Zack Hill

UK AI startup Fyxer AI secures $30 million Series B as it eyes $50 million ARR by year‐end

London‐based startup Fyxer AI has raised a $30 million Series B funding round led by Madrona Venture Labs, with participation from Lakestar and high-profile investors including Marc Benioff. The company, co-founded by Richard Hollingsworth,

October 22, 2025

by Zack Hill

Study finds humans still surpass advanced AI in real-world understanding

In the race to build artificial intelligence that truly “understands” how the world works, humans are still way ahead. A new study introduces a comprehensive evaluation framework called WorldTest, paired with a suite of interactive environments named AutumnBench, and the

November 7, 2025

by Zack Hill

McKinsey: Most firms stuck in AI pilot mode despite global surge

Three years after generative AI exploded onto the global stage, artificial intelligence has become a fixture

ScrubMarine: How this small UK startup plans to clean ship hulls and save billions?

A British maritime-robotics startup, ScrubMarine, has raised $1m (€849,000) in pre-seed funding to develop autonomous systems

Britain sets October 2027 start date for crypto rules

The UK will begin formally regulating cryptoassets from October 2027, the finance ministry said on Monday, as the government prepares to introduce new legislation to parliament. Under the plans, crypto firms will

December 15, 2025

FinTech

PolyAI raises $86 million as Investors bet on more human-sounding AI phone calls

PolyAI has just raised $86 million in a Series D funding round co-led by Georgian, Hedosophia, and Khosla Ventures. The list of backers is long and notable, including Nvidia’s venture arm NVentures,

December 15, 2025

Trending

Ex-RAF Officer Nicola Sinclair launches Twin Track with £5m NATO backing

Twin Track Ventures, a London-based early-stage venture fund led by former Royal Air Force officer Nicola Sinclair, has secured £5 million in its first close, backed by the NATO Innovation Fund (NIF)

December 11, 2025

Trending

Mollie moves to acquire GoCardless in strategic push to dominate European payments

Dutch payments giant Mollie is poised to acquire UK-based fintech GoCardless in a deal expected to be announced as early as this week, according to people familiar with the matter cited by

December 10, 2025

FinTech

Solve Intelligence raises $40M to build AI platform for global patent work

Solve Intelligence has announced a $40 million Series B funding round, bringing its total capital raised to $55 million. The London-based startup, which quietly built a powerhouse product for intellectual property (IP)

December 10, 2025

Business

Nick Clegg joins Hiro Capital as European VC Firm eyes $500m Fund

Nick Clegg, the former deputy prime minister of the United Kingdom and most recently a senior executive at Meta, has joined Hiro Capital as a partner. The London-based venture capital firm announced

December 10, 2025

FinTech

Nu Quantum raises $60M as UK pushes for leadership in quantum networking.

Nu Quantum, a Cambridge-based quantum technology firm, has secured $60 million in a Series A funding round, the largest ever raised by a pure-play quantum networking company and the biggest quantum-focused Series

December 10, 2025

Trending

UK launches ‘Atlantic Bastion’ – A high-tech shield against Russian undersea threats

At Royal Navy headquarters in Portsmouth on 8 December 2025, John Healey, the UK’s Defence Secretary, unveiled Atlantic Bastion, an ambitious, technology-driven programme intended to defend the UK and its allies against

December 9, 2025

Business

IBM bets $11 billion on Confluent to build the “Smart Data Platform” powering enterprise AI

IBM said Monday that it will acquire Confluent, the real-time data streaming company built on Apache Kafka, for $11 billion. The deal, announced jointly from IBM’s Armonk headquarters and Confluent’s Mountain View campus,

December 8, 2025

Trending

UK must brace for “Tomorrow’s cyber threats,” security Minister warns

The UK must urgently strengthen its defences against a rapidly escalating wave of cyber threats, Security Minister Dan Jarvis told business and tech leaders gathered at Westminster for the Cybersecurity Business Network’s

November 25, 2025

Trending

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Zack Hill

UK AI startup Fyxer AI secures $30 million Series B as it eyes $50 million ARR by year‐end

Study finds humans still surpass advanced AI in real-world understanding

McKinsey: Most firms stuck in AI pilot mode despite global surge

ScrubMarine: How this small UK startup plans to clean ship hulls and save billions?

Britain sets October 2027 start date for crypto rules

PolyAI raises $86 million as Investors bet on more human-sounding AI phone calls

Ex-RAF Officer Nicola Sinclair launches Twin Track with £5m NATO backing

Mollie moves to acquire GoCardless in strategic push to dominate European payments

Solve Intelligence raises $40M to build AI platform for global patent work

Nick Clegg joins Hiro Capital as European VC Firm eyes $500m Fund

Nu Quantum raises $60M as UK pushes for leadership in quantum networking.

UK launches ‘Atlantic Bastion’ – A high-tech shield against Russian undersea threats

IBM bets $11 billion on Confluent to build the “Smart Data Platform” powering enterprise AI

UK must brace for “Tomorrow’s cyber threats,” security Minister warns

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