The government has announced a new £36m investment into a supercomputer facility in Cambridge in the hopes of boosting the availability of tools for AI development among researchers and startups. The DAWN supercomputer at the University of Cambridge is set for a sixfold increase in power, part of the government’s plans to support the growth ... Read more ›
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This week’s UK tech funding deals include employee fintech platform Stream, photonics firm Optalysys and more. UKTN tracked £140.7m worth of UK tech investment this week (19 January to 23 January), a 780% week-on-week increase across eight funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Stream – £67m Sector: Fintech HQ: London Round: Series ... Read more ›
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UK-based AI infrastructure and solutions provider Sovereign AI has selected US companies Accenture and Palantir to help build and scale its data centres across EMEA. Having identified access to AI-related infrastructure as critical for both industrial growth and increasingly national security, Sovereign AI hopes the collaboration with the US giants will accelerate the development and ... Read more ›
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Chris Smith is the founder and chief executive of BLOXX, a home buying fintech that aims to address the affordability crisis in the property market. In this week’s Founder in Five Q&A, Smith discusses his learnings from his time at Yorkshire Building Society and learning how to develop as a storyteller after a career in banking. ... Read more ›
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ClearScore Group, the fintech marketplace best known for its credit score and reporting service, is accelerating its entry into the mortgage industry with a new acquisition. The company has acquired Acre Platforms Limited, a London-based technology solutions provider to the mortgage industry. Acre’s technology will power ClearScore’s mortgage strategy, allowing it to route demand for ... Read more ›
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Optalysys, a Leeds-based technology company specialising in photonic computing, has secured a £23m Series A extension investment to support its expansion to the US. The firm’s offering is essentially combining silicon photonics with digital technologies, with data movement and processing on a single chip. The company claims this process can deliver immense computational power with ... Read more ›
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Going into 2026, UK tech businesses have plenty to be concerned about. From economic headwinds to geopolitical meltdowns and the uncertainty brought about by rapidly developing technology, it was clear by the start of January that the coming year would offer no shortage of hurdles. But to best understand the challenges at the top of ... Read more ›
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UK organisations’ spending on cybersecurity will represent the largest budget increase of any category over the next 12 months, according to new research. Ongoing geopolitical tensions and numerous high-profile data breaches and hacks have prompted firms to set cybersecurity as the number one priority for increased investment this year, according to the KPMG Global Tech ... Read more ›
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For business leaders looking ahead to 2026, stability is no longer the expectation. If anything, the opposite is true. HLB International’s latest global survey suggests that uncertainty has become a permanent feature of decision-making, forcing executives to prioritise issues they might once have treated as longer-term problems. Cybersecurity and digital capability now sit firmly in ... Read more ›
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The Technology Department has assembled leaders from the UK’s fastest-growing AI companies to discuss ways to ensure British firms can grow and scale without leaving the country. In a discussion chaired by AI Minister Kanishka Narayan and recently appointed AI ambassador and Monzo co-founder Tom Blomfield, tech leaders will aim to spotlight the domestic support ... Read more ›
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Allocation Strategy, a London-based analytics platform for institutional investors, has raised £1.6m. The platform offers analytics across the allocation process and is used by investment teams to evaluate risk and return trade-offs, test portfolios across different market conditions and ultimately improve the resilience of a portfolio. “Portfolio decisions are more complex than ever, and institutional ... Read more ›
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The NHS will expand the use of drones with urgent pathology samples set to be transported by the vehicles across south west London. The new drone service from Apian and operated by Wing will carry pathology samples from the Nelson Health Centre in Merton to SWLP’s central laboratory at St George’s Hospital in Tooting. Apian ... Read more ›
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The use of AI chatbots for all manner of purposes has more or less become the norm just a few short years after the majority of the world was introduced to the technology. But while it is no longer novel for people to use services like ChatGPT and Gemini daily, debates continue as to the ... Read more ›
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Antidote, a London-based AI-powered legal tech platform, has become the latest startup in its increasingly crowded market to secure funding with the close of a $5m (£3.7m) seed round. Founded in 2024 and first funded to the tune of $2m (£1.5m) the following year, the Antidote platform is used by law firms to automate billing ... Read more ›
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A major new study has launched in the UK that will examine the impact of restricting children’s access to social media as politicians toy with the idea of a complete ban. The study, which will be co-led by the University of Cambridge’s Prof Amy Orben, will form a key piece of evidence for the government ... Read more ›
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Deep tech firm Anzen Industries has raised $2.2m (£1.7m) for a pre-seed funding round in support of its biomanufacturing and chemical engineering technology. The startup essentially develops the building blocks for the multi-trillion dollar global chemicals industry. Anzen with its enzyme reactor technology, immobilisation techniques and AI design aims to engineer molecules to make chemical ... Read more ›
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The pledge from Chancellor Rachel Reeves at the World Economic Forum in Davos to overhaul the Global Talent Visa could be a critical boost to the UK quantum sector, according to a leading firm in the industry. Among Reeves’ pledge was a plan for the government would refund visa fees for researchers and academics in ... Read more ›
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The government has appointed two ‘AI Champions’ from the banking industry to oversee the safe adoption of the technology into financial services. Harriet Rees, group chief information officer at Starling Bank and Dr Rohit Dhawan, chief data and analytics officer at Lloyds Banking Group have been selected to support the industry’s transition to an approach ... Read more ›
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The UK government-owned British Business Bank is set to make its largest-ever direct investment, £25m into the Octopus Energy spinout Kraken Technologies. Kraken was formed from within Octopus, one of the UK’s largest energy providers, as the AI technology platform that the core service ran on. Octopus spun out the company into a standalone venture ... Read more ›
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London-based flexible wage fintech and workplace finance platform Stream has closed a $90m (£66.8m) Series D funding round. Founded in 2018 as Wagestream, the company launched to give employees early access to earned wages as a response to the often predatory pay day loan operators. Since then, the firm has grown into a broader financial ... Read more ›
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06.03.2026 04:40
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