A UK under-16 social media ban, for years a fringe idea, is now days from becoming government policy. Ministers are expected to outline the plan to Parliament on Monday, ahead of the 18 June Makerfield by-election, according to POLITICO, which cited pe…
Britain’s Technology Secretary Liz Kendall has pledged to strengthen efforts to channel institutional investment into UK tech companies. Speaking to Bloomberg TV during London Tech Week, Kendall said the government would pursue legal reforms to how pen…
An Irish company that uses AI to stop crashes before drivers see them coming has raised up to €49m to expand in North America and Europe. CameraMatics, founded in Dublin in 2016, makes a video-telematics platform for commercial fleets. Its cameras and …
One of Europe’s oldest deep-tech specialists is opening a London office, and pitching it as a fresh expansion into new territory. Companies House tells a slightly different story. Vsquared Ventures, founded in Munich and known for raising one of Europe…
Capsa AI, a London and New York startup building what it calls an “AI operating system” for private capital, has raised $18M in Series A funding. The round was co-led by TX Ventures and Pivot Investment Partners, with participation from Bek Ventures, a…
The European Central Bank quietly moved to rein in Revolut last year, restricting Europe’s most valuable fintech from launching new products across the European Economic Area over concerns about how fast it approved them, the Financial Times reported o…
Amazon is deepening its UK investment, putting more than £1bn into two sites in Northamptonshire and adding over 4,000 jobs in one of the largest single-county commitments of its £40bn UK programme. The company has opened a £500M fulfilment centre in N…
Cambridge Aerospace, a British defence-technology startup building systems to shoot down drones and cruise missiles, is in talks to raise around $300M at a valuation of about $3.5bn, according to a Bloomberg report citing people familiar with the matte…
The UK government used London Tech Week to announce a £1.1 billion AI Hardware Plan and a £200 million AI Adoption package, alongside reforms that will put AI into the justice system and a new data lab aimed at preventing homelessness. The announcement…
A London startup called Zaro has come out of stealth. Cherry Ventures led its $5.1mn pre-seed round. Zaro wants to build one AI workspace that a company owns, not its software vendors. Who is backing Zaro The angel list is senior for such an early roun…