has spent more than 20 years working across the tech and investment sectors, will focus on early-stage investments at the London-based venture capital group. He has held a number of prominent tech roles, including as the chief ... Read more ›
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Omid Pakseresht is the founder and chief executive of GOODFOLIO, a company building AI systems to solve problems in enterprise environments. In this week’s Founder in Five Q&A, Pakseresht discusses why founders need to be able to think in systems, always understanding how hiring, features, strategies connect with each other. Which role was the most important ... Read more ›
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The UK government “stepped back from the brink” of what could have been an “absolutely devastating” move when it rolled back its controversial AI copyright proposals, according to the artists’ union Equity. Last month the government published a report updating its position on AI copyright policy. In it, it was announced that it would no ... Read more ›
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The UK’s Financial Conduct Authority (FCA) has continued its push to target social media-based investment influencer as part of an international coalition. The FCA has in the past few years made clear its position on so called ‘finfluencers‘, social media personalities that promote high-risk investments in areas including crypto and forex with no authorisation or ... Read more ›
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Northern Gritstone has secured £20m in new funding commitments to support its investments in the life science and deep tech sectors of the north of England. The funding boost came from existing shareholders in the venture capital group, including a cornerstone investment from the British Business Bank and follows significant fundraising by Northern Gritstone last ... Read more ›
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More than half of venture capital investment in the UK now goes to firms outside of London, highlighting the growth and significance of regional ecosystems, a new report has found. In a comprehensive analysis of UK-based investment term sheets by HSBC Innovation Banking, it was found that regional funding rounds now account for just over ... Read more ›
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The number of new technology companies incorporated in the first quarter of 2026 surged to a record high despite geopolitical tensions and uncertainty, according to audit, tax and consulting firm RSM UK. RSM’s analysis shows there were 16,887 new tech incorporations in Q1 2026, up 39% from 12,184 the same quarter last year, and increasing ... Read more ›
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Britain is a serious AI power. The launch of the Sovereign AI Unit and a £500m commitment to help the most promising companies reach global scale is a welcome recognition of that strength. But we have an AI advantage that no one is talking about – our connections across the Channel. Britain’s AI strength is ... Read more ›
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University of Bath spinout Naturbeads has raised €4.1m (£3.6m) in EU funding to help set up and support its production plant in southern Italy. Naturbeads is striving to remedy the use of harmful microplastics in everyday products by developing a biodegradable, cellulose-based alternative. Its patented process eliminates microplastic pollution at the source and can be ... Read more ›
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Belfast-based Cloudsmith has raised a $72m (£53.4m) Series C round to accelerate product development and expand its go-to-market capabilities. Cloudsmith is a cloud-native artifact management platform ‘built for the age of AI’. As AI coding agents transform the pace and scale of software development, Cloudsmith gives engineering teams the infrastructure to manage, secure and govern ... Read more ›
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The UK government is meeting with leaders from banking, venture capital and strategic finance in the hopes of encouraging significant investment into the defence industry. Defence Secretary John Healey and Chancellor Rachel Reeves will explore private investment can be used to drive growth in the defence sector and improve the UK’s military readiness as part ... Read more ›
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The Financial Conduct Authority (FCA) has led its first operation to disrupt an illegal peer-to-peer crypto trading scheme. Working alongside HM Revenue and Customs (HMRC) and the South West Regional Organised Crime Unit (SWROCU), the FCA targeted eight locations across London suspected of hosting illegal peer-to-peer crypto trading activities. Peer-to-peer trading refers to when individuals ... Read more ›
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The UK is facing a ‘perfect storm’ for cybersecurity against the backdrop of a new technological revolution, the head of the UK’s cyber agency is set to say at the CYBERUK conference in Glasgow today. Dr Richard Horne, the CEO of the National Cyber Security Centre (NCSC), will say that the meeting of rapid technological ... Read more ›
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Deeptech startup Locai has raised £1m in pre-seed funding to further develop its off-cloud AI infrastructure. Currently, every user interaction generates ongoing fees for cloud providers on servers beyond the user’s control, turning business growth into a liability for both margin and data sovereignty. Locai, which was part of the Google for Startups Accelerator initial ... Read more ›
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Autonomous vehicle and mobile robotics company Aurrigo is to relocate its global headquarters and core design and manufacturing centre to a new UK facility at Power Park in Coventry. The new site will span over 130,000 square feet – more than three times the size of Aurrigo’s current UK facility – and will serve as ... Read more ›
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04.06.2026 15:36
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