Oxford Quantum Circuits (OQC), JPMorganChase and AMD have announced a research collaboration leveraging a new and dedicated quantum AI data centre built by OQC in London. JPMorganChase researchers will test near-term quantum and hybrid quantum-classical computing applications via a secure enterprise environment to examine how quantum computing, AI and high-performance classical infrastructure can work together ... Read more ›
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Airspeed, the agent-native platform for go to market execution, has closed a $20m (£14.9m) Series A led by DN Capital, with participation from Vi Partners, Framework Venture Partners and Atlassian Ventures. Airspeed is an execution layer made for revenue teams, helping them turn customer conversations and commercial data into actions that move sales deals forward. ... Read more ›
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Edinburgh-headquartered Wordsmith AI has closed a $70m (£52.1m) Series B round. Built for in-house legal teams, Wordsmith captures, triages, resolves and records every legal request from a business so these teams can work at the speed of AI. Every request, whether it starts in email, Slack, Salesforce, Teams or an informal business question, lands in ... Read more ›
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Semble has raised a £30m Series C funding round to accelerate its healthcare management platform for outpatient providers. Founded to address the deep fragmentation in how care is delivered, Semble connects and orchestrates every stage of the patient journey, helping solo clinicians, growing group practices and complex enterprise organisations deliver faster, safer and more patient-centred ... Read more ›
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AI-operated physiotherapy clinic Flok Health has raised $12.5m (£9.3m) in an oversubscribed Series A round led by Albion VC. Flok Health’s pioneering clinic delivers entire healthcare pathways autonomously without requiring human oversight. The tech is currently available to NHS patients, offering on-demand appointments for back pain via a mobile app with no waitlist. The digital ... Read more ›
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The UK must not delay on introducing regulations on stablecoin technology, according to a new report from members of the House of Lords. The cross-party Financial Services Regulation Committee on Wednesday published the findings of its research into introducing stablecoins as an approved element of the British economy. It has determined that a sterling-backed stablecoin ... Read more ›
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London-based deep tech Apoha has raised $36m (£26.7m) to build on its new data layer that reveals how matter, formulations and materials behave. As the frontier of artificial intelligence moves beyond language and code into systems that act on the physical world, machines have not learned to feel matter. Examples could include perceiving how a ... Read more ›
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Oxford Quantum Circuits (OQC) has closed an oversubscribed £260m Series C funding round, marking Europe’s largest ever private funding round for a quantum computing company. OQC develops and operates superconducting quantum computers designed for deployment in data-centre environments serving enterprise and government customers. The company has established a global quantum computing platform across Europe, North ... Read more ›
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Gigaton has raised $26m (£19.3m) in Series A funding through a round led by Plural. Gigaton builds autonomous, self-learning AI control software for energy-intensive industries. Its platform simulates, controls and improves complex industrial processes, reducing fuel costs, cutting emissions and enabling a new generation of resilient, intelligent plant operations. Soaring energy costs, increased complexity from ... Read more ›
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Spinout Gnosis Health has raised £1.1m to support the development and launch of its AI-powered digital healthcare assistant MAXine, which is designed to transform the management of Parkinson’s disease. Gnosis Health is a spinout of the universities of Newcastle and Plymouth and has created the MAXine healthcare assistant in response to an urgent clinical need. ... Read more ›
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London, the UK and Europe as a whole is on the verge of a transportation transformation. In Britain’s capital, firms like Wayve and Waymo are gearing up for a mass rollout of self-driving taxis, made possible by recent legislation. Among the firms vying to capitalise on the sudden introduction of the technology is Freenow, owned ... Read more ›
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AI agent platform Parloa has opened its first London office, adding to the wave of global AI companies choosing the capital for their expanding footprints. With existing offices in Berlin, Munich and New York, the London operation is part of a European expansion that has also seen offices recently open in France and Spain, with ... Read more ›
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The UK government has shared plans to give regional mayors across England greater authority over innovation funding to shape investment around local growth and strengthen high-potential tech clusters. Under the new approach, mayors will take on a central role in directing the Local Innovation Partnerships Fund authorities and local leaders will have more influence. The ... Read more ›
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This week’s podcast guest is Anna Wallace, CEO of the Centre for Finance, Innovation and Technology, who discusses why so many SMEs fail to get the financing they need and what they can do to change this (listen to the very end to get this vital information). She also talks about how CFIT is helping to speed up the house-buying ... Read more ›
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IMU Biosciences has closed its Series A at over $53m (£40m) in an oversubscribed financing round co-led by IQ Capital and Molten Ventures. IMU is decoding the immune system to pioneer a shift in how diseases are understood and diagnosed. The firm uses a blood sample to measure over 100 million immune data points, creating ... Read more ›
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Investment group Northzone has appointed Sam Endacott as its latest London-based partner who will focus on applied and physical AI. Endacott joins the firm from Mistral and Wayve backer Firstminute Capital and will focus on early-stage investments from seed to Series B. “I am thrilled to join Northzone as a Partner and continue supporting the ... Read more ›
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As London gears up for another packed month of technology events, the global spotlight is once again turning towards the capital. June has become a marker in the international tech calendar, as London has become one of the key hubs where investors, founders, researchers, policymakers and major technology firms converge at scale. From the second ... Read more ›
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Laverock Therapeutics has been awarded two new grants totalling in excess of £2.2m to support the next generation of its gene-control platform development and expansion into additional non-oncology therapeutics areas. The biotech is developing disease-responsive advanced therapies through its programmable gene control technology. To date, Laverock’s gene-control platform has been demonstrated across therapeutic applications and ... Read more ›
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AI-powered insurance platform Sapiens is moving its company’s headquarters to central London, located in Holborn’s Space House. The Israeli tech firm’s agentic platforms help insurers automate the manual workflows surrounding insurance operations, improving execution efficiency and accuracy across policy underwriting, claims management, pricing and risk management, and billing. In addition to being the company’s global ... Read more ›
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Lune & Wild has raised £2m in a Series A funding round led by Guinness Ventures to scale production, expand its retail footprint and build on its mission to redefine what children eat. Lune & Wild is an organic baby and children’s food brand built on chef-crafted recipes, specialist paediatric nutrition and ingredient sourcing. The ... Read more ›
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Geordie AI, a London-based security and governance platform for AI agents, has raised a $30m (£22.3m) Series A round led by Balderton. The startup’s platform helps businesses to understand, secure and govern their AI agents, providing a real-time understanding of which agents exist, what they can access, how they behave, and the risks they create ... Read more ›
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This week’s UK tech funding deals include AI scientific research lab Inherent, biomaterials company Mykor and more. UKTN tracked £102.7m worth of UK tech investment this week (25 May to 29 May), a 20% week-on-week decrease across six funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Inherent – £37.2m Sector: AI ... Read more ›
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The UK and France have signed a new science and technology deal that will provide funding for partnerships between research teams from the two nations. The agreement, announced by Tech Secretary Liz Kendall ahead of the upcoming G7 talks in Paris, will centre AI and data access to support technological innovation. In particular the agreement ... Read more ›
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The global photonics market is projected to exceed £1tn by 2030. While the UK’s 3.5% share might appear modest, that is still an £8.6bn sector employing more than 84,000 people across 1,400 companies. The Council for Science and Technology has recently warned however, that the UK is losing its window to lead. Industry experts have ... Read more ›
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MokN, a cybersecurity company specialising in anti-credential theft, has secured a $15m (£11.1m) funding round led by Google Ventures. The London-based company has developed a “Phish-Back” solution designed to outsmart attackers attempting to steal credentials by recovering them before they can be used. Among its methods is a ultra-realistic decoy access points that mimic the ... Read more ›
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04.06.2026 07:27
Last update: 07:20 EDT.
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