Studio Graphene has launched Pulse, its new proprietary technology platform to enhance project delivery. Pulse has been designed and built in-house to create the best environment for building digital products. The platform tracks and measures performance across every stage of the product development lifecycle, allowing Studio Graphene to gain a deep understanding of its delivery ... Read more ›
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Deep tech investor Northern Gritstone has raised £50m from institutional investors including the investment arm of insurer Aviva. The cash injection brings the Pragmatic Semiconductor and Optalysys investor’s total permanent capital to £362m. Northern Gritstone backs life science and deep tech firms in the north of England, typically at an early stage. “We are very ... Read more ›
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Damisa, a cross-border payments platform from Volt co-founder Jordan Lawrence, has secured a £2.25m pre-seed round. Specialising in cross-border transactions, Damisa’s platform is focused on logistics, real estate, travel and education use cases for international transfers. Lawrence co-founded open banking payments fintech Volt, worth $350m, in 2019, before launching Damisa earlier this year alongside former ... Read more ›
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Shutterstock will share its content library with London-based AI unicorn Synthesia as it trains a new model for its generated avatars. The new agreement grants the research and development team at Synthesia access to Shutterstock’s hundreds of millions of images and videos to support the development of EXPRESS-2, an upcoming AI video and audio model ... Read more ›
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The latest generation of large language model (LLM) chatbots have made great strides and exhibit an impressive range of human-like abilities. In the excitement surrounding these breakthroughs, people have imagined a future where these systems take over entire professions: drafting legal arguments, delivering medical diagnoses, managing complex engineering systems, and even making high-level policy decisions. ... Read more ›
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A new $100m (£77.7m) early-stage European software startup fund has launched from software-focused VC group DIG Ventures. Specialising in seed and pre-seed investments, DIG Ventures will target European businesses in the software, AI and cloud infrastructure sectors. The fund has deployed capital to 15 startups so far, including observability platform Dash0 and AI platforms Nexos.ai ... Read more ›
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Pressure on social media platforms to share the responsibility of tackling fraud is rising as banks and payment firms call for a joint effort. Amid public demands from the likes of Revolut and Innovate Finance for social media to take greater responsibility in supporting fraud victims, a handful of firms have told UKTN they support ... Read more ›
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Around 40% of start-ups built in the UK are destined to fail, so what can we do to reverse this trend? A common denominator often shared by failing businesses is a lack of financial literacy and a minimal understanding of the early warning signs of insolvency. This information must be embedded into every business playbook, ... Read more ›
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OSSTEC, a London-based startup using 3D printing to improve joint replacement implants, has raised £2.5m. There are more than a million knee replacement surgeries performed globally each year and these operations present serious risks, with 35% of patients being at a high risk for failure, requiring revision surgeries, according to the company. Based on a ... Read more ›
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UK tech founders are routinely working brutal hours and sacrificing salaries as they fight for success in the competitive startup scene. A new survey of the portfolio of venture capital firm Antler has found that the majority of British founders felt launching their business was the hardest thing they’ve ever done. The more than 120 ... Read more ›
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A new government scheme to ensure UK AI advancements meet sustainability requirements, will meet for the first time on Tuesday. The AI Energy Council, co-chaired by Tech Secretary Peter Kyle and Energy Secretary Ed Miliband, has been tasked with tackling the environmental issues surrounding the intense energy and water demands of AI technology. Council members ... Read more ›
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The gender pay gap in technology firms has narrowed to a new low in the past year, research by UKTN has found, as industry bosses continue to pursue policies to equalise gender pay despite growing opposition across the pond. The gender pay gap in the UK technology sector stood at 17.5% in the year to ... Read more ›
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London-listed software group Checkit is cutting staff as part of strategic shift towards profitability. The workflow management platform provider said the macroeconomic situation – highlighting UK National Insurance increases and US trade tariffs – has forced it to strengthen its financial position. Following a review of the Cambridge-based firm’s operations and cost base, the group ... Read more ›
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Anthropic is kicking off a hiring spree for its European locations with more than 100 new roles expected across London and Dublin. The Californian AI unicorn behind Claude, founded by former OpenAI employees, said it would be hiring across sales, engineering, research and business operations, with its UK and Ireland offices receiving the bulk of ... Read more ›
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In the past five years, electronic records have replaced paper in most UK health environments. Twenty years of trying, buying, and connecting these systems has created more digitised data on wellness and illness than any group of humans could meaningfully explore in a lifetime. Data scientists can now unleash algorithms into those seas of data ... Read more ›
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This week’s podcast guest is Manjul Rathi, co-founder and CEO of BfB Labs, who discusses the importance of providing broad access to mental health services to as many young people, the value of maintaining commitments to diversity, equity and inclusion and how the success of Adolescence has highlighted the anxieties families have around how children ... Read more ›
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Belfast-based carbon capture startup Nuada has become the first Northern Irish recipient of the EU’s EIC Accelerator prize, securing €2.5m (£2.1m). The accelerator, run by the European Innovation Council (EIC), offers funding and business support to startups in emerging markets in Europe. “The award from the EIC Accelerator is another stamp of approval for Nuada’s technology ... Read more ›
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Scottish fleet management software group Podfather has secured a £3.4m investment from new investor Maven Capital Partners. The deal includes funding from Maven Investor Partners as well as IFS Maven Equity Finance, an investment fund targeting businesses in Scotland managed by Maven and delivered by the British Business Bank. Epod Solutions Group, which trades as ... Read more ›
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Shares in EnSilica tumbled as much as 25% on Monday after the firm reported delays to multiple contracts. The Oxford-based semiconductor business said its design and supply agreement with Siae Microelectronica, which had been expected to deliver “significant” revenues as soon as this year, is now expected to be delivered over 2026 and 2027 due ... Read more ›
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Innovate Finance, the industry body for British fintechs, has called for an anti-fraud strategy that would force social media and telco firms to share liability with payment providers in reimbursing fraud, echoing calls from the sector. The group said social media platforms like Facebook as well as calls and texts managed by telco groups should ... Read more ›
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14.05.2026 13:41
Last update: 13:35 EDT.
News rating updated: 20:33.
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