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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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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 CTX‑187 and further development toward Phase II.

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 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)
Rotageek Founder: Your First Idea Is Probably Wrong
News•Feb 20, 2026

Rotageek Founder: Your First Idea Is Probably Wrong

Rotageek co‑founder Chris McCullough warns first‑time founders that their initial idea is often wrong, but solving a real, paying problem is essential. He discovered that while hospital rostering was broken, the first market with budget and urgency was retail, prompting...

By UKTN (UK Tech News)
British Business Bank Explores Private Equity with £60m Deal
News•Feb 19, 2026

British Business Bank Explores Private Equity with £60m Deal

The British Business Bank announced a £60 million commitment to NorthEdge IV, marking its first foray into private‑equity investments under a new growth‑equity strategy. The government‑owned development bank will back the Manchester‑based firm’s fourth fund, which targets founder‑led SMEs across technology, healthcare...

By UKTN (UK Tech News)
Agentic Finance Platform Stacks Raises £17m
News•Feb 19, 2026

Agentic Finance Platform Stacks Raises £17m

Fintech startup Stacks announced a £17 million ($23 million) Series A round, led by Lightspeed Ventures and joined by EQT Ventures, General Catalyst and S16VC. The company, which emerged from stealth after an £8.9 million seed, offers an AI‑ready data layer that consolidates fragmented...

By UKTN (UK Tech News)
ClearBank Appoints Ex-Uber Exec to Oversee European Expansion
News•Feb 19, 2026

ClearBank Appoints Ex-Uber Exec to Oversee European Expansion

ClearBank has appointed former Uber payments chief Tristan Kirchner as its European CEO to accelerate the bank’s cross‑border growth. The fintech already holds an EU banking licence and serves more than 30 clients across multiple markets. Kirchner will oversee the...

By UKTN (UK Tech News)
Tech-Powered Credit Reform Could Add £7bn to the UK’s GDP, Report Claims
News•Feb 18, 2026

Tech-Powered Credit Reform Could Add £7bn to the UK’s GDP, Report Claims

ClearScore’s new white paper argues that modernising credit‑worthiness assessments with open‑banking data and AI could add up to £7 bn to the UK’s annual GDP. It highlights that 17 million adults face a £2 bn credit supply gap, with up to 60% of...

By UKTN (UK Tech News)
Thermal Intelligence Company Raises £30m in NATO-Backed Round
News•Feb 18, 2026

Thermal Intelligence Company Raises £30m in NATO-Backed Round

SatVu, a London‑based defence‑tech firm, raised £30 million in a round backed by the NATO Innovation Fund, the British Business Bank and other investors. The funding brings total capital to £60 million and will enable the company to expand from a single‑satellite...

By UKTN (UK Tech News)
Liverpool Startup Taking ‘Moneyball Approach’ to Ecommerce Raises £2.4m
News•Feb 17, 2026

Liverpool Startup Taking ‘Moneyball Approach’ to Ecommerce Raises £2.4m

Liverpool‑based Made With Intent, founded in 2023, has secured £2.4 million in a funding round led by the Northern Powerhouse Investment Fund II. The startup offers an AI‑powered model that analyses hundreds of on‑site signals to deliver real‑time shopper‑intent insights for ecommerce...

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)
Octopus Energy Pours $1bn to US Clean Tech Market
News•Feb 16, 2026

Octopus Energy Pours $1bn to US Clean Tech Market

Octopus Energy is committing just under $1 billion to California’s clean‑tech sector through its Octopus Energy Generation arm. The capital will fund two carbon‑removal firms focused on grassland restoration and reforestation, and acquire a solar‑plus‑battery project slated to operate by July...

By UKTN (UK Tech News)
Investment Fund for Wales Sees Largest-Ever Deal
News•Feb 16, 2026

Investment Fund for Wales Sees Largest-Ever Deal

British Business Bank’s £130 m Investment Fund for Wales has completed its largest single investment, a £3.5 m injection into engineering services firm Advantiv. The deal, executed by fund manager Foresight Group, marks the 102nd investment since the fund’s 2023 launch. Advantiv...

By UKTN (UK Tech News)
Scaling Our Spinout Ecosystem
News•Feb 16, 2026

Scaling Our Spinout Ecosystem

The UK spinout ecosystem has attracted over $19.2 billion in venture capital since 2020, making it Europe’s largest hub for science‑based startups. However, a shortage of domestic scale‑up capital, founder‑focused tax and visa constraints, and a procurement system that favors large...

By UKTN (UK Tech News)
Manchester Innovation District Signs International Partnership Deal
News•Feb 13, 2026

Manchester Innovation District Signs International Partnership Deal

Manchester’s £1.7bn Sister innovation district has entered a 12‑month partnership with Ireland’s Platform94, a tech hub in Galway. The agreement provides reciprocal access to workspaces and corporate networks, enabling startups in both regions to collaborate on AI, medical technologies and...

By UKTN (UK Tech News)
UK Tech Funding Roundup: This Week’s Deals From Tem to Occam Industries
News•Feb 13, 2026

UK Tech Funding Roundup: This Week’s Deals From Tem to Occam Industries

UK tech investment this week totaled £82.5 million across six rounds, an 81% drop from the prior week, partly due to last week’s £368 million ElevenLabs megadeal. The headline transaction was tem’s £55 million Series B, an energy‑brokerage platform matching buyers with suppliers. Seed‑stage...

By UKTN (UK Tech News)
Google’s Gemini to Be Integrated Into Major UK Property Platform
News•Feb 13, 2026

Google’s Gemini to Be Integrated Into Major UK Property Platform

Rightmove, the UK’s leading digital property portal, will embed Google’s Gemini large‑language‑model into its search service. The integration enables conversational, natural‑language queries and personalised property discovery, letting users describe homes in plain English instead of ticking boxes. Gemini’s AI will...

By UKTN (UK Tech News)
Wexler Founder: Don’t Worry About the Competition
News•Feb 13, 2026

Wexler Founder: Don’t Worry About the Competition

Gregory Mostyn, co‑founder and CEO of Wexler, says founders should ignore competitors and concentrate on building truly unique solutions. Wexler is creating a new “fact intelligence” category for legal, compliance, HR, tax and forensics teams, leveraging AI for extraction, verification...

By UKTN (UK Tech News)
In Conversation With: Bloomberg’s Amanda Stent
News•Feb 10, 2026

In Conversation With: Bloomberg’s Amanda Stent

Amanda Stent, Bloomberg's head of AI strategy, says artificial intelligence is now a core reality for financial services, yet regulatory frameworks lag behind. She emphasizes that responsible AI—transparent attribution, explainability, and robust guardrails—is essential for trust and competitive advantage. Bloomberg...

By UKTN (UK Tech News)
UK Space Agency Launches Programme to Boost Industry Skills
News•Feb 10, 2026

UK Space Agency Launches Programme to Boost Industry Skills

The UK Space Agency has unveiled the Skills for Space internship programme, offering 50 paid eight‑week placements for undergraduates and further‑education students across the country. The scheme aims to address a widening talent gap, as a recent Space Skills Survey...

By UKTN (UK Tech News)
Energy Scaleup Group Secures £55m Series B Round
News•Feb 10, 2026

Energy Scaleup Group Secures £55m Series B Round

London‑based tem has closed a $75 million (£55 million) Series B round, led by Lightspeed Ventures and backed by Hitachi Ventures, Atomico and others. The startup, founded in 2021, offers what it calls the first AI‑native energy transaction infrastructure, combining an AI‑powered engine,...

By UKTN (UK Tech News)
The UK Must Not Lose Its Fintech Crown – Emma Hagan, ClearBank
News•Feb 10, 2026

The UK Must Not Lose Its Fintech Crown – Emma Hagan, ClearBank

Emma Hagan, CEO of ClearBank, highlighted the United Kingdom’s historic leadership in fintech and warned that the nation must act to preserve its crown. She noted ClearBank’s milestone as the first new clearing bank in over two centuries, providing payments,...

By UKTN (UK Tech News)
Veteran Investor Appointed as BBB’s Managing Director of Direct Equity
News•Feb 9, 2026

Veteran Investor Appointed as BBB’s Managing Director of Direct Equity

The British Business Bank has named Charlotte Lawrence as managing director of direct equity, tasking her with overseeing the bank’s direct and co‑investment activities. Her appointment follows 2025 reforms that require the bank to increase both the number and size...

By UKTN (UK Tech News)
Former City Minister Appointed to Open Banking Board
News•Feb 9, 2026

Former City Minister Appointed to Open Banking Board

John Glen, former city minister and ex‑Treasury official, has been appointed as a non‑executive director to the board of Open Banking Limited (OBL). His appointment comes just before OBL publishes its Long‑Term Regulatory Framework and Payments Forward Plan, which will...

By UKTN (UK Tech News)

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