About the tech industry, for the tech industry, UKTN is the ultimate resource for the latest UK tech news, views, information, data and events. Formerly Tech City News, UKTN is the new name and destination for UK tech.

Not only do we provide you with the latest news on the UK tech space – from recent investments to changes in policy – our close relationships with industry leaders and game changers gives us the edge in publishing exclusive interviews with inspiring tech pioneers and producing events that bring the industry together and celebrate growth and innovation in the UK.

UKTN

Mining robot maker Tribe Tech Group raises £4.6m in London IPO. ⚡️

Charlie King, CEO and founder of Tribe Tech, said: “We believe that AIM is a natural fit for Tribe Tech, with its international investor base and proven track record for helping technology companies achieve their growth ambitions.”

#mining #robot #ipo #investment #technology #funding #UKtech

Lancaster spinout Mindgard gets £3m for AI security tools. ⚡️

London-based AI cybersecurity startup Mindgard has secured £3m in seed financing from investors IQ Capital and Lakestar.

The startup has developed a platform for businesses to test the security of AI models. Mindgard says its platform interoperates with “almost any” cybersecurity system.

#spinout #investment #funding #business #ai #universities #cybersecurity #UKtech

Wellmind Health appoints techUK board member as chair. 💡

Wellmind Health has appointed techUK and NHS England’s SME commercial advisory board member Heather Cook as its newest chair.

Mark Hunt, CEO of Wellmind Health, said: “With increasing patient demand and sustained pressures on healthcare services, such as the need to address drug over-prescription, waiting list lengths, and find in-year cost savings, we look forward to creating more positive impacts on a greater number of services and people in need across health and social care sectors globally.”

#health #member #techuk #advisory #recruitment #hiring #UKtech

Arm targets IPO valuation up to £43bn. ❗️📈

In a regulatory filing published on Tuesday, Arm estimates shares will be priced between $47 and $51. With 95,500,000 shares being offered that puts the valuation between $50bn and $52bn.

#deeptech #ipo #arm #valuation #semiconductor #UKtech

Automotive hologram firm Envisics closes £80m funding. 📈

The company said it will use the proceeds of the funding round to refine its technology and accelerate into new markets.

“We continue to make great progress on developing and delivering dynamic holography as a viable product at scale to the world’s leading automakers,” said Dr Jamieson Christmas, CEO and founder of Envisics.

#market #funding #automotive #investment #automakers #UKtech

Mocean Energy gets £3m wave of EU funding. 🌱

The Scottish company has developed technology to harness the energy of waves offshore. One of those machines, the Blue Horizon 250 (kW), will be connected to the grid via the European Marine Energy Centre and tested for 12 months.

Mocean said it will bring in private funding to complete the project.

#energy #funding #renewableenergy #investment #offshore #UKtech

Labour appoints Peter Kyle as shadow tech secretary. 🔎

The MP for Hove and Portslade is now responsible for shaping Labour’s tech policy and will sit opposite Michelle Donelan, the secretary of state for science and tech.

The reshuffle sees Labour mirror Prime Minister Rishi Sunak’s move to split science and technology from its predecessor – the Department for Digital, Culture, Media and Sport (DCMS) – to a dedicated science, tech and innovation department.

#tech #mp #ukgovernment #science #tech #innovation #UKtech

Startup nets £5m to connect carbon projects with corporate financing. 🌱

Opna (Formerly SALT), was founded in February 2022. It aims to “rebuild trust” in voluntary carbon markets, which are a marketplace for carbon emitters to purchase carbon credits generated from initiatives removing or reducing greenhouse gas emissions.

“To achieve their net zero commitments, an increasing number of corporates are seizing control by directly financing the carbon projects underlying the carbon credits,” said Opna founder Shilpika (Shilps) Gautam.

#startup #carbon #financing #seedfunding #marketplace #greenhousegasemissions #UKtech

Belfast-based Enzai raises £3.2m for AI governance software. ⚡️

“We founded Enzai with a clear vision: to empower organisations to harness the incredible potential of AI, while minimising the risks involved,” said co-founder Ryan Donnelly.

Developers can test how their AI copes with different policies and procedures in “real time”, the startup said.

#ai #funding #investment #policy #software #risks #UKtech

Manufacturing tech projects awarded over £50m. 📈

Hydrogen tractors, self-driving cars and automotive sensors are among projects and firms collecting over £50m in government grant funding.

Minister for Industry and Economic Security Nusrat Ghani MP said: “The UK automotive sector is at the cutting edge of exploiting innovative technologies. These have the potential to create jobs, grow the economy and accelerate how we reach net zero.”

#governmentgrant #economy #automation #funding #netzero #selfdrivingcars #tech #UKtech

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