Mobility startup Arrival has successfully obtained a £40.3 million ($50 million) bridge loan from its existing investors, aimed at facilitating a “potential sale or strategic alternative transaction,” as…
The UK government, led by The Rt Hon Sir John Whittingdale OBE MP and John Lamont MP, has allocated a £36 million fund to drive innovation through 5G…
Belfast, under the leadership of Belfast City Council, has secured £3.8 million in funding for wireless innovation from the UK Department for Science, Innovation, and Technology (DSIT), making…
The Department for Digital, Culture, Media & Sport, in collaboration with the Office for Artificial Intelligence and The Rt Hon Chris Philp MP, announced Today a £17 million…
London-based AI coaching app Bloom has announced its official launch in the UK and US, backed by an impressive £8 million ($10 million) seed investment. Established just last…
Amidst the frosty climate of the crypto industry, marked by a prolonged bear market and the collapse of major players like FTX, Blockchain.com has emerged with a resilient…
Artificial intelligence (AI) advancements pose an escalating danger to the integrity of the upcoming UK general election, according to a cautionary statement from Britain’s cyber security authority, the…
Maven Capital Partners has taken the lead in a funding round that injected £3.1 million into Sensoteq, a wireless sensor company based in Belfast. Founded in 2016, Sensoteq…
Paul Scully has been ousted from his role as the minister for tech and the digital economy in Prime Minister Rishi Sunak’s recent cabinet reshuffle. Additionally, the MP…
London-based Fnality International, founded in 2019, has successfully raised £77.7 million in a Series B funding round spearheaded by Goldman Sachs and BNP Paribas. The fintech startup…
George Freeman has resigned as the Minister for Science, Research, and Innovation as part of Prime Minister Rishi Sunak’s recent cabinet reshuffle. Freeman, who was reappointed just last…
Scottish wave energy innovator, Mocean Energy, has secured a substantial financial injection of £2.2 million in new equity, complemented by a £500,000 grant. This funding boost is aimed…
ViaNautis, a nanomedicine company based in Cambridge, has secured a substantial $25 million in Series A funding in a round led by 4BIO Capital, BGF, and UCB Ventures.…
