How closely have you followed the biggest news in the UK tech industry this year? Find out with the 2024 edition of UKTN’s end of year quiz. Read more ›
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It’s Christmas day. Saint Nick is putting the final touches on his famous annual list – and checking it twice. In the interest of giving a hand to the Christmas Plc chief executive, UKTN has looked back at the good and bad behaviour across the British tech industry in 2024. So, which figures in UK tech ... Read more ›
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Shares in Mindflair sunk by as much as 10% in early trade on Tuesday after the AI investor raised £490k in a share issue at a discount to its trading price. The AIM-listed business said it raised the capital to help pay off £1.2m in loans that were raised in December 2022. Following the raise, ... Read more ›
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Windward has become the latest tech firm to exit the London Stock Exchange after the maritime AI business was acquired by a fund linked to US investor FTV Capital in a £216m deal. The offer price of 47p per share represents a 47% premium to Windward’s share price as of yesterday and is nearly double ... Read more ›
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A consortium of space tech firms has been approved to launch a UK government-funded regulatory sandbox to test solutions for increasingly valuable in-orbit servicing assembly and manufacturing (ISAM). Astroscale UK, D-Orbit and ClearSpace have jointly received £690,000 from the Department for Science, Innovation and Technology (DSIT) to test missions that help regulators understand the emerging ... Read more ›
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Arborea, a climate tech startup developing carbon-reducing food production, has raised £4.1m in a funding round. Headquartered in London and Portugal, Arborea will use the new funds to launch its first commercial-scale protein production facility based on its Biosolar Leaf system. The company’s Biosolar Leaf technology aims to produce far more protein per square mile ... Read more ›
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Last week the UK’s Payment Systems Regulator (PSR) proposed a price cap on cross-border interchange fees and is seeking comment on the level at which the cap should be set. Given our perspective that legacy card schemes hold a dominant position akin to a duopoly, resulting in high total costs of payments for merchants and ... Read more ›
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This week’s UK tech funding deals include storage software business Stora, Edinburgh health tech spinout Concinnity and more. UKTN tracked £9.3m worth of UK tech investment this week (ending 20 December 2024) in what is often one of the quietest weeks for funding of the year. Here’s your weekly roundup of UK tech startup funding ... Read more ›
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Kasei Digital Assets has seen a near-doubling in the value of its portfolio compared to last year as the crypto investor was boosted by the election of Donald Trump in the US. The small-cap, Aquis-listed firm saw its total assets increased by 90% in 2024, from £1,434,003 in 2023 to £2,737,186, driven by a rise in ... Read more ›
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Oxford Metrics today posted a dip in sales and profits which the sensor and software maker said was “reflecting the trend of extended buying cycles.” The Oxfordshire-based business posted revenues of £41.5m for the year to end September, a fall of just over 6% compared to the previous year, while adjusted pre-tax profits were more ... Read more ›
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Asif Alidina is the co-founder and CEO of Inntelo, a company developing AI solutions to automate the processes of hotel administration and communication. In this week’s Founder in Five Q&A, Alidina discusses recognising what makes you unique and reminding yourself of it, respecting the diversity of your team and a chance encounter with Beyoncé. What advice ... Read more ›
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For many founders, startups can feel like their babies. They spend late nights tending to their needs, sacrifice their social lives for years and do whatever they can to see them grow. But, according to a new study, more and more founders in the UK are building their tech startups alongside building their families, giving ... Read more ›
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The UK’s information watchdog has censured Google after the tech giant appeared to U-turn on its stance on fingerprinting. Fingerprinting involves the collection of pieces of information about a device’s software or hardware, which, when combined, can uniquely identify a particular device and user. In 2019 Google expressed its opposition to the use of fingerprinting: ... Read more ›
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So many technology books have been published this year, and I have had the pleasure of reading several dozen of them. Many were about AI (to no one’s surprise) and not all of those were very good (to no one’s surprise). But all those that make the list here were real page-turners worthy of your ... Read more ›
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Stora Software has raised a £1.3m in a funding round led by Investment Fund for Northern Ireland (IFNI). The Banbridge-based self-storage management solution firm plans to use the funds to accelerate sales and growth as well as target customers in new markets and locations, including Europe and the US. The company has already doubled its ... Read more ›
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Marshallow’s revenues jumped 75% in 2023 as the insuretech saw another strong year of growth. The London-based motor insurance business posted turnover of £184m for the year ended 31 December 2023. Losses for the year were cut by 98% from £16.1m to £208k. “The group has continued to grow rapidly in 2023,” Marshmallow said. “In ... Read more ›
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The UK Government has begun a consultation on clarifying copyright laws as it seeks to strike a balance between supporting the ambitions of AI businesses and ensuring protection and payment for content creators. The consultation also explores how creators can license and be remunerated for the use of their material, and how wide access to ... Read more ›
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A Californian startup is to list on the London Stock Exchange in a £97m deal, it was revealed today. Beverly Hills-based content licensing platform Verifyyed has been acquired by London-listed acquisition company Acceler8. Under the terms of the deal, Acceler8 will suspend its London listing before conducting a placing in order to raise between £10 and ... Read more ›
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Halocycle, a Hull-based technology scaleup which carries out advanced recycling of PVC and other chlorine containing plastics, was named KPMG’s UK Tech Innovator 2024. It is on a mission to use innovative technology to provide a solution to the plastics problem and have a dedicated team who have spent a combined 40 years searching for ... Read more ›
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This week’s podcast guest is Bianca Zwart, chief strategy officer at Bunq, who discusses the massive issue of fraud, how Brexit has affected the company’s UK operations and the exciting future of the banking sector. Bunq is a challenger bank founded in 2012. Zwart joined the firm in 2016 and worked across a handful of ... Read more ›
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10.03.2026 23:30
Last update: 23:20 EDT.
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