This weekâs UK tech funding deals include record-breaking quantum computing group Oxford Quantum Circuits, Newcastle spinout Gnosis Health and more. UKTN tracked ÂŁ480.1m worth of UK tech investment this week (1 June to 5 June), a 367% week-on-week increase across 12 funding rounds. Hereâs your weekly roundup of UK tech startup funding deals. Oxford Quantum ... Read more âș
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Asset trading platform iForex is âconsideringâ an initial public offering (IPO) that would see the fintech group admit shares on the London Stock Exchange. The company, which facilitates the trading of multi-asset contracts for difference this week published a registration document â a key step ahead of a public float that gives potential investors comprehensive ... Read more âș
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Charity Full Fact has declared a state of âcrisisâ for digital misinformation in the UK as the group urges swift action to tackle online harms. In its latest annual report, Full Fact â the independent fact checking organisation â blasted the lack of progress in tackling digital information, despite the introduction of the Online Safety ... Read more âș
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This weekâs podcast guest is Sharon Vosmek, chief executive and managing partner of Astia, who discusses why backing female founders isnât just morally right, but also financial prudent, why not all definitions of women-led startups are equal and the danger of âfomoâ in investing. Astia is an inclusive venture capital group that seeks to address ... Read more âș
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Shares in the London-listed semiconductor technology group Alphawave jumped as much as 8% on Monday as it holds discussions over a potential buyout from US giant Qualcomm. Alphawave announced on Monday that it had agreed to an extension of the deadline for Qualcomm to provide a firm offer, with the talks first proposed in April. ... Read more âș
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According to KPMGâs latest Venture Pulse report, UK firms secured $5.5bn (ÂŁ4.1bn) in venture capital investment in Q1 2025 alone â more than Germany and France combined. This achievement coincides with the EUâs landmark âŹ1.3bn (ÂŁ1.1bn) commitment to accelerate AI adoption and digital infrastructure. For capital markets firms operating across the UK and Europe, the ... Read more âș
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London-listed investment fund Augmentum Fintech has led a ÂŁ4.5m funding round for the Peel Hunt-backed startup RetailBook. Founded in 2022, RetailBook gives individual investors greater access to primary capital markets through its platform for participation. Users can access investment opportunities such as IPOs, follow-on placings and bond offerings with the same terms as institutional investors. ... Read more âș
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Members of Equity, the UK performing arts and entertainment union, are calling for other trade unions to join its campaign to protect the rights of creatives from AI-based misuse. The organisation unanimously passed a motion at their annual conference in Derry to request collective action from the British trade union movement to demand fair remuneration, ... Read more âș
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Salesforce-based CRM SaaS provider Ascendx Cloud has raised $110m (ÂŁ82.7m) in a joint equity and debt round. Founded in 2023, the company specialises in incorporating AI into customer relationship management tools. AI features are expected to become the industry standard in CRM, with research group Gartner projecting three-quarters of CRM solutions to have incorporated the ... Read more âș
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The UK tech and investment industry has applauded the recently announced trade deal made between Britain and the US as a âwin for startupsâ and a positive sign of growth. Last week, Prime Minister Keir Starmer and President Donald Trump announced a highly anticipated trade agreement that reduced previously instated tariffs on a number of ... Read more âș
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This weekâs UK tech funding deals include alternative investment platform Juice, AI agent integration platform StackOne and more. UKTN tracked ÂŁ59m worth of UK tech investment this week (5 May to 9 May), a 10% week-on-week increase across seven funding rounds. Hereâs your weekly roundup of UK tech startup funding deals. Juice â ÂŁ24.9m Sector:Â Investment ... Read more âș
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Venture capital investments in the UK surged in 2024 according to a new report from the British Private Equity and Venture Capital Association (BVCA). The total amount invested in UK businesses by venture capital funds, co-investors and financial institutions in 2024 was ÂŁ9bn, a 12.5% rise according to the BVCA. Though 2024 saw significant macroeconomic ... Read more âș
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Cecily Motley is the co-founder and chief executive of Harriet, an AI-powered self-service agent for HR and ops teams. Launched in 2023, Harriet raised ÂŁ1.2m in a funding round in December that year. In this weekâs Founder in Five Q&A, Motley discusses operating in uncertainty, the success of Shopify and the failure of NFTs. Which companyâs ... Read more âș
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Bitcoin mining group Argo Blockchain has requested a return of its London listing following the delayed release of its 2024 results despite the company warning of âsignificant doubtâ over its continued operations. Shares in the company were suspended from the London Stock Exchange last week as it was unable to release its audited results before ... Read more âș
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The government is turning to regional spinouts to accelerate UK tech growth with a ÂŁ30m support package for four research hubs across the country. Universities in Merseyside, East Anglia, the Midlands and the North East will receive new funds to encourage more spinouts, or tech companies founded from students and staff based on an institutionsâ ... Read more âș
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Automated regulatory intelligence firm CUBE has opened its new global headquarters in the City of London. The Tower 42 building on Old Broad Street will house the companyâs new âAI Centre of Excellenceâ, an artificial intelligence lab, in which the CUBE team will research the evolving role of the technology in regulation and compliance in ... Read more âș
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London-based fintech Ravio, which provides real-time insights into what different roles are paid, has raised $12m (ÂŁ9m) in a Series A funding round. Founded in 2022, Ravio works with the likes of Just Eat, Wise, Zoopla and Octopus Energy to provide compensation rates for various jobs to determine ideal salary offers. According to the startup, ... Read more âș
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This week, the UK and India agreed on Britainâs largest international trade deal post-Brexit and while it comes with obvious benefits for purveyors of whisky and textiles, it can also be an opportunity for technology. The agreement â which has been several years in the making â between Prime Minister Keir Starmer and Prime Minister ... Read more âș
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Amid the flurry of news, government and corporate announcements regarding the many milestones crossed by the quantum sector, firms can understandably struggle to know how they can prepare for burgeoning technology. Quantum computing is a term that encompasses vast amounts of complex technology both hypothetical and actual, with use cases as varied and exciting as ... Read more âș
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AI is transforming how businesses operate, streamlining processes, enhancing decision-making, and opening up entirely new opportunities. Spurred by growing investment and tools like DeepSeekâs advanced AI models, organisations across the UK are accelerating adoption, supported by government initiatives such as the AI Opportunities Action Plan. But as adoption accelerates, businesses must tackle the dual challenges ... Read more âș
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A Hartlepool recycling plant has deployed advanced robotics to enhance food and beverage sorting through a partnership with UK startup Recycleye and Swedish food packaging giant Tetra Pak. The J&B Recycling site will be upgraded with robotic arms developed by Recycleye to sort food and beverage cartons for recycling. The upgrade was funded through an ... Read more âș
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14.06.2026 23:34
Last update: 23:15 EDT.
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