Multiverse and Age UK Partner on AI and Data Academy
Multiverse has teamed up with Age UK to launch an AI and data academy for 60 staff members. The programme spans Level 3 to Level 6 courses, teaching tools such as Microsoft Copilot, Power BI, and machine‑learning fundamentals. By upskilling its workforce, Age UK aims to streamline fundraising, accelerate data‑driven insights, and better serve millions of older adults facing poverty and isolation. The initiative marks a shift toward technology‑enabled charity operations in the UK’s aging society.
British Business Bank Commits £35m to New Episode 1 Fund
The British Business Bank has pledged up to £35 million (≈ $45 million) as a cornerstone investment in Episode 1 Ventures’ Fund IV. Episode 1 focuses on pre‑seed and seed‑stage UK software companies, emphasizing AI, infrastructure, deep‑tech and biotech, aligning with the UK’s industrial strategy. The...
Urfuture Raises £1.7m to Rebuild Entry-Level Hiring
Manchester‑based HR‑tech startup urfuture announced a £1.7 million seed round (≈$2.2 million) to overhaul entry‑level hiring in the AI era. The platform swaps traditional CVs and job boards for a social‑first, behavioural‑science matching engine that surfaces higher‑intent, diverse candidates. Backed by River...
UK Tech Funding Roundup: This Week’s Deals From Wayve to The Little Loop
UK tech investment surged 45% week‑on‑week, reaching £76.7 m (≈$96 m) across seven rounds from 13‑17 April. The headline deal was Wayve’s £44 m (≈$55 m) Series D extension, backed by AMD, Arm and Qualcomm Ventures, to accelerate its autonomous‑driving software. Other notable raises included Altilium’s...
Definely Founder: For the Cause, Not the Applause
Definely, founded by Nnamdi Emelifeonwu, offers an AI‑powered platform that automates legal document creation and review. The founder stresses staying mission‑focused over seeking hype, highlights the strategic value of an early head of people hire, and details how the company...
A Look at One of the Biggest Years in Quantum
The Quantum Economic Development Consortium’s 2026 report shows the global quantum market expanding to $1.9 bn in 2025, driven by $1.4 bn in computing and $470 m in sensing revenues. Workforce growth accelerated, with 16,000 new pure‑play quantum hires and 8,000 related positions...
Aussie Fintech Unicorn Zeller to Take on UK Market
Australian fintech unicorn Zeller, valued at $1 bn after a 2022 funding round, announced its first overseas expansion by launching in the United Kingdom. Founded in 2020, Zeller offers an integrated business‑payment and financial‑management platform that has quickly attracted millions of...
StirLight Secures £1.25m for Friction Stir Welding Quality Assurance Platform
StirLight has raised £1.25 million (approximately $1.6 million) to fast‑track commercialisation of its StirSense platform, a real‑time quality‑assurance solution for friction stir welding (FSW). The round combines over £750 k in pre‑seed capital from Haatch Ventures, the British Business Bank, D2N2 and angel...
Ralio Raises £1.8m for Its Agentic Business Payments Platform
UK fintech Ralio has closed a £1.8 million (about $2.3 million) pre‑seed round to build its agentic payments platform. The round was oversubscribed, led by Sure Valley Ventures and joined by Seed X, Love Ventures, Plug and Play, and other investors. Ralio’s...
AI Court Transcripts Could Boost Justice for Victims
HM Courts & Tribunals Service (HMCTS) has launched a study to evaluate its in‑house AI tool, Justice Transcribe, for automatically generating court hearing transcripts. The research aims to meet accuracy standards while slashing the current cost, which can run up...