{ "as_of": "2026-10-29", "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS)", "fx_url": "https://www.bankofengland.co.uk/boeapps/database/", "rows": [ { "id": "DEAL-CHIP-017", "date": "2026-10-14", "year": "2026", "kind": "funding_round", "company_text": "Salience Labs (BIZ-CHIP-012)", "company_id": "BIZ-CHIP-012", "counterparty": "Bullhound Capital (lead)", "amount": 125000000, "amount_text": "125000000", "currency": "USD", "valuation_reported": null, "summary": "Oversubscribed Series B with AMD Ventures, Intel Capital, SBI Group, Hudson River Trading and British Business Bank.", "sources_text": "https://tech.eu/2026/10/14/salience-labs-secures-125m-to-scale-photonic-chips-for-ai-data-centres/ — \"$125 million\"; https://thenextweb.com/news/salience-labs-125m-optical-switching — \"oversubscribed $125M Series B\"", "source_urls": [ "https://tech.eu/2026/10/14/salience-labs-secures-125m-to-scale-photonic-chips-for-ai-data-centres/", "https://thenextweb.com/news/salience-labs-125m-optical-switching" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2026-10-14", "date_sort": "2026-10-14", "before_ledger_start": false, "amount_gbp": 94984802, "fx_rate": 1.316, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.316 per £ on 2026-10-14", "fx_date": "2026-10-14", "fx_note": "", "txt": "US$125m", "gbp_txt": "£95m", "show": true }, { "id": "DEAL-CHIP-7001", "date": "2026-10", "year": "2026", "kind": "funding_round", "company_text": "Fractile", "company_id": "BIZ-CHIP-005", "counterparty": null, "amount": 577400000, "amount_text": "577400000", "currency": "GBP", "valuation_reported": null, "summary": "Series C of £577.4M ($774M) as written in the file, filed via nine Companies House allotments between Sept and Oct 2026 at up to £1,452.35 a share; the file calls it 3.5x the £162.8M/$220M May 2026 Series B. (Chips file line 39; no source link given.)", "sources_text": "Alex's Chips file, line 39", "source_urls": [], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2026-10 (Sept–Oct 2026, nine Companies House allotments)", "date_sort": "2026-10-00", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": 577400000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£577.4m", "gbp_txt": "£577.4m", "show": true, "round7": true }, { "id": "DEAL-CHIP-028", "date": "2026-09-29", "year": "2026", "kind": "rename", "company_text": "Semiconductor Catapult (BIZ-CHIP-033)", "company_id": "BIZ-CHIP-033", "counterparty": null, "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Compound Semiconductor Applications Catapult relaunched as the Semiconductor Catapult with an AI hardware remit.", "sources_text": "https://www.uktech.news/semiconductor/uk-launches-expanded-semiconductor-catapult-targeting-ai-hardware-and-defence-20260929 — \"AI hardware, defence and other strategically important sectors\"", "source_urls": [ "https://www.uktech.news/semiconductor/uk-launches-expanded-semiconductor-catapult-targeting-ai-hardware-and-defence-20260929" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2026-09-29", "date_sort": "2026-09-29", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-CHIP-2025", "date": "2026-09-29", "year": "2026", "kind": "rename", "company_text": "Semiconductor Catapult", "company_id": "BIZ-CHIP-033", "counterparty": null, "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Compound Semiconductor Applications Catapult relaunched as Semiconductor Catapult with AI hardware remit.", "sources_text": "https://www.uktech.news/semiconductor/uk-launches-expanded-semiconductor-catapult-targeting-ai-hardware-and-defence-20260929 (trade) — \"The UK's Compound Semiconductor Applications Catapult has relaunched as the Semiconductor Catapult\"", "source_urls": [ "https://www.uktech.news/semiconductor/uk-launches-expanded-semiconductor-catapult-targeting-ai-hardware-and-defence-20260929" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2026-09-29", "date_sort": "2026-09-29", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-CHIP-024", "date": "2026-09-03", "year": "2026", "kind": "major_contract", "company_text": "IQE (BIZ-CHIP-023)", "company_id": "BIZ-CHIP-023", "counterparty": "Quintessent", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Purchase agreement for quantum-dot laser epiwafers for AI optical interconnects.", "sources_text": "https://www.iqep.com/media/press-releases/2026/iqe-announces-purchase-agreement-with-quintessent-as-quantum-dot-laser-technology-moves-to-customer-sampling/ — \"for the supply of Quantum Dot Laser (QDL) epitaxy\"", "source_urls": [ "https://www.iqep.com/media/press-releases/2026/iqe-announces-purchase-agreement-with-quintessent-as-quantum-dot-laser-technology-moves-to-customer-sampling/" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2026-09-03", "date_sort": "2026-09-03", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-CHIP-7003", "date": "2026-09", "year": "2026", "kind": "funding_round", "company_text": "BIZ-CHIP-7004", "company_id": "BIZ-CHIP-7004", "counterparty": null, "amount": 5000000, "amount_text": "5000000", "currency": "GBP", "valuation_reported": null, "summary": "Raised £5M in September 2026 (file). (Chips file line 62; no source link given.)", "sources_text": "Alex's Chips file, line 62", "source_urls": [], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2026-09", "date_sort": "2026-09-00", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": 5000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£5m", "gbp_txt": "£5m", "show": true, "round7": true }, { "id": "DEAL-CHIP-032", "date": "2026-08-21", "year": "2026", "kind": "funding_round", "company_text": "HexSeed Technology (BIZ-CHIP-039)", "company_id": "BIZ-CHIP-039", "counterparty": "Carbon13", "amount": 600000, "amount_text": "600000", "currency": "GBP", "valuation_reported": null, "summary": "Early-stage round with Net Zero Technology Centre and Vento", "sources_text": "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-callosum-to-economad-20260821 — \"£600,000\"", "source_urls": [ "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-callosum-to-economad-20260821" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2026-08-21", "date_sort": "2026-08-21", "before_ledger_start": false, "amount_gbp": 600000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£600,000", "gbp_txt": "£600,000", "show": true }, { "id": "DEAL-SW-049", "date": "2026-08-21", "year": "2026", "kind": "funding_round", "company_text": "Callosum (BIZ-SW-045)", "company_id": "BIZ-SW-045", "counterparty": "Atomico; Plural; DCVC; UK Sovereign AI Fund", "amount": 73500000, "amount_text": "73500000", "currency": "GBP", "valuation_reported": null, "summary": "Seed round", "sources_text": "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-callosum-to-economad-20260821 — \"£73.5m\"", "source_urls": [ "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-callosum-to-economad-20260821", "https://www.callosum.com/blog/seed-round", "https://www.uktech.news/ai/callosum-raises-73-5m-to-redefine-how-humanity-computes-20260820" ], "confidence": "single_source", "ledger": "page", "page": "software", "render": true, "same_event_as": "DEAL-X-031", "date_text": "2026-08-21", "date_sort": "2026-08-21", "before_ledger_start": false, "amount_gbp": 73500000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£73.5m", "gbp_txt": "£73.5m", "show": true, "same_event_ids": [ "DEAL-X-031", "DEAL-INV-002" ] }, { "id": "DEAL-CHIP-2009", "date": "2026-08-21", "year": "2026", "kind": "funding_round", "company_text": "HexSeed Technology", "company_id": "BIZ-CHIP-039", "counterparty": "Carbon13 (lead)", "amount": 600000, "amount_text": "600,000", "currency": "GBP", "valuation_reported": null, "summary": "Early-stage funding (more than £600,000) for diamond coatings to cool GaN chips in AI data centres.", "sources_text": "https://www.uktech.news/semiconductor/scotlands-hexseed-secures-investment-to-cool-ai-data-centre-chips-20260821 (trade) — \"Data centres are on track to consume a significant share of UK grid capacity within the decade\"", "source_urls": [ "https://www.uktech.news/semiconductor/scotlands-hexseed-secures-investment-to-cool-ai-data-centre-chips-20260821" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2026-08-21", "date_sort": "2026-08-21", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 600000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£600,000", "gbp_txt": "£600,000", "show": true }, { "id": "DEAL-INV-2001", "date": "2026-08-21", "year": "2026", "kind": "funding_round", "company_text": "Callosum", "company_id": "BIZ-SW-045", "counterparty": "Atomico, Plural, DCVC, UK Sovereign AI Fund", "amount": null, "amount_text": "73.5m", "currency": "GBP", "valuation_reported": null, "summary": "Callosum (AI computing systems software) raised £73.5m (Seed), reported by UKTN weekly roundup.", "sources_text": "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-callosum-to-economad-20260821 — \"heterogeneous computing systems software designed to match specific AI tasks\" (trade)", "source_urls": [ "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-callosum-to-economad-20260821" ], "confidence": "single_source", "ledger": "page", "page": "investors", "render": true, "date_text": "2026-08-21 (week ending)", "date_sort": "2026-08-21", "before_ledger_start": false, "week_ending": true, "trade": true, "round4": true, "amount_as_written": "73.5m", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "73.5m GBP", "gbp_txt": "", "show": true }, { "id": "DEAL-INV-2003", "date": "2026-08-21", "year": "2026", "kind": "funding_round", "company_text": "Versatile RobotX", "company_id": "BIZ-SU-IND-029", "counterparty": "British Design Fund, Innovate UK, Defra Farming Innovation Programme", "amount": null, "amount_text": "1m", "currency": "GBP", "valuation_reported": null, "summary": "Versatile RobotX (AI-driven harvesting robots) raised £1m (Seed), reported by UKTN weekly roundup.", "sources_text": "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-callosum-to-economad-20260821 — \"autonomous, AI-driven crop handling and harvesting robots\" (trade)", "source_urls": [ "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-callosum-to-economad-20260821" ], "confidence": "single_source", "ledger": "page", "page": "investors", "render": true, "date_text": "2026-08-21 (week ending)", "date_sort": "2026-08-21", "before_ledger_start": false, "week_ending": true, "trade": true, "round4": true, "amount_as_written": "1m", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "1m GBP", "gbp_txt": "", "show": true }, { "id": "DEAL-X-031", "date": "2026-08-20", "year": "2026", "kind": "funding_round", "company_text": "Callosum (biz-callosum)", "company_id": "BIZ-SW-045", "counterparty": "Atomico", "amount": 100000000, "amount_text": "100000000", "currency": "USD", "valuation_reported": null, "summary": "Callosum, a London company whose software matches AI tasks to the cheapest suitable models and chips, raised a $100m seed round led by Atomico; UKTN calls it the UK Sovereign AI Fund's first investment. (Same event as DEAL-SW-049; count once.)", "sources_text": "https://www.callosum.com/blog/seed-round — \"The round is led by Atomico with significant participation from Plural, DCVC, and the UK Sovereign AI Fund\" ; https://www.uktech.news/ai/callosum-raises-73-5m-to-redefine-how-humanity-computes-20260820 (trade) — \"UK AI startup Callosum has closed a $100m (£73.5m) seed round in the first investment from the UK Sovereign AI Fund.\"", "source_urls": [ "https://www.callosum.com/blog/seed-round", "https://www.uktech.news/ai/callosum-raises-73-5m-to-redefine-how-humanity-computes-20260820" ], "confidence": "verified", "ledger": "sitewide", "page": "software", "render": true, "date_text": "2026-08-20", "date_sort": "2026-08-20", "before_ledger_start": false, "amount_gbp": 73356808, "fx_rate": 1.3632, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3632 per £ on 2026-08-20", "fx_date": "2026-08-20", "fx_note": "", "txt": "US$100m", "gbp_txt": "£73.4m", "show": true, "same_event_as": "DEAL-SW-049" }, { "id": "DEAL-INV-002", "date": "2026-08-20", "year": "2026", "kind": "funding_round", "company_text": "Callosum (no BIZ id found)", "company_id": "BIZ-SW-045", "counterparty": "Atomico (BIZ-INV-011) lead; Plural, DCVC, UK Sovereign AI Fund", "amount": 100000000, "amount_text": "100000000", "currency": "USD", "valuation_reported": null, "summary": "US$100m seed; the Sovereign AI Fund's first investment (Same event as DEAL-SW-049; count once.)", "sources_text": "https://www.callosum.com/blog/seed-round — \"$100M seed round\" ; https://www.uktech.news/ai/callosum-raises-73-5m-to-redefine-how-humanity-computes-20260820 — \"$100m (£73.5m)\"", "source_urls": [ "https://www.callosum.com/blog/seed-round", "https://www.uktech.news/ai/callosum-raises-73-5m-to-redefine-how-humanity-computes-20260820" ], "confidence": "verified", "ledger": "page", "page": "software", "render": true, "same_event_as": "DEAL-SW-049", "date_text": "2026-08-20", "date_sort": "2026-08-20", "before_ledger_start": false, "amount_gbp": 73356808, "fx_rate": 1.3632, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3632 per £ on 2026-08-20", "fx_date": "2026-08-20", "fx_note": "", "txt": "US$100m", "gbp_txt": "£73.4m", "show": true }, { "id": "DEAL-CHIP-2007", "date": "2026-08-20", "year": "2026", "kind": "funding_round", "company_text": "Callosum", "company_id": "BIZ-SW-045", "counterparty": "Atomico, Plural, DCVC, UK Sovereign AI Fund", "amount": 73500000, "amount_text": "73,500,000", "currency": "GBP", "valuation_reported": null, "summary": "Seed round; Callosum was the first Sovereign AI Fund investee.", "sources_text": "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-callosum-to-economad-20260821 (trade) — \"Founded in 2026, Callosum develops heterogeneous computing systems software\" ; https://www.gov.uk/government/publications/uk-ai-hardware-plan/uk-ai-hardware-plan — \"As the first recipient of investment from the UK government’s £500 million Sovereign AI Fund\"", "source_urls": [ "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-callosum-to-economad-20260821", "https://www.gov.uk/government/publications/uk-ai-hardware-plan/uk-ai-hardware-plan" ], "confidence": "verified", "ledger": "page", "page": "chips", "render": true, "date_text": "2026-08-20", "date_sort": "2026-08-20", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 73500000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£73.5m", "gbp_txt": "£73.5m", "show": true }, { "id": "DEAL-CHIP-031", "date": "2026-08-19", "year": "2026", "kind": "funding_round", "company_text": "Singular Photonics (BIZ-CHIP-038)", "company_id": "BIZ-CHIP-038", "counterparty": "ACF Investors", "amount": 2150000, "amount_text": "2150000", "currency": "USD", "valuation_reported": null, "summary": "Seed round", "sources_text": "https://www.uktech.news/semiconductor/university-of-edinburgh-spinout-singular-photonics-secures-1-6m-20260819 — \"oversubscribed $2.15m (£1.6m) funding round\"", "source_urls": [ "https://www.uktech.news/semiconductor/university-of-edinburgh-spinout-singular-photonics-secures-1-6m-20260819" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2026-08-19", "date_sort": "2026-08-19", "before_ledger_start": false, "amount_gbp": 1579953, "fx_rate": 1.3608, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3608 per £ on 2026-08-19", "fx_date": "2026-08-19", "fx_note": "", "txt": "US$2.1m", "gbp_txt": "£1.6m", "show": true }, { "id": "DEAL-CHIP-2008", "date": "2026-08-19", "year": "2026", "kind": "funding_round", "company_text": "Singular Photonics", "company_id": "BIZ-CHIP-038", "counterparty": "ACF Investors (lead)", "amount": 1600000, "amount_text": "1,600,000", "currency": "GBP", "valuation_reported": null, "summary": "Round for Edinburgh SPAD image-sensor maker ($2.15m).", "sources_text": "https://www.uktech.news/semiconductor/university-of-edinburgh-spinout-singular-photonics-secures-1-6m-20260819 (trade) — \"This has been a phenomenal year for Singular Photonics.\"", "source_urls": [ "https://www.uktech.news/semiconductor/university-of-edinburgh-spinout-singular-photonics-secures-1-6m-20260819" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2026-08-19", "date_sort": "2026-08-19", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 1600000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£1.6m", "gbp_txt": "£1.6m", "show": true }, { "id": "DEAL-SU-IND-031", "date": "2026-08-17", "year": "2026", "kind": "funding_round", "company_text": "Versatile RobotX (BIZ-SU-IND-029)", "company_id": "BIZ-SU-IND-029", "counterparty": "British Design Fund; Innovate UK; Defra", "amount": 1000000, "amount_text": "1000000", "currency": "GBP", "valuation_reported": null, "summary": "Equity and grants, \"over £1m\"", "sources_text": "https://www.uktech.news/agtech/agtech-robotics-group-versatile-robotx-raises-1m-20260817 — \"over £1m in blended equity investment and grant funding\"", "source_urls": [ "https://www.uktech.news/agtech/agtech-robotics-group-versatile-robotx-raises-1m-20260817" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2026-08-17", "date_sort": "2026-08-17", "before_ledger_start": false, "amount_gbp": 1000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£1m", "gbp_txt": "£1m", "show": true }, { "id": "DEAL-CHIP-2014", "date": "2026-08-17", "year": "2026", "kind": "funding_round", "company_text": "Versatile RobotX", "company_id": "BIZ-SU-IND-029", "counterparty": "British Design Fund, Innovate UK, Defra Farming Innovation Programme", "amount": 1000000, "amount_text": "1,000,000", "currency": "GBP", "valuation_reported": null, "summary": "Seed round for AI-driven crop-harvesting robots.", "sources_text": "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-callosum-to-economad-20260821 (trade) — \"manufactures autonomous, AI-driven crop handling and harvesting robots\"", "source_urls": [ "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-callosum-to-economad-20260821" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2026-08-17", "date_sort": "2026-08-17", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 1000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£1m", "gbp_txt": "£1m", "show": true }, { "id": "DEAL-INV-2007", "date": "2026-08-07", "year": "2026", "kind": "funding_round", "company_text": "OLIX", "company_id": "BIZ-CHIP-007", "counterparty": "Fundomo, Arm, Hudson River Trading, Hummingbird Ventures and others", "amount": null, "amount_text": "231.8m", "currency": "GBP", "valuation_reported": null, "summary": "OLIX (AI inference chips) raised £231.8m (Series B), reported by UKTN weekly roundup.", "sources_text": "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-olix-to-wordsmith-20260807 — \"custom hardware accelerators designed to overcome compute efficiency bottlenecks in AI inference\" (trade)", "source_urls": [ "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-olix-to-wordsmith-20260807" ], "confidence": "single_source", "ledger": "page", "page": "investors", "render": true, "date_text": "2026-08-07 (week ending)", "date_sort": "2026-08-07", "before_ledger_start": false, "week_ending": true, "trade": true, "round4": true, "amount_as_written": "231.8m", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "231.8m GBP", "gbp_txt": "", "show": true }, { "id": "DEAL-CHIP-009", "date": "2026-08-03", "year": "2026", "kind": "funding_round", "company_text": "OLIX (BIZ-CHIP-007)", "company_id": "BIZ-CHIP-007", "counterparty": "Fundomo, Arm, Hudson River Trading and others", "amount": 312000000, "amount_text": "312000000", "currency": "USD", "valuation_reported": "3300000000 USD", "summary": "Series B for decode-accelerator chips and optical networking.", "sources_text": "https://olix.com — \"$312M Series B.\"; https://www.uktech.news/ai/uk-chip-firm-olix-valued-at-more-than-2bn-after-major-investment-20260803 — \"has raised $312m (£231.8m) in a Series B funding round\"", "source_urls": [ "https://olix.com", "https://www.uktech.news/ai/uk-chip-firm-olix-valued-at-more-than-2bn-after-major-investment-20260803" ], "confidence": "verified", "ledger": "page", "page": "chips", "render": true, "date_text": "2026-08-03", "date_sort": "2026-08-03", "before_ledger_start": false, "amount_gbp": 232194686, "fx_rate": 1.3437, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3437 per £ on 2026-08-03", "fx_date": "2026-08-03", "fx_note": "", "txt": "US$312m", "gbp_txt": "£232.2m", "show": true }, { "id": "DEAL-X-030", "date": "2026-08-03", "year": "2026", "kind": "funding_round", "company_text": "OLIX (biz-olix)", "company_id": "BIZ-CHIP-007", "counterparty": "null (no lead named; participants include Fundomo, Arm, Hudson River Trading)", "amount": 312000000, "amount_text": "312000000", "currency": "USD", "valuation_reported": "3300000000 USD", "summary": "OLIX, a London company designing chips for running AI models, raised a $312m Series B at a $3.3bn valuation; UKTN reports the UK Sovereign AI Fund has also backed it.", "sources_text": "https://olix.com/news/company-raises-series-b — \"OLIX today announced a $312m Series B financing round at a $3.3bn valuation, two years after it was founded.\" ; https://www.uktech.news/ai/uk-chip-firm-olix-valued-at-more-than-2bn-after-major-investment-20260803 (trade) — \"OLIX has raised $312m (£231.8m) in a Series B funding round, securing a valuation of $3.3bn (£2.45bn)\"", "source_urls": [ "https://olix.com/news/company-raises-series-b", "https://www.uktech.news/ai/uk-chip-firm-olix-valued-at-more-than-2bn-after-major-investment-20260803" ], "confidence": "verified", "ledger": "sitewide", "page": "chips", "render": true, "same_event_as": "DEAL-CHIP-009", "date_text": "2026-08-03", "date_sort": "2026-08-03", "before_ledger_start": false, "amount_gbp": 232194686, "fx_rate": 1.3437, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3437 per £ on 2026-08-03", "fx_date": "2026-08-03", "fx_note": "", "txt": "US$312m", "gbp_txt": "£232.2m", "show": true }, { "id": "DEAL-CHIP-2006", "date": "2026-07-30", "year": "2026", "kind": "funding_round", "company_text": "OLIX (formerly Flux Corp)", "company_id": "BIZ-CHIP-007", "counterparty": "Fundomo, Arm, Hudson River Trading (new); Sovereign AI", "amount": 312000000, "amount_text": "312,000,000", "currency": "USD", "valuation_reported": null, "summary": "Series B at $3.3bn valuation; Sovereign AI fund also invested.", "sources_text": "https://www.uktech.news/ai/uk-chip-firm-olix-valued-at-more-than-2bn-after-major-investment-20260803 (trade) — \"OLIX is exactly the kind of ambitious company we want to back through Sovereign AI.\" ; https://www.gov.uk/government/news/sovereign-ai-invests-in-uk-startup-reinventing-ai-chips — nine-figure raise announced 30 July (no verbatim quote captured)", "source_urls": [ "https://www.uktech.news/ai/uk-chip-firm-olix-valued-at-more-than-2bn-after-major-investment-20260803", "https://www.gov.uk/government/news/sovereign-ai-invests-in-uk-startup-reinventing-ai-chips" ], "confidence": "verified", "ledger": "page", "page": "chips", "render": true, "date_text": "2026-07-30", "date_sort": "2026-07-30", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 232402235, "fx_rate": 1.3425, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3425 per £ on 2026-07-30", "fx_date": "2026-07-30", "fx_note": "", "txt": "US$312m", "gbp_txt": "£232.4m", "show": true }, { "id": "DEAL-INV-2013", "date": "2026-07-24", "year": "2026", "kind": "funding_round", "company_text": "Humanoid", "company_id": "BIZ-SU-IND-004", "counterparty": "Prime Movers Lab, Schaeffler, Bosch, Fubon Financial Holding Venture Capital and others", "amount": null, "amount_text": "114m", "currency": "GBP", "valuation_reported": null, "summary": "Humanoid (humanoid robots and physical AI) raised £114m (Series A), reported by UKTN weekly roundup.", "sources_text": "https://www.uktech.news/news/uk-tech-funding-roundup-cuspai-ponda-20260724 — \"builds wheel-based industrial humanoid robots and physical AI platforms\" (trade)", "source_urls": [ "https://www.uktech.news/news/uk-tech-funding-roundup-cuspai-ponda-20260724" ], "confidence": "single_source", "ledger": "page", "page": "investors", "render": true, "date_text": "2026-07-24 (week ending)", "date_sort": "2026-07-24", "before_ledger_start": false, "week_ending": true, "trade": true, "round4": true, "amount_as_written": "114m", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "114m GBP", "gbp_txt": "", "show": true }, { "id": "DEAL-SU-IND-007", "date": "2026-07-22", "year": "2026", "kind": "funding_round", "company_text": "Humanoid (BIZ-SU-IND-004)", "company_id": "BIZ-SU-IND-004", "counterparty": "Prime Movers Lab", "amount": 152000000, "amount_text": "152000000", "currency": "USD", "valuation_reported": "1350000000 USD", "summary": "Series A with Schaeffler, Bosch, Fubon, Aglaé", "sources_text": "https://www.uktech.news/ai/humanoid-raises-114m-and-gains-unicorn-status-20260722 — \"$152m (£114m)\" \"$1.35bn (£1bn)\"", "source_urls": [ "https://www.uktech.news/ai/humanoid-raises-114m-and-gains-unicorn-status-20260722" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2026-07-22", "date_sort": "2026-07-22", "before_ledger_start": false, "amount_gbp": 113644860, "fx_rate": 1.3375, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3375 per £ on 2026-07-22", "fx_date": "2026-07-22", "fx_note": "", "txt": "US$152m", "gbp_txt": "£113.6m", "show": true }, { "id": "DEAL-CHIP-2010", "date": "2026-07-22", "year": "2026", "kind": "funding_round", "company_text": "Humanoid", "company_id": "BIZ-SU-IND-004", "counterparty": "Prime Movers Lab (lead); Schaeffler, Bosch, Fubon, Aglaé", "amount": 152000000, "amount_text": "152,000,000", "currency": "USD", "valuation_reported": null, "summary": "Series A at $1.35bn valuation.", "sources_text": "https://www.uktech.news/ai/humanoid-raises-114m-and-gains-unicorn-status-20260722 (trade) — \"The raise marks the largest ever Series A for a humanoid-first robotics company in Europe\"", "source_urls": [ "https://www.uktech.news/ai/humanoid-raises-114m-and-gains-unicorn-status-20260722" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2026-07-22", "date_sort": "2026-07-22", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 113644860, "fx_rate": 1.3375, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3375 per £ on 2026-07-22", "fx_date": "2026-07-22", "fx_note": "", "txt": "US$152m", "gbp_txt": "£113.6m", "show": true }, { "id": "DEAL-CHIP-023", "date": "2026-07-14", "year": "2026", "kind": "major_contract", "company_text": "IQE (BIZ-CHIP-023)", "company_id": "BIZ-CHIP-023", "counterparty": "Undisclosed strategic customer", "amount": 14000000, "amount_text": "14000000", "currency": "USD", "valuation_reported": null, "summary": "Multi-year production order for AI and data-centre applications.", "sources_text": "https://www.iqep.com/media/press-releases/2026/iqe-secures-14-million-production-order-with-strategic-customer-for-ai-and-datacentre-markets/ — \"$14 million\"", "source_urls": [ "https://www.iqep.com/media/press-releases/2026/iqe-secures-14-million-production-order-with-strategic-customer-for-ai-and-datacentre-markets/" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2026-07-14", "date_sort": "2026-07-14", "before_ledger_start": false, "amount_gbp": 10443864, "fx_rate": 1.3405, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3405 per £ on 2026-07-14", "fx_date": "2026-07-14", "fx_note": "", "txt": "US$14m", "gbp_txt": "£10.4m", "show": true }, { "id": "DEAL-INV-2022", "date": "2026-07-10", "year": "2026", "kind": "funding_round", "company_text": "Dogtooth Technologies", "company_id": "BIZ-SU-IND-005", "counterparty": "24Haymarket, EMV Capital, ACF Investors, Innovate UK and others", "amount": null, "amount_text": "14m", "currency": "GBP", "valuation_reported": null, "summary": "Dogtooth Technologies (embodied-AI fruit-picking robots) raised £14m (Growth), reported by UKTN weekly roundup.", "sources_text": "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-kraken-to-stoa-20260710 — \"manufactures \"embodied AI\" autonomous fruit-harvesting robots\" (trade)", "source_urls": [ "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-kraken-to-stoa-20260710" ], "confidence": "single_source", "ledger": "page", "page": "investors", "render": true, "date_text": "2026-07-10 (week ending)", "date_sort": "2026-07-10", "before_ledger_start": false, "week_ending": true, "trade": true, "round4": true, "amount_as_written": "14m", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "14m GBP", "gbp_txt": "", "show": true }, { "id": "DEAL-CHIP-2013", "date": "2026-07-08", "year": "2026", "kind": "funding_round", "company_text": "Dogtooth Technologies", "company_id": "BIZ-SU-IND-005", "counterparty": "24Haymarket, EMV Capital, ACF Investors", "amount": 14000000, "amount_text": "14,000,000", "currency": "GBP", "valuation_reported": null, "summary": "Growth capital (over £14m) including Innovate UK grants and Kineo Finance leasing.", "sources_text": "https://www.uktech.news/agtech/cambridge-ai-robotics-group-dogtooth-scores-14m-investment-20260708 (trade) — \"The technology allows machines to identify and harvest delicate crops without damaging them.\"", "source_urls": [ "https://www.uktech.news/agtech/cambridge-ai-robotics-group-dogtooth-scores-14m-investment-20260708" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2026-07-08", "date_sort": "2026-07-08", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 14000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£14m", "gbp_txt": "£14m", "show": true }, { "id": "DEAL-SU-IND-008", "date": "2026-07", "year": "2026", "kind": "funding_round", "company_text": "Dogtooth Technologies (BIZ-SU-IND-005)", "company_id": "BIZ-SU-IND-005", "counterparty": null, "amount": 14000000, "amount_text": "14000000", "currency": "GBP", "valuation_reported": null, "summary": "\"Over £14m\" growth capital for fruit-picking robots", "sources_text": "https://www.uktech.news/funding/robotics-funding-for-2026-reaches-almost-190m-as-cambridge-leads-the-way-20260824 — over £14m in growth capital", "source_urls": [ "https://www.uktech.news/funding/robotics-funding-for-2026-reaches-almost-190m-as-cambridge-leads-the-way-20260824" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2026-07", "date_sort": "2026-07-00", "before_ledger_start": false, "amount_gbp": 14000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£14m", "gbp_txt": "£14m", "show": true }, { "id": "DEAL-BIG-2040", "date": "2026-06-12", "year": "2026", "kind": "investment_pledge", "company_text": "AMD (UK)", "company_id": "BIZ-INV-058", "counterparty": null, "amount": 2000000000, "amount_text": "2,000,000,000", "currency": "GBP", "valuation_reported": null, "summary": "Up to £2bn over five years for AI innovation and research in the UK.", "sources_text": "https://www.gov.uk/government/news/britain-powers-ahead-on-ai-with-billions-of-pounds-of-new-investment-and-thousands-of-jobs-secured-as-london-tech-week-wraps-up — \"AMD commits up to £2 billion of investment over five years\"", "source_urls": [ "https://www.gov.uk/government/news/britain-powers-ahead-on-ai-with-billions-of-pounds-of-new-investment-and-thousands-of-jobs-secured-as-london-tech-week-wraps-up" ], "confidence": "single_source", "ledger": "page", "page": "big-tech", "render": true, "date_text": "2026-06-12", "date_sort": "2026-06-12", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": 2000000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£2bn", "gbp_txt": "£2bn", "show": true }, { "id": "DEAL-CHIP-2026", "date": "2026-06-12", "year": "2026", "kind": "investment_pledge", "company_text": "AMD (UK investment)", "company_id": "BIZ-INV-058", "counterparty": "UK Government", "amount": 2000000000, "amount_text": "2,000,000,000", "currency": "GBP", "valuation_reported": null, "summary": "Up to £2bn over five years for AI innovation and research in the UK.", "sources_text": "https://www.gov.uk/government/news/britain-powers-ahead-on-ai-with-billions-of-pounds-of-new-investment-and-thousands-of-jobs-secured-as-london-tech-week-wraps-up — \"up to £2 billion of investment over five years\"", "source_urls": [ "https://www.gov.uk/government/news/britain-powers-ahead-on-ai-with-billions-of-pounds-of-new-investment-and-thousands-of-jobs-secured-as-london-tech-week-wraps-up" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2026-06-12", "date_sort": "2026-06-12", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": 2000000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£2bn", "gbp_txt": "£2bn", "show": true }, { "id": "DEAL-CLD-4019", "date": "2026-06-12", "year": "2026", "kind": "investment_pledge", "company_text": "AMD (UK) — see BIZ-INV-058 AMD (as investor)", "company_id": "BIZ-INV-058", "counterparty": "AMD", "amount": 2000000000, "amount_text": "2000000000", "currency": "GBP", "valuation_reported": null, "summary": "At London Tech Week 2026 AMD committed up to £2bn over five years for AI work in the UK. Buys or funds: \"up to £2 billion of investment over five years\"; GOV.UK does not say whether it covers compute or data centres.", "sources_text": "https://www.gov.uk/government/news/britain-powers-ahead-on-ai-with-billions-of-pounds-of-new-investment-and-thousands-of-jobs-secured-as-london-tech-week-wraps-up — \"AMD commits up to £2 billion of investment over five years to Accelerate AI Innovation and Research\"", "source_urls": [ "https://www.gov.uk/government/news/britain-powers-ahead-on-ai-with-billions-of-pounds-of-new-investment-and-thousands-of-jobs-secured-as-london-tech-week-wraps-up" ], "confidence": "single_source", "ledger": "page", "page": "cloud", "render": true, "date_text": "2026-06-12", "date_sort": "2026-06-12", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": 2000000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£2bn", "gbp_txt": "£2bn", "show": true, "round6": true }, { "id": "DEAL-CHIP-2031", "date": "2026-06-11", "year": "2026", "kind": "grant", "company_text": "SoC Labs AI chip design skills programme", "company_id": "BIZ-CHIP-2037", "counterparty": "Department for Science, Innovation and Technology", "amount": 3000000, "amount_text": "3,000,000", "currency": "GBP", "valuation_reported": null, "summary": "Three-year UK-wide chip design training programme at the University of Southampton.", "sources_text": "https://www.southampton.ac.uk/news/2026/06/southampton-to-help-expand-uk-chip-design-capabilities.page — \"industrially relevant, real world chip and artificial intelligence design challenges\"", "source_urls": [ "https://www.southampton.ac.uk/news/2026/06/southampton-to-help-expand-uk-chip-design-capabilities.page" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2026-06-11", "date_sort": "2026-06-11", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": 3000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£3m", "gbp_txt": "£3m", "show": true }, { "id": "DEAL-CLD-015", "date": "2026-06-08", "year": "2026", "kind": "investment_pledge", "company_text": "BIZ-CLD-018 AIRR national AI supercomputer", "company_id": "BIZ-CLD-018", "counterparty": "UK Government (DSIT)", "amount": 750000000, "amount_text": "750000000", "currency": "GBP", "valuation_reported": null, "summary": "£750m national AI supercomputer under the AI Hardware Plan, incl. £150m advance chip purchase commitment.", "sources_text": "https://www.gov.uk/government/publications/expression-of-interest-airr-heterogeneous-supercomputer-host-site-selection/expression-of-interest-airr-heterogeneous-supercomputer-host-site-selection — \"The anticipated budget for the system build is £750m.\"; https://www.gov.uk/government/news/a-decisive-shift-to-power-british-ai-new-11-billion-plan-to-back-chip-firms-boost-computing-power-and-skills-for-the-ai-revolution — \"ready access to compute is critical\"", "source_urls": [ "https://www.gov.uk/government/publications/expression-of-interest-airr-heterogeneous-supercomputer-host-site-selection/expression-of-interest-airr-heterogeneous-supercomputer-host-site-selection", "https://www.gov.uk/government/news/a-decisive-shift-to-power-british-ai-new-11-billion-plan-to-back-chip-firms-boost-computing-power-and-skills-for-the-ai-revolution" ], "confidence": "verified", "ledger": "page", "page": "cloud", "render": true, "date_text": "2026-06-08", "date_sort": "2026-06-08", "before_ledger_start": false, "amount_gbp": 750000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£750m", "gbp_txt": "£750m", "show": true }, { "id": "DEAL-CHIP-2027", "date": "2026-06-08", "year": "2026", "kind": "investment_pledge", "company_text": "Playground Global UK deeptech hardware fund", "company_id": "BIZ-CHIP-2031", "counterparty": "British Business Bank", "amount": 150000000, "amount_text": "150,000,000", "currency": "GBP", "valuation_reported": null, "summary": "Up to £150m from the British Business Bank into a Playground Global-led UK hardware fund.", "sources_text": "https://www.gov.uk/government/news/a-decisive-shift-to-power-british-ai-new-11-billion-plan-to-back-chip-firms-boost-computing-power-and-skills-for-the-ai-revolution — \"the largest fund investment the bank has ever made\" ; https://www.gov.uk/government/publications/uk-ai-hardware-plan/uk-ai-hardware-plan — \"A new deeptech hardware venture fund, led by Playground Global, backed by up to £150m\"", "source_urls": [ "https://www.gov.uk/government/news/a-decisive-shift-to-power-british-ai-new-11-billion-plan-to-back-chip-firms-boost-computing-power-and-skills-for-the-ai-revolution", "https://www.gov.uk/government/publications/uk-ai-hardware-plan/uk-ai-hardware-plan" ], "confidence": "verified", "ledger": "page", "page": "chips", "render": true, "date_text": "2026-06-08", "date_sort": "2026-06-08", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": 150000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£150m", "gbp_txt": "£150m", "show": true }, { "id": "DEAL-SU-IND-006", "date": "2026-05-22", "year": "2026", "kind": "major_contract", "company_text": "Humanoid (BIZ-SU-IND-004)", "company_id": "BIZ-SU-IND-004", "counterparty": "Bosch", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Manufacturing agreement to support production of HMND 01 robots for Europe", "sources_text": "https://www.uktech.news/ai/bosch-signs-robotics-deal-with-uk-firm-20260522 — \"a manufacturing agreement to support the production of HMND 01 humanoid robots for the European market\"", "source_urls": [ "https://www.uktech.news/ai/bosch-signs-robotics-deal-with-uk-firm-20260522" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "same_event_as": "DEAL-SU-IND-005", "date_text": "2026-05-22", "date_sort": "2026-05-22", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-CHIP-2012", "date": "2026-05-22", "year": "2026", "kind": "major_contract", "company_text": "Humanoid", "company_id": "BIZ-SU-IND-004", "counterparty": "Bosch", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Manufacturing agreement after HMND 01 proof of concept at Bosch's Bühl logistics centre.", "sources_text": "https://www.uktech.news/ai/bosch-signs-robotics-deal-with-uk-firm-20260522 (trade) — \"This partnership is built on the shared belief in the great potential of robotics in industry\"", "source_urls": [ "https://www.uktech.news/ai/bosch-signs-robotics-deal-with-uk-firm-20260522" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2026-05-22", "date_sort": "2026-05-22", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-INV-2047", "date": "2026-05-15", "year": "2026", "kind": "funding_round", "company_text": "Fractile", "company_id": "BIZ-CHIP-005", "counterparty": "Kindred Capital, NATO Innovation Fund, Oxford Science Enterprises, In-Q-Tel", "amount": null, "amount_text": "162.8m", "currency": "GBP", "valuation_reported": null, "summary": "Fractile (AI inference chips) raised £162.8m (Series A), reported by UKTN weekly roundup.", "sources_text": "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-isomorphic-labs-to-h2chp-20260515 — \"develops novel AI inference chips designed to run Large Language Models\" (trade)", "source_urls": [ "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-isomorphic-labs-to-h2chp-20260515" ], "confidence": "single_source", "ledger": "page", "page": "investors", "render": true, "date_text": "2026-05-15 (week ending)", "date_sort": "2026-05-15", "before_ledger_start": false, "week_ending": true, "trade": true, "round4": true, "amount_as_written": "162.8m", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "162.8m GBP", "gbp_txt": "", "show": true }, { "id": "DEAL-SU-IND-005", "date": "2026-05-14", "year": "2026", "kind": "major_contract", "company_text": "Humanoid (BIZ-SU-IND-004)", "company_id": "BIZ-SU-IND-004", "counterparty": "Schaeffler", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Phased deployment and supply agreement, robot-as-a-service, at two German sites from December 2026", "sources_text": "https://www.uktech.news/ai/humanoid-signs-deal-with-schaeffler-to-deploy-thousands-of-human-like-robots-20260514 — \"thousands of its human-like robots\"", "source_urls": [ "https://www.uktech.news/ai/humanoid-signs-deal-with-schaeffler-to-deploy-thousands-of-human-like-robots-20260514" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2026-05-14", "date_sort": "2026-05-14", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-CHIP-2001", "date": "2026-05-14", "year": "2026", "kind": "funding_round", "company_text": "Fractile", "company_id": "BIZ-CHIP-005", "counterparty": "Accel, Factorial Funds, Founders Fund", "amount": 220000000, "amount_text": "220,000,000", "currency": "USD", "valuation_reported": null, "summary": "Series B to fund first AI inference chips and systems; reported as £162.8m (UKTN) and £165m (DSIT).", "sources_text": "https://www.uktech.news/ai/fractile-raises-162-8m-to-boost-ai-inference-chip-development-20260514 (trade) — \"Fractile is seeking to increase the clock speed of global progress, one chip at a time.\" ; https://www.gov.uk/government/publications/uk-ai-hardware-plan/uk-ai-hardware-plan — \"most recently with a £165 million Series B round announced in May 2026\"", "source_urls": [ "https://www.uktech.news/ai/fractile-raises-162-8m-to-boost-ai-inference-chip-development-20260514", "https://www.gov.uk/government/publications/uk-ai-hardware-plan/uk-ai-hardware-plan" ], "confidence": "verified", "ledger": "page", "page": "chips", "render": true, "date_text": "2026-05-14", "date_sort": "2026-05-14", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 163144234, "fx_rate": 1.3485, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3485 per £ on 2026-05-14", "fx_date": "2026-05-14", "fx_note": "", "txt": "US$220m", "gbp_txt": "£163.1m", "show": true }, { "id": "DEAL-CHIP-2011", "date": "2026-05-14", "year": "2026", "kind": "major_contract", "company_text": "Humanoid", "company_id": "BIZ-SU-IND-004", "counterparty": "Schaeffler", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Phased deployment and supply agreement; first phase Dec 2026–June 2027 at two German sites.", "sources_text": "https://www.uktech.news/ai/humanoid-signs-deal-with-schaeffler-to-deploy-thousands-of-human-like-robots-20260514 (trade) — \"UK AI and robotics startup Humanoid has signed a phased deployment and supply agreement with Schaeffler\"", "source_urls": [ "https://www.uktech.news/ai/humanoid-signs-deal-with-schaeffler-to-deploy-thousands-of-human-like-robots-20260514" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2026-05-14", "date_sort": "2026-05-14", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-CHIP-005", "date": "2026-05-13", "year": "2026", "kind": "funding_round", "company_text": "Fractile (BIZ-CHIP-005)", "company_id": "BIZ-CHIP-005", "counterparty": "Accel, Factorial Funds, Founders Fund (leads)", "amount": 220000000, "amount_text": "220000000", "currency": "USD", "valuation_reported": null, "summary": "Series B for inference chips and systems.", "sources_text": "https://www.fractile.ai/news/fractile-raises-220m-to-build-the-next-generation-of-inference-hardware — \"Fractile raises $220M\"; https://www.uktech.news/ai/fractile-raises-162-8m-to-boost-ai-inference-chip-development-20260514 — \"led by Accel, Factorial Funds and Founders Fund\"", "source_urls": [ "https://www.fractile.ai/news/fractile-raises-220m-to-build-the-next-generation-of-inference-hardware", "https://www.uktech.news/ai/fractile-raises-162-8m-to-boost-ai-inference-chip-development-20260514" ], "confidence": "verified", "ledger": "page", "page": "chips", "render": true, "date_text": "2026-05-13", "date_sort": "2026-05-13", "before_ledger_start": false, "amount_gbp": 162794139, "fx_rate": 1.3514, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3514 per £ on 2026-05-13", "fx_date": "2026-05-13", "fx_note": "", "txt": "US$220m", "gbp_txt": "£162.8m", "show": true }, { "id": "DEAL-X-025", "date": "2026-05-13", "year": "2026", "kind": "funding_round", "company_text": "Fractile (biz-fractile)", "company_id": "BIZ-CHIP-005", "counterparty": "Accel, Factorial Funds, Founders Fund (co-leads)", "amount": 220000000, "amount_text": "220000000", "currency": "USD", "valuation_reported": null, "summary": "Fractile, which designs chips for running AI models, raised $220m (a Series B, per DCD) to produce its first processors.", "sources_text": "https://www.fractile.ai/news/fractile-raises-220m-to-build-the-next-generation-of-inference-hardware — \"Fractile raises $220M to build the next generation of inference hardware\" ; https://www.bloomberg.com/news/articles/2026-05-13/ai-startup-fractile-raises-220-million-for-chip-production — \"It was led by Accel, Factorial Funds, and Peter Thiel's Founders Fund, the company said in a statement on Wednesday.\" ; https://www.datacenterdynamics.com/en/news/fractile-raises-220m-to-accelerate-development-of-ai-inference-chips/ (trade) — \"UK chip startup Fractile has raised $220 million in a Series B funding round.\"", "source_urls": [ "https://www.fractile.ai/news/fractile-raises-220m-to-build-the-next-generation-of-inference-hardware", "https://www.bloomberg.com/news/articles/2026-05-13/ai-startup-fractile-raises-220-million-for-chip-production", "https://www.datacenterdynamics.com/en/news/fractile-raises-220m-to-accelerate-development-of-ai-inference-chips/" ], "confidence": "verified", "ledger": "sitewide", "page": "chips", "render": true, "same_event_as": "DEAL-CHIP-005", "date_text": "2026-05-13", "date_sort": "2026-05-13", "before_ledger_start": false, "amount_gbp": 162794139, "fx_rate": 1.3514, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3514 per £ on 2026-05-13", "fx_date": "2026-05-13", "fx_note": "", "txt": "US$220m", "gbp_txt": "£162.8m", "show": true }, { "id": "DEAL-CHIP-022", "date": "2026-04-27", "year": "2026", "kind": "investment_pledge", "company_text": "IQE (BIZ-CHIP-023)", "company_id": "BIZ-CHIP-023", "counterparty": "MACOM Technology Solutions", "amount": 81000000, "amount_text": "81000000", "currency": "GBP", "valuation_reported": null, "summary": "Strategic review concluded with MACOM as strategic partner; total investment £81m including an £11m placing.", "sources_text": "https://www.iqep.com/media/press-releases/2026/conclusion-of-strategic-review/ — \"Total investment in IQE of £81 million\"", "source_urls": [ "https://www.iqep.com/media/press-releases/2026/conclusion-of-strategic-review/" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2026-04-27", "date_sort": "2026-04-27", "before_ledger_start": false, "amount_gbp": 81000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£81m", "gbp_txt": "£81m", "show": true }, { "id": "DEAL-SW-7018", "date": "2026-04-17", "year": "2026", "kind": "investment_pledge", "company_text": "BIZ-SW-045 Callosum", "company_id": "BIZ-SW-045", "counterparty": "UK Sovereign AI Fund (£500m)", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "The UK's £500m Sovereign AI Fund names Callosum as its first investment. Buys or funds: first investment of the fund; amount not stated (probably the fund's share of the August seed — check before counting money).", "sources_text": "https://www.uktech.news/ai/first-investment-from-the-uks-500m-sovereign-ai-fund-announced-20260417 (trade) — \"the first investment from its new flagship £500m Sovereign AI fund will go towards infrastructure startup Callosum\"", "source_urls": [ "https://www.uktech.news/ai/first-investment-from-the-uks-500m-sovereign-ai-fund-announced-20260417" ], "confidence": "single_source", "ledger": "page", "page": "software", "render": true, "date_text": "2026-04-17", "date_sort": "2026-04-17", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true, "round6": true }, { "id": "DEAL-CHIP-018", "date": "2026-03-18", "year": "2026", "kind": "funding_round", "company_text": "EnSilica (BIZ-CHIP-014)", "company_id": "BIZ-CHIP-014", "counterparty": "Allenby Capital and Panmure Liberum (brokers)", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Placing of 10,972,234 new shares at 47p, subject to a general meeting on 7 April 2026; outcome not checked.", "sources_text": "https://www.ensilica.com/wp-content/uploads/2026/03/Project-Apollo-Circular.pdf — \"Proposed Placing of 10,972,234 new Ordinary Shares at 47 pence per share\"", "source_urls": [ "https://www.ensilica.com/wp-content/uploads/2026/03/Project-Apollo-Circular.pdf" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2026-03-18", "date_sort": "2026-03-18", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-SW-6026", "date": "2026-02-26", "year": "2026", "kind": "funding_round", "company_text": "BIZ-SW-045 Callosum", "company_id": "BIZ-SW-045", "counterparty": "Plural (lead)", "amount": 10250000, "amount_text": "10250000", "currency": "USD", "valuation_reported": null, "summary": "Callosum, founded by Cambridge scientists, raised $10.25m (£7.5m) led by Plural, six months before its £73.5m round. Buys or funds: systems software letting AI models work across chip architectures. Other investors: Advanced Research and Invention Agency (ARIA); angels.", "sources_text": "https://www.uktech.news/ai/callosum-ai-monoculture-raises-7-5m-20260226 — \"Plural led the investment, supported by the Advanced Research and Invention Agency (ARIA) and angel invetors.\" (trade)", "source_urls": [ "https://www.uktech.news/ai/callosum-ai-monoculture-raises-7-5m-20260226" ], "confidence": "single_source", "ledger": "page", "page": "software", "render": true, "date_text": "2026-02-26", "date_sort": "2026-02-26", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 7584166, "fx_rate": 1.3515, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3515 per £ on 2026-02-26", "fx_date": "2026-02-26", "fx_note": "", "txt": "US$10.2m", "gbp_txt": "£7.6m", "show": true, "round6": true }, { "id": "DEAL-CHIP-004", "date": "2026-02-10", "year": "2026", "kind": "investment_pledge", "company_text": "Fractile (BIZ-CHIP-005)", "company_id": "BIZ-CHIP-005", "counterparty": null, "amount": 100000000, "amount_text": "100000000", "currency": "GBP", "valuation_reported": null, "summary": "Planned £100m expansion of London and Bristol sites, including a hardware engineering facility.", "sources_text": "https://www.uktech.news/semiconductor/fractile-100m-expansion-plans-chip-20260210 — \"a £100m expansion to its UK facilities\"", "source_urls": [ "https://www.uktech.news/semiconductor/fractile-100m-expansion-plans-chip-20260210" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2026-02-10", "date_sort": "2026-02-10", "before_ledger_start": false, "amount_gbp": 100000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£100m", "gbp_txt": "£100m", "show": true }, { "id": "DEAL-CHIP-2002", "date": "2026-02-10", "year": "2026", "kind": "investment_pledge", "company_text": "Fractile", "company_id": "BIZ-CHIP-005", "counterparty": null, "amount": 100000000, "amount_text": "100,000,000", "currency": "GBP", "valuation_reported": null, "summary": "£100m expansion of UK sites in London and Bristol, including a new industrial hardware engineering facility.", "sources_text": "https://www.uktech.news/semiconductor/fractile-100m-expansion-plans-chip-20260210 (trade) — \"The expansion will include a new industrial hardware engineering facility and significant hiring planned.\"", "source_urls": [ "https://www.uktech.news/semiconductor/fractile-100m-expansion-plans-chip-20260210" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2026-02-10", "date_sort": "2026-02-10", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 100000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£100m", "gbp_txt": "£100m", "show": true }, { "id": "DEAL-CHIP-027", "date": "2026-01-22", "year": "2026", "kind": "funding_round", "company_text": "Optalysys (BIZ-CHIP-029)", "company_id": "BIZ-CHIP-029", "counterparty": "Northern Gritstone (lead)", "amount": 23000000, "amount_text": "23000000", "currency": "GBP", "valuation_reported": null, "summary": "Series A extension ahead of US expansion.", "sources_text": "https://www.uktech.news/deep-tech/optalysys-readies-for-us-expansion-with-23m-funding-injection-20260122 — \"£23m Series A extension\"", "source_urls": [ "https://www.uktech.news/deep-tech/optalysys-readies-for-us-expansion-with-23m-funding-injection-20260122" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2026-01-22", "date_sort": "2026-01-22", "before_ledger_start": false, "amount_gbp": 23000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£23m", "gbp_txt": "£23m", "show": true }, { "id": "DEAL-CHIP-008", "date": "2026-01-19", "year": "2026", "kind": "rename", "company_text": "OLIX (BIZ-CHIP-007)", "company_id": "BIZ-CHIP-007", "counterparty": null, "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Flux Corp Ltd renamed OLIX Computing Limited.", "sources_text": "https://find-and-update.company-information.service.gov.uk/company/15585099 — \"FLUX CORP LTD\" (22 Mar 2024 to 19 Jan 2026)", "source_urls": [ "https://find-and-update.company-information.service.gov.uk/company/15585099" ], "confidence": "verified", "ledger": "page", "page": "chips", "render": true, "date_text": "2026-01-19", "date_sort": "2026-01-19", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-BIG-032", "date": "2025-12-18", "year": "2025", "kind": "acquisition", "company_text": "Qualcomm (UK) — Alphawave Semi (BIZ-BIG-031)", "company_id": "BIZ-BIG-031", "counterparty": "Qualcomm Incorporated", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Acquisition of Alphawave IP Group plc completed", "sources_text": "https://www.businesswire.com/news/home/20251218292351/en — \"has completed its acquisition of Alphawave IP Group plc (AWE.L),\"; https://investor.qualcomm.com/update-details/update-details-offer/ — \"Announcement regarding the Scheme becoming Effective (18 December 2025)\"", "source_urls": [ "https://www.businesswire.com/news/home/20251218292351/en", "https://investor.qualcomm.com/update-details/update-details-offer/" ], "confidence": "single_source", "ledger": "page", "page": "big-tech", "render": true, "date_text": "2025-12-18", "date_sort": "2025-12-18", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-CHIP-007", "date": "2025-12-18", "year": "2025", "kind": "acquisition", "company_text": "Alphawave Semi (BIZ-CHIP-006)", "company_id": "BIZ-CHIP-006", "counterparty": "Qualcomm Incorporated", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Completion of the acquisition; Tony Pialis to lead Qualcomm's data-centre business.", "sources_text": "https://www.barchart.com/story/news/36684950/qualcomm-completes-acquisition-of-alphawave-semi — \"has completed its acquisition of Alphawave IP Group plc\"", "source_urls": [ "https://www.barchart.com/story/news/36684950/qualcomm-completes-acquisition-of-alphawave-semi" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2025-12-18", "date_sort": "2025-12-18", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-CHIP-033", "date": "2025-12", "year": "2025", "kind": "listing", "company_text": "TeraView (BIZ-CHIP-040)", "company_id": "BIZ-CHIP-040", "counterparty": null, "amount": null, "amount_text": null, "currency": null, "valuation_reported": "193000000 USD", "summary": "Listing at reported market value of US$193m; exchange and date not verified", "sources_text": "https://www.uktech.news/semiconductor/uk-semiconductor-funding-reaches-237m-this-year-more-than-all-of-2025-20260812 — \"$193m (£142.8m)\"", "source_urls": [ "https://www.uktech.news/semiconductor/uk-semiconductor-funding-reaches-237m-this-year-more-than-all-of-2025-20260812" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2025-12", "date_sort": "2025-12-00", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-BIG-2038", "date": "2025-11-20", "year": "2025", "kind": "uk_office_opening", "company_text": "Graphcore (SoftBank)", "company_id": "BIZ-CHIP-003", "counterparty": "SoftBank", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "New AI development lab in Bristol, doubling headcount to 750.", "sources_text": "https://www.gov.uk/government/news/ai-to-power-national-renewal-as-government-announces-billions-of-additional-investment-and-new-plans-to-boost-uk-businesses-jobs-and-innovation — \"a new AI development lab in Bristol - doubling their headcount to 750 jobs.\"", "source_urls": [ "https://www.gov.uk/government/news/ai-to-power-national-renewal-as-government-announces-billions-of-additional-investment-and-new-plans-to-boost-uk-businesses-jobs-and-innovation" ], "confidence": "single_source", "ledger": "page", "page": "big-tech", "render": true, "date_text": "2025-11-20", "date_sort": "2025-11-20", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-CHIP-011", "date": "2025-11-13", "year": "2025", "kind": "rename", "company_text": "Literal Labs (BIZ-CHIP-009)", "company_id": "BIZ-CHIP-009", "counterparty": null, "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Mignon Technologies Ltd renamed Literal Labs Ltd.", "sources_text": "https://find-and-update.company-information.service.gov.uk/company/14746541 — \"MIGNON TECHNOLOGIES LTD (21 Mar 2023 - 13 Nov 2025)\"", "source_urls": [ "https://find-and-update.company-information.service.gov.uk/company/14746541" ], "confidence": "verified", "ledger": "page", "page": "chips", "render": true, "date_text": "2025-11-13", "date_sort": "2025-11-13", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-BIG-016", "date": "2025-06-09", "year": "2025", "kind": "acquisition", "company_text": "Qualcomm (UK) — Alphawave Semi (BIZ-BIG-031)", "company_id": "BIZ-BIG-031", "counterparty": "Qualcomm Incorporated", "amount": 2400000000, "amount_text": "2400000000", "currency": "USD", "valuation_reported": null, "summary": "Qualcomm agrees to buy Alphawave IP Group plc (implied enterprise value)", "sources_text": "https://investor.qualcomm.com/news-events/press-releases/news-details/2025/Qualcomm-to-Acquire-Alphawave-Semi/default.aspx — \"implied enterprise value of approximately US$2.4 billion\"", "source_urls": [ "https://investor.qualcomm.com/news-events/press-releases/news-details/2025/Qualcomm-to-Acquire-Alphawave-Semi/default.aspx" ], "confidence": "single_source", "ledger": "page", "page": "big-tech", "render": true, "date_text": "2025-06-09", "date_sort": "2025-06-09", "before_ledger_start": false, "amount_gbp": 1771871539, "fx_rate": 1.3545, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3545 per £ on 2025-06-09", "fx_date": "2025-06-09", "fx_note": "", "txt": "US$2.40bn", "gbp_txt": "£1.77bn", "show": true }, { "id": "DEAL-CHIP-006", "date": "2025-06-09", "year": "2025", "kind": "acquisition", "company_text": "Alphawave Semi (BIZ-CHIP-006)", "company_id": "BIZ-CHIP-006", "counterparty": "Qualcomm Incorporated", "amount": 2400000000, "amount_text": "2400000000", "currency": "USD", "valuation_reported": null, "summary": "Agreed offer at an implied enterprise value of about US$2.4bn (US$2.48 a share).", "sources_text": "https://investor.qualcomm.com/news-events/press-releases/news-details/2025/Qualcomm-to-Acquire-Alphawave-Semi/default.aspx — \"an implied enterprise value of approximately US$2.4 billion\"; https://theregister.com/2025/06/09/qualcomm_alphawave_acquisition/ — \"$2.48 for each share\"", "source_urls": [ "https://investor.qualcomm.com/news-events/press-releases/news-details/2025/Qualcomm-to-Acquire-Alphawave-Semi/default.aspx", "https://theregister.com/2025/06/09/qualcomm_alphawave_acquisition/" ], "confidence": "verified", "ledger": "page", "page": "chips", "render": true, "date_text": "2025-06-09", "date_sort": "2025-06-09", "before_ledger_start": false, "amount_gbp": 1771871539, "fx_rate": 1.3545, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3545 per £ on 2025-06-09", "fx_date": "2025-06-09", "fx_note": "", "txt": "US$2.40bn", "gbp_txt": "£1.77bn", "show": true }, { "id": "DEAL-X-014", "date": "2025-06-09", "year": "2025", "kind": "acquisition", "company_text": "Alphawave Semi (biz-alphawave-semi)", "company_id": "BIZ-CHIP-006", "counterparty": "Qualcomm Incorporated", "amount": 2400000000, "amount_text": "2400000000", "currency": "USD", "valuation_reported": null, "summary": "Qualcomm agreed to buy Alphawave IP Group plc, which designs high-speed connectivity chips for data centres, at an implied enterprise value of about $2.4bn; completed 18 December 2025.", "sources_text": "https://seekingalpha.com/pr/20129696-qualcomm-to-acquire-alphawave-semi (Qualcomm release) — \"at an implied enterprise value of approximately US$2.4 billion.\" ; https://www.barchart.com/story/news/36684950/qualcomm-completes-acquisition-of-alphawave-semi (Qualcomm release, 18 Dec 2025) — \"has completed its acquisition of Alphawave IP Group plc\" ; https://theregister.com/2025/06/09/qualcomm_alphawave_acquisition/ — \"Qualcomm has bid $2.4 billion to buy connectivity specialist Alphawave Semi.\"", "source_urls": [ "https://seekingalpha.com/pr/20129696-qualcomm-to-acquire-alphawave-semi", "https://www.barchart.com/story/news/36684950/qualcomm-completes-acquisition-of-alphawave-semi", "https://theregister.com/2025/06/09/qualcomm_alphawave_acquisition/" ], "confidence": "verified", "ledger": "sitewide", "page": "chips", "render": true, "same_event_as": "DEAL-CHIP-006", "date_text": "2025-06-09", "date_sort": "2025-06-09", "before_ledger_start": false, "amount_gbp": 1771871539, "fx_rate": 1.3545, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3545 per £ on 2025-06-09", "fx_date": "2025-06-09", "fx_note": "", "txt": "US$2.40bn", "gbp_txt": "£1.77bn", "show": true }, { "id": "DEAL-CHIP-010", "date": "2025-06-02", "year": "2025", "kind": "funding_round", "company_text": "Literal Labs (BIZ-CHIP-009)", "company_id": "BIZ-CHIP-009", "counterparty": "Northern Gritstone", "amount": 4600000, "amount_text": "4600000", "currency": "GBP", "valuation_reported": null, "summary": "Pre-seed round.", "sources_text": "https://www.literal-labs.ai/press/literal-labs-pre-seed-round.html — \"£4.6 million\"; https://www.literal-labs.ai/about/news/ — \"Literal Labs funding - raises £4.6M\"", "source_urls": [ "https://www.literal-labs.ai/press/literal-labs-pre-seed-round.html", "https://www.literal-labs.ai/about/news/", "https://www.uktech.news/ai/ai-firm-from-ex-arm-exec-scores-4-6m-investment-20250602" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2025-06-02", "date_sort": "2025-06-02", "before_ledger_start": false, "amount_gbp": 4600000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£4.6m", "gbp_txt": "£4.6m", "show": true }, { "id": "DEAL-CHIP-2020", "date": "2025-05-28", "year": "2025", "kind": "major_contract", "company_text": "Aion Silicon (formerly Sondrel)", "company_id": "BIZ-CHIP-015", "counterparty": "unnamed customer", "amount": 12000000, "amount_text": "12,000,000", "currency": "USD", "valuation_reported": null, "summary": "Design of a RISC-V accelerator for HPC and AI workloads.", "sources_text": "https://www.eenewseurope.com/en/aion-silicon-wins-12m-risc-v-ai-chip-design/ (trade) — \"The global HPC race demands accelerators that deliver extreme performance per watt,\"", "source_urls": [ "https://www.eenewseurope.com/en/aion-silicon-wins-12m-risc-v-ai-chip-design/" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2025-05-28", "date_sort": "2025-05-28", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 8908025, "fx_rate": 1.3471, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3471 per £ on 2025-05-28", "fx_date": "2025-05-28", "fx_note": "", "txt": "US$12m", "gbp_txt": "£8.9m", "show": true }, { "id": "DEAL-CHIP-019", "date": "2025-04-28", "year": "2025", "kind": "rename", "company_text": "Aion Silicon (BIZ-CHIP-015)", "company_id": "BIZ-CHIP-015", "counterparty": "Intel Foundry (alliance joined)", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Sondrel rebranded as Aion Silicon; Sondrel Limited renamed Aion Silicon Limited.", "sources_text": "https://www.eenewseurope.com/en/sondrel-is-now-aion-silicon — \"has re-branded as Aion Silicon\"; https://find-and-update.company-information.service.gov.uk/company/04491953 — SONDREL LIMITED to \"28 Apr 2025\"", "source_urls": [ "https://www.eenewseurope.com/en/sondrel-is-now-aion-silicon", "https://find-and-update.company-information.service.gov.uk/company/04491953" ], "confidence": "verified", "ledger": "page", "page": "chips", "render": true, "date_text": "2025-04-28", "date_sort": "2025-04-28", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-CHIP-013", "date": "2025-04-02", "year": "2025", "kind": "funding_round", "company_text": "Lumai (BIZ-CHIP-010)", "company_id": "BIZ-CHIP-010", "counterparty": "Constructor Capital (lead)", "amount": 10000000, "amount_text": "10000000", "currency": "USD", "valuation_reported": null, "summary": "Round of more than US$10m; date from Package 1, not shown on pages opened.", "sources_text": "https://www.newelectronics.co.uk/content/news/lumai-secures-10m-investment-to-slash-ai-processing-costs — \"led by VC investor Constructor Capital\"; https://www.datacenterdynamics.com/en/news/lumai-raises-10-million-for-its-optical-processing-technology/ — \"$10 million funding round\"", "source_urls": [ "https://www.newelectronics.co.uk/content/news/lumai-secures-10m-investment-to-slash-ai-processing-costs", "https://www.datacenterdynamics.com/en/news/lumai-raises-10-million-for-its-optical-processing-technology/" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2025-04-02", "date_sort": "2025-04-02", "before_ledger_start": false, "amount_gbp": 7712479, "fx_rate": 1.2966, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2966 per £ on 2025-04-02", "fx_date": "2025-04-02", "fx_note": "", "txt": "US$10m", "gbp_txt": "£7.7m", "show": true }, { "id": "DEAL-CHIP-2023", "date": "2025-03-27", "year": "2025", "kind": "major_contract", "company_text": "EnSilica", "company_id": "BIZ-CHIP-014", "counterparty": "unnamed European electromechanical supplier", "amount": 18000000, "amount_text": "18,000,000", "currency": "USD", "valuation_reported": null, "summary": "Arm-based mixed-signal sensor ASIC; estimated over $18m across seven years (not AI-specific).", "sources_text": "https://www.uktech.news/semiconductor/ensilica-shares-lift-on-new-18m-tie-up-20250327 (trade) — \"The contract will commence in April 2025, with revenues falling into EnSilica's current and next financial years.\"", "source_urls": [ "https://www.uktech.news/semiconductor/ensilica-shares-lift-on-new-18m-tie-up-20250327" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2025-03-27", "date_sort": "2025-03-27", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 13885675, "fx_rate": 1.2963, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2963 per £ on 2025-03-27", "fx_date": "2025-03-27", "fx_note": "", "txt": "US$18m", "gbp_txt": "£13.9m", "show": true }, { "id": "DEAL-CHIP-2022", "date": "2025-03-24", "year": "2025", "kind": "major_contract", "company_text": "EnSilica", "company_id": "BIZ-CHIP-014", "counterparty": "unnamed optical computing systems company", "amount": null, "amount_text": null, "currency": "GBP", "valuation_reported": null, "summary": "Multi-million-pound chip design and manufacturing services contract.", "sources_text": "https://www.uktech.news/semiconductor/ensilica-iqe-shares-rise-on-multi-million-pound-contracts-20250324 (trade) — \"a well-funded pioneering optical computing systems company\"", "source_urls": [ "https://www.uktech.news/semiconductor/ensilica-iqe-shares-rise-on-multi-million-pound-contracts-20250324" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2025-03-24", "date_sort": "2025-03-24", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-CHIP-029", "date": "2025-02-18", "year": "2025", "kind": "funding_round", "company_text": "Cambridge GaN Devices (BIZ-CHIP-034)", "company_id": "BIZ-CHIP-034", "counterparty": "Cambridge Innovation Capital, IQ Capital, Parkwalk, Foresight, BGF, British Patient Capital (no lead named)", "amount": 32000000, "amount_text": "32000000", "currency": "USD", "valuation_reported": null, "summary": "Series C", "sources_text": "https://www.uktech.news/semiconductor/semiconductor-firm-cambridge-gan-devices-secures-25m-investment-20250218 — \"$32m (£25.4m)\" ; https://www.uktech.news/semiconductor/britains-biggest-semiconductor-companies-20250219 — \"secured a £25.4m Series C round\"", "source_urls": [ "https://www.uktech.news/semiconductor/semiconductor-firm-cambridge-gan-devices-secures-25m-investment-20250218", "https://www.uktech.news/semiconductor/britains-biggest-semiconductor-companies-20250219" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2025-02-18", "date_sort": "2025-02-18", "before_ledger_start": false, "amount_gbp": 25366627, "fx_rate": 1.2615, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2615 per £ on 2025-02-18", "fx_date": "2025-02-18", "fx_note": "", "txt": "US$32m", "gbp_txt": "£25.4m", "show": true }, { "id": "DEAL-CHIP-2021", "date": "2025-01-24", "year": "2025", "kind": "major_contract", "company_text": "IQE", "company_id": "BIZ-CHIP-023", "counterparty": "Quintessent", "amount": 500000, "amount_text": "500,000", "currency": "USD", "valuation_reported": null, "summary": "Partnership and initial purchase order for quantum-dot wafers for AI optical interconnects.", "sources_text": "https://www.uktech.news/semiconductor/iqe-shares-jump-on-quantum-dot-wafer-technology-for-ai-20250124 (trade) — \"The rapid expansion of AI-driven applications has placed significant requirement in data centres power consumption\"", "source_urls": [ "https://www.uktech.news/semiconductor/iqe-shares-jump-on-quantum-dot-wafer-technology-for-ai-20250124" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2025-01-24", "date_sort": "2025-01-24", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 400513, "fx_rate": 1.2484, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2484 per £ on 2025-01-24", "fx_date": "2025-01-24", "fx_note": "", "txt": "US$500,000", "gbp_txt": "£400,513", "show": true }, { "id": "DEAL-CHIP-016", "date": "2024-11-11", "year": "2024", "kind": "major_contract", "company_text": "EnSilica (BIZ-CHIP-014)", "company_id": "BIZ-CHIP-014", "counterparty": "Oriole Networks (BIZ-CHIP-011)", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "EnSilica to design and supply photonics controller chips for Oriole's optical switches.", "sources_text": "https://www.uktech.news/seminconductor/chipmaker-ensilica-shares-rise-on-fresh-deal-with-ian-hogarth-backed-ucl-spinout-20241111 — \"commences this month with material non-recurring engineering revenues\"", "source_urls": [ "https://www.uktech.news/seminconductor/chipmaker-ensilica-shares-rise-on-fresh-deal-with-ian-hogarth-backed-ucl-spinout-20241111" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2024-11-11", "date_sort": "2024-11-11", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-CHIP-2024", "date": "2024-11-05", "year": "2024", "kind": "major_contract", "company_text": "EnSilica", "company_id": "BIZ-CHIP-014", "counterparty": "unnamed", "amount": 7000000, "amount_text": "7,000,000", "currency": "USD", "valuation_reported": null, "summary": "Edge AI chip contract with possible supply revenue above $50m over five years (reported with going-concern warning).", "sources_text": "https://www.uktech.news/seminconductor/ensilica-shares-sink-as-chipmaker-warns-on-survival-without-more-funding-20241105 (trade) — \"Additional external financing may be required should the company experience further delays in contracted customer receipts\"", "source_urls": [ "https://www.uktech.news/seminconductor/ensilica-shares-sink-as-chipmaker-warns-on-survival-without-more-funding-20241105" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2024-11-05", "date_sort": "2024-11-05", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 5383787, "fx_rate": 1.3002, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3002 per £ on 2024-11-05", "fx_date": "2024-11-05", "fx_note": "", "txt": "US$7m", "gbp_txt": "£5.4m", "show": true }, { "id": "DEAL-CHIP-2004", "date": "2024-10-25", "year": "2024", "kind": "grant", "company_text": "Fractile", "company_id": "BIZ-CHIP-005", "counterparty": "ARIA (Scaling Compute)", "amount": 5000000, "amount_text": "5,000,000", "currency": "GBP", "valuation_reported": null, "summary": "ARIA funding for analogue in-memory compute.", "sources_text": "https://www.eenewseurope.com/en/66m-for-uk-ai-hardware-projects/ (trade) — \"£5m for analog in memory compute at Fractile\"", "source_urls": [ "https://www.eenewseurope.com/en/66m-for-uk-ai-hardware-projects/" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2024-10-25", "date_sort": "2024-10-25", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 5000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£5m", "gbp_txt": "£5m", "show": true }, { "id": "DEAL-CLD-4009", "date": "2024-10-25", "year": "2024", "kind": "compute_grant", "company_text": "BIZ-CHIP-2035 ARIA Scaling Compute", "company_id": "BIZ-CHIP-2035", "counterparty": "ARIA", "amount": 50000000, "amount_text": "50000000", "currency": "GBP", "valuation_reported": null, "summary": "ARIA named 12 teams for its Scaling Compute programme, backed by nearly £50m. Buys or funds: 12 Creator teams working to cut AI hardware costs by over 1000x (amount stated as \"nearly £50 million\").", "sources_text": "https://aria.org.uk/insights/2024/introducing-our-rd-creators — \"Backed by nearly £50 million,\"", "source_urls": [ "https://aria.org.uk/insights/2024/introducing-our-rd-creators" ], "confidence": "single_source", "ledger": "page", "page": "cloud", "render": true, "date_text": "2024-10-25", "date_sort": "2024-10-25", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": 50000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£50m", "gbp_txt": "£50m", "show": true, "round6": true }, { "id": "DEAL-CHIP-2005", "date": "2024-10-23", "year": "2024", "kind": "major_contract", "company_text": "Fractile", "company_id": "BIZ-CHIP-005", "counterparty": "Andes Technology", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Licence for AX45MPV 64-bit RISC-V vector processor IP for Fractile's first data-centre inference accelerator.", "sources_text": "https://www.eenewseurope.com/en/fractile-licenses-risc-v-vector-processor-ip-for-ai-accelerator/ (trade) — \"UK startup Fractile has licensed a 64bit RISC-V vector processor for its AI accelerator chip from Andes Technology.\"", "source_urls": [ "https://www.eenewseurope.com/en/fractile-licenses-risc-v-vector-processor-ip-for-ai-accelerator/" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2024-10-23", "date_sort": "2024-10-23", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-CHIP-015", "date": "2024-10-21", "year": "2024", "kind": "funding_round", "company_text": "Oriole Networks (BIZ-CHIP-011)", "company_id": "BIZ-CHIP-011", "counterparty": "Plural (lead)", "amount": 22000000, "amount_text": "22000000", "currency": "USD", "valuation_reported": null, "summary": "Series A (reported as £16.9m).", "sources_text": "https://www.uktech.news/ai/ian-hogarths-plural-leads-17m-ai-round-oriole-networks-20241021 — $22m (£16.9m) led by Plural", "source_urls": [ "https://www.uktech.news/ai/ian-hogarths-plural-leads-17m-ai-round-oriole-networks-20241021" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2024-10-21", "date_sort": "2024-10-21", "before_ledger_start": false, "amount_gbp": 16920474, "fx_rate": 1.3002, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3002 per £ on 2024-10-21", "fx_date": "2024-10-21", "fx_note": "", "txt": "US$22m", "gbp_txt": "£16.9m", "show": true }, { "id": "DEAL-CHIP-2015", "date": "2024-10-21", "year": "2024", "kind": "funding_round", "company_text": "Oriole Networks", "company_id": "BIZ-CHIP-011", "counterparty": "Plural", "amount": 17000000, "amount_text": "17,000,000", "currency": "GBP", "valuation_reported": null, "summary": "Series A for photonic networking of AI chips.", "sources_text": "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-oriole-to-where-you-at-20241025 (trade) — \"Founded in 2023, Oriole Networks is using photonics to combine the processing power of multiple AI chips.\"", "source_urls": [ "https://www.uktech.news/funding/uk-tech-funding-roundup-this-weeks-deals-from-oriole-to-where-you-at-20241025" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2024-10-21", "date_sort": "2024-10-21", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 17000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£17m", "gbp_txt": "£17m", "show": true }, { "id": "DEAL-CHIP-2028", "date": "2024-08-01", "year": "2024", "kind": "funding_round", "company_text": "Vaire Computing", "company_id": "BIZ-CHIP-018", "counterparty": null, "amount": 4500000, "amount_text": "4,500,000", "currency": "USD", "valuation_reported": null, "summary": "Raise reported by DSIT during ChipStart cohort 1.", "sources_text": "https://www.gov.uk/government/news/government-scheme-helps-uk-chip-start-ups-raise-10-million-from-new-fertility-treatments-to-improving-the-efficiency-of-ai — \"that use nearly no power at all\" ; https://www.uktech.news/deep-tech/government-uk-chipstart-semiconductor-startups-20240801 (trade) — \"ultra-energy-efficient chips\"", "source_urls": [ "https://www.gov.uk/government/news/government-scheme-helps-uk-chip-start-ups-raise-10-million-from-new-fertility-treatments-to-improving-the-efficiency-of-ai", "https://www.uktech.news/deep-tech/government-uk-chipstart-semiconductor-startups-20240801" ], "confidence": "verified", "ledger": "page", "page": "chips", "render": true, "date_text": "2024-08-01", "date_sort": "2024-08-01", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 3517549, "fx_rate": 1.2793, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2793 per £ on 2024-08-01", "fx_date": "2024-08-01", "fx_note": "", "txt": "US$4.5m", "gbp_txt": "£3.5m", "show": true }, { "id": "DEAL-CHIP-2029", "date": "2024-08-01", "year": "2024", "kind": "funding_round", "company_text": "Wave Photonics", "company_id": null, "counterparty": null, "amount": 4500000, "amount_text": "4,500,000", "currency": "GBP", "valuation_reported": null, "summary": "Early funding round reported by DSIT.", "sources_text": "https://www.gov.uk/government/news/government-scheme-helps-uk-chip-start-ups-raise-10-million-from-new-fertility-treatments-to-improving-the-efficiency-of-ai — \"Wave Photonics is now deploying its technology to enable an explosion of integrated photonics applications.\"", "source_urls": [ "https://www.gov.uk/government/news/government-scheme-helps-uk-chip-start-ups-raise-10-million-from-new-fertility-treatments-to-improving-the-efficiency-of-ai" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2024-08-01", "date_sort": "2024-08-01", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": 4500000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£4.5m", "gbp_txt": "£4.5m", "show": true }, { "id": "DEAL-CHIP-003", "date": "2024-07-26", "year": "2024", "kind": "funding_round", "company_text": "Fractile (BIZ-CHIP-005)", "company_id": "BIZ-CHIP-005", "counterparty": "Kindred Capital, NATO Innovation Fund, Oxford Science Enterprises (co-leads)", "amount": 12000000, "amount_text": "12000000", "currency": "GBP", "valuation_reported": null, "summary": "Seed round as the company left stealth.", "sources_text": "https://www.uktech.news/ai/fractile-seed-nvidia-ai-chip-20240726 — \"£12m seed round\"", "source_urls": [ "https://www.uktech.news/ai/fractile-seed-nvidia-ai-chip-20240726" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2024-07-26", "date_sort": "2024-07-26", "before_ledger_start": false, "amount_gbp": 12000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£12m", "gbp_txt": "£12m", "show": true }, { "id": "DEAL-CHIP-2003", "date": "2024-07-26", "year": "2024", "kind": "funding_round", "company_text": "Fractile", "company_id": "BIZ-CHIP-005", "counterparty": "Kindred Capital, NATO Innovation Fund, Oxford Science Enterprises (co-leads)", "amount": 12000000, "amount_text": "12,000,000", "currency": "GBP", "valuation_reported": null, "summary": "Seed round as Fractile came out of stealth.", "sources_text": "https://www.uktech.news/ai/fractile-seed-nvidia-ai-chip-20240726 (trade) — \"Founded in 2022, Fractile claims the AI industry’s over-reliance on a small variety of chips is limiting its performance.\"", "source_urls": [ "https://www.uktech.news/ai/fractile-seed-nvidia-ai-chip-20240726" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2024-07-26", "date_sort": "2024-07-26", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 12000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£12m", "gbp_txt": "£12m", "show": true }, { "id": "DEAL-CHIP-002", "date": "2024-07-11", "year": "2024", "kind": "acquisition", "company_text": "Graphcore (BIZ-CHIP-003)", "company_id": "BIZ-CHIP-003", "counterparty": "SoftBank Group Corp.", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "SoftBank acquired Graphcore, which became a wholly owned subsidiary; terms not disclosed.", "sources_text": "https://graphcore.ai/posts/graphcore-joins-softbank-group-to-build-next-generation-of-ai-compute — \"has been acquired by SoftBank Group Corp.\"; https://find-and-update.company-information.service.gov.uk/company/10185006/officers — MIMURA, Ippei and ROSCOE, Jared Patrick appointed \"11 July 2024\"", "source_urls": [ "https://graphcore.ai/posts/graphcore-joins-softbank-group-to-build-next-generation-of-ai-compute", "https://find-and-update.company-information.service.gov.uk/company/10185006/officers" ], "confidence": "verified", "ledger": "page", "page": "chips", "render": true, "date_text": "2024-07-11", "date_sort": "2024-07-11", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-X-002", "date": "2024-07-11", "year": "2024", "kind": "acquisition", "company_text": "Graphcore (biz-graphcore)", "company_id": "BIZ-CHIP-003", "counterparty": "SoftBank Group Corp.", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "SoftBank bought Graphcore, the Bristol AI chip designer; it became a wholly owned SoftBank subsidiary and kept its name. Price not disclosed; Sifted reported it was below the c.$700m invested to date.", "sources_text": "https://www.graphcore.ai/posts/graphcore-joins-softbank-group-to-build-next-generation-of-ai-compute — \"Graphcore today announced that the company has been acquired by SoftBank Group Corp.\" ; https://sifted.eu/articles/graphcore-acquired-softbank-news (trade) — \"Graphcore has been acquired by SoftBank\"", "source_urls": [ "https://www.graphcore.ai/posts/graphcore-joins-softbank-group-to-build-next-generation-of-ai-compute", "https://sifted.eu/articles/graphcore-acquired-softbank-news" ], "confidence": "verified", "ledger": "sitewide", "page": "chips", "render": true, "same_event_as": "DEAL-CHIP-002", "date_text": "2024-07-11", "date_sort": "2024-07-11", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-CHIP-020", "date": "2024-07-01", "year": "2024", "kind": "funding_round", "company_text": "Vaire Computing (BIZ-CHIP-018)", "company_id": "BIZ-CHIP-018", "counterparty": "7percent Ventures and Jude Gomila (leads)", "amount": 4000000, "amount_text": "4000000", "currency": "USD", "valuation_reported": null, "summary": "Seed round; total raised US$4.5m.", "sources_text": "https://www.datacenterdynamics.com/en/news/vaire-computing-raises-4-million-for-reversible-computing-proof-of-concept/ — \"$4 million in a seed round\"", "source_urls": [ "https://www.datacenterdynamics.com/en/news/vaire-computing-raises-4-million-for-reversible-computing-proof-of-concept/" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2024-07-01", "date_sort": "2024-07-01", "before_ledger_start": false, "amount_gbp": 3162805, "fx_rate": 1.2647, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2647 per £ on 2024-07-01", "fx_date": "2024-07-01", "fx_note": "", "txt": "US$4m", "gbp_txt": "£3.2m", "show": true }, { "id": "DEAL-CHIP-014", "date": "2024-03-28", "year": "2024", "kind": "funding_round", "company_text": "Oriole Networks (BIZ-CHIP-011)", "company_id": "BIZ-CHIP-011", "counterparty": "UCL Technology Fund, Clean Growth Fund, XTX Ventures, Dorilton Ventures (co-leads)", "amount": 10000000, "amount_text": "10000000", "currency": "GBP", "valuation_reported": null, "summary": "Seed round.", "sources_text": "https://www.uktech.news/ai/oriole-raises-10m-ai-llm-20240328 — \"co-led by\"", "source_urls": [ "https://www.uktech.news/ai/oriole-raises-10m-ai-llm-20240328" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2024-03-28", "date_sort": "2024-03-28", "before_ledger_start": false, "amount_gbp": 10000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£10m", "gbp_txt": "£10m", "show": true }, { "id": "DEAL-CHIP-021", "date": "2023-12-06", "year": "2023", "kind": "funding_round", "company_text": "Pragmatic Semiconductor (BIZ-CHIP-022)", "company_id": "BIZ-CHIP-022", "counterparty": "M&G Catalyst and UK Infrastructure Bank (co-leads)", "amount": 182000000, "amount_text": "182000000", "currency": "GBP", "valuation_reported": null, "summary": "Series D to build two more production lines in Durham.", "sources_text": "https://www.uktech.news/deep-tech/pragmatic-semiconductor-manufacturing-funding-20231206 — £182m Series D", "source_urls": [ "https://www.uktech.news/deep-tech/pragmatic-semiconductor-manufacturing-funding-20231206" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2023-12-06", "date_sort": "2023-12-06", "before_ledger_start": false, "amount_gbp": 182000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£182m", "gbp_txt": "£182m", "show": true }, { "id": "DEAL-CHIP-2032", "date": "2023-10-12", "year": "2023", "kind": "grant", "company_text": "ChipStart UK", "company_id": "BIZ-CHIP-2024", "counterparty": "Department for Science, Innovation and Technology", "amount": 1300000, "amount_text": "1,300,000", "currency": "GBP", "valuation_reported": null, "summary": "Government funding to launch the ChipStart incubator, run by SiliconCatalyst.UK.", "sources_text": "https://www.techuk.org/resource/dsit-launches-chipstart-incubator-for-semiconductor-start-ups.html — \"bespoke chip design tools, commercial expertise, specialised mentorship\"", "source_urls": [ "https://www.techuk.org/resource/dsit-launches-chipstart-incubator-for-semiconductor-start-ups.html" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2023-10-12", "date_sort": "2023-10-12", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": 1300000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£1.3m", "gbp_txt": "£1.3m", "show": true }, { "id": "DEAL-CHIP-001", "date": "2023-09", "year": "2023", "kind": "listing", "company_text": "Arm (BIZ-CHIP-001)", "company_id": "BIZ-CHIP-001", "counterparty": "Nasdaq", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Arm Holdings re-registered as a plc on 1 September 2023 and listed on Nasdaq in 2023 (IPO release could not be opened).", "sources_text": "https://find-and-update.company-information.service.gov.uk/company/11299879 — \"ARM HOLDINGS LIMITED\" (09 Apr 2018 to 01 Sep 2023); https://www.uktech.news/semiconductor/britains-biggest-semiconductor-companies-20250219 — \"Listed on Nasdaq in 2023\"", "source_urls": [ "https://find-and-update.company-information.service.gov.uk/company/11299879", "https://www.uktech.news/semiconductor/britains-biggest-semiconductor-companies-20250219" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2023-09", "date_sort": "2023-09-00", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-CHIP-2033", "date": "2023-08-21", "year": "2023", "kind": "investment_pledge", "company_text": "UK Government (UKRI)", "company_id": null, "counterparty": "Nvidia, AMD, Intel (reported talks)", "amount": 100000000, "amount_text": "100,000,000", "currency": "GBP", "valuation_reported": null, "summary": "Reported plan to spend £100m on AI chips, including about 5,000 Nvidia GPUs.", "sources_text": "https://www.uktech.news/ai/100m-ai-semiconductor-procurement-20230821 (trade) — \"close to securing an order of 5,000 graphics processing units (GPUs) from Nvidia\"", "source_urls": [ "https://www.uktech.news/ai/100m-ai-semiconductor-procurement-20230821" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2023-08-21", "date_sort": "2023-08-21", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 100000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£100m", "gbp_txt": "£100m", "show": true }, { "id": "DEAL-SU-IND-2002", "date": "2023-08-15", "year": "2023", "kind": "grant", "company_text": "Secqai Ltd", "company_id": "BIZ-SU-IND-2003", "counterparty": "DESNZ AI for Decarbonisation Stream 2", "amount": 100000, "amount_text": "100,000", "currency": "GBP", "valuation_reported": null, "summary": "Neuromorphic computing unit for ultra-low-power AI.", "sources_text": "https://www.gov.uk/government/publications/artificial-intelligence-for-decarbonisation-innovation-programme-successful-projects/ai-for-decarbonisation-innovation-programme-stream-2-successful-projects — \"This project aims to create a novel neuromorphic computing unit\"", "source_urls": [ "https://www.gov.uk/government/publications/artificial-intelligence-for-decarbonisation-innovation-programme-successful-projects/ai-for-decarbonisation-innovation-programme-stream-2-successful-projects" ], "confidence": "single_source", "ledger": "page", "page": "startups", "render": true, "date_text": "2023-08-15 to 2024-03-19 (page first published / updated)", "date_sort": "2023-08-15", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": 100000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£100,000", "gbp_txt": "£100,000", "show": true }, { "id": "DEAL-CHIP-2016", "date": "2023-07-17", "year": "2023", "kind": "funding_round", "company_text": "Optalysys", "company_id": "BIZ-CHIP-029", "counterparty": "Lingotto, imec.xpand, Northern Gritstone", "amount": 21000000, "amount_text": "21,000,000", "currency": "GBP", "valuation_reported": null, "summary": "Series A for photonic computing for fully homomorphic encryption.", "sources_text": "https://www.uktech.news/deep-tech/optalysys-funding-series-a-20230717 (trade) — \"Optalysys has the holy grail of privacy technologies.\"", "source_urls": [ "https://www.uktech.news/deep-tech/optalysys-funding-series-a-20230717" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2023-07-17", "date_sort": "2023-07-17", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 21000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£21m", "gbp_txt": "£21m", "show": true }, { "id": "DEAL-CHIP-025", "date": "2023-07-06", "year": "2023", "kind": "uk_office_opening", "company_text": "Axelera AI (UK) (BIZ-CHIP-024)", "company_id": "BIZ-CHIP-024", "counterparty": "University of Bristol QTIC", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "First UK office opened in Bristol.", "sources_text": "https://www.bristol.ac.uk/temple-quarter-enterprise-campus/research-and-innovation/qtic/news/2023/axelera-joins-qtic.html — \"our first UK office in Bristol\"", "source_urls": [ "https://www.bristol.ac.uk/temple-quarter-enterprise-campus/research-and-innovation/qtic/news/2023/axelera-joins-qtic.html" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2023-07-06", "date_sort": "2023-07-06", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-CHIP-026", "date": "2023-03-13", "year": "2023", "kind": "funding_round", "company_text": "Intrinsic Semiconductor Technologies (BIZ-CHIP-028)", "company_id": "BIZ-CHIP-028", "counterparty": "Octopus Ventures (lead)", "amount": 7000000, "amount_text": "7000000", "currency": "GBP", "valuation_reported": null, "summary": "Round with IP Group and UCL Technology Fund, plus £1m of Innovate UK grants.", "sources_text": "https://www.uktech.news/deep-tech/intrinsic-receives-7m-20230313 — \"secured £7m\"", "source_urls": [ "https://www.uktech.news/deep-tech/intrinsic-receives-7m-20230313" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2023-03-13", "date_sort": "2023-03-13", "before_ledger_start": false, "amount_gbp": 7000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£7m", "gbp_txt": "£7m", "show": true }, { "id": "DEAL-CHIP-012", "date": "2023-02-15", "year": "2023", "kind": "funding_round", "company_text": "Lumai (BIZ-CHIP-010)", "company_id": "BIZ-CHIP-010", "counterparty": "Innovate UK (grant)", "amount": 1100000, "amount_text": "1100000", "currency": "GBP", "valuation_reported": null, "summary": "Innovate UK grant for optical neural networks.", "sources_text": "https://www.uktech.news/deep-tech/lumai-grant-20230215 — \"University of Oxford spinout\" awarded £1.1m", "source_urls": [ "https://www.uktech.news/deep-tech/lumai-grant-20230215" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2023-02-15", "date_sort": "2023-02-15", "before_ledger_start": false, "amount_gbp": 1100000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£1.1m", "gbp_txt": "£1.1m", "show": true }, { "id": "DEAL-CHIP-2030", "date": "2022-10-27", "year": "2022", "kind": "funding_round", "company_text": "Axelera AI (UK)", "company_id": "BIZ-CHIP-024", "counterparty": "Innovation Industries (lead)", "amount": 27000000, "amount_text": "27,000,000", "currency": "USD", "valuation_reported": null, "summary": "Series A for the Dutch edge-AI chip firm; included expansion with a Bristol office.", "sources_text": "https://www.eenewseurope.com/en/axelera-ai-raises-27m-for-in-memory-computing-at-the-edge/ (trade) — \"The funding round was led by existing investor Innovation Industries\"", "source_urls": [ "https://www.eenewseurope.com/en/axelera-ai-raises-27m-for-in-memory-computing-at-the-edge/" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2022-10-27", "date_sort": "2022-10-27", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 23314049, "fx_rate": 1.1581, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.1581 per £ on 2022-10-27", "fx_date": "2022-10-27", "fx_note": "", "txt": "US$27m", "gbp_txt": "£23.3m", "show": true }, { "id": "DEAL-CHIP-2017", "date": "2022-05-13", "year": "2022", "kind": "funding_round", "company_text": "Salience Labs", "company_id": "BIZ-CHIP-012", "counterparty": "Cambridge Innovation Capital, Oxford Science Enterprises", "amount": 9400000, "amount_text": "9,400,000", "currency": "GBP", "valuation_reported": null, "summary": "Seed round for hybrid photonic-electronic AI chip.", "sources_text": "https://www.uktech.news/deep-tech/salience-labs-raises-9-4m-20220513 (trade) — \"Salience Labs brings together deep domain expertise in photonics, electronics, and CMOS manufacture.\"", "source_urls": [ "https://www.uktech.news/deep-tech/salience-labs-raises-9-4m-20220513" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2022-05-13", "date_sort": "2022-05-13", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 9400000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£9.4m", "gbp_txt": "£9.4m", "show": true }, { "id": "DEAL-LB-004", "date": "2022-02-08", "year": "2022", "kind": "cancellation", "company_text": "Arm (BIZ-CHIP-001)", "company_id": "BIZ-CHIP-001", "counterparty": "Nvidia", "amount": 40000000000, "amount_text": "40000000000", "currency": "USD", "valuation_reported": null, "summary": "Nvidia abandoned its $40bn takeover of Cambridge chip designer Arm; Arm to pursue a listing instead.", "sources_text": "https://www.uktech.news/growth-strategy/exit-strategy/nvidia-arm-ipo-20220208 (trade) — \"Nvidia has abandoned its $40bn (£29.6bn) takeover of Cambridge-based chip designer Arm\"", "source_urls": [ "https://www.uktech.news/growth-strategy/exit-strategy/nvidia-arm-ipo-20220208" ], "confidence": "single_source", "ledger": "ledger2", "page": "chips", "render": true, "date_text": "2022-02-08", "date_sort": "2022-02-08", "before_ledger_start": false, "amount_gbp": 29513760791, "fx_rate": 1.3553, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3553 per £ on 2022-02-08", "fx_date": "2022-02-08", "fx_note": "", "txt": "US$40bn", "gbp_txt": "£29.51bn", "show": true }, { "id": "DEAL-PE-022", "date": "2022-02-08", "year": "2022", "kind": "cancellation", "company_text": "Arm (BIZ-CHIP-001)", "company_id": "BIZ-CHIP-001", "counterparty": "NVIDIA; SoftBank Group (BIZ-INV-018)", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "NVIDIA's purchase of Arm (agreed 13 Sept 2020) ended over regulatory challenges; SoftBank kept the US$1.25bn prepayment and planned an Arm IPO.", "sources_text": "https://group.softbank/en/news/press/20220208 — \"significant regulatory challenges preventing the consummation of the transaction\"; https://www.sec.gov/Archives/edgar/data/1045810/000104581022000005/nvda-20220208.htm — \"the Sellers will retain the $1.25 billion prepaid by the Company\"", "source_urls": [ "https://group.softbank/en/news/press/20220208", "https://www.sec.gov/Archives/edgar/data/1045810/000104581022000005/nvda-20220208.htm" ], "confidence": "verified", "ledger": "ledger2", "page": "chips", "render": true, "same_event_as": "DEAL-LB-004", "date_text": "2022-02-08", "date_sort": "2022-02-08", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-CHIP-2018", "date": "2021-12-20", "year": "2021", "kind": "funding_round", "company_text": "Salience Labs", "company_id": "BIZ-CHIP-012", "counterparty": "Deeptech Labs", "amount": 350000, "amount_text": "350,000", "currency": "GBP", "valuation_reported": null, "summary": "Pre-seed plus 13-week mentoring course.", "sources_text": "https://www.eenewseurope.com/en/cambridge-incubator-invests-in-uk-photonic-processor-startup/ (trade) — \"Salience is thought to be developing a hybrid photonic-electronic IC for AI processing.\"", "source_urls": [ "https://www.eenewseurope.com/en/cambridge-incubator-invests-in-uk-photonic-processor-startup/" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2021-12-20", "date_sort": "2021-12-20", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 350000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£350,000", "gbp_txt": "£350,000", "show": true }, { "id": "DEAL-CHIP-030", "date": "2021-05-17", "year": "2021", "kind": "funding_round", "company_text": "Agile Analog (BIZ-CHIP-036)", "company_id": "BIZ-CHIP-036", "counterparty": "OMERS Ventures", "amount": 19000000, "amount_text": "19000000", "currency": "USD", "valuation_reported": null, "summary": "Round with Delin Ventures, firstminute capital and MMC Ventures", "sources_text": "https://www.uktech.news/news/cambridge-deep-tech-agile-analog-funding-20210517 — \"closed $19 million (nearly £13.5 million) in funding\"", "source_urls": [ "https://www.uktech.news/news/cambridge-deep-tech-agile-analog-funding-20210517" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2021-05-17", "date_sort": "2021-05-17", "before_ledger_start": false, "amount_gbp": 13457997, "fx_rate": 1.4118, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.4118 per £ on 2021-05-17", "fx_date": "2021-05-17", "fx_note": "", "txt": "US$19m", "gbp_txt": "£13.5m", "show": true }, { "id": "DEAL-PE-004", "date": "2021-05-13", "year": "2021", "kind": "listing", "company_text": "Alphawave Semi (BIZ-CHIP-006)", "company_id": "BIZ-CHIP-006", "counterparty": "London Stock Exchange", "amount": 856000000, "amount_text": "856000000", "currency": "GBP", "valuation_reported": "3100000000 GBP", "summary": "London IPO raised £856m at an implied £3.1bn valuation; shares fell on the first day. Date taken from the article's URL.", "sources_text": "https://www.bloomberg.com/news/articles/2021-05-13/alphawave-holders-raise-1-2-billion-in-london-chip-listing — \"The company raised 856 million pounds ($1.2 billion) in the initial public offering\"", "source_urls": [ "https://www.bloomberg.com/news/articles/2021-05-13/alphawave-holders-raise-1-2-billion-in-london-chip-listing" ], "confidence": "single_source", "ledger": "ledger2", "page": "chips", "render": true, "date_text": "2021-05-13", "date_sort": "2021-05-13", "before_ledger_start": false, "amount_gbp": 856000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£856m", "gbp_txt": "£856m", "show": true }, { "id": "DEAL-CHIP-2019", "date": "2020-12-30", "year": "2020", "kind": "funding_round", "company_text": "Graphcore", "company_id": "BIZ-CHIP-003", "counterparty": "Ontario Teachers' Pension Plan Board, Fidelity, Schroders, Baillie Gifford, Draper Esprit", "amount": 222000000, "amount_text": "222,000,000", "currency": "USD", "valuation_reported": null, "summary": "Series E at $2.77bn valuation.", "sources_text": "https://www.uktech.news/news/bristol-startup-graphcore-funding-20201230 (trade) — \"We have created a technology that dramatically outperforms legacy processors such as GPUs\"", "source_urls": [ "https://www.uktech.news/news/bristol-startup-graphcore-funding-20201230" ], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "2020-12-30", "date_sort": "2020-12-30", "before_ledger_start": false, "week_ending": false, "trade": true, "round4": true, "amount_gbp": 163139330, "fx_rate": 1.3608, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3608 per £ on 2020-12-30", "fx_date": "2020-12-30", "fx_note": "", "txt": "US$222m", "gbp_txt": "£163.1m", "show": true }, { "id": "DEAL-LA-054", "date": "2020-12-29", "year": "2020", "kind": "funding_round", "company_text": "Graphcore (BIZ-CHIP-003)", "company_id": "BIZ-CHIP-003", "counterparty": "Ontario Teachers' Pension Plan (lead)", "amount": 222000000, "amount_text": "222000000", "currency": "USD", "valuation_reported": "2770000000 USD (post-money)", "summary": "Series E.", "sources_text": "https://techcrunch.com/2020/12/28/ai-chipmaker-graphcore-raises-222m-at-a-2-77b-valuation-and-puts-an-ipo-in-its-sights/ — \"AI chipmaker Graphcore raises $222M at a $2.77B valuation\"", "source_urls": [ "https://techcrunch.com/2020/12/28/ai-chipmaker-graphcore-raises-222m-at-a-2-77b-valuation-and-puts-an-ipo-in-its-sights/" ], "confidence": "single_source", "ledger": "ledger2", "page": "chips", "render": true, "date_text": "2020-12-29", "date_sort": "2020-12-29", "before_ledger_start": false, "amount_gbp": 164517563, "fx_rate": 1.3494, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3494 per £ on 2020-12-29", "fx_date": "2020-12-29", "fx_note": "", "txt": "US$222m", "gbp_txt": "£164.5m", "show": true }, { "id": "DEAL-LA-042", "date": "2020-02-25", "year": "2020", "kind": "funding_round", "company_text": "Graphcore (BIZ-CHIP-003)", "company_id": "BIZ-CHIP-003", "counterparty": "Baillie Gifford; Mayfair Equity Partners; M&G Investments (new); existing investors", "amount": 150000000, "amount_text": "150000000", "currency": "USD", "valuation_reported": "1950000000 USD", "summary": "Series D extension.", "sources_text": "https://techcrunch.com/2020/02/24/graphcore-the-ai-chipmaker-raises-another-150m-at-a-1-95b-valuation/ — \"Graphcore, the AI chipmaker, raises another $150M at a $1.95B valuation\"", "source_urls": [ "https://techcrunch.com/2020/02/24/graphcore-the-ai-chipmaker-raises-another-150m-at-a-1-95b-valuation/" ], "confidence": "single_source", "ledger": "ledger2", "page": "chips", "render": true, "date_text": "2020-02-25", "date_sort": "2020-02-25", "before_ledger_start": false, "amount_gbp": 115242778, "fx_rate": 1.3016, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3016 per £ on 2020-02-25", "fx_date": "2020-02-25", "fx_note": "", "txt": "US$150m", "gbp_txt": "£115.2m", "show": true }, { "id": "DEAL-LA-023", "date": "2019-01-21", "year": "2019", "kind": "funding_round", "company_text": "Flexciton (BIZ-SU-IND-025)", "company_id": "BIZ-SU-IND-025", "counterparty": "Backed VC (lead); Join Capital; Entrepreneur First", "amount": 2500000, "amount_text": "2500000", "currency": "GBP", "valuation_reported": null, "summary": "Seed round for AI production scheduling for factories.", "sources_text": "https://techcrunch.com/2019/01/21/flexciton/ — \"has raised £2.5 million in funding, in a round led by Backed VC\"", "source_urls": [ "https://techcrunch.com/2019/01/21/flexciton/" ], "confidence": "single_source", "ledger": "ledger2", "page": "startups", "render": true, "date_text": "2019-01-21", "date_sort": "2019-01-21", "before_ledger_start": false, "amount_gbp": 2500000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£2.5m", "gbp_txt": "£2.5m", "show": true }, { "id": "DEAL-LA-021", "date": "2018-12-18", "year": "2018", "kind": "funding_round", "company_text": "Graphcore (BIZ-CHIP-003)", "company_id": "BIZ-CHIP-003", "counterparty": "Atomico; Sofina (joint leads); BMW and Microsoft as strategic investors", "amount": 200000000, "amount_text": "200000000", "currency": "USD", "valuation_reported": "1700000000 USD (post-money, company figure)", "summary": "Series D.", "sources_text": "https://techcrunch.com/2018/12/18/ai-chip-startup-graphcore-closes-200m-series-d-adds-bmw-and-microsoft-as-strategic-investors/ — \"a $200 million Series D round today that’s jointly led by an existing investor, European VC Atomico\"", "source_urls": [ "https://techcrunch.com/2018/12/18/ai-chip-startup-graphcore-closes-200m-series-d-adds-bmw-and-microsoft-as-strategic-investors/" ], "confidence": "single_source", "ledger": "ledger2", "page": "chips", "render": true, "date_text": "2018-12-18", "date_sort": "2018-12-18", "before_ledger_start": false, "amount_gbp": 158328056, "fx_rate": 1.2632, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.2632 per £ on 2018-12-18", "fx_date": "2018-12-18", "fx_note": "", "txt": "US$200m", "gbp_txt": "£158.3m", "show": true }, { "id": "DEAL-LA-008", "date": "2017-11-13", "year": "2017", "kind": "funding_round", "company_text": "Graphcore (BIZ-CHIP-003)", "company_id": "BIZ-CHIP-003", "counterparty": "Sequoia Capital (lead)", "amount": 50000000, "amount_text": "50000000", "currency": "USD", "valuation_reported": null, "summary": "Round (no series letter in source) for Bristol AI chip maker; followed a $30m Series B led by Atomico in July 2017.", "sources_text": "https://techcrunch.com/2017/11/12/graphcore-raises-50m-amid-a-flurry-of-ai-chip-activity/?ncid=mobilenavtrend — \"raised $50 million in new financing led by Sequoia Capital\"", "source_urls": [ "https://techcrunch.com/2017/11/12/graphcore-raises-50m-amid-a-flurry-of-ai-chip-activity/?ncid=mobilenavtrend" ], "confidence": "single_source", "ledger": "ledger2", "page": "chips", "render": true, "date_text": "2017-11-13", "date_sort": "2017-11-13", "before_ledger_start": false, "amount_gbp": 38133008, "fx_rate": 1.3112, "fx_source": "Bank of England daily spot rate (series XUDLUSS, XUDLERS), US$1.3112 per £ on 2017-11-13", "fx_date": "2017-11-13", "fx_note": "", "txt": "US$50m", "gbp_txt": "£38.1m", "show": true }, { "id": "DEAL-PE-008", "date": "2017-11-03", "year": "2017", "kind": "acquisition", "company_text": "Imagination Technologies (BIZ-CHIP-020)", "company_id": "BIZ-CHIP-020", "counterparty": "Canyon Bridge Capital Partners (BIZ-INV-307)", "amount": 550000000, "amount_text": "550000000", "currency": "GBP", "valuation_reported": null, "summary": "China-backed private-equity firm completed purchase at 182p a share (agreed September 2017).", "sources_text": "https://canyonbridge.com/news-and-insights/canyon-bridge-capital-partners-completes-550m-acquisition-imagination-technologies-group/ — \"valuing Imagination at approximately £550 million\"; https://www.axios.com/2017/12/15/blocked-in-us-by-trump-private-equity-firm-turns-to-uk-1513305741 — \"Canyon Bridge is the China-backed private equity firm\"", "source_urls": [ "https://canyonbridge.com/news-and-insights/canyon-bridge-capital-partners-completes-550m-acquisition-imagination-technologies-group/", "https://www.axios.com/2017/12/15/blocked-in-us-by-trump-private-equity-firm-turns-to-uk-1513305741" ], "confidence": "verified", "ledger": "ledger2", "page": "chips", "render": true, "date_text": "2017-11-03", "date_sort": "2017-11-03", "before_ledger_start": false, "amount_gbp": 550000000, "fx_rate": 1.0, "fx_source": "as published (GBP)", "fx_note": "", "txt": "£550m", "gbp_txt": "£550m", "show": true }, { "id": "DEAL-PE-009", "date": "2017-11-03", "year": "2017", "kind": "delisting", "company_text": "Imagination Technologies (BIZ-CHIP-020)", "company_id": "BIZ-CHIP-020", "counterparty": "London Stock Exchange", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Shares delisted on completion of the Canyon Bridge purchase.", "sources_text": "https://canyonbridge.com/news-and-insights/canyon-bridge-capital-partners-completes-550m-acquisition-imagination-technologies-group/ — \"Imagination shares delisted from the London Stock Exchange at 8.00 am on 3 November 2017.\"", "source_urls": [ "https://canyonbridge.com/news-and-insights/canyon-bridge-capital-partners-completes-550m-acquisition-imagination-technologies-group/" ], "confidence": "single_source", "ledger": "ledger2", "page": "chips", "render": true, "date_text": "2017-11-03", "date_sort": "2017-11-03", "before_ledger_start": false, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true }, { "id": "DEAL-CHIP-7002", "date": null, "year": null, "kind": "partnership", "company_text": "Fractile", "company_id": "BIZ-CHIP-005", "counterparty": "Anthropic", "amount": null, "amount_text": null, "currency": null, "valuation_reported": null, "summary": "Commercial partnership with Anthropic, as written in the file (no date or terms given). (Chips file line 39; no source link given.)", "sources_text": "Alex's Chips file, line 39", "source_urls": [], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "undated in the file", "date_sort": "", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "", "gbp_txt": "", "show": true, "round7": true }, { "id": "DEAL-CHIP-7004", "date": null, "year": null, "kind": "funding_round", "company_text": "BIZ-CHIP-7080", "company_id": "BIZ-CHIP-7080", "counterparty": "Octopus Ventures (lead)", "amount": null, "amount_text": "£4M+", "currency": "GBP", "valuation_reported": null, "summary": "Seed round of £4M+ led by Octopus Ventures (file; no date given). (Chips file line 214; no source link given.)", "sources_text": "Alex's Chips file, line 214", "source_urls": [], "confidence": "single_source", "ledger": "page", "page": "chips", "render": true, "date_text": "undated in the file", "date_sort": "", "before_ledger_start": false, "week_ending": false, "trade": false, "round4": true, "amount_as_written": "£4M+", "amount_gbp": null, "fx_rate": null, "fx_source": null, "fx_note": "no amount published", "txt": "£4M+ GBP", "gbp_txt": "", "show": true, "round7": true } ] }