Spinout businesses â born out of university research â are in the spotlight and itâs encouraging to see the government place these innovative companies at the heart of its growth agenda. Labourâs manifesto, the draft industrial strategy, and the Budget all included a commitment to supporting university spinouts to drive growth, jobs, and have real-world impact. Spinouts ... Read more âș
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Steve Salvin is the founder and CEO of Aiimi, a startup based in Milton Keynes that provides enterprise clients with AI data insights. In this weekâs Founder in Five Q&A, Salvin discusses being yourself instead of what you think a CEO âshouldâ be, being honest with your team and ditching jargon for a clear and effective ... Read more âș
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ActiveOps is seeking to scale up its marketing team as the decision intelligence business eyes further growth in the year ahead. The Reading-based business, which offers AI-powered data analytics to healthcare and financial services customers, said it was looking to make a number of new hires to accelerate customer acquisition. Five new team members joining ... Read more âș
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A host of the biggest names in UK tech have thrown their weight behind plans unveiled by Rachel Reeves to create pensions âmegafundsâ with the potential to invest in fast-growth businesses. Top tech organisations including Startup Coalition, Founders Forum and Tech Nation have backed the plans, which will see the creation of eight funds through ... Read more âș
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The founder of Snyk has raised $125m after completing a series A funding round for a new AI software development platform. Guy Podjarny, who founded London-based cybersecurity firm Snyk in 2015 and saw it hit a $7bn valuation in 2022, has built London-based AI firm Tessl to âreimagine software creation from the ground up.â âWeâre ... Read more âș
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Coopah, a run coaching app, has announced a ÂŁ1.5m funding round, backed by pro-athlete Alistair Brownlee MBE and sports agent Ricky Simms. Founded in 2022, Coopah is an AI-powered run coaching app designed to help its users get closer to reaching their goals with every run, aiming to reduce the 58% of new runners who ... Read more âș
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The world has become obsessed with AI. Investors, developers, founders and politicians have repeatedly declared the rapidly advancing space will come to dominate the tech industry in the years to come, with major pressure on nations worldwide to ensure they get their share of the pie. The UK in particular has made no secret of ... Read more âș
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London has been named Europeâs top city for life sciences and third globally in a new report from MedCity. According to the cluster organisation focussed health technology, London was given the highest rank in Europe for its contributions to life sciences, beating out the likes of Amsterdam, Munich and Paris. The groupâs Global Cities Comparison ... Read more âș
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Deceptive AI-generated content amplified conspiracy theories and harmful narratives amid numerous major elections, according to a new report from the Alan Turing Institute. The artificial intelligence research organisation conducted a year-long study to view how the rise of generative AI tools might have impacted the democratic process in a year that saw a significant number ... Read more âș
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In an effort to tackle the dearth of digital and technical skills commonly said to be holding back the British economy, the government is launching a ÂŁ500m skills drive, funding thousands of new advanced degrees in science and technology. Alarms have been sounding over the demand for the highly skilled talent needed to continue UK ... Read more âș
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A biotech firm backed by University College London (UCL) tech developing a new treatment for amyotrophic lateral sclerosis (ALS) has launched with a $101m (ÂŁ79m) Series A. Trace Neuroscience was co-founded by UCL molecular neuroscience professor Pietro Fratta and Stanford University genetics professor Aaron Gitler. The company is developing nucleic acids with the aim of ... Read more âș
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Metro Bank has been fined ÂŁ16m by the UK financial regulator due to inadequate criminal transaction monitoring. The Financial Conduct Authority (FCA) handed the bank the fine over its failure to adequately monitor more than 60 million transactions, worth over ÂŁ51bn, for money laundering risks. The inadequate anti-money laundering monitoring took place between June 2016 ... Read more âș
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This weekâs podcast guest is Chris Morris, co-founder and COO of Sustainable Ventures, who discusses why entrepreneurs canât wait for government support to make advancements in climate tech, why the Labour governmentâs actions on climate solutions have left him pleasantly surprised and why the best climate solutions need to meet consumer needs. Sustainable Ventures is ... Read more âș
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Ooodles, a London-based fintech focused on offering SMEs flexible renting of IT equipment, announced its first international expansion to Ireland. The startup also announced a $2.7m (ÂŁ2m) funding extension from Ältitude VC, Europeâs first SME tech fund, backed by existing investors and Traditum. The company claim that the funding will enable it to double down ... Read more âș
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The tech department is rolling out online identity cards for veterans as it expands the role of digital identification. Dubbed the Digital Veteran Card, the online alternative to the ID used by former army and navy personnel to access special services. Announced alongside Remembrance Sunday, the Digital Veteran Card is part of the governmentâs ambition ... Read more âș
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Shares in EnSilica jumped as much as 9% when markets opened on Monday after the London-listed chipmaker struck a new deal with UCL spinout Oriole Networks. The contract, which EnSilica said âcommences this month with material non-recurring engineering revenuesâ, will see Ensilica design and supplyOrioleâs photonics controller chips used in its optical network switch products, ... Read more âș
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London-based challenger stock exchange Aquis has agreed terms to be taken over by Switzerlandâs Six Group. Announced in a regulatory filing on Monday, the boards of the companies have agreed to a cash offer that would see Six pay 727p a share, valuing Aquis Exchange at ÂŁ207m. The deal would see a major return for ... Read more âș
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This weekâs UK tech funding deals include iFast Diagnostics, which determines effective antibiotic use based on bacteria scans, Artio, which provides insurance products to carbon projects and more. UKTN tracked ÂŁ16.2m worth of UK tech investment this week (4 November to 8 November), a 39% week-on-week decrease across five funding rounds. Hereâs your weekly roundup ... Read more âș
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Fintech giant Revolut could be on the verge of an acquisition spree as its finance and strategy manager advertises expanding its mergers and acquisitions team. Though strained economic conditions in the last couple of years have caused the bulk of tech firms to tighten their purse strings, Revolut has always wanted to project itself as ... Read more âș
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James Townsend is the co-founder and CEO of Mobilise, a London-based digital support network and community for carers. In this weekâs Founder in Five Q&A, Townsend discusses why first time founders should focus on the problems that are important, not glamorous, motivating a team and why health services are ripe for disruption. Which role was the ... Read more âș
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11.03.2026 04:05
Last update: 04:00 EDT.
News rating updated: 10:04.
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