The length of time it takes to successfully complete a seed funding raise has risen to fresh highs, new data has shown, underscoring the challenges facing startup founders as they look for sources of capital to grow their business. The average duration of a $1m+ seed funding round rose to a staggering 3.3 years in ... Read more âș
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Zopa has become the latest fintech to expand its presence in Canary Wharf  with plans to double its office footprint in the financial district.  The new location, in Water Street, will bring the companyâs London footprint to 44,000 sq. Ft. The fintech, keen to make a splash among its banking peers in the financial ... Read more âș
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When you look at early-stage investment data from the UK over the last ten years, a clear trend emerges. Despite the resilience of early-stage funding during the downturn, despite the growing maturity of the UK VC ecosystem and despite record numbers of new founders entering the market, itâs taking new startups longer and longer to ... Read more âș
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This weekâs podcast guest is Michelle He, co-founder and COO of London-based fintech Abound, who discusses how companies like hers are modernising the lending industry, why the UK is the best place in the world for an Open Banking startup and why the future has room for fintechs and traditional finance. Abound provides credit products ... Read more âș
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The head of the UK Atomic Energy Authority (UKAEA), Prof Ian Chapman, will take over as chief executive of Britainâs research and innovation funding body with a focus on backing R&D to fulfil the governmentâs growth plans. Chapman will lead the team at UK Research and Innovation (UKRI), the largest public research funder in the ... Read more âș
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This weekâs UK tech funding deals include legal AI firm Luminance, semiconductor materials developer Cambridge GaN Devices and more. UKTN tracked ÂŁ122.9m worth of UK tech investment this week (17 February to 21 February), a 34% week-on-week decrease across 11 funding rounds. Hereâs your weekly roundup of UK tech startup funding deals. Luminance â ÂŁ59.5m ... Read more âș
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Biome Technologies, a developer of plastic-alternative materials, has become the latest biotech business seeking to ditch its AIM listing after the stock fell more than 90% in a year. The company said on Friday that it has proposed the cancellation of shares from trading on AIM, with the ultimate decision subject to approval at the ... Read more âș
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Automotive software group Pinewood has agreed to acquire the outstanding 91% of share capital of AI SaaS platform Seez in a deal worth ÂŁ33.3m. Pinewood, which provides software for vehicle vendors, has been on a push to incorporate automation into is tech offering, having rolled out its AI product across 155 dealerships in a deal ... Read more âș
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Georgina Robinson is the co-founder of Gladys, a Bath-based platform to connect families with trusted carers in their local area. In this weekâs Founder in Five Q&A, Robinson discusses not agonising over feedback when starting your business, promoting diversity by taking action and going from barrister to tech founder. Which role was the most important early ... Read more âș
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In their book No Ordinary Disruption, Richard Dobbs, James Manyika, and Lola Woetzel, conclude that the fundamental change caused by urbanisation, technological change, globalisation and demographic ageing on world economies and societies is happening â10 times fasterâ than the industrial Revolution â at â300 times the scale, or 3000 times the impactâ. The Prime Ministerâs ... Read more âș
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Private share trading platform JP Jenkins will deploy AI technology to handle its ESG reporting through a deal with London-listed Insig AI. Insig AIâs software will be used to quantify and analyse datasets, such as company disclosures, to generate peer group comparisons in an instant and traceable manner. Through the deployment of Insig AI, JP ... Read more âș
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Shares in Tekcapital, an investor and tech transfer office targeting the intellectual property in British universities, jumped more than 10% on Monday after it reported its portfolio value grew by over a third in 2024. The London-listed groupâs portfolio holdings rose 38% to $64.2m (ÂŁ50.9m) last year, in a promising sign for the value of ... Read more âș
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UKTNâs latest dive into regional tech ecosystems is all about the Solent Region of the UKâs south coast, featuring the tech hubs of Southampton, Portsmouth, Bournemouth, the Isle of Wight and more. It is fitting that much of the research conducted by UKTN that has formed the basis of our report into the Solent region ... Read more âș
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This week, I listened to a podcast in which former government adviser turned substacker Sam Freedman complained about the relationship between government and media. Newspapers donât give enough thought to the effects of policy, he said, and are only interested speeches and announcements. âThe government have tried to make use of that by feeding that ... Read more âș
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When digital banks first arrived on the scene a decade ago, Britainâs high street rivals were rattled. Centuries-old institutions that had never seen much competition were suddenly threatened by a group of twenty-something coders in T-shirts. It was an opportune time to disrupt the sector. The 2008 financial crash had wrought havoc on the high ... Read more âș
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The UK is the third largest AI market in the world, behind only the United States and China and if the noise from the government is anything to go by, its AI sector will be one of its most important assets in the world.   So, who are the biggest players in UK AI? Which companies ... Read more âș
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The UK governmentâs tech department has been accused of âdowngradingâ its safety and ethics standards in a blow to its relaunch of the AI Safety Institute as the AI Security Institute. London-based charity fact-checker Full Fact described the rebranding as âdisappointingâ due to the focal shift from bias and transparency to criminal and national security ... Read more âș
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London-listed car retail software company Pinewood Technologies is rolling out its automotive intelligence platform across 155 dealerships through a deal with Global Auto Holdings. The companyâs AI platform, which gives car retailers data-driven commercial insights, will be deployed across all of the Global Auto dealerships in the UK, North America and Scandinavia. The contract marks ... Read more âș
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This weekâs UK tech funding deals include early invoice payment service Revving, frontier AI business Latent Labs and more UKTN tracked ÂŁ185.5m worth of UK tech investment this week (10 February to 14 February), a 361% week-on-week increase across six funding rounds. Hereâs your weekly roundup of UK tech startup funding deals. Revving â ÂŁ107m ... Read more âș
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Arm is gearing up to launch its own chip in a landmark moment for Britainâs most valuable technology company. The Cambridge-based business has already signed up Meta as one of its first customers, according to a report in the Financial Times, with the chip set to be launched before the end of the year. Arm ... Read more âș
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10.03.2026 16:48
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