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UKTN (UK Tech News)

UKTN (UK Tech News)

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UK startup and tech company news, funding, and profiles.

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IProov Founder: Own Your Mistakes
News•Feb 27, 2026

IProov Founder: Own Your Mistakes

Andrew Bud, founder and CEO of iProov, stresses that founders must own their mistakes and keep leadership clear, rather than blaming teams. He advises new entrepreneurs to prioritize solving a real market problem over the allure of technology. Bud also highlights the importance of hiring smarter talent and fostering an environment where dissent thrives. Finally, he points out that biometric verification is often misunderstood; the true challenge lies in proving genuine, real‑time presence amid AI‑driven fraud.

By UKTN (UK Tech News)
Skyscanner Turns to ChatGPT with AI Flight App
News•Feb 27, 2026

Skyscanner Turns to ChatGPT with AI Flight App

Skyscanner has launched a new AI-powered flight planning app within ChatGPT, leveraging OpenAI's GPT‑4 model. The app lets users ask natural‑language queries and receive personalized flight options and pricing. Skyscanner serves about 160 million monthly users, positioning itself among the first...

By UKTN (UK Tech News)
Space Tech Investor Exceeds $100m for Close of Its Latest Fund
News•Feb 26, 2026

Space Tech Investor Exceeds $100m for Close of Its Latest Fund

Seraphim Space, a UK‑based venture capital firm dedicated to space technology, closed its latest early‑stage fund at over $100 million, backing 17 companies that blend advanced space tech with artificial intelligence. The portfolio targets sectors such as defence, climate mitigation, life‑science...

By UKTN (UK Tech News)
The Hidden Risks in AI Legal Advice: Why SMEs Must Not Confuse Speed with Strategy
News•Feb 25, 2026

The Hidden Risks in AI Legal Advice: Why SMEs Must Not Confuse Speed with Strategy

UK SMEs increasingly rely on AI-generated legal advice to cut costs and accelerate operations. While AI can produce quick drafts, the article warns that such advice is often only “almost right,” leading to misallocated risk, jurisdictional errors, and costly disputes....

By UKTN (UK Tech News)
Multiverse Poaches Amazon VP to Run Product Team
News•Feb 25, 2026

Multiverse Poaches Amazon VP to Run Product Team

Multiverse, the up‑skilling edtech unicorn, has hired Amazon’s VP of product and technology, Jay Richman, as its new chief product officer. Richman, who led Amazon’s agentic AI initiatives and spent a decade at Spotify and Hulu, will relocate to London...

By UKTN (UK Tech News)
In Conversation With: Cirata’s Stephen Kelly
News•Feb 24, 2026

In Conversation With: Cirata’s Stephen Kelly

Stephen Kelly, chief executive of data‑management firm Cirata, warned that UK businesses face a perfect storm of AI‑driven disruption, geopolitical tension and reliance on overseas data infrastructure. He argued that data sovereignty and robust disaster‑recovery planning are now essential to...

By UKTN (UK Tech News)
Brainomix Extends Series C with New £5m Investment
News•Feb 24, 2026

Brainomix Extends Series C with New £5m Investment

Oxford spin‑out Brainomix has raised an additional £4.8 million, extending its Series C round to £18.8 million. The capital will fund the scaling of its FDA‑cleared AI imaging platforms, Brainomix 360 Stroke and e‑Lung, across U.S. hospitals and further European markets. Existing investors Parkwalk Advisors...

By UKTN (UK Tech News)
Canva Acquires Manchester Animation Software Group Cavalry
News•Feb 24, 2026

Canva Acquires Manchester Animation Software Group Cavalry

Australian design platform Canva announced the acquisition of Manchester‑based 2D animation software company Cavalry. Cavalry, founded in 2019, powers motion designers at firms such as Amazon, Meta, Google and Netflix with data‑integrated animation tools. The deal adds motion‑design capabilities to...

By UKTN (UK Tech News)
Cheshire-Based Biotech Scores £30m Series A Round
News•Feb 24, 2026

Cheshire-Based Biotech Scores £30m Series A Round

Centauri Therapeutics, based in Alderley Park, Cheshire, announced a £30 million Series A financing round to accelerate its antimicrobial immunotherapy program. The round includes a £6 million investment from the AMR Action Fund and builds on a prior £3.8 million CARB‑X grant. The capital...

By UKTN (UK Tech News)
Tech Alone Won’t Save UK Healthcare – Finn Stevenson, Flok Health
News•Feb 24, 2026

Tech Alone Won’t Save UK Healthcare – Finn Stevenson, Flok Health

Finn Stevenson, CEO of AI‑driven physiotherapy startup Flok Health, discussed on the UKTN Podcast how slow reform in the NHS hampers patient care, especially for back‑pain sufferers. He highlighted Flok's hybrid model that combines algorithmic triage with live physiotherapist sessions...

By UKTN (UK Tech News)
Centauri Therapeutics Raises £30m Series A Round
Deals•Feb 24, 2026

Centauri Therapeutics Raises £30m Series A Round

Centauri Therapeutics, a Cheshire‑based biotech, announced a £30 million Series A funding round to advance its antimicrobial immunotherapy programme, including a £6 million investment from AMR Action Fund. The capital will support the completion of Phase I trials for its lead candidate...

UKTN (UK Tech News)
Canva Acquires Manchester-Based Animation Platform Cavalry
Deals•Feb 24, 2026

Canva Acquires Manchester-Based Animation Platform Cavalry

Australian design software leader Canva announced the acquisition of Manchester‑based 2D animation platform Cavalry, expanding its Affinity suite with motion‑design capabilities. The deal, valued as undisclosed, marks an exit for early backer ACF Investors and aims to make animation tools...

UKTN (UK Tech News)
Brainomix Raises £4.8m in Series C Extension, Bringing Total to £18.8m
Deals•Feb 24, 2026

Brainomix Raises £4.8m in Series C Extension, Bringing Total to £18.8m

Oxford‑based AI imaging firm Brainomix announced a £4.8 million extension to its Series C round, taking the total to £18.8 million. The new funding, led by existing investors Parkwalk Advisors and Hostplus (via the IP Group Hostplus Innovation Fund) and joined by new...

UKTN (UK Tech News)
Guinness Ventures Targets £3m for New Founders SEIS
News•Feb 23, 2026

Guinness Ventures Targets £3m for New Founders SEIS

Guinness Ventures has launched Guinness Founders SEIS, a Seed Enterprise Investment Scheme vehicle aimed at investing in early‑stage UK companies. The fund targets a £3 million raise to back up to 20 businesses with investments ranging from £100,000 to £250,000, focusing...

By UKTN (UK Tech News)
Starling Bank’s SaaS Business Expands to Fourth Country
News•Feb 23, 2026

Starling Bank’s SaaS Business Expands to Fourth Country

Starling Bank’s Engine, its banking software‑as‑a‑service platform, has entered a fourth international market by signing a deal with New Zealand‑based SBS Bank. The Engine business posted FY25 revenue of £8.7 million, reflecting an almost 300% year‑on‑year increase. Existing deployments span Romania’s Salt...

By UKTN (UK Tech News)
Guinness Ventures Launches Guinness Founders SEIS Fund Targeting £3m Raise
Deals•Feb 23, 2026

Guinness Ventures Launches Guinness Founders SEIS Fund Targeting £3m Raise

Guinness Ventures announced the launch of its Guinness Founders SEIS fund, aiming to raise £3 million to invest in up to 20 early‑stage UK companies with investments of £100k‑£250k each. The SEIS‑backed vehicle will focus on business services and healthcare, with...

UKTN (UK Tech News)
UK Tech Funding Roundup: This Week’s Deals From Fyld to Nul
News•Feb 20, 2026

UK Tech Funding Roundup: This Week’s Deals From Fyld to Nul

UK tech investment surged 21% week‑on‑week, reaching £99.86 million across seven rounds from 16‑20 February. AI‑focused startups attracted the bulk of capital, with Fyld raising £32 million and SurrealDB £17 million, while defence‑tech SatVu secured £30 million from NATO‑backed investors. Fintech, ecommerce and health‑tech also...

By UKTN (UK Tech News)
Royal Academy of Engineering’s Enterprise Hub Named Top UK Accelerator
News•Feb 20, 2026

Royal Academy of Engineering’s Enterprise Hub Named Top UK Accelerator

The Royal Academy of Engineering’s Enterprise Hub has been crowned the UK’s top accelerator for spin‑outs and startups in a joint Statista, Financial Times and Sifted analysis. The ranking considered alumni feedback, investor and academic recommendations, and the post‑program success of...

By UKTN (UK Tech News)
Made With Intent Raises £2.4m in Funding Round Led by Northern Powerhouse Investment Fund II
Deals•Feb 17, 2026

Made With Intent Raises £2.4m in Funding Round Led by Northern Powerhouse Investment Fund II

Liverpool-based startup Made With Intent, which offers an AI-powered model for real-time ecommerce customer insights, announced a £2.4m fundraising round. The round was led by Northern Powerhouse Investment Fund II, managed by PXN Ventures. The startup counts Hotel Chocolat, Benson...

UKTN (UK Tech News)
British Business Bank Commits £45m as Cornerstone Investment in Redrice Ventures’ New Fund
Deals•Feb 17, 2026

British Business Bank Commits £45m as Cornerstone Investment in Redrice Ventures’ New Fund

British Business Bank has made a £45 million cornerstone commitment to Redrice Ventures’ fund, which aims to raise £75 million to back purpose‑driven consumer brands and B2B technology. The investment is part of the bank’s Enterprise Capital Funds programme to boost early‑stage...

UKTN (UK Tech News)

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