This week’s UK tech funding deals include AI material discovery company CuspAI, biomaterial developer Ponda and more. UKTN tracked £565.3m worth of UK tech investment this week (20 July to 24 July), a more than 400% week-on-week increase across 11 funding rounds. Here’s your weekly roundup of UK tech startup funding deals. CuspAI – £334m ... Read more ›
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Louis Taylor will step down as the chief executive of the government-owned investment body the British Business Bank after four years at the helm. Taylor became the chief executive of the group in 2022. Under his leadership the bank has grown significantly, having recently been mandated with a major role in the government’s economic growth ... Read more ›
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Biotech firm Trimtech Therapeutics has raised an additional $14m (£10.6m) in seed funding, bringing the total for the round to $47m (£35.6m). Trimtech Therapeutics is creating novel, highly selective, small molecule targeted protein degraders to combat neurodegenerative and inflammatory diseases. With over 55 million people affected by Alzheimer’s disease and millions more diagnosed with other ... Read more ›
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Two new research labs led by Oxford and University College London are to share up to £60m in government funding to develop breakthroughs in AI. Supported by UK Research and Innovation (UKRI), the government says the labs will open up new avenues for what AI can do. By focusing on changes to the fundamentals of ... Read more ›
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Commercial electric vehicle (EV) manufacturer Superlight has raised an oversubscribed $21m (£15.9m) Series A round. The Yateley-based firm leverages aerospace design principles and software-centric digital architecture to reimagine middle mile logistics. Superlight says demand for middle mile logistics – which involves transporting goods between regional distribution centres and local sorting facilities – is surging, with ... Read more ›
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The resignation of Sir Keir Starmer as prime minister on Monday was not entirely a surprise given his struggle for approval ratings, various plots to power from other figures in the Labour Party and the looming presence of Reform UK. Despite this, the UK under Starmer’s governance could hardly be considered being in the state ... Read more ›
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Houdini Bio, a University of Cambridge spinout emerging from stealth with a novel approach to improving the performance of gene and cell therapies, has raised nearly £1.5m. By redesigning therapeutic DNA to bypass the body’s defence mechanisms, Houdini Bio’s technology enables treatments to remain active for longer inside patients and be administered at lower doses, ... Read more ›
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Bootstrap 4F, the fund manager of the Women Backing Women Fund, has revealed its first three capital commitments since the fund’s £130m first close in March 2026. The commitments to Evertrue Capital I LP, Seedcamp VII LP and Seedcamp Nation II LP mark the beginning of Bootstrap 4F’s active deployment into a select group of ... Read more ›
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Stockport-based Silveray has raised £5m to accelerate production of its next-generation X-ray technology and expand into the healthcare market. Silveray specialises in flexible, ultra-thin X-ray film that could make medical imaging sharper, less rigid and more comfortable for patients. Its technology currently has a number of industrial uses, such as testing the integrity of pipes ... Read more ›
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Isometric has closed a $40m (£30.3m) Series A round to expand its AI certification platform across the industrial certification market. London-based Isometric’s AI agents work alongside human verifiers, reviewing data points and operating in place of slow, manual reviews in sectors spanning from carbon removal and super pollutant reduction to low carbon energy, fuels and ... Read more ›
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This week’s UK tech funding deals include AI operating system Conduct, financial crime compliance platform Flagright and more. UKTN tracked £111.62m worth of UK tech investment this week (15 June to 19 June), a 58% week-on-week decrease across five funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Conduct – £44.72m Sector: ... Read more ›
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Anna King, a longstanding executive in the British health sector, has been appointed to the board of UK Research and Innovation (UKRI). Announced by Secretary of State for Technology Liz Kendall, King will be made a non-executive member of the UKRI board starting from September 2026. King is currently the commercial director at the Health ... Read more ›
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Last week, the Ministry of Justice announced the launch of the advisory AI Growth Labs, a new advisory sandbox designed to accelerate the development and deployment of AI products and services by helping innovators navigate existing regulatory frameworks. The legal sector is the first to participate, driven by strong industry demand and government recognition that ... Read more ›
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Frontier Health, an AI startup offering administrative tools to the NHS, has secured a $16m (£12.09m) seed funding round. Founded by the former healthcare lead at Palantir Technologies, Frontier Health was launched in 2024 to address the issue of understaffed NHS clinics and administrative failures driving up waiting times. The company has developed JUNO, an ... Read more ›
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Attorney General for England and Wales Richard Hermer has instructed his department to no longer use the social media platform X amid concerns over disinformation and the inciting of violence. The instruction from Hermer would mark the first exit from a current UK minister from the platform which has been synonymous with political and government ... Read more ›
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FPE, a specialist private equity investor that focuses on B2B software companies, has secured a £40m commitment to its Fund IV from a UK state-owned investor. The British Business Bank, which previously committed £20m to FPE’s Fund II back in 2017, announced its latest show of support on Thursday. The bank said its cornerstone commitment ... Read more ›
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The Competition and Markets Authority (CMA) has introduced two new conduct requirements for Google’s general search services under the UK’s digital markets competition regime. The first requires that Google improve transparency and fairness in how search results are ranked. The second requires Google to allow users to port their search data to authorised third parties, ... Read more ›
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The future rollout of self-driving vehicles across the UK has moved a step closer as the government seeks the public’s views on the safety rules that will let people own and use them on British roads. The government says the consultation will ensure the technology is rolled out safely and responsibly, giving people confidence in ... Read more ›
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Sage has partnered with Google and Multiverse on an event to help small businesses in the North East gain practical AI skills. The event, supported by techUK and hosted in the region’s AI Growth Zone, comes at a time when many small businesses are understanding how and where to use AI. Sage says while interest ... Read more ›
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Flagright has raised a $12.5m (£9.3m) Series A round to expand AI use cases across compliance operations and increase its US market presence. Flagright is an AI operating system for financial crime compliance. Its unified, risk-based platform centralises transaction monitoring, watchlist screening, investigations and governance so financial institutions can run modern compliance programs on a ... Read more ›
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Conduct, a startup that has developed an “AI operating system” for managing complex software systems, has secured a $60m (£44.72m) Series A funding round. The idea behind Conduct is helping large enterprises continue to run on bloated systems that have had thousands of changes and customisations over the years. Changing or update critical processes regarding ... Read more ›
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28.07.2026 11:49
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