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Bloom, ShardSecure, OpenDialog and Kapaga Secure Tech Funding

There’s some blooming good news as Bloom, ShardSecure, OpenDialog and Kapaga have netted tech funding in London and beyond.  Revenue-based lender Bloom has secured £300...

UK Government Unleashes Taskforce to Support Women Entrepreneurs

The UK government has launched a taskforce to try and increase the number of women-led businesses across the nation. The ‘Taskforce on Women-Led High-Growth Enterprises’...

Chinese Takeover of Newport Wafer Fab Gets UK National Security Probe

The UK government has announced a full national security assessment of the acquisition of Newport Wafer Fab by Chinese-owned Nexperia. Business Secretary Kwasi Kwarteng says...

New Fintech Deals for Thought Machine, WealthKernel and TrueLayer

There are three separate fintech deals for London-based companies Thought Machine, WealthKernel and TrueLayer this week. Finance app M1 has selected Thought Machine’s cloud-native core...

Paddle Pursues SaaS Supremacy with £160m ProfitWell Acquisition

Payment infrastructure player Paddle is propelling itself forwards with the acquisition of US subscription metrics software provider ProfitWell for $200 million (£160 million). Following its...

Trade Body techUK Urges Greater Quantum Investment

Trade association techUK is advocating for the propagation and commercialisation of quantum technologies and industry across the nation. In its report 'Positioning the UK for...

TransferMate, Previse, Greyparrot and Foodsteps Snap Up Tech Funding

London dominates the action with TransferMate, Previse, Greyparrot and Foodsteps picking up tech funding. TransferMate, a provider of B2B payments Infrastructure as a Service, has...

SeerBI Sets Sail for Maritime Glory with Net Zero ML Project

Promised land ahoy! SeerBI has teamed with Teesside University for a project to develop machine learning (ML) solutions to tackle emissions within the maritime...

Greggs Turns to Daisy and Cisco Meraki for Network Revamp

Newcastle-based food retailer Greggs has signed with long-standing technology partner Daisy Corporate Services to deliver an SD-WAN solution powered by Cisco Meraki. According to Lancashire-based...

Clearview AI Faces £7.5m Fine for Unfair Facial Recognition Data

The Information Commissioner’s Office (ICO) has fined American firm Clearview AI £7,552,800 for obtaining images of people in the UK without their consent.  The regulator...