British broadband terminal startup Isotropic has won a $42 million funding round, which it says brings the firm closer to its first commercial product rollout. The round, led by satellite company SES,…
Dyson to Kick Off $3.7bn Tech Spending Spree
British appliances firm Dyson says it will invest an extra £2.75bn ($3.67bn) in new technology over the next five years, as it aims to double the number of products it sells. The…
UK “Urgently” Needs New Tech Watchdog – Report
A leading British think tank believes the country needs a new watchdog to keep tech companies in check, as it claims Britons are “recalibrating” their relationship with technology. Doteveryone, led by Last…
UK Startups to Government: Bail Us Out or Risk Future
A dozen of the UK’s leading startup founders have written an open letter to the country’s chancellor, Rishi Sunak, pleading for changes to Downing Street’s COVID-19 business relief packages. The letter, released…
UK Outlines $1bn “Blue Skies” Tech Fund to Rival US and China
The British government has announced plans for a $1 billion (£800m) moonshot tech-funding agency, that it hopes will help the country compete with China and the United States beyond Brexit. Chancellor Rishi…
UK Launches $5.2m India CleanTech Project
The British government has launched a $5.2 million fund to root out cutting-edge social- and cleantech startups in India. The “Innovation Challenge Fund” will aid collaboration across AI, Big Data and other…
Tech Key in UK Vote – But Will British Tech Industry Fare Well with Tory Win?
Britain has spoken – and it overwhelmingly wants a Tory government. So heavy was Jeremy Corbyn’s Labour defeat, that such a loss hasn’t been registered by Britain’s biggest leftwing political party since…
London VC Basinghall Partners Announces $109m European Fund
London-based venture capital firm Basinghall Partners has announced its its first VC fund, aimed at early-stage startups across Europe. The Basinghall Tech Fund, which totals $109 million, will invest between $550,000 and…
BGL Group CIO Stuart Walters: AI Will Change Insurance Forever. Rushing it Can be Fatal
BGL Group has spent 27 years becoming European insurance royalty. Now the Peterborough, UK-based fintech unicorn, with offices spread across the continent, the company’s CIO explains that BGL is perfectly positioned to…
London is Europe’s AI King – Will it Protect the Throne Past Brexit?
London is the perfect place to grow a deep-tech startup. But with Britain’s withdrawal from the European Union fast approaching, is there a danger its sprawling, frenetic capital may lose its belt…