After years of explosive growth, the tech mergers and acquisitions (M&A) market has cooled – but not in the way many expected. The slowdown hasn’t solely been driven by macro headwinds or interest rates; it’s structural. Governance and regulation have increasingly moved to the deal table, influencing which transactions go ahead, how fast, and at ... Read more ›
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Welcome to our new series, The Circuit. Meet our first interviewee: Your browser does not support the video tag. Christoph speaks to UKTN about Semble’s journey, striking the balance between innovation and trust and how he believes building a business is perfecting the balance between a creative act and purpose. Tell us more about Semble ... Read more ›
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The rapid expansion of digital tools in healthcare is reshaping the NHS, these innovations promise improved access and efficiency. Yet, as the sector accelerates towards a digital-first approach, it’s crucial to confront a pressing reality: significant segments of society are at risk of being left behind. Digital exclusion is more than an age issue Digital ... Read more ›
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The majority of firms in London are opposed to the recent immigration policies proposed in a controversial Home Office white paper, according to new research. At the start of July, the government released a draft policy paper outlining plans to crack down on immigration to the UK. The white paper included measures such as raising ... Read more ›
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Approov, an Edinburgh-based mobile app and API security company, has secured a £5m Series A investment to meet the rising threats facing cybersecurity. The group will use the new funds to expand its research and development team as AI presents new opportunities for cyber threats. Approov is most known for its app attestation system, used ... Read more ›
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Skyrora has been granted a launch licence from the UK Civil Aviation Authority (CAA), a major win as it works to become the first UK company to manufacture and launch a rocket into space from British soil. The Scottish rocket manufacturer has tall ambitions to support the sovereign launch capabilities of the UK, allowing access ... Read more ›
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This week’s podcast guest is Robin Heap, founder and CEO of Zest, who discusses how the cultural perception of electric vehicles has radically changed over the years, the massive growth in the UK electric car market and why the road to full electrification requires a great deal more effort from automotive firms, policymakers and consumers. ... Read more ›
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London could be on track to “overtake San Francisco in the AI era”, according to Onfido and Quench founder Husayn Kassai, as advancements in the technology reduce financial barriers. In a post on LinkedIn, Kassai, who has been working in AI for over a decade, claimed that “London has been overlooked” and contains all the ... Read more ›
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The cloud services industry could receive a major regulatory shakeup as the UK competition watchdog has claimed Microsoft and Amazon hold a disproportionate share of the market. Following a two-year investigation into the industry, the Competition and Markets Authority (CMA) has concluded that competition in cloud services is “not working well”, due in part to ... Read more ›
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Ecommerce conglomerate Debenhams Group has launched an AI Skills Academy as part of a push to integrate the technology into its business. The group behind digital shopping brands such as Debenhams, PrettyLittleThing and Boohoo, has partnered with edtech unicorn Multiverse to expand the AI skills of its workforce. The skills academy has been backed by ... Read more ›
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The UK risks “falling behind” on its ambitions to incorporate stablecoin technology into the economy amid rising competition from overseas, a leading industry body has warned. Inaction in firmly legislating the cryptoasset sector has led to a “growing disconnect” between previous pledges by Chancellor Rachel Reeves to drive forward developments in blockchain technology and the ... Read more ›
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London AI group Nesti has launched an AI assistant for the real estate industry in an early step toward launching a fully conversational platform for estate agents by the end of the year. Nesti.Chat has been designed for use by estate and letting agents. According to the company, it can handle enquiries, qualify leads, book ... Read more ›
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This week’s UK tech funding deals include AI cardiology diagnostics group Ultromics, cross-border payments startup Due and more. UKTN tracked £96.8m worth of UK tech investment this week (28 July to 1 August), a 46% week-on-week decrease across nine funding rounds. Here’s your weekly roundup of UK tech startup funding deals. Ultromics – £41.4m Sector: Health ... Read more ›
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Retail investors will soon be able to invest in cryptoasset-backed exchange traded notes (ETNs) in a major boost for the blockchain sector. UK financial regulators have been slowly opening up access to cryptoasset-related investments in an official capacity. Last year, the Financial Conduct Authority (FCA) approved the country’s first London-listed crypto ETNs – unsecured debt ... Read more ›
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Nscale, the London-based AI hyperscaler company, has been tapped by ChatGPT developer OpenAI to build European AI data centre initiative Stargate Norway. The project marks OpenAI’s first European-based AI data centre scheme that it claims will provide large-scale compute capacity to European developers, researchers and startups. UK-based Nscale, which last year closed a $155m (£118m) ... Read more ›
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Joris Van Der Gucht is the co-founder and chief executive of Ravical, a firm developing agentic AI technology for the professional services industry. In this week’s Founder in Five Q&A, Van Der Gucht discusses why founders need to learn early on what is and is not urgent, the trap of poor communication and ruthless management of ... Read more ›
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Ofcom has launched investigations into dozens of sites hosting adult content to determine the level of compliance with recently enforced age verification requirements. Last week the section of the Online Safety Act requiring the hosts of adult-oriented content to enact strict age checks came into force. Among the primary targets for this were pornographic sites. ... Read more ›
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Jitty, a London-based proptech group that describes itself as the UK’s first AI-powered home-buying agent, has secured a $3.8m (£2.8m) investment round led by REA Group. Taking on services like Rightmove and Zoopla, Jitty has developed a AI search feature to allow for easier customisable property searches from customers. Built by former developers from Deliveroo, ... Read more ›
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Venture capital firm Cambridge Innovation Capital (CIC) is committing at least £100m to invest in spinouts from the University of Cambridge. The funding from the investor, which targets the UK’s highest-potential deep tech and life sciences companies, will seek to take advantage of the commercial potential in science and technology innovation developed by Cambridge researchers. ... Read more ›
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Brighton Park Capital, an investment firm based in New York, has opened a London office in the group’s first international expansion. With offices in New York, San Francisco and Connecticut, Brighton Park Capital has now designated its London location as the headquarters for its European operations. The group, which holds around $2.1bn (£1.6bn) in assets ... Read more ›
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The accounting and professional services sectors should not fear AI automation, despite hiring cuts at prominent firms, according to the UK managing director of Xero. There have been a number of reports claiming that firms like Deloitte, EY, KPMG and PwC, among other smaller businesses, have been slashing jobs and massively slowing down on graduate ... Read more ›
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Earlier this month, I was invited to PICTFOR’s seventh annual Diversity, Equity and Inclusion Rally, hosted at the House of Commons. The focus of the event – attended by MPs Samantha Niblett, Mims Davies and Dawn Butler – was to share the important work being done on diversity in our sector. And yet, with slow ... Read more ›
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The Ventures Lab is partnering with Techscaler to support the creation and growth of startups in Scotland with social environmental missions. The organisations are working to strengthen the pipeline of impact-driven startups in Scotland through shared learning and aligned programme delivery. Techscaler is a startup development programme owned by the Scottish government and run by ... Read more ›
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Clearing and embedded banking group ClearBank has appointed David Samper, a banking veteran as its new group CFO. Samper joins the fintech from Newcastle Building Society, where he spent over six years as chief financial officer. He has also held senior roles at Sainsbury’s Bank, NatWest and Royal Bank of Scotland. While overseeing the finances ... Read more ›
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AI-powered cardiology diagnostics company Ultromics has secured a $55m (£41.4m) Series C funding round to fuel its expansion across the US. Founded in Oxford in 2017, Ultromics develops AI technology to support clinicians in the detection of particularly elusive forms of heart failure. According to research cited by the company, Heart Failure with Preserved Ejection ... Read more ›
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British Business Bank has backed automated software firm JECO in the first investment through the Regional Angels Programme’s new co-investment platform. West Yorkshire-based JECO, which develops automated toolsets designed for video game software developers and digital creatives, has secured a £960,000 investment led by Games Angels and featuring participation from British Business Bank. The round ... Read more ›
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Subs.com, the new content creation platform created by OnlyFans founder Tim Stokely (pictured) is launching a tool wherein subscribers can receive a share of the revenue earned by creators they follow, UKTN can exclusively reveal. Stokely, who founded OnlyFans – currently valued by Dealroom at $8bn (£5.9bn) – in 2016, launched the rival content creation platform ... Read more ›
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05.08.2025 10:28
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