The traditional philosophy of the first-mover advantage is dead in todayâs startup ecosystem. We are nowadays in the age of open information â sources such as LinkedIn or GitHub make everything open and transparent. Combined with an abundance of venture capital and that the cost of building software is gradually trending to zero, it is ... Read more âș
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Climate tech company 51toCarbonZero has secured ÂŁ3m in funding to expand and enhance its next-gen platform. Fuel Ventures led the investment for the sustainability business, with the funding round including contributions from angel investors. 51toCarbonZero specialises in a growing number of sectors including advertising, sports and entertainment, with this additional funding enabling 51toCarbonZero to extend ... Read more âș
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Nearly half of FTSE 100 companies (48%) have now established chief AI officers or equivalent AI-focused roles, according to a new report from AI-native executive search firm pltfrm. The report, âAll In: The Corporate AI Leadership Raceâ,  shows companies are racing to hire AI-savvy executives, with 65% of these AI leadership roles created in the last ... Read more âș
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Panos Panay, Amazonâs head of consumer electronics, has been selected to manage the companyâs move into Cyprus. Panay joined the global conglomerate in 2023 following 19 years at Microsoft and has been running the consumer electronics business in his tenure â including Alexa, Echo and Fire TV. Sources close to Nicodimos Damianou, deputy minister of ... Read more âș
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Nearly three-quarters (73%) of UK businesses have seen an increase in online fraud over the past 12 months, according to a new survey by Veriff. The global identity verification firmâs UK Fraud Industry Pulse Survey polled 200 fraud professionals across financial services, technology, and retail sectors. The same proportion of those surveyed (73%) reported that ... Read more âș
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Dell Technologies has appointed Lisa Ergun as the client solutions group (CSG) channel lead for the UK. Ergun will spearhead Dellâs UK CSG channel strategy, focusing on key growth areas such as AI-powered PCs, sustainable IT solutions and advanced security compliance. In her new role, Ergun will work closely with Dellâs UK Channel lead, Ian ... Read more âș
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TDK Ventures, the corporate venture capital subsidiary of Japanese electrical conglomerate TDK Corporation, has launched Fund 3, a $150m (ÂŁ112m) commitment to catalysing the next generation of deep tech startups. Fund 3 will target seed to Series B early-stage businesses, with the firm promising startups a platform to scale faster with less risk through its ... Read more âș
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The global payments platform Ecommpay has appointed Roy Blokker as head of strategic sales as the company sets to grow its footprint across Europe. Blokker will focus on engaging with large, complex, and globally focused merchants to build strategic partnerships and will lead the development of tailored solutions that deliver optimal payment performance. In his ... Read more âș
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CSignum has completed a ÂŁ6m funding round to accelerate the growth of its EM-2 family of products which are set to innovate the way critical wireless sensor data is transmitted from submerged environments to networks above. The Series A funding round was led by a variety of investors including Scottish Enterprise, British Business Investment and ... Read more âș
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This weekâs podcast guest is Jing Ouyang, co-founder and chief growth officer of Patchwork Health, who discusses the political pressure on health services to streamline operations, the difficulty in digitising NHS clinics and leaving a career as a medical doctor to launch a tech startup. Patchwork Health is a digital platform for clinics to manage ... Read more âș
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Challenger bank Monzo has surpassed 12 million customers in a milestone that places the fintech closer to the scale of the high street incumbents. Founded a decade ago this year, Monzoâs user count means the group provides accounts for around a fifth of UK adults. Personal accounts make up the bulk of Monzo users â ... Read more âș
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One word in particular has stuck out to me this past week. Itâs been in financial accounts, trading updates and casual conversation: uncertainty. Alphawave, a London-listed electronics group that develops core technology for the semiconductor industry, recently released its annual results for 2024, in which it noted that due to âglobal uncertaintyâ and the ârapidly developing nature ... Read more âș
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AI company Hammer Missions has raised ÂŁ1.4m in new funding to accelerate its AI technology development and strategic expansion into North America. The firm, which provides a technology solution for the inspection of built structures, secured the funding from UK-based venture capital fund ACF Investors and angel investors such as GeoSLAMâs Graham Hunter and Atkinsâ ... Read more âș
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This weekâs UK tech funding deals include insurtech unicorn Marshmallow, fast-charging energy group Nyobolt and more. UKTN tracked ÂŁ122.45m worth of UK tech investment this week (14 April to 18 April), a 124% week-on-week increase across nine funding rounds. Hereâs your weekly roundup of UK tech startup funding deals. Marshmallow â ÂŁ68m Sector:Â Insurtech HQ:Â London Round:Â Late ... Read more âș
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Khyati Sundaram is the founder of Applied, an HR tech startup using AI to try to make hiring fairer. In this weekâs Founder in Five Q&A, Sundaram discusses nightmare pitches, the importance of storytelling in business and why first-time entrepreneurs need good co-founders. Whatâs your worst pitching experience?  My worst pitching experience happened roughly around the ... Read more âș
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Vizzy, a London-based recruitment startup looking to disrupt traditional CVs, has raised a ÂŁ3.65m seed round. Launched in 2023, the startup describes itself as a âtalent platformâ, with which job candidates can create CVs more reflective of their future potential and ambition. Vizzy was co-founded by Joe Woodward and Jess and Chris Woodward-Jones, inspired by ... Read more âș
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Semiconductor group Alphawave is foregoing guidance for its 2025 results amid tariff-fuelled uncertainty as it posts a loss for last year. The London-listed group said in its results for the year ended December 2024 that âdue to current global economic uncertainty and the rapidly developing nature of the recently imposed tariff regimes, we are not ... Read more âș
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Popular US fitness app Strava has snapped up Runna, a London-based coaching startup backed by Olympic athletes. Strava entered into a definitive agreement to acquire Runna on Thursday with the goal of creating the worldâs biggest fitness app â figures from Statista rank Strava second in the world by revenue, behind MyFitnessPal. Founded in 2020 ... Read more âș
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Disabled Britons have warned the incorporation of AI into healthcare could result in efficiency being prioritised over quality human support. According to a survey of 2,000 UK adults from health tech consultancy nuom, around two-thirds of respondents with physical or mental disabilities expressed concern over the increased automation of care. Among their other concerns was ... Read more âș
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Checkout.com has struck a deal to provide payments services to ecommerce giant eBay as the London fintech eyes profitability this year. The strategic partnership will see Checkout.com provide payment infrastructure services across 190 markets. âeBay is an iconic global commerce leader which continues to push the boundaries of digital commerce,â said Checkout.com CEO Guillaume Pousaz. ... Read more âș
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16.06.2026 18:13
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