Deal29 October 2026· Start-ups
i23: funding round £4.9m — Seed for an AI-native insurance broker whose fundraising tech.eu attributes to former UK government minister Afolami.funding round · Four Cities Capital (joint lead); Outward VC; Seedcamp; Insiders Ventures
Deal29 October 2026· Start-ups
Digital Science: acquisition — UK research-data company Digital Science bought AI academic-writing platform Jenni AI; price undisclosed.acquisition · Jenni AI (target; location not stated)
News28 October 2026· Start-ups
Budget 2026: Sovereign AI, NHS AI and productivity review, fundingHTN (trade)
News27 October 2026· Labs
PhysicsX and Fortescue Expand Partnership to Accelerate Industrial Innovation with AIPhysicsX
News27 October 2026· Services and skills
EY delivers UK revenue growth while accelerating investments in people and technologyEY UK newsroom
News27 October 2026· Talent
Genie 4: A new generation of world simulation (byline Raia Hadsell, Diego Rivas, Hang Qi)Google DeepMind
Deal27 October 2026· Start-ups
Adsilico: funding round £10m — Series A for generative AI and physics simulation of virtual patients to test medical devices.funding round · PXN Ventures (lead); Northern Gritstone; Parkwalk
Deal27 October 2026·
Lette (new): funding round US$6.5m (≈ £4.9m) — Seed for AI agents that automate leasing, maintenance and compliance for rental operators.funding round · Peak (lead); Heliad; Foreword VC; Pitchdrive; Adeline; angels
Deal27 October 2026· Start-ups
Machenta: funding round US$40m (≈ £30m) — Seed for an AI model that teaches robots tasks from one demonstration, trained in simulation.funding round · Creandum; Union Square Ventures (co-leads)
Deal27 October 2026· Start-ups
Amplified Global: grant £50,000 — Award to develop a responsible, explainable AI tool for financial services.grant · Financial Regulation Innovation Lab (FinTech Scotland)
Deal27 October 2026· Start-ups
Verifoxx: grant £50,000 — Award to develop a responsible, explainable AI tool for financial services.grant · Financial Regulation Innovation Lab (FinTech Scotland)
Deal27 October 2026· Start-ups
Finspector: grant £50,000 — Award to develop a responsible, explainable AI tool for financial services.grant · Financial Regulation Innovation Lab (FinTech Scotland)
Deal27 October 2026· Investors
Machenta: funding round 40m USD — Machenta (AI model for robot learning) raised $40m (Seed), reported by tech.eu.funding round · Creandum, Union Square Ventures
Deal27 October 2026· Labs
PhysicsX: partnership — Fortescue partnership expanded For: Industrial AI.partnership · Fortescue
News26 October 2026· Established firms
Lloyds strengthens fraud support with agentic AILloyds Banking Group
Deal26 October 2026· Start-ups
Nous: funding round £13m — New capital for a household AI agent that switches providers and handles family admin.funding round · Heartcore Capital; Mosaic Ventures; Chalfen Ventures; Joyance Partners; Bain Future Back Ventures
Deal26 October 2026· Cloud and compute
SWI Compute: gpu purchase US$1bn (≈ £749.2m) — SWI Compute launched with about $1bn of NVIDIA systems on order and a 30 MW UK AI factory as its first site. Buys or funds: About $1bn of NVIDIA systems; UK first phase 30 MW, ~7,000 Rubin GPUs, online by end-2027. Other investors: Delta Computers (integrator).gpu purchase · NVIDIA (BIZ-BIG-014)
Deal24 October 2026· Labs
AI Biosecurity Lab (AIBL): grant 100,000,000 (government) + up to 200,000,000 (company commitments) GBP — Launch funding for non-profit AI biosecurity lab.grant · UK Government; OpenAI; Anthropic
Deal24 October 2026· Labs
Basecamp Research: partnership — Basecamp joins the AI Biosecurity Lab with Anthropic, OpenAI and DeepMind. For: Joining the UK AI Biosecurity Lab. Other investors: Anthropic; OpenAI; Google DeepMind.partnership · AI Biosecurity Lab (BIZ-LAB-2012)
News23 October 2026· Labs
Wayve, Stellantis, and NVIDIA Collaborate to Advance Safe and Responsible Autonomous Vehicle Deployment Across FranceWayve
Deal23 October 2026· Labs
Wayve: partnership — Wayve, Stellantis and NVIDIA collaborate on AV deployment in France For: Autonomous vehicle deployment in France. Other investors: French Government (involved).partnership · Stellantis; NVIDIA
News22 October 2026· Start-ups
Quantexa selected by the Insolvency Service to build a sovereign data and AI foundation to fight economic crimeQuantexa
News22 October 2026· Start-ups
iProov launches human authorisation service for AI agent gatewaysiProov
Deal22 October 2026· Start-ups
Quantexa: major contract — Selected to build a data and AI foundation against economic crime; value not given on the listingmajor contract · Insolvency Service
Deal22 October 2026· Labs
Synthesia: partnership — Synthesia and recruiter Hays partnered on avatar roleplay training. For: Roleplay Sessions for skills development.partnership · Hays
Deal22 October 2026· Labs
Synthesia: partnership — Recruiter Hays partners with Synthesia For: Avatar roleplay sessions for skills development.partnership · Hays
News21 October 2026· Data centres
Microsoft exits UK AI data center project over electricity delaysNetwork World
News21 October 2026· Labs
PhysicsX and GB1 Unveil New AI-Powered Approach to America's Cup Yacht Design at NVIDIA GTC BerlinPhysicsX
Deal21 October 2026· Start-ups
Opply: funding round US$7.5m (≈ £5.6m) — Round to expand an agentic AI platform for consumer goods brands.funding round · not named
Deal21 October 2026· Software and tools
Lifebit: partnership — Abu Dhabi's health department launched a trusted research environment with Lifebit, M42 and Microsoft. Buys or funds: Trusted research environment in Abu Dhabi. Other investors: M42; Microsoft.partnership · Abu Dhabi Department of Health
Deal21 October 2026· Labs
Boltz: partnership — Boltz signs an agreement with Bristol Myers Squibb; terms not disclosed. For: Boltz platform access and co-developed custom models on BMS data.partnership · Bristol Myers Squibb
News20 October 2026· Established firms
AstraZeneca and Oracle launch global AI collaboration to advance clinical trial optimisationAstraZeneca
News20 October 2026· Labs
Former Google DeepMind top researcher launches London "compute-efficient" AI company (Metis Reasoning)tech.eu (trade)
News20 October 2026· Start-ups
Barts Health and Guy's and St Thomas' funding for AI digital twins of human tissue (PharosAI; Innovate UK grant)HTN (trade)
News20 October 2026· Talent
Former Google DeepMind researcher Thore Graepel launches Metis Reasoning in Londontech.eu (trade)
Deal20 October 2026· Established firms
AstraZeneca and Oracle global AI collaboration: major contract — Non-binding term sheet for global AI collaboration on clinical trialsmajor contract · Oracle Health and Life Sciences
Deal19 October 2026· Safety
Harmonic Security: funding round US$50m (≈ £37.5m) — Series B for tools to secure employees' use of AI (tech.eu recap, week to 19 October 2026).funding round · not named
Deal19 October 2026· Start-ups
Obsero: funding round €1m (≈ £842,318) — Funding to help brands improve visibility in AI-powered search (tech.eu recap, week to 19 October 2026).funding round · not named
Deal19 October 2026· Services and skills
TechLocal: grant not stated per project (competition up to 7,600,000; 100,000–225,000 per project) GBP — Grants to 39 local partnerships connecting local talent to tech jobs; 32 projects name AI.grant · 39 grant recipients (see AI talent projects sub-page)
News18 October 2026· Data centres
Microsoft pulls out of UK data centre project (Reuters, citing the Telegraph)BusinessDay / Reuters
Deal18 October 2026· Data centres
Nscale AI Campus, Loughton: major contract — Microsoft reported to have ended its Loughton agreement; grid power not expected until the 2030s.major contract · Microsoft
News15 October 2026· Established firms
AstraZeneca announces new strategic collaboration with insitroAstraZeneca
News15 October 2026· Labs
Nvidia bets on five UK startups (Hiverge, Prima Mente and others)tech.eu (trade)
News15 October 2026· Software and tools
AI: Europe's 10 most-funded companies in H1 2026 (Encord listed at €50M)tech.eu
Deal15 October 2026· Established firms
AstraZeneca and insitro AI collaboration: major contract US$40m (≈ £30.2m) — AI drug discovery and licensing deal; upfront, plus up to about US$1.46bn milestonesmajor contract · insitro
Deal15 October 2026· Labs
DaltonTx: grant — Gates Foundation grant for AI tuberculosis drug discovery. For: Large-scale computational screening for tuberculosis drug discovery; open models via the Ersilia Model Hub. Other investors: Ersilia (partner).grant · Gates Foundation
News14 October 2026· Chips and hardware
Salience Labs secures $125M to scale photonic chips for AI data centrestech.eu (trade)
News14 October 2026· Chips and hardware
Salience Labs raises $125M for optical AI switches, then expands in CaliforniaTNW
News14 October 2026· Cloud and compute
Starling becomes first bank to train AI model on UK sovereign cloudCivo newsroom
News14 October 2026· Talent
Salience Labs (CEO Vaysh Kewada) raises funding for photonic chipstech.eu (trade)
Deal14 October 2026· Chips and hardware
Salience Labs: funding round US$125m (≈ £95m) — Oversubscribed Series B with AMD Ventures, Intel Capital, SBI Group, Hudson River Trading and British Business Bank.funding round · Bullhound Capital (lead)
Deal14 October 2026· Start-ups
Affinity Labs: funding round US$2m (≈ £1.5m) — Pre-seed (including a £498k Innovate UK grant) to build AI-powered software brands with creators.funding round · Fuel Ventures (lead, per BusinessCloud); Antler; Innovate UK grant; angels
Deal14 October 2026·
Alchera Technologies (new): funding round £2.7m — Seed to scale AI for transport networks.funding round · Maven Capital Partners (South West Investment Fund); Bayes Entrepreneurship Fund; The FSE Group; Innovate UK; Cambridge Applied Research
Deal14 October 2026· Investors
Augur: funding round not disclosed — UK Sovereign AI Fund invested in Augur, which says its AI turns sensor networks into a real-time intelligence layer; amount not disclosed.funding round · Sovereign AI Fund
Deal14 October 2026· Cloud and compute
Civo: capacity contract not disclosed — Civo says Starling is the first bank to train an AI model on UK sovereign cloud. Buys or funds: Training an AI model on Civo's UK sovereign cloud (details not read; article page blocked). (Company headline only.)capacity contract · Starling (bank)
Deal14 October 2026· Cloud and compute
Civo: capacity contract — Civo said Starling became the first bank to train an AI model on a UK sovereign cloud. Buys or funds: AI model training on Civo's UK sovereign cloud (headline only; detail page could not be opened). (Company headline only.)capacity contract · Starling (bank)
Deal14 October 2026· Labs
Google DeepMind: partnership — Google DeepMind and Singapore's government are building a fine-tuned scam-detection model. For: A fine-tuned on-device AI model for scam detection.partnership · Government of Singapore (MDDI, per post address)
News13 October 2026· Investors
NVIDIA announces planned investments in UK companies including Hiverge, Prima Mente and RiverlaneNVIDIA blog
News13 October 2026· Services and skills
Accenture Acquires Sagacity Solutions to Scale AI-Driven Customer Intelligence Across Accenture Song's UK & Ireland OperationsAccenture newsroom
Deal13 October 2026· Labs
Hiverge: investment pledge — NVIDIA planned investment, amount not disclosedinvestment pledge · NVIDIA
Deal13 October 2026· Labs
Prima Mente: investment pledge — NVIDIA planned investment, amount not disclosedinvestment pledge · NVIDIA
Deal13 October 2026· Services and skills
Sagacity Solutions (acquired by Accenture): acquisition — Accenture bought the London customer-data and AI firm; 140+ staffacquisition · Accenture (Accenture Song)
Deal13 October 2026· Start-ups
Sainaptic: funding round £1m — Funding to expand AI-assisted marking technology.funding round · not named
Deal13 October 2026· Labs
Boltz: funding round — NVIDIA takes a minority stake in London biomolecular-model start-up.funding round · NVIDIA
Deal13 October 2026· Labs
Hiverge: funding round — NVIDIA invests in Cambridge algorithm-discovery start-up.funding round · NVIDIA
Deal13 October 2026· Labs
Prima Mente: funding round — NVIDIA invests in London biology foundation-model start-up.funding round · NVIDIA
Deal13 October 2026· Labs
Locai Labs: partnership — Locai Labs released a UK synthetic-persona dataset under NVIDIA's Nemotron banner. For: Nemotron-Personas-UK: open dataset of one million synthetic UK personas.partnership · NVIDIA
Deal13 October 2026· Labs
Locai Labs: partnership — Locai Labs releases Nemotron-Personas-UK, one million synthetic UK personas, announced in NVIDIA's UK post. For: Nemotron-Personas-UK open dataset.partnership · NVIDIA
Deal12 October 2026· Safety
Scarlet: funding round US$50m (≈ £37.8m) — Series B to speed up certification of AI medical devices.funding round · not named
Deal12 October 2026· Cloud and compute
StackHPC: partnership not disclosed — StackHPC built the University of Sussex's Artemis platform. Buys or funds: Artemis research computing platform on OpenStack and Kubernetes.partnership · University of Sussex
News9 October 2026· Cloud and compute
Certificate of re-registration from Private to Public Limited Company (Nscale plc)Companies House
News9 October 2026· Labs
Stellantis and Wayve Demonstrate How AI Can Scale Across Vehicle PlatformsWayve
Deal9 October 2026· Data centres
Nscale: rename — Nscale re-registers from private limited company to plc (same event as DEAL-DC-017).rename
Deal9 October 2026· Data centres
Nscale: rename — Nscale re-registered from private limited company to plc.rename
Deal9 October 2026· Data centres
Nscale: rename — Nscale's company (CH 16925886) re-registered from a private company to a public limited company, Nscale plc.rename
News8 October 2026· Labs
PhysicsX Launches Asia-Pacific Hub in Singapore to Scale AI-Powered Industrial Engineering Across the RegionPhysicsX
News8 October 2026· Networks and media
State of AI Report 2026 publishedState of AI (Air Street Capital)
Deal8 October 2026· Labs
PhysicsX: partnership 40,000,000 (joint commitment) SGD — PhysicsX opens Singapore hub with S$40m A*STAR partnership For: Five-year partnership; Singapore Asia-Pacific hub. Other investors: Seatrium (customer); Singapore EDB.partnership · A*STAR
News7 October 2026· Cloud and compute
Behavox signs $8 million GPU commitment with Civo for sovereign UK AI processingCivo newsroom
News7 October 2026· Start-ups
Health Tech Awards 2026: Meet the winners! (Proximie, Innovation of the year; NHS North East London ICB, UCLPartners and Health Navigator, Partnership of the year)HTN (trade)
Deal7 October 2026· Cloud and compute
Behavox–Civo GPU commitment: major contract US$8m (≈ £6.1m) — Behavox commits $8m to dedicated UK GPU capacity at Civo.major contract · Behavox
Deal7 October 2026·
PlannerPal (new): funding round US$6m (≈ £4.5m) — AI platform for UK financial advisers raises US$6m (£4.3m).funding round · Mercia Ventures (BIZ-INV-205) (lead); Ada Ventures
Deal7 October 2026· Labs
Isomorphic Labs: partnership — Isomorphic becomes a founding member of the Virtual Biology Initiative. For: Shared data, compute and measurement to build foundational data for biology AI models.partnership · Biohub (Virtual Biology Initiative convenor)
Deal7 October 2026· Labs
DaltonTx: partnership — DaltonTx works with Oxford on antibody structure analysis for its Dalton engine. For: antibody structure prediction and repertoire analysis.partnership · University of Oxford
News6 October 2026· Start-ups
Government accepts National Commission into the Regulation of AI in Healthcare 44 recommendations (headline only; article not opened)HTN (trade)
Deal5 October 2026· Start-ups
Revnu: funding round €2.6m (≈ £2.2m) — Round to build team and grow internationally, for AI sales software (tech.eu recap, week to 5 October 2026).funding round · not named
Deal5 October 2026·
Zenithon (new): funding round US$10m (≈ £7.6m) — Funding to build world models for extreme physics (tech.eu recap, week to 5 October 2026).funding round · not named
Deal2 October 2026· Start-ups
StudyStash: acquisition — Kortext bought the AI study platform that turns course content into flashcards and tests; price undisclosed.acquisition · Kortext
News1 October 2026· Established firms
'AI from BT' launched to help UK firms adopt AI with confidenceBT Group
News1 October 2026· Labs
Dael Williamson Joins PhysicsX as Chief Technology and Platform OfficerPhysicsX
DealOctober 2026· Chips and hardware
Fractile: funding round £577.4m — 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.)funding round
DealOctober 2026· Labs
Ineffable Intelligence: partnership — Ineffable named Google Cloud its preferred cloud partner. For: Google Cloud as preferred cloud partner (compute).partnership · Google Cloud
News30 September 2026· Cloud and compute
Amazon Bedrock expands Claude models in-region support in the UK (London)AWS
News30 September 2026· Safety
Apollo Research CEO Marius Hobbhahn testifies before the U.S. Senate on AI schemingApollo Research
News30 September 2026· Software and tools
Humanloop Ltd files accounts to 31 December 2025Companies House
News30 September 2026· Talent
Gemini 4 Argon: our next era of frontier intelligence (byline Koray Kavukcuoglu)Google
Deal30 September 2026· Labs
ElevenLabs: funding round US$300m (≈ £225.8m) — ElevenLabs closed a $300m employee tender offer (existing shares sold; no new money to the company) valuing it at $22bn.funding round · Wellington, T. Rowe Price (co-leads)
Deal30 September 2026· Labs
ElevenLabs: funding round US$300m (≈ £225.8m) — Employee tender offer (secondary sale, not new capital)funding round · Wellington and T. Rowe Price
Deal30 September 2026· Start-ups
Whitespace: investment pledge £240,000 — Invest NI offer towards 40 new Belfast jobs over three yearsinvestment pledge · Invest NI
News29 September 2026· Chips and hardware
UK launches expanded Semiconductor Catapult targeting AI hardware and defenceUKTN (trade)
News29 September 2026· Established firms
Aviva extends 10 year partnership with Founders FactoryAviva
News29 September 2026· Software and tools
Mindtech Global Limited: administrator's progress reportCompanies House
News29 September 2026· Talent
Aviva extends ten-year partnership with Founders Factory to build AI-using start-upsAviva
Deal29 September 2026· Chips and hardware
Semiconductor Catapult: rename — Compound Semiconductor Applications Catapult relaunched as the Semiconductor Catapult with an AI hardware remit.rename
Deal29 September 2026· Established firms
Aviva and Founders Factory AI venture partnership: investment pledge — Three-year extension to build AI-using start-ups; amount not disclosedinvestment pledge · Founders Factory
Deal29 September 2026· Chips and hardware
Semiconductor Catapult: rename — Compound Semiconductor Applications Catapult relaunched as Semiconductor Catapult with AI hardware remit.rename
Deal29 September 2026· Software and tools
PEAK:AIO: acquisition — PEAK:AIO agreed to be acquired by NetApp, subject to regulatory approvals. Buys or funds: AI storage software joins NetApp. Other investors: Seller-side investor: Pembroke VCT.acquisition · NetApp
Deal28 September 2026·
Sprive (new): funding round US$10m (≈ £7.5m) — Funding for an AI-driven app that turns cashback into mortgage overpayments (tech.eu recap, week to 28 September 2026).funding round · not named
Deal23 September 2026· Labs
Basecamp Research: funding round US$140m (≈ £105.5m) — Series Cfunding round · S32
Deal23 September 2026· Start-ups
Cascader: funding round — Seed round completed; amount and investors not disclosed.funding round
Deal22 September 2026· Labs
Wayve: major contract — Agreement to bring the Wayve AI Driver to future Mercedes-Benz vehiclesmajor contract · Mercedes-Benz
Deal21 September 2026· Software and tools
Expanse: funding round €4.5m (≈ £3.9m) — Funding for a predictive AI infrastructure platform (tech.eu recap, week to 21 September 2026).funding round · not named
Deal21 September 2026· Start-ups
Resolutiion: funding round US$10.4m (≈ £7.8m) — Funding for an AI operating system for live enterprise conflict management (tech.eu recap, week to 21 September 2026).funding round · not named
Deal21 September 2026· Start-ups
Big Picture Bio: funding round €2.5m (≈ £2.2m) — Emerged from stealth with funding for AI-designed cancer drug combinations (tech.eu recap, week to 21 September 2026).funding round · not named
Deal21 September 2026· Cloud and compute
Fluidstack: site opening 4000000000 (first phase) USD — Fluidstack began building a $4bn, 1.5GW first phase in the Rio Grande Valley. Buys or funds: Construction start at Cameron County, Texas: up to 1.5GW first phase; more than 2,500 construction jobs.site opening
Deal18 September 2026· Data centres
Nscale: listing — Nscale files Form S-1 for a proposed IPO, to list on the NYSE as NSCL; not yet effective or priced.listing · US SEC / NYSE
Deal18 September 2026· Data centres
Nscale: listing — Nscale filed a registration statement on Form S-1 with the US SEC for a proposed initial public offering, as announced by its lead investor Aker ASA. Exchange, ticker and offering size not stated; Bloomberg-derived reports of a $3bn target were not confirmed.listing
Deal18 September 2026· Labs
Mantic: funding round US$25m (≈ £18.7m) — London forecasting lab Mantic raised a $25m seed after its Metaculus Cup result. For: Seed; AI forecasting system. Other investors: M12 (Microsoft), Thinking Machines Lab, Balderton Capital, others. Valuation reported: undisclosed.funding round · Radical Ventures
Deal17 September 2026· Start-ups
Magentic: funding round US$18m (≈ £13.5m) — Funding to automate industrial operations with AI agents (tech.eu recap, week to 21 September 2026).funding round · not named
Deal17 September 2026· Software and tools
Lifebit: government contract — Lifebit won a three-year contract to run the NIHR BioResource research environment. Buys or funds: Three-year federated TRE inside NIHR BioResource AWS tenancy.government contract · University of Cambridge on behalf of NIHR BioResource
Deal16 September 2026· Labs
Chemify: grant £22m reported — Chemify receives £22m in grants from Scottish Enterprise and the UK Government For: Grants; Chemify calls itself the first "chemistry hyperscaler".grant · Scottish Enterprise and UK Government
Deal15 September 2026· Start-ups
Magnitude Biosciences: funding round £1.3m — Round with Maven-managed regional funds and angels.funding round · Northstar Ventures
Deal15 September 2026·
AcademyAI (new): funding round £1.6m — Funding to close the workplace AI skills gap (tech.eu recap, week to 21 September 2026).funding round · not named
Deal15 September 2026· Cloud and compute
Nscale: debt financing 2100000000 + 1000000000 USD — Subscription agreement under which NVIDIA takes up to $3.1bn of Nscale convertible notes or shares. Buys or funds: $2.1bn of unsecured convertible loan notes, plus $1.0bn of unsecured convertible loan notes or non-voting shares.debt financing · NVIDIA
Deal14 September 2026· Start-ups
Bolter: funding round US$10m (≈ £7.4m) — Funding for an AI-powered business messaging app (tech.eu recap, week to 14 September 2026).funding round · Improbable (venture builder) among backers
Deal14 September 2026· Start-ups
CloudNC: funding round US$20m (≈ £14.8m) — Funding to expand AI software for precision manufacturing (tech.eu recap, week to 14 September 2026).funding round · not named
Deal14 September 2026· Start-ups
Anemo Labs: funding round £700,000 — Funding to give AI a sense of smell (tech.eu recap, week to 14 September 2026).funding round · not named
Deal14 September 2026· Labs
Boltz: partnership — dsm-firmenich partners with Boltz on ingredient discovery. For: AI for ingredient discovery.partnership · dsm-firmenich
Deal14 September 2026· Labs
UK Atomic Energy Authority (UKAEA) fusion AI and computing programme: partnership — UKAEA and PPPL signed a declaration of intent at the Global Fusion Policy Summit in London, building on a June MoU. For: Linking the SUNRISE and STELLAR-AI supercomputers to train the same AI models on MAST Upgrade and NSTX-U data; long-term shared spherical-tokamak foundation model.partnership · Princeton Plasma Physics Laboratory (US Department of Energy)
Deal10 September 2026· Labs
ElevenLabs: licensing not disclosed — ElevenLabs signed a multi-year licensing agreement with Universal Music Group. For: Multi-year licensing agreement and strategic collaboration, including a fan platform.licensing · Universal Music Group
Deal10 September 2026· Labs
ElevenLabs: partnership — UMG and ElevenLabs sign multi-year agreement For: Multi-year strategic agreement.partnership · Universal Music Group
Deal8 September 2026· Software and tools
Canonical (AI and MLOps products): partnership — Canonical and Qualcomm certified Ubuntu on an edge AI evaluation kit. Buys or funds: Certified Ubuntu 24.04 LTS images on Qualcomm Dragonwing IQ-8275 edge AI kit.partnership · Qualcomm
Deal4 September 2026· Software and tools
AI Score: funding round US$5.4m (≈ £4m) — Seed.funding round · Fuel Ventures
Deal4 September 2026· Start-ups
Dexter AI: spin out — Launched as a University of Birmingham spin-out.spin out · University of Birmingham
Deal4 September 2026· Investors
AI Score: funding round 5.4m USD — AI Score (AI governance platform) raised $5.4m (Seed), reported by tech.eu.funding round · Fuel Ventures, GALLOS Technologies
Deal3 September 2026· Chips and hardware
IQE: major contract — Purchase agreement for quantum-dot laser epiwafers for AI optical interconnects.major contract · Quintessent
Deal2 September 2026· Software and tools
Conveo: funding round US$50m (≈ £37m) — YC page lists the headline "Conveo raises $50M Series A".funding round · not named
Deal1 September 2026· Data centres
Pulsant: investment pledge £1m — Upgrades and refurbishment at the Birmingham data centre for AI inference demand.investment pledge
Deal1 September 2026· Software and tools
Lifebit: partnership — Boehringer Ingelheim renewed its Lifebit agreement for three years after more than four years of work. Buys or funds: Three-year renewal; federated trusted research environment.partnership · Boehringer Ingelheim
DealSeptember 2026· Chips and hardware
SCI Semiconductor: funding round £5m — Raised £5M in September 2026 (file). (Chips file line 62; no source link given.)funding round
Deal28 August 2026· Software and tools
Smart Data Foundry: collapse — Company entered administrationcollapse · Administrators: Michelle Marie Elliot; Callum Angus Carmichael
Deal25 August 2026· Labs
Stability AI: funding round US$76m (≈ £55.7m) — Series B; total funding US$232mfunding round · Electronic Arts, Sony Music Group, Universal Music Group, Warner Music Group
Deal25 August 2026· Start-ups
Embedd: funding round US$2.7m (≈ £2m) — Pre-seedfunding round · Seedcamp
Deal25 August 2026· Start-ups
Itoflow: funding round 2,500,000 (£1.8m) USD — Pre-seed round.funding round · Balderton Capital (with angels including Barney Hussey-Yeo)
Deal25 August 2026· Cloud and compute
Nscale: capacity contract up to 44600000000 USD — Anthropic services agreements dated 25 August 2026 provide for payments to Nscale of up to about $44.6bn. Buys or funds: GPU compute services; the S-1 says Nscale expects to fund the deployment these agreements need.capacity contract · Anthropic
Deal25 August 2026· Software and tools
Canonical (AI and MLOps products): partnership — Canonical's Ubuntu ships pre-installed on Arduino's VENTUNO Q board (London dateline). Buys or funds: Arduino VENTUNO Q edge AI and robotics board with Ubuntu pre-installed.partnership · Arduino (Qualcomm subsidiary)
Deal24 August 2026· Cloud and compute
Nscale: capacity contract — GPU Services Agreement with Figure; the S-1 also says Nscale is making a strategic investment in Figure. Buys or funds: Up to 100,000 NVIDIA Vera Rubin GPUs.capacity contract · Figure (Figure AI)
Deal24 August 2026· Labs
TR Labs Foundational Research, London hub (Thomson Reuters): partnership — TR names DatologyAI, Lambda, Together AI and Imperial as partners on its Thomson model. For: Partners named in building the Thomson LLM. Other investors: Imperial College London; Frontier AI Research Lab (BIZ-LAB-6003).partnership · DatologyAI; Lambda; Together AI
Deal21 August 2026· Chips and hardware
HexSeed Technology: funding round £600,000 — Early-stage round with Net Zero Technology Centre and Ventofunding round · Carbon13
Deal21 August 2026· Services and skills
Advancing Analytics: funding round — First Databricks Ventures investment in a UK consulting firm; amount undisclosedfunding round · Databricks Ventures; Tercera
Deal21 August 2026· Software and tools
Callosum: funding round £73.5m — Seed roundfunding round · Atomico; Plural; DCVC; UK Sovereign AI Fund
Deal21 August 2026· Chips and hardware
HexSeed Technology: funding round £600,000 — Early-stage funding (more than £600,000) for diamond coatings to cool GaN chips in AI data centres.funding round · Carbon13 (lead)
Deal21 August 2026· Investors
Callosum: funding round 73.5m GBP — Callosum (AI computing systems software) raised £73.5m (Seed), reported by UKTN weekly roundup.funding round · Atomico, Plural, DCVC, UK Sovereign AI Fund
Deal21 August 2026· Investors
Medly AI: funding round 5.9m GBP — Medly AI (AI tutoring platform) raised £5.9m (Seed), reported by UKTN weekly roundup.funding round · Felix Capital, Eka Ventures, Ada Ventures
Deal21 August 2026· Investors
Versatile RobotX: funding round 1m GBP — Versatile RobotX (AI-driven harvesting robots) raised £1m (Seed), reported by UKTN weekly roundup.funding round · British Design Fund, Innovate UK, Defra Farming Innovation Programme
Deal20 August 2026· Software and tools
Callosum: funding round US$100m (≈ £73.4m) — 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.funding round · Atomico
Deal20 August 2026· Software and tools
Callosum: funding round US$100m (≈ £73.4m) — US$100m seed; the Sovereign AI Fund's first investmentfunding round · Atomico (BIZ-INV-011) lead; Plural, DCVC, UK Sovereign AI Fund
Deal20 August 2026· Chips and hardware
Callosum: funding round £73.5m — Seed round; Callosum was the first Sovereign AI Fund investee.funding round · Atomico, Plural, DCVC, UK Sovereign AI Fund
Deal20 August 2026· Labs
Five AI: grant not stated (programme backed by up to £150m to 2030) GBP reported — Bosch's Five AI wins CAM Pathfinder funding for its AV simulation tool. For: Five AI's simulation tool for testing autonomous vehicles.grant · UK Government CAM Pathfinder programme (delivered with Zenzic and Innovate UK)
Deal19 August 2026· Chips and hardware
Singular Photonics: funding round US$2.1m (≈ £1.6m) — Seed roundfunding round · ACF Investors
Deal19 August 2026· Start-ups
Medly AI: funding round £5.9m — Seed with Eka Ventures and Ada Venturesfunding round · Felix Capital
Deal19 August 2026· Software and tools
Prevalent AI: funding round US$22m (≈ £16.2m) — Growth investment to scale an enterprise AI platform (tech.eu recap, week to 24 August 2026).funding round · not named
Deal19 August 2026· Chips and hardware
Singular Photonics: funding round £1.6m — Round for Edinburgh SPAD image-sensor maker ($2.15m).funding round · ACF Investors (lead)
Deal19 August 2026· Labs
Basecamp Research: partnership — Microsoft customer story on Basecamp training on Azure (headline only). For: Training EDEN models on Microsoft Azure.partnership · Microsoft (Azure)
Deal18 August 2026· Data centres
DataVita: funding round £300m — Debt facility of about £300m, unlocked by a £202m NWF guarantee, to expand DV1 and build DV3.funding round · National Wealth Fund (guarantee); ING, ABN AMRO, Santander, Scottish National Investment Bank, Siemens Financial Services
Deal18 August 2026· Data centres
DataVita: major contract £202m — NWF guarantee of £202m on DataVita's data-centre debt; NWF's first support for domestic computemajor contract · National Wealth Fund (guarantee); ING, ABN AMRO, Santander, Scottish National Investment Bank, Siemens Financial Services
Deal18 August 2026· Data centres
DataVita: funding round £300m — Debt package to expand DV1 and build a second data centre in the Lanarkshire AI Growth Zone; NWF guarantees £202m.funding round · National Wealth Fund (guarantee); ING, ABN AMRO, Santander (lenders)
Deal17 August 2026· Start-ups
Versatile RobotX: funding round £1m — Equity and grants, "over £1m"funding round · British Design Fund; Innovate UK; Defra
Deal17 August 2026· Start-ups
SpaceAM: funding round — Seed, amount not disclosedfunding round · Foresight Group
Deal17 August 2026· Start-ups
SpaceAM: funding round not disclosed — Seed round for autonomous sensing systems start-up.funding round · Foresight Group (plus government-backed defence innovation funding)
Deal17 August 2026· Chips and hardware
Versatile RobotX: funding round £1m — Seed round for AI-driven crop-harvesting robots.funding round · British Design Fund, Innovate UK, Defra Farming Innovation Programme
Deal14 August 2026· Investors
Mindgard: funding round 22m GBP — Mindgard (security testing for enterprise AI models) raised £22m (Series A), reported by UKTN weekly roundup.funding round · Album VC, Karma Ventures, .406 Ventures, Atlantic Bridge and others
Deal14 August 2026· Investors
Edgify: funding round 6.7m GBP — Edgify (edge AI infrastructure) raised £6.7m (Series A+), reported by UKTN weekly roundup.funding round · Rank Ventures, Mangrove Capital Partners
Deal14 August 2026· Investors
MatAlytics: grant £619,000 — MatAlytics (physics-informed AI software) raised £619,000 (Grant), reported by UKTN weekly roundup.grant · Innovate UK
Deal14 August 2026· Labs
Cosine: partnership — Cosine paired its cyber-security model with Mimic's platform. For: Cosine's Lumen Outpost model (autonomous red team) combined with Mimic's kernel-level enforcement for automated virtual patching, run on-premise.partnership · Mimic
Deal13 August 2026· Data centres
Vantage Cardiff (CWL1) campus, Newport: major contract — Nebius to lease AI capacity at Vantage's Newport campus; first commercial commitment in the South Wales AIGZ.major contract · Nebius
Deal13 August 2026· Safety
Mindgard: funding round US$30m (≈ £22.2m) — Series A (£22.2m) with Karma Ventures, .406 Ventures, Atlantic Bridge, IQ Capital, Lakestarfunding round · Album VC
Deal13 August 2026· Start-ups
MatAlytics: funding round £619,000 — Innovate UK grant for physics AI software (CITRUS) for steel makers.funding round · Innovate UK (grant)
Deal12 August 2026· Safety
Cytix: funding round US$7m (≈ £5.2m) — Series A (£5.1m)funding round · Northern Gritstone
Deal11 August 2026· Start-ups
Edgify: funding round US$9m (≈ £6.7m) — Series A+ (total raised US$25m)funding round · Rank Ventures and Mangrove Capital Partners
Deal11 August 2026· Start-ups
Model ML: funding round — Undisclosed venture investment in vertical AI software for financial services.funding round · HSBC Asset Management
Deal11 August 2026· Software and tools
TurinTech: partnership — TurinTech headline: "NVIDIA Merged Our Artemis-Discovered Optimization in TensorRT-LLM" (article itself could not be opened). Buys or funds: Artemis-found optimisation merged into NVIDIA TensorRT-LLM.partnership · NVIDIA
Deal11 August 2026· Labs
Locai Labs: government contract — The government's Incubator for AI is trialling Locai 1. For: Trial of the Locai 1 on-prem AI appliance (trial, terms not published).government contract · Incubator for AI (i.AI), UK government
Deal11 August 2026· Labs
Intellegens: grant not stated reported — Intellegens wins an Innovate UK Frontier AI grant to combine AI with physics simulation for materials For: "Adaptive World Models for Experimental Design" project (~6 months) with an unnamed manufacturer.grant · Innovate UK (Frontier AI grants)
Deal10 August 2026·
Reimagine Robotics (new): funding round — Pre-seed for a UK robotics company; amount undisclosed (tech.eu recap, week to 10 August 2026).funding round · not named
Deal7 August 2026· Investors
OLIX (formerly Flux Corp): funding round 231.8m GBP — OLIX (AI inference chips) raised £231.8m (Series B), reported by UKTN weekly roundup.funding round · Fundomo, Arm, Hudson River Trading, Hummingbird Ventures and others
Deal7 August 2026· Investors
Wordsmith AI: funding round 10m GBP — Wordsmith AI (AI platform for in-house legal teams) raised £10m (Series B extension), reported by UKTN weekly roundup.funding round · Intact Private Capital, FT Ventures, Highland Europe, Index Ventures
Deal6 August 2026· Start-ups
Wordsmith: funding round US$14m (≈ £10.4m) — Series B extensionfunding round · Intact Private Capital; FT Ventures
Deal5 August 2026· Software and tools
Volta: major contract US$10bn (≈ £7.42bn) — Emerged from stealth with AI factory partnership; seed and Series A valued it at US$2.4bnmajor contract · Unnamed AI lab (with Bitdeer, Norway)
Deal4 August 2026· Start-ups
Satalia: wind down — UK company Satalia Limited (12303234) dissolvedwind down
Deal3 August 2026· Chips and hardware
OLIX (formerly Flux Corp): funding round US$312m (≈ £232.2m) — Series B for decode-accelerator chips and optical networking.funding round · Fundomo, Arm, Hudson River Trading and others
Deal3 August 2026· Chips and hardware
OLIX (formerly Flux Corp): funding round US$312m (≈ £232.2m) — 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.funding round · null (no lead named; participants include Fundomo, Arm, Hudson River Trading)
Deal3 August 2026· Software and tools
inforcer: funding round US$50m (≈ £37.2m) — Series C to scale an AI security platform for managed service providers (tech.eu recap, week to 3 August 2026).funding round · not named
Deal3 August 2026· Start-ups
Greyparrot: funding round US$27m (≈ £20.1m) — Series B to scale AI waste intelligence for recycling (tech.eu recap, week to 3 August 2026).funding round · not named
Deal3 August 2026· Software and tools
Perceptron: funding round US$6.5m (≈ £4.8m) — Funding to build a decentralised AI data network (tech.eu recap, week to 3 August 2026).funding round · not named
Deal3 August 2026· Start-ups
Perceptual Robotics: funding round £4m — Funding (over £4M) to scale AI-powered wind turbine inspections (tech.eu recap, week to 3 August 2026).funding round · not named
Deal3 August 2026· Labs
Oxa: partnership — Oxa and Dubai Future Foundation form autonomous-logistics joint venture SHIFFT. For: Joint venture SHIFFT to deploy autonomous vehicles in ports and airports; first scalable commercial deployment in Dubai planned before end of 2027.partnership · Dubai Future Foundation
Deal1 August 2026· Start-ups
Oshen: funding round €4.3m (≈ £3.7m) — Round for robot swarms that monitor the ocean (tech.eu recap, week to 24 August 2026).funding round · not named
DealAugust 2026· Big tech in the UK
Amazon Web Services (UK): site opening — Fourth Availability Zone added to the AWS Europe (London) Region, adding compute for AI training and inference. (Big tech file line 66; no source link given.)site opening
Deal31 July 2026· Start-ups
Intropy: funding round £8.2m — Seedfunding round · Felix Capital; Quiet Capital; General Catalyst; firstminute capital
Deal31 July 2026· Investors
Dwelly: funding round 128m GBP — Dwelly (AI-powered property management) raised £128m (Series B), reported by UKTN weekly roundup.funding round · EQT Growth, General Catalyst, s16vc, Begin Capital and others
Deal31 July 2026· Investors
Qureight: funding round 15m GBP — Qureight (3D deep learning platform) raised £15m (Series B), reported by UKTN weekly roundup.funding round · Molten Ventures, Hargreave Hale AIM VCT, XTX Ventures, Guinness Ventures and others
Deal31 July 2026· Investors
Intropy: funding round 8.17m GBP — Intropy (AI operating system for warehouses) raised £8.17m (Seed), reported by UKTN weekly roundup.funding round · Felix Capital, Quiet Capital, General Catalyst, firstminute capital
Deal30 July 2026· Start-ups
Kinematic Trees: funding round £585,000 — Pre-seedfunding round · Haatch; D2N2; British Business Bank Syndicate Fund
Deal30 July 2026· Start-ups
Agon: funding round 30,000,000 (£22.5m) USD — Seed round at launch for a defence AI training model.funding round · not stated
Deal30 July 2026· Chips and hardware
OLIX (formerly Flux Corp): funding round US$312m (≈ £232.4m) — Series B at $3.3bn valuation; Sovereign AI fund also invested.funding round · Fundomo, Arm, Hudson River Trading (new); Sovereign AI
Deal29 July 2026· Start-ups
Dwelly: funding round US$170m (≈ £127.9m) — Series B: US$95m equity plus US$75m debt facilityfunding round · EQT Growth (equity); Trinity Capital (debt)
Deal29 July 2026· Start-ups
Qureight: funding round US$20m (≈ £15.1m) — Series B for its AI clinical trial imaging platform.funding round · Molten Ventures
Deal28 July 2026· Start-ups
Plus Group: acquisition £16m — Tavistock agreed to buy 87.9% of a Liverpool maker of AI agents for financial advisers; up to £16m including deferred sums.acquisition · Tavistock Investments plc (87.9%)
Deal24 July 2026· Start-ups
TidalSense: funding round £14.2m — Round to sell its COPD breath test in Europe and the US (lead not stated).funding round · Cross-Border Impact Ventures; BGF; Airstream Capital; Foresight Group
Deal24 July 2026· Start-ups
Arrakis: funding round US$30m (≈ £22.5m) — Series A, emerging from stealthfunding round · Blossom Capital
Deal24 July 2026· Investors
CuspAI: funding round 334m GBP — CuspAI (AI materials discovery) raised £334m (Series B), reported by UKTN weekly roundup.funding round · Kleiner Perkins, NEA, Bezos Expeditions, Glade Brook Capital Partners and others
Deal24 July 2026· Investors
Humanoid: funding round 114m GBP — Humanoid (humanoid robots and physical AI) raised £114m (Series A), reported by UKTN weekly roundup.funding round · Prime Movers Lab, Schaeffler, Bosch, Fubon Financial Holding Venture Capital and others
Deal24 July 2026· Investors
Arrakis: funding round 22.5m GBP — Arrakis (AI agents for enterprise IT) raised £22.5m (Series A), reported by UKTN weekly roundup.funding round · Blossom Capital, Accel, GFC, MainObject and others
Deal24 July 2026· Investors
TidalSense: funding round 14.2m GBP — TidalSense (AI respiratory diagnostic device) raised £14.2m (Not stated), reported by UKTN weekly roundup.funding round · Cross-Border Impact Ventures, BGF, Airstream Capital, Foresight Group
Deal24 July 2026· Investors
Modo Energy: funding round 12.7m GBP — Modo Energy (AI valuation platform for battery storage) raised £12.7m (Not stated (debt)), reported by UKTN weekly roundup.funding round · CIBC Innovation Banking
Deal23 July 2026· Cloud and compute
Civo: partnership — Civo said it would be among the first to host NVIDIA's Vera Rubin systems in the UK. Buys or funds: Hosting NVIDIA Vera Rubin systems for UK sovereign infrastructure (headline only; detail page could not be opened).partnership · NVIDIA
Deal22 July 2026· Cloud and compute
Vodafone Business–Cosine sovereign frontier model memorandum: major contract — Memorandum of understanding on a UK sovereign frontier model to be trained on Isambard-AI.major contract · Cosine (BIZ-SW-014)
Deal22 July 2026· Start-ups
Humanoid: funding round US$152m (≈ £113.6m) — Series A with Schaeffler, Bosch, Fubon, Aglaéfunding round · Prime Movers Lab
Deal22 July 2026· Start-ups
Modo Energy: funding round US$17m (≈ £12.7m) — Growth fundingfunding round · CIBC Innovation Banking
Deal22 July 2026· Chips and hardware
Humanoid: funding round US$152m (≈ £113.6m) — Series A at $1.35bn valuation.funding round · Prime Movers Lab (lead); Schaeffler, Bosch, Fubon, Aglaé
Deal21 July 2026· Labs
Mach42 (formerly Machine Discovery): funding round US$9.5m reported (≈ £7.1m) — Mach42 raises $9.5m led by IP Group For: Agentic-ready analogue simulation. Other investors: BGF; Foresight Group (existing).funding round · IP Group
Deal20 July 2026· Labs
CuspAI: funding round US$450m (≈ £334.8m) — Series B; UK Sovereign AI Fund among new investorsfunding round · Kleiner Perkins and NEA
Deal20 July 2026· Labs
CuspAI: partnership — CuspAI launches the AI Materials Foundry with 45+ founding organisations. For: Network of data, labs and compute for designing new materials around CuspAI's MIRA platform. Other investors: Hitachi High-Tech; Samsung; Hyundai Motor Group; Merck; over 40 more.partnership · AI Materials Foundry founding members (NVIDIA; Meta FAIR)
Deal17 July 2026· Start-ups
Prolo: funding round £4.2m — Seedfunding round · Triple Point Ventures and others
Deal17 July 2026· Start-ups
Marker: funding round £9.7m — Seed round for AI-assisted word processor for authors.funding round · investors listed: Index Ventures, LocalGlobe, Betaworks, Radical Ventures, Tiny VC, Otherwise Fund, angels (lead not stated)
Deal17 July 2026· Investors
Applied Computing: funding round 14.8m GBP — Applied Computing (foundation AI model for energy operations) raised £14.8m (Not stated), reported by UKTN weekly roundup.funding round · KBR, Databricks Ventures
Deal17 July 2026· Investors
Marker: funding round 9.7m GBP — Marker (AI-assisted word processor) raised £9.7m (Seed), reported by UKTN weekly roundup.funding round · Index Ventures, LocalGlobe, Betaworks, Radical Ventures and others
Deal17 July 2026· Investors
Prolo: funding round 4.2m GBP — Prolo (AI procurement platform for construction) raised £4.2m (Seed), reported by UKTN weekly roundup.funding round · Triple Point Ventures, a16z Scout Fund, Anamcara Capital, Concrete VC and others
Deal17 July 2026· Investors
Cue: funding round 3.7m GBP — Cue (AI customer service agents) raised £3.7m (Not stated), reported by UKTN weekly roundup.funding round · Knife Capital, FAM Investments
Deal16 July 2026· Established firms
LSEG and Model ML data connector: major contract — LSEG data in Model ML via MCPmajor contract · Model ML
Deal16 July 2026· Labs
Applied Computing: funding round US$20m (≈ £14.8m) — Round led by KBR, with Databricks Ventures; stage not namedfunding round · KBR
Deal16 July 2026· Start-ups
Cue: funding round US$5m (≈ £3.7m) — Primary roundfunding round · Knife Capital and FAM Investments
Deal16 July 2026· Start-ups
Applied Computing: funding round US$20m (≈ £14.8m) — Round with Databricks Ventures; Houston officefunding round · KBR
Deal16 July 2026· Start-ups
BeCertain: funding round £1.7m — £1.7m pre-seed round for the King's and Surrey dental-imaging AI spin-out.funding round · SVV (Sure Valley Ventures)
Deal16 July 2026· Investors
Applied Computing: funding round 20m USD — same round as the UKTN row for Applied Computing (£14.8m); figures differ by currency. Applied Computing (foundation AI model for energy operations) raised $20m (Not stated), reported by tech.eu.funding round · KBR, Databricks Ventures
Deal16 July 2026· Labs
Applied Computing: partnership — KBR becomes lead investor and product partner for Applied Computing's Orbital model. For: Multi-year agreement to develop exclusive energy-sector AI products (alongside KBR's lead investment).partnership · KBR
Deal15 July 2026· Start-ups
Valarian: funding round US$50m (≈ £37.1m) — Series A for a control layer governing AI-driven systems for enterprise and defence.funding round · New Enterprise Associates (lead); Lightbank, XTX Ventures and others
Deal14 July 2026· Chips and hardware
IQE: major contract US$14m (≈ £10.4m) — Multi-year production order for AI and data-centre applications.major contract · Undisclosed strategic customer
Deal13 July 2026· Start-ups
Marker: funding round US$13m (≈ £9.7m) — Seedfunding round · Index Ventures
Deal13 July 2026· Start-ups
Gyre Energy: funding round US$1.3m (≈ £971,672) — Round to cut industrial cooling costs with AI and thermal storage (week to 13 July 2026).funding round · not named
Deal10 July 2026· Investors
Fleek: funding round 18.7m GBP — Fleek (AI sorting of second-hand clothing) raised £18.7m (Series B), reported by UKTN weekly roundup.funding round · Burda Principal Investments, eBay, FJ Labs, H14 and others
Deal10 July 2026· Investors
Dogtooth Technologies: funding round 14m GBP — Dogtooth Technologies (embodied-AI fruit-picking robots) raised £14m (Growth), reported by UKTN weekly roundup.funding round · 24Haymarket, EMV Capital, ACF Investors, Innovate UK and others
Deal10 July 2026· Investors
Worldmodeldata: funding round 7m GBP — Worldmodeldata (training data for AI labs) raised £7m (Seed), reported by UKTN weekly roundup.funding round · Iona Star Capital
Deal9 July 2026· Investors
Marker: funding round 13m USD — same seed round as the UKTN row for Marker (£9.7m). Marker (AI-assisted word processor) raised $13m (Seed), reported by tech.eu.funding round · Index Ventures, LocalGlobe
Deal9 July 2026· Labs
Alchemab Therapeutics: funding round £25m — British Business Bank puts £25m into Alchemab, its largest life-sciences investment. For: Series A extension, taking the Series A to £109m. Other investors: (earlier Series A investors: SV Health Investors; RA Capital; DCVC Bio; Eli Lilly; Lightstone Ventures; Ono Venture Investment; Camford Partners).funding round · British Business Bank
Deal8 July 2026· Chips and hardware
Dogtooth Technologies: funding round £14m — Growth capital (over £14m) including Innovate UK grants and Kineo Finance leasing.funding round · 24Haymarket, EMV Capital, ACF Investors
Deal7 July 2026· Start-ups
HIVE: funding round US$15m (≈ £11.2m) — Seed for an AI software layer that lets industrial machines act on their own.funding round · SuperSeed (lead); Veriten, Skyfall, Nysnø
Deal6 July 2026· Start-ups
Worldmodeldata: funding round £7m — Seed, out of stealthfunding round · Iona Star Capital
Deal6 July 2026· Start-ups
Ogma: acquisition — Speech therapy company Saltroad, which raised £1.5M, bought AI platform Ogma to scale speech therapy for children (tech.eu recap, week to 6 July 2026).acquisition · Saltroad
Deal3 July 2026· Start-ups
StirlingX: funding round £15m — Series Afunding round · Ventura Capital; RCM Private Markets Master Fund
Deal3 July 2026· Start-ups
geoSurge: funding round US$12m (≈ £9m) — Oversubscribed seed for tools tracking how brands appear in generative AI models.funding round · AlbionVC (lead); Play Ventures, Octopus Ventures, Passion Capital and others
Deal3 July 2026· Start-ups
geoSurge: funding round £9.4m — Seed round for enterprise brand-visibility tools (check geoSurge's sub-page).funding round · not stated
Deal3 July 2026· Investors
geoSurge: funding round 9.4m GBP — geoSurge (brand visibility in AI answers) raised £9.4m (Seed), reported by UKTN weekly roundup.funding round · AlbionVC, Play Ventures, Octopus Ventures, Celero Ventures and others
Deal3 July 2026· Investors
Lucida AI: funding round 5.3m GBP — Lucida AI (AI language coaching) raised £5.3m (Seed), reported by UKTN weekly roundup.funding round · Velocity Capital, Next Tier Ventures, Look AI Ventures, Bogazici Ventures and others
Deal3 July 2026· Investors
Build: funding round 6.4m GBP — Build (AI platform for infrastructure projects) raised £6.4m (Seed), reported by UKTN weekly roundup.funding round · Index Ventures, Pebblebed, Puzzle Ventures, Tiny.vc
Deal2 July 2026· Start-ups
BidScript: funding round US$800,000 (≈ £598,086) — Pre-seed top-up for an AI tender management platform.funding round · PXN Equity Finance (NPIF II); SFC Capital
Deal2 July 2026· Start-ups
BidScript: funding round US$800,000 (≈ £598,086) — Pre-seed extension taking total past $1mfunding round · PXN Equity Finance (NPIF II); SFC Capital
Deal2 July 2026· Start-ups
StirlingX: funding round 20,000,000 (£15m) USD — Series A eight months after seed.funding round · Ventura Capital; RCM Private Markets Master Fund
Deal2 July 2026· Software and tools
Lifebit: government contract — Genomics England selected Lifebit for its enhanced research environment. Buys or funds: Enhanced research environment for genomic research.government contract · Genomics England
Deal2 July 2026· Labs
Boltz: partnership — Boltz announces a collaboration with GSK. For: deployment of Boltz models for drug discovery.partnership · GSK
Deal1 July 2026· Start-ups
Dogtooth Technologies: funding round £14m — "Over £14m" growth capital for fruit-picking robotsfunding round
Deal1 July 2026· Start-ups
Build: funding round US$8.5m (≈ £6.4m) — Seedfunding round · Index Ventures
Deal1 July 2026· Labs
Wayve: secondary sale US$85m (≈ £64m) — Wayve staff sell $85m of shares at the Series D valuation For: Employee tender (secondary sale of vested equity). Valuation reported: 8,600,000,000 USD. [Labs Round 7] Employee share sale (tender offer): existing shares sold, not money raised.secondary sale · "existing and new investors" (not named)
DealJuly 2026· Software and tools
Attio: acquisition — The Inconvo team, makers of data-agent tools, joins Attio. Buys or funds: data-agent infrastructure; founders Eoghan and Liam Mulcahy join engineering.acquisition · Inconvo (target; team joins Attio)
Deal30 June 2026· Labs
Basecamp Research: partnership — Basecamp's EDEN models feature in Anthropic's Claude Science launch (headline only; role to confirm). For: EDEN design tools offered through Claude (company models page shows a Claude connector).partnership · Anthropic (Claude Science)
Deal29 June 2026· Established firms
Haleon: major contract — Five-year collaboration for Microsoft to support Haleon's AI-led transformation.major contract · Microsoft
Deal26 June 2026· Start-ups
Summize: acquisition — Summize bought InnoLaw's staff and key assetsacquisition · InnoLaw Group (target, Seattle)
Deal26 June 2026· Start-ups
Isometric: funding round £30m — Series Afunding round · AVP; Lowercarbon Capital; Plural
Deal26 June 2026· Investors
Partly: funding round 38m GBP — Partly (AI for car-parts supply chain) raised £38m (Series B), reported by UKTN weekly roundup.funding round · DST Global Partners
Deal26 June 2026· Investors
Isometric: funding round 30m GBP — Isometric (AI-agent verification of carbon removal) raised £30m (Series A), reported by UKTN weekly roundup.funding round · AVP, Lowercarbon Capital, Plural
Deal26 June 2026· Investors
Houdini Bio: funding round 1.5m GBP — Houdini Bio (machine-learning DNA design) raised £1.5m (Pre-seed), reported by UKTN weekly roundup.funding round · SCVC (Science Creates), Deep Science Ventures, Cambridge Enterprise VC
Deal25 June 2026· Cloud and compute
NexGen Cloud: asset financing US$34m (≈ £25.8m) — USD.AI lent $34m against NexGen Cloud's B200 GPUs in Sweden. Buys or funds: Three-year non-recourse debt facility for an NVIDIA B200 fleet in Sweden, sold through Hyperstack.asset financing · USD.AI (developed by Permian Labs)
Deal25 June 2026· Cloud and compute
NexGen Cloud: debt financing US$34m (≈ £25.8m) — NexGen Cloud borrowed $34m against its B200 GPUs in Sweden without giving up equity. Buys or funds: Three-year, non-recourse facility secured on a fleet of NVIDIA B200 GPUs and their contracted cash flows; site in Sweden (outside the UK).debt financing · USD.AI (Permian Labs)
Deal24 June 2026· Software and tools
Seldon: acquisition — TrueFoundry announced it had acquired Seldon; terms undisclosed.acquisition · TrueFoundry
Deal23 June 2026· Labs
SOFAIR lab (UCL) and BOLD lab (Oxford): grant up to 60,000,000 in total (SOFAIR initial 8,000,000) GBP — UKRI-EPSRC funds SOFAIR (UCL, David Barber) and BOLD (Oxford, Jakob Foerster) from a £60m scheme For: Two fundamental AI research labs for six years; £2m per lab for at least 10 doctoral students; access to large-scale compute.grant · UKRI – EPSRC
Deal22 June 2026· Cloud and compute
University of Southampton Lenovo H200 HPC system: government contract 7000000 (approx., initial order) GBP — Southampton picks Lenovo as HPC supplier; first order about £7m for summer 2026. Buys or funds: Lenovo SR675 V3 servers with NVIDIA H200; four-year preferred-supplier framework. Other investors: NVIDIA (GPUs).government contract · Lenovo (BIZ-INV-2158)
Deal22 June 2026· Labs
Houdini Bio: funding round ~1,500,000 GBP — Houdini Bio raises nearly £1.5m in pre-seed and grants. For: Machine-learning DNA design platform for gene and cell therapies. Other investors: Deep Science Ventures; Cambridge Enterprise VC; non-dilutive grants (funder not named).funding round · SCVC (Science Creates)
Deal19 June 2026· Start-ups
Frontier Health: funding round US$16m (≈ £12.1m) — Seed round with firstminute capital and XYZ.funding round · Atomico
Deal19 June 2026· Investors
Conduct: funding round 44.72m GBP — Conduct (AI system for legacy enterprise code) raised £44.72m (Series A), reported by UKTN weekly roundup.funding round · Index Ventures, ICONIQ, SAP, Creandum and others
Deal19 June 2026· Investors
Frontier Health: funding round 12m GBP — Frontier Health (AI operations assistant for NHS trusts) raised £12m (Seed), reported by UKTN weekly roundup.funding round · Atomico, firstminute capital, XYZ
Deal19 June 2026· Investors
Flagright: funding round 9.3m GBP — Flagright (AI financial-crime compliance) raised £9.3m (Series A), reported by UKTN weekly roundup.funding round · Infinity Ventures, Sella Direct Ventures, Frontline, Y Combinator
Deal18 June 2026· Start-ups
Flagright: funding round US$12.5m (≈ £9.4m) — Series Afunding round · Infinity Ventures; Sella Direct Ventures
Deal18 June 2026· Start-ups
Flagright: funding round 12,500,000 (£9.3m) USD — Series A for AI financial-crime compliance system.funding round · Infinity Ventures (with Sella Direct Ventures, Frontline, Y Combinator)
Deal18 June 2026· Labs
ElevenLabs: funding round not disclosed — The Polish government took a stake in ElevenLabs through Vinci, part of BGK Group. For: Stake supporting AI Lab Poland initiative.funding round · Government of Poland via Vinci (BGK Group)
Deal18 June 2026· Labs
Boltz: partnership — Boltz announces a collaboration with Takeda. For: deployment of Boltz models at Takeda.partnership · Takeda
Deal17 June 2026· Start-ups
Kraken: spin out — Companies House shows Octopus entities ceasing as controllers and no registrable person from 17 June 2026 (demerger taking effect; inferred from register)spin out · Octopus Energy Group
Deal17 June 2026· Software and tools
Conduct: funding round US$60m (≈ £44.8m) — Series A for an AI operating system that maps and changes legacy enterprise software.funding round · Index Ventures; ICONIQ (co-leads); SAP, Creandum and others
Deal17 June 2026· Established firms
HSBC Holdings plc: major contract — Multi-year AI banking partnership; 200+ AI use cases planned over two years.major contract · Google Cloud
Deal17 June 2026· Labs
Wayve: partnership — Stellantis, Wayve and Uber agreed to build and deploy driverless robotaxis worldwide. For: Development and deployment of Level 4 (driverless) robotaxis.partnership · Stellantis; Uber
Deal17 June 2026· Labs
Wayve: partnership — Three-way robotaxi partnership For: Robotaxis at global scale.partnership · Stellantis; Uber
Deal17 June 2026· Labs
Odyssey: funding round US$310m (≈ £231.4m) — Odyssey raises a $310m Series B at a $1.45bn valuation, led by Natural Capital. For: Series B; scaling world models; AWS becomes preferred cloud. Other investors: Amazon; AMD Ventures; GV; EQT; IQT; angels Jeff Dean, Elad Gil, Garry Tan, Guillermo Rauch, Kyle Vogt. Valuation reported: 1450000000 USD.funding round · Natural Capital
Deal16 June 2026· Established firms
L&G and Microsoft AI collaboration: major contract — New three-year agreement; Copilot for all 10,000 employees, Azure migrationmajor contract · Microsoft
Deal16 June 2026· Established firms
Unilever and Accenture AI digital twins in manufacturing: major contract — AI digital twins across factoriesmajor contract · Accenture
Deal16 June 2026· Software and tools
Undo: funding round US$37m (≈ £27.6m) — Round for runtime context that lets AI coding agents find root causes of software faults.funding round · Elsewhere Partners (lead)
Deal16 June 2026· Labs
Google DeepMind: partnership — DeepMind and i.AI are trialling an AI planning prototype in three councils. Possible overlap with DEAL-SVC-013. For: Gemini-based planning-application prototype aiming to halve decision times; national rollout planned from 2027. Other investors: Barnet, Camden and Dorset councils (trials).partnership · Incubator for AI (i.AI), UK government
Deal16 June 2026· Labs
Ineffable Intelligence: partnership — Ineffable picks Google Cloud For: Preferred cloud partner for RL infrastructure.partnership · Google Cloud
Deal15 June 2026· Big tech in the UK
Cohere (UK): uk office opening — Move to larger London office at 100 New Oxford Streetuk office opening
Deal15 June 2026· Big tech in the UK
Cohere (UK): uk office opening — Cohere, the Canadian AI model company, moved its London team to a larger office at 100 New Oxford Street: over 14,000 sq ft with room for up to 100 people.uk office opening
Deal15 June 2026· Start-ups
Zero Gravity Tech: major contract £300,000 — AI Tutoring Tools Pioneer Programme R&D contract 2 (ex VAT); estimated 29 June 2026 to 31 March 2027.major contract · Department for Science, Innovation and Technology (DfE delivery partner)
Deal15 June 2026· Start-ups
Learn Anything Education: major contract £300,000 — AI Tutoring Tools Pioneer Programme R&D contract 3 (ex VAT).major contract · Department for Science, Innovation and Technology (DfE delivery partner)
Deal15 June 2026· Start-ups
Eedi: major contract £300,000 — AI Tutoring Tools Pioneer Programme R&D contract 7 (ex VAT).major contract · Department for Science, Innovation and Technology (DfE delivery partner)
Deal15 June 2026· Start-ups
Medly AI: major contract £300,000 — AI Tutoring Tools Pioneer Programme R&D contract 1 (ex VAT).major contract · Department for Science, Innovation and Technology (DfE delivery partner)
Deal12 June 2026· Start-ups
Enera: funding round US$2m (≈ £1.5m) — Pre-seedfunding round · Lakehouse Ventures
Deal12 June 2026· Big tech in the UK
AMD (as investor): investment pledge £2bn — Up to £2bn over five years for AI innovation and research in the UK.investment pledge
Deal12 June 2026· Big tech in the UK
Nebius (UK): investment pledge £1.70bn — About £1.7bn to build UK capacity, with a London commercial and AI R&D hub and three new NVIDIA deployments.investment pledge · Ark (Longcross Park)
Deal12 June 2026· Big tech in the UK
General Intuition (UK): uk office opening — London King's Cross office opened; part of a $133M seed round to go into its London research team.uk office opening
Deal12 June 2026· Big tech in the UK
Legora (UK): uk office opening — Dedicated engineering hub in London.uk office opening
Deal12 June 2026· Big tech in the UK
Replit (UK): uk office opening — London office to open in 2026.uk office opening
Deal12 June 2026· Big tech in the UK
Fynd (UK): uk office opening — First UK office in London; 70 jobs projected across London, Manchester and the UK by 2028.uk office opening
Deal12 June 2026· Start-ups
Capsa AI: funding round £13.4m — Series A for AI operating system for private capital funds.funding round · investors not named as lead
Deal12 June 2026· Chips and hardware
AMD (as investor): investment pledge £2bn — Up to £2bn over five years for AI innovation and research in the UK.investment pledge · UK Government
Deal12 June 2026· Investors
PhysicsX: funding round 225m GBP — PhysicsX (AI physics simulation for engineering) raised £225m (Series C), reported by UKTN weekly roundup.funding round · Temasek, M&G Investments, Intrepid Growth Partners, Applied Materials and others
Deal12 June 2026· Investors
Capsa AI: funding round 13.4m GBP — Capsa AI (AI system for private capital funds) raised £13.4m (Series A), reported by UKTN weekly roundup.funding round · TX Ventures, Pivot Investment Partners, Bek Ventures, Antler and others
Deal12 June 2026· Investors
Enera: funding round 1.49m GBP — Enera (AI agents for EV charge-point operators) raised £1.49m (Pre-seed), reported by UKTN weekly roundup.funding round · Lakehouse Ventures, Divergent Capital, Masia
Deal12 June 2026· Cloud and compute
AMD (as investor): investment pledge £2bn — 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.investment pledge · AMD
Deal12 June 2026· Cloud and compute
Ark Longcross Park campus, Surrey: investment pledge £807m — Ark announced £807m to expand the Surrey campus that hosts Nebius's UK GPUs. Buys or funds: Longcross Park expansion including a further data centre with 36MW of future capacity; supports Nebius's GPU deployment.investment pledge · Ark
Deal11 June 2026· Start-ups
Capsa AI: funding round US$18m (≈ £13.5m) — Series A for an agentic AI platform for private capital funds.funding round · TX Ventures; Pivot Investment Partners (co-leads); Bek Ventures, Antler, Outward VC
Deal11 June 2026· Chips and hardware
SoC Labs AI chip design skills programme: grant £3m — Three-year UK-wide chip design training programme at the University of Southampton.grant · Department for Science, Innovation and Technology
Deal10 June 2026· Cloud and compute
Next National Supercomputing Service, University of Edinburgh: investment pledge 400000000 (up to; inside the £750m) GBP — DSIT sets aside up to £400m of the £750m for AI chips. Buys or funds: Next-generation AI chips for the national supercomputer.investment pledge · DSIT
Deal9 June 2026· Cloud and compute
Civo–Era4 sovereign AI stack: major contract — Civo software to run on Era4's AI sites (NVIDIA HGX B300).major contract · Era4 (BIZ-CLD-006)
Deal9 June 2026· Labs
Synthesia: partnership — Synthesia signed an MoU with the UK Government on AI adoption and skills. For: Memorandum of understanding on AI adoption and upskilling.partnership · UK Government
Deal9 June 2026· Labs
Synthesia: partnership — Synthesia and UK Government sign MoU For: MoU on AI adoption and upskilling.partnership · UK Government
Deal8 June 2026· Big tech in the UK
Nebius (UK): investment pledge £1.70bn — About £1.7bn for three further UK deployments, 65 MW by 2027investment pledge
Deal8 June 2026· Cloud and compute
AIRR heterogeneous national AI supercomputer (£750m): investment pledge £750m — £750m national AI supercomputer under the AI Hardware Plan, incl. £150m advance chip purchase commitment.investment pledge · UK Government (DSIT)
Deal8 June 2026· Data centres
Nebius UK capacity build-out (four sites): investment pledge £1.70bn — Nebius invests about £1.7bn in UK capacity at four sites, 65MW by 2027.investment pledge · Nebius
Deal8 June 2026· Data centres
Kao Data Harlow campus: major contract — Nebius signs a 22MW, ten-year agreement at Harlow.major contract · Nebius
Deal8 June 2026· Established firms
Pearson as partner in the government's AI Skills Boost: major contract — Named partner in plan to train 10 million workers in AI by 2030major contract · UK government (AI Skills Boost)
Deal8 June 2026· Labs
PhysicsX: funding round US$25m (≈ £18.7m) — BBB invested US$25m in PhysicsX's US$300m Series Cfunding round · British Business Bank incl. British Growth Partnership Fund I; round led by Temasek
Deal8 June 2026· Start-ups
Multiverse: uk office opening — Multiverse to open an Edinburgh tech hub and create 200 UK jobs to boost workers' AI skillsuk office opening · DSIT (AI Adoption Summit)
Deal8 June 2026· Big tech in the UK
n8n (UK): investment pledge — Up to 200 skilled UK jobs over three years.investment pledge
Deal8 June 2026· Big tech in the UK
Reflection AI (UK): investment pledge — Plans to hire more than 100 UK staff within 12 months.investment pledge
Deal8 June 2026· Big tech in the UK
Playground Global: uk office opening £150m — Silicon Valley investor opens its first office outside the US, in the UK, with a fund backed by up to £150m from the British Business Bank for UK AI hardware firms.uk office opening · British Business Bank
Deal8 June 2026· Chips and hardware
Playground Global UK deeptech hardware fund: investment pledge £150m — Up to £150m from the British Business Bank into a Playground Global-led UK hardware fund.investment pledge · British Business Bank
Deal8 June 2026· Services and skills
Spärck AI Scholarships: investment pledge £4m — Expansion of the Spärck AI Scholarships, sponsoring up to 50 industry placements.investment pledge · Department for Science, Innovation and Technology
Deal8 June 2026· Cloud and compute
Nebius (UK): capacity contract not disclosed — Revolut was named as a UK customer of Nebius as Nebius announced £1.7bn of UK capacity. Buys or funds: Use of Nebius's UK AI capacity.capacity contract · Revolut
Deal8 June 2026· Labs
Cosine: partnership — Thirteen UK organisations signed up to shape Cosine's sovereign frontier model. For: Agreements (MoUs, per AML Intelligence for the three banks) to co-design Lumen Sovereign, a UK-trained frontier model for critical sectors.partnership · Coalition of 13: BAE Systems, Babcock International Group, BT, Era4, HSBC, Leonardo, Lloyds Banking Group, LSEG, NatWest Group, PwC, Telefónica Tech UK&I, Thales UK, The Alan Turing Institute
Deal8 June 2026· Labs
ElevenLabs: partnership — ElevenLabs signed an MoU with DSIT and announced a larger London headquarters. For: Memorandum of understanding on voice AI in public services, accessibility, AI security, skills; London HQ expansion.partnership · Department for Science, Innovation and Technology (UK Government)
Deal8 June 2026· Labs
ElevenLabs: partnership — ElevenLabs partners with UK Government and expands London HQ For: Voice AI in public services; London HQ expansion.partnership · UK Government
Deal8 June 2026· Labs
Wellcome Sanger Institute AI genomics (Generative and Synthetic Genomics programme): partnership 5,000,000 a year (five-year intention) USD reported — Google DeepMind and Google.org commit US$5m a year to a Sanger AI genomics consortium, announced at the AI x BIO conference. For: A new AI consortium for genomics building AI-ready genomic datasets to train machine learning models.partnership · Google DeepMind; Google.org
Deal6 June 2026· Services and skills
TechFirst: major contract not stated — First five of 12 TechFirst regional delivery partners confirmed.major contract · WM5G; Digital Innovators; IN4 Group; Tech Educators; STEM Learning
Deal4 June 2026· Established firms
Lloyds and Microsoft 365 Frontier Suite deployment: major contract — Microsoft 365 E7 Frontier Suite company-wide; 40,000 Copilot licencesmajor contract · Microsoft
Deal4 June 2026· Start-ups
Aveni: funding round £12m — Round with Puma, Lloyds Banking Group, Nationwide, Scottish Enterprisefunding round · PXN Ventures
Deal4 June 2026· Start-ups
Wordsmith: funding round US$70m (≈ £52.1m) — Series Bfunding round · Highland Europe; Index Ventures (lead not stated)
Deal4 June 2026· Start-ups
Aurrigo: major contract £6.3m — 25 autonomous guided vehicles for UK airport and passenger transit use (as reported in FY2025 results)major contract · Ultra Global
Deal4 June 2026·
Airspeed (new): funding round US$20m (≈ £14.9m) — Series A for autonomous AI agents for sales and revenue teams; founders ex-DeepMind.funding round · DN Capital (lead); Vi Partners, Framework Venture Partners, Atlassian Ventures
Deal4 June 2026· Labs
DaltonTx: partnership — Contract research firm Sygnature Discovery adopts the Dalton platform. For: Dalton joins Sygnature's computational chemistry toolkit; retrospective test on an oncology programme now in Phase I.partnership · Sygnature Discovery
Deal3 June 2026· Start-ups
Flok Health: funding round US$12.5m (≈ £9.3m) — Series A with Eka VC, Form Ventures and Mercia Ventures.funding round · Albion VC
Deal3 June 2026· Start-ups
Gigaton (formerly Carbon Re): funding round US$26m (≈ £19.3m) — Series Afunding round · Plural
Deal3 June 2026· Start-ups
Apoha: funding round US$36m (≈ £26.8m) — Round to build a data layer on how molecules and materials behave, for physical-world AI.funding round · Singular (lead); Draper Associates; Redalpine, Seedcamp, Wilbe, Nucleus
Deal3 June 2026· Labs
Synthesia: partnership — Synthesia and Multiverse partnered to help UK workers adopt AI. For: AI adoption training for UK workers.partnership · Multiverse
Deal2 June 2026· Software and tools
Poindexter Labs: funding round £2m — Oversubscribed seed for expert-level training data for advanced AI models.funding round · Episode 1 (lead); Evertrue Capital; Octopus Ventures First Cheque Fund; angels
Deal2 June 2026· Software and tools
Archestra: funding round US$10m (≈ £7.4m) — London's Archestra.AI raised a $10m seed led by 20VC; $13.5m raised in total. Buys or funds: Go-to-market and engineering; enterprise deployments. Other investors: Visible Ventures; Tenacity Capital; angels Olivier Pomel, Kieran Flanagan.funding round · 20VC (lead)
Deal2 June 2026· Software and tools
Parloa (UK office): uk office opening — Parloa opened its first London office. Buys or funds: First London office.uk office opening
Deal1 June 2026· Software and tools
Geordie AI: funding round US$30m (≈ £22.3m) — Series A.funding round · Balderton
Deal1 June 2026· Start-ups
Financial Regulation Innovation Lab (FRIL): investment pledge £3.2m — Three years of programme fundinginvestment pledge · Scottish Enterprise
Deal1 June 2026· Software and tools
BIZ-SW-2026 Gradient Labs: funding round US$13m (≈ £9.7m) — Gradient Labs extended its Series A by $13m. Buys or funds: Series A extension (Series A now $26m); customer-service, lending, disputes and KYC agents. Other investors: Redpoint Ventures; Exceptional Capital.funding round · Octopus Ventures; CommerzVentures (co-leads)
DealJune 2026· Investors
Augur: funding round 15m USD — Augur (AI sensor intelligence for security) raised $15m (Seed (June 2026)), reported by tech.eu.funding round · Plural
DealJune 2026· Labs
Prima Mente: partnership — Nebius customer story reports a 12% pre-training throughput gain for Pleiades on 16 nodes. For: Compute and engineering for scaling the Pleiades models (BIZ-LAB-14049).partnership · Nebius
Deal29 May 2026· Labs
Inherent: funding round US$50m (≈ £37.1m) — Seed round co-led by Index and Radicalfunding round · Index Ventures and Radical Ventures (co-leads)
Deal29 May 2026· Labs
Inherent: funding round US$50m (≈ £37.1m) — Seedfunding round · Index Ventures and Radical Ventures
Deal29 May 2026· Investors
Inherent: funding round 37.2m GBP — Inherent (AI research lab) raised £37.2m (Stealth), reported by UKTN weekly roundup.funding round · Index Ventures
Deal29 May 2026· Investors
Orbital: funding round 37.2m GBP — Orbital (AI-driven materials discovery) raised £37.2m (Series B), reported by UKTN weekly roundup.funding round · Plural, NVentures, Radical Ventures, Compound and others
Deal29 May 2026· Investors
Perceptic: funding round 9m GBP — Perceptic (AI drug discovery platform) raised £9m (Seed), reported by UKTN weekly roundup.funding round · Accel, Air Street Capital, Elder Gull
Deal28 May 2026· Labs
Orbital Industries (Orbital Materials Ltd): funding round US$50m (≈ £37.2m) — Series B; NVentures, Radical Ventures, Compound and Fly Ventures took partfunding round · Plural
Deal28 May 2026· Start-ups
Perceptic: funding round US$12m (≈ £8.9m) — Seed for one AI system linking research, development and clinical decisions in drug development.funding round · Accel; Air Street Capital; Elder Gull (leads)
Deal28 May 2026· Software and tools
Lifebit: partnership — Lifebit and CanPath set up a national federated research framework for Canada. Buys or funds: Canada's national federated research infrastructure framework.partnership · CanPath
Deal28 May 2026· Labs
Orbital Industries (Orbital Materials Ltd): rename — Rename For: Orbital Materials renamed Orbital Industries with its Series B.rename
Deal27 May 2026· Labs
DaltonTx: partnership — DaltonTx and Bonito Biosciences pair data and AI to design drug-delivery ligands. For: AI-driven discovery of delivery ligands for oligotherapeutics, starting with the central nervous system.partnership · Bonito Biosciences
Deal26 May 2026· Start-ups
Gigaton (formerly Carbon Re): rename — Carbon Re Ltd renamed Gigaton Technologies Ltdrename
Deal25 May 2026· Start-ups
Imperagen: funding round £5m — Seed to accelerate AI-driven enzyme engineering (tech.eu recap, week to 25 May 2026; UKTN dated 21 May 2026).funding round · not named
Deal22 May 2026· Start-ups
Humanoid: major contract — Manufacturing agreement to support production of HMND 01 robots for Europemajor contract · Bosch
Deal22 May 2026· Start-ups
Searchable: funding round £10.3m — Growth round for AI performance-marketing platform.funding round · Headline
Deal22 May 2026· Chips and hardware
Humanoid: major contract — Manufacturing agreement after HMND 01 proof of concept at Bosch's Bühl logistics centre.major contract · Bosch
Deal22 May 2026· Investors
Primer: funding round 75m GBP — Primer (AI-enabled payments layer) raised £75m (Series C), reported by UKTN weekly roundup.funding round · Sofina, Peak XV Partners, Balderton, Accel and others
Deal22 May 2026· Investors
CircuitHub: funding round 21m GBP — CircuitHub (AI and robotics circuit-board assembly) raised £21m (Growth), reported by UKTN weekly roundup.funding round · Plural
Deal22 May 2026· Investors
Searchable: funding round 10.3m GBP — Searchable (AI performance marketing) raised £10.3m (Growth), reported by UKTN weekly roundup.funding round · Headline
Deal22 May 2026· Investors
Imperagen: funding round 5m GBP — Imperagen (AI enzyme design) raised £5m (Seed), reported by UKTN weekly roundup.funding round · PXN Ventures, IQ Capital, Northern Gritstone
Deal22 May 2026· Investors
Rightbrain: funding round 3m GBP — Rightbrain (AI agents inside CRMs) raised £3m (Growth), reported by UKTN weekly roundup.funding round · Northern Powerhouse Investment Fund II (NPIFII) – PXN Equity Finance, Salica, NYDIG
Deal22 May 2026· Investors
TympaHealth: funding round 2m GBP — TympaHealth (AI-assisted ear imaging) raised £2m (Innovation loan), reported by UKTN weekly roundup.funding round · Innovate UK
Deal22 May 2026· Cloud and compute
Civo: partnership not disclosed — Civo's platform is coming to Indonesia through Arupa Cloud Nusantara. Buys or funds: Sovereign cloud platform for Indonesia; Jakarta launch on 2026-10-23.partnership · Arupa Cloud Nusantara
Deal21 May 2026· Labs
Wayve: partnership — Stellantis to use Wayve AI for door-to-door supervised driving For: Hands-free supervised automated driving.partnership · Stellantis
Deal20 May 2026· Start-ups
Audio Analytic: wind down — Audio Analytic Limited (06673834) dissolvedwind down
Deal20 May 2026· Established firms
ZIGUP plc: major contract — Strategic AI collaboration; Copilot for about 3,500 staff. No terms disclosed.major contract · Microsoft
Deal19 May 2026· Software and tools
Rightbrain AI: funding round £3m — Round for a platform letting service firms build AI agents on third-party models.funding round · Northern Powerhouse Investment Fund II – PXN Equity Finance (lead); Salica; NYDIG; angels
Deal19 May 2026· Cloud and compute
NexGen Cloud: uk office opening — NexGen Cloud opened a new City of London head office and named four senior hires. Buys or funds: New headquarters in the City of London; CFO, CRO, Head of Risk and Compliance and Head of Partnerships appointed.uk office opening
Deal18 May 2026· Established firms
BT Business and Accenture AI operations programme: major contract — Multi-year AI operations programme for BT Businessmajor contract · Accenture
Deal18 May 2026· Start-ups
Sensat: funding round £3m — Investment to support US expansionfunding round · Mercia Ventures
Deal18 May 2026· Start-ups
Searchable: funding round £10.3m — Round for a platform tracking brand visibility across AI search engines.funding round · Headline (lead)
Deal15 May 2026· Established firms
Experian and ServiceNow AI agents partnership: major contract — Global multi-year AI agents partnershipmajor contract · ServiceNow
Deal15 May 2026· Start-ups
Multiverse: funding round US$70m (≈ £52.5m) — New fundingfunding round · Schroders Capital
Deal15 May 2026· Start-ups
Elliptic: funding round £88.8m — Series D for blockchain analytics and compliance platform.funding round · investors listed: One Peak, Nasdaq Ventures, Deutsche Bank, British Business Bank (lead not stated)
Deal15 May 2026· Start-ups
Kaizan: funding round £2.5m — Seed round for AI client management platform (check Kaizan's sub-page).funding round · investors listed: Pembroke VCT, Velocity Capital, angels (lead not stated)
Deal15 May 2026· Start-ups
Fifth Dimension: funding round £19.2m — Series A for decision intelligence platform (check Fifth Dimension's sub-page).funding round · investors listed: HV Capital, Prudence, Mercia, MMC, AFG, Speedinvest, Seedcamp, Anthemis (lead not stated)
Deal15 May 2026· Start-ups
Kohort: funding round £5.1m — Seed round for AI agents for mobile games companies.funding round · investors listed: Play Ventures, Moonfire Ventures, Sisu Game Ventures (lead not stated)
Deal15 May 2026· Investors
Isomorphic Labs: funding round 1.6bn GBP — Isomorphic Labs (AI drug discovery) raised £1.6bn (Series B), reported by UKTN weekly roundup.funding round · Thrive Capital, Alphabet, GV, MGX and others
Deal15 May 2026· Investors
Nscale: funding round 580m GBP — Nscale (AI cloud infrastructure) raised £580m (Growth), reported by UKTN weekly roundup.funding round · Ardent, 8VC
Deal15 May 2026· Investors
Fractile: funding round 162.8m GBP — Fractile (AI inference chips) raised £162.8m (Series A), reported by UKTN weekly roundup.funding round · Kindred Capital, NATO Innovation Fund, Oxford Science Enterprises, In-Q-Tel
Deal15 May 2026· Investors
Fifth Dimension: funding round 19.2m GBP — Fifth Dimension (AI decision platform (sector labelled AI)) raised £19.2m (Series A), reported by UKTN weekly roundup.funding round · HV Capital, Prudence, Mercia, MMC and others
Deal15 May 2026· Investors
Kaizan: funding round 2.5m GBP — Kaizan (AI client management) raised £2.5m (Seed), reported by UKTN weekly roundup.funding round · Pembroke VCT, Velocity Capital
Deal15 May 2026· Investors
Kohort: funding round 5.1m GBP — Kohort (AI agents for mobile games) raised £5.1m (Seed), reported by UKTN weekly roundup.funding round · Play Ventures, Moonfire Ventures, Sisu Game Ventures
Deal14 May 2026· Start-ups
Quantexa: major contract £175m — Ten-year data and AI partnershipmajor contract · HM Revenue and Customs
Deal14 May 2026· Start-ups
Humanoid: major contract — Phased deployment and supply agreement, robot-as-a-service, at two German sites from December 2026major contract · Schaeffler
Deal14 May 2026· Start-ups
Tomoro AI: acquisition — Reported acquisition by OpenAI for its OpenAI Deployment Company; price undisclosed; CH officer change 1 July 2026acquisition · OpenAI
Deal14 May 2026· Chips and hardware
Fractile: funding round US$220m (≈ £163.1m) — Series B to fund first AI inference chips and systems; reported as £162.8m (UKTN) and £165m (DSIT).funding round · Accel, Factorial Funds, Founders Fund
Deal14 May 2026· Chips and hardware
Humanoid: major contract — Phased deployment and supply agreement; first phase Dec 2026–June 2027 at two German sites.major contract · Schaeffler
Deal13 May 2026· Chips and hardware
Fractile: funding round US$220m (≈ £162.8m) — Series B for inference chips and systems.funding round · Accel, Factorial Funds, Founders Fund (leads)
Deal13 May 2026· Chips and hardware
Fractile: funding round US$220m (≈ £162.8m) — Fractile, which designs chips for running AI models, raised $220m (a Series B, per DCD) to produce its first processors.funding round · Accel, Factorial Funds, Founders Fund (co-leads)
Deal13 May 2026· Established firms
LSEG data in Google Gemini Enterprise: major contract — LSEG data in Gemini Enterprise via MCPmajor contract · Google Cloud
Deal13 May 2026· Labs
Recursive Superintelligence: funding round US$650m (≈ £481m) — Launch round, "over" US$650m; stage not namedfunding round · GV and Greycroft
Deal13 May 2026· Start-ups
Elliptic: funding round US$120m (≈ £88.8m) — Series D with Nasdaq Ventures, Deutsche Bank, British Business Bank (£13m)funding round · One Peak
Deal13 May 2026· Start-ups
Rowden: funding round £25m — Equity, NWF's first defence investmentfunding round · National Wealth Fund
Deal13 May 2026· Software and tools
Rossum: acquisition — Coupa bought the London-based intelligent document processing firm; price undisclosed.acquisition · Coupa
Deal13 May 2026· Start-ups
Rowden: funding round £25m — Growth funding for Bristol modular electronics and software systems maker.funding round · National Wealth Fund
Deal13 May 2026· Labs
Ineffable Intelligence: partnership — Engineering collaboration with NVIDIA For: Co-designed RL training infrastructure (Grace Blackwell; early Vera Rubin).partnership · NVIDIA
Deal12 May 2026· Labs
Isomorphic Labs: funding round US$2.10bn (≈ £1.55bn) — Isomorphic Labs raised a $2.1bn Series B led by Thrive Capital, with Alphabet, GV, MGX, Temasek, CapitalG and the UK Sovereign AI Fund.funding round · Thrive Capital
Deal12 May 2026· Labs
Isomorphic Labs: funding round US$2.10bn (≈ £1.55bn) — Series B; UK Sovereign AI Fund among new investorsfunding round · Thrive Capital
Deal12 May 2026· Start-ups
Fifth Dimension: funding round US$26m (≈ £19.2m) — Series Afunding round · HV Capital
Deal12 May 2026· Labs
Tolemy Bio: funding round €1.4m (≈ £1.2m) — Tolemy Bio raises a €1.4m pre-seed round. For: Orbit virtual-cell platform and early deployments. Other investors: Big Sur Ventures; JME Ventures; Masia; an unnamed UK stealth fund.funding round · Norrsken Evolve
Deal12 May 2026· Labs
Wayve: partnership — Wayve signs partnership with UK Government on self-driving For: Self-driving deployment in Britain.partnership · UK Government
Deal11 May 2026· Start-ups
Kaizan: funding round £2.5m — Round for an AI client-management platform that flags client risk.funding round · Pembroke VCT (lead, £1.5m); Velocity Capital; angels
Deal8 May 2026· Software and tools
CodeWords: funding round US$9m (≈ £6.6m) — Seed for autonomous AI agents that learn a business and build automations.funding round · Visionaries, Firstminute Capital, Sequel, Illusian; angels
Deal7 May 2026· Start-ups
Ethos: funding round US$22.8m (≈ £16.7m) — Series Afunding round · Andreessen Horowitz
Deal5 May 2026· Labs
ElevenLabs: funding round — Third close of the Series D, amount not disclosed; a further US$100m tender closed alongsidefunding round · BlackRock, Wellington, D.E. Shaw, Schroders, NVentures, Santander, T.Capital and others
Deal5 May 2026· Cloud and compute
Nscale: capacity contract 695000000 (Nscale's own spend: €230m shared infrastructure plus €465m second building) EUR — Nscale will deliver 66,000+ Rubin GPUs to Microsoft in Portugal. Buys or funds: More than 66,000 NVIDIA Rubin GPUs (Vera Rubin NVL72) in a new 200MW building (SIN02) at SINES Data Campus, Portugal, from late 2027; adds to about 12,600 Grace Blackwell Ultra GPUs already planned there. Other investors: Start Campus (site operator).capacity contract · Microsoft
Deal1 May 2026· Start-ups
Spaceflux: funding round £3.5m — Seed extension to £9mfunding round · Blackfinch Ventures
Deal1 May 2026· Investors
Ineffable Intelligence: funding round 814m GBP — Ineffable Intelligence (AI research lab (sector labelled AI)) raised £814m (Seed), reported by UKTN weekly roundup.funding round · Sovereign AI Unit, British Business Bank, Sequioa, Lightspeed and others
Deal30 April 2026· Start-ups
Online Oceans: funding round £4m — Round to scale autonomous surface vessels and a fleet command platform for maritime security.funding round · Seraphim Space (lead); Koro Capital; angels
Deal30 April 2026· Start-ups
Online Oceans: funding round £4m — Round to scale manufacturing and deployments of autonomous maritime security fleets.funding round · Seraphim Space (with Peter Rive, Frank Thieser, Florian Seibel, Koro Capital)
Deal30 April 2026· Investors
ManaMind: funding round 1.5m USD — ManaMind (AI game testing) raised $1.5m (Pre-seed), reported by tech.eu.funding round · Sure Valley Ventures, EWOR, Ascension, SyndicateRoom and others
Deal30 April 2026· Software and tools
ManaMind: funding round US$1.5m (≈ £1.1m) — ManaMind raised a $1.5m pre-seed for AI agents that test video games. Buys or funds: Technical team, proprietary models, market growth. Other investors: EWOR; Ascension; SyndicateRoom; Heartfelt.funding round · Sure Valley Ventures (lead)
Deal29 April 2026· Start-ups
Third Space Learning: funding round £4.4m — To scale the Skye AI tutorfunding round · South West Investment Fund (British Business Bank; Maven Capital Partners)
Deal29 April 2026· Established firms
Slaughter and May: major contract — Firmwide adoption of Harvey's legal AI platform.major contract · Harvey
Deal27 April 2026· Chips and hardware
IQE: investment pledge £81m — Strategic review concluded with MACOM as strategic partner; total investment £81m including an £11m placing.investment pledge · MACOM Technology Solutions
Deal27 April 2026· Labs
Ineffable Intelligence: funding round US$20m (≈ £14.8m) — British Business Bank put US$20m into the US$1.1bn seedfunding round · British Business Bank (BIZ-INV-002), with Sovereign AI co-investing; round co-led by Sequoia and Lightspeed
Deal27 April 2026· Labs
Ineffable Intelligence: funding round US$1.10bn (≈ £811.4m) — Seed; Sovereign AI Unit co-invested with the British Business Bankfunding round · Sequoia and Lightspeed
Deal27 April 2026· Start-ups
Mirriad: collapse — Funding failed; operating units to enter administration and shares suspended; plc and Mirriad Limited now in administrationcollapse · FRP Advisory and Begbies Traynor (administrators)
Deal27 April 2026· Investors
Ineffable Intelligence: funding round 1.1bn USD — same round as the UKTN row (£814m, labelled seed); TechCrunch gives a $5.1bn valuation. Ineffable Intelligence (AI research lab) raised $1.1bn (Not stated), reported by TechCrunch.funding round · Sequoia Capital, Lightspeed Venture Partners, Index Ventures, Google and others
Deal24 April 2026· Software and tools
Cloudsmith: funding round £53m — Series Cfunding round · TCV; Insight Partners
Deal24 April 2026· Investors
Cloudsmith: funding round 53m GBP — Cloudsmith (software artifact management for AI-era development) raised £53m (Series C), reported by UKTN weekly roundup.funding round · TCV, Insight Partners
Deal23 April 2026· Cloud and compute
BT–Nscale sovereign AI data centres: major contract — Nscale to build up to 14MW of AI data centres at three BT sites.major contract · BT; Nscale (BIZ-DC-001); NVIDIA
Deal23 April 2026· Data centres
Nscale AI data centres at three BT sites: major contract — Nscale and BT plan up to 14MW of AI data-centre capacity at three BT sites.major contract · BT
Deal23 April 2026· Established firms
BT sovereign AI with Nscale and NVIDIA: major contract — Up to 14MW of sovereign AI data centre capacity at three BT sitesmajor contract · Nscale; NVIDIA
Deal23 April 2026· Labs
Locai Labs: partnership — Locai Labs signed a contract to supply First Light Fusion with its own coding model. For: Supply contract: bespoke domain-specific coding LLM trained with Forget-Me-Not, run air-gapped in Oxford, retrained twice a year.partnership · First Light Fusion
Deal22 April 2026· Software and tools
Locai: funding round £1m — Pre-seedfunding round · Fuel Ventures
Deal20 April 2026· Cloud and compute
OCF: partnership — OCF agreed to bring Xinnor's software-defined storage to UK customers. Buys or funds: UK distribution of xiSTORE and xiNAS storage software.partnership · Xinnor
Deal20 April 2026· Cloud and compute
OCF: partnership — OCF to distribute Xinnor storage in the UK. Buys or funds: UK distribution of xiSTORE and xiNAS storage.partnership · Xinnor
Deal20 April 2026· Labs
Synthesia: partnership — KnowBe4 and Synthesia partnered on AI video for security training. For: AI video for cybersecurity training.partnership · KnowBe4
Deal17 April 2026· Investors
Wayve: funding round 44m GBP — Wayve (AI autonomous driving software (sector labelled AI)) raised £44m (Series D extension), reported by UKTN weekly roundup.funding round · AMD, Arm, Qualcomm Ventures
Deal17 April 2026· Investors
TraqCheck: funding round 5.9m GBP — TraqCheck (AI candidate screening) raised £5.9m (Series A), reported by UKTN weekly roundup.funding round · IvyCap Ventures, IIFL
Deal17 April 2026· Software and tools
Callosum: investment pledge — 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).investment pledge · UK Sovereign AI Fund (£500m)
Deal16 April 2026· Investors
Sovereign AI (UK Sovereign AI Fund): investment pledge £500m — Sovereign AI unit launched with up to £500m to invest in UK AI companiesinvestment pledge · UK government
Deal16 April 2026· Labs
Cosine; Cursive; Odyssey; Twig Bio; Prima Mente: grant over 3 million GPU hours, "worth an estimated £14 million" (not split by company) — First Sovereign AI compute agreements for UK AI firms. [Labs Round 7] sovereignai.gov.uk: "we've deployed over 3 million GPU hours – worth an estimated £14 million" to six UK frontier AI companies. Not added to any total.grant · Sovereign AI / AI Research Resource
Deal16 April 2026· Cloud and compute
Prima Mente: compute grant — One of six start-ups in the Sovereign AI Unit's first compute round (over 3m GPU hours, est. £14m in total); used for dementia blood-test foundation models. Buys or funds: 1,000,000 GPU hours on Isambard-AI.compute grant · Sovereign AI Unit (BIZ-INV-001), via AIRR
Deal16 April 2026· Cloud and compute
Doubleword: compute grant — Inference-infrastructure firm given AIRR compute in the first Sovereign AI round; later used Isambard-AI for token-generation research. Buys or funds: AIRR GPU hours (per-company figure not published; cap 1m).compute grant · Sovereign AI Unit (BIZ-INV-001), via AIRR
Deal16 April 2026· Cloud and compute
Cosine: compute grant — Defence and regulated-industry model builder given AIRR compute in the first Sovereign AI round. Buys or funds: AIRR GPU hours (figure not published).compute grant · Sovereign AI Unit (BIZ-INV-001), via AIRR
Deal16 April 2026· Cloud and compute
Cursive: compute grant — Agent developer given AIRR compute in the first Sovereign AI round. Buys or funds: AIRR GPU hours (figure not published).compute grant · Sovereign AI Unit (BIZ-INV-001), via AIRR
Deal16 April 2026· Cloud and compute
Twig Bio: compute grant — Engineering-biology model builder given AIRR compute in the first Sovereign AI round. Buys or funds: AIRR GPU hours for CANOPY model (figure not published).compute grant · Sovereign AI Unit (BIZ-INV-001), via AIRR
Deal16 April 2026· Cloud and compute
Odyssey: compute grant — World-model developer given AIRR compute in the first Sovereign AI round. Buys or funds: AIRR GPU hours for world models (figure not published).compute grant · Sovereign AI Unit (BIZ-INV-001), via AIRR
Deal15 April 2026· Labs
Wayve: funding round US$60m (≈ £44.2m) — Extension of the US$1.2bn Series Dfunding round · AMD, Arm and Qualcomm Ventures
Deal14 April 2026· Start-ups
TraqCheck: funding round £5.9m — Series Afunding round · IvyCap Ventures
Deal14 April 2026· Start-ups
Ralio: funding round £1.8m — Oversubscribed pre-seed for a payments layer built for AI agents.funding round · Sure Valley Ventures (lead); Seed X, Love Ventures, Plug and Play, Antler and others
Deal14 April 2026· Start-ups
Ralio: funding round £1.8m — Pre-seed for agentic business payments platform.funding round · Sure Valley Ventures (with Seed X, Love Ventures, Plug and Play, rule30, Antler and others)
Deal14 April 2026· Cloud and compute
Nscale: capacity contract not disclosed — Expanded Microsoft agreement for Rubin GPUs in Norway. Buys or funds: More than 30,000 NVIDIA Rubin GPUs at the 230MW Nscale Narvik campus, Norway; delivery in 2027; managed solely by Nscale.capacity contract · Microsoft
Deal14 April 2026· Cloud and compute
Civo: partnership not disclosed — Civo and Locai Labs agreed to build UK sovereign language models. Buys or funds: Project Mercury memorandum (BIZ-CLD-3011): sovereign pre-trained models of 0.8–30bn and 256bn parameters on Civo's UK Sovereign Cloud.partnership · Locai Labs (BIZ-LAB-2008)
Deal14 April 2026· Cloud and compute
Locai Labs–Civo Project Mercury: partnership — Civo and Locai Labs signed a memorandum to build and host UK sovereign AI models. Buys or funds: UK-trained sovereign model family, 0.8–30bn and 256bn parameters, hosted on Civo's UK cloud or on-premise.partnership · Locai Labs (BIZ-LAB-2008)
Deal14 April 2026· Labs
Locai Labs: partnership — Locai Labs and Civo agreed to build and host UK sovereign models (records BIZ-CLD-4002/3011 exist; no deal row found). For: MoU for Project Mercury: sovereign model family (0.8–30B "Edge Intelligence" and 256B "Frontier Power") hosted on Civo's UK sovereign cloud; first model Jupiter.partnership · Civo (BIZ-CLD-001)
Deal13 April 2026· Big tech in the UK
OpenAI (UK): uk office opening — First permanent London office, 88,500 sq ft at King's Cross, due 2027 (trade report)uk office opening
Deal13 April 2026· Start-ups
Round: funding round US$6m (≈ £4.5m) — Seed for AI-powered finance back-office automation with an agentic workflow builder.funding round · Alstin Capital (lead); Backed VC; Love Ventures; Passion Capital and others
Deal13 April 2026· Labs
OpenAI London research hub: uk office opening — First permanent London office, about 88,500 sq ft, up to 544 staff, expected 2027.uk office opening · Endurance Land (developer)
Deal13 April 2026· Investors
Round: funding round 6m USD — Round (AI finance automation) raised $6m (Seed), reported by tech.eu.funding round · Alstin Capital, Backed VC, Love Ventures
Deal10 April 2026· Start-ups
Serve First: funding round £5m — Investment in an AI customer experience and performance platform.funding round · Pembroke VCT; Midlands Engine Investment Fund (Mercia Ventures)
Deal10 April 2026· Investors
Serve First: funding round 5m GBP — Serve First (AI customer experience platform) raised £5m (Not stated), reported by UKTN weekly roundup.funding round · Pembroke VCT, Midlands Engine Investment Fund
Deal9 April 2026· Big tech in the UK
Stargate UK (OpenAI, NVIDIA and Nscale): pause — OpenAI puts Stargate UK on hold over energy costs and regulationpause
Deal9 April 2026· Data centres
Stargate UK at Cobalt Park, North Tyneside: pause — OpenAI pauses Stargate UK, citing energy costs and regulation.pause · OpenAI
Deal8 April 2026· Software and tools
Trent AI: funding round £9.7m — Seed.funding round · LocalGlobe; Cambridge Innovation Capital
Deal7 April 2026· Start-ups
Fieldwork Robotics: funding round £3m — Funding for farm trials of autonomous raspberry-harvesting robots.funding round · Elbow Beach Capital (existing investor)
Deal7 April 2026· Investors
Trent AI: funding round 13m USD — Trent AI (security for AI agents) raised $13m (Seed), reported by tech.eu.funding round · LocalGlobe, Cambridge Innovation Capital
Deal7 April 2026· Software and tools
WholeSum: funding round US$335,000 (≈ £252,887) — WholeSum topped up its pre-seed with $335,000. Buys or funds: Pre-seed top-up; total pre-seed $1.3m (earlier $965k led by Twin Path Ventures, date not given). Other investors: strategic angels.funding round · Love Ventures; Beamline
Deal3 April 2026· Start-ups
9fin: funding round £130m — Series C for AI debt-intelligence platform.funding round · investors listed: HarbourVest, CPP Investments, Redalpine, Highland Europe, Spark Capital, Seedcamp (lead not stated)
Deal3 April 2026· Investors
9fin: funding round 130m GBP — 9fin (AI debt-market intelligence) raised £130m (Series C), reported by UKTN weekly roundup.funding round · HarbourVest, Canada Pension Plan Investment Board, Redalpine, Highland Europe and others
Deal3 April 2026· Investors
Lucida Medical: funding round 8.7m GBP — Lucida Medical (AI cancer diagnostics) raised £8.7m (Not stated), reported by UKTN weekly roundup.funding round · IW Capital, XTX Ventures, Macmillan Cancer Support
Deal1 April 2026· Big tech in the UK
Anthropic (UK): uk office opening — Anthropic announced plans for a new London office for up to 800 staff; it had more than 200 staff in London at the time. The CNBC report (URL dated 16 April 2026) would not open, and no Anthropic release was found.uk office opening
Deal1 April 2026· Investors
British Growth Partnership: investment pledge £200m — Fund close: Fund I first close of £200m; first investment £8m in Wayveinvestment pledge · Aegon UK, Cushon Master Trust, M&G
Deal1 April 2026· Start-ups
AMPLYFI: wind down — Extraordinary resolution to wind up; voluntary liquidator appointed (filed 21 April 2026)wind down · Menzies LLP (liquidator)
Deal31 March 2026· Big tech in the UK
Databricks (UK): investment pledge US$850m (≈ £644.5m) — More than $850m UK investment over three years; new Fitzrovia headquartersinvestment pledge
Deal30 March 2026· Established firms
Lloyds Banking Group and University of Glasgow AI research partnership: major contract — Four-year AI software engineering research partnershipmajor contract · University of Glasgow
Deal30 March 2026· Start-ups
Lucida Medical: funding round £8.7m — Round with XTX Ventures and Macmillan Cancer Support.funding round · IW Capital
Deal27 March 2026· Investors
Granola: funding round 93.4m GBP — Granola (AI notetaking) raised £93.4m (Series C), reported by UKTN weekly roundup.funding round · Index Ventures
Deal27 March 2026· Investors
Giraffe360: funding round 7.5m GBP — Giraffe360 (AI property imaging) raised £7.5m (Series B), reported by UKTN weekly roundup.funding round · Cipio Partners, Founders Fund, Hoxton Ventures, LAUNCHub Ventures and others
Deal27 March 2026· Cloud and compute
HMRC–AWS server migration contract (2026): government contract £473m — HMRC awarded AWS a reported £473m ten-year cloud migration contract. Buys or funds: Ten-year move of HMRC servers from three Fujitsu data centres to AWS; AWS was the sole remaining bidder. (General cloud hosting, not AI compute.)government contract · HM Revenue and Customs
Deal25 March 2026· Software and tools
Granola: funding round US$125m (≈ £93.5m) — Series C.funding round · Index Ventures
Deal25 March 2026· Start-ups
Eunice: funding round US$8m (≈ £6m) — Round for AI due-diligence agentsfunding round · Moonfire Ventures; Speedinvest
Deal25 March 2026· Start-ups
Eunice: funding round 8,000,000 (£6m) USD — Funding round for due-diligence infrastructure for regulated markets.funding round · Moonfire Ventures and Speedinvest (with Openspace Ventures, angels)
Deal24 March 2026· Start-ups
Kraken: funding round US$140m (≈ £104.6m) — Origin buys about US$140m of Kraken shares plus 1.5% for giving up Australian exclusivity; ACCC approved 20 April 2026funding round · Origin Energy (seller CPP Investments)
Deal23 March 2026· Investors
Air Street Capital: investment pledge US$232.3m (≈ £173.6m) — Fund close: Fund III to back AI-first companies in North America and Europeinvestment pledge
Deal20 March 2026· Start-ups
Flexzo AI: funding round US$12m (≈ £9m) — Series A with Fuel Ventures.funding round · Octopus Ventures
Deal20 March 2026· Safety
Numonic: funding round £250,000 — £250,000 secured toward a £560k pre-seed for AI-content transparency and compliance tracking.funding round · Fuel Ventures
Deal20 March 2026· Investors
Edra: funding round 22.4m GBP — Edra (workflow automation (sector labelled AI)) raised £22.4m (Series A), reported by UKTN weekly roundup.funding round · Sequoia, 8VC
Deal18 March 2026· Chips and hardware
EnSilica: funding round — Placing of 10,972,234 new shares at 47p, subject to a general meeting on 7 April 2026; outcome not checked.funding round · Allenby Capital and Panmure Liberum (brokers)
Deal18 March 2026· Start-ups
VerbaFlo: funding round US$7m (≈ £5.3m) — Seed for a conversational AI platform that automates residential leasing and operations.funding round · Pi Labs (lead); Haatch; Navigate Ventures; Old College Capital
Deal18 March 2026· Start-ups
Entourage AI: funding round US$5m (≈ £3.8m) — Pre-seed round at launch, with GU Holdings.funding round · Provision
Deal17 March 2026· Start-ups
First Concepts: funding round £750,000 — Pre-seed for a workspace that coordinates creative tools and AI models.funding round · Arāya Ventures; Antler (leads); angels
Deal17 March 2026· Software and tools
Laminar: funding round US$3m (≈ £2.2m) — Laminar raised a $3m seed for its AI agent tracing and debugging platform. Buys or funds: Product development and go-to-market for agent observability. Other investors: Y Combinator; AAL.vc; angels Ben Sigelman, Ant Wilson.funding round · Atlantic.vc (lead)
Deal17 March 2026· Software and tools
Snyk: partnership — Snyk and Tessl added security scores to all public agent skills in the Tessl Registry. Buys or funds: Security scanning of every skill in the Tessl Registry.partnership · Tessl
Deal17 March 2026· Labs
PhysicsX: partnership — Siemens collaboration on data-centre power For: Data centre power infrastructure. Other investors: NVIDIA.partnership · Siemens
Deal16 March 2026· Big tech in the UK
Faculty (acquired by Accenture): acquisition — Acquisition completed; 400+ staff join Accentureacquisition · Accenture
Deal16 March 2026· Data centres
Sunrise, UKAEA Culham Campus: investment pledge £45m — Government funds a 1.4MW AI supercomputer at Culham.investment pledge · DESNZ
Deal16 March 2026· Services and skills
Faculty (services view; acquired by Accenture): acquisition — Accenture completed the Faculty purchase; 400+ staff joinedacquisition · Accenture
Deal16 March 2026· Start-ups
Spotlight Pathology: funding round £1.4m — Seed round.funding round · UKI2S and Liverpool City Region Seed Fund
Deal16 March 2026· Start-ups
Ternary Therapeutics: funding round £3.6m — Seed round.funding round · daphni
Deal16 March 2026· Cloud and compute
Nscale: capacity contract not disclosed — Microsoft signed a letter of intent for 1.35GW at Nscale's West Virginia campus. Buys or funds: 1.35GW of NVIDIA Vera Rubin NVL72 compute at the Monarch Compute Campus, Mason County, West Virginia (up to 2,250 acres, bought through AIPCorp); tranches from late 2027. Other investors: NVIDIA (Vera Rubin, DSX design); Caterpillar (G3500 gas generator sets, 2GW of on-site power).capacity contract · Microsoft (letter of intent)
Deal16 March 2026· Cloud and compute
Nscale: investment pledge — Nscale said it would bring over 100,000 NVIDIA Vera Rubin-generation GPUs to Europe from 2027, including UK sites. Buys or funds: Over 100,000 NVIDIA Vera Rubin NVL72 and Grace Blackwell GPUs for European customers, deployed across UK and Norway sites in 2027; Microsoft named anchor customer.investment pledge · NVIDIA
Deal16 March 2026· Labs
Hiverge: partnership — Hiverge works with NVIDIA, Quantinuum and AWS on quantum algorithm discovery. For: Hive used to search for quantum algorithms for combinatorial optimisation, simulated on NVIDIA GPUs on AWS and tested on Quantinuum hardware.partnership · NVIDIA; Quantinuum; AWS
Deal16 March 2026· Labs
Wayve: partnership — Wayve and Nissan showed a robotaxi prototype built on NVIDIA DRIVE Hyperion. For: Robotaxi prototype for Uber trials shown at NVIDIA GTC 2026.partnership · Nissan; NVIDIA (DRIVE Hyperion)
Deal16 March 2026· Labs
AlphaFold Protein Structure Database: partnership — Four partners add millions of predicted protein complexes to the AlphaFold Database. For: Calculation of 30 million protein complexes; 1.7 million high-confidence homodimers added to the database (heterodimers added 19 May 2026). Other investors: EMBL-EBI; NVIDIA; Seoul National University.partnership · Google DeepMind
Deal13 March 2026· Investors
Nscale: funding round 1.5bn GBP — Nscale (AI data centres and cloud) raised £1.5bn (Series C), reported by UKTN weekly roundup.funding round · Aker ASA, 8090 Industries, Nvidia, Dell Technologies and others
Deal13 March 2026· Labs
PhysicsX: partnership — PhysicsX powers GB1's America's Cup design For: Britain's America's Cup challenge yacht design.partnership · GB1
Deal12 March 2026· Data centres
Elsham Tech Park, North Lincolnshire: investment pledge £10bn — North Lincolnshire approves up to 1GW AI campus at Elsham; up to £10bn private investment (article date; decision date not given).investment pledge · Elsham Tech Park Ltd (Greystoke)
Deal12 March 2026· Software and tools
Hadean: funding round — Bridge round, total undisclosedfunding round · British Business Bank (£2.1m); Booz Allen Ventures; Entrepreneur First; Twin Track Ventures
Deal12 March 2026· Start-ups
Hadean: funding round £2.1m — Bridge round (total undisclosed; figure is British Business Bank share)funding round · British Business Bank; Booz Allen Ventures; Entrepreneur First; Twin Track
Deal12 March 2026· Start-ups
Hadean: funding round total not disclosed (BBB £2.1m) GBP — Bridge round towards Series B for AI conflict-simulation firm.funding round · British Business Bank (£2.1m confirmed); also Booz Allen Ventures, Entrepreneur First, Twin Track Ventures
Deal12 March 2026· Labs
Wayve: partnership — Wayve, Uber and Nissan signed an MoU to develop robotaxis, starting with a Tokyo pilot. For: Memorandum of understanding on robotaxis; Tokyo pilot planned late 2026.partnership · Uber; Nissan
Deal11 March 2026· Start-ups
Outpost: funding round US$17.5m (≈ £13.1m) — Series A for an AI engine that applies tax and customs rules for cross-border merchants.funding round · Ribbit (lead); Better Tomorrow Ventures; angels
Deal11 March 2026· Labs
PhysicsX: partnership — PhysicsX moved model training and customer deployment onto CoreWeave's GPU cloud. For: PhysicsX platform and pre-trained models run on CoreWeave; customers train private Large Physics Models there.partnership · CoreWeave
Deal11 March 2026· Labs
PhysicsX: partnership — Compute partnership For: High-performance compute for physics AI.partnership · CoreWeave
Deal10 March 2026· Labs
Antiverse: partnership — Antiverse and the Cystic Fibrosis Foundation team up on antibodies For: Research agreement to develop new antibodies.partnership · Cystic Fibrosis Foundation
Deal10 March 2026· Labs
Antiverse: partnership — Antiverse and the Cystic Fibrosis Foundation agreed to develop new antibodies. For: antibodies against the extracellular region of CFTR.partnership · Cystic Fibrosis Foundation
Deal9 March 2026· Start-ups
Augur: funding round US$15m (≈ £11.2m) — Plural led Augur's roundfunding round · Plural (BIZ-INV-013) lead
Deal9 March 2026· Start-ups
Isembard: funding round US$50m (≈ £37.3m) — Series Afunding round · Union Square Ventures
Deal9 March 2026· Start-ups
Augur: funding round US$15m (≈ £11.2m) — Round with First Kind, SNR, Flix, Tiny VCfunding round · Plural
Deal9 March 2026· Start-ups
Augur: funding round 15,000,000 (£11.2m) USD — Investment round for London defence-focused AI start-up.funding round · Plural (with First Kind, SNR, Flix, Tiny VC)
Deal9 March 2026· Cloud and compute
Newcastle University: gpu purchase — Newcastle University deployed the Comet HPC system with OCF. Buys or funds: Lenovo servers, NVIDIA GPUs, Lustre storage. Other investors: Lenovo (hardware).gpu purchase · BIZ-CLD-5004 OCF
Deal9 March 2026· Cloud and compute
Comet, Newcastle University: site opening — OCF case study on Newcastle's Comet system. Buys or funds: Lenovo and NVIDIA HPC system with Lustre. Other investors: NVIDIA.site opening · OCF (BIZ-CLD-6001); Lenovo (BIZ-INV-2158)
Deal6 March 2026· Investors
Oxa: funding round 77m GBP — Oxa (autonomous driving software (sector labelled AI/mobility)) raised £77m (Series D), reported by UKTN weekly roundup.funding round · National Wealth Fund, NVentures, IP Group, Hostplus and others
Deal4 March 2026· Start-ups
Oxa: funding round US$103m (≈ £77.1m) — Oxa, which makes self-driving software for industrial vehicles, closed the first part of its Series D at $103m, including an initial $50m commitment from the National Wealth Fund. A second close was not confirmed.funding round · National Wealth Fund (largest named commitment; no lead stated)
Deal4 March 2026· Start-ups
Oxa: funding round US$50m (≈ £37.4m) — NWF initial commitment to Oxa's US$103m Series D first closefunding round · National Wealth Fund (BIZ-INV-005)
Deal4 March 2026· Start-ups
Oxa: funding round US$103m (≈ £77.1m) — Series D first closefunding round · National Wealth Fund (US$50m initial commitment); NVentures, IP Group, Hostplus, bp Ventures
Deal4 March 2026· Start-ups
Mutable Tactics: funding round US$2.1m (≈ £1.6m) — Pre-seed with NSSIFfunding round · Seraphim Space
Deal4 March 2026· Start-ups
Mutable Tactics: funding round 2,100,000 (£1.57m) USD — Pre-seed round for drone-fleet coordination software.funding round · Seraphim Space (with NSSIF, Koro, Entrepreneurs First, Transpose)
Deal4 March 2026· Start-ups
Gentian: grant £80,000 — Credits for AI satellite analysis of wildlife habitats.grant · Defra / Space Commercialisation Credits (seven winners share £560,000)
Deal4 March 2026· Labs
Fundamental AI Research Lab (DSIT and UKRI): government contract up to 40,000,000 GBP — Government opens a funding call for a new fundamental AI research lab. (Kind as written: government_contract (grant call; nearest listed kind).) For: Six years of fundamental AI research, plus in-kind AI Research Resource compute "worth tens of millions of pounds".government contract · Department for Science, Innovation and Technology; UKRI (EPSRC)
Deal4 March 2026· Labs
Wellcome Sanger Institute AI genomics (Generative and Synthetic Genomics programme): grant — Google DeepMind funds a genomics-and-AI fellow at the Sanger; applications closed June 2026, fellow to be named winter 2026/27. For: One fully funded three-year Google DeepMind Fellowship in Genomics and AI at Sanger.grant · Google DeepMind (Academic Fellowship Programme)
Deal4 March 2026· Labs
InstaDeep: partnership — InstaDeep signed a strategic partnership with pump maker Wilo. For: AI for water technology.partnership · Wilo Group
Deal3 March 2026· Start-ups
Antiverse: funding round US$9.3m (≈ £7m) — Series A; DBW invested from Wales Technology Seed Fund II (amount not stated)funding round · Development Bank of Wales (BIZ-INV-052); Innovation Investment Capital (BIZ-INV-053)
Deal3 March 2026· Start-ups
Antiverse: funding round US$9.3m (≈ £7m) — Series A for AI-designed antibodies.funding round · Soulmates Ventures
Deal3 March 2026· Start-ups
Bindbridge: funding round US$3.8m (≈ £2.9m) — Funding for an AI platform designing molecular glues for crop protection.funding round · Speedinvest; Nucleus Capital
Deal2 March 2026· Software and tools
Seldon: wind down — Seldon Technologies Limited resolved to wind up (20 February 2026); voluntary liquidator appointed 2 March 2026.wind down · FRP Advisory (liquidator)
Deal2 March 2026· Start-ups
Optik AI: funding round £600,000 — Equity under Invest NI's access to finance programmefunding round · Techstart Ventures (Invest NI)
Deal2 March 2026· Start-ups
TileBio: funding round £1.6m — Seed round at launch, with Scottish Enterprise and GU Holdings.funding round · Twin Path Ventures
Deal2 March 2026· Established firms
Reach plc: major contract — AI content deal between Reach and Amazon.major contract · Amazon Web Services
Deal2 March 2026· Software and tools
Versori: acquisition — Avalara bought Manchester integration start-up Versori; founders stay. Buys or funds: Integration platform.acquisition · Avalara
Deal1 March 2026· Start-ups
Earth Blox: funding round £6m — Round with Scottish Enterprise and Archangelsfunding round · PXN Ventures
Deal1 March 2026· Start-ups
Entourage AI: funding round US$5m (≈ £3.7m) — Pre-seed with GU Holdings and angelsfunding round · Provision
Deal1 March 2026· Start-ups
TileBio: funding round £1.6m — Seed with Scottish Enterprise and GU Holdingsfunding round · Twin Path Ventures
DealMarch 2026· Labs
Latent Labs: partnership — Latent Labs partners with NVIDIA and Nebius For: Compute partnership (announced March 2026, per trade).partnership · NVIDIA and Nebius
Deal27 February 2026· Investors
Wayve: funding round 888m GBP — Wayve (autonomous driving software (sector labelled AI)) raised £888m (Series D), reported by UKTN weekly roundup.funding round · Eclipse, Balderton, SoftBank, Microsoft and others
Deal26 February 2026· Software and tools
Encord: funding round US$60m (≈ £44.4m) — Series C; total funding US$110m.funding round · Wellington Management
Deal26 February 2026· Software and tools
SolveAI: funding round US$45m (≈ £33.3m) — Series A, with a previously undisclosed US$5m seed led by Accel.funding round · GV (Google Ventures)
Deal26 February 2026· Labs
OpenAI London research hub: uk office opening — OpenAI names London its largest research hub outside San Francisco.uk office opening · OpenAI
Deal26 February 2026· Cloud and compute
UKRI National Compute Resources (NCR): compute grant £76m — UKRI put £76m into four new national research computers, two of them GPU systems. Buys or funds: Four NCR systems: Birmingham (GPU), Cambridge (GPU), Edinburgh (CPU), UCL (CPU); equipment plus five years of service to 2031.compute grant · UKRI
Deal26 February 2026· Cloud and compute
Charger (UCL-led National Compute Resource): compute grant £19.5m — UCL-led NCR award (UKRI quote on same page gives £19.4m). Buys or funds: Equipment and five years of service to 2031; more than 37,000 CPU cores. Other investors: HPE (supplier); DataVita (host).compute grant · UKRI
Deal26 February 2026· Software and tools
Callosum: funding round US$10.2m (≈ £7.6m) — 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.funding round · Plural (lead)
Deal25 February 2026· Labs
Wayve: funding round US$1.20bn (≈ £886.7m) — Wayve, which makes self-driving software for cars, raised a $1.2bn Series D at an $8.6bn post-money valuation; Wayve puts total capital secured at $1.5bn including milestone-based investment from Uber. TechCrunch published the story at 16:37 PST on 24 February.funding round · Eclipse, Balderton, SoftBank Vision Fund 2 (co-leads)
Deal25 February 2026· Labs
Wayve: funding round US$1.20bn (≈ £886.7m) — Series Dfunding round · Eclipse, Balderton, SoftBank Vision Fund 2
Deal25 February 2026· Labs
BeyondMath: funding round US$10m (≈ £7.4m) — Seed extension (£7.4m); completed seed £13.8mfunding round · Cambridge Innovation Capital
Deal25 February 2026· Cloud and compute
UKRI National Compute Resources (NCR): compute grant £76m — UKRI's first major Compute Roadmap investment; NCRs to run by Autumn 2026. Buys or funds: Four NCRs: Edinburgh (Cirrus), Birmingham (Baskerville), Cambridge (GPU system), UCL (Charger).compute grant · UKRI
Deal25 February 2026· Cloud and compute
Cirrus: compute grant £19.5m — NCR award to enhance and expand Cirrus. Buys or funds: Expansion of the CPU-only Cirrus system at EPCC.compute grant · UKRI
Deal25 February 2026· Software and tools
Trace: funding round US$3m (≈ £2.2m) — YC page lists a TechCrunch headline that Trace raised $3M.funding round · not named
Deal25 February 2026· Labs
Wayve: funding round not stated (package $1.5B incl. $1.2B Series D, DEAL-LAB-005) USD — Uber added milestone-based capital on top of Wayve's $1.2B Series D, a $1.5B package. For: Scaling Wayve-powered robotaxi deployments. Valuation reported: $8.6B post-money.funding round · Uber (milestone-based capital, alongside Series D)
Deal25 February 2026· Labs
BeyondMath: partnership US$19m (≈ £14m) — BeyondMath works with Honeywell on STRATA, described as a $19m, three-year project. For: STRATA, a three-year project.partnership · Honeywell
Deal25 February 2026· Labs
Chemify: partnership — Chemify and Sanacor collaborate on cardiometabolic drugs For: Small-molecule therapies for cardiometabolic diseases.partnership · Sanacor
Deal24 February 2026· Start-ups
Brainomix: funding round £4.8m — Series C extension with Modi Ventures; round total £18.8m.funding round · Parkwalk Advisors and Hostplus (IP Group Hostplus Innovation Fund)
Deal24 February 2026· Cloud and compute
Ori: merger not disclosed — Ori merged into Brookfield-backed Radiant. Buys or funds: Joins Ori's AI cloud platform with Radiant's powered land and capital; Radiant to keep running the Ori Global AI Cloud. Other investors: Brookfield AI Infrastructure Fund (BAIIF).merger · Radiant (BIZ-CLD-3006), a Brookfield portfolio company
Deal20 February 2026· Investors
Fyld: funding round 32m GBP — Fyld (AI risk analysis of worksite video) raised £32m (Series B), reported by UKTN weekly roundup.funding round · Energy Impact Partners, Partech
Deal20 February 2026· Investors
Klaris: funding round £730,000 — Klaris (AI regulatory-approval tool) raised £730,000 (Pre-seed), reported by UKTN weekly roundup.funding round · Meridian Health Ventures
Deal20 February 2026· Investors
Made With Intent: funding round 2.4m GBP — Made With Intent (AI ecommerce customer insight) raised £2.4m (Seed), reported by UKTN weekly roundup.funding round · PXN Ventures
Deal19 February 2026· Start-ups
Stacks: funding round US$23m (≈ £17.1m) — Series A for an agentic AI platform for enterprise finance teams.funding round · Lightspeed Ventures (lead); EQT Ventures; General Catalyst; S16VC
Deal19 February 2026· Safety
The Alignment Project: grant £27m — First-round awards of £27m to 60 alignment research projects, including £12m of new funding.grant · 60 grantees, including LawZero (Yoshua Bengio's non-profit)
Deal19 February 2026· Safety
The Alignment Project: investment pledge £5.6m — OpenAI's contribution to the Alignment Project fund, reported in AISI's first-round announcement.investment pledge · OpenAI
Deal19 February 2026· Labs
The Alignment Project: grant 27,000,000 in total, incl. 12,000,000 new GBP reported — AISI's Alignment Project funds 60 projects and adds partners, taking the fund to £27m For: First 60 alignment research grants, chosen from 800+ applications. Other investors: New partners: OpenAI (£5.6m), Microsoft, Australian AI Safety Institute, AI Safety Tactical Opportunities Fund, Sympatico Ventures, Renaissance Philanthropy.grant · AI Security Institute
Deal18 February 2026· Start-ups
Fyld: funding round £32m — Series B for AI that assesses job-site risk from worker videos.funding round · Energy Impact Partners (lead); Partech
Deal17 February 2026· Start-ups
Klaris: funding round US$1m (≈ £740,576) — Pre-seed with Antler, Vento Ventures, Alecla7 and angels.funding round · Meridian Health Ventures
Deal17 February 2026· Software and tools
SurrealDB: funding round US$23m (≈ £17m) — Series A extension for a multi-model database built for AI systems.funding round · Chalfen Ventures; Begin Capital; FirstMark; Georgian
Deal16 February 2026· Labs
The Alan Turing Institute (AI assurance and security work): grant £1.2m reported — A Dstl–EPSRC sandpit funds a £1.25m Turing-led AI project for intelligence analysts. For: AiTASHA: two-year explainable-AI programme to help intelligence analysts choose which data to review and collect. Other investors: Partners: University of Warwick; University of Southampton; Heriot-Watt University; Cardiff University.grant · Dstl and EPSRC (co-invested sandpit)
Deal13 February 2026· Investors
Electric Twin: funding round 10m GBP — Electric Twin (AI synthetic audiences for market research) raised £10m (Seed), reported by UKTN weekly roundup.funding round · Atomico, LocalGlobe, Mercuri, Samos Investments
Deal12 February 2026· Software and tools
Stanhope AI: funding round US$8m (≈ £5.9m) — Round for brain-inspired AI tested in drone piloting and robotics.funding round · Frontline Ventures (lead); Paladin Capital Group; Auxxo; UCL Technology Fund; MMC Ventures
Deal12 February 2026· Labs
Chemify: funding round — Japanese materials firm Zeon invests in Chemify For: Automated molecular design and synthesis for new materials.funding round · Zeon Corporation (strategic investment)
Deal11 February 2026· Start-ups
Occam: funding round £2.6m — Pre-seed for software-only autonomy for drones tested with Ukraine's military.funding round · Presto Tech Horizons, Antler, Freedom Fund, TYR.vc
Deal11 February 2026· Start-ups
Mozart AI: funding round US$6m (≈ £4.4m) — Seed for a music workstation with generative AI tools.funding round · Balderton Capital (lead); Mercuri; EWOR; Kevin Hartz
Deal10 February 2026· Chips and hardware
Fractile: investment pledge £100m — Planned £100m expansion of London and Bristol sites, including a hardware engineering facility.investment pledge
Deal10 February 2026· Start-ups
tem: funding round US$75m (≈ £54.8m) — Series Bfunding round · Lightspeed
Deal10 February 2026· Chips and hardware
Fractile: investment pledge £100m — £100m expansion of UK sites in London and Bristol, including a new industrial hardware engineering facility.investment pledge
Deal9 February 2026· Data centres
Pulsant: investment pledge £10m — 1.2MW high-density data hall expansion at Milton Keynes.investment pledge
Deal6 February 2026· Investors
ElevenLabs: funding round 368m GBP — ElevenLabs (AI voice generation) raised £368m (Series D), reported by UKTN weekly roundup.funding round · Sequoia, a16z, Iconiq, BroadLight and others
Deal5 February 2026· Start-ups
Decima2: funding round £480,000 — Pre-seed of £335,000 equity plus £125,000 grant for causal modelling and generative AI for marketing.funding round · Haatch; Nicolas Dessaigne; grant support
Deal4 February 2026· Labs
ElevenLabs: funding round US$500m (≈ £365.9m) — ElevenLabs, which makes AI voice and audio software, raised a $500m Series D led by Sequoia Capital, valuing it at $11bn.funding round · Sequoia Capital
Deal4 February 2026· Labs
ElevenLabs: funding round US$500m (≈ £365.9m) — Series Dfunding round · Sequoia Capital
Deal4 February 2026· Start-ups
Polaron: funding round US$8m (≈ £5.9m) — Round of £5.85m with Speedinvest, Futurepresentfunding round · Racine2
Deal2 February 2026· Labs
MatNex (Materials Nexus): government contract undisclosed (part of £8m UKAEA commitment to UK firms) GBP reported — UKAEA awarded MatNex a contract for project SHINE. For: project SHINE (shielding and fusion fuel technology).government contract · UKAEA
Deal1 February 2026· Services and skills
i.AI Augmented Planning Decisions contract (Google DeepMind, Google Cloud, Faculty): major contract — Contract for AI planning-decision software; Faculty delivery partnermajor contract · i.AI (DSIT) and MHCLG; Google DeepMind, Google Cloud, Faculty
DealFebruary 2026· Cloud and compute
ARIA Scaling Inference Lab: grant £50m — ARIA investment in a new lab on scaling AI inference.grant · ARIA
DealFebruary 2026· Cloud and compute
Baskerville GPU National Compute Resource: compute grant £18m — Birmingham's NCR award to host the Baskerville GPU resource. Buys or funds: Liquid-cooled, GPU-centric Lenovo system, launch 2027. Other investors: Lenovo (supplier).compute grant · UKRI
DealFebruary 2026· Cloud and compute
DataVita: capacity contract — Scottish data-centre firm to host UCL's national compute resource. Buys or funds: Hosting of Charger at DataVita's Lanarkshire campus.capacity contract · UCL (customer)
Deal29 January 2026· Data centres
Lanarkshire AI Growth Zone campus (DataVita DV1 and DV3, Chapelhall): investment pledge £8.20bn — Lanarkshire named AI Growth Zone; £8.2bn private investment zone-wide.investment pledge · DataVita; CoreWeave
Deal29 January 2026· Start-ups
Automata: funding round US$45m (≈ £32.7m) — Series C with Danaher as strategic investorfunding round · Dimension
Deal29 January 2026· Labs
Centre for AI Measurement (National Physical Laboratory): grant £10.5m reported — Government backs NPL's new Centre for AI Measurement with £10.5m For: A national centre for measurement science in AI testing and assurance.grant · UK Government (DSIT AI Assurance Innovation Fund)
Deal28 January 2026· Services and skills
TechLocal: investment pledge 27,000,000 (over four years) GBP — TechLocal stated as £27m over four years; two grant competitions of up to £7.6m and £7.8m.investment pledge · Department for Science, Innovation and Technology
Deal28 January 2026· Labs
ElevenLabs: partnership — Revolut deployed ElevenLabs voice agents for customer support in the UK and Europe. For: Voice agents as first line of support for over 4 million UK and European customers, 31+ languages.partnership · Revolut (customer)
Deal28 January 2026· Labs
Prima Mente: partnership — Goodfire and Prima Mente used interpretability methods on Pleiades to identify DNA fragment-length biomarkers. For: Interpretability study on Pleiades to find Alzheimer's biomarkers.partnership · Goodfire
Deal27 January 2026· Big tech in the UK
Anthropic–UK government memorandum of understanding and GOV.UK assistant: major contract — Selected to help build an AI assistant for GOV.UKmajor contract · Department for Science, Innovation and Technology; Government Digital Service
Deal27 January 2026· Start-ups
Flowla: funding round US$2.5m (≈ £1.8m) — Seed for AI automation for sales and customer success teams.funding round · Revo Capital (lead); AI Startup Factory, Turkiye Development Fund, APY Ventures and angels
Deal26 January 2026· Data centres
Dawn, Cambridge: investment pledge £36m — Government funds sixfold expansion of Dawn with AMD MI355X GPUs.investment pledge · UK Government
Deal26 January 2026· Labs
Synthesia: funding round US$200m (≈ £145.9m) — Synthesia, which makes AI video with digital presenters, raised a $200m Series E at a $4bn valuation, led by GV.funding round · GV (Google Ventures)
Deal26 January 2026· Start-ups
Orbital: funding round US$60m (≈ £43.8m) — Series Bfunding round · Brighton Park Capital
Deal26 January 2026· Big tech in the UK
Dell Technologies (UK): major contract £36m — Government funding of £36m to raise Cambridge's Dawn AI supercomputing capacity sixfold by spring 2026, using Dell servers and AMD MI355X GPUs (contract value not published).major contract · University of Cambridge; AMD
Deal26 January 2026· Start-ups
Finspector: grant £50,000 — Award in FRIL consumer-wealth innovation call.grant · Financial Regulation Innovation Lab (FinTech Scotland, with SuperTech WM)
Deal26 January 2026· Start-ups
Planda: grant £50,000 — Award in FRIL consumer-wealth innovation call.grant · Financial Regulation Innovation Lab (FinTech Scotland, with SuperTech WM)
Deal26 January 2026· Start-ups
Amplified Global: grant £50,000 — Award in FRIL consumer-wealth innovation call.grant · Financial Regulation Innovation Lab (FinTech Scotland, with SuperTech WM)
Deal26 January 2026· Start-ups
Afternoon (Afternoon Finance): grant £50,000 — Award in FRIL consumer-wealth innovation call.grant · Financial Regulation Innovation Lab (FinTech Scotland, with SuperTech WM)
Deal26 January 2026· Cloud and compute
Zenith, University of Cambridge: grant £36m — Investment in Cambridge AI compute: Sector Plan calls it the new Zenith supercomputer; the 26 January 2026 release describes a sixfold Dawn expansion with Dell and AMD MI355X GPUs.grant · DSIT
Deal26 January 2026· Cloud and compute
Dawn, Cambridge: gpu purchase — (inside £36m, DEAL-CLD-2025) — First AMD MI355X access for AIRR researchers; capacity from Spring 2026. Buys or funds: AMD Instinct MI355X in Dell PowerEdge servers. Other investors: Dell Technologies (BIZ-BIG-2032); StackHPC (BIZ-CLD-2081).gpu purchase · AMD (BIZ-BIG-2012)
Deal26 January 2026· Labs
Synthesia: secondary sale not disclosed — Synthesia ran an employee share sale with NASDAQ at its $4B valuation. For: Liquidity for long-serving staff alongside the $200M Series E (DEAL-LAB-008). Valuation reported: $4B. [Labs Round 7] Employee share sale (tender offer): existing shares sold, not money raised.secondary sale · NASDAQ (employee secondary sale)
Deal22 January 2026· Chips and hardware
Optalysys: funding round £23m — Series A extension ahead of US expansion.funding round · Northern Gritstone (lead)
Deal22 January 2026· Start-ups
Kheiron Medical Technologies (now DeepHealth UK): rename — UK company renamed DeepHealth UK Limited.rename · DeepHealth UK Limited
Deal21 January 2026· Start-ups
Antidote: funding round US$5m (≈ £3.7m) — Seedfunding round · Lakestar
Deal20 January 2026· Established firms
HSBC Holdings plc: major contract — Pilot of Harvey's legal AI platform in HSBC Global Legal.major contract · Harvey
Deal20 January 2026· Services and skills
Firetail Limited: major contract £19,793 — Research contract on AI search tools and website traffic, February to March 2026.major contract · Department for Science, Innovation and Technology
Deal20 January 2026· Labs
Isomorphic Labs: partnership — Isomorphic signs a cross-modality research deal with Johnson & Johnson. For: Multi-target research using Isomorphic's design engine across small molecules, antibodies, peptides and molecular glues.partnership · Johnson & Johnson
Deal19 January 2026· Chips and hardware
OLIX (formerly Flux Corp): rename — Flux Corp Ltd renamed OLIX Computing Limited.rename
Deal19 January 2026· Start-ups
Elyos AI: funding round US$13m (≈ £9.7m) — Series A with Y Combinator and Pi Labsfunding round · Blackbird Ventures
Deal19 January 2026· Software and tools
Human Native: acquisition — Cloudflare bought the London AI data marketplace that turns content into licensable datasets; price undisclosed.acquisition · Cloudflare
Deal14 January 2026· Labs
ElevenLabs: partnership — Deutsche Telekom put ElevenLabs voice agents into its customer service. For: ElevenLabs voice agents in Deutsche Telekom customer service.partnership · Deutsche Telekom
Deal14 January 2026· Labs
UK Atomic Energy Authority (UKAEA) fusion AI and computing programme: partnership — digiLab's models let UKAEA explore reactor designs around 100,000 times faster (company figure). For: Machine-learning models with quantified uncertainty for plasma turbulence, and Bayesian optimisation of sensor placement, for STEP.partnership · digiLab (BIZ-SU-OTH-506)
Deal12 January 2026· Labs
Basecamp Research: funding round — NVIDIA investment confirmed alongside the EDEN model release (headline only). For: EDEN programmable gene-insertion models. Other investors: — (an FT headline says Nvidia and Microsoft "back" the work; Microsoft investment not confirmed).funding round · NVIDIA
Deal8 January 2026· Labs
Boltz: funding round US$28m (≈ £20.8m) — Boltz launches as a public benefit corporation with a $28m seed. For: seed; launch of Boltz PBC and Boltz Lab. Other investors: Factorial Capital; Obvious Ventures; angels incl. Clement Delangue.funding round · Zetta; Amplify; a16z (lead not stated)
Deal8 January 2026· Labs
Boltz: partnership — Boltz and Pfizer sign a multi-year strategic collaboration; Pfizer keeps ownership of compounds. For: multi-year access to Boltz Lab and custom models for Pfizer scientists.partnership · Pfizer
Deal6 January 2026· Big tech in the UK
Faculty (acquired by Accenture): acquisition — Accenture agrees to buy Faculty; terms not disclosedacquisition · Accenture
Deal6 January 2026· Big tech in the UK
Faculty (acquired by Accenture): acquisition — Accenture agreed to buy Faculty, a London AI company with over 400 AI staff; terms not disclosed. Completed 16 March 2026.acquisition · Accenture
Deal6 January 2026· Safety
Faculty AI evaluations and red teaming: acquisition — Accenture agreed to acquire Faculty; terms and completion not stated (may duplicate a Big tech page deal)acquisition · Accenture
Deal6 January 2026· Services and skills
Faculty (services view; acquired by Accenture): acquisition — Accenture agreed to buy Faculty (completed 2026-03-16; see DEAL-SVC-014)acquisition · Accenture
Deal6 January 2026· Software and tools
Faculty (Faculty Frontier): acquisition — Accenture agreed to acquire Faculty; Accenture plc recorded as owner from 12 March 2026.acquisition · Accenture
Deal1 January 2026· Cloud and compute
Fluidstack: funding round US$830m (≈ £617.1m) — Series A at a $7.5bn valuation.funding round · Situational Awareness
Deal1 January 2026· Labs
Stability AI: uk office closure — London office closed; focus moved to the US (Los Angeles)uk office closure
Deal1 January 2026· Start-ups
Multiverse: acquisition — Multiverse acquired Berlin-based StackFuelacquisition · StackFuel (target, Berlin)
Deal1 January 2026· Start-ups
Electric Twin: funding round £10m — Round earlier in 2026 (month not given)funding round · Atomico
Deal1 January 2026· Start-ups
Hypervision Surgical: funding round £17m — King's reports the spin-out "recently raised £17 million".funding round
DealJanuary 2026· Software and tools
Parloa (UK office): funding round US$350m (≈ £260.2m) — Parloa closed a $350m (£260m) Series D at a $3bn valuation.funding round · not named
Deal2026· Cloud and compute
Nscale: funding round US$2bn (≈ £1.49bn) — Series C at a $14.6bn valuation, including a pre-Series C SAFE.funding round · Aker ASA and 8090 Industries (leads)
Deal2026· Cloud and compute
Nscale: funding round US$1.40bn (≈ £1.04bn) — GPU-backed delayed draw term loan reported alongside the Series C.funding round · Pimco; Blue Owl; LuminArx Capital Management (lenders)
Deal2026· Cloud and compute
UKAEA fusion energy supercomputer: grant £45m — Funding to build a supercomputer for fusion energy research, due later in 2026.grant · DSIT / UK Atomic Energy Authority
Deal2026· Cloud and compute
ANS (ANS Group): investment pledge £3m — ANS announced £3m of funding for UK businesses' AI transformation projects. Buys or funds: AI transformation projects via ANS AI workshops.investment pledge · UK businesses (recipients)
Deal2026· Software and tools
BIZ-SW-5025 Hessian: funding round — Hessian joined Y Combinator. Buys or funds: YC Spring 2026 batch.funding round · Y Combinator
Deal2026· Labs
Prima Mente: partnership — Nebius supplies reserved GPU compute to Prima Mente; pre-training throughput rose 12%. For: Reserved 32-GPU NVIDIA H200 cluster for Pleiades pre-training and scaling.partnership · Nebius (BIZ-BIG-021)
Deal29 December 2025· Start-ups
Kraken: funding round US$1bn (≈ £740.7m) — New and existing investors bought about $1bn of Kraken equity, led by D1 Capital Partners with Fidelity International, Durable Capital Partners and Ontario Teachers' Pension Plan; release published by OTPP on 5 January 2026.funding round · D1 Capital Partners
Deal29 December 2025· Start-ups
Kraken: funding round US$1bn (≈ £740.7m) — c. US$1bn of Kraken equity sold to investors; Octopus keeps 13.7%funding round · D1 Capital Partners; Fidelity International; Durable Capital Partners; Ontario Teachers'
Deal24 December 2025· Start-ups
ScrubMarine: funding round US$1m (≈ £740,357) — Funding for autonomous robots for maritime inspection and maintenance.funding round · PXN Ventures; SFC Capital; angels
Deal19 December 2025· Investors
PolyAI: funding round 64.3m GBP — PolyAI (AI voice agents for customer service) raised £64.3m (Series D), reported by UKTN weekly roundup.funding round · British Business Bank, Georgian, Hedosophia, Khosla Ventures and others
Deal18 December 2025· Big tech in the UK
Qualcomm (UK) — Alphawave Semi: acquisition — Acquisition of Alphawave IP Group plc completedacquisition · Qualcomm Incorporated
Deal18 December 2025· Chips and hardware
Alphawave Semi: acquisition — Completion of the acquisition; Tony Pialis to lead Qualcomm's data-centre business.acquisition · Qualcomm Incorporated
Deal18 December 2025· Labs
PhysicsX: partnership — PhysicsX selected for Microsoft's Agentic Launchpad For: Selection for Microsoft programme.partnership · Microsoft (Agentic Launchpad programme)
Deal17 December 2025· Start-ups
Ankar: funding round US$20m (≈ £14.9m) — Series A for an AI platform covering the patent lifecycle.funding round · Atomico (lead); Index Ventures; Norrsken VC; Daphni
Deal17 December 2025· Services and skills
PA Consulting Services Limited (AI work): major contract £78,000 — Ofsted "Agentic AI Support" contract, a G-Cloud 14 call-off, December 2025 to February 2026.major contract · Ofsted
Deal15 December 2025· Labs
PolyAI: funding round US$86m (≈ £64.2m) — Series Dfunding round · Georgian, Hedosophia, Khosla Ventures
Deal15 December 2025· Established firms
Tesco and Mistral AI three-year generative AI agreement: major contract — Tesco signs a three-year generative AI agreement with Mistral AI, including a joint AI lab.major contract · Mistral AI (BIZ-BIG-008)
Deal15 December 2025· Cloud and compute
Nscale: acquisition — Nscale bought data-centre engineering firm Future-tech to speed up building its sites. Buys or funds: About 60 staff: designers, engineers, project managers and operators; price not disclosed; Future-tech described as "Based in Europe".acquisition · Future-tech (data-centre design, build and management consultancy)
Deal12 December 2025· Services and skills
Crown Commercial Service Technology Services 4 framework (RM6190): major contract — Framework signed with 375 suppliers including most firms on this pagemajor contract · Crown Commercial Service
Deal12 December 2025· Start-ups
Matta: funding round US$14m (≈ £10.5m) — Seedfunding round · Lakestar; Giant Ventures
Deal11 December 2025· Established firms
Aviva and hyperexponential AI underwriting partnership: major contract — Full suite of hx AI pricing tools for Global Corporate & Specialtymajor contract · hyperexponential
Deal11 December 2025· Cloud and compute
Calder, University of Leeds: gpu purchase — Leeds buys its next HPC from MTI on Dell hardware. Buys or funds: 56 NVIDIA H200; 12,228 AMD cores; 5.4 PB Lustre. Other investors: Dell Technologies (hardware); Cambridge Research Computing (support).gpu purchase · MTI (BIZ-CLD-6004)
Deal11 December 2025· Labs
Google DeepMind: partnership — Google DeepMind signed a new MoU with AISI on safety research. For: MoU on foundational safety and security research: chain-of-thought monitoring, socio-affective harms, economic simulation.partnership · UK AI Security Institute (record BIZ-SAFE-2085)
Deal10 December 2025· Start-ups
Robin AI: acquisition — Scissero bought Robin AI's managed-services teamacquisition · Scissero (BIZ-SU-LEG-002)
Deal10 December 2025· Start-ups
Bolt Insight: funding round £7m — Round for AI-moderated consumer research (BoltChatAI).funding round · Pembroke VCT (lead); 212; Active Partners; Velocity; TIBAS Ventures
Deal10 December 2025· Investors
Matta: funding round 14m USD — Matta (AI for factory production lines) raised $14m (Seed), reported by tech.eu.funding round · Lakestar, Giant Ventures, RedSeed VC, InMotion Ventures and others
Deal10 December 2025· Labs
Google DeepMind: partnership — Google DeepMind widened its partnership with the UK government across science, education, public services and security. For: UK automated materials lab (2026); priority access to four AI-for-science models for UK scientists; education, public services (i.AI Extract) and national-security work.partnership · UK government (record BIZ-BIG-2009)
Deal10 December 2025· Labs
Wayve: partnership — Nissan and Wayve signed definitive agreements for next-generation driver assistance. For: Wayve AI driving software in next-generation ProPILOT driver assistance; first model in Japan in fiscal 2027.partnership · Nissan
Deal10 December 2025· Labs
Google DeepMind UK automated materials science lab: partnership — Google DeepMind commits to open an automated materials science lab in the UK in 2026. For: Google DeepMind's first automated lab in the UK (planned 2026), within an expanded partnership with the UK government.partnership · UK government
Deal10 December 2025· Labs
Google DeepMind: partnership — DeepMind–UK government partnership (record already on site as BIZ-BIG-2009; deal row only) For: Science model access; first UK automated lab (2026); AISI, cyber and education work.partnership · UK Government
Deal9 December 2025· Big tech in the UK
Anduril UK: partnership — Teaming agreement with GKN Aerospace (Cowes, Isle of Wight) and Archer to bid for the MoD's Project NYX, supporting 100+ UK engineering jobs. (Big tech file line 108; no source link given.)partnership · GKN Aerospace; Archer
Deal5 December 2025·
Azoma (new): funding round US$4m (≈ £3m) — Pre-Series A for a platform helping retailers gain visibility in AI search.funding round · Ignite Ventures, Rank Ventures, eBay Ventures x Techstars, Twinpath, MaRS IAF; angels
Deal3 December 2025· Established firms
LSEG and OpenAI collaboration: major contract — MCP connector for ChatGPT; ChatGPT Enterprise for about 4,000 LSEG staffmajor contract · OpenAI
Deal3 December 2025· Start-ups
Searchable: funding round US$4m (≈ £3m) — Seed for tools showing how large language models read and rank brand content.funding round · Freestyle VC (lead)
Deal3 December 2025· Start-ups
Modo Energy: funding round £25m — Series B for AI-powered software that values batteries, renewables and other electrification assets.funding round · Molten Ventures (lead); ETF Partners; MMC Ventures; Fred. Olsen Limited
Deal3 December 2025· Start-ups
Crediflow AI: funding round £200,000 — PraeSeed investment for AI that automates credit analysis for lenders.funding round · PXN Ventures (PraeSeed programme)
Deal3 December 2025·
NeuWave Technologies (new): funding round £200,000 — PraeSeed investment for AI that judges offshore safety from historical data.funding round · PXN Ventures (PraeSeed programme)
Deal3 December 2025· Start-ups
Feasibly: funding round £200,000 — PraeSeed investment for geospatial AI that assesses solar sites.funding round · PXN Ventures (PraeSeed programme)
Deal3 December 2025· Start-ups
Revela (formerly Spotlight Health): funding round £200,000 — PraeSeed investment for AI analysis of ultrasound scans for endometriosis.funding round · PXN Ventures (PraeSeed programme)
Deal3 December 2025· Start-ups
CogStack: spin out — King's announces CogStack as a spin-out company.spin out · King's College London
Deal3 December 2025· Labs
Mater-AI: funding round £1.5m — Round for AI thermoelectric-materials discovery.funding round · Twin Path Ventures
Deal3 December 2025· Start-ups
Anteam: grant £130,000 — Phase 2 award for AI platform matching empty transport space with demand.grant · DfT Freight Innovation Fund round 4 phase 2
Deal3 December 2025· Start-ups
SpatialCortex Technology Ltd: grant £129,840 — Phase 2 award for MOVA wearable posture monitor.grant · DfT Freight Innovation Fund round 4 phase 2
Deal3 December 2025· Start-ups
Supply Chain Analysis Ltd: grant £111,696 — Phase 2 award; tool forecasts trailer dwell times with DFDS.grant · DfT Freight Innovation Fund round 4 phase 2; partner DFDS
Deal3 December 2025· Start-ups
Zizo: grant £100,006 — Phase 2 award for Zizo Confluence with generative AI. Connected Places Catapult separately cites £130,000 from the accelerator; figures differ.grant · DfT Freight Innovation Fund round 4 phase 2
Deal3 December 2025· Cloud and compute
Argyll–SambaNova sovereign AI inference cloud: partnership — Argyll and SambaNova set a Q1 2026 launch for a UK sovereign inference cloud on SambaNova hardware. Buys or funds: SambaRack SN40-16 inference platform in existing UK data centres. Other investors: Argyll Data Development (BIZ-CLD-2049).partnership · SambaNova
Deal3 December 2025· Cloud and compute
Hartree Centre: partnership — Collaboration agreement and Joint Statement of Endeavour. Buys or funds: QRNG use cases; probabilistic computing validation (BIZ-CLD-6027).partnership · Quantum Dice
Deal2 December 2025· Labs
Frontier AI Research Lab (Thomson Reuters and Imperial College London): partnership undisclosed ("guaranteed multi-year funding") — Thomson Reuters and Imperial College London set up a five-year frontier AI lab in London. For: Five-year joint lab at Imperial: research staff, more than a dozen PhD students, access to Imperial's computing cluster.partnership · Thomson Reuters; Imperial College London
Deal1 December 2025· Chips and hardware
TeraView: listing — Listing at reported market value of US$193m; exchange and date not verifiedlisting
Deal1 December 2025· Established firms
HSBC and Mistral AI partnership: major contract — Multi-year partnership giving HSBC self-hosted access to Mistral's commercial modelsmajor contract · Mistral AI
Deal1 December 2025· Software and tools
Wayve: acquisition — Wayve bought German data quality start-up Quality Match; its CEO became Wayve director of data. Buys or funds: Data quality assurance for AI training data; 20 staff.acquisition · Quality Match (target)
DealDecember 2025· Big tech in the UK
Palantir–Ministry of Defence strategic partnership: major contract £240m — MoD contract to scale Palantir's Foundry and AIP across UK military command and intelligence work; debated in the Commons on 10 February 2026. (Big tech file line 105; no source link given.)major contract · Ministry of Defence
Deal28 November 2025· Start-ups
Tyten: funding round £750,000 — Investment in an AI platform that automates facilities-management help desks.funding round · Fuel Ventures; Concrete Ventures; Antler; angels
Deal28 November 2025· Start-ups
Whitespace: funding round £10m — Series A for sovereign AI software supplied to defence and national security bodies.funding round · Beach Equity; White Cloud
Deal28 November 2025· Start-ups
Whitespace: funding round US$13m (≈ £9.8m) — Series A of $13m (about £10m)funding round · Beach Equity and White Cloud
Deal28 November 2025· Start-ups
Whitespace: funding round £10m — Series A for Belfast sovereign-AI software provider.funding round · Beach Equity; White Cloud (lead not stated)
Deal28 November 2025· Investors
Whitespace: funding round 10m GBP — Whitespace (enterprise AI) raised £10m (Series A), reported by UKTN weekly roundup.funding round · Beach Equity, White Cloud
Deal28 November 2025· Investors
Procure AI: funding round 9.8m GBP — Procure AI (AI procurement software) raised £9.8m (Seed), reported by UKTN weekly roundup.funding round · Headline, C4 Ventures, Futury Capital
Deal28 November 2025· Labs
ARIA Safeguarded AI programme: wind down TA2 Phase 1 had planned 18,000,000 GBP — ARIA stops Safeguarded AI's TA2 after faster-than-expected frontier AI progress (Kind as written: wind_down (of one strand, TA2, not the programme).) For: Ends the planned machine-learning organisation (TA2); scope folded into an applications strand; TA1 toolkit to go open source.wind down · ARIA
Deal27 November 2025· Start-ups
Procure AI: funding round US$13m (≈ £9.8m) — Seed for AI-native procurement software with AI agents.funding round · Headline (lead); C4 Ventures; Futury Capital; angels
Deal27 November 2025· Software and tools
Neuracore: funding round US$3m (≈ £2.3m) — Round for a robot learning platform providing data infrastructure to robotics teams.funding round · Earlybird Venture Capital (lead)
Deal26 November 2025· Start-ups
Monq: funding round US$3m (≈ £2.3m) — Funding on emerging from stealth for a multi-agent AI system for supplier negotiations.funding round · Outward VC (lead); Cornerstone VC, Portfolio Ventures, Octopus Ventures, Endurance Ventures, Lakestar Halo
Deal24 November 2025· Labs
Twig Bio: grant — twig won an Innovate UK Explorers award after a UK trade mission to Japan. For: R&D relationships with Japanese partners.grant · Innovate UK (Explorers award)
Deal21 November 2025· Cloud and compute
AIRR Expansion AI Cloud Compute (£250m cloud GPU procurement): major contract £250m — Preliminary market notice to rent cloud GPUs for the AIRR, est. £250m inc VAT; no award.major contract · DSIT (buyer)
Deal21 November 2025· Investors
Vyntelligence: funding round 23m GBP — Vyntelligence (video intelligence for field engineers (sector labelled AI)) raised £23m (Series B), reported by UKTN weekly roundup.funding round · Blume Equity, Morgan Stanley Investment Management
Deal21 November 2025· Labs
ElevenLabs: partnership not disclosed (includes a strategic investment) — Liberty Global began a commercial partnership with ElevenLabs and made a strategic investment. For: Commercial partnership on voice AI across Europe plus strategic investment.partnership · Liberty Global Ventures
Deal20 November 2025· Big tech in the UK
Perplexity (UK): investment pledge £80m — London office expansion, 100 jobsinvestment pledge
Deal20 November 2025· Big tech in the UK
Cursor (UK): uk office opening — London office as European headquarters (announced)uk office opening
Deal20 November 2025· Big tech in the UK
Groq UK data centre (with Equinix): investment pledge £100m — First UK data centre, in London, backed by around £100m; Groq said on 16 Feb 2026 it had launched a UK data centre with Equinixinvestment pledge
Deal20 November 2025· Data centres
Groq UK data centre (with Equinix), London: investment pledge £100m — Groq to open its first UK data centre in London, backed by about £100m; launched with Equinix (reported 2026-02-16).investment pledge · Groq
Deal20 November 2025· Data centres
AI Pathfinder data centre, Northamptonshire: investment pledge £150m — GOV.UK: AI Pathfinder fast-tracks a £150m GPU deployment in Northamptonshire, first step of an £18bn programme.investment pledge · AI Pathfinder
Deal20 November 2025· Data centres
Vantage Data Centers (UK): investment pledge £10bn — South Wales AI Growth Zone named with Vantage and Microsoft; £10bn zone-wide.investment pledge · Microsoft; UK Government
Deal20 November 2025· Start-ups
Wootzano: collapse — Compulsory liquidation (date from Package 1; register shows "Liquidation")collapse
Deal20 November 2025· Start-ups
Vyntelligence: funding round US$30m (≈ £22.9m) — Series B for AI video intelligence for field workers in utilities, telecoms and retail.funding round · Blume Equity; Morgan Stanley Investment Management (co-leads)
Deal20 November 2025· Big tech in the UK
Groq (UK): investment pledge £100m — First UK data centre, in London, backed by around £100m.investment pledge
Deal20 November 2025· Big tech in the UK
Perplexity (UK): investment pledge £80m — £80m to expand London offices, creating 100 jobs.investment pledge
Deal20 November 2025· Big tech in the UK
Cursor (UK): uk office opening — London office to be Cursor's European headquarters.uk office opening
Deal20 November 2025· Big tech in the UK
Equinix (UK): investment pledge £4bn — £4bn to build and run a data centre campus in Hertfordshire.investment pledge
Deal20 November 2025· Big tech in the UK
Zoom: investment pledge £24m — New UK data centre to open in 2026, backed by £24m over three years.investment pledge
Deal20 November 2025· Big tech in the UK
Vantage Data Centers (UK): investment pledge £10bn — £10bn for the South Wales AI Growth Zone, unlocking at least 5,000 jobs.investment pledge · South Wales AI Growth Zone (with Microsoft)
Deal20 November 2025· Big tech in the UK
Graphcore: uk office opening — New AI development lab in Bristol, doubling headcount to 750.uk office opening · SoftBank
Deal20 November 2025· Data centres
Equinix (UK): investment pledge £4bn — Commitment to build and run the Hertfordshire data-centre campus.investment pledge
Deal20 November 2025· Data centres
Vantage Data Centers (UK) and Microsoft: investment pledge £10bn — Investment linked to the South Wales AI Growth Zone, Newport to Bridgend.investment pledge
Deal20 November 2025· Data centres
Groq (UK data centre): investment pledge 100,000,000 (about) GBP — About £100m for Groq's first UK data centre in London.investment pledge
Deal20 November 2025· Data centres
AI Pathfinder: investment pledge £150m — Initial GPU deployment in Northamptonshire, part of £18bn over five years.investment pledge
Deal20 November 2025· Data centres
Zoom: investment pledge £24m — £24m over three years, including a new UK data centre planned for 2026.investment pledge
Deal20 November 2025· Cloud and compute
Nscale: capacity contract not disclosed — Nscale took 15MW at Verne in Iceland. Buys or funds: About 4,600 NVIDIA Blackwell Ultra GPUs, 15MW, at Verne's Icelandic campus, deployed during 2026; 85% liquid-cooled.capacity contract · Verne
Deal20 November 2025· Cloud and compute
Advanced Market Commitment for AI inference hardware: investment pledge £100m — The government said it would spend up to £100m buying AI chips from UK start-ups as their first customer. Buys or funds: Government as "first customer" for UK AI hardware from start-ups; "up to" £100m (later described as £150m, see Depth).investment pledge · DSIT
Deal20 November 2025· Big tech in the UK
Cerebras (UK): partnership — Deeper UK investment and an expanded wafer-scale AI supercomputing partnership with EPCC at the University of Edinburgh (amount not given). (Big tech file line 126; no source link given.)partnership · EPCC, University of Edinburgh
Deal20 November 2025· Labs
Graphcore AI development lab, Bristol (SoftBank): uk office opening — Graphcore and SoftBank renew UK backing with a new Bristol AI development lab (Kind as written: uk_office_opening (nearest kind: a new lab announced).) For: New AI development lab in Bristol, expected to double headcount to 750 jobs.uk office opening · SoftBank (owner of Graphcore)
Deal19 November 2025· Labs
PhysicsX: funding round — Series B extension; Series B total "more than USD 155M"funding round · NVentures (NVIDIA)
Deal19 November 2025· Services and skills
PwC UK and Palantir preferred-partner alliance: major contract — Multi-year, "multi-million-pound" preferred-partner alliance; no figuremajor contract · Palantir Technologies
Deal19 November 2025· Start-ups
Helsing UK: uk office opening — First UK Resilience Factory opens near Plymouth to build SG-1 Fathom glidersuk office opening
Deal19 November 2025· Labs
Stability AI: partnership — Warner Music Group and Stability AI agreed to build AI music creation tools. For: Responsible AI tools for music creation.partnership · Warner Music Group
Deal19 November 2025· Labs
Stability AI: partnership — WMG partnership For: AI music creation tools.partnership · Warner Music Group
Deal18 November 2025· Established firms
GSK and Fleming Initiative AI for antimicrobial resistance: major contract — AI programmes on antimicrobial resistance (builds on £45m pledged in 2024)major contract · Fleming Initiative
Deal18 November 2025· Labs
PhysicsX: partnership — Multi-year strategic partnership For: AI-native engineering across Europe.partnership · Deutsche Telekom
Deal17 November 2025· Services and skills
Multiverse and Palantir NHS data and AI training partnership: major contract — Multiverse and Palantir to train NHS staff in data and AI through apprenticeshipsmajor contract · NHS (Federated Data Platform users)
Deal14 November 2025· Start-ups
adclear.ai (Adclear): funding round £2.1m — Seed round.funding round · investors listed: Outward VC, AFG Partners, Tenity, Haatch, Force Over Mass Capital, angels (lead not stated)
Deal14 November 2025· Start-ups
FALKIN: funding round £1.5m — Pre-seed for AI tools to stop scams before payment.funding round · investors listed: TriplePoint Ventures, Notion Capital, BackFuture Ventures, Aviva/Founders Factory, Haatch, Found Capital, Founders Capital (lead not stated)
Deal14 November 2025· Investors
Adclear: funding round 2.1m GBP — Adclear (AI marketing-compliance checks) raised £2.1m (Seed), reported by UKTN weekly roundup.funding round · Outward VC, AFG Partners, Tenity, Haatch and others
Deal14 November 2025· Investors
FALKIN: funding round 1.5m GBP — FALKIN (AI anti-scam tools) raised £1.5m (Pre-seed), reported by UKTN weekly roundup.funding round · Notion Capital, BackFuture Ventures, Aviva/Founders Factory, Haatch and others
Deal13 November 2025· Chips and hardware
Literal Labs: rename — Mignon Technologies Ltd renamed Literal Labs Ltd.rename
Deal12 November 2025· Cloud and compute
Fluidstack: capacity contract US$50bn (≈ £38.08bn) — Anthropic chose Fluidstack to build its own US data centres under a $50bn programme. Buys or funds: Custom data centres in New York and Texas, more sites planned, coming online through 2026; about 800 permanent and 2,400 construction jobs.capacity contract · Anthropic
Deal11 November 2025· Start-ups
FALKIN: funding round US$2m (≈ £1.5m) — Pre-seed for AI tools that detect scammer manipulation inside banking apps.funding round · TriplePoint Ventures (lead); Notion Capital, BackFuture Ventures, Aviva/Founders Factory, Haatch and others
Deal10 November 2025· Safety
AI Score: funding round £760,000 — Pre-seed on leaving stealth (more than US$1m)funding round · not named
Deal10 November 2025· Data centres
Pulsant: investment pledge £4.5m — Further investment in Manchester data centre: 300kW more IT capacity and a 320 sq m Data Hall 4 expansion.investment pledge
Deal7 November 2025· Investors
TrialView: funding round 3m GBP — TrialView (AI litigation platform) raised £3m (Early VC), reported by UKTN weekly roundup.funding round · Elkstone Ventures
Deal6 November 2025· Data centres
Ark Longcross Park campus, Surrey: major contract — Nebius launches its first UK NVIDIA Blackwell Ultra cluster; DCD places it at Ark's Longcross (initial 4,000 GPUs).major contract · Nebius
Deal6 November 2025· Start-ups
Open Climate Fix: major contract — Quartz Solar forecast live in NESO control roommajor contract · National Energy System Operator
Deal6 November 2025· Cloud and compute
Nebius (UK): site opening — Nebius AI Cloud went live in the UK. Buys or funds: First UK NVIDIA Blackwell Ultra cluster, in a facility in the London area (see BIZ-CLD-2051).site opening
Deal6 November 2025· Cloud and compute
Nebius (UK): partnership not disclosed — Basecamp Research and Prima Mente were named as first partners on Nebius's UK cluster. Buys or funds: Compute on Nebius's UK Blackwell Ultra cluster.partnership · Basecamp Research (BIZ-LAB-010); Prima Mente (BIZ-LAB-017)
Deal6 November 2025· Cloud and compute
Pitchwise: compute grant £25,000 — Bristol student spin-out given Isambard-AI time worth £25,000 for its football video AI. Buys or funds: 5,500 GPU hours on Isambard-AI. Other investors: Innovate UK (support).compute grant · UKRI AI Research Resource
Deal4 November 2025· Start-ups
Vigilant AI: funding round £585,000 — Pre-seed for AI teammates for banks, fintechs and insurers.funding round · Haatch (lead); East Midlands Combined County Authority; British Business Bank
Deal4 November 2025· Start-ups
Vigilant AI: funding round £585,000 — Pre-seed with EMCCA and British Business Bankfunding round · Haatch
Deal4 November 2025· Start-ups
SMPnet: major contract — Contract for wide-area grid optimisation.major contract · UK Power Networks
Deal4 November 2025· Data centres
Colt Data Centre Services (Colt DCS): investment pledge £2.50bn — £2.5bn to expand the Hayes Digital Park hyperscale campus to 160MW, after Hillingdon Council's resolution to grant planning.investment pledge
Deal4 November 2025· Cloud and compute
Microsoft 365 Copilot in-country data processing (UK): site opening — Microsoft promised UK in-country Copilot processing by end-2025; on 2026-04-03 it moved the UK date to end-2026. Buys or funds: In-country processing of Copilot prompts in UK data centres.site opening · Microsoft
Deal3 November 2025· Start-ups
TrialView: funding round US$4.1m (≈ £3.1m) — Investment in a litigation platform that uses AI to find key evidence.funding round · Elkstone Ventures (lead)
Deal31 October 2025· Investors
Synthesia: funding round 152m GBP — Synthesia (AI video avatars) raised £152m (Late VC), reported by UKTN weekly roundup.funding round · Google Ventures
Deal30 October 2025· Data centres
Equinix Hertfordshire Campus: investment pledge £3.90bn — Equinix announces £3.9bn UK investment, including an 85-acre, 250+MW Hertfordshire campus.investment pledge · Equinix
Deal30 October 2025· Start-ups
Deep Render: acquisition — InterDigital bought Deep Render, a London company that compresses video with AI. Price not disclosed.acquisition · InterDigital
Deal30 October 2025· Start-ups
Deep Render: acquisition — InterDigital announced it was acquiring Deep Render; terms not disclosedacquisition · InterDigital, Inc.
Deal30 October 2025· Cloud and compute
iomart Group plc: debt financing £115m — iomart renewed its £115m bank facility, running to June 2027. Buys or funds: Revolving credit facility to 2027-06-30; £97.5m drawn at 2025-09-30.debt financing · RBS; HSBC; Clydesdale Bank (Virgin Money)
Deal30 October 2025· Labs
Stability AI: partnership — Stability AI and UMG formed an alliance to build professional AI music tools. For: Co-development of professional music creation tools.partnership · Universal Music Group
Deal30 October 2025· Labs
Stability AI: partnership — UMG strategic alliance For: Co-developing professional AI music tools.partnership · Universal Music Group
Deal27 October 2025· Established firms
LSEG and Anthropic data collaboration: major contract — LSEG licensed data available in Claude via MCPmajor contract · Anthropic
Deal23 October 2025· Start-ups
Wonder Studios: funding round US$12m (≈ £9m) — Atomico led the seed roundfunding round · Atomico (BIZ-INV-011) lead; LocalGlobe, Blackbird
Deal23 October 2025· Start-ups
Wonder Studios: funding round US$12m (≈ £9m) — Seed with LocalGlobe and Blackbirdfunding round · Atomico
Deal23 October 2025· Software and tools
TurinTech: partnership — TurinTech and Intel are building an on-device version of Artemis with no cloud dependency. Buys or funds: Offline Artemis for Intel Core Ultra AI PCs (CPU, GPU, NPU via OpenVINO); Intel also uses Artemis internally.partnership · Intel
Deal23 October 2025· Labs
Stability AI: partnership — Stability AI and EA agreed to co-develop generative AI models for making games. For: Co-development of generative AI models for game development.partnership · Electronic Arts
Deal23 October 2025· Labs
Stability AI: partnership — EA partnership For: Generative AI in game development.partnership · Electronic Arts
Deal22 October 2025· Start-ups
Saturn: funding round US$15m (≈ £11.2m) — Series A for AI software that automates paraplanner work for financial advisers.funding round · Singular (lead); Shapers; Y Combinator; Zeno Ventures
Deal22 October 2025· Cloud and compute
StackHPC: partnership not disclosed — StackHPC built 6G AI's Swedish AI cloud. Buys or funds: Design and deployment of a multi-tenant AI cloud on NVIDIA HGX H200 nodes (8 GPUs per node) in Sweden. Other investors: VAST Data (storage); NVIDIA (hardware).partnership · 6G AI (Sweden)
Deal21 October 2025· Labs
Chemify: funding round more than 50,000,000 USD reported — Chemify raises over $50m in an oversubscribed Series B For: Series B: global expansion of digital chemistry and discovery.funding round · lead not seen
Deal20 October 2025· Cloud and compute
Mary Coombs (Hartree Centre AI supercomputer): site opening — STFC launches Mary Coombs at Daresbury. Buys or funds: 24.41 PF GPU-based AI system for industry.site opening · STFC Hartree Centre
Deal17 October 2025· Investors
Wild Bioscience: funding round 45m GBP — Wild Bioscience (AI crop breeding) raised £45m (Series A), reported by UKTN weekly roundup.funding round · EIT, Oxford Science Enterprises, Braavos Capital, University of Oxford
Deal16 October 2025· Start-ups
Wild Bioscience: funding round US$60m (≈ £44.7m) — Series A for an AI platform guiding precision crop breeding.funding round · Ellison Institute of Technology (lead); Oxford Science Enterprises; Braavos Capital; University of Oxford
Deal15 October 2025· Established firms
L&G and Microsoft AI collaboration: major contract — Multi-year agreement for AI customer-service platform on Dynamics 365 Contact Centermajor contract · Microsoft
Deal15 October 2025· Cloud and compute
Nscale: capacity contract not disclosed — Nscale contracted about 200,000 GB300 GPUs with Microsoft across Europe and the US, including the Loughton supercomputer. Buys or funds: About 200,000 NVIDIA GB300 GPUs in four countries: Texas about 104,000 (about 240MW campus, phased from Q3 2026; Microsoft option on a 700MW second phase from late 2027); Sines, Portugal about 12,600 (from Q1 2026); Loughton, UK about 23,000 (50MW scalable to 90MW, from Q1 2027); Narvik, Norway about 52,000 (through the Aker–Nscale joint venture).capacity contract · Microsoft
Deal15 October 2025· Cloud and compute
Nscale–Microsoft UK AI supercomputer, Loughton: capacity contract — Nscale signed Microsoft for about 200,000 GB300 GPUs, including about 23,000 at its Loughton campus in Essex. Buys or funds: ~200,000 NVIDIA GB300 across Texas (~104,000), Narvik (~52,000), Loughton UK (~23,000, 50MW scalable to 90MW, from Q1 2027) and Sines (~12,600); value not disclosed. Other investors: Dell Technologies (collaborator); Aker ASA (Narvik joint venture).capacity contract · Microsoft
Deal15 October 2025· Labs
Waymo (London and Oxford engineering hubs): partnership — Waymo named Moove as its fleet operations partner for London. For: Fleet operations for planned London driverless service.partnership · Moove
Deal14 October 2025· Services and skills
Decho (acquired by Accenture): acquisition — Accenture bought the UK Palantir partner, 40+ engineersacquisition · Accenture
Deal14 October 2025· Start-ups
Dexory: funding round US$100m (≈ £75.2m) — Series C (plus debt from Bootstrap Europe; US$165m in total)funding round · Eurazeo
Deal14 October 2025· Software and tools
RevEng.AI: partnership — RevEng.AI was one of 53 start-ups in Google's first Gemini Founders Forum cohort. Buys or funds: Place in first Gemini Founders Forum cohort (forum 11–12 Nov 2025, Mountain View).partnership · Google for Startups (Gemini Founders Forum)
Deal13 October 2025· Established firms
LSEG and Microsoft AI data partnership: major contract — LSEG data connected to Microsoft Copilot Studio agents via MCPmajor contract · Microsoft
Deal13 October 2025· Start-ups
Gladys: funding round £1.5m — Seed round.funding round · Cornerstone VC
Deal9 October 2025· Software and tools
Unaric: acquisition — London software group Unaric, building AI-powered Salesforce apps, bought US firm DESelect for an undisclosed eight-figure sum.acquisition · DESelect (target, US-based Salesforce ISV)
Deal8 October 2025· Start-ups
Sees.ai: funding round £3.6m — Round for autonomous flight software for drones flying beyond visual line of sight.funding round · Sustainable Future Ventures, Hearst Ventures, Elbow Beach Capital (co-leads); WakeUp Capital
Deal7 October 2025· Cloud and compute
Next National Supercomputing Service, University of Edinburgh: major contract £275m — Preliminary market notice for the Edinburgh service, est. £275m ex VAT; no award.major contract · UKRI (buyer)
Deal6 October 2025· Software and tools
Monolith AI: acquisition — Agreement announced 6 October 2025; CoreWeave recorded as controlling shareholder from 5 November 2025.acquisition · CoreWeave
Deal6 October 2025· Start-ups
Monolith AI: acquisition — CoreWeave agrees to buy Monolith; Companies House shows CoreWeave in control from 5 November 2025acquisition · CoreWeave
Deal6 October 2025· Start-ups
Mapify: funding round — One of 14 UK start-ups sharing Antler's £1.7m pool; Mapify's share not stated.funding round · Antler
Deal3 October 2025· Start-ups
Simple Life: funding round £26m — Round with Liquidity.funding round · HartBeat Ventures (co-lead)
Deal3 October 2025· Software and tools
PEAK:AIO: funding round £5m — £5m with NPIF II – Praetura Equity Financefunding round · Pembroke VCT
Deal3 October 2025· Investors
Nscale: funding round 320m GBP — Nscale (AI data centres and cloud) raised £320m (Pre-Series C SAFE), reported by UKTN weekly roundup.funding round · Nvidia, Fidelity Investments, Aker ASA, Dell Technologies Capital and others
Deal3 October 2025· Investors
Simple Life: funding round 26m GBP — Simple Life (health app with generative AI assistant) raised £26m (Series A), reported by UKTN weekly roundup.funding round · HartBeat Ventures, Liquidity
Deal1 October 2025· Data centres
Nscale: funding round US$433m (≈ £320.6m) — Nscale closed a $433m pre-Series C SAFE (a convertible instrument) six days after its Series B.funding round · Blue Owl Managed Funds, Dell, NVIDIA, Nokia (named investors; no lead stated)
Deal1 October 2025· Start-ups
Chalkie: funding round £1m — Pre-seedfunding round · Triple Point Ventures
Deal1 October 2025· Start-ups
Robin AI: collapse — Listed for distressed sale after a failed fundraise; company not wound up as of October 2026collapse
Deal1 October 2025·
Jack & Jill (new): funding round £15m — Seed for an AI recruitment company.funding round · not named
Deal1 October 2025· Cloud and compute
Nscale: funding round US$433m (≈ £320.6m) — Pre-Series C SAFE days after the Series B.funding round · Nvidia; Nokia; Dell; Blue Owl
Deal30 September 2025· Software and tools
BIZ-SW-6006 Netcall: government contract £4.3m — Lancashire County Council signed a £4.3m multi-year deal with Netcall for AI agents and a resident services platform. Buys or funds: digital front door platform; autonomous AI agents in council contact centre; extendable up to 10.5 years.government contract · Lancashire County Council
Deal29 September 2025· Cloud and compute
Civo: merger not disclosed — Civo said it had integrated ServerChoice; whether this is an acquisition is not stated. Buys or funds: Integration of a UK data centre specialist into Civo.merger · ServerChoice (BIZ-CLD-3009)
Deal28 September 2025· Software and tools
Paid: funding round US$21.6m (≈ £16.1m) — Seed.funding round · Lightspeed
Deal26 September 2025· Investors
Nscale: funding round 1.1bn USD — Nscale (AI data centres and cloud) raised $1.1bn (Series B), reported by tech.eu.funding round · Aker, Nokia, Nvidia
Deal25 September 2025· Data centres
Nscale: funding round US$1.10bn (≈ £824.1m) — Nscale, which builds and rents GPU data centres, raised a $1.1bn Series B led by Aker ASA.funding round · Aker ASA
Deal25 September 2025· Software and tools
Mimica: funding round £19.5m — Mimica raised a £19.5m Series B led by Paladin; Paladin's Nazo Moosa joined the board. Buys or funds: Series B; process intelligence for AI agents. Other investors: Khosla Ventures; LGVP; Entrepreneur First.funding round · Paladin Capital Group (lead)
Deal24 September 2025· Services and skills
Department for Education AI Tools for Education Phase 2 contracts: major contract £795,937 — Six contracts (excl. VAT total about £795,937) to build generative-AI feedback tools for teachersmajor contract · Department for Education
Deal24 September 2025· Start-ups
Signal AI: funding round US$165m (≈ £122.7m) — Growth equityfunding round · Battery Ventures
Deal24 September 2025· Start-ups
Learncycle: major contract £191,487 — DfE "AI Tools for Education: Phase 2" contract 1 (ex VAT; £239,359 inc VAT); runs to 30 June 2026 at latest.major contract · Department for Education
Deal24 September 2025· Start-ups
Openkit: major contract £110,377 — DfE "AI Tools for Education: Phase 2" contract 3 (ex VAT; £137,971 inc VAT).major contract · Department for Education
Deal24 September 2025· Start-ups
Lettingsowl: major contract £131,213 — DfE "AI Tools for Education: Phase 2" contract 4 (ex VAT; £164,016 inc VAT).major contract · Department for Education
Deal24 September 2025· Start-ups
Kita Education: major contract £128,448 — DfE "AI Tools for Education: Phase 2" contract 5 (ex VAT; £160,560 inc VAT).major contract · Department for Education
Deal24 September 2025· Start-ups
Corduroy Dinosaur: major contract £112,320 — DfE "AI Tools for Education: Phase 2" contract 6 (ex VAT; £140,400 inc VAT).major contract · Department for Education
Deal23 September 2025· Labs
DaltonTx: funding round £4m–£4.1m as published — DaltonTx leaves stealth with a £4m seed round. For: Building adaptive AI drug discovery platforms. Other investors: Oxford University Innovation (support). [Labs Round 8] redalpine says it led a £4.1m seed round; IQ Capital and tech.eu give £4m.funding round · redalpine (per redalpine)
Deal22 September 2025· Start-ups
Anteam: grant £20,000 — Round 4 award for AI tool for freight enterprises and fleet operators.grant · DfT Freight Innovation Fund round 4
Deal22 September 2025· Start-ups
SpatialCortex Technology Ltd: grant £20,000 — Round 4 award for wearable sensor and AI safety product.grant · DfT Freight Innovation Fund round 4
Deal22 September 2025· Start-ups
Supply Chain Analysis Ltd: grant £20,000 — Round 4 award for AI trailer planning and scheduling at ferry ports.grant · DfT Freight Innovation Fund round 4
Deal19 September 2025· Investors
EvoluteIQ: funding round 38.8m GBP — EvoluteIQ (agentic AI process automation) raised £38.8m (Growth equity), reported by UKTN weekly roundup.funding round · Baird Capital
Deal18 September 2025· Big tech in the UK
Palantir Technologies UK: investment pledge £1.50bn — Up to £1.5bn UK defence investment, up to 350 jobs, London European defence baseinvestment pledge · Ministry of Defence
Deal18 September 2025· Big tech in the UK
Palantir–Ministry of Defence strategic partnership: major contract £750m — Strategic partnership worth up to £750m over five yearsmajor contract · Ministry of Defence
Deal18 September 2025· Big tech in the UK
NVIDIA £2bn UK AI start-up investment: investment pledge £2bn — £2bn for UK AI start-upsinvestment pledge · Accel; Air Street Capital; Balderton Capital; Hoxton Ventures; Phoenix Court
Deal18 September 2025· Start-ups
Kraken: spin out — Octopus Energy Group announced it would spin off Kraken, its utility software business. Completion not confirmed: no release opened states it; Companies House shows Octopus Energy Group ceased as controller of Kraken Technologies Ltd on 9 January 2026 and "no registrable person" from 17 June 2026.spin out · Octopus Energy Group
Deal18 September 2025· Start-ups
Kraken: spin out — Octopus announces spin-off of Krakenspin out · Octopus Energy Group
Deal18 September 2025·
Peppercorn AI (new): funding round — Part of a more-than-£1.1m package from EHE Ventures to seven AI startups; per-company sums not stated.funding round · EHE Ventures (SEIS AI Growth Fund)
Deal18 September 2025·
NeuWave Technologies (new): funding round — Part of a more-than-£1.1m package from EHE Ventures to seven AI startups; per-company sums not stated.funding round · EHE Ventures (SEIS AI Growth Fund)
Deal18 September 2025· Start-ups
Fotenix: funding round — Part of a more-than-£1.1m package from EHE Ventures to seven AI startups; per-company sums not stated.funding round · EHE Ventures (SEIS AI Growth Fund)
Deal18 September 2025· Labs
Stability AI: partnership — Stability AI's image services became available on Amazon Bedrock. For: Stability AI image services offered on Amazon Bedrock.partnership · Amazon Web Services (Amazon Bedrock)
Deal18 September 2025· Labs
Stability AI: partnership — Stability image models offered on Bedrock For: Image services on Amazon Bedrock.partnership · Amazon (AWS)
Deal17 September 2025· Big tech in the UK
Scale AI (UK): investment pledge £39m — UK investment over two yearsinvestment pledge
Deal17 September 2025· Data centres
AI Pathfinder: investment pledge £18.40bn — AI Pathfinder announces up to £18.4bn for two UK data centres (Northamptonshire £3.4bn; North Ayrshire up to £15bn); Business Times reports £1bn for Northamptonshire.investment pledge · AI Pathfinder
Deal17 September 2025· Data centres
DataVita: investment pledge £1.50bn — CoreWeave pledges £1.5bn for UK AI data-centre capacity, partnering DataVita in Scotland (UK-wide figure, not DataVita's alone).investment pledge · CoreWeave
Deal17 September 2025· Software and tools
EvoluteIQ: funding round US$53m (≈ £38.8m) — Growth capital for agentic AI software that automates business processes.funding round · Baird Capital (lead)
Deal17 September 2025· Software and tools
EvoluteIQ: funding round US$53m (≈ £38.8m) — Growth-capital round for London agentic-AI process-automation software company.funding round · Baird Capital (BIZ-INV-313)
Deal17 September 2025· Big tech in the UK
Palantir Technologies UK: investment pledge £1.50bn — Up to £1.5bn and up to 350 new jobs in UK defence work.investment pledge
Deal17 September 2025· Big tech in the UK
Blackstone: investment pledge £100bn — More than £100bn of UK assets over a decade, including the £10bn Blyth data centre.investment pledge
Deal17 September 2025· Big tech in the UK
Saronic: investment pledge 25,000,000–50,000,000 GBP — US defence technology firm plans £25–50m over 3–5 years, with London offices and a Portsmouth production facility.investment pledge
Deal17 September 2025· Cloud and compute
CoreWeave (UK): investment pledge £1.50bn — AI data-centre capacity and operations in the UK, including work with DataVita in Scotland.investment pledge · DataVita (partner, Scotland)
Deal17 September 2025· Cloud and compute
Microsoft Azure UK regions (UK South and UK West): investment pledge £22bn — $30bn (£22bn) for UK AI infrastructure and operations, including a supercomputer with Nscale.investment pledge
Deal17 September 2025· Cloud and compute
Google Cloud London region (europe-west2): investment pledge £5bn — Google's £5bn UK investment, including opening its Waltham Cross data centre.investment pledge
Deal17 September 2025· Labs
Hiverge: funding round US$5m (≈ £3.7m) — Hiverge announced a $5m seed led by Flying Fish Ventures alongside its first results. For: Seed; launch of the Hive algorithm-discovery platform. Other investors: Ahren Innovation Capital, 10x Founders, Alpha Intelligence Capital, 1st Kind, StemAI, Vela Partners, Cur8 Capital, Jeff Dean.funding round · Flying Fish Ventures (BIZ-INV-068)
Deal17 September 2025· Labs
Synthesia: partnership — AWS and Synthesia extended their collaboration on AI video. For: Extended collaboration on AI video adoption.partnership · Amazon Web Services
Deal16 September 2025· Big tech in the UK
Microsoft (UK): investment pledge US$30bn (≈ £21.97bn) — UK AI infrastructure and operations 2025 to 2028 (£22bn), incl. Nscale supercomputerinvestment pledge
Deal16 September 2025· Big tech in the UK
Google (UK): investment pledge £5bn — Two-year UK investment incl. Waltham Cross data centre and Google DeepMindinvestment pledge
Deal16 September 2025· Big tech in the UK
CoreWeave (UK): investment pledge £1.50bn — AI data-centre capacity and operations in the UK, incl. DataVita in Scotlandinvestment pledge · DataVita
Deal16 September 2025· Big tech in the UK
Salesforce (UK): investment pledge US$2bn (≈ £1.46bn) — Additional UK investment through 2030, total $6bninvestment pledge
Deal16 September 2025· Big tech in the UK
Stargate UK (OpenAI, NVIDIA and Nscale): investment pledge — OpenAI to explore offtake of up to 8,000 GPUs in Q1 2026, up to 31,000 over timeinvestment pledge · NVIDIA; Nscale
Deal16 September 2025· Data centres
Microsoft (UK data centres): investment pledge US$30bn (≈ £21.97bn) — Microsoft commits $30bn to UK AI infrastructure and operations, 2025–2028 ($15bn capex).investment pledge · Microsoft
Deal16 September 2025· Data centres
Nscale AI Campus, Loughton: major contract — Microsoft commits to Nscale's Loughton AI campus (over 23,000 GPUs). Ended 2026-10-18 (DEAL-DC-016).major contract · Microsoft
Deal16 September 2025· Data centres
Stargate UK at Cobalt Park, North Tyneside: major contract — Nscale, OpenAI and NVIDIA announce Stargate UK; up to 8,000 GPUs initially, potentially 31,000.major contract · OpenAI; NVIDIA
Deal16 September 2025· Data centres
QTS Cambois Data Centre Campus, near Blyth: investment pledge £10bn — Blackstone commits £10bn to the Cambois campus (QTS: "up to £10 billion").investment pledge · Blackstone funds
Deal16 September 2025· Data centres
Google (UK data centres): investment pledge £5bn — Google opens Waltham Cross within a two-year £5bn UK investment.investment pledge · Google
Deal16 September 2025· Start-ups
Clarity (formerly Anecdote): funding round US$12m (≈ £8.8m) — Round for AI customer intelligence and support automation for regulated sectors.funding round · Prosus Ventures (lead); STV AI Fund, Sukna Ventures, Wamda Capital and others
Deal16 September 2025· Big tech in the UK
Microsoft (UK): investment pledge US$30bn (≈ £21.97bn) — $30bn (£22bn) in 2025–2028, half capital spending; includes UK's largest supercomputer with Nscale (23,000+ NVIDIA GPUs).investment pledge · Nscale (supercomputer partner)
Deal16 September 2025· Big tech in the UK
Google (UK): investment pledge £5bn — £5bn over two years, announced with the opening of the Waltham Cross data centre.investment pledge
Deal16 September 2025· Big tech in the UK
CoreWeave (UK): investment pledge £1.50bn — £1.5bn for UK AI data centre capacity and operations, including a Scottish data centre with DataVita.investment pledge · DataVita
Deal16 September 2025· Big tech in the UK
Scale AI (UK): investment pledge £39m — £39m over two years to expand its London European HQ and quadruple staff by end 2026.investment pledge
Deal16 September 2025· Big tech in the UK
Salesforce (UK): investment pledge US$2bn (≈ £1.46bn) — Additional $2bn (£1.4bn) through 2030, with Salesforce UK to become an AI hub for the UK and Europe.investment pledge
Deal16 September 2025· Big tech in the UK
NVIDIA (UK): investment pledge — (120,000 GPUs) — NVIDIA to deploy 120,000 advanced GPUs with UK companies under the Tech Prosperity Deal.investment pledge · UK companies incl. Nscale
Deal16 September 2025· Big tech in the UK
Stargate UK (OpenAI, NVIDIA and Nscale): investment pledge — (up to 8,000 GPUs, first phase) — Stargate UK's first phase: OpenAI to take up to 8,000 GPUs, possibly about 31,000 over time; sites include Cobalt Park.investment pledge · OpenAI
Deal16 September 2025· Big tech in the UK
Oracle (UK): investment pledge US$5bn (≈ £3.66bn) — Oracle reaffirmed $5bn of UK investment over five years.investment pledge
Deal16 September 2025· Big tech in the UK
BlackRock: investment pledge £500m — £500m into enterprise data centres across the UK.investment pledge
Deal16 September 2025· Data centres
Blackstone (QTS Cambois Data Centre Campus): investment pledge £10bn — Blackstone's commitment to its Blyth data-centre campus in the North East AI Growth Zone.investment pledge
Deal16 September 2025· Cloud and compute
Nscale: major contract — Stargate UK: OpenAI to take up to 8,000 GPUs in a first phase, possibly about 31,000 over time.major contract · OpenAI; Nvidia
Deal16 September 2025· Cloud and compute
Era4: investment pledge £1bn — £1bn growth plan for a UK sovereign AI platform scalable past 100,000 GPUs.investment pledge · HPE; Vast Data; WWT (technology partners)
Deal16 September 2025· Cloud and compute
NVIDIA (UK): investment pledge — Nvidia to deploy about 120,000 advanced GPUs across the UK, its largest European deployment so far.investment pledge
Deal16 September 2025· Cloud and compute
AI Pathfinder: investment pledge £1bn — Initial investment of over £1bn in AI compute capacity, starting in Northamptonshire.investment pledge
Deal16 September 2025· Cloud and compute
Nscale: capacity contract not disclosed — Part of Nscale's 2025-09-16 UK package of up to 58,640 NVIDIA GPUs; may overlap DEAL-CLD-2010. Buys or funds: 4,600 NVIDIA GB300 GPUs with NVIDIA DGX Cloud, including the DGX Lepton Marketplace, for UK developers (BIZ-CLD-3010).capacity contract · NVIDIA (DGX Cloud)
Deal16 September 2025· Cloud and compute
BIZ-CLD-4001 Nscale–NVIDIA DGX Cloud UK deployment: capacity contract — Nscale agreed to host 4,600 GB300 GPUs in the UK for NVIDIA's DGX Cloud. Buys or funds: 4,600 NVIDIA GB300 GPUs in the UK.capacity contract · NVIDIA (DGX Cloud)
Deal16 September 2025· Cloud and compute
BlackRock–Digital Gravity Partners UK data-centre modernisation: investment pledge £500m — BlackRock said it would spend up to £500m with Digital Gravity Partners modernising UK data centres. Buys or funds: Upgrading existing UK data centres (sites not named); amount is "up to". Other investors: Digital Gravity Partners.investment pledge · BlackRock
Deal12 September 2025· Big tech in the UK
Google Cloud–Ministry of Defence secure cloud contract: major contract £400m — Secure cloud contract for defence intelligence and classified sharingmajor contract · Ministry of Defence
Deal12 September 2025· Investors
Fyxer AI: funding round 22m GBP — Fyxer AI (AI email and meeting assistant) raised £22m (Series B), reported by UKTN weekly roundup.funding round · Madrona, Lakestar Capital, 20VC, 20Growth
Deal10 September 2025· Software and tools
Builder.ai (Engineer.ai Global Limited): wind down — UK company Engineer.ai Global Limited in compulsory liquidation (petition 17 July 2025; winding up commenced 10 September 2025; order filed 22 January 2026).wind down · Official Receiver
Deal9 September 2025· Start-ups
Fyxer AI: funding round US$30m (≈ £22.2m) — Series B with Lakestarfunding round · Madrona
Deal9 September 2025· Start-ups
Cytora: acquisition — Growth acquisition; terms not disclosedacquisition · Applied Systems
Deal8 September 2025· Labs
ElevenLabs: funding round US$100m (≈ £73.9m) — Employee tender offer (secondary sale, not new capital)funding round · Sequoia and ICONIQ
Deal8 September 2025· Start-ups
SenseAI Vision: funding round — First seed round, amount not disclosed.funding round · Foresight Group
Deal8 September 2025· Labs
Alchemab Therapeutics: funding round — Alchemab announced a Series A extension as ATLX-1282 entered Phase 1. For: Series A extension alongside Phase 1 start of ATLX-1282.funding round · null
Deal4 September 2025· Labs
Orbital Industries (Orbital Materials Ltd): partnership — Orbital launched Orb-v3 with Rowan hosting the models. For: Rowan as launch partner offering Orb-v3 models interactively.partnership · Rowan
Deal3 September 2025· Assurance
AI Assurance Innovation Fund (DSIT): investment pledge £11m — £11m government fund for new AI assurance tools; first round opened for funding from spring 2026.investment pledge · Department for Science, Innovation and Technology
Deal3 September 2025· Services and skills
supplier not shown in the version read: major contract about 3,000,000 (first-year maximum) GBP — AI Infrastructure Delivery Partner bought through the CCS AI DPS (RM6200); award notice published 3 September 2025.major contract · Home Office
Deal2 September 2025· Start-ups
Camera Intelligence: funding round US$2m (≈ £1.5m) — Seed for a camera with an AI assistant for editing and voice control.funding round · Digital Catapult (£550,000); Betaworks; F4 Fund; Next Wave via Flybridge; 7pc Ventures
Deal2 September 2025· Cloud and compute
Nscale: uk office opening — Nscale opened its first physical office, in Mayfair. Buys or funds: First physical office, Mayfair, London.uk office opening
Deal1 September 2025· Labs
CuspAI: funding round US$100m (≈ £73.8m) — Raise reported by tech.eu as "September of last year"funding round
Deal1 September 2025· Software and tools
Conduct: funding round US$12m (≈ £8.9m) — Seed for autonomous AI agents that automate work and modernise legacy ERP systems (Q3 2025 list).funding round · not named
Deal28 August 2025· Start-ups
Adludio: wind down — Moved from administration to creditors' voluntary liquidationwind down
Deal27 August 2025· Software and tools
Attio: funding round US$52m (≈ £38.6m) — Series B for an AI-native CRM.funding round · Google Ventures (lead); Redpoint Ventures; Balderton Capital; Point; 01A
Deal27 August 2025· Software and tools
Artificial Societies: funding round US$5.3m (≈ £4m) — YC page lists a Business Insider headline on a $5.35M round (date is article date).funding round · not named
Deal22 August 2025· Investors
Phoebe: funding round 12.6m GBP — Phoebe (AI that finds and fixes software errors) raised £12.6m (Seed), reported by UKTN weekly roundup.funding round · Google Ventures, Cherry Ventures
Deal22 August 2025· Investors
Meshed: funding round £950,000 — Meshed (AI insurance broker) raised £950,000 (Pre-seed), reported by UKTN weekly roundup.funding round · Haatch, Founders Factory
Deal21 August 2025· Start-ups
Robotiz3d: rename — Robotiz3d Limited renamed Alpha Subco Limited.rename
Deal20 August 2025· Start-ups
Modulous: wind down — Modulous Limited dissolvedwind down · Opus Restructuring LLP
Deal20 August 2025· Software and tools
Phoebe: funding round US$17m (≈ £12.6m) — Investment in agentic AI that monitors live software and fixes faults.funding round · Google Ventures; Cherry Ventures (co-leads)
Deal18 August 2025· Start-ups
Meshed: funding round £950,000 — Pre-seed for an AI-native insurance broker using AI agents.funding round · Haatch; Founders Factory; angels
Deal18 August 2025·
EvaluateLocate (new): funding round £300,000 — SEIS seed for predictive location-intelligence software.funding round · angels (SEIS)
Deal15 August 2025· Investors
Archestra: funding round 2.5m GBP — Archestra (connects AI agents to company systems) raised £2.5m (Not stated), reported by UKTN weekly roundup.funding round · Concept Ventures, Zero Prime Ventures, Celero Ventures, RTP Global and others
Deal14 August 2025· Safety
Archestra: funding round £2.5m — Funding round for open-source AI agent data platformfunding round · Concept Ventures
Deal13 August 2025· Software and tools
Humanloop: acquisition — Humanloop's co-founders and about a dozen engineers and researchers joined Anthropic; Anthropic said it did not acquire Humanloop's assets or intellectual property. A team hire, not a company purchase; terms not shared.acquisition · Anthropic
Deal13 August 2025· Software and tools
Humanloop: wind down — Anthropic hired the founders and most of the team; did not acquire assets or IP; platform closed.wind down · Anthropic (team hire)
Deal12 August 2025· Labs
Stability AI: partnership — Stability AI and NVIDIA packaged Stable Diffusion 3.5 for enterprise deployment. For: Stable Diffusion 3.5 packaged as an NVIDIA NIM for enterprise deployment.partnership · NVIDIA
Deal12 August 2025· Labs
Stability AI: partnership — Stability AI and NVIDIA packaged SD 3.5 for faster enterprise deployment. For: Stable Diffusion 3.5 packaged as an NVIDIA NIM microservice (after TensorRT-optimised SD 3.5 on RTX GPUs, 12 Jun 2025).partnership · NVIDIA
Deal11 August 2025· Software and tools
BIZ-SW-5036 Signapse: partnership — Signapse was selected for IAG's record 29-start-up accelerator cohort. Buys or funds: Accelerator place.partnership · IAG (accelerator programme)
Deal8 August 2025· Investors
Tracelight: funding round 2.7m GBP — Tracelight (language model for financial modelling) raised £2.7m (Seed), reported by UKTN weekly roundup.funding round · Chalfen Ventures, Acequia Capital, Inovo, EF
Deal5 August 2025· Software and tools
ETIQ AI: funding round €900,000 (≈ £783,222) — ETIQ AI raised a €900,000 seed led by GapMinder VC. Buys or funds: Data Science Copilot, LLM features, team, marketing.funding round · GapMinder VC (lead)
Deal1 August 2025· Start-ups
Jitty: funding round US$3.8m (≈ £2.9m) — Round for an AI-powered home-buying search agent.funding round · REA Group (lead); Goodwater Ventures; Gradient Ventures; True Global; angels
Deal1 August 2025· Investors
Ultromics: funding round 41.4m GBP — Ultromics (AI heart diagnostics) raised £41.4m (Series C), reported by UKTN weekly roundup.funding round · L&G, Allegis Capital, Lightrock, University of Chicago Medicine and others
Deal31 July 2025· Established firms
L&G co-led investment in Ultromics (AI cardiology): funding round US$55m (≈ £41.6m) — Ultromics Series C; L&G share undisclosedfunding round · Ultromics (co-led by L&G, Allegis Capital, Lightrock)
Deal31 July 2025· Start-ups
Ultromics: funding round US$55m (≈ £41.6m) — Series C for US expansion.funding round · L&G, Allegis Capital, Lightrock
Deal31 July 2025· Cloud and compute
Nscale: partnership about 1000000000 (both parties, initial 20MW phase; more than $250m equity on a 100% basis) USD — Nscale and Aker formed a joint venture to build Stargate Norway, with OpenAI as first offtaker. Buys or funds: Stargate Norway at Kvandal near Narvik: 230MW planned, ambition for 290MW more; initial 20MW phase; 100,000 NVIDIA GPUs targeted by end-2026. Other investors: OpenAI (initial offtaker).partnership · Aker ASA (BIZ-INV-2014), 50/50 joint venture
Deal29 July 2025· Cloud and compute
University of Nottingham: gpu purchase — Nottingham refreshed its HPC facility with OCF and Lenovo, creating the Ada GPU cluster. Buys or funds: 80+ Lenovo servers with NVIDIA A100 and H200. Other investors: Lenovo (hardware).gpu purchase · BIZ-CLD-5004 OCF
Deal29 July 2025· Cloud and compute
Ada, University of Nottingham: gpu purchase — Nottingham's HPC refresh delivered by OCF and Lenovo. Buys or funds: 80+ Lenovo servers with A100 and H200. Other investors: NVIDIA.gpu purchase · OCF (BIZ-CLD-6001); Lenovo (BIZ-INV-2158)
Deal28 July 2025· Labs
Recraft: funding round not disclosed — NVIDIA and Slack design chief Ethan Eismann joined Recraft's Series B extension. For: Extension to Series B.funding round · NVIDIA; Ethan Eismann (Series B extension)
Deal23 July 2025· Software and tools
inforcer: funding round US$35m (≈ £25.8m) — London's inforcer raised a $35m (£25.8m) Series B led by Dawn Capital, after a $19m Series A in autumn 2024. Buys or funds: Microsoft 365 policy management for managed service providers. Other investors: Meritech Capital.funding round · Dawn Capital (lead)
Deal23 July 2025· Labs
PhysicsX: partnership — PhysicsX extended its Siemens collaboration into the Simcenter X product. For: Extension of the Siemens collaboration to Simcenter X for AI-powered CFD workflows.partnership · Siemens (Simcenter X)
Deal21 July 2025· Big tech in the UK
OpenAI (UK): uk office opening — OpenAI plans to enlarge its London office and research and engineering teams after its MoU with government.uk office opening · UK government (MoU)
Deal17 July 2025· Cloud and compute
AI Research Resource (AIRR): investment pledge £1bn — Compute Roadmap commits over £1bn to grow the AIRR 20x by 2030.investment pledge · UK Government (DSIT)
Deal17 July 2025· Cloud and compute
OpenBind: grant £8m — Seed investment in a Diamond Light Source-led consortium.grant · Sovereign AI Unit
Deal17 July 2025· Cloud and compute
Isambard-AI, Bristol and Bath Science Park: site opening — Isambard-AI launched by the Science Secretary in Bristol. Buys or funds: Full system: 5,448 GH200, 21 AI exaflops.site opening · DSIT; HPE (BIZ-BIG-2030); NVIDIA (BIZ-BIG-014)
Deal16 July 2025· Start-ups
Metaphysic: rename — Metaphysic Limited renamed Brahma AI Services UK Limitedrename
Deal16 July 2025· Networks and media
UK Tech Cluster Group (UKTCG): grant £1m — DSIT picked UKTCG to pilot the £1m Regional Tech Booster for tech founders outside London; 14 catalyst projects named 1 Oct 2025.grant · Department for Science, Innovation and Technology
Deal14 July 2025· Start-ups
Adarga: major contract £12m — Expanded contract, "up to" £12m, renewing Vantagemajor contract · Defence Support (MoD)
Deal14 July 2025· Start-ups
Inntelo: funding round £506,000 — Pre-seed for an AI concierge agent for hotels reached via WhatsApp.funding round · Haatch with British Business Bank (lead); Look AI Ventures; angels
Deal11 July 2025· Investors
Gradient Labs: funding round 9.5m GBP — Gradient Labs (AI customer service agents for finance) raised £9.5m (Series A), reported by UKTN weekly roundup.funding round · Redpoint Ventures, Exceptional Capital, Liquid 2, LocalGlobe and others
Deal10 July 2025· Start-ups
Papercup: wind down — Papercup Technologies Ltd (CH 11093649) passed an extraordinary resolution to wind up on 10 July 2025 and appointed a voluntary liquidator (filed 21 July 2025); liquidators' statement filed 10 September 2026.wind down
Deal9 July 2025· Big tech in the UK
Google Cloud–UK government partnership (legacy technology and civil-service skills): major contract — Google Cloud partnership on legacy IT and civil-service AI skillsmajor contract · Department for Science, Innovation and Technology
Deal9 July 2025· Start-ups
ScienceMachine: funding round US$3.5m (≈ £2.6m) — Pre-seed for an autonomous AI agent that analyses biotech data.funding round · Revent; Nucleus Capital (leads); angels
Deal9 July 2025· Start-ups
Lucida Medical: grant £2.3m — NHS Cancer Programme award for Pi, AI software that analyses prostate MRI scans.grant · SBRI Healthcare / NHS Cancer Programme
Deal9 July 2025· Start-ups
Optellum: grant £2.3m — Trust-led award combining Optellum AI nodule risk stratification with robotic bronchoscopy.grant · Guy's and St Thomas' NHS Foundation Trust (lead) / NHS Cancer Programme
Deal9 July 2025· Investors
ScienceMachine: funding round 3.5m USD — ScienceMachine (autonomous AI bioinformatics agent) raised $3.5m (Pre-seed), reported by tech.eu.funding round · Revent, Nucleus Capital
Deal8 July 2025· Start-ups
Gradient Labs: funding round US$13m (≈ £9.6m) — Series A for AI customer-service agents for financial firms; founders ex-Monzo.funding round · Redpoint Ventures (lead); Exceptional Capital, Liquid 2, LocalGlobe, Puzzle Ventures
Deal8 July 2025· Start-ups
Gradient Labs: funding round 13,000,000 (£9.5m) USD — Series A for AI customer-service agents for financial firms.funding round · Redpoint Ventures (with Exceptional Capital, Liquid 2, LocalGlobe, Puzzle Ventures)
Deal8 July 2025· Labs
Optibrium: funding round undisclosed ("multi-million-pound") GBP reported — Optibrium takes a multi-million-pound financing package from Shawbrook For: Core technologies behind its software portfolio and global expansion.funding round · Shawbrook (debt financing)
Deal7 July 2025· Software and tools
Logically: administration — UK AI fact-checking firm Logically went through a pre-pack administration; its assets were sold to Kreatur, run by a former director. Buys or funds: core technology, brand and key assets; over 50 full-time roles kept.administration · Kreatur Ltd (buyer of assets in pre-pack)
Deal3 July 2025· Start-ups
HIVED: funding round US$42m (≈ £30.8m) — Series B for an AI-driven parcel delivery service in London.funding round · NordicNinja (lead); Planet A; Future Back Ventures by Bain and Co.
Deal2 July 2025· Labs
Unlikely AI: partnership — Lloyds Banking Group began testing UnlikelyAI's neurosymbolic AI. For: Proof-of-concept test of UnlikelyAI's neurosymbolic platform in Lloyds' Innovation Sandbox.partnership · Lloyds Banking Group
Deal1 July 2025·
Yondr Group (new): acquisition — Infrastructure investors completed purchase of hyperscale data-centre developer (announced October 2024); terms undisclosed.acquisition · DigitalBridge (BIZ-INV-310) and La Caisse (BIZ-INV-311); seller Cathexis Holdings
Deal1 July 2025· Established firms
Premier League: major contract — Partnership on fan apps and digital platforms, including AI Companion.major contract · Microsoft
DealJuly 2025· Cloud and compute
Imperial College London (ICICLE liquid-cooled cluster): capacity contract — Imperial's first direct liquid-cooled HPC cluster placed at Digital Realty Woking. Buys or funds: Colocation at LGW14, Woking; handed over Q4 2025. Other investors: Lenovo (hardware).capacity contract · Digital Realty (BIZ-DC-048)
Deal27 June 2025· Start-ups
Elyndra: funding round £1.1m — Investment round.funding round · Outward VC
Deal27 June 2025· Investors
Metaview: funding round 25.5m GBP — Metaview (AI hiring tools) raised £25.5m (Series B), reported by UKTN weekly roundup.funding round · Google Ventures, Plural, Vertex Ventures, Seedcamp and others
Deal26 June 2025· Start-ups
Papercup: acquisition — RWS bought the intellectual property behind Papercup's AI dubbing technology; the company itself was not bought. Terms not disclosed.acquisition · RWS Holdings plc
Deal26 June 2025· Established firms
Pearson and Google AI partnership: major contract — Multi-year AI collaboration using Gemini and LearnLMmajor contract · Google Cloud
Deal26 June 2025· Start-ups
Papercup: acquisition — RWS bought the intellectual property behind Papercup's AI dubbing; company later in liquidationacquisition · RWS
Deal26 June 2025· Software and tools
Metaview: funding round US$35m (≈ £25.5m) — Metaview raised a $35m (£25.5m) Series B led by Google Ventures. Buys or funds: AI hiring tools: notetaker, reports, job-post generator. Other investors: Plural; Vertex Ventures; Seedcamp; Coelius Capital; True Equity; Victor Riparbelli; Barney Hussey-Yeo.funding round · GV (lead)
Deal24 June 2025· Start-ups
OutSee: funding round £1.8m — Seed round.funding round · Ahren Innovation Capital
Deal24 June 2025· Software and tools
Snyk: acquisition — Snyk bought Invariant Labs to build security for AI agents. Buys or funds: Agentic AI security research team; Guardrails product; MCP scanning.acquisition · Invariant Labs (target; ETH Zurich spin-off)
Deal23 June 2025· Big tech in the UK
Amazon Web Services (UK): investment pledge £40bn — Amazon group UK investment 2025 to 2027, all activities, includes part of the AWS £8bninvestment pledge
Deal22 June 2025· Labs
PhysicsX: funding round US$135m (≈ £100.3m) — Series B led by Atomicofunding round · Atomico (BIZ-INV-011) lead
Deal20 June 2025· Investors
CaseCraft.AI: funding round £550,000 — CaseCraft.AI (small-claims platform (sector labelled Legal tech/AI)) raised £550,000 (Seed), reported by UKTN weekly roundup.funding round · Mount Fund
Deal16 June 2025· Start-ups
DigitalCNC: spin out — Sheffield launches DigitalCNC, co-founded with Yorkshire AI Labs.spin out · University of Sheffield; Yorkshire AI Labs
Deal13 June 2025· Established firms
AstraZeneca and CSPC AI drug discovery collaboration: major contract US$110m (≈ £81m) — AI drug discovery collaboration; upfront payment, plus up to US$1.62bn development and US$3.6bn sales milestonesmajor contract · CSPC Pharmaceuticals
Deal13 June 2025· Investors
Definely: funding round 22m GBP — Definely (AI tools for law firms) raised £22m (Series B), reported by UKTN weekly roundup.funding round · Revaia, Alumni Ventures, Beacon Capital, Clio
Deal13 June 2025· Investors
Maze: funding round 18.4m GBP — Maze (AI agents for cybersecurity) raised £18.4m (Series A), reported by UKTN weekly roundup.funding round · Cherry Ventures, Tapestry, Theory Ventures
Deal13 June 2025· Software and tools
ICS.AI: government contract — Derby's AI programme, delivered with ICS.AI, produced £7.5m in savings, the council says; contract value not stated. Buys or funds: AI system for council phone and web queries (SMART AI Transformation Programme).government contract · Derby City Council
Deal13 June 2025· Labs
Kuano: partnership — Kuano published results of its IRAP collaboration with Bristol. For: quantum simulation of IRAP enzyme inhibition.partnership · University of Bristol (Mulholland group)
Deal12 June 2025· Cloud and compute
Together AI (UK): investment pledge not disclosed — Together AI plans large European GPU build-outs, with the UK as a priority country. Buys or funds: Nearly 100,000 NVIDIA Blackwell and later GPUs in Europe, up to 2GW; priority countries France, UK, Italy and Portugal; rollouts from late 2025 to 2028.investment pledge · Hypertec; 5C Group
Deal12 June 2025· Labs
Peptone: partnership — Peptone and NVIDIA release PepTron-o For: Co-introduced PepTron-o structure-prediction model.partnership · NVIDIA
Deal11 June 2025· Cloud and compute
Next National Supercomputing Service, University of Edinburgh: investment pledge £750m — Up to £750m for a national supercomputer at Edinburgh.investment pledge · HM Treasury / UK Government
Deal11 June 2025· Data centres
National supercomputer, Edinburgh: investment pledge £750m — Chancellor confirms up to £750m for the next national supercomputer in Edinburgh.investment pledge · UK Government
Deal11 June 2025· Labs
Convergence: acquisition — Agreement 15 May 2025, completed 11 June 2025; terms not disclosedacquisition · Salesforce
Deal11 June 2025· Cloud and compute
Next National Supercomputing Service, University of Edinburgh: investment pledge £750m — Up to £750m confirmed for the new national supercomputer in Edinburgh. (Same event as DEAL-CLD-011; count once.)investment pledge · HM Treasury (Spending Review)
Deal11 June 2025· Labs
Latent Labs: compute grant — Latent Labs named among first users of NVIDIA DGX Cloud Lepton. For: Early access to NVIDIA DGX Cloud Lepton compute.compute grant · NVIDIA (DGX Cloud Lepton)
Deal10 June 2025· Big tech in the UK
Nebius (UK): investment pledge £200m — Initial £200m to establish a UK AI factory; two possible sites in South East England.investment pledge
Deal10 June 2025· Big tech in the UK
Liquidity (UK): uk office opening £1.50bn — European HQ in London plus £1.5bn of further investment into businesses over five years.uk office opening
Deal9 June 2025· Big tech in the UK
Qualcomm (UK) — Alphawave Semi: acquisition US$2.40bn (≈ £1.77bn) — Qualcomm agrees to buy Alphawave IP Group plc (implied enterprise value)acquisition · Qualcomm Incorporated
Deal9 June 2025· Big tech in the UK
Nebius (UK): investment pledge — First Nebius UK investment: thousands of NVIDIA Blackwell Ultra GPUs (amount undisclosed)investment pledge
Deal9 June 2025· Chips and hardware
Alphawave Semi: acquisition US$2.40bn (≈ £1.77bn) — Agreed offer at an implied enterprise value of about US$2.4bn (US$2.48 a share).acquisition · Qualcomm Incorporated
Deal9 June 2025· Chips and hardware
Alphawave Semi: acquisition US$2.40bn (≈ £1.77bn) — 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.acquisition · Qualcomm Incorporated
Deal9 June 2025· Established firms
Barclays and Microsoft 365 Copilot roll-out: major contract — Microsoft 365 Copilot for 100,000 Barclays colleaguesmajor contract · Microsoft
Deal9 June 2025· Start-ups
Definely: funding round US$30m (≈ £22.1m) — Series B; total US$40mfunding round · Revaia
Deal9 June 2025· Cloud and compute
Nscale: partnership — At London Tech Week NVIDIA said Nscale would deploy 10,000 Blackwell GPUs in the UK by the end of 2026. Buys or funds: 10,000 NVIDIA Blackwell GPUs in the UK by end of 2026 (with 4,000 for Nebius, 14,000 in all, first phase).partnership · NVIDIA
Deal9 June 2025· Software and tools
Assembled (UK office): uk office opening — Assembled opened a London office. Buys or funds: London base for European expansion.uk office opening
Deal8 June 2025· Big tech in the UK
NVIDIA (UK): uk office opening — NVIDIA to expand its Bristol AI lab to other areas of the UK.uk office opening
Deal8 June 2025· Services and skills
TechFirst: investment pledge £187m — Government tech skills programme launched by the Prime Minister.investment pledge · Department for Science, Innovation and Technology
Deal6 June 2025· Investors
Treefera: funding round 22m GBP — Treefera (AI supply-chain mapping) raised £22m (Series B), reported by UKTN weekly roundup.funding round · Notion Capital, AlbionVC, Triple Point, Twin Path Ventures and others
Deal5 June 2025· Start-ups
SenseAI Vision: rename — SenseAI Innovations Limited renamed SenseAI Vision Limited.rename
Deal3 June 2025· Established firms
Kainos Workday AI agents and Actonomy: major contract — Kainos named design partner for Workday's AI Agent System of Recordmajor contract · Workday
Deal3 June 2025· Start-ups
Treefera: funding round US$30m (≈ £22.2m) — Series B for AI that maps first-mile supply chains from satellite and drone data.funding round · Notion Capital (lead); AlbionVC; Triple Point; Twin Path Ventures; Endeit Capital
Deal2 June 2025· Chips and hardware
Literal Labs: funding round £4.6m — Pre-seed round.funding round · Northern Gritstone
Deal30 May 2025· Software and tools
Lovable (UK base): uk office opening — UK subsidiary Lovable Labs UK Ltd incorporated; "new London office".uk office opening
Deal30 May 2025· Start-ups
Applied Computing: funding round £9m — Seed roundfunding round · Stride.VC; Repeat.VC
Deal30 May 2025· Start-ups
SpAItial: funding round £9.7m — Seed for AI that generates 3D environments with physics.funding round · Earlybird Venture Capital; Speedinvest; angels
Deal30 May 2025· Investors
SpAItial: funding round 9.65m GBP — SpAItial (AI 3D world generation) raised £9.65m (Seed), reported by UKTN weekly roundup.funding round · Earlybird Venture Capital, Speedinvest
Deal29 May 2025· Start-ups
NavLive: funding round £4m — £3.3m seed plus £700,000 Innovate UK grant for handheld AI building scanners.funding round · Oxford Science Enterprises (lead); SOSV; Oxford Capital Partners and others; Innovate UK grant
Deal28 May 2025· Start-ups
Ankar: funding round £3m — Seed for an AI platform that helps inventors secure patents.funding round · Index Ventures (lead); Daphni; Motier; Booom; Puzzle Ventures
Deal28 May 2025· Chips and hardware
Aion Silicon (formerly Sondrel): major contract US$12m (≈ £8.9m) — Design of a RISC-V accelerator for HPC and AI workloads.major contract · unnamed customer
Deal28 May 2025· Software and tools
TurinTech: partnership — TurinTech named Taylor Wessing, Deaglo and Riskworx as Artemis users alongside Intel. Buys or funds: Artemis enterprise code optimisation and validation. Other investors: Intel (user).partnership · Taylor Wessing; Deaglo; Riskworx (users)
Deal23 May 2025· Investors
Converge: funding round 16.3m GBP — Converge (AI concrete monitoring) raised £16.3m (Late VC), reported by UKTN weekly roundup.funding round · ABN AMRO, Climate Investment, Move Energy, Pi Impact and others
Deal20 May 2025· Software and tools
Builder.ai (Engineer.ai Global Limited): collapse — Builder.ai said its main unit, Engineer.ai Corporation, would enter insolvency proceedings and appoint an administrator; Bloomberg reported a creditor had seized most of its cash. No administrator's notice or Gazette entry was opened.collapse
Deal20 May 2025· Software and tools
Builder.ai (Engineer.ai Global Limited): collapse — Company said it would enter insolvency proceedings and appoint an administrator.collapse
Deal19 May 2025· Established firms
Aviva and CyberCube AI threat actor intelligence: major contract — AI threat actor intelligence for cyber portfoliomajor contract · CyberCube
Deal19 May 2025· Labs
PhysicsX: partnership — PhysicsX forms a strategic collaboration with Microsoft For: Engineering use of Microsoft Discovery.partnership · Microsoft (Microsoft Discovery)
Deal15 May 2025· Software and tools
Mindtech: collapse — Mindtech Global Limited in administration; creditors' meeting result filed 15 May 2025 (start date not read).collapse
Deal14 May 2025· Software and tools
Granola: funding round US$43m (≈ £32.3m) — Series B.funding round · NFDG
Deal14 May 2025· Labs
Stability AI: partnership — Stability AI and Arm released a small open audio model for on-device use. For: Release of Stable Audio Open Small for on-device use.partnership · Arm
Deal14 May 2025· Labs
Stability AI: partnership — Stability AI and Arm released a small open audio model built to run on phones. For: Joint release of Stable Audio Open Small for on-device audio generation (after a 3 Mar 2025 on-device audio announcement).partnership · Arm
Deal13 May 2025· Start-ups
Anything World: wind down — Extraordinary resolution to wind up; liquidator appointed 22 May 2025wind down · Opus Restructuring (liquidator)
Deal9 May 2025· Software and tools
Doubleword: funding round £9m — Series A listed in UKTN weekly round-upfunding round · Dawn Capital; K5 Tokyo Black
Deal8 May 2025· Labs
Peptone: partnership — Peptone and Evotec form a strategic partnership For: Small molecules against intrinsically disordered proteins.partnership · Evotec
Deal7 May 2025· Software and tools
Nia: funding round US$850,000 (≈ £635,942) — Pre-seed for an AI assistant that helps engineers work across codebases.funding round · LocalGlobe
Deal6 May 2025· Labs
Latent Labs: partnership — Latent Labs and AWS announce a collaboration. For: Scaling generative AI for life sciences on AWS.partnership · Amazon Web Services
Deal2 May 2025· Investors
Arondite: funding round 9m GBP — Arondite (AI for defence hardware) raised £9m (Seed), reported by UKTN weekly roundup.funding round · Index Ventures
Deal1 May 2025· Start-ups
Arondite: funding round US$10m (≈ £7.5m) — Seed (US$12m with pre-seed)funding round · Index Ventures
Deal1 May 2025· Labs
AMPLY Discovery: funding round US$1.8m (≈ £1.3m) — Seed round for Queen's University Belfast spin-out.funding round · Twin Path Ventures
Deal1 May 2025· Start-ups
Arondite: funding round 12,000,000 (£9m) USD — Seed round led by Index Ventures.funding round · Index Ventures
Deal1 May 2025· Labs
Recraft: funding round US$30m (≈ £22.6m) — Recraft raised a $30M Series B led by Accel. For: Iterating on its own image model. Other investors: Madrona Ventures; Khosla Ventures, Nat Friedman, Elad Gil, RTP Global (existing).funding round · Accel
DealMay 2025· Big tech in the UK
Anduril UK: partnership — Anduril UK teamed with Archer Aviation, Skyports and AtkinsRéalis on dual-use eVTOL cargo aircraft testing. (Big tech file line 108; no source link given.)partnership · Archer Aviation; Skyports; AtkinsRéalis
Deal28 April 2025· Chips and hardware
Aion Silicon (formerly Sondrel): rename — Sondrel rebranded as Aion Silicon; Sondrel Limited renamed Aion Silicon Limited.rename · Intel Foundry (alliance joined)
Deal25 April 2025· Services and skills
Datatonic: acquisition — Datatonic announced purchase of the data-engineering firm Syntioacquisition · Syntio (target)
Deal18 April 2025· Start-ups
Hammer Missions: funding round £1.4m — Funding for AI software that maps and inspects structures from drone flights.funding round · ACF Investors; angels
Deal16 April 2025· Software and tools
Inephany: funding round £1.8m — Round for technology to make large language model training more efficient.funding round · Amadeus Capital Partners (lead); Sure Valley Ventures; Prof Steve Young
Deal16 April 2025· Labs
Stability AI: partnership — Stability AI's image models were optimised to run on AMD chips. For: Stable Diffusion optimised for AMD Radeon GPUs and Ryzen AI APUs.partnership · AMD
Deal15 April 2025· Labs
Synthesia: funding round — Strategic investment, amount not disclosed; ARR passed US$100mfunding round · Adobe Ventures
Deal15 April 2025· Software and tools
Mindset AI: funding round £4.3m — Round for a platform embedding AI agents into software products.funding round · Pembroke VCT; Edge VC (joint leads); Mountside Ventures
Deal14 April 2025· Start-ups
Wonder Studios: funding round US$3m (≈ £2.3m) — Pre-seedfunding round · LocalGlobe and Blackbird
Deal13 April 2025· Start-ups
tripAbrood: wind down — Members' voluntary winding up (resolution 9 December 2022); dissolved 13 April 2025wind down
Deal10 April 2025· Software and tools
incident.io: funding round US$62m (≈ £47.8m) — incident.io raised a $62m Series B, bringing total funding above $96m. Buys or funds: AI agents that investigate incidents and suggest fixes; engineering and go-to-market hiring. Other investors: Index Ventures; Point Nine.funding round · Insight Partners (lead; Thomas Krane)
Deal10 April 2025· Labs
Synthesia: licensing not disclosed — Synthesia licensed Shutterstock video for AI research, with an option for commercial use. For: Research licence to Shutterstock video library, option to extend to commercial use.licensing · Shutterstock
Deal10 April 2025· Labs
Synthesia: licensing — Synthesia licensed Shutterstock footage to train its EXPRESS-2 video and audio model. For: Research licence to Shutterstock's HD and 4K video library to pre-train the EXPRESS-2 avatar model, with option to extend to commercial use.licensing · Shutterstock
Deal8 April 2025· Cloud and compute
NexGen Cloud: funding round US$45m (≈ £35.3m) — Series A for the London GPU cloud firm.funding round · high-net-worth individuals and family trusts (not named)
Deal8 April 2025· Cloud and compute
NexGen Cloud: funding round US$45m (≈ £35.3m) — Series A for the UK GPU cloud behind Hyperstack.funding round · high-net-worth individuals and family trusts (not named)
Deal4 April 2025· Investors
Isomorphic Labs: funding round 462.3m GBP — Isomorphic Labs (AI drug discovery) raised £462.3m (Late VC), reported by UKTN weekly roundup.funding round · Thrive Capital, Google Ventures
Deal3 April 2025· Start-ups
Unravel: funding round US$7m (≈ £5.3m) — Series Afunding round · Nauta Capital
Deal3 April 2025· Start-ups
AlphaLoops: funding round £440,000 — Innovate UK Smart Grant for AI agents that automate investment-firm operations.funding round · Innovate UK (Smart Grant)
Deal3 April 2025· Start-ups
Grid Edge: funding round £2.8m — Birmingham AI building-energy software firm raises over £2.8m.funding round · Mercia Ventures (BIZ-INV-205), Midlands Engine Investment Fund II (lead); Centrica; bp Ventures (BIZ-INV-047)
Deal3 April 2025· Assurance
Newtons Tree (Newton's Tree): grant up to 200,000 GBP — Seed grant for CLIO, a project on oversight of clinical large language models.grant · AI Security Institute Systemic Safety Grants
Deal3 April 2025· Safety
Seabot Maritime; Frontier Robotics (with King's College London): grant up to 200,000 GBP — Seed grant for a project on human-AI workforce skills for safe cyber-physical systems.grant · AI Security Institute Systemic Safety Grants
Deal3 April 2025· Safety
Emlyn Square (with HSE Science and Research Centre): grant up to 200,000 GBP — Seed grant for SAFEHAZ, on safe AI in high-hazard environments.grant · AI Security Institute Systemic Safety Grants
Deal3 April 2025· Software and tools
InfoSum: acquisition — WPP bought InfoSum; CEO Lauren Wetzel stays and also becomes GroupM Chief Solutions Officer. Buys or funds: Data collaboration platform; joins GroupM and WPP Open.acquisition · WPP
Deal2 April 2025· Chips and hardware
Lumai: funding round US$10m (≈ £7.7m) — Round of more than US$10m; date from Package 1, not shown on pages opened.funding round · Constructor Capital (lead)
Deal1 April 2025· Start-ups
Fotenix: funding round £2.1m — New funding for AI-powered crop diagnostics; University of Manchester spin-out.funding round · not named
Deal31 March 2025· Labs
Isomorphic Labs: funding round US$600m (≈ £464.8m) — Isomorphic Labs, the Alphabet-owned AI drug-design company in London, raised $600m in its first external round, led by Thrive Capital with GV and Alphabet.funding round · Thrive Capital
Deal31 March 2025· Established firms
IDVerse acquisition (LexisNexis Risk Solutions): acquisition — Acquisition of AI document authentication firm closed in Q1 2025 (day not given)acquisition · IDVerse
Deal31 March 2025· Labs
Isomorphic Labs: funding round US$600m (≈ £464.8m) — First external round; GV and Alphabet took partfunding round · Thrive Capital
Deal31 March 2025· Software and tools
Diffblue: funding round £1m — Grant via the ITEA GENIUS project.funding round · Innovate UK (grant)
Deal31 March 2025· Start-ups
Fireflai: funding round £415,000 — Pre-seed for AI software that cleans and organises product data.funding round · DSW Ventures
Deal31 March 2025· Start-ups
POCKLA: funding round £1.6m — Seed for a London martech start-up using AI for content strategy (tech.eu teaser).funding round · not named
Deal31 March 2025· Start-ups
InsideOut 25: grant £196,071 — SBRI award for AI avatar-led workplace mental health interventions.grant · SBRI Healthcare
Deal31 March 2025· Start-ups
Affiniti AI: grant £194,852 — SBRI award for AI mental health co-therapist.grant · SBRI Healthcare
Deal28 March 2025· Start-ups
Humanising Autonomy: collapse — Administration, ended 19 September 2025collapse · Administrators (79 Caroline Street, Birmingham)
Deal28 March 2025· Investors
Ethos: funding round 2.5m GBP — Ethos (AI for consulting and recruitment) raised £2.5m (Seed), reported by UKTN weekly roundup.funding round · General Catalyst, 8VC, Interface Capital, Conviction Partners and others
Deal28 March 2025· Investors
Rival: funding round 3.2m GBP — Rival (3D content generation (sector labelled AI)) raised £3.2m (Seed), reported by UKTN weekly roundup.funding round · Speedinvest, New Renaissance Ventures
Deal27 March 2025· Chips and hardware
EnSilica: major contract US$18m (≈ £13.9m) — Arm-based mixed-signal sensor ASIC; estimated over $18m across seven years (not AI-specific).major contract · unnamed European electromechanical supplier
Deal26 March 2025· Start-ups
Embargo: funding round £350,000 — Innovate UK Smart Grant to build an AI model for its hospitality CRM.funding round · Innovate UK (Smart Grant)
Deal25 March 2025· Software and tools
Paid: funding round €10m (≈ £8.3m) — Pre-seed.funding round · EQT Ventures; Sequoia
Deal25 March 2025· Cloud and compute
Nscale: partnership not disclosed — InfraPartners to build Nscale's Glomfjord expansion to 60MW. Buys or funds: Expansion of the Glomfjord Industrial Park facility, Norway, from 30MW to 60MW using modular prefabricated build; go-live set for Q2 2025.partnership · InfraPartners
Deal24 March 2025· Chips and hardware
EnSilica: major contract — Multi-million-pound chip design and manufacturing services contract.major contract · unnamed optical computing systems company
Deal20 March 2025· Established firms
NatWest Group and OpenAI collaboration: major contract — Collaboration giving NatWest access to OpenAI products and consultancymajor contract · OpenAI
Deal20 March 2025· Software and tools
TurinTech: funding round 20,000,000 (cumulative) USD — TurinTech disclosed $20m raised in total as it launched Artemis; round split and investors not given. Buys or funds: Artemis code-optimisation platform.funding round · not named
Deal19 March 2025· Software and tools
1Spatial: partnership €9m (≈ £7.6m) — 1Spatial reported a delayed start to a €9m Belgian digital-twin contract. Buys or funds: Digital twin of a distribution network.partnership · Unnamed Belgian client
Deal18 March 2025· Start-ups
CareLoop Health: grant £488,002 — SBRI phase 3 award for AI digital therapeutic platform.grant · SBRI Healthcare (Competition 26, urgent and emergency care phase 3)
Deal18 March 2025· Start-ups
Bering: grant £499,258 — SBRI phase 3 award for machine-learning admission-risk tool.grant · SBRI Healthcare (Competition 26, urgent and emergency care phase 3)
Deal18 March 2025· Start-ups
Dem Dx: grant £497,234 — SBRI phase 3 award for DemDx clinical decision platform for frontline clinicians.grant · SBRI Healthcare (Competition 26, urgent and emergency care phase 3)
Deal17 March 2025· Big tech in the UK
Oracle (UK): investment pledge US$5bn (≈ £3.85bn) — Five-year UK cloud infrastructure investmentinvestment pledge
Deal17 March 2025· Cloud and compute
Oracle Cloud UK regions (UK South, London, and UK West, Newport): investment pledge US$5bn (≈ £3.85bn) — Oracle to invest $5bn over five years in UK cloud infrastructure.investment pledge · Oracle
Deal13 March 2025· Start-ups
BenevolentAI: delisting — BenevolentAI shares were delisted from Euronext Amsterdam, following shareholder approval of a merger into Osaka Holdings (proposal published 5 February 2025).delisting · Osaka Holdings S.à r.l.
Deal13 March 2025· Start-ups
BenevolentAI: delisting — Shares delisted from Euronext Amsterdam.delisting · Euronext Amsterdam
Deal13 March 2025· Start-ups
Merx: funding round £1m — Pre-seed for a conversational AI platform for brand messaging and commerce.funding round · VentureFriends (lead); Ascension
Deal13 March 2025· Start-ups
YAi: funding round £250,000 — SEIS funding for an AI content generation and quality-scoring studio.funding round · Jenson Ventures (lead)
Deal12 March 2025· Start-ups
Peak: acquisition — UiPath announced it had acquired Peak, a Manchester company that makes AI software for pricing and inventory decisions. Terms not disclosed.acquisition · UiPath
Deal12 March 2025· Established firms
National Grid Partners US$100m AI start-up commitment: investment pledge US$100m (≈ £77.1m) — National Grid's venture arm commits US$100m (£77.3m) to AI start-upsinvestment pledge · AI start-ups in energy (Amperon latest)
Deal12 March 2025· Start-ups
BenevolentAI: merger — Merged into Osaka Holdings, which took the BenevolentAI name.merger · Osaka Holdings S.à r.l.
Deal12 March 2025· Start-ups
Peak: acquisition — UiPath acquires Manchester AI pricing and inventory company Peakacquisition · UiPath
Deal12 March 2025· Labs
Google DeepMind: partnership — Google DeepMind partnered with Apptronik on humanoid robots using its Gemini Robotics models. For: Building next-generation humanoid robots with Gemini 2.0 / Gemini Robotics.partnership · Apptronik
Deal10 March 2025· Cloud and compute
Ori: major contract — Ori puts its first UK cloud region, with NVIDIA H200 GPUs, at Kao Data Harlow.major contract · Kao Data (BIZ-DC-004)
Deal7 March 2025· Investors
Quantexa: funding round 135.5m GBP — Quantexa (AI data intelligence) raised £135.5m (Series F), reported by UKTN weekly roundup.funding round · HSBC, Warburg Pincus, Ontario Teachers' Pension Plan, BNY Mellon and others
Deal6 March 2025· Software and tools
Conveo: funding round US$5.3m (≈ £4.1m) — YC page lists the headline on a $5.3M raise. Buys or funds: AI video interviews for market research.funding round · not named
Deal5 March 2025· Start-ups
Quantexa: funding round £15m — £15m follow-on in Quantexa's Series F (date from search listing; page undated)funding round · British Patient Capital (BIZ-INV-003)
Deal5 March 2025· Labs
Stability AI: funding round — Strategic investment and partnership, amount not statedfunding round · WPP
Deal5 March 2025·
Notify (new): funding round £1.5m — Round for a workplace safety platform adding AI-powered features.funding round · Calculus Capital; North East Venture Fund (Mercia Ventures; ERDF)
Deal4 March 2025· Start-ups
Nisien.AI: funding round — Undisclosed joint investment from the £130m Investment Fund for Walesfunding round · Foresight Group and Development Bank of Wales (Investment Fund for Wales)
Deal4 March 2025· Software and tools
Cloudsmith: funding round US$23m (≈ £18.1m) — Cloudsmith raised a £18m ($23m) Series B led by TCV, one of Northern Ireland's largest rounds. Buys or funds: sales, marketing, customer success, R&D. Other investors: Insight Partners; MMC; Frontline; Techstart; Sorenson; Tapestry; Shasta.funding round · TCV (lead)
Deal3 March 2025· Services and skills
iSchemaView Inc (US supplier): major contract £12,495 — Licence and support for AI brain-imaging software, April 2025 to March 2026.major contract · Hull University Teaching Hospitals NHS Foundation Trust
Deal1 March 2025· Start-ups
Tract: wind down — Suspended operations; remaining cash returned to investorswind down
DealMarch 2025· Cloud and compute
Oracle Cloud UK regions (UK South, London, and UK West, Newport): investment pledge US$5bn (≈ £3.97bn) — Plan to expand Oracle Cloud Infrastructure in the UK; AI services added to UK Sovereign Cloud in September 2025.investment pledge
Deal28 February 2025· Established firms
Pearson and AWS AI collaboration: major contract — Expanded AI collaboration on AWS and Bedrockmajor contract · Amazon Web Services
Deal28 February 2025·
Relay (new): funding round £27m — Funding for an AI-powered parcel logistics network.funding round · Plural; Project A; Prologis Ventures
Deal28 February 2025· Start-ups
Electric Sheep: funding round £500,000 — Innovate UK Smart Grant for AI tools that automate rotoscoping in visual effects (BusinessCloud lists it under March 2025).funding round · Innovate UK (Smart Grant)
Deal27 February 2025· Established firms
WPP AI and data strategy (WPP Open): investment pledge £300m — Annual WPP Open investment raised to £300minvestment pledge
Deal21 February 2025· Investors
Luminance: funding round 59.5m GBP — Luminance (AI for legal work) raised £59.5m (Series C), reported by UKTN weekly roundup.funding round · March Capital Partners, Point72 Ventures, Slaughter and May, Forestay Capital and others
Deal20 February 2025· Safety
Safe Intelligence: funding round £4.2m — Seed round with OTB Ventures and Vsquared Venturesfunding round · Amadeus Capital Partners
Deal20 February 2025· Start-ups
Lighthearted AI Health: grant £99,125 — SBRI phase 1 award for LightScope AI-assisted diagnosis.grant · SBRI Healthcare (Competition 25, women's health phase 1)
Deal20 February 2025· Start-ups
Spryt: grant £100,000 — SBRI phase 1 award for Asa WhatsApp AI receptionist.grant · SBRI Healthcare (Competition 25, women's health phase 1)
Deal20 February 2025· Start-ups
Holly Health: grant £79,247 — SBRI phase 1 award to co-design coaching for binge eating symptoms.grant · SBRI Healthcare (Competition 25, women's health phase 1)
Deal20 February 2025· Labs
MatNex (Materials Nexus): partnership — MatNex and Viridien partnered to scale MatNex's computing capacity. For: AI, HPC and optimisation capacity for materials discovery.partnership · Viridien
Deal19 February 2025· Start-ups
Alfa: funding round £500,000 — Pre-seed (around £500,000) for an AI recruitment agent; article body gives a £4.75m valuation.funding round · Fuel Ventures (lead); angels
Deal18 February 2025· Chips and hardware
Cambridge GaN Devices (CGD): funding round US$32m (≈ £25.4m) — Series Cfunding round · Cambridge Innovation Capital, IQ Capital, Parkwalk, Foresight, BGF, British Patient Capital (no lead named)
Deal18 February 2025· Start-ups
Metaphysic: acquisition — Brahma, the AI and content technology company created by DNEG Group, announced it was acquiring Metaphysic, a London maker of AI face and video synthesis tools; Broadcast reported the combined business valued at $1.43bn. Terms not disclosed.acquisition · Brahma (DNEG Group)
Deal18 February 2025· Start-ups
Metaphysic: acquisition — Brahma announced the acquisition of Metaphysicacquisition · Brahma (DNEG Group)
Deal18 February 2025· Start-ups
Napier AI: uk office opening — Belfast centre of excellence, 106 jobs planned (Invest NI says announced January 2025)uk office opening · Invest Northern Ireland (support)
Deal18 February 2025· Start-ups
Luminance: funding round US$75m (≈ £59.5m) — Series Cfunding round · Point72
Deal17 February 2025· Software and tools
Hazy: wind down — Members' voluntary liquidation (special resolution; declaration of solvency).wind down
Deal14 February 2025· Established firms
Guardian Media Group: major contract — Content partnership; Guardian may also use OpenAI technology in-house.major contract · OpenAI
Deal14 February 2025· Investors
Latent Labs: funding round 40m GBP — Latent Labs (AI for biology design) raised £40m (Series A), reported by UKTN weekly roundup.funding round · Sofinnova Partners, 8VC, Kindred Capital, Isomer Capital and others
Deal13 February 2025· Labs
Latent Labs: funding round US$40m (≈ £31.9m) — Series A; US$50m total funding at launchfunding round · Radical Ventures and Sofinnova Partners
Deal13 February 2025· Labs
Latent Labs: funding round 50,000,000 (incl. 40,000,000 Series A) USD — Out of stealth with protein-design platform.funding round · Radical Ventures; Sofinnova Partners
Deal12 February 2025· Services and skills
London Economics Ltd: major contract £265,224 — Monitoring and evaluation of the AI Research Resource programme, February 2025 to March 2026.major contract · Department for Science, Innovation and Technology
Deal12 February 2025· Labs
Stability AI: partnership — Stability AI's image model was listed on Microsoft's cloud AI platform. For: Stable Diffusion 3.5 Large offered on Microsoft Azure AI Foundry.partnership · Microsoft (Azure AI Foundry)
Deal11 February 2025· Software and tools
Noxus: funding round £1.2m — Pre-seed for an AI operating system that lets enterprises deploy teams of AI workers.funding round · SFC Capital (lead); Antler
Deal10 February 2025· Start-ups
Conigital: wind down — Liquidators appointed (date of report; appointment date not given)wind down · Begbies Traynor (liquidators)
Deal10 February 2025· Cloud and compute
Scan Computers (Scan AI and Scan Cloud): partnership — NVIDIA certified Scan as a DGX managed service provider, one of eleven worldwide. Buys or funds: DGX-ready managed service provider status.partnership · NVIDIA (BIZ-BIG-014)
Deal5 February 2025· Start-ups
Graide: major contract — Three-year contract after a public tendermajor contract · University of Birmingham
DealFebruary 2025· Cloud and compute
Fluidstack: investment pledge €10bn (≈ £8.37bn) — Fluidstack pledged €10bn for a 1GW AI supercomputer in France. Buys or funds: A 1-gigawatt AI supercomputer in France.investment pledge
DealFebruary 2025· Cloud and compute
Scan Computers (Scan AI and Scan Cloud): gpu purchase — Scan installed a DGX B200 system for its hosted DGX service, described as Europe's first DGX B200 cluster. Buys or funds: NVIDIA DGX B200, eight B200 GPUs, with PEAK:AIO storage.gpu purchase · NVIDIA (BIZ-BIG-014)
DealFebruary 2025· Labs
Isomorphic Labs: partnership — Novartis collaboration expanded (month only on company page). For: Expansion by up to three more research programmes.partnership · Novartis
Deal31 January 2025·
Prosper (new): funding round £4m — Series A for a wealth management platform that uses AI.funding round · Fuel Ventures
Deal30 January 2025· Labs
ElevenLabs: funding round US$180m (≈ £144.4m) — Series Cfunding round · a16z and ICONIQ Growth
Deal30 January 2025· Cloud and compute
Pulsant: site opening — Pulsant launched a UK private cloud aimed at data sovereignty and private AI. Buys or funds: Pulsant Private Cloud at Croydon LN-1, Newcastle NE-1, Edinburgh SC-1, with private AI services.site opening
Deal30 January 2025· Software and tools
Lifebit: partnership — Cancer Research Horizons partnered with Lifebit on research data. Buys or funds: Access to cancer research data.partnership · Cancer Research Horizons
Deal24 January 2025· Start-ups
Vizgard: funding round £1.5m — Series Afunding round · Sure Valley Ventures
Deal24 January 2025· Start-ups
TalentMapper: funding round £2m — Series A for an HR platform using AI and machine learning to map workplace skills.funding round · Mercia Ventures; Haatch
Deal24 January 2025· Chips and hardware
IQE: major contract US$500,000 (≈ £400,513) — Partnership and initial purchase order for quantum-dot wafers for AI optical interconnects.major contract · Quintessent
Deal22 January 2025· Start-ups
Vizgard: funding round £1.5m — Oversubscribed round for London AI threat-identification firm.funding round · Sure Valley Ventures (with Midwich Ignite, Focal)
Deal21 January 2025· Start-ups
Behold.ai: wind down — Court order to wind up filed 21 January 2025; liquidator appointed (filed 26 March 2025)wind down · Court (compulsory liquidation)
Deal17 January 2025·
Oh (new): funding round £3.7m — Seed for OhChat, an AI character chat platform for adult content.funding round · Tangent, Kosmos Ventures, Big Brain Holdings, Bodhi Ventures, Tagus Capital
Deal17 January 2025· Start-ups
RocketPhone.ai: funding round £8.6m — Seed for voice software that records sales calls and automates follow-up.funding round · no venture capital named
Deal17 January 2025· Start-ups
Arcube: funding round £1.2m — Seed for an AI platform that raises airline loyalty and ancillary revenue.funding round · Fuel Ventures; Oxford Capital Partners
Deal15 January 2025· Big tech in the UK
Mistral AI (UK): uk office opening — London office opened as Mistral's first European base outside France; aim to double UK staff by end 2025.uk office opening
Deal14 January 2025· Established firms
Pearson and Microsoft AI partnership: major contract — Multi-year AI partnership; Pearson VUE certification work to 2029major contract · Microsoft
Deal14 January 2025· Labs
Alchemab Therapeutics: partnership — Lilly and Alchemab agreed to work on up to five ALS antibodies. For: discovery and development of up to five ALS antibodies.partnership · Eli Lilly
Deal13 January 2025· Data centres
Nscale: investment pledge US$2.50bn (≈ £2.06bn) — Nscale announces UK data-centre investment (headline £2bn, body $2.5bn over three years), with Loughton at up to 45,000 GB200 GPUs, live Q4 2026 as then planned.investment pledge · Nscale
Deal13 January 2025· Data centres
CoreWeave (UK): uk office opening — CoreWeave says its Crawley and London Docklands AI data centres are operational (NVIDIA H200).uk office opening · Digital Realty; Global Switch
Deal13 January 2025· Start-ups
Adarga: major contract £12m — Enterprise Agreement Lite, "up to" £12mmajor contract · Ministry of Defence
Deal13 January 2025· Big tech in the UK
Vantage Data Centers (UK): investment pledge £12bn — More than £12bn in UK data centres, 11,500 jobs, including a campus in Wales.investment pledge
Deal13 January 2025· Big tech in the UK
Kyndryl: uk office opening — New Liverpool tech hub with up to 1,000 AI-related jobs over three years.uk office opening
Deal13 January 2025· Start-ups
Summatic: grant — One of 16 developers sharing £1 million to build AI feedback tools using the DfE content store; individual amount not stated.grant · Department for Education / Innovate UK (AI content store contest)
Deal12 January 2025· Cloud and compute
Nscale: investment pledge US$2.50bn (≈ £2.04bn) — Three-year UK data-centre investment announced with the AI Opportunities Action Plan, including Loughton, Essex.investment pledge
Deal10 January 2025· Start-ups
VitVio: funding round £1.5m — Pre-seed for computer vision that tracks the performance of medical procedures.funding round · LDV Capital, Bek Ventures, Tiny Supercomputer Investment Company and angels
Deal10 January 2025· Start-ups
RoboK: funding round £1m — UKRI grant for technology that adds AI to CCTV systems.funding round · UKRI (grant)
Deal9 January 2025· Start-ups
Lenus Health: collapse — Administrator appointed.collapse · FRP Advisory (administrators)
Deal8 January 2025· Big tech in the UK
xAI (UK) — X.AI London Ltd: uk office opening — xAI begins hiring engineers in London (trade report)uk office opening
Deal1 January 2025· Start-ups
Lawhive: acquisition — Lawhive bought a UK law firmacquisition · Woodstock Legal Services (target)
Deal1 January 2025· Start-ups
Brainomix: funding round £14m — Original Series C (year only).funding round · Parkwalk Advisors; Boehringer Ingelheim Venture Fund; Hostplus (as recorded in earlier pass)
Deal1 January 2025· Start-ups
Ignota Labs: funding round £5.5m — Seed round (year only, as reported).funding round
Deal1 January 2025· Start-ups
CHARM Therapeutics: funding round US$80m (≈ £63.9m) — Reported in Business Weekly's Q3 2025 Cambridge round-up; investors not stated.funding round
Deal2025· Data centres
Pulsant: acquisition not disclosed — Pulsant bought its Birmingham data centre (now WM-1) from SCC.acquisition · Specialist Computer Centres PLC (SCC)
Deal2025· Software and tools
Fern Labs: funding round US$3m (≈ £2.4m) — Seed round of $3M with Air Street as the only investor; month not given.funding round · Air Street Capital (sole investor)
Deal2025· Software and tools
Fern Labs: acquisition — Poolside bought Fern Labs; Air Street had backed both companies early. Month and price not given.acquisition · Poolside
Deal2025· Cloud and compute
HX2, Imperial College London: gpu purchase £10m — £10m Imperial supercomputer under ICICLE. Buys or funds: 24 GPU nodes with 4 × H200 each; 96 Xeon 6 CPU nodes. Other investors: NVIDIA (H200).gpu purchase · Lenovo (BIZ-INV-2158); Intel (BIZ-BIG-2034)
Deal2025· Cloud and compute
CSF3 NVIDIA H200 expansion, University of Manchester: gpu purchase — Manchester adds H200 GPUs to CSF3. Buys or funds: 32 NVIDIA H200 in four HGX nodes. Other investors: Alces (integration); Dell (host servers).gpu purchase · NVIDIA (BIZ-BIG-014)
Deal2025· Cloud and compute
ARCHER2: government contract — ARCHER2 extended; access ends 2026-11-20. Buys or funds: 12-month service extension to November 2026.government contract · — (grantor not named)
Deal2025· Cloud and compute
Cirrus: government contract — New Cirrus hardware from HPE, due before end of 2025. Buys or funds: HPE Cray EX4000 refresh, 256 nodes, 73,228 cores.government contract · HPE (BIZ-BIG-2030)
Deal2025· Software and tools
Trace: funding round — Trace joined Y Combinator. Buys or funds: YC Summer 2025 batch.funding round · Y Combinator
Deal2025· Software and tools
throxy: funding round — throxy joined Y Combinator. Buys or funds: YC Spring 2025 batch. Other investors: Base10 (per headline).funding round · Y Combinator
Deal2025· Software and tools
BIZ-SW-5026 Lua (Lua Global Inc): funding round — Lua joined Y Combinator. Buys or funds: YC Fall 2025 batch.funding round · Y Combinator
Deal2025· Software and tools
BIZ-SW-5027 Artil: funding round — Artil joined Y Combinator. Buys or funds: YC Winter 2025 batch.funding round · Y Combinator
Deal2025· Software and tools
Parsewise: funding round — Parsewise joined Y Combinator. Buys or funds: YC Spring 2025 batch.funding round · Y Combinator
Deal2025· Software and tools
Artificial Societies: funding round — Artificial Societies joined Y Combinator. Buys or funds: YC Winter 2025 batch.funding round · Y Combinator
Deal2025· Software and tools
Leeroo: funding round — Leeroo joined Y Combinator. Buys or funds: YC Spring 2025 batch.funding round · Y Combinator
Deal2025· Software and tools
Motives: funding round — Motives joined Y Combinator. Buys or funds: YC Summer 2025 batch.funding round · Y Combinator
Deal2025· Labs
The Alan Turing Institute (AI assurance and security work): partnership — Turing, Cambridge and Microsoft Research built the end-to-end AI weather model published in Nature. For: Joint development of Aardvark Weather (BIZ-LAB-14082).partnership · University of Cambridge; Microsoft Research
Deal30 December 2024· Software and tools
Pri0r1ty Intelligence Group: listing £1m — Pri0r1ty joined AIM through SPAC Alteration Earth, which cancelled its Main Market listing. Buys or funds: Working capital.listing · AIM (London Stock Exchange) via Alteration Earth plc
Deal30 December 2024· Software and tools
BIZ-SW-6005 Pri0r1ty Intelligence Group: listing £1m — AI SaaS firm Pri0r1ty was due to list on AIM on 30 December 2024 through a deal with Alteration Earth, raising £1m. Buys or funds: working capital alongside a £13m acquisition deal.listing · AIM, London Stock Exchange (via Alteration Earth shell)
Deal28 December 2024· Services and skills
Redpen AI Ltd: grant £64,478 — Innovation funding, published as a contract award, to build a generative AI tool for education.grant · Department for Education (AI Catalyst Fund)
Deal19 December 2024· Start-ups
Featurespace: acquisition — Visa completed its purchase of Featurespace, the Cambridge fraud-detection AI company. Date is the completion date; price and announcement date not on the page opened.acquisition · Visa
Deal19 December 2024· Start-ups
Featurespace: acquisition — Acquisition completed; terms not disclosedacquisition · Visa
Deal19 December 2024· Labs
Stability AI: partnership — Stability AI's image models were made available through Amazon's cloud model services. For: Stable Diffusion 3.5 Large offered on Amazon Bedrock (after SageMaker JumpStart, 14 Nov 2024; top three text-to-image models on Bedrock, 4 Sep 2024; Image Services on Bedrock, 18 Sep 2025).partnership · Amazon Web Services (Amazon Bedrock)
Deal18 December 2024· Labs
Odyssey: partnership — Odyssey trialled Explorer inside a production workflow with Garden Studios. For: Production trial of the Explorer image-to-world model (BIZ-LAB-14059).partnership · Garden Studios
Deal16 December 2024· Start-ups
Concinnity Genetics: funding round £3m — Round with Scottish Enterprise, Old College Capital and Maven.funding round · Eos Advisory
Deal16 December 2024· Services and skills
PwC UK (AI practice): major contract £4.1m — UKRI contract for PwC to build and run the AI Skills Hub, December 2024 to March 2026.major contract · UK Research and Innovation
Deal11 December 2024· Software and tools
TurinTech: partnership — TurinTech news index lists its selection for the Microsoft UK GenAI Accelerator (article not opened). Buys or funds: Accelerator place.partnership · Microsoft (UK GenAI Accelerator)
Deal10 December 2024· Cloud and compute
Hartree Centre: partnership — Three-way fusion AI partnership. Buys or funds: Fusion foundation models from JET and MAST-U data (BIZ-CLD-6028).partnership · IBM Research UK (BIZ-BIG-034); UK Atomic Energy Authority
Deal9 December 2024· Data centres
Nscale: funding round US$155m (≈ £121.1m) — London AI hyperscaler raised a $155m Series A.funding round · Sandton Capital Partners
Deal5 December 2024· Start-ups
Lawhive: funding round US$40m (≈ £31.4m) — London AI legal start-up raised $40m, again led by GV.funding round · GV (Google Ventures); TQ Ventures (co-leads per tech.eu)
Deal5 December 2024· Established firms
Future plc: major contract — Content partnership bringing Future titles to ChatGPT users.major contract · OpenAI
Deal5 December 2024· Labs
Tolemy Bio: partnership — Tolemy Bio joined MFX and Aminoacids.com to design AI culture media for cell therapies. For: AI-derived media formulations for T-cell culture.partnership · MFX; Aminoacids.com
Deal4 December 2024· Labs
PhysicsX: partnership — Siemens and PhysicsX agreed to build AI-based physics simulation, starting with an aerospace model. For: LGM-Aero trained on simulation data from Siemens Xcelerator (Simcenter STAR-CCM+ and Nastran); Ai.rplane released.partnership · Siemens Digital Industries Software
Deal2 December 2024· Start-ups
9fin: funding round US$50m (≈ £39.6m) — London AI debt-market analytics firm closed a $50m Series B.funding round · Highland Europe
Deal2 December 2024· Cloud and compute
Civo: investment pledge 2000000000 (stated as INR 200 crore) INR — UK cloud firm Civo committed INR 200 crore to launch its India region in Mumbai. Buys or funds: Civo India cloud region in a Sify data centre in Mumbai (80% renewable-powered); India team; site outside the UK.investment pledge · Sify Technologies (data-centre host)
DealDecember 2024· Labs
xAI (UK) — X.AI London Ltd: uk office opening — UK company incorporated; team in X's Piccadilly office.uk office opening · xAI
DealDecember 2024· Software and tools
Pri0r1ty Intelligence Group: acquisition £13m — The SPAC deal valued the acquisition at £13m. Buys or funds: Reverse takeover alongside AIM listing.acquisition · Alteration Earth plc (acquirer; renamed Pri0r1ty Intelligence Group Plc)
DealDecember 2024· Labs
Orbital Industries (Orbital Materials Ltd): partnership — AWS strategic agreement For: Strategic agreement on data-centre decarbonisation, cooling and water use; Orb on SageMaker JumpStart and AWS Marketplace.partnership · Amazon Web Services
Deal29 November 2024· Services and skills
Covailent Ltd: grant £50,368 — Innovation funding, published as a contract award, to build a generative AI tool for education.grant · Department for Education (AI Catalyst Fund)
Deal28 November 2024· Start-ups
Vente AI: funding round £500,000 — London start-up with a lead-analysis model for recruiters raised £500,000 pre-seed.funding round · Antler VC and angels (no lead named)
Deal28 November 2024· Services and skills
FFT Education Ltd: grant £50,198 — Innovation funding, published as a contract award, to build a generative AI tool for education.grant · Department for Education (AI Catalyst Fund)
Deal22 November 2024· Software and tools
TurinTech: partnership — TurinTech news index lists a strategic partnership with Boston Limited. Buys or funds: Not stated (article not opened).partnership · Boston Limited
Deal21 November 2024· Established firms
ProRata.ai: funding round — DMG Media invested in AI start-up ProRata.ai and gave it access to its content and archives.funding round · DMG Media (Daily Mail and General Trust)
Deal20 November 2024· Start-ups
Exscientia: merger — Exscientia, the Oxford AI drug-discovery company, became a wholly owned subsidiary of Recursion on completion of their combination. Date is the completion date; value and announcement date not on the page opened.merger · Recursion Pharmaceuticals
Deal20 November 2024· Start-ups
Exscientia: acquisition — Business combination completed; Exscientia became a wholly owned subsidiary of Recursion.acquisition · Recursion Pharmaceuticals
Deal20 November 2024· Start-ups
Exscientia: delisting — Nasdaq ADSs ceased trading and were to be delisted.delisting · Nasdaq
Deal20 November 2024· Cloud and compute
Higgs HPC cluster, Northumbria University: government contract undisclosed ("multi-million pound") GBP — Northumbria's first university-wide HPC. Buys or funds: Lenovo ThinkSystem and AMD EPYC HPC; five-year integration and expansion.government contract · Lenovo (BIZ-INV-2158); Logicalis UKI (BIZ-CLD-6003)
Deal19 November 2024· Start-ups
Bronze: acquisition — Bronze bought Chroma; Chroma stock converted to Bronze stockacquisition · Chroma (target)
Deal14 November 2024· Software and tools
Tessl: funding round US$100m (≈ £78.7m) — Series A, disclosed with a US$25m seed led by Boldstart and GV.funding round · Index Ventures
Deal13 November 2024· Labs
Odyssey: funding round US$18m (≈ £14.1m) — Odyssey raises an $18m Series A led by EQT Ventures. For: Series A; capture and generation of 3D worlds.funding round · EQT Ventures
Deal12 November 2024· Software and tools
Hazy: acquisition — SAS bought Hazy's principal software assets.acquisition · SAS Institute
Deal11 November 2024· Chips and hardware
EnSilica: major contract — EnSilica to design and supply photonics controller chips for Oriole's optical switches.major contract · Oriole Networks (BIZ-CHIP-011)
Deal11 November 2024· Software and tools
Northflank: funding round 22,000,000 (seed and Series A combined) USD — Northflank announced $22m across seed and Series A. Buys or funds: Product, SRE and go-to-market teams; more regions, BYOC providers, BYOK. Other investors: Kindred Ventures; Pebblebed; Uncorrelated Ventures.funding round · Bain Capital Ventures; Vertex Ventures US (leads)
Deal5 November 2024· Chips and hardware
EnSilica: major contract US$7m (≈ £5.4m) — Edge AI chip contract with possible supply revenue above $50m over five years (reported with going-concern warning).major contract · unnamed
Deal31 October 2024· Start-ups
Scalpel AI: funding round £3.8m — Round with Tensor Ventures.funding round · Mercia Ventures
Deal25 October 2024· Services and skills
Corndel: acquisition — Galileo bought THI Investments' stake in Corndelacquisition · Galileo Global Education
Deal25 October 2024· Start-ups
Kheiron Medical Technologies (now DeepHealth UK): acquisition — DeepHealth acquired the London breast-screening AI company; price not disclosed.acquisition · DeepHealth (RadNet)
Deal25 October 2024· Chips and hardware
Fractile: grant £5m — ARIA funding for analogue in-memory compute.grant · ARIA (Scaling Compute)
Deal25 October 2024· Cloud and compute
ARIA Scaling Compute: compute grant £50m — 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").compute grant · ARIA
Deal23 October 2024· Chips and hardware
Fractile: major contract — Licence for AX45MPV 64-bit RISC-V vector processor IP for Fractile's first data-centre inference accelerator.major contract · Andes Technology
Deal23 October 2024· Software and tools
Granola: funding round US$20m (≈ £15.4m) — Granola raised a $20m Series A led by Spark Capital; weekly users up 6x since launch. Buys or funds: AI meeting notepad. Other investors: AI Grant (Nat Friedman, Daniel Gross); Lightspeed; Betaworks; Firstminute Capital.funding round · Spark Capital (lead)
Deal21 October 2024· Chips and hardware
Oriole Networks: funding round US$22m (≈ £16.9m) — Series A (reported as £16.9m).funding round · Plural (lead)
Deal21 October 2024· Established firms
GSK: investment pledge £50m — Five-year GSK–Cambridge research collaboration in kidney and respiratory disease that uses AI; "more than £50 million".investment pledge · University of Cambridge
Deal21 October 2024· Chips and hardware
Oriole Networks: funding round £17m — Series A for photonic networking of AI chips.funding round · Plural
Deal21 October 2024· Services and skills
IBM UK (AI consulting and AI skills): major contract £247,604 — Generative AI tools and cloud support for Avon and Somerset police, via G-Cloud 13 Lot 3.major contract · South West Police Procurement Service (PCC Avon and Somerset)
Deal17 October 2024· Software and tools
Mindtech: funding round £4.4m — Round with Mercia Ventures and NPIF (date from Package 1).funding round · Edge
Deal15 October 2024· Start-ups
Shift Bioscience: funding round US$16m (≈ £12.2m) — Seed round with F-Prime Capital, Kindred Capital and Jonathan Milner.funding round · BGF
Deal14 October 2024· Big tech in the UK
ServiceNow (UK): investment pledge US$1.50bn (≈ £1.15bn) — UK business investment over five years, incl. NVIDIA GPUs in UK data centresinvestment pledge
Deal14 October 2024· Big tech in the UK
CoreWeave (UK): investment pledge £750m — Further £750m for UK AI cloud infrastructure, CoreWeave's second UK pledge of 2024.investment pledge
Deal14 October 2024· Big tech in the UK
ServiceNow (UK): investment pledge £1.15bn — £1.15bn into the UK business over five years, including data centres with Nvidia GPUs.investment pledge
Deal14 October 2024· Big tech in the UK
CyrusOne: investment pledge £2.50bn — US-headquartered data centre developer to expand UK investment to £2.5bn; two data centres due by Q4 2028, subject to planning.investment pledge
Deal14 October 2024· Big tech in the UK
CloudHQ: investment pledge £1.90bn — Washington DC-based CloudHQ to develop a £1.9bn data centre campus in Didcot, Oxfordshire.investment pledge
Deal14 October 2024· Cloud and compute
CoreWeave (UK): investment pledge £750m — Further UK investment in AI cloud infrastructure, part of a £6.3bn data-centre package announced by DSIT.investment pledge
Deal14 October 2024· Cloud and compute
ServiceNow (UK): investment pledge £1.15bn — Five-year UK investment covering AI development, data centres with Nvidia GPUs for local processing, and offices.investment pledge
Deal11 October 2024· Software and tools
Lightdash: funding round £8m — Lightdash raised an £8m Series A led by existing investor Accel (week ending 11 October 2024). Other investors: Operator Partners; Shopify Ventures; Y Combinator.funding round · Accel
Deal10 October 2024· Start-ups
Ensemble Analytics: grant — Round 2 winner for AI depot scheduling.grant · DfT Freight Innovation Fund round 2
Deal10 October 2024· Start-ups
Sorair Technologies Ltd: grant — Round 2 winner for Soranet security platform.grant · DfT Freight Innovation Fund round 2
Deal10 October 2024· Start-ups
AI Automation Ltd: grant — Round 2 winner for collaborative palletising system.grant · DfT Freight Innovation Fund round 2
Deal10 October 2024· Start-ups
Flexible Power Systems Ltd: grant — Round 2 winner to optimise delivery schedules and charger use in real time.grant · DfT Freight Innovation Fund round 2
Deal9 October 2024· Labs
Basecamp Research: funding round US$60m (≈ £45.9m) — $60m round reported by TechCrunch (headline only; lead and investors to verify). For: Building a 'GPT for biology'.funding round · not verified
Deal8 October 2024· Established firms
Vodafone and Google ten-year AI and cloud deal: major contract US$1bn (≈ £763.8m) — Ten-year deal worth more than US$1bn (cloud, security, devices, AI)major contract · Google
Deal8 October 2024· Software and tools
Lifebit: partnership — Flatiron Health and Lifebit partnered on real-world data for cancer care in Japan. Buys or funds: Real-world cancer data in Japan.partnership · Flatiron Health
Deal2 October 2024· Start-ups
Ameba: funding round US$7.1m (≈ £5.4m) — London AI supply-chain data start-up raised a $7.1m seed round.funding round · Hedosophia
Deal2 October 2024· Start-ups
Darktrace (recorded under risk): delisting — Listing and trading cancelled at 8.00am on 2 October 2024, after the scheme took effect on 1 October.delisting · Luke Bidco Limited (Thoma Bravo funds, BIZ-INV-301)
Deal1 October 2024· Start-ups
Darktrace (recorded under risk): acquisition US$5.30bn (≈ £3.99bn) — Thoma Bravo completed its all-cash purchase of Darktrace, the Cambridge cyber-security AI company, at about $5.3bn ($7.75 a share). Date is the completion date; the April 2024 offer announcement was not opened.acquisition · Thoma Bravo
Deal1 October 2024· Software and tools
Pydantic: funding round US$12.5m (≈ £9.4m) — Series A.funding round · Sequoia
Deal1 October 2024· Start-ups
Darktrace (recorded under risk): acquisition US$5.30bn (≈ £3.99bn) — Take-private at US$7.75 a share completedacquisition · Thoma Bravo
Deal1 October 2024· Start-ups
Dexory: funding round US$80m (≈ £60.2m) — Robotic warehouse-scanning firm raised $80m Series B in equity and debt.funding round · DTCP
Deal1 October 2024· Cloud and compute
iomart Group plc: acquisition £57m — iomart bought Atech for £57m, funded from its revolving credit facility. Buys or funds: Microsoft cloud MSP with 100+ staff in Marlow and about 50 in India; LTM revenue £34.4m.acquisition · Atech (Marlow; Azure Expert MSP)
Deal27 September 2024· Labs
Convergence: funding round US$12m (≈ £8.9m) — Pre-seedfunding round · Balderton Capital
Deal24 September 2024· Services and skills
VirtiHealth Limited: major contract £40,000 — Generative AI virtual human tool for civil service staff development, one year.major contract · Crown Commercial Service for the Cabinet Office
Deal18 September 2024· Start-ups
Charismatic.ai: funding round £1m — Innovate UK grant to a consortium led by Charismatic.ai with Channel 4 and Aardman (consortium total)funding round · Innovate UK (grant)
Deal18 September 2024· Start-ups
StreetDrone: acquisition — Oxa buys StreetDrone; fee not disclosedacquisition · Oxa (BIZ-SU-IND-001)
Deal16 September 2024· Investors
Atomico: investment pledge US$1.24bn (≈ £939.4m) — Fund close: Atomico Growth VI (US$754m) and Atomico Venture (US$485m); date from search listinginvestment pledge · British Patient Capital (BIZ-INV-003)
Deal16 September 2024· Software and tools
Netcall: acquisition €10m (≈ £8.4m) — Netcall bought generative AI document-processing start-up Parble for €10m (date is the UKTN report date in the linked URL). Buys or funds: Generative AI document processing for the Liberty platform.acquisition · Parble (target)
Deal16 September 2024· Software and tools
BIZ-SW-6006 Netcall (buyer): acquisition €8.7m (≈ £7.3m) — AIM-listed Netcall bought Belgian GenAI document firm Parble for up to €8.7m (about €9.8m including assumed net debt). Buys or funds: GenAI document processing; up to €4m earn-out tied to €3.3m revenue.acquisition · Parble (target, Brussels)
Deal16 September 2024· Labs
Mach42 (formerly Machine Discovery): rename — Machine Discovery becomes Mach42 For: Machine Discovery renamed Mach42; corporate structure unchanged.rename
Deal12 September 2024·
Purple Transform (new): funding round £4.5m — Oxfordshire AI rail-security analytics firm raises £4.5m.funding round · Mercia Ventures (BIZ-INV-205), Midlands Engine Investment Fund II (lead); Sure Valley Ventures
Deal10 September 2024· Big tech in the UK
Amazon Web Services (UK): investment pledge £8bn — UK data centres, 2024 to 2028investment pledge
Deal10 September 2024· Data centres
Amazon Web Services (UK data centres): investment pledge £8bn — AWS plans £8bn for UK data centres, 2024–2028.investment pledge · Amazon Web Services
Deal5 September 2024· Start-ups
Capsa AI: funding round £1.7m — Seed-stage roundfunding round · Outward VC
Deal5 September 2024· Labs
Stability AI: partnership — Lenovo put a Stability AI image model into its Creator Zone software. For: A Stability AI text-to-image model featured in Lenovo Creator Zone.partnership · Lenovo
Deal2 September 2024· Start-ups
Adludio: collapse — Administrator appointedcollapse · BDO (administrators)
DealSeptember 2024· Big tech in the UK
Amazon Web Services (UK): investment pledge £8bn — £8bn over five years to build, operate and maintain UK data centres.investment pledge
DealSeptember 2024· Big tech in the UK
Blackstone: investment pledge £10bn — £10bn AI data centre at Blyth, Northumberland, with 4,000 jobs including 1,200 in construction.investment pledge
Deal29 August 2024· Labs
Wayve: funding round — Uber invested an undisclosed sum in Wayve, extending its $1.05bn Series C.funding round · Uber
Deal23 August 2024· Software and tools
Gradient Labs: funding round £2.8m — £2.8m seed round; angels named include Monzo co-founders Tom Blomfield and Jonas Templestein.funding round · LocalGlobe (named backer; lead not stated)
Deal21 August 2024· Start-ups
Gradient Labs: funding round £2.8m — Seed with Puzzle Ventures and angelsfunding round · LocalGlobe
Deal21 August 2024· Start-ups
Safe Sign Technologies: acquisition — Thomson Reuters bought Cambridge legal-LLM start-up Safe Sign Technologies; cost undisclosed.acquisition · Thomson Reuters
Deal20 August 2024· Labs
BeyondMath: funding round US$8.5m (≈ £6.5m) — Cambridge AI physics-simulation company secured an $8.5m seed round.funding round · UP.Partners
Deal16 August 2024· Software and tools
Encord: funding round £23.4m — Encord raised a £23.4m Series B led by Next47 (week ending 16 August 2024). Other investors: Y Combinator; CRV; Crane Venture Partners.funding round · Next47
Deal14 August 2024· Labs
ElevenLabs: uk office opening — European HQ opened on Wardour Street, Soho.uk office opening
Deal12 August 2024· Investors
Balderton Capital: investment pledge US$1.30bn (≈ £1.02bn) — Fund close: Early Stage Fund IX (US$615m) and Growth Fund II (US$685m)investment pledge
Deal12 August 2024· Software and tools
Cosine: funding round US$2.5m (≈ £2m) — Round with Lakestar and Focal.funding round · SOMA; Uphonest
Deal7 August 2024· Established firms
ASOS: major contract — Three-year AI collaboration for operations.major contract · Microsoft
Deal7 August 2024· Labs
Monumo: grant £750,000 reported — Innovate UK granted Monumo £750k to develop 3D generative design for motors. For: 3D Generative-AI Technology (3D-GAIT) for electric-motor design. Other investors: project partners: University of Nottingham PEMC group; hofer powertrain UK.grant · Innovate UK (UKRI)
Deal5 August 2024· Cloud and compute
Edinburgh exascale supercomputer plan (cancelled 2024): wind down £1.30bn — The new government cut £1.3bn of planned compute spending, including the Edinburgh exascale computer. Buys or funds: Cancelled: about £800m for the Edinburgh exascale computer and £500m of extra AIRR money for 2024 and 2025; the £300m already committed to AIRR continued.wind down · DSIT
Deal2 August 2024· Start-ups
Healx: funding round US$47m (≈ £36.7m) — Series C to take HLX-1502 into phase 2.funding round · R42 Group and Atomico
Deal1 August 2024· Chips and hardware
Vaire Computing: funding round US$4.5m (≈ £3.5m) — Raise reported by DSIT during ChipStart cohort 1.funding round
Deal1 August 2024· Chips and hardware
Wave Photonics: funding round £4.5m — Early funding round reported by DSIT.funding round
Deal1 August 2024· Software and tools
Canonical (AI and MLOps products): partnership — Canonical's Charmed Kubeflow 1.9 added GenAI serving with NVIDIA tools. Buys or funds: Charmed Kubeflow 1.9 GA deploys GenAI apps with NVIDIA NIM and Triton via KServe.partnership · NVIDIA
DealAugust 2024· Software and tools
Attio: funding round US$33m (≈ £25.8m) — Attio raises $33m from existing backers and 01 Advisors. Buys or funds: CRM platform. Other investors: 01 Advisors (Dick Costolo).funding round · Redpoint Ventures; Balderton Capital; Point Nine (joint leads)
Deal31 July 2024· Established firms
Agent Suite and CapitaContact (Capita, with AWS): major contract — CapitaContact AI contact centre powered by AWS, launched with Agent Suitemajor contract · Amazon Web Services
Deal31 July 2024· Services and skills
IBM UK (AI consulting and AI skills): major contract 9,000,000 (maximum; initial up to 4,500,000) GBP — DWP G-Cloud 13 call-off for generative AI "lighthouse" projects, August 2024 to May 2025.major contract · Department for Work and Pensions
Deal30 July 2024· Start-ups
Karakuri: wind down — Creditors' voluntary liquidation; dissolved 3 September 2026wind down · RSM (liquidators)
Deal29 July 2024· Established firms
Capita and Microsoft generative AI collaboration: major contract — Copilot for Microsoft 365 trial and GitHub Copilot for 200 developersmajor contract · Microsoft
Deal29 July 2024· Start-ups
Aveni: funding round £11m — Series A with Lloyds Banking Group and Nationwidefunding round · Puma Private Equity
Deal26 July 2024· Chips and hardware
Fractile: funding round £12m — Seed round as the company left stealth.funding round · Kindred Capital, NATO Innovation Fund, Oxford Science Enterprises (co-leads)
Deal26 July 2024· Chips and hardware
Fractile: funding round £12m — Seed round as Fractile came out of stealth.funding round · Kindred Capital, NATO Innovation Fund, Oxford Science Enterprises (co-leads)
Deal24 July 2024· Start-ups
iTero Gaming: acquisition — Bought in a "seven-figure" dealacquisition · GIANTX
Deal24 July 2024· Start-ups
FinLegal: funding round £2m — First NPIF II deal in South Yorkshirefunding round · Northern Powerhouse Investment Fund II (Mercia)
Deal24 July 2024· Software and tools
Dtechtive: rename — Dtime Limited renamed Dtechtive Limited.rename
Deal23 July 2024· Start-ups
Ocula: funding round £3.2m — Series A with Castlenau Group and Lloyds Banking Groupfunding round · Praetura Ventures
Deal18 July 2024· Software and tools
Oxford Semantic Technologies: acquisition — Agreement to acquire; terms undisclosed; completion not confirmed.acquisition · Samsung Electronics
Deal18 July 2024· Start-ups
Spotlight Pathology: funding round £125,000 — Investment from LYVA Labs.funding round · LYVA Labs
Deal18 July 2024· Start-ups
Edit Cloud: funding round £2m — London post-production platform with "AI-fuelled" tools secured £2m.funding round · Edge
Deal17 July 2024· Start-ups
Xapien: funding round £8m — Series A; total £14mfunding round · YFM Equity Partners
Deal17 July 2024· Start-ups
Hey Savi: funding round £2.2m — UK AI fashion search and recommendation platform secured £2.2m pre-seed.funding round · angels from Boardwave, Founders Capital and WITSEND (no lead named)
Deal16 July 2024· Software and tools
Oxford Semantic Technologies: acquisition — OSE portfolio company agreed to be acquired by Samsung Electronicsacquisition · Samsung Electronics; sellers included OSE (BIZ-INV-007), Samsung Venture Investment, Oxford University Innovation
Deal12 July 2024· Start-ups
Iconic AI: funding round US$4m (≈ £3.1m) — Pre-seedfunding round · HodlCo
Deal11 July 2024· Chips and hardware
Graphcore: acquisition — SoftBank acquired Graphcore, which became a wholly owned subsidiary; terms not disclosed.acquisition · SoftBank Group Corp.
Deal11 July 2024· Chips and hardware
Graphcore: acquisition — 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.acquisition · SoftBank Group Corp.
Deal11 July 2024· Cloud and compute
Hartree Centre: partnership — Quantinuum hardware made available to UK businesses through Hartree. Buys or funds: H1-Series quantum hardware via cloud or on site (BIZ-CLD-6026).partnership · Quantinuum
Deal3 July 2024· Start-ups
IntelliAM AI: listing £5m — South Yorkshire maker of AI models for manufacturing listed on Aquis with a £15.4m market value.listing · Aquis Stock Exchange
Deal3 July 2024· Start-ups
Gendo: funding round £855,000 — London AI platform turning prompts and sketches into architectural visualisations raised £855,000 pre-seed.funding round · Concept Ventures
Deal2 July 2024· Software and tools
BIZ-SW-5039 OpenFi: funding round £500,000 — OpenFi raised a £500,000 pre-seed. Buys or funds: Pre-seed; SalesTalkAI. Other investors: Fortune Green Capital; Foundation Ventures.funding round · Bijan Morvaridi (lead)
Deal1 July 2024· Chips and hardware
Vaire Computing: funding round US$4m (≈ £3.2m) — Seed round; total raised US$4.5m.funding round · 7percent Ventures and Jude Gomila (leads)
Deal1 July 2024· Services and skills
Multimedia Ltd: major contract £59,500 — AI tool licence for the Business Growth West Midlands adviser team, July 2024 to March 2025.major contract · West Midlands Combined Authority
Deal25 June 2024· Labs
Stability AI: funding round — New investment; Prem Akkaraju became CEO and Sean Parker executive chairman; amount not statedfunding round · Greycroft, Coatue, Sound Ventures, Lightspeed and others
Deal18 June 2024· Labs
CuspAI: funding round US$30m (≈ £23.6m) — CuspAI raises $30m (£24m). For: Materials discovery platform; Geoffrey Hinton advises the board. Other investors: Basis Set Ventures; Lightspeed Venture Partners; LocalGlobe; Northzone; Touring Capital; Giant Ventures; FJ Labs; Tiferes Ventures; Zero Prime Ventures.funding round · Hoxton Ventures
Deal17 June 2024· Start-ups
Eigen Technologies: rename — UK company renamed ETL Realisations 2024 Limited; now in insolvency proceedingsrename
Deal17 June 2024· Software and tools
SurrealDB: funding round US$20m (≈ £15.8m) — SurrealDB raised $20m (its Series A) led by FirstMark and Georgian; total funding $26m. Buys or funds: Surreal Cloud beta; database engineering. Other investors: Crew Capital; Alumni Ventures.funding round · FirstMark; Georgian (leads)
Deal12 June 2024· Labs
Ochre Bio: partnership — GSK signs an AI pact with Ochre Bio on liver disease For: Human liver functional-genomics and single-cell datasets for both firms' AI models; research phase completed 2025-11-18.partnership · GSK
Deal11 June 2024· Start-ups
Jacquard (formerly Phrasee): rename — Phrasee Ltd renamed Jacquard Group Limitedrename
Deal6 June 2024· Big tech in the UK
Salesforce (UK): uk office opening — First Salesforce AI Centre opens in London's Blue Fin buildinguk office opening
Deal6 June 2024· Start-ups
Eigen Technologies: acquisition — Sirion bought Eigen's business; terms not disclosedacquisition · Sirion
Deal6 June 2024· Labs
Alchemab Therapeutics: grant US$595,000 reported (≈ £465,826) — The Michael J. Fox Foundation granted Alchemab $595k for a Parkinson's antibody. For: antibody with potential in Parkinson's disease.grant · The Michael J. Fox Foundation
Deal4 June 2024· Software and tools
Human Native: funding round £2.8m — London marketplace of licensed data for training LLMs raised £2.8m seed.funding round · LocalGlobe; Mercuri
Deal31 May 2024· Start-ups
Exactly.ai: funding round £3.4m — London platform for artists to build generative AI models of their own work raised £3.4m seed.funding round · Speedinvest
Deal30 May 2024· Start-ups
Level E Research: grant up to 50,000 GBP — Grant winner, FRIL first innovation call (AI compliance).grant · Financial Regulation Innovation Lab (FinTech Scotland)
Deal30 May 2024· Start-ups
DX Compliance: grant up to 50,000 GBP — Grant winner, FRIL first innovation call (AI compliance).grant · Financial Regulation Innovation Lab (FinTech Scotland)
Deal30 May 2024· Start-ups
Pytilia: grant up to 50,000 GBP — Grant winner, FRIL first innovation call (AI compliance).grant · Financial Regulation Innovation Lab (FinTech Scotland)
Deal22 May 2024·
Nory (new): funding round US$16m (≈ £12.6m) — Dublin and London AI operating system for hospitality raised a $16m Series A.funding round · Accel
Deal21 May 2024· Start-ups
LabGenius: funding round £35m — Series B; total funding £58m.funding round · M Ventures
Deal17 May 2024· Established firms
Sainsbury's and Microsoft five-year AI partnership: major contract — Five-year AI partnershipmajor contract · Microsoft
Deal17 May 2024· Established firms
J Sainsbury plc: major contract — Five-year strategic partnership using Microsoft AI (record already on page as "Sainsbury's and Microsoft").major contract · Microsoft
Deal16 May 2024· Labs
PolyAI: funding round US$50m (≈ £39.5m) — Series Cfunding round · Hedosophia, NVentures, Zendesk (new investors)
Deal15 May 2024· Software and tools
Wluper: wind down — Creditors' voluntary winding up; dissolved 20 June 2025.wind down
Deal15 May 2024· Software and tools
Malted AI: funding round £6m — Edinburgh start-up distilling LLMs into smaller bespoke models raised £6m seed.funding round · Hoxton Ventures
Deal15 May 2024· Software and tools
Malted AI: funding round £6m — Seed round with Creator Fund and angelsfunding round · Hoxton Ventures
Deal10 May 2024· Big tech in the UK
CoreWeave (UK): uk office opening £1bn — London European headquarters and £1bn UK investmentuk office opening
Deal10 May 2024· Data centres
CoreWeave (UK): investment pledge £1bn — CoreWeave pledges £1bn for the UK, a London European HQ and two UK data centres in 2024.investment pledge · CoreWeave
Deal10 May 2024· Big tech in the UK
CoreWeave (UK): investment pledge £1bn — £1bn UK investment with two UK data centres in 2024 and a London European HQ.investment pledge
Deal10 May 2024· Big tech in the UK
Scale AI (UK): uk office opening — London chosen for Scale AI's first European headquarters.uk office opening
Deal10 May 2024· Cloud and compute
CoreWeave (UK): investment pledge £1bn — Two UK data centres for AI compute opening in 2024 and a European headquarters in London.investment pledge
Deal9 May 2024· Start-ups
Stratiphy: funding round £1m — Grant to a Stratiphy-led consortium for safe AI in investment managementfunding round · Innovate UK (grant)
Deal8 May 2024· Established firms
Informa (Taylor & Francis) and Microsoft AI data access agreement: major contract US$10m (≈ £8m) — Data access agreement 2024–2027; initial fee "$10m+"major contract · Microsoft
Deal8 May 2024· Start-ups
Definely: funding round US$7m (≈ £5.6m) — Series Afunding round · Octopus Ventures
Deal7 May 2024· Big tech in the UK
Scale AI (UK): uk office opening — London chosen as first European headquartersuk office opening
Deal7 May 2024· Labs
Wayve: funding round US$1.05bn (≈ £836.4m) — Series C with NVIDIA and Microsoftfunding round · SoftBank Group
Deal1 May 2024· Cloud and compute
Crown Hosting Data Centres: government contract £22m — Crown Hosting won a Bank of England hosting contract of about £22m. Buys or funds: Data centre hosting, seven years.government contract · Bank of England
DealMay 2024· Start-ups
SymphoMe: grant not stated GBP — Eight-month project, June 2024 to January 2025.grant · Scottish Enterprise (SMART grant)
Deal30 April 2024· Start-ups
Jigsaw: funding round US$15m (≈ £12m) — London AI business-diagram builder raised $15m.funding round · Exor Ventures
Deal30 April 2024· Start-ups
Thermly Limited: grant £518,363 — Thermly Distress Diagnostics using machine learning.grant · DESNZ Heat Pump Ready Programme Stream 2 Wave 2
Deal29 April 2024· Established firms
Financial Times: major contract — Content licensing deal; first UK newsbrand to announce one with OpenAI.major contract · OpenAI
Deal24 April 2024· Start-ups
Sorted: funding round £1.6m — London start-up using lasers and AI to sort recyclables raised £1.65m seed.funding round · Pi Labs
Deal16 April 2024· Start-ups
Qureight: funding round US$8.5m (≈ £6.8m) — Round for its medical data platform.funding round · Hargreave Hale AIM VCT
Deal9 April 2024· Start-ups
Onfido: acquisition — Entrust completed its purchase of Onfido, which verifies identity documents and faces; terms not disclosed. Date is the completion date; the announcement date was not sourced.acquisition · Entrust
Deal9 April 2024· Established firms
WPP and Google Cloud Gemini collaboration: major contract — Gemini integrated into WPP Openmajor contract · Google Cloud
Deal9 April 2024· Start-ups
Onfido: acquisition — Acquisition completed; terms not disclosedacquisition · Entrust
Deal9 April 2024· Start-ups
Multiverse: acquisition — Multiverse bought Californian AI hiring-screening platform Searchlight; terms undisclosed.acquisition · Searchlight (target, US)
Deal7 April 2024· Big tech in the UK
Microsoft AI London hub: uk office opening — Microsoft AI opens a London hub led by Jordan Hoffmannuk office opening
Deal7 April 2024· Big tech in the UK
Microsoft (UK): uk office opening — Microsoft AI hub in London announced, led by Jordan Hoffmann, working on language models.uk office opening
Deal3 April 2024· Start-ups
Luminance: funding round US$40m (≈ £31.7m) — Series Bfunding round · March Capital
DealApril 2024· Cloud and compute
Hartree Centre: partnership — Decade-long Unilever R&D computing partnership restated in Hartree strategy. Buys or funds: Materials chemistry computing, AI and quantum (BIZ-CLD-6025).partnership · Unilever (BIZ-EST-052)
DealApril 2024· Cloud and compute
Hartree Centre: partnership — Hartree cleaned and standardised safesteps data; follow-on project planned. Buys or funds: Fall-prevention data dashboard; NHS Spine connection.partnership · safesteps (digital healthcare)
Deal29 March 2024· Software and tools
Metaview: funding round £6.3m — Metaview round of £6.3m recorded in UKTN's weekly round-up (labelled seed). Buys or funds: AI interview notes for recruiters. Other investors: Plural; Coelius Capital; Vertex Ventures US; Seedcamp; Village Global.funding round · — (lead not stated)
Deal28 March 2024· Chips and hardware
Oriole Networks: funding round £10m — Seed round.funding round · UCL Technology Fund, Clean Growth Fund, XTX Ventures, Dorilton Ventures (co-leads)
Deal28 March 2024· Networks and media
Artificial Intelligence Collaboration Centre (AICC): investment pledge £16.3m — £16.3m package for the AICC at Ulster University with Queen's.investment pledge · Invest Northern Ireland; Department for the Economy
Deal26 March 2024· Cloud and compute
Hartree Centre: major contract — Lenovo ThinkSystem Neptune system rated 44.7 petaflops for STFC's Hartree Centre; £30m building under construction.major contract · Lenovo
Deal22 March 2024· Cloud and compute
AtlasEdge (UK): site opening £13m — AtlasEdge relaunched its Leeds data centre after more than £13m of upgrades. Buys or funds: More than £13m upgrade of Leeds LBA001.site opening · Hardy Fisher Services (anchor customer)
Deal21 March 2024· Start-ups
Presymptom Health: funding round £1.5m — Equity and grant funding.funding round · UKI2S; Ploughshare; MedTechToMarket
Deal20 March 2024· Software and tools
Stanhope AI: funding round £2.3m — London start-up applying neuroscience to build AI raised £2.3m seed.funding round · UCL Technology Fund
Deal19 March 2024· Start-ups
Open Power: grant £313,700 — Microgeneration energy export optimiser.grant · DESNZ AI for Decarbonisation Stream 3
Deal19 March 2024· Start-ups
OnGen Ltd: grant £326,371 — OnGen expert AI pro.grant · DESNZ AI for Decarbonisation Stream 3
Deal19 March 2024· Start-ups
Flexible Power Systems Ltd: grant £209,360 — AI to remove barriers to commercial fleet electrification.grant · DESNZ AI for Decarbonisation Stream 3
Deal19 March 2024· Start-ups
Clio Ventures: grant £133,368 — Clio finance: climate-finance backbone for retail loans.grant · DESNZ AI for Decarbonisation Stream 3
Deal19 March 2024· Start-ups
Carbon Laces Solutions Ltd: grant £342,999 — Place-based AI clustering and demand-flexibility assessment.grant · DESNZ AI for Decarbonisation Stream 3; Cranfield University
Deal19 March 2024· Start-ups
Optimise-AI: grant £125,100 — Generative AI to optimise energy in buildings without a building management system.grant · DESNZ AI for Decarbonisation Stream 3; Blaenau Gwent Council
Deal19 March 2024· Labs
Google DeepMind: partnership — Google DeepMind and Liverpool FC built TacticAI together. For: Multi-year research collaboration behind TacticAI (football corner-kick assistant).partnership · Liverpool FC
Deal18 March 2024· Safety
Holistic AI: funding round — Mozilla Ventures investment, amount undisclosedfunding round · Mozilla Ventures
Deal15 March 2024· Start-ups
ThinkSono: funding round £2.1m — Round; total raised £5m.funding round · Id4 Ventures
Deal7 March 2024· Software and tools
Cogna: funding round £3.8m — London SaaS firm using AI to build custom software applications raised £3.76m.funding round · Hoxton Ventures
Deal6 March 2024· Labs
Haiper: funding round US$13.8m (≈ £10.8m) — Funding of £10.9mfunding round · not named
Deal6 March 2024· Start-ups
Theia Insights: funding round US$6.5m (≈ £5.1m) — Cambridge AI fintech for financial professionals raised $6.5m.funding round · Unusual Ventures
Deal1 March 2024· Start-ups
Vitrue Health: funding round £3.2m — Round.funding round · MMC Ventures and Hambro Perks
DealMarch 2024· Cloud and compute
Isambard-AI, Bristol and Bath Science Park: site opening — Isambard-AI phase 1 arrived and accepted. Buys or funds: 168 GH200 on 42 nodes.site opening · HPE (BIZ-BIG-2030); NVIDIA (BIZ-BIG-014)
Deal28 February 2024· Start-ups
HACE: funding round £450,000 — Manchester start-up with an AI index of child-labour exposure raised £450,000 pre-seed.funding round · Manchester Angels
Deal28 February 2024· Start-ups
Mondra: funding round £3.6m — London food supply-chain decarbonisation platform using AI digital twins raised £3.6m pre-Series A.funding round · 7 Generation Ventures; AlbionVC and others (no lead named)
Deal27 February 2024· Start-ups
Graide: funding round £1.6m — Round to expand in the UK and North Americafunding round · XTX Ventures
Deal26 February 2024· Start-ups
Adsilico: funding round £3.5m — Round.funding round · Northern Gritstone; Parkwalk Advisors
Deal26 February 2024· Cloud and compute
NexGen Cloud: partnership — NexGen Cloud signed AQ Compute to host its European GPU cloud on net-zero infrastructure. Buys or funds: Net-zero European data-centre capacity for NexGen's $1bn AI Supercloud, planned at more than 20,000 NVIDIA H100 by June 2024; country not named.partnership · AQ Compute
Deal23 February 2024· Labs
Monumo: funding round £10.5m — Monumo leaves stealth with £10.5m seed funding (investors behind paywall). For: AI electric-motor design.funding round · not named
Deal22 February 2024· Software and tools
Lifebit: site opening — Lifebit opened an R&D centre in Singapore with Synapxe.site opening · Synapxe
Deal21 February 2024· Start-ups
Napier AI: funding round £45m — Debt financingfunding round · Crestline
Deal20 February 2024· Software and tools
Synthesized: funding round — UBS's venture arm, UBS Next, invested an undisclosed sum in Synthesized. Buys or funds: production-like test data platform.funding round · UBS Next
Deal16 February 2024· Start-ups
Signal AI: acquisition — Signal AI bought reputation-monitoring firm Social 360; price not disclosedacquisition · Social 360 (target)
Deal13 February 2024· Start-ups
TORTUS: funding round US$4.2m (≈ £3.3m) — Round for its OSLER clinical AI assistant.funding round · Khosla Ventures
Deal12 February 2024· Start-ups
AMPLY Discovery: funding round £1.4m — Grant funding for two projects.funding round · Innovate UK (grant)
Deal7 February 2024· Software and tools
Fetch.ai: rename — Fetch.ai Limited (11203766) renamed FAI Realisations 2024 Limited.rename
Deal7 February 2024· Start-ups
AudioStack: funding round £2.5m — Round with existing investorsfunding round · Quadri Ventures
Deal6 February 2024· Investors
Episode 1 Ventures: investment pledge £76m — Fund close: Fund III at £76m with £20m from BPCinvestment pledge · British Patient Capital (BIZ-INV-003)
Deal6 February 2024· Start-ups
Colossyan: funding round US$22m (≈ £17.5m) — Round with Launchub, Day One Capital and Emerge Educationfunding round · Lakestar
Deal6 February 2024· Start-ups
Sable Bio: funding round £1.5m — Pre-seed with Seedcamp.funding round · Episode 1 Ventures
Deal6 February 2024· Start-ups
RAIQC: grant — One of 21 projects sharing £19 million; individual amount not stated.grant · UKRI Technology Missions Fund (Accelerating trustworthy AI, phase 2)
Deal6 February 2024· Start-ups
Aival: grant — One of 21 projects sharing £19 million; individual amount not stated.grant · UKRI Technology Missions Fund (Accelerating trustworthy AI, phase 2)
Deal6 February 2024· Start-ups
Newton's Tree: grant — Federated AI monitoring service project; one of 21 sharing £19 million.grant · UKRI Technology Missions Fund (Accelerating trustworthy AI, phase 2)
Deal6 February 2024· Start-ups
AI for Global Goals (Elandi): grant — One of 21 projects sharing £19 million; individual amount not stated.grant · UKRI Technology Missions Fund (Accelerating trustworthy AI, phase 2)
Deal6 February 2024· Start-ups
Habitat Learn: grant — DeepMyna phase two; one of 21 projects sharing £19 million.grant · UKRI Technology Missions Fund (Accelerating trustworthy AI, phase 2)
Deal6 February 2024· Assurance
Coefficient Systems Ltd: grant £100,000 — Grant to cut unfair bias in CV screening algorithms and applicant tracking systems.grant · DSIT Fairness Innovation Challenge
Deal6 February 2024· Safety
The Alan Turing Institute (AI assurance and security work): grant up to 130,000 GBP — Finance-sector award to build a fairness self-assessment toolkit for small firms and developers (the FAID tool).grant · DSIT Fairness Innovation Challenge
Deal1 February 2024· Start-ups
Small Robot Company: collapse — Creditors' voluntary liquidationcollapse · Kroll Advisory (liquidators)
Deal30 January 2024· Established firms
WPP AI and data strategy (WPP Open): investment pledge £250m — About £250m a year on proprietary technology for AI and datainvestment pledge
Deal29 January 2024· Start-ups
Wondercraft: funding round US$3m (≈ £2.4m) — Round with Y Combinator, ElevenLabs and Steven Bartlettfunding round · Will Ventures
Deal25 January 2024· Start-ups
Setmixer: funding round US$760,000 (≈ £598,425) — Round with VGC Partners and angelsfunding round · Raw Ventures
Deal25 January 2024· Data centres
Kao Data: funding round £206m — Essex AI data-centre builder completed a £206m debt raise.funding round · Deutsche Bank (debt)
Deal23 January 2024· Software and tools
Fetch.ai: collapse — Original Fetch.ai Limited (2018) entered administration; renamed FAI Realisations 2024 Limited on 7 February 2024; new Fetch.ai Limited incorporated 27 January 2024.collapse
Deal22 January 2024· Labs
ElevenLabs: funding round US$80m (≈ £62.9m) — Series B; valuation not stated (company says "unicorn status")funding round · Andreessen Horowitz, Nat Friedman and Daniel Gross
Deal22 January 2024· Big tech in the UK
Google (UK): investment pledge US$1bn (≈ £786.1m) — Building began on a $1bn data centre at Theobalds Business Park, Cheshunt (Waltham Cross).investment pledge
Deal19 January 2024· Start-ups
Recraft: funding round US$12m (≈ £9.5m) — London AI graphic-design generator raised a $12m Series A.funding round · Khosla Ventures; Nat Friedman
Deal18 January 2024· Data centres
Google Waltham Cross data centre: investment pledge US$1bn (≈ £789.1m) — Google announces a $1bn data centre at Waltham Cross.investment pledge · Google
Deal16 January 2024· Established firms
Vodafone and Microsoft ten-year generative AI partnership: investment pledge US$1.50bn (≈ £1.18bn) — Ten-year partnership; Vodafone to spend US$1.5bn on cloud and AI services with Microsoftinvestment pledge · Microsoft
Deal16 January 2024· Start-ups
CellVoyant: funding round £7.6m — Bristol biotech using AI to predict stem-cell behaviour raised £7.6m seed.funding round · Octopus Ventures
Deal15 January 2024· Start-ups
Bronze: funding round US$1.3m (≈ £1m) — Pre-seed roundfunding round · Disclosure, Arca, Jimmy Napes, DAO Jones, Method Music, September Management
Deal11 January 2024· Start-ups
NumberEight: funding round US$2.7m (≈ £2.1m) — London AI tool for advertisers detecting device-user behaviour raised $2.7m pre-Series A.funding round · ACF Investors
Deal10 January 2024· Start-ups
Yoti: funding round £20m — Debt funding (headline in Yoti's press archive)funding round · HSBC
Deal7 January 2024· Labs
Isomorphic Labs: partnership 45,000,000 (upfront) USD — Lilly pays $45m upfront; Lilly and Novartis deals together potentially worth nearly $3bn For: Multi-target small-molecule research collaboration.partnership · Eli Lilly
Deal7 January 2024· Labs
Isomorphic Labs: partnership 37,500,000 (upfront) USD — Novartis pays $37.5m upfront For: Research collaboration.partnership · Novartis
Deal2 January 2024· Start-ups
Robin AI: funding round £20.6m — London legal-AI firm raised £20.6m led by Temasek.funding round · Temasek
DealJanuary 2024· Labs
Isomorphic Labs: partnership — Isomorphic's first Novartis collaboration (month only on company page). For: Small-molecule discovery against three targets.partnership · Novartis
Deal2024· Cloud and compute
AWS Europe (London) Region: investment pledge £8bn — £8bn over five years for UK data centres (as cited by DSIT on 14 October 2024).investment pledge
Deal2024· Software and tools
SurrealDB: funding round £14.8m — SurrealDB's first Series A tranche in 2024 raised £14.8m; month not given. Buys or funds: Initial Series A. Other investors: FirstMark; Georgian (existing by 2026).funding round
Deal2024· Software and tools
Conveo: funding round — Conveo joined Y Combinator. Buys or funds: YC Summer 2024 batch.funding round · Y Combinator
Deal2024· Software and tools
Smooth: funding round — Smooth is listed in YC's London companies as F2024. Buys or funds: YC Fall 2024 batch.funding round · Y Combinator
Deal2024· Software and tools
Encord: funding round US$32m (≈ £25.1m) — Encord closed a $32m Series B in 2024. Buys or funds: R&D and go-to-market.funding round · — (not named)
Deal2024· Software and tools
inforcer: funding round US$19m (≈ £14.9m) — inforcer's $19m (£14m) Series A in autumn 2024. Buys or funds: MSP platform.funding round · — (not named)
Deal19 December 2023· Start-ups
Tessian: acquisition — US email-security company completed purchase of London AI email-security firm; terms undisclosed.acquisition · Proofpoint
Deal15 December 2023· Services and skills
Redkite (acquired by Accenture): acquisition — Accenture bought the London data consultancy; 230+ staff joined its UK Data and AI practiceacquisition · Accenture
Deal15 December 2023· Start-ups
Arcane: funding round US$5m (≈ £3.9m) — London AI marketing co-pilot start-up raised $5m.funding round · Accel
Deal15 December 2023· Start-ups
Spotta: funding round £3m — Cambridge maker of AI insect-detection sensors raised £3m.funding round · The Yield Lab; STIHL Ventures; ACF Investors (no lead named)
Deal13 December 2023· Start-ups
Ayora: major contract — Mishcon de Reya agrees a commercial relationship with MDR LAB alumnus Ayora.major contract · Mishcon de Reya
Deal8 December 2023· Start-ups
Holly Health: funding round £650,000 — Equity and grant round.funding round · Innovate UK; Plug and Play Ventures; Modality Partnership
Deal7 December 2023· Start-ups
Harriet: funding round £1.2m — London Slack-based AI HR assistant launched with £1.2m.funding round · Concept Ventures
Deal7 December 2023· Cloud and compute
iomart Group plc: acquisition £4.5m — iomart bought legal-sector hosting firm Accesspoint for £4.5m upfront. Buys or funds: Hosting partner to UK legal firms; plus £0.5m milestone and up to £1.4m earn-out.acquisition · Accesspoint Technologies (North East London)
Deal6 December 2023· Chips and hardware
Pragmatic Semiconductor: funding round £182m — Series D to build two more production lines in Durham.funding round · M&G Catalyst and UK Infrastructure Bank (co-leads)
Deal1 December 2023· Cloud and compute
AWS public cloud hosting contracts with HMRC, DWP and Home Office (2023): government contract £450m — AWS won a £450m, three-year cloud hosting contract with the Home Office. Buys or funds: AWS public cloud hosting for 36 months under the second OGVA, via G-Cloud. (General cloud hosting, not AI compute.)government contract · Home Office
Deal1 December 2023· Cloud and compute
AWS public cloud hosting contracts with HMRC, DWP and Home Office (2023): government contract £350m — AWS won a £350m, three-year cloud contract with HMRC. Buys or funds: AWS cloud services for 36 months under the second OGVA, via G-Cloud. (General cloud hosting, not AI compute.)government contract · HM Revenue and Customs
Deal1 December 2023· Cloud and compute
AWS public cloud hosting contracts with HMRC, DWP and Home Office (2023): government contract £94m — AWS won a £94m, three-year cloud contract with DWP. Buys or funds: AWS cloud services for 36 months under the second OGVA, via G-Cloud. (General cloud hosting, not AI compute.)government contract · Department for Work and Pensions
Deal30 November 2023· Big tech in the UK
Microsoft (UK): investment pledge £2.50bn — Three-year expansion of UK AI data-centre infrastructure, 20,000+ GPUs by 2026investment pledge
Deal30 November 2023· Big tech in the UK
Microsoft (UK): investment pledge £2.50bn — £2.5bn over three years for AI datacentres, 20,000+ GPUs by 2026, and AI skills for one million people.investment pledge
Deal28 November 2023· Cloud and compute
NHS Federated Data Platform contract (Palantir-led): government contract — NHS England contracted IQVIA for the privacy layer of the Federated Data Platform. Buys or funds: NHS privacy-enhancing technology (NHS-PET) that de-identifies data flowing into FDP.government contract · IQVIA Ltd
Deal28 November 2023· Software and tools
Cloudsmith: funding round US$11m (≈ £8.7m) — Belfast's Cloudsmith raised an $11m (£8.8m) Series A2 led by MMC. Buys or funds: scaling software supply-chain (artifact) platform.funding round · MMC Ventures (lead)
Deal27 November 2023· Labs
PhysicsX: funding round US$32m (≈ £25.4m) — Series Afunding round · General Catalyst
Deal27 November 2023· Big tech in the UK
MediaTek: investment pledge £10m — MediaTek Research and MediaTek Capital to invest £10m in UK tech companies over five years (Global Investment Summit).investment pledge
Deal22 November 2023· Start-ups
Phare Health: funding round £2.5m — Round with KHP Ventures and Bertelsmann Investments.funding round · General Catalyst
Deal15 November 2023· Start-ups
Bloom: funding round US$10m (≈ £8m) — London AI coaching app raised a $10m seed round.funding round · MMC Ventures; Octopus Ventures (no lead named)
Deal10 November 2023· Start-ups
Fyma: funding round US$2.1m (≈ £1.7m) — London start-up using AI and computer vision on property video feeds raised $2.1m.funding round · Quadri Ventures
Deal9 November 2023· Start-ups
Eilla AI: funding round US$1.5m (≈ £1.2m) — London generative-AI tool for finance raised $1.5m seed.funding round · Eleven Ventures
Deal2 November 2023· Start-ups
iSIZE: acquisition — SIE agreed to acquire iSIZE; terms not disclosedacquisition · Sony Interactive Entertainment
Deal1 November 2023· Big tech in the UK
NHS Federated Data Platform contract (Palantir-led): major contract £330m — Federated Data Platform contract, up to £330m over seven years (day not stated)major contract · NHS England
Deal1 November 2023· Data centres
Isambard-AI, Bristol and Bath Science Park: investment pledge £225m — Government funds Isambard-AI in Bristol.investment pledge · UK Government
Deal1 November 2023· Start-ups
Spotted Zebra: funding round £7.7m — London HR platform using AI to find skills gaps raised £7.7m Series A.funding round · Nauta Capital
Deal1 November 2023· Cloud and compute
Isambard-AI (Data centres page): grant £225m — Government funding for Isambard-AI at Bristol, part of a £300m AI Research Resource.grant · DSIT; HPE (builder); Nvidia (chips)
Deal1 November 2023· Cloud and compute
AI Research Resource (AIRR): investment pledge £300m — At the AI Safety Summit the AIRR budget was tripled to £300m to build Isambard-AI and Dawn. Buys or funds: Isambard-AI (Bristol, over 5,000 GPUs) and Dawn (Cambridge, over 1,000 Intel GPUs, Dell and StackHPC), linked by a Scientific OpenStack layer.investment pledge · HM Government (DSIT) / UKRI
Deal1 November 2023· Cloud and compute
AI Research Resource (AIRR): compute grant £300m — £300m to launch the first AIRR phase, tripling a £100m Spring Budget 2023 allocation; per-system split not published. Buys or funds: First phase: Isambard-AI (over 5,000 GPUs) and Dawn (over 1,000 Intel GPUs).compute grant · UKRI / UK Government
Deal31 October 2023· Start-ups
Sprout.ai: funding round £5.4m — AI insurance-claims start-up raised £5.4m.funding round · Amadeus Capital Partners; Praetura Ventures
Deal30 October 2023· Investors
Northern Gritstone: investment pledge £312m — Fund close: final close of £312minvestment pledge
Deal29 October 2023· Big tech in the UK
Anduril UK: major contract £17m — Force protection and counter-drone technology contract (date is publication date)major contract · Ministry of Defence
Deal18 October 2023· Start-ups
Netacea: funding round £4.5m — Round alongside new chief executivefunding round · Mercia Asset Management
Deal18 October 2023· Software and tools
Captur: funding round £2.2m — London image-recognition platform raised £2.2m seed.funding round · Sure Valley Ventures
Deal16 October 2023· Cloud and compute
DiRAC COSMA (COSMA 8): grant £10m — £10m COSMA 8 cosmology supercomputer launched at Durham University.grant · STFC / UKRI
Deal16 October 2023· Labs
Antiverse: partnership — Antiverse and GlobalBio extended their antibody cancer collaboration. For: antibody cancer therapeutics (extension).partnership · GlobalBio, Inc.
Deal12 October 2023· Chips and hardware
ChipStart UK: grant £1.3m — Government funding to launch the ChipStart incubator, run by SiliconCatalyst.UK.grant · Department for Science, Innovation and Technology
Deal12 October 2023· Cloud and compute
EPCC, University of Edinburgh: grant £31m — New £31m wing of EPCC's Advanced Computing Facility to house the national exascale system.grant
Deal12 October 2023· Investors
TitanML: funding round 2.8m USD — TitanML (LLM deployment tools) raised $2.8m (Pre-seed), reported by tech.eu.funding round · Octopus Ventures
Deal12 October 2023· Software and tools
TurinTech: partnership — TurinTech news index lists a partnership with UbiOps on inference and serving. Buys or funds: Optimising ML code for inference and serving.partnership · UbiOps
Deal6 October 2023· Data centres
Kao Data: acquisition — Infratil raised its holding to a 53% majority; L&G Capital 32%, Goldacre 15%.acquisition · Infratil (BIZ-INV-309); Legal & General Capital
Deal5 October 2023· Cloud and compute
NexGen Cloud: investment pledge US$1bn (≈ £822.4m) — Plan for a European AI Supercloud of 20,000+ Nvidia H100 GPUs, with $576m of hardware already ordered.investment pledge · Moore and Moore Investments Group (co-funder)
Deal5 October 2023· Labs
Wellcome Sanger Institute AI genomics (Generative and Synthetic Genomics programme): grant — Wellcome gives supplemental funding for Sanger's sixth research programme. For: Launch of the Generative and Synthetic Genomics programme (machine learning plus large-scale genomic data).grant · Wellcome
Deal3 October 2023· Software and tools
Unitary: funding round US$15m (≈ £12.4m) — Series A with Paladin Capital Group and Plural.funding round · Creandum
Deal3 October 2023· Start-ups
Move AI: funding round US$10m (≈ £8.3m) — Round for AI motion capturefunding round · Play Ventures, Warner Music Group, RKKVC, Level2 Ventures, Animoca Brands (no lead named)
Deal27 September 2023· Networks and media
BridgeAI: AI Solutions to improve productivity in key sectors: grant £32m — Innovate UK opened a grant competition of up to £32m for AI projects in priority sectors, closing 8 Nov 2023.grant · Innovate UK
Deal26 September 2023· Software and tools
Mach42 (formerly Machine Discovery): funding round £4.5m — Oxfordshire firm using machine learning to simulate designs raised £4.5m.funding round · BGF; East Innovate
Deal25 September 2023· Start-ups
Continuum Industries: funding round US$10m (≈ £8.2m) — Edinburgh start-up using AI for green-energy infrastructure planning raised a $10m Series A.funding round · Singular
Deal21 September 2023· Start-ups
Decently: funding round £500,000 — Round with SFC Capital.funding round · Praetura Ventures (GMC Life Sciences Fund)
Deal20 September 2023· Start-ups
Navenio: funding round £5m — Round to expand into the US.funding round · Oxford Science Enterprises
Deal18 September 2023· Established firms
NatWest Group: major contract — Generative AI collaboration on Amazon Bedrock.major contract · Amazon Web Services
Deal15 September 2023· Software and tools
Ometria: funding round £8m — Funding for US expansion and AI co-marketerfunding round · CIBC Innovation Banking
Deal13 September 2023· Start-ups
Kuano: funding round £1.8m — Seed round.funding round · Mercia Ventures
Deal13 September 2023· Start-ups
Myma Medical: funding round £145,000 — Investment.funding round · LYVA Labs
Deal13 September 2023· Start-ups
Treefera: funding round £1.8m — London AI forest-mapping platform raised £1.8m.funding round · Concept Ventures
Deal11 September 2023· Start-ups
Twig: funding round £3m — London bioengineering start-up using AI and robotics to replace harmful ingredients left stealth with £3m.funding round · Project A; Seedcamp; Zero Carbon Capital; UKI2S; Gaingels; HackCapital angels (no lead named)
Deal8 September 2023· Start-ups
Shop Circle: funding round US$120m (≈ £96.1m) — London AI e-commerce software firm raised $120m Series A in debt and equity.funding round · 645 Ventures; 3VC
Deal8 September 2023· Start-ups
AMPLYFI: funding round — First investment by the IIC fund; amount undisclosedfunding round · Innovation Investment Capital (Cardiff Capital Region)
Deal6 September 2023· Safety
Mindgard: funding round £3m — Lancaster spinout building AI security tools raised £3m seed.funding round · IQ Capital; Lakestar
Deal6 September 2023· Safety
Mindgard: funding round £3m — Seed funding for AI security tools.funding round
Deal5 September 2023· Safety
Enzai: funding round US$4m (≈ £3.2m) — Seed round (£3.2m) with Seedcamp and Techstart Venturesfunding round · Cavalry Ventures
Deal5 September 2023· Start-ups
Wayve: grant £1.9m — DriveSafeAI: safety-assurance framework for AI in self-driving, with the University of Warwick.grant · Centre for Connected and Autonomous Vehicles (CAM supply chain)
Deal5 September 2023· Start-ups
dRisk.ai: grant £2m — DeepSafe: verification and validation of automated driving systems, with Imperial College London and others.grant · Centre for Connected and Autonomous Vehicles (CAM supply chain)
Deal5 September 2023· Start-ups
StreetDrone: grant £1.2m — Project SAFE: fail-operational drive-by-wire platform.grant · Centre for Connected and Autonomous Vehicles (CAM supply chain)
Deal5 September 2023· Start-ups
Aurrigo: grant £480,000 — Autonomous Cargo: autonomous dolly for airside cargo.grant · Centre for Connected and Autonomous Vehicles (CAM supply chain); partner UPS
Deal1 September 2023· Chips and hardware
Arm: listing — Arm Holdings re-registered as a plc on 1 September 2023 and listed on Nasdaq in 2023 (IPO release could not be opened).listing · Nasdaq
Deal1 September 2023· Software and tools
Cirata (formerly WANdisco): rename — Just under 61% of shareholders approved renaming WANdisco as Cirata. Buys or funds: New name Cirata, effective Q4 2023.rename
DealSeptember 2023· Software and tools
WANdisco (renamed Cirata): rename — WANdisco rebranded as Cirata in September 2023 after the fraud investigation; it stayed on AIM.rename
Deal31 August 2023· Start-ups
Babylon Health: acquisition — Administrators sold certain UK businesses and assets to eMed; sources disagree on whether GP at Hand was included.acquisition · eMed Healthcare UK Limited
Deal31 August 2023· Software and tools
Context.ai: funding round US$3.5m (≈ £2.8m) — London LLM-analytics start-up raised $3.5m.funding round · Google Ventures; Theory Ventures (co-leads)
Deal30 August 2023· Start-ups
Babylon Health: collapse — Babylon Group Holdings Limited and Babylon Partners Limited placed in administration.collapse · Alvarez & Marsal (administrators)
Deal25 August 2023· Software and tools
Trigger.dev: funding round US$3m (≈ £2.4m) — Trigger.dev announced a $3m seed (company blog title listed on YC profile). Buys or funds: Open-source background-jobs and agent platform.funding round · not named
Deal21 August 2023· Chips and hardware
UK Government (UKRI): investment pledge £100m — Reported plan to spend £100m on AI chips, including about 5,000 Nvidia GPUs.investment pledge · Nvidia, AMD, Intel (reported talks)
Deal17 August 2023· Start-ups
Electric Sheep: funding round £400,000 — London start-up replacing green screens with AI closed a £400,000 pre-seed.funding round · Dasein Capital
Deal17 August 2023· Software and tools
Cirata (formerly WANdisco): partnership US$400,000 (≈ £313,553) — WANdisco won a deal worth more than $400,000 (£315,000) to migrate General Motors data. Buys or funds: Multi-phase migration of large GM data sets.partnership · General Motors
Deal16 August 2023· Start-ups
Lindus Health: funding round US$18m (≈ £14.1m) — Series A with Peter Thiel, firstminute, Seedcamp, Hambro Perks, Amino Collective.funding round · Creandum
Deal15 August 2023· Start-ups
Carbon Re Ltd: grant £135,000 — AI for higher use of alternative fuels in cement making.grant · DESNZ AI for Decarbonisation Stream 2
Deal15 August 2023· Start-ups
Secqai Ltd: grant £100,000 — Neuromorphic computing unit for ultra-low-power AI.grant · DESNZ AI for Decarbonisation Stream 2
Deal15 August 2023· Start-ups
Future Decisions Ltd: grant £104,651 — OptimalPrime: AI for building control systems.grant · DESNZ AI for Decarbonisation Stream 2
Deal15 August 2023· Start-ups
H2GO Power Ltd: grant £130,621 — HyAI4RES: AI for renewable hydrogen systems.grant · DESNZ AI for Decarbonisation Stream 2; partner RWE
Deal15 August 2023· Start-ups
Open Climate Fix: grant £121,500 — Solar PV forecasting with real-time PV and satellite data.grant · DESNZ AI for Decarbonisation Stream 2
Deal15 August 2023· Start-ups
list.io Ltd: grant £132,147 — AI for grassland monitoring and management.grant · DESNZ AI for Decarbonisation Stream 2
Deal14 August 2023· Start-ups
11x.ai: funding round US$2m (≈ £1.6m) — London start-up building "AI digital workers" raised $2m pre-seed.funding round · Project A Ventures
Deal9 August 2023· Start-ups
Kavida.ai: funding round £900,000 — London supply-chain start-up planning an AI co-pilot raised £900,000 follow-on seed.funding round · Qima
Deal2 August 2023· Start-ups
Chemify: funding round £36m — Funding including a Series A; Horizon Ventures joined. UKTN reports £33.6m.funding round · Triatomic Capital
Deal2 August 2023· Software and tools
Privitar: acquisition — Informatica announced its intent to buy Privitar on 14 June 2023 and said the deal was complete by 2 August 2023. Buys or funds: Data access management and privacy software, to join Informatica's Intelligent Data Management Cloud.acquisition · Informatica
Deal31 July 2023· Start-ups
InstaDeep: acquisition — BioNTech completed purchase of the London-headquartered AI company (announced 11 Jan 2023 at £562m; completion release gives about €500m for shares it did not already own).acquisition · BioNTech
Deal27 July 2023· Start-ups
Thymia: funding round US$2.7m (≈ £2.1m) — Seed round.funding round · Kodori Ventures
Deal27 July 2023· Start-ups
AutogenAI: funding round US$22.3m (≈ £17.4m) — London generative-AI bid-writing software firm received $22.3m.funding round · Blossom Capital
Deal26 July 2023· Start-ups
Materials Nexus: funding round £2m — Cambridge AI and quantum-mechanics materials spinout raised £2m.funding round · Ada Ventures
Deal26 July 2023· Software and tools
Cirata (formerly WANdisco): listing — WANdisco shares resumed trading on AIM, about 96% below their pre-investigation value. Buys or funds: Return to trading.listing · AIM (London Stock Exchange)
Deal24 July 2023· Start-ups
Quench.ai (now Askollo Ltd): funding round US$5m (≈ £3.9m) — London AI coaching platform founded by Onfido co-founder Husayn Kassai raised $5m pre-seed.funding round · Firstminute Capital; Tuesday VC; BY Venture Partners; Ada Ventures (no lead named)
Deal21 July 2023· Start-ups
Stylib: funding round £1.5m — London architecture product-discovery platform using AI closed a £1.5m pre-seed.funding round · Foundamental
Deal18 July 2023· Start-ups
Sylvera: funding round US$57m (≈ £43.6m) — Series B (£43.6m)funding round · Balderton Capital
Deal18 July 2023· Start-ups
Tractable: funding round US$65m (≈ £49.7m) — AI insurance-claims firm closed a $65m Series E.funding round · SoftBank Vision Fund 2
Deal17 July 2023· Chips and hardware
Optalysys: funding round £21m — Series A for photonic computing for fully homomorphic encryption.funding round · Lingotto, imec.xpand, Northern Gritstone
Deal14 July 2023· Software and tools
Causaly: funding round US$60m (≈ £45.7m) — Series B; total raised £71m.funding round · ICONIQ Growth
Deal14 July 2023· Start-ups
Causaly: funding round US$60m (≈ £45.7m) — Series B.funding round · ICONIQ Growth
Deal12 July 2023· Software and tools
Prolific: funding round £25m — Round co-led by Partech and OSE.funding round · Partech; Oxford Science Enterprises
Deal11 July 2023· Start-ups
Raft (formerly Vector.ai): funding round US$30m (≈ £23.3m) — London AI freight-automation company raised a $30m Series B.funding round · Eight Roads
Deal6 July 2023· Chips and hardware
Axelera AI (UK): uk office opening — First UK office opened in Bristol.uk office opening · University of Bristol QTIC
Deal6 July 2023· Start-ups
Distil.ai: funding round £1.1m — Exeter e-commerce customer-data platform using AI segmentation raised £1.1m seed.funding round · Mercia Ventures
Deal6 July 2023· Start-ups
Distil.ai: funding round £1.1m — Follow-on round with angelsfunding round · Mercia Ventures
Deal5 July 2023· Start-ups
Kinnu: funding round US$6.5m (≈ £5.1m) — Round with Spark Capital and Jigsawfunding round · LocalGlobe and Cavalry Ventures
Deal4 July 2023· Start-ups
Immersive Fox: funding round £2.8m — London AI video-generation start-up raised £2.8m seed.funding round · Redseed VC; Monte Carlo Capital; Altair (no lead named)
Deal4 July 2023· Software and tools
Cirata (formerly WANdisco): funding round £24m — WANdisco raised £24m by issuing new shares while suspended from AIM. Buys or funds: 47.5m new shares to stabilise the business after the fraud finding.funding round · Global Frontier Investments; Davis Capital Partners
Deal4 July 2023· Software and tools
WANdisco (renamed Cirata): funding round £24m — WANdisco raised £24m through new shares to stay afloat. Buys or funds: balance-sheet rescue after fraud; 47.5m new shares. Other investors: others not named.funding round · Global Frontier Investments; Davis Capital Partners
Deal30 June 2023· Start-ups
Scriptic: funding round £4.5m — London generative-AI interactive drama start-up added £4.5m seed, taking the round to £6.5m.funding round · BITKRAFT Ventures
Deal29 June 2023· Start-ups
RoboK: funding round US$2.1m (≈ £1.7m) — Cambridge spinout using AI to analyse CCTV for workplace safety raised $2.1m in grant and equity.funding round · Cambridge Enterprise
Deal28 June 2023· Big tech in the UK
OpenAI (UK): uk office opening — OpenAI opens its first international office, in Londonuk office opening
Deal28 June 2023· Big tech in the UK
OpenAI (UK): uk office opening — OpenAI announced a London office, its first outside the US.uk office opening
Deal27 June 2023· Start-ups
Dexory: funding round US$19m (≈ £14.9m) — Autonomous warehouse-robot firm raised a $19m Series A.funding round · Atomico
Deal27 June 2023· Start-ups
Upp.AI: funding round US$10m (≈ £7.8m) — London e-commerce ad-spend software start-up raised $10m.funding round · Bonfire Ventures
Deal26 June 2023· Start-ups
Babylon Health: delisting — Agreed to delist from the NYSE and become private again; expected to complete in July 2023.delisting · New York Stock Exchange
Deal20 June 2023· Labs
ElevenLabs: funding round US$19m (≈ £14.9m) — Series Afunding round · Nat Friedman, Daniel Gross and Andreessen Horowitz
Deal20 June 2023· Start-ups
Cervest: collapse — Administration, ended 13 June 2024collapse · Interpath (administrators)
Deal20 June 2023· Start-ups
SphereTrax: funding round £100,000 — Hereford AI music-licensing platform raised £100,000.funding round · Fintage House
Deal15 June 2023· Software and tools
Snowplow: funding round — Databricks' venture arm invested an undisclosed sum in Snowplow (listed on Snowplow's newsroom). Buys or funds: lakehouse behavioural-data partnership.funding round · Databricks Ventures
Deal14 June 2023· Big tech in the UK
Google Cloud–Dstl memorandum of understanding on AI: major contract — Memorandum of understanding on AI adoption in UK defencemajor contract · Defence Science and Technology Laboratory
Deal13 June 2023· Labs
Synthesia: funding round US$90m (≈ £71.4m) — Series C; NVentures, Kleiner Perkins, GV and FirstMark took partfunding round · Accel
Deal12 June 2023· Software and tools
Gensyn: funding round £33.8m — Decentralised AI compute start-up raised £33.8m Series A.funding round · a16z crypto
Deal1 June 2023· Start-ups
Hypervision Surgical: funding round £6.5m — King's College London spinout combining AI and hyperspectral imaging for surgery raised £6.5m seed.funding round · HERAN Partners; Redalpine; LifeX Ventures; ZEISS Ventures (no lead named)
Deal23 May 2023· Start-ups
Onfido: acquisition — London identity-verification firm bought US digital-ID company Airside Mobile; sum undisclosed.acquisition · Airside Mobile (target, US)
Deal23 May 2023· Software and tools
Builder.ai (Engineer.ai Global Limited): funding round US$250m (≈ £201.3m) — Software-building platform raised a $250m Series D led by QIA, after selling a stake to Microsoft.funding round · Qatar Investment Authority
Deal22 May 2023· Cloud and compute
Isambard 3: compute grant £10m — UKRI award for the GW4 Isambard 3 Arm-based system. Buys or funds: NVIDIA Grace CPU Superchip system, at least 55,000 cores, HPE POD at NCC. Other investors: GW4 Alliance (awardee); HPE, NVIDIA, Arm (suppliers).compute grant · UKRI
Deal22 May 2023· Labs
PharmEnable: funding round 7,500,000 (£6m) USD — PharmEnable raises $7.5m pre-Series A led by Mitsubishi Tanabe's venture arm For: Pre-Series A for its AI small-molecule pipeline. Other investors: Heyford Trust; o2h Ventures; Martlet Capital; Arrowfield Capital; Wren Capital; Jonathan Milner; Cambridge Enterprise; University of Cambridge Enterprise Fund VIII (Parkwalk Advisors).funding round · MP Healthcare Venture Management (Mitsubishi Tanabe Pharma)
Deal16 May 2023· Cloud and compute
ICICLE (Imperial College, Intel and Lenovo HPC partnership): partnership — Imperial, Intel and Lenovo launch ICICLE. Buys or funds: Multi-year sustainable HPC and AI collaboration; Lenovo Neptune liquid cooling, Intel HBM.partnership · Lenovo (BIZ-INV-2158); Intel (BIZ-BIG-2034)
Deal11 May 2023· Software and tools
Builder.ai (Engineer.ai Global Limited): funding round — Microsoft took an undisclosed equity stake in Builder.ai alongside a deeper partnership. Buys or funds: Microsoft cloud and AI integration; Natasha assistant in Teams store.funding round · Microsoft (equity stake)
Deal9 May 2023· Start-ups
Filament: funding round £2.9m — London AI investment-intelligence platform (Syfter) raised £2.85m.funding round · Wealth Club (EIS round)
Deal2 May 2023· Start-ups
SMPnet: funding round US$1.4m (≈ £1.1m) — London and Glasgow start-up building AI software to control power grids raised $1.4m seed.funding round · Marathon Venture Capital
Deal27 April 2023· Networks and media
Innovate UK BridgeAI: investment pledge £100m — Innovate UK launched BridgeAI as a £100m programme to help firms in four sectors adopt AI, delivered with Digital Catapult, Hartree Centre and Turing.investment pledge · Innovate UK (with Technologies Mission Fund)
Deal27 April 2023· Software and tools
IRIS Audio Technologies: funding round £5.6m — IRIS Audio's first institutional round. Buys or funds: Series A; adoption of IRIS Clarity, especially North America. Other investors: Ojjeh family; TAG Group; Toby Brzoznowski.funding round · Puma Private Equity (lead)
Deal25 April 2023· Start-ups
Kluster: funding round US$5m (≈ £4m) — London AI sales-software start-up raised a $5m Series A.funding round · Foresight Group
Deal24 April 2023· Start-ups
Productive Machines: funding round £2.2m — Rotherham AI software firm for metal-milling vibration raised £2.2m.funding round · UK Innovation & Science Seed Fund (UKI2S)
Deal20 April 2023· Labs
Google DeepMind: merger — DeepMind and Google Brain combined as Google DeepMind, led by Demis Hassabismerger · Google Research Brain team (Alphabet)
Deal17 April 2023· Start-ups
Loopin: funding round £1.6m — Bristol workplace-management start-up using generative AI raised £1.6m from angels.funding round · angel investors (no lead named)
Deal12 April 2023· Start-ups
Infogrid: funding round US$90m (≈ £72.2m) — London AI building-sustainability platform raised $90m Series B in equity and debt.funding round · Original Capital; SoftBank Vision Fund 2; Northzone; TVC; JLL Spark; Committed Capital; Pictet (no lead named)
Deal11 April 2023· Start-ups
RoboK: grant — First-round winner using AI on existing video data.grant · DfT Freight Innovation Fund round 1
Deal4 April 2023· Start-ups
Quantexa: funding round US$129m (≈ £103.1m) — London data-analytics firm raised a $129m Series E at a $1.8bn valuation.funding round · GIC
Deal1 April 2023· Networks and media
Tech Nation: acquisition — Founders Forum Group acquired the Tech Nation brand and relaunched it on 16 October 2023.acquisition · Founders Forum Group (BIZ-NET-003)
Deal31 March 2023· Software and tools
Hazy: funding round US$9m (≈ £7.3m) — Series A with Nationwide and Wells Fargo (currency inconsistent on the page).funding round · Conviction
Deal30 March 2023· Start-ups
Intelligent AI: funding round £2m — Exeter insurance-software start-up raised £2m for Cornwall expansion.funding round · Cornwall & Isles of Scilly Investment Fund (FSE Group); SuperSeed and others (no lead named)
Deal30 March 2023· Start-ups
Permia Sensing: funding round £250,000 — Imperial College spinout using acoustic sensors and AI to detect crop pests raised £250,000.funding round · Jenson Funding Partners
Deal24 March 2023· Start-ups
Dogtooth Technologies; Wootzano (partners): grant over 3,800,000 (whole project) GBP — Partners in open development platform for agri-robotic harvesting; partner shares not stated.grant · Defra Farming Innovation Programme, project Agri-Opencore led by APS Produce
Deal24 March 2023· Software and tools
Hadean: funding round US$5m (≈ £4.1m) — Hadean raised $5m (£4.09m) led by Ericsson Ventures. Buys or funds: immersive infrastructure platform. Other investors: Metrea Discovery; VU Venture Partners; Sanctor Capital; Tirta Ventures.funding round · Ericsson Ventures (lead)
Deal21 March 2023· Software and tools
Canonical (AI and MLOps products): partnership — Canonical's MLOps platform was certified for NVIDIA DGX systems. Buys or funds: Charmed Kubeflow certified under NVIDIA DGX-Ready Software on single- and multi-node DGX.partnership · NVIDIA
Deal16 March 2023· Software and tools
Seldon: funding round US$20m (≈ £16.5m) — London MLOps platform raised a $20m Series B.funding round · Bright Pixel
Deal13 March 2023· Chips and hardware
Intrinsic Semiconductor Technologies: funding round £7m — Round with IP Group and UCL Technology Fund, plus £1m of Innovate UK grants.funding round · Octopus Ventures (lead)
Deal13 March 2023· Start-ups
Phare Labs: funding round £300,000 — London fire-alarm start-up using machine learning raised £300,000.funding round · British Design Fund and angels (no lead named)
Deal10 March 2023· Software and tools
WANdisco (renamed Cirata): collapse — WANdisco suspended its AIM shares after finding suspected sales fraud; FY22 revenue might be $9m, not $24m.collapse
Deal9 March 2023· Start-ups
CanSense: funding round £1.5m — Swansea start-up with an AI and laser blood test for bowel cancer raised £1.5m.funding round · Mercia; Development Bank of Wales; Nonacus (no lead named)
Deal7 March 2023· Software and tools
Unitary: funding round US$8m (≈ £6.7m) — Round led by Ian Hogarth at Plural.funding round · Plural
Deal7 March 2023· Start-ups
Abound: funding round £500m — London lender using open banking and AI raised £500m in debt and equity.funding round · Citi; Waterfall Asset Management (debt); K3 Ventures, GSR Ventures, Hambro Perks (equity)
Deal3 March 2023· Start-ups
Mendelian: grant — NHS AI Award round 3 grant for MendelScan rare disease case-finding in primary care records.grant · NHS AI Lab (AI in Health and Care Award, round 3)
Deal3 March 2023· Start-ups
Oxford Cancer Biomarkers: grant — NHS AI Award round 3 grant for OncoProg bowel cancer chemotherapy-benefit test.grant · NHS AI Lab (AI in Health and Care Award, round 3)
Deal3 March 2023· Software and tools
Attio: funding round US$23.5m (≈ £19.6m) — Attio raised a $23.5m (£19.6m) Series A; total $31.2m. Buys or funds: Series A; CRM platform. Other investors: Balderton Capital; Point Nine.funding round · Redpoint Ventures (lead)
Deal1 March 2023· Networks and media
Tech Nation: pause — Tech Nation shut down after losing a £12m government grant bid, its main income, to Barclays Eagle Labs.pause · Barclays Eagle Labs (winner of grant)
Deal1 March 2023· Services and skills
Datatonic: funding round — Perwyn made a "substantial investment" in Datatonic, funding its purchase of Montreal Analyticsfunding round · Perwyn
Deal1 March 2023· Services and skills
Datatonic: acquisition — Datatonic bought Montreal Analytics, now Datatonic Americasacquisition · Montreal Analytics (target, Canada)
DealMarch 2023· Cloud and compute
AI Research Resource (AIRR): investment pledge £100m — The 2023 Spring Budget set aside £100m for a national AI Research Resource; it was tripled in November 2023. Buys or funds: First funding for a national AI Research Resource, before Isambard-AI and Dawn were named.investment pledge · HM Government (Spring Budget 2023)
DealMarch 2023· Cloud and compute
AI Research Resource (AIRR): investment pledge £900m — The Chancellor committed about £900m to AI research compute and an exascale computer. Buys or funds: AI research compute and a UK exascale supercomputer; in September 2023 Bristol was named host of Isambard-AI with "thousands" of GPUs.investment pledge · HM Treasury (Chancellor Jeremy Hunt, Spring Budget 2023)
Deal28 February 2023· Start-ups
Colossyan: funding round US$5m (≈ £4.1m) — Round reported as Series A at the timefunding round · LAUNCHub Ventures and Emerge Education
Deal28 February 2023· Start-ups
Cordless: funding round US$2.3m (≈ £1.9m) — London AI customer-call analysis start-up raised $2.3m.funding round · Fly Ventures
Deal27 February 2023· Start-ups
Robin AI: funding round US$10.5m (≈ £8.7m) — London legal generative-AI firm raised a $10.5m Series A.funding round · Plural
Deal21 February 2023· Start-ups
AeroCloud: funding round US$12.6m (≈ £10.4m) — Macclesfield airport-management platform using AI raised a $12.6m Series A.funding round · Stage 2 Capital
Deal21 February 2023· Software and tools
Mind Foundry: partnership — Mind Foundry and its insurer backer opened the Aioi R&D Lab in Oxford. Buys or funds: Aioi R&D Lab – Oxford, AI-driven insurance research. Other investors: University of Oxford (advisory board).partnership · Aioi Nissay Dowa Insurance; Aioi Nissay Dowa Europe
Deal17 February 2023· Software and tools
Pydantic: funding round US$4.7m (≈ £3.9m) — Pydantic, the London open-source data-validation project, raised a $4.7m (£3.9m) seed from Sequoia. Buys or funds: cloud services with free tier and usage pricing. Other investors: ParTech; Irregular Expressions; angels.funding round · Sequoia (lead)
Deal16 February 2023· Start-ups
VivaCity (Vivacity Labs): funding round £7m — £7m round to expand to North Americafunding round · ENV; Foresight Group; Gresham House Ventures
Deal16 February 2023· Start-ups
QiO Technologies: funding round US$10m (≈ £8.3m) — Hampshire industrial AI firm closed a $10m Series B.funding round · WAVE Equity Partners
Deal15 February 2023· Chips and hardware
Lumai: funding round £1.1m — Innovate UK grant for optical neural networks.funding round · Innovate UK (grant)
Deal13 February 2023· Cloud and compute
Hartree Centre: investment pledge £30m — Groundbreaking for Hartree's new supercomputer centre. Buys or funds: New supercomputing centre building at Daresbury (strategy gives £42m).investment pledge · STFC
Deal7 February 2023· Start-ups
Syndi Health: funding round US$2m (≈ £1.7m) — London AI wellbeing-recommendation platform raised $2m pre-seed.funding round · Founders Factory; Plug and Play and others (no lead named)
Deal2 February 2023· Start-ups
Re:course AI: funding round US$4.3m (≈ £3.5m) — Manchester healthcare-training platform using AI avatars raised $4.3m seed.funding round · Par Equity
Deal1 February 2023· Software and tools
Instill AI: funding round US$3.6m (≈ £2.9m) — London start-up building tools to analyse images, video, audio and text raised $3.6m seed.funding round · RTP Global
Deal1 February 2023· Start-ups
Conigital: grant £8.3m — Government share of £15.2m Multi-Area Connected Automated Mobility project in Solihull and Coventry.grant · Centre for Connected and Autonomous Vehicles (CAM deployment)
Deal24 January 2023· Start-ups
Waire Health: funding round £2m — Edinburgh remote-monitoring medtech whose C-Detect device uses AI raised £2m.funding round · Eos Advisory; Scottish Enterprise (co-investor)
Deal23 January 2023· Labs
ElevenLabs: funding round US$2m (≈ £1.6m) — Pre-seed; Concept Ventures and individuals took partfunding round · Credo Ventures
Deal23 January 2023· Start-ups
Global Screening Services (GSS): funding round £37m — Funding from three backersfunding round · AlixPartners; The Cynosure Group; MUFG
Deal19 January 2023· Start-ups
Blackford Analysis: acquisition — Bayer bought Edinburgh medical-imaging AI firm Blackford Analysis for an unspecified sum.acquisition · Bayer
Deal16 January 2023· Start-ups
Gigged.AI: funding round £1.6m — Glasgow AI recruitment-software firm raised £1.6m seed.funding round · Par Equity
Deal16 January 2023· Start-ups
Gigged.AI: funding round £1.6m — Seed round with Techstart Ventures and Nile HQfunding round · Par Equity
Deal11 January 2023· Start-ups
InstaDeep: acquisition £562m — BioNTech agreed to buy London AI company InstaDeep (UKTN: £562m incl. up to £200m milestones; BioNTech: about €500m for the remaining shares); completed 31 July 2023.acquisition · BioNTech
Deal11 January 2023· Software and tools
Snowplow: acquisition — Snowplow bought its Australian partner Poplin Data and opened an APAC hub in Sydney. Buys or funds: APAC operating hub in Sydney; Data Product Accelerators.acquisition · Poplin Data (target, Sydney)
Deal10 January 2023· Start-ups
Oxa: funding round US$140m (≈ £115.2m) — Oxford autonomous-vehicle software firm secured a $140m Series C.funding round · Aioi Nissay Dowa Insurance; ENEOS Innovation Partners (no lead named)
Deal9 January 2023· Labs
Kuano: grant 540,000 (project value) GBP reported — Innovate UK funded a £540k Kuano cancer-drug project. For: design of a new generation of cancer drugs (NOTUM, colorectal cancer).grant · Innovate UK
Deal6 January 2023· Start-ups
Perspectum: funding round US$36m (≈ £29.9m) — First round of Series C (£30.4m)funding round · Oppenheimer Holdings
Deal4 January 2023· Software and tools
SurrealDB: funding round US$6m (≈ £5m) — SurrealDB raised a $6m seed led by FirstMark Capital. Buys or funds: multi-model database.funding round · FirstMark Capital; Matt Turck (lead)
Deal1 January 2023· Big tech in the UK
Salesforce (UK): investment pledge US$4bn (≈ £3.32bn) — Five-year UK investment pledge (day not opened)investment pledge
Deal2023· Software and tools
Malted AI: funding round £1m — Malted AI's £1m pre-seed led by the Creator Fund. Buys or funds: small language model distillation.funding round · Creator Fund (lead)
Deal2023· Labs
Met Office AI research (National Capability AI Programme): partnership — The Met Office and the Alan Turing Institute start a partnership to build AI weather forecasting. For: AI for Numerical Weather Prediction (AI4NWP) partnership; co-development of FastNet (BIZ-LAB-6008).partnership · The Alan Turing Institute
Deal2023· Labs
Concr: funding round £1.9m reported — Concr closes £1.94m seed co-led by Cambridge Enterprise Ventures and R42 For: Seed; Irina Babina promoted to CEO afterwards. Other investors: Oncology Ventures; SyndicateRoom; Debiopharm; Jo Pisani (Cambridge Angels).funding round · Cambridge Enterprise Ventures and R42 Group (co-leads)
Deal16 December 2022· Labs
Alchemab Therapeutics: grant £1.7m reported — Innovate UK granted £1.7m to Alchemab and Medicines Discovery Catapult. For: disease-modifying therapy for Huntington's disease.grant · Innovate UK Biomedical Catalyst
Deal14 December 2022· Labs
Basecamp Research: funding round US$20m (≈ £16.1m) — London protein-design AI company raised a $20m Series A.funding round · Systemiq Ventures
Deal14 December 2022· Start-ups
Jaid: funding round £3m — London AI workflow start-up raised £3m seed.funding round · Sure Valley Ventures
Deal13 December 2022· Start-ups
Beamery: funding round US$50m (≈ £40.3m) — AI talent-management firm closed a $50m Series D at a valuation over $1bn.funding round · Teachers’ Ventures Growth
Deal9 December 2022· Start-ups
9fin: funding round US$23m (≈ £18.7m) — London debt-market analytics platform using machine learning raised a $23m Series A+.funding round · Spark Capital
Deal6 December 2022· Start-ups
Chattermill: funding round US$26m (≈ £21.3m) — London customer-feedback analysis platform (AI per headline) raised a $26m Series B.funding round · Beringea
Deal1 December 2022· Software and tools
V7: funding round £27m — Series A (date is article date).funding round · Radical Ventures; Temasek
Deal30 November 2022· Start-ups
Thread: collapse — Thread entered administration (date of appointment not opened)collapse · administrators (not named)
Deal30 November 2022· Start-ups
Thread: acquisition — M&S bought Thread's IP and hired 30 staffacquisition · Marks and Spencer Group plc
Deal29 November 2022· Start-ups
Biorelate: funding round £6.5m — Manchester AI drug-discovery platform raised a £6.5m Series A.funding round · YFM; Maven; Triple Point Ventures; Northern Powerhouse Investment Fund; Manchester Tech Trust angels (no lead named)
Deal28 November 2022· Start-ups
EcoSync: funding round £964,603 — Oxford spinout managing building energy with AI and digital twins raised £964,603.funding round · RO Capital Partners; Oxford Innovation EIS growth fund; OION Angels; Crowdcube (no lead named)
Deal24 November 2022· Start-ups
Obrizum: funding round £9.5m — Series A, total funding about £14mfunding round · Guinness Ventures and others (no lead named)
Deal17 November 2022· Start-ups
Vestico: funding round £250,000 — London AI fashion-visualisation start-up took a £250,000 investment.funding round · Jenson Funding Partners
Deal14 November 2022· Software and tools
Quix: funding round £11m — Quix raised an £11m Series A led by MMC Ventures. Buys or funds: Series A; product development and open source. Other investors: Project A Ventures; Passion Capital.funding round · MMC Ventures
Deal10 November 2022· Start-ups
Anything World: funding round US$7.5m (≈ £6.4m) — "Series seed plus"funding round · Warner Music Group and others
Deal9 November 2022· Start-ups
Audio Analytic: acquisition — Meta reported (via The Telegraph) to have bought Audio Analyticacquisition · Meta Platforms
Deal9 November 2022· Start-ups
ToffeeX (formerly TOffeeAM): funding round £5m — London 3D-printing design software start-up raised a £5m Series A.funding round · Presidio Ventures; East Innovate
Deal8 November 2022· Software and tools
Matillion: funding round — Databricks' venture arm invested an undisclosed sum in Matillion. Buys or funds: partnership with Databricks lakehouse.funding round · Databricks Ventures (strategic investment)
Deal7 November 2022· Start-ups
Gigaton (formerly Carbon Re): funding round £4.2m — Seed as Carbon Refunding round · Planet A Ventures
Deal1 November 2022· Start-ups
Solvo.ai: funding round US$4m (≈ £3.5m) — London AI pricing-engine start-up raised a $4m seed round.funding round · Speedinvest; Frontline Ventures
Deal27 October 2022· Chips and hardware
Axelera AI (UK): funding round US$27m (≈ £23.3m) — Series A for the Dutch edge-AI chip firm; included expansion with a Bristol office.funding round · Innovation Industries (lead)
Deal25 October 2022· Cloud and compute
UKCloud: collapse — Winding-up orders against UKCloud and parent Virtual Infrastructure Group.collapse · Official Receiver (Gareth Jonathan Allen); Ernst & Young special managers
Deal20 October 2022· Start-ups
Nucleome Therapeutics: funding round £37.5m — Oxford spinout using machine learning to predict disease-linked variants raised a £37.5m Series A.funding round · M Ventures
Deal18 October 2022· Established firms
GSK and Tempus AI collaboration: major contract US$70m (≈ £61.8m) — Three-year access to Tempus AI platform and data; initial paymentmajor contract · Tempus
Deal17 October 2022· Labs
Stability AI: funding round US$101m (≈ £88.3m) — Oversubscribed round; valuation not stated by the companyfunding round · Coatue, Lightspeed Venture Partners and O'Shaughnessy Ventures
Deal17 October 2022· Start-ups
Sensyne Health (now Arcturis Data): rename — Renamed Arcturis Data Limited.rename · Arcturis Data Limited
Deal11 October 2022· Software and tools
Enate: funding round £2m — Enate raised £2m in a follow-on from Mercia. Buys or funds: Hybrid workforce orchestration platform.funding round · Mercia
Deal10 October 2022· Software and tools
Connex One: funding round £93m — Connex One raised £93m in a Series C. Buys or funds: Series C; global expansion to 1,000 staff.funding round · GP Bullhound (undisclosed investment; lead not stated)
Deal7 October 2022· Start-ups
ProQuo AI: acquisition — VC firm Grafton Capital bought brand-management software firm ProQuo AI; sum not disclosed.acquisition · Grafton Capital
Deal6 October 2022· Software and tools
Lightdash: funding round US$8.4m (≈ £7.5m) — Lightdash raised $8.4m (£7.5m) seed led by Accel. Buys or funds: Seed; open-source BI platform. Other investors: Moonfire; Y Combinator; angels incl. GitLab CMO Ashley Kramer.funding round · Accel
Deal1 October 2022· Start-ups
Learning Pool: acquisition — Learning Pool bought an AI skills-management platformacquisition · People Analytix (target)
DealOctober 2022· Cloud and compute
Crown Hosting Data Centres: government contract £250m — Crown Hosting won a second seven-year, £250m government hosting framework. Buys or funds: Single-supplier colocation framework (Crown Hosting II), seven years.government contract · Crown Commercial Service
Deal28 September 2022· Software and tools
Synthesized: funding round — Deutsche Bank invested an undisclosed sum in Synthesized and joined it to its corporate venture portfolio. Buys or funds: synthetic test data; AI/ML experimentation; GCP migration.funding round · Deutsche Bank Corporate Venture Capital
Deal27 September 2022· Start-ups
Optellum: funding round US$14m (≈ £13m) — Series A.funding round · Mercia
Deal26 September 2022· Start-ups
Disperse: funding round US$16m (≈ £14.8m) — London AI construction-site data platform raised $16m.funding round · 2150
Deal23 September 2022· Software and tools
Hadean: funding round US$30m (≈ £27.5m) — London's Hadean raised a $30m (£26.6m) Series A led by Molten, with Epic Games. Buys or funds: metaverse and simulation infrastructure, computing power. Other investors: 2050 Capital; Alumni Ventures; Aster Capital; Entrepreneur First; In-Q-Tel; Epic Games.funding round · Molten Ventures (lead)
Deal21 September 2022· Start-ups
AMPLY Discovery: funding round £900,000 — Belfast AI drug-discovery start-up raised £900,000 in equity and grant.funding round · Co Fund NI; QUBIS Innovation Fund; Helix Way Partnership; HBAN angels (no lead named)
Deal20 September 2022· Software and tools
NeuralSpace: funding round US$2.8m (≈ £2.5m) — London NLP start-up completed a $2.8m seed round.funding round · Merus Capital; GoHub (co-leads)
Deal15 September 2022· Labs
Unlikely AI: funding round US$20m (≈ £17.4m) — Seed (£17.4m)funding round · Amadeus Capital and Octopus Ventures
Deal8 September 2022· Start-ups
Darktrace (recorded under risk): cancellation — Rumoured takeover of Darktrace by Thoma Bravo was called off; shares fell 30% (Thoma Bravo later bought it in 2024).cancellation · Thoma Bravo
Deal7 September 2022· Labs
PolyAI: funding round US$40m (≈ £34.9m) — Series B with Twilio Ventures; total funding US$70mfunding round · Georgian
Deal1 September 2022· Software and tools
Snowplow: uk office opening — US company registered a UK branch at Snowplow's London addressuk office opening · Snowplow Technologies Inc
Deal11 August 2022· Start-ups
Jiminny: funding round US$16.5m (≈ £13.5m) — London sales "conversational intelligence" software firm closed a $16.5m Series A.funding round · Kennet Partners
Deal4 August 2022· Start-ups
Cera: funding round US$320m (≈ £264.2m) — Equity and debt round (£263.6m)funding round · Schroders Capital; Jane Street Capital; KairosHQ; Vanderbilt University
Deal2 August 2022· Start-ups
Growth Intelligence: funding round £1.5m — B2B marketing firm using an AI platform raised £1.5m.funding round · Shard Credit Partners
Deal2 August 2022·
VIRTUS Data Centres (new): acquisition — Macquarie agreed a significant minority stake; 11 Greater London sites, over 180MW.acquisition · Macquarie Asset Management (BIZ-INV-312)
Deal1 August 2022· Start-ups
Built AI: funding round £2m — London property-analytics start-up using NLP closed a £2m seed round.funding round · Philipp Mohr; Puli Liyanagama (angel leads)
Deal28 July 2022· Software and tools
Humanloop: funding round US$2.6m (≈ £2.1m) — London AI tooling start-up closed a $2.6m seed round.funding round · Index Ventures
Deal28 July 2022· Start-ups
iLoF (Intelligent Lab on Fiber): funding round US$4.1m (≈ £3.4m) — Oxford and Porto AI biomarker drug-discovery start-up raised funding led by a $4.1m equity investment.funding round · Faber
Deal26 July 2022· Start-ups
Geomiq: funding round US$8.5m (≈ £7.1m) — London manufacturing marketplace that uses machine learning to match jobs raised an $8.5m Series A.funding round · AXA Ventures
Deal14 July 2022· Labs
AI Research Centre for Defence (ARC-D), Dstl and The Alan Turing Institute: partnership — Dstl and the Alan Turing Institute launch ARC-D. For: Joint defence AI research centre in London, funded through the MOD Chief Scientific Adviser.partnership · Dstl; The Alan Turing Institute (BIZ-SAFE-2060)
Deal13 July 2022· Start-ups
Sensyne Health (now Arcturis Data): delisting — Re-registered from Sensyne Health plc to Sensyne Health Limited (private company).delisting
Deal13 July 2022· Software and tools
incident.io: funding round US$28.7m (≈ £24m) — incident.io raised a $28.7m Series A led by Index, taking its total to $34.2m. Buys or funds: International expansion incl. planned New York office; London team growth. Other investors: Point Nine; Mike Krieger; Lachy Groom; Mantis VC.funding round · Index Ventures (lead)
Deal7 July 2022· Start-ups
WiseWorks AI: funding round US$1.2m (≈ £999,917) — Seedfunding round · Veridian Ventures
Deal7 July 2022· Start-ups
WiseWorks AI: funding round 1,200,000 (£1m) USD — Oversubscribed seed round.funding round · Veridian Ventures (with SyndicateRoom, Istcapital, Founders Factory, R42)
Deal6 July 2022· Start-ups
CardiaTec: funding round £1.4m — Cambridge start-up using AI for heart-disease target discovery raised £1.4m pre-seed.funding round · Laidlaw Scholars Ventures; APEX Ventures
Deal1 July 2022· Start-ups
Holly Health: funding round £1.4m — Digital health-coach app raised £1.4m.funding round · Kima Ventures and others (no lead named)
DealJuly 2022· Software and tools
BIZ-SU-OTH-7001 Re:infer: acquisition — UiPath bought London's Re:infer, a 2015 UCL spin-out; announced 1 August 2022, completed July 2022 per UiPath's 10-K. Buys or funds: NLP for documents and communications; no-code custom models.acquisition · UiPath (buyer)
Deal30 June 2022· Software and tools
Codeplay Software: acquisition — Intel's UK subsidiary became 75%-plus owneracquisition · Intel (Intel Research And Development UK Limited)
Deal30 June 2022· Start-ups
Black Swan Data: funding round US$18.5m (≈ £15.2m) — Consumer-trend analytics firm whose Trendscope tool uses AI closed an $18.5m growth round; UK base not stated on page.funding round · Oxx
Deal30 June 2022· Established firms
Diageo AI consumer tools (Vivanda FlavourPrint and Project Halo): acquisition — Diageo buys Vivanda, maker of the FlavourPrint taste-matching AI, for an undisclosed fee (date is the report date).acquisition · Diageo
Deal30 June 2022· Software and tools
Snowplow: funding round US$40m (≈ £32.9m) — Snowplow raised a $40m Series B led by NEA, taking total funding to $55m. Buys or funds: analytics, composable CDP, AI/ML model data; Boston HQ2. Other investors: Atlantic Bridge; MMC.funding round · NEA (lead)
Deal29 June 2022· Start-ups
Ophelos: funding round £5m — London AI debt-collection fintech raised £5m.funding round · AlbionVC
Deal28 June 2022· Software and tools
Speechmatics: funding round US$62m (≈ £50.8m) — Series B with AlbionVC and IQ Capitalfunding round · Susquehanna Growth Equity
Deal24 June 2022· Start-ups
Opteran: funding round US$12m (≈ £9.8m) — Sheffield university spinout building insect-inspired autonomy raised $12m.funding round · Join Capital
Deal24 June 2022· Start-ups
Opteran: funding round US$12m (≈ £9.8m) — $12m round with IQ Capital, Northern Gritstone, Seraphimfunding round · Join Capital
Deal23 June 2022·
BotsAndUs (new): funding round US$13m (≈ £10.6m) — London warehouse-robot firm using AI digital twins raised a $13m seed round.funding round · Lakestar
Deal23 June 2022· Labs
Dstl AI and data science research (Defence Science and Technology Laboratory): partnership — Dstl forms the Defence Data Research Centre with an Exeter-led consortium. For: Defence Data Research Centre, on data problems for defence AI. Other investors: University of Liverpool; University of Surrey; Digital Catapult (BIZ-NET-2001).partnership · University of Exeter (consortium lead)
Deal22 June 2022· Start-ups
DAACI: funding round £4m — Seed round launched, EIS-eligible, due to close September 2022; closing amount not foundfunding round
Deal21 June 2022· Start-ups
CloudNC: funding round US$45m (≈ £36.6m) — London maker of software for factories to create components autonomously raised a $45m Series B.funding round · Autodesk
Deal21 June 2022· Start-ups
Sonrai Analytics: funding round £2.1m — Belfast AI medical-software firm raised a £2.1m "seed plus" round.funding round · Forward Partners
Deal14 June 2022· Start-ups
Clausematch: funding round US$10.8m (≈ £9m) — With Sony Innovation Fund and Flashpointfunding round · Lytical Ventures
Deal13 June 2022· Start-ups
Sonantic: acquisition — Spotify to acquire Sonantic; terms undisclosedacquisition · Spotify
Deal10 June 2022· Start-ups
Papercup: funding round US$20m (≈ £16.2m) — Series A with LocalGlobe, Sands Capital, Sky, Guardian Media Ventures, Entrepreneur First and BDMIfunding round · Octopus Ventures
Deal9 June 2022· Start-ups
Multiverse: funding round US$220m (≈ £175.4m) — Series Dfunding round · StepStone Group (co-lead)
Deal7 June 2022· Software and tools
Matillion: funding round — Citi Ventures made an undisclosed strategic investment in Matillion. Buys or funds: cloud-native data integration.funding round · Citi Ventures (strategic investment)
Deal24 May 2022· Start-ups
Greyparrot: funding round US$11m (≈ £8.8m) — London AI waste-analytics platform closed an $11m Series A.funding round · Una Terra
Deal24 May 2022· Software and tools
OpenDialog: funding round US$5m (≈ £4m) — London conversational-AI platform raised a $5m first seed round.funding round · not named
Deal19 May 2022· Labs
Oxford Drug Design: funding round 2,200,000 ($2.7m) GBP reported — Oxford Drug Design raises £2.2m bridge round For: Bridge round for oncology programmes. Other investors: R42 Group; returning angels.funding round · ACF Investors; o2h Ventures; Meltwind Advisory (existing; no lead named)
Deal18 May 2022· Start-ups
Kaizan: funding round US$1.2m (≈ £966,728) — AI platform for client-support teams raised $1.2m pre-seed.funding round · Jigsaw
Deal13 May 2022· Chips and hardware
Salience Labs: funding round £9.4m — Seed round for hybrid photonic-electronic AI chip.funding round · Cambridge Innovation Capital, Oxford Science Enterprises
Deal4 May 2022· Start-ups
Slamcore: funding round US$16m (≈ £12.8m) — Series A (£12.8m)funding round · ROBO Global Ventures; Presidio Ventures
DealMay 2022· Software and tools
Slamcore: funding round US$16m (≈ £12.7m) — $16M raised for low-cost spatial understanding for robots; lead not stated.funding round
Deal28 April 2022· Start-ups
Arbolus: funding round US$15m (≈ £12.1m) — London start-up using AI to digitise offline knowledge raised a $15m Series A.funding round · Element Ventures
Deal28 April 2022· Software and tools
Lifebit: partnership — Lifebit partnered with Denmark's national genome centre. Buys or funds: Protection of genomic data.partnership · Danish National Genome Center
Deal27 April 2022· Established firms
Aviva and Tractable AI motor claims: major contract — Visual AI for motor repair estimatesmajor contract · Tractable
Deal25 April 2022· Start-ups
BenevolentAI: listing — AI drug-discovery company began trading on Euronext Amsterdam after a $1.7bn SPAC merger.listing · Odyssey Acquisition S.A. (SPAC); Euronext Amsterdam
Deal25 April 2022· Start-ups
BenevolentAI: listing — Began trading on Euronext Amsterdam after combining with the Odyssey SPAC.listing · Euronext Amsterdam (via Odyssey Acquisition S.A., a SPAC), ticker BAI
Deal21 April 2022· Start-ups
Futr: funding round £2.1m — Growth roundfunding round · Blackfinch Ventures (new), Praetura Ventures, British Robotics Fund
Deal12 April 2022· Start-ups
Five AI: acquisition — Bosch buys Cambridge self-driving software company Five; price not disclosedacquisition · Bosch
Deal11 April 2022· Start-ups
RegGenome (Regulatory Genome Development Ltd): funding round US$6m (≈ £4.6m) — Cambridge spinout using machine learning to structure regulatory content raised $6m seed.funding round · Evolution Equity Partners
Deal8 April 2022· Labs
Conjecture: funding round — Conjecture announces its launch and names its backers; amount not stated. For: launch funding for alignment research. Other investors: Nat Friedman; Daniel Gross; Patrick and John Collison; Arthur Breitman; Andrej Karpathy; Sam Bankman-Fried; others.funding round · — (lead not stated)
Deal1 April 2022· Start-ups
Better Origin: funding round £12m — Series A (closed early April 2022)funding round
Deal25 March 2022· Software and tools
BIZ-SW-5037 Causal: funding round £15m — Causal (spelt "Casual" by UKTN) raised a £15m Series A. Buys or funds: Series A; team growth from 12 to 50. Other investors: Angels incl. Jeremy Stoppelman, Akshay Kothari, Sam Blond.funding round · Coatue; Accel (leads)
Deal24 March 2022· Start-ups
Avnio (now Loopio UK Ltd): funding round £3m — London sales-automation start-up combining AI and workflows left stealth with £3m seed.funding round · Felicis Ventures
Deal23 March 2022· Start-ups
Climate X: funding round £4.1m — Seedfunding round · CommerzVentures; A/O PropTech
Deal22 March 2022· Labs
Alchemab Therapeutics: compute grant — Alchemab was selected for access to NVIDIA's Cambridge-1 supercomputer. For: machine-learning antibody discovery on Cambridge-1.compute grant · NVIDIA (Cambridge-1)
Deal21 March 2022· Software and tools
Gensyn: funding round US$6.5m (≈ £4.9m) — London AI compute-network start-up closed a $6.5m seed round.funding round · Eden Block
Deal17 March 2022·
Blue Prism (new): delisting — AIM admission cancelled on completion of the SS&C deal.delisting · AIM, London Stock Exchange
Deal16 March 2022· Software and tools
Boltzbit: funding round £1.6m — London start-up whose platform lets businesses generate AI neural networks raised £1.6m seed.funding round · Speedinvest; IQ Capital (no lead named)
Deal16 March 2022·
Blue Prism (new): acquisition US$1.60bn (≈ £1.22bn) — SS&C completed purchase of the UK robotic process automation company for about US$1.6bn (£1.25bn).acquisition · SS&C Technologies
Deal14 March 2022· Software and tools
Mindtech: funding round US$3.7m (≈ £2.8m) — Strategic round.funding round · Appen
Deal10 March 2022·
Lendable (new): funding round £210m — London lender that uses AI in underwriting raised £210m at a £3.5bn valuation.funding round · Ontario Teachers' Pension Plan Board (Teachers' Innovation Platform)
Deal10 March 2022· Software and tools
Lifebit: partnership — Boehringer Ingelheim and Lifebit began a partnership on biomedical data. Buys or funds: Long-term AI and biomedical data partnership.partnership · Boehringer Ingelheim
Deal7 March 2022· Start-ups
LifeScore: funding round £11m — Wiltshire AI adaptive-music company raised an £11m Series A.funding round · Octopus Ventures
Deal3 March 2022· Software and tools
Silico: funding round £3.4m — London AI simulation and decision-making platform closed a £3.4m seed round.funding round · Join Capital
Deal28 February 2022· Software and tools
QuantrolOx: funding round £1.4m — Oxford start-up building AI software to tune quantum computers raised £1.4m seed.funding round · Nielsen Ventures; Hoxton Ventures
Deal23 February 2022· Established firms
QinetiQ Inc. US Joint AI Center test and evaluation contract: major contract — Place on five-year AI test and evaluation frameworkmajor contract · US Joint Artificial Intelligence Center
Deal22 February 2022· Start-ups
Automata: funding round US$50m (≈ £36.8m) — London lab-automation firm raised a $50m Series B.funding round · Octopus Ventures
Deal21 February 2022· Start-ups
Sharktower: acquisition — Data consultancy Proteus bought Edinburgh AI project-management software firm Sharktower for an undisclosed sum.acquisition · Proteus
Deal15 February 2022· Start-ups
Netacea: funding round £9m — Series A to fund US expansionfunding round · not named on page opened
Deal11 February 2022· Start-ups
Adthena: funding round US$13.5m (≈ £9.9m) — Credit facility for US expansionfunding round · Espresso Capital (debt)
Deal8 February 2022· Start-ups
Actable AI: funding round US$1.2m (≈ £885,413) — London no-code analytics start-up raised a $1.2m pre-seed round.funding round · Begin Capital
Deal8 February 2022· Chips and hardware
Arm: cancellation US$40bn (≈ £29.51bn) — Nvidia abandoned its $40bn takeover of Cambridge chip designer Arm; Arm to pursue a listing instead.cancellation · Nvidia
Deal8 February 2022· Chips and hardware
Arm: cancellation — 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.cancellation · NVIDIA; SoftBank Group (BIZ-INV-018)
Deal7 February 2022· Start-ups
AI Music: acquisition — Purchase reported by Bloomberg via MacRumors; no statement from Appleacquisition · Apple
Deal7 February 2022· Start-ups
Sova Assessment: funding round US$9m (≈ £6.7m) — London recruitment platform that uses AI to assess job candidates closed a $9m growth round.funding round · Octopus Ventures
Deal6 February 2022· Start-ups
Pinpoint Data Science: grant £752,021 — Late-stage SBRI cancer award to optimise urgent cancer referrals with an AI blood test.grant · SBRI Healthcare / NHS Cancer Programme
Deal2 February 2022· Start-ups
VEED: funding round US$35m (≈ £25.8m) — First outside fundingfunding round · Sequoia
DealFebruary 2022· Cloud and compute
AtlasEdge (UK): acquisition — AtlasEdge bought the Leeds site later relaunched as LBA001. Buys or funds: Leeds data centre, 400 racks.acquisition · Cornelius House, Leeds (seller not named)
Deal27 January 2022· Cloud and compute
ANS (ANS Group): rename — The merged ANS–UKFast business adopted the ANS name. Buys or funds: Combined group trades under the ANS name.rename · UKFast
Deal25 January 2022· Start-ups
Sylvera: funding round US$32.6m (≈ £24.2m) — Series A (£24.1m)funding round · Index Ventures; Insight Partners
Deal25 January 2022· Start-ups
InstaDeep: funding round US$100m (≈ £74.2m) — London-based enterprise AI decision-making firm raised a $100m Series B.funding round · Alpha Intelligence Capital; CDIB (leads)
Deal18 January 2022· Labs
Wayve: funding round US$200m (≈ £147.3m) — Series B; total equity raised to date over US$258mfunding round · Eclipse
Deal6 January 2022· Start-ups
iProov: funding round US$70m (≈ £51.7m) — Growth investmentfunding round · Sumeru Equity Partners
Deal1 January 2022· Start-ups
Cleo: funding round US$80m (≈ £59.4m) — Series C (company page; exact date not given)funding round · Sofina
Deal1 January 2022· Start-ups
AI Sight: spin out — Spun out of Liverpool's Department of Eye and Vision Science.spin out · University of Liverpool
Deal2022· Cloud and compute
UKCloud: acquisition — UKCloud needed a £30m rescue and was acquired in early 2022, months before liquidation.acquisition · investment company of chairman Jeff Thomas
Deal2022· Cloud and compute
ExCALIBUR: grant £3m — Up to four two-year projects on high-priority exascale software use cases, to start by 1 December 2022.grant · UKRI Strategic Priorities Fund
Deal2022· Software and tools
incident.io: funding round US$5.5m (≈ £4.1m) — incident.io's $5.5m seed was announced alongside its Series A. Buys or funds: Seed.funding round · not named
Deal20 December 2021· Start-ups
Health Navigator: grant £936,697 — SBRI award to deploy AI on NHS data to identify patients at risk.grant · SBRI Healthcare (urgent and emergency care)
Deal20 December 2021· Start-ups
Re:course AI: grant £860,628 — SBRI award (listed as Recourse AI) to cut time needed to train and assess clinicians.grant · SBRI Healthcare (urgent and emergency care)
Deal20 December 2021· Start-ups
RAIQC: grant £697,140 — SBRI award for clinical image-interpretation simulation platform.grant · SBRI Healthcare (urgent and emergency care)
Deal20 December 2021· Chips and hardware
Salience Labs: funding round £350,000 — Pre-seed plus 13-week mentoring course.funding round · Deeptech Labs
Deal15 December 2021· Start-ups
Signal AI: funding round US$50m (≈ £37.8m) — Round for platform that extracts insights from public content.funding round · not stated in source
Deal15 December 2021· Software and tools
Signal AI: funding round US$50m (≈ £37.8m) — MMC invested again as Signal AI raised $50M.funding round · MMC Ventures (participant; lead not stated)
Deal8 December 2021· Start-ups
Grid Edge: funding round £2m — £2m roundfunding round · bp Ventures; Goldacre; Aston University
Deal8 December 2021· Labs
Synthesia: funding round US$50m (≈ £37.8m) — Series B for AI video avatars.funding round · Kleiner Perkins (lead)
Deal8 December 2021·
Blue Prism (new): cancellation — Vista's recommended offer (Sept 2021, 1,125p) lapsed when Vista would not top SS&C's bid.cancellation · Vista Equity Partners (BIZ-INV-306)
Deal2 December 2021· Established firms
Oxford-GSK Institute of Molecular and Computational Medicine: investment pledge £30m — Oxford-GSK Institute using machine learning and genetics, five yearsinvestment pledge · University of Oxford
Deal30 November 2021· Software and tools
Raycast: funding round US$15m (≈ £11.3m) — Raycast raised a $15m (£11.2m) Series A. Buys or funds: Series A; Extensions API and Store, team features. Other investors: Angels: Johnny Boufarhat, Jeff Weinstein, Jason Warner, Ott Kaukver.funding round · Coatue; Accel (leads)
Deal23 November 2021· Start-ups
ieso: funding round US$53m (≈ £39.6m) — Series B; total raised US$77.9m.funding round · Morningside
Deal18 November 2021· Software and tools
Brainnwave: funding round US$10.2m (≈ £7.6m) — Brainnwave closed $10.2m (nearly £6m) in a co-venture with engineering firm Hatch. Buys or funds: Series A; 100 new roles.funding round · Hatch (co-venture)
Deal17 November 2021· Start-ups
Adludio: funding round £4m — Growth roundfunding round · Mercia (Northern VCT funds)
DealNovember 2021· Software and tools
Attio: funding round US$7.7m (≈ £5.6m) — Attio raises a $7.7m seed round led by Point Nine. Buys or funds: CRM product. Other investors: Balderton; Headline; Passion Capital; angels.funding round · Point Nine (lead)
Deal21 October 2021· Cloud and compute
ANS (ANS Group): merger — ANS and UKFast announced a merger, with a combined board from January 2022. Buys or funds: Combined cloud and digital transformation group.merger · UKFast
Deal6 October 2021· Labs
Wayve: funding round £10m — Strategic investment by Ocado in self-driving start-up.funding round · Ocado
Deal4 October 2021· Data centres
Kao Data: acquisition £130m — Infratil took 40% for £120–130m growth capital; Legal & General and Goldacre kept 30% each.acquisition · Infratil (BIZ-INV-309)
Deal4 October 2021· Software and tools
TurinTech: government contract — TurinTech news index lists a Horizon 2020 award; amount not given. Buys or funds: EU research and innovation award.government contract · European Union (Horizon 2020)
DealOctober 2021· Software and tools
Encord: funding round £9.6m — Encord raised a £9.6m Series A in October 2021. Buys or funds: Series A; training data platform.funding round
Deal29 September 2021· Labs
Google DeepMind: partnership — DeepMind and the Met Office published a radar-based AI nowcasting model in Nature, tested with Met Office forecasters. For: Joint research on the DGMR rain-nowcasting model (BIZ-LAB-14027).partnership · Met Office
Deal28 September 2021· Software and tools
Lifebit: funding round US$60m (≈ £44.3m) — Lifebit raised a $60m Series B led by Tiger Global. Buys or funds: Series B; federated biomedical data platforms. Other investors: Eurazeo; Pentech Ventures; Beacon Capital.funding round · Tiger Global Management
Deal27 September 2021· Start-ups
SenseOn: funding round US$20m (≈ £14.6m) — Round for AI threat detection and response.funding round · not stated in source
Deal16 September 2021· Software and tools
Beebot AI: rename — Future Now AI Ltd renamed Beebot AI Ltd.rename
Deal10 September 2021· Start-ups
Perceptual Robotics: funding round £1.6m — Round with Humble Holdings and Metavallon VC.funding round · TSP Ventures
Deal9 September 2021· Labs
PolyAI: funding round US$14m (≈ £10.1m) — Round name not stated; total raised to date US$28mfunding round · Khosla Ventures
Deal24 August 2021· Cloud and compute
Lovelace (Loughborough University HPC): gpu purchase £1m — Loughborough bought the £1m Lovelace HPC system from OCF. Buys or funds: 58 Lenovo nodes, 6 NVIDIA V100 GPUs, 800TB storage. Other investors: Lenovo; NVIDIA.gpu purchase · BIZ-CLD-5004 OCF
Deal23 August 2021· Established firms
Satalia acquisition (WPP): acquisition — WPP acquires AI company Satalia; price not publishedacquisition · Satalia
Deal23 August 2021· Start-ups
Satalia: acquisition — WPP bought Satalia; it joined Wunderman Thompson Commerceacquisition · WPP plc
Deal18 August 2021· Software and tools
InfoSum: funding round US$65m (≈ £47.3m) — InfoSum raised a $65m Series B from Chrysalis Investments, taking its total to $90m.funding round · Chrysalis Investments
Deal26 July 2021·
Pulsant (new): acquisition — Infrastructure fund bought operator of 10 UK data centres; terms undisclosed.acquisition · Antin Infrastructure Partners (BIZ-INV-308); sellers Oak Hill Capital and Scottish Equity Partners
Deal22 July 2021· Start-ups
Charisma.ai: rename — To Play For Limited renamed Charisma Entertainment Limitedrename
Deal22 July 2021· Labs
Google DeepMind: partnership — Google DeepMind and EMBL-EBI made AlphaFold predictions freely available. For: Joint launch and hosting of the AlphaFold Protein Structure Database.partnership · EMBL-EBI (European Bioinformatics Institute)
Deal20 July 2021· Start-ups
Climate X: funding round £1.1m — Pre-seed round for climate-risk data intelligence.funding round · Pale Blue Dot (lead); Blue Wire Capital; A100x; others
Deal13 July 2021· Start-ups
Quantexa: funding round US$153m (≈ £110.5m) — Series D for AI-based data tools for risk and investigations.funding round · Warburg Pincus (lead)
Deal13 July 2021· Start-ups
Quantexa: funding round US$153m (≈ £110.5m) — Series D led by Warburg Pincus; valuation not published.funding round · Warburg Pincus (BIZ-INV-304)
Deal8 July 2021· Labs
Kuano: funding round £1m — Kuano raises a £1m seed round. For: Technology team, platform and own therapeutics. Other investors: Cambridge-based angel syndicate.funding round · no lead named (ACF Investors; o2h Ventures)
Deal28 June 2021·
Global Technical Realty (new): investment pledge — GTR and KKR announced a 40.5MW, three-building campus in Slough.investment pledge · KKR (BIZ-INV-303); SEGRO (land)
Deal24 June 2021· Labs
Kuano: partnership — Kuano agreed a research collaboration with the ARUK UCL Drug Discovery Institute.partnership · Alzheimer's Research UK UCL Drug Discovery Institute
Deal23 June 2021· Start-ups
CENTURY Tech: funding round US$6.5m (≈ £4.7m) — Growth roundfunding round · Solve Innovation Future (MIT Solve) among new investors
Deal17 June 2021· Start-ups
Beamery: funding round US$138m (≈ £98.9m) — Round for recruitment software platform.funding round · not stated in source
Deal16 June 2021· Start-ups
Tractable: funding round US$60m (≈ £42.5m) — Series D for AI damage appraisal.funding round · Insight Partners; Georgian Partners (co-leads)
Deal16 June 2021· Start-ups
Behold.ai: grant — NHS AI Award round 2 grant for chest X-ray analysis to fast-track suspected lung cancer.grant · NHS AI Lab (AI in Health and Care Award, round 2)
Deal16 June 2021· Start-ups
Skin Analytics: grant — NHS AI Award phase 4 grant for DERM skin lesion analysis.grant · NHS AI Lab (AI in Health and Care Award, round 2, phase 4)
Deal16 June 2021· Start-ups
Caristo Diagnostics: grant — NHS AI Award phase 3 grant for CaRi-HEART heart inflammation detection on CT.grant · NHS AI Lab (AI in Health and Care Award, round 2, phase 3)
Deal16 June 2021· Start-ups
Navenio: grant — NHS AI Award phase 3 grant for AI hospital workforce deployment.grant · NHS AI Lab (AI in Health and Care Award, round 2, phase 3)
Deal16 June 2021· Start-ups
Optellum: grant — NHS AI Award phase 3 grant for DOLCE lung nodule decision support.grant · NHS AI Lab (AI in Health and Care Award, round 2, phase 3)
Deal16 June 2021· Start-ups
Storm ID: grant — NHS AI Award phase 3 grant for Lenus COPD Management Service.grant · NHS AI Lab (AI in Health and Care Award, round 2, phase 3)
Deal16 June 2021· Start-ups
MyWay Digital Health: grant — NHS AI Award phase 2 grant for MyDiabetes IQ.grant · NHS AI Lab (AI in Health and Care Award, round 2, phase 2)
Deal16 June 2021· Start-ups
Sonrai Analytics: grant — NHS AI Award phase 2 grant for ImageDx cancer biopsy analysis.grant · NHS AI Lab (AI in Health and Care Award, round 2, phase 2)
Deal16 June 2021· Start-ups
Perspectum: grant — NHS AI Award phase 2 grant for First PLUS placenta measurement (University of Oxford-led, Perspectum partner).grant · NHS AI Lab (AI in Health and Care Award, round 2, phase 2)
Deal16 June 2021· Start-ups
CyberLiver: grant — NHS AI Award phase 1 grant for CirrhoCare.grant · NHS AI Lab (AI in Health and Care Award, round 2, phase 1)
Deal16 June 2021· Start-ups
Kheiron Medical Technologies (now DeepHealth UK): grant — NHS AI Award grant for Mia breast screening reader.grant · NHS AI Lab (AI in Health and Care Award, round 2)
Deal10 June 2021· Investors
Balderton Capital: investment pledge US$680m (≈ £480.8m) — Fund close: Balderton Growth I at US$680m with BPC's US$75m cornerstoneinvestment pledge · British Patient Capital (BIZ-INV-003)
Deal8 June 2021· Established firms
QinetiQ and Adarga AI partnership: major contract — Strategic AI partnership for defence and securitymajor contract · Adarga
Deal4 June 2021· Big tech in the UK
IBM Research UK: major contract £210m — Five-year partnership creating the Hartree National Centre for Digital Innovation at Daresburymajor contract · STFC Hartree Centre (UKRI)
Deal1 June 2021· Start-ups
Learning Pool: acquisition — Marlin bought out Carlyle Cardinal Irelandacquisition · Marlin Equity Partners
Deal1 June 2021· Start-ups
Modulous: funding round £5m — Funding roundfunding round · Blackhorn Ventures; CEMEX Ventures; GroundBreak Ventures
DealJune 2021· Cloud and compute
ANS (ANS Group): acquisition — Inflexion acquired ANS before the UKFast merger. Buys or funds: Ownership of ANS.acquisition · Inflexion Private Equity
Deal25 May 2021· Start-ups
Tessian: funding round US$65m (≈ £46m) — Round for AI e-mail security against social engineering.funding round · not stated in source
Deal24 May 2021· Services and skills
Faculty (services view; acquired by Accenture): funding round £30m — Growth round; Faculty had raised £40m in total.funding round · Apax Digital Fund
Deal20 May 2021· Software and tools
Causaly: funding round US$17m (≈ £12m) — Causaly raises $17m (about £12m) Series A led by Index Ventures. Buys or funds: biomedical AI research platform. Other investors: Marathon; Pentech; EBRD.funding round · Index Ventures (lead)
Deal17 May 2021· Chips and hardware
Agile Analog: funding round US$19m (≈ £13.5m) — Round with Delin Ventures, firstminute capital and MMC Venturesfunding round · OMERS Ventures
Deal13 May 2021· Chips and hardware
Alphawave Semi: listing £856m — London IPO raised £856m at an implied £3.1bn valuation; shares fell on the first day. Date taken from the article's URL.listing · London Stock Exchange
Deal11 May 2021· Start-ups
Huma (formerly Medopad): funding round US$130m (≈ £91.9m) — Round for AI and biomarker patient monitoring and research platform.funding round · not stated in source
Deal7 May 2021· Start-ups
Sharktower: funding round £400,000 — Seed round backed by Scottish Enterprisefunding round · Equity Gap
Deal5 May 2021· Software and tools
Datactics: funding round £2m — Round led by Par Equity with Kernel Capital and Clarendonfunding round · Par Equity
Deal5 May 2021· Labs
Alchemab Therapeutics: partnership — AstraZeneca and Alchemab collaborated on prostate cancer research. For: use of Alchemab platform in a prostate cancer study.partnership · AstraZeneca
Deal1 May 2021· Start-ups
Emitwise: funding round £2.2m — Seed extension taking the seed round to £4.6m for AI carbon accounting.funding round · ArcTern Ventures (lead); angels
Deal1 May 2021· Start-ups
Forecast: funding round US$19m (≈ £13.7m) — Series A for AI-assisted project and resource management software.funding round · Balderton Capital (lead); Crane Venture Partners; SEED Capital; Heartcore
Deal30 April 2021· Start-ups
Darktrace (recorded under risk): listing £165.1m — IPO at 250p; £143.4m to the company and £21.7m to selling shareholders.listing · London Stock Exchange (ticker DARK)
Deal30 April 2021· Start-ups
Darktrace (recorded under risk): listing £165.1m — Priced at 250p on 30 April 2021; unconditional dealings and admission 6 May 2021; offer about £165.1m.listing · London Stock Exchange, Main Market (premium listing), ticker DARK
Deal26 April 2021· Start-ups
tripAbrood: funding round £645,000 — Round taking total to about £1mfunding round · Ben Davey
Deal20 April 2021· Labs
Synthesia: funding round US$12.5m (≈ £9m) — Series A for AI video generation.funding round · FirstMark Capital (lead)
Deal16 April 2021· Start-ups
Oxa: funding round £10m — Ocado stake extending Oxbotica's Series B (led by bp ventures; total over $60m).funding round · Ocado
Deal15 April 2021· Labs
Alchemab Therapeutics: funding round £60m reported — Alchemab closed a £60m ($82m) Series A. For: platform for disease-modifying antibody therapeutics.funding round · null (lead not stated in text read)
Deal12 April 2021· Start-ups
Thirdfort: funding round £1.5m — Round taking total raised to £4.2mfunding round · Existing investors; Future Fund
Deal8 April 2021· Software and tools
Kleene.ai: funding round US$1.5m (≈ £1.1m) — Kleene.ai raised $1.5m led by Episode 1. Buys or funds: First round; ELT data platform, new connectors. Other investors: Superseed; angels.funding round · Episode 1
Deal18 March 2021· Labs
Antiverse: funding round £1.4m — Antiverse raises a £1.4m seed round. For: Antibody drug discovery platform. Other investors: Development Bank of Wales; Angel Co-Investment Fund; Tensor Ventures; Wren Capital; Cambridge Angels; SyndicateRoom; UKI2S.funding round · angel syndicate led by Ed Parkinson
Deal15 March 2021· Software and tools
Fetch.ai: funding round US$5m (≈ £3.6m) — Cambridge's Fetch.ai took about $5m (£3.6m) from Toronto's GDA Group. Buys or funds: R&D for decentralised machine-learning platform.funding round · GDA Group
DealMarch 2021· Cloud and compute
ExCALIBUR: grant £91,440 — ExCALIBUR hardware and enabling software leadership grant ST/W004925/1, March 2021 to March 2024.grant · STFC (funder); University of Bristol (lead)
DealMarch 2021· Cloud and compute
Bede (formerly NICE-19): gpu purchase £3.8m — N8 Tier 2 supercomputer designed, installed and maintained by OCF. Buys or funds: IBM POWER9 nodes with V100; NVIDIA T4 inference nodes. Other investors: Durham University (host); N8 Research Partnership.gpu purchase · OCF (BIZ-CLD-6001), supplier
Deal25 February 2021· Labs
Kuano: funding round — Kuano raised a pre-seed round led by the o2h human health EIS Fund. Other investors: consortium (not named).funding round · o2h human health EIS Fund
Deal17 February 2021· Start-ups
Peak: funding round US$21m (≈ £15.2m) — Series B for Manchester AI decision platform.funding round · Oxx (lead)
Deal16 February 2021· Software and tools
Matillion: funding round £72.2m — Series Dfunding round · Lightspeed Venture Partners
Deal11 February 2021· Software and tools
Solidatus: funding round £14m — Solidatus raised £14m Series A led by AlbionVC, with two of its bank clients investing. Buys or funds: Series A; data lineage software. Other investors: HSBC Ventures; Citi.funding round · AlbionVC
DealFebruary 2021· Cloud and compute
Met Office: major contract £1.20bn — Contract for an Azure-based supercomputer; phase one from 2022, threefold expansion planned for 2028.major contract · Microsoft
Deal28 January 2021· Start-ups
ETIQ: funding round £585,000 — Pre-seedfunding round · SFC Capital; Innovate UK grants
Deal11 January 2021· Start-ups
DIEM Analytics: grant — (share of £3m competition) GBP — Phase 2 funding in DASA's military AI competition.grant · Defence and Security Accelerator (DASA)
Deal11 January 2021· Start-ups
Montvieux Limited: grant — (share of £3m competition) GBP — Phase 2 funding in DASA's military AI competition.grant · Defence and Security Accelerator (DASA)
Deal11 January 2021· Start-ups
Decision Lab (decisionLab): grant — (share of £3m competition) GBP — Phase 2 funding in DASA's military AI competition.grant · Defence and Security Accelerator (DASA)
Deal8 January 2021· Start-ups
Peptone: funding round US$2.5m (≈ £1.8m) — Seed round (about £1.84m)funding round · Hoxton Ventures
Deal7 January 2021· Start-ups
Pelation Limited: grant up to 75,000 GBP — Winner: automatic analysis of cycling near misses.grant · Geospatial Commission transport innovation competition (up to £75k each)
Deal7 January 2021· Start-ups
Dynamon Limited: grant up to 75,000 GBP — Winner: AI tool to pick zero-emission vehicles.grant · Geospatial Commission transport innovation competition (up to £75k each)
Deal7 January 2021· Start-ups
Emu Analytics Limited: grant up to 75,000 GBP — Winner: AI analysis of shipping movements.grant · Geospatial Commission transport innovation competition (up to £75k each)
Deal7 January 2021· Start-ups
Openspace Group Limited: grant up to 75,000 GBP — Winner: GIS and AI for station operations at St Pancras.grant · Geospatial Commission transport innovation competition (up to £75k each)
Deal1 January 2021· Start-ups
Atom Learning: funding round US$25m (≈ £18.3m) — First outside funding after a bootstrapped startfunding round · SoftBank
Deal1 January 2021· Start-ups
Ripjar: funding round US$36.8m (≈ £27m) — Series B; total raised passed US$60mfunding round · Long Ridge Equity Partners
Deal1 January 2021· Start-ups
Babylon Health: listing — Listed on the NYSE at a reported US$4.2bn valuation (year only).listing · New York Stock Exchange
Deal1 January 2021· Start-ups
Exscientia: listing US$510m (≈ £373.7m) — IPO raising US$510m (as reported by Sifted, year only).listing · Nasdaq
Deal2021· Software and tools
BIZ-SW-5037 Causal: funding round £3.1m — Causal raised a £3.1m seed in spring 2021 (reported in 2022 article). Buys or funds: Seed. Other investors: Naval Ravikant; Scott Belsky.funding round · not stated
Deal2021· Software and tools
BIZ-SW-5038 CoLoop: funding round — CoLoop is listed in YC's Summer 2021 batch. Buys or funds: YC Summer 2021 batch.funding round · Y Combinator
Deal2021· Software and tools
Gensyn: funding round US$1.1m (≈ £805,920) — Gensyn's 2021 pre-seed of $1.1m. Buys or funds: decentralised ML compute protocol.funding round · 7percent Ventures; Counterview Capital (leads)
Deal2021· Software and tools
Cloudsmith: funding round £11m — Cloudsmith raised £11m in 2021, per a Northern Ireland investment report. Buys or funds: 60 more staff; US sales and engineering.funding round · — (not named)
Deal30 December 2020· Chips and hardware
Graphcore: funding round US$222m (≈ £163.1m) — Series E at $2.77bn valuation.funding round · Ontario Teachers' Pension Plan Board, Fidelity, Schroders, Baillie Gifford, Draper Esprit
Deal29 December 2020· Chips and hardware
Graphcore: funding round US$222m (≈ £164.5m) — Series E.funding round · Ontario Teachers' Pension Plan (lead)
Deal17 December 2020· Networks and media
Birmingham Tech: rename — Birmingham Tech Week CIC renamed Birmingham Tech CIC.rename
Deal10 December 2020· Start-ups
Cleo: funding round US$44m (≈ £33.1m) — Series B with Balderton, LocalGlobe and SBIfunding round · EQT Ventures
Deal10 December 2020· Start-ups
Papercup: funding round £8m — Round for AI voice translation.funding round · not stated in source
Deal17 November 2020· Software and tools
Seldon: funding round £7.1m — Series A for machine-learning deployment tools.funding round · AlbionVC; Cambridge Innovation Capital (co-leads)
Deal16 November 2020· Software and tools
Harbr: funding round US$38.5m (≈ £29.2m) — Harbr raised a $38.5m Series A six months after leaving stealth. Buys or funds: Series A; enterprise data exchange platform. Other investors: Mike Chalfen; Crane Venture Partners; Boldstart Ventures; Backed; Seedcamp; Daniel Dines; Brandon Deer.funding round · Dawn Capital and Tiger Global Management
Deal9 November 2020· Software and tools
Mind Foundry: funding round US$13.6m (≈ £10.3m) — Oxford spin-out Mind Foundry raised $13.6m Series A led by Japanese insurer ANDI; total raised $24.4m. Buys or funds: strategic partnership with the insurer. Other investors: Parkwalk Advisors; Oxford Sciences Innovation; University of Oxford; Oxford Technology and Innovations EIS Fund.funding round · Aioi Nissay Dowa Insurance (lead)
Deal29 October 2020· Labs
LabGenius: funding round US$15m reported (≈ £11.6m) — Atomico led a $15m extension that took LabGenius's Series A to $25m. For: Series A extension (round total $25m) for EVA platform. Other investors: Lux Capital; Obvious Ventures; Kindred Capital; Inovia Capital.funding round · Atomico
DealOctober 2020· Software and tools
Qatalog: funding round about 12,000,000 GBP — Qatalog raised nearly £12m in a Series A; total £14.7m by April 2022.funding round · not named
DealOctober 2020· Labs
Unlikely AI: funding round £1.1m — Unlikely AI raised £1.1m from 26 angels before its 2022 seed. For: angel round.funding round · — (26 angel investors)
Deal8 September 2020· Start-ups
ThoughtRiver: funding round US$10m (≈ £7.7m) — Series Afunding round · Octopus Ventures
Deal8 September 2020· Start-ups
Skin Analytics: funding round £4m — Series A for AI skin-cancer screening.funding round · not stated in source
Deal8 September 2020· Start-ups
Novoic: grant — NHS AI Award phase 1 round 1 grant for Project Rhapsody speech-based disease detection.grant · NHS AI Lab (AI in Health and Care Award, phase 1)
Deal8 September 2020· Start-ups
Mirada Medical: grant — NHS AI Award phase 1 grant for AI review of radiotherapy treatment plans.grant · NHS AI Lab (AI in Health and Care Award, phase 1)
Deal8 September 2020· Start-ups
Neuronostics: grant — Two NHS AI Award round 1 grants: smartphone EEG app (phase 1) and BioEP (phase 2).grant · NHS AI Lab (AI in Health and Care Award, phases 1 and 2)
Deal8 September 2020· Start-ups
Senti Tech: grant — NHS AI Award phase 1 grant for remote chest examination device.grant · NHS AI Lab (AI in Health and Care Award, phase 1)
Deal8 September 2020· Start-ups
Nine Health Global: grant — NHS AI Award phase 1 grant for Woubot wound-care software.grant · NHS AI Lab (AI in Health and Care Award, phase 1)
Deal8 September 2020· Start-ups
Advanced Expert Systems: grant — NHS AI Award phase 1 grant for colonoscopy prioritisation model.grant · NHS AI Lab (AI in Health and Care Award, phase 1)
Deal8 September 2020· Start-ups
Macusoft: grant — NHS AI Award phase 1 grant for eye-stability software.grant · NHS AI Lab (AI in Health and Care Award, phase 1)
Deal8 September 2020· Start-ups
Odin Vision: grant — NHS AI Award phase 2 grant for FORE-AI polyp detection project.grant · NHS AI Lab (AI in Health and Care Award, phase 2)
Deal8 September 2020· Start-ups
Xim (Lifelight): grant — NHS AI Award phase 2 grant for contactless blood pressure measurement.grant · NHS AI Lab (AI in Health and Care Award, phase 2)
Deal8 September 2020· Start-ups
Dem Dx: grant — NHS AI Award phase 2 grant for ophthalmology triage support.grant · NHS AI Lab (AI in Health and Care Award, phase 2)
Deal8 September 2020· Start-ups
BreatheOx (Albus Health): grant — NHS AI Award phase 2 grant for home asthma-monitoring device.grant · NHS AI Lab (AI in Health and Care Award, phase 2)
Deal8 September 2020· Start-ups
Ufonia: grant — NHS AI Award phase 2 grant for telephone AI assistant in cataract follow-up.grant · NHS AI Lab (AI in Health and Care Award, phase 2)
Deal8 September 2020· Start-ups
Oxford Heartbeat: grant — NHS AI Award phase 3 grant to test PreSize Neurovascular.grant · NHS AI Lab (AI in Health and Care Award, phase 3)
Deal8 September 2020· Start-ups
Kheiron Medical Technologies (now DeepHealth UK): grant — NHS AI Award round 1 phase 4 grant for Mia Mammography Intelligent Assessment.grant · NHS AI Lab (AI in Health and Care Award, round 1, phase 4)
Deal8 September 2020· Start-ups
Brainomix: grant — NHS AI Award round 1 phase 4 grant for e-Stroke Suite.grant · NHS AI Lab (AI in Health and Care Award, round 1, phase 4)
Deal8 September 2020· Start-ups
Ultromics: grant — NHS AI Award round 1 phase 4 grant for EchoGo Pro stress echo analysis.grant · NHS AI Lab (AI in Health and Care Award, round 1, phase 4)
Deal2 September 2020· Software and tools
InfoSum: funding round US$15.1m (≈ £11.4m) — InfoSum raised $15.1m in a Series A with media and data companies as strategic backers. Buys or funds: Series A; decentralised data collaboration platform. Other investors: Ascential; Akamai; Experian; ITV; AT&T's Xandr (strategic).funding round · Upfront Ventures and IA Ventures
Deal25 August 2020· Data centres
Telehouse: investment pledge not disclosed — Announcement of Telehouse South, a six-floor, 31,000 sq m building near the Docklands campus.investment pledge
Deal4 August 2020· Cloud and compute
Maxwell (University of Aberdeen HPC): gpu purchase — Aberdeen's Maxwell genomics cluster was designed, integrated and managed by OCF. Buys or funds: Maxwell HPC cluster with NVIDIA GPUs, managed by OCF. Other investors: Lenovo; NVIDIA; ThinkParQ.gpu purchase · BIZ-CLD-5004 OCF
Deal28 July 2020· Start-ups
ComplyAdvantage: funding round US$50m (≈ £38.6m) — Round for AI financial-crime detection platform and database.funding round · not stated in source
Deal23 July 2020· Start-ups
Quantexa: funding round US$64.7m (≈ £50.8m) — Series C.funding round · Evolution Equity Partners (lead)
Deal15 July 2020· Start-ups
Ravelin: funding round US$20m (≈ £15.8m) — Series C for fraud detection.funding round · not stated in source
Deal15 July 2020· Cloud and compute
ARCHER2: site opening — First phase of ARCHER2 installed at EPCC's Advanced Computing Facility. Buys or funds: First 4 of 23 cabinets installed. Other investors: UKRI; University of Edinburgh.site opening · Cray (an HPE company)
Deal8 July 2020· Start-ups
Concirrus: funding round US$6m (≈ £4.8m) — Investment after a US$20m Series B led by AlbionVCfunding round · CommerzVentures
Deal7 July 2020· Software and tools
Northflank: funding round US$2.6m (≈ £2.1m) — Northflank raised a $2.6m seed led by Kindred Ventures and Stride.VC. Buys or funds: Developer cloud platform; nine-person remote team. Other investors: Amaranthine; angels Alexis Le-Quoc (Datadog), Laurent Perrin (Frontapp), Eric Nadalin (Nexmo).funding round · Kindred Ventures; Stride.VC (leads)
Deal6 July 2020· Investors
BotsAndUs: funding round 6m USD — BotsAndUs (robots for public spaces (headline: London AI startup)) raised $6m (Equity), reported by tech.eu.funding round · Kindred Capital, Capnamic Ventures
Deal30 June 2020· Labs
PharmEnable: funding round 1,800,000 ($2.25m) GBP — PharmEnable's oversubscribed £1.8m seed round For: Seed: move to in-house drug discovery in cancer and neurodegeneration. Other investors: Martlet Capital; o2h ventures; Wren Capital; KQ Labs (Francis Crick Institute); angels incl. Jonathan Milner, Andy Richards.funding round · Cambridge Enterprise and University of Cambridge Enterprise Fund VI (Parkwalk Advisors)
DealJune 2020· Software and tools
Slamcore: funding round US$5m (≈ £4m) — Further $5M raised to meet demand from robotics makers; lead not stated.funding round
Deal27 May 2020·
Global Technical Realty (new): investment pledge US$1bn (≈ £818.5m) — KKR infrastructure set up GTR to build and buy data centres in the UK and Europe with US$1bn equity.investment pledge · KKR (BIZ-INV-303)
DealMay 2020· Software and tools
Enate: funding round £2.2m — Enate raised £2.2m from Mercia (reported in 2022 article).funding round · Mercia
Deal30 April 2020· Software and tools
Lifebit: funding round US$7.5m (≈ £5.9m) — Lifebit closed a $7.5m (£6m) Series A led by Idinvest Partners. Buys or funds: Series A; engineers and bioinformaticians. Other investors: Pentech Ventures; Beacon Capital; Connect Ventures.funding round · Idinvest Partners
Deal27 April 2020· Start-ups
Decision Lab (decisionLab): grant nearly 240,000 GBP — DASA Phase 2 funding to predict and counter cyber attacks, with DIEM Analytics and Actica.grant · Defence and Security Accelerator (DASA)
Deal27 April 2020· Start-ups
Montvieux Limited: grant nearly 250,000 GBP — DASA Phase 2 funding to predict and counter cyber attacks.grant · Defence and Security Accelerator (DASA)
Deal27 April 2020· Start-ups
DIEM Analytics: grant — (within decisionLab's ~240,000) GBP — Collaborator on decisionLab's DASA cyber-attack prediction project.grant · Defence and Security Accelerator (DASA), as collaborator with decisionLab
Deal15 April 2020· Start-ups
Onfido: funding round US$100m (≈ £80m) — Round for AI-based ID verification; up-round per chief executive.funding round · TPG Growth (lead)
Deal15 April 2020· Start-ups
BioBeats: acquisition — London-based Huma bought mental-health AI start-up BioBeats (location of BioBeats not stated in source) and TLT.acquisition · Huma (formerly Medopad)
Deal15 April 2020· Start-ups
Onfido: funding round US$100m (≈ £80m) — Series D reported as led by TPG Growth (not TCV).funding round · TPG Growth (BIZ-INV-305); Salesforce Ventures; M12
DealApril 2020· Software and tools
BIZ-SW-2014 Kluster: funding round US$1m (≈ £804,894) — Kluster raised a $1m round in April 2020 (reported in 2023 article). Buys or funds: AI sales planning software.funding round · SuperSeed; Newable Ventures (leads)
Deal10 March 2020· Software and tools
Synthesized: funding round US$2.8m (≈ £2.2m) — Seed.funding round · IQ Capital; Mundi Ventures
Deal2 March 2020· Start-ups
Sonantic: funding round €2.3m (≈ £2m) — Round for synthetic voices for games.funding round · not stated in source
Deal28 February 2020· Services and skills
Mudano (acquired by Accenture): acquisition — Accenture completed purchase of the London data and machine-learning consultancy for financial servicesacquisition · Accenture
Deal27 February 2020· Start-ups
Tractable: funding round US$25m (≈ £19.4m) — Round for AI damage assessment for insurers.funding round · not stated in source
Deal25 February 2020· Chips and hardware
Graphcore: funding round US$150m (≈ £115.2m) — Series D extension.funding round · Baillie Gifford; Mayfair Equity Partners; M&G Investments (new); existing investors
Deal24 February 2020· Start-ups
Chattermill: funding round US$8m (≈ £6.2m) — Series A for customer-feedback analytics.funding round · DN Capital (lead); Ventech; btov Partners
Deal8 February 2020· Start-ups
Scape Technologies: acquisition — Facebook acquired London computer-vision start-up, per a Companies House filing; price not disclosed (estimated about $40m).acquisition · Facebook
Deal6 February 2020· Start-ups
Oxford Heartbeat: grant £100,000 — SBRI Healthcare cardiovascular award for stent graft planning and rehearsal software.grant · SBRI Healthcare
Deal6 February 2020· Start-ups
Nelus AI: grant £99,516 — SBRI phase 1 award for AI-enabled hearing test bot.grant · SBRI Healthcare
Deal6 February 2020· Start-ups
Upstream Health (Bridgit): grant £90,023 — SBRI phase 1 award for Bridgit home support system.grant · SBRI Healthcare
Deal1 January 2020· Data centres
Vantage Data Centers (UK): acquisition — Vantage bought NGD's 180MW Welsh campus; close expected Q3 2020; terms undisclosed.acquisition · Vantage Data Centers (equity from Digital Colony investors)
Deal2020· Cloud and compute
Proximity Data Centres: debt financing £25m — Proximity took a £25m loan to fund an £80m UK roll-out. Buys or funds: £80m UK edge data centre roll-out.debt financing · lender not named
Deal13 December 2019· Software and tools
Deeptide (Atlas ML; Papers With Code): acquisition — Facebook became majority owner of Deeptide, maker of Atlas ML and custodian of Papers With Code; reported price about $40m. Company dissolved 12 Oct 2023.acquisition · Facebook
Deal26 November 2019· Software and tools
Panintelligence: funding round £4.5m — Panintelligence raised a £4.5m Series A. Buys or funds: Series A; Pi embedded analytics suite. Other investors: Comhar Capital (£1m).funding round · YFM Equity Partners (£3.5m, minority stake)
Deal21 November 2019· Start-ups
Aiden.ai: acquisition — Twitter acquired London AI marketing-analyst start-up for its paid-campaign tools.acquisition · Twitter
Deal15 November 2019· Software and tools
Snowplow: funding round £4m — Series Afunding round · MMC Ventures
Deal14 November 2019· Start-ups
Eigen Technologies: funding round US$37m (≈ £28.8m) — Round for natural-language document parsing for banks.funding round · not stated in source
Deal4 November 2019· Start-ups
Cervest: funding round £3.7m — Pre-seed for Earth Science AI climate-risk platform.funding round · Future Positive Capital (lead); Astanor Ventures
Deal29 October 2019· Software and tools
TurinTech: funding round 1,000,000+ GBP — UCL spin-out TurinTech raised over £1m seed led by IQ Capital. Buys or funds: Hiring data scientists; "Optimisation Automation" suite.funding round · IQ Capital (lead)
Deal22 October 2019· Start-ups
LabGenius: funding round US$10m (≈ £7.7m) — Round for AI protein drug discovery.funding round · not stated in source
Deal22 October 2019· Software and tools
Signal AI: funding round US$25m (≈ £19.4m) — Series C of $25M. The MMC page's timeline dates it 2018, which conflicts with the 2019 article date: check.funding round
Deal21 October 2019· Start-ups
Signal AI: funding round US$25m (≈ £19.3m) — Round for public-data market intelligence.funding round · not stated in source
Deal21 October 2019· Software and tools
Speechmatics: funding round £6.3m — Speechmatics raised a £6.35m Series A. Buys or funds: Series A; speech recognition languages. Other investors: IQ Capital; angels.funding round · AlbionVC (lead)
Deal16 October 2019· Start-ups
Healx: funding round US$56m (≈ £43.7m) — Series B for AI search for rare-disease treatments, Cambridge.funding round · Atomico
Deal24 September 2019· Software and tools
Ometria: funding round US$21m (≈ £16.8m) — Ometria raises a $21m Series B led by Octopus Ventures. Buys or funds: US expansion. Other investors: Sonae IM; Summit Action; Samos; Adjuvo; ten angels.funding round · Octopus Ventures (lead)
Deal3 September 2019· Start-ups
Elliptic: funding round US$23m (≈ £19m) — Round for crypto-risk analytics.funding round · not stated in source
Deal2 August 2019· Start-ups
Babylon Health: funding round US$550m (≈ £453.5m) — Series C for AI-based health services.funding round · PIF; ERGO Fund (Munich Re); Kinnevik; Vostok New Ventures; others (no lead named)
Deal1 August 2019· Start-ups
FNA: funding round US$5.5m (≈ £4.5m) — Series A; headline gives £4.5mfunding round · IQ Capital
Deal23 July 2019· Start-ups
Jukedeck: acquisition — Reported purchase by ByteDance, inferred from staff moves; no announcementacquisition · ByteDance
Deal18 July 2019· Start-ups
ContractPodAi: funding round US$55m (≈ £44.1m) — Series Bfunding round · Insight Partners
Deal15 July 2019· Start-ups
Optellum: funding round £3.2m — Seed follow-on round (£1m from Luminous) for AI lung-cancer diagnosis, Oxford.funding round · Luminous Ventures; IQ Capital; St John's College Oxford
Deal20 June 2019· Software and tools
Thoughtonomy: acquisition £80m — Blue Prism agreed to buy Thoughtonomy; closing expected by end of July 2019; later reported as $100m (£80m). Buys or funds: Cloud automation SaaS on Azure.acquisition · BIZ-SW-5013 Blue Prism
Deal20 June 2019· Software and tools
BIZ-SW-6001 Thoughtonomy: acquisition £80m — Blue Prism agreed to buy Thoughtonomy for £80m, closing expected by end of July 2019. Buys or funds: Azure-based virtual workforce and automation SaaS.acquisition · Blue Prism (buyer)
Deal19 June 2019· Start-ups
Humanising Autonomy: funding round US$5m (≈ £4m) — Round for pedestrian-behaviour AI for vehicles.funding round · not stated in source
Deal17 June 2019· Software and tools
Matillion: funding round US$35m (≈ £27.9m) — Matillion raised a $35m Series C, total $60m. Other investors: Sapphire Ventures; Scale Venture Partners.funding round · Battery Ventures
Deal11 June 2019· Software and tools
Privitar: funding round US$40m (≈ £31.4m) — Privitar closed a $40m Series B led by Accel; Accel's Seth Pierrepont joined the board. Buys or funds: Series B; privacy engineering products. Other investors: Partech; IQ Capital.funding round · Accel
Deal3 June 2019· Start-ups
Fabula AI: acquisition — Twitter acquired London deep-learning start-up working on misinformation detection.acquisition · Twitter
Deal25 April 2019· Labs
Synthesia: funding round US$3.1m (≈ £2.4m) — Seed financing after the David Beckham malaria video.funding round · LDV Capital (lead)
Deal16 April 2019· Start-ups
Cytora: funding round £25m — Series B for AI commercial-insurance underwriting.funding round · not stated in source
Deal11 April 2019· Start-ups
Trint: funding round US$4.5m (≈ £3.4m) — Series Afunding round · Horizons Labs (follow-on), TechNexus, The Associated Press
Deal8 April 2019· Software and tools
Simudyne: funding round US$6m (≈ £4.6m) — Simudyne closed a $6m Series A led by Barclays, taking total raised to $10m. Buys or funds: Series A; client acquisition in financial services. Other investors: Graphene Ventures; Gauss Ventures.funding round · Barclays (principal investments)
Deal8 April 2019· Software and tools
BIZ-SW-5016 Simudyne: funding round US$6m (≈ £4.6m) — Simudyne raised a $6m Series A, taking total to $10m. Buys or funds: Series A; agent-based simulation for banks. Other investors: Graphene Ventures; Gauss Ventures.funding round · Barclays (lead)
Deal3 April 2019· Start-ups
Onfido: funding round US$50m (≈ £38m) — Series C2.funding round · SBI; Salesforce Ventures (co-leads); Microsoft
Deal14 March 2019· Software and tools
Hadean: funding round £7m — Draper Esprit leads a £7m round in Hadean. Buys or funds: HadeanOS and Aether Engine. Other investors: Aster; London Venture Partners; Luminous Ventures; Entrepreneur First.funding round · Draper Esprit (lead)
Deal19 February 2019· Start-ups
SenseOn: funding round US$6.4m (≈ £4.9m) — Round for AI threat detection.funding round · not stated in source
Deal31 January 2019· Networks and media
Sifted: funding round — Sifted launched with the FT holding a 25% stake (amount not disclosed).funding round · Financial Times
Deal21 January 2019· Start-ups
Flexciton: funding round £2.5m — Seed round for AI production scheduling for factories.funding round · Backed VC (lead); Join Capital; Entrepreneur First
Deal16 January 2019· Software and tools
Seldon: funding round £2.7m — Round for machine-learning deployment platform, London.funding round · Amadeus Capital Partners (lead); Global Brain; Techstars
Deal18 December 2018· Chips and hardware
Graphcore: funding round US$200m (≈ £158.3m) — Series D.funding round · Atomico; Sofina (joint leads); BMW and Microsoft as strategic investors
Deal13 November 2018· Start-ups
Fluidly: funding round £5m — Series A for machine-learning cash-flow forecasting for small firms.funding round · Nyca Partners
Deal6 November 2018· Start-ups
Aiden.ai: funding round US$1.6m (≈ £1.2m) — Seed round for an AI marketing analyst.funding round · Partech
Deal27 September 2018· Start-ups
Darktrace (recorded under risk): funding round US$50m (≈ £38.1m) — Series E led by Vitruvian at a US$1.65bn valuation.funding round · Vitruvian Partners (BIZ-INV-302); KKR and 1011 Ventures participating
Deal26 September 2018· Start-ups
Darktrace (recorded under risk): funding round US$50m (≈ £37.9m) — Round for AI cyber-security.funding round · not stated in source
Deal21 September 2018· Software and tools
The Data Lab: investment pledge £13.5m — Scottish public funders committed up to £13.5m to The Data Lab's second phase. Buys or funds: Phase 2 from April 2019 for five years; 100+ projects; 665 MSc places.investment pledge · Scottish Funding Council; Scottish Enterprise; Scottish Government; HIE
Deal20 September 2018· Start-ups
Cleo: funding round US$10m (≈ £7.5m) — Series A for AI chatbot that gives insights into spending.funding round · Balderton Capital
Deal11 September 2018· Start-ups
Ravelin: funding round £8m — Series B for machine-learning e-commerce fraud detection.funding round · not stated in source
DealSeptember 2018· Software and tools
Slamcore: funding round US$5m (≈ £3.8m) — Seed round backed by MMC.funding round · MMC Ventures
Deal31 August 2018· Start-ups
Jacquard (formerly Phrasee): funding round US$4m (≈ £3.1m) — Series A with Next Fifteen and Galvanise Capitalfunding round · Albion Capital
Deal1 August 2018· Software and tools
Hazy: funding round US$1.8m (≈ £1.4m) — Hazy raised $1.8m seed, total seed $2.8m. Buys or funds: Seed. Other investors: Nationwide Building Society; Pentland; Amadeus Capital Partners; AI Seed.funding round · UCL Technology Fund
Deal20 July 2018· Software and tools
Lifebit: funding round US$3m (≈ £2.3m) — Lifebit raised a $3m (£2.25m) seed round. Buys or funds: Seed; Deploit genomic analysis platform. Other investors: Beacon Capital; Tiny VC (AngelList).funding round · Pentech and Connect Ventures
Deal3 July 2018· Start-ups
Bloomsbury AI: acquisition — Facebook acquired London natural-language question-answering team; reported price $23m–$30m, not confirmed.acquisition · Facebook
Deal29 June 2018· Software and tools
Privitar: government contract — NHS Digital chose Privitar software for one consistent way to de-identify patient data. Buys or funds: De-ID system for de-identifying patient records.government contract · NHS Digital
Deal21 June 2018· Established firms
Marks and Spencer Group: major contract — Strategic partnership to use AI in retail.major contract · Microsoft
Deal20 June 2018· Start-ups
Beamery: funding round US$28m (≈ £21.3m) — Series B for talent CRM.funding round · not stated in source
Deal18 June 2018· Start-ups
Tessian: funding round US$13m (≈ £9.8m) — Round for AI e-mail security.funding round · Balderton Capital; Accel (co-leads)
Deal11 June 2018· Software and tools
Eigen Technologies: funding round £13m — Eigen raised a £13m ($17.5m) Series A co-led by Goldman Sachs and Temasek. Buys or funds: London and New York operations, Asia and Americas, R&D in document AI.funding round · Goldman Sachs Principal Strategic Investments; Temasek (co-leads)
Deal7 June 2018· Start-ups
CloudNC: funding round £9m — Series A for software that automates programming of CNC milling machines.funding round · Atomico
Deal3 May 2018· Start-ups
Cognism: funding round £2m — £2m round for London sales-intelligence AI firm.funding round · South Central Ventures (lead); SFC, London Co-Investment Fund, Newable Private Investing
Deal2 May 2018· Start-ups
Cera: funding round US$17m (≈ £12.5m) — Series A for homecare services company building AI decision support.funding round · not stated in source
Deal2 May 2018· Software and tools
Hazy: funding round US$1m (≈ £735,348) — Hazy won $1m from Microsoft's M12 Innovate AI award. Buys or funds: Innovate AI award; plus $500,000 Azure credits over three years.funding round · M12 (Microsoft)
Deal25 April 2018· Software and tools
Natterbox: funding round £5m — Natterbox raised a £5m Series A from Octopus Investments. Buys or funds: Series A; expansion to North America and the Nordics.funding round · Octopus Investments
Deal18 April 2018· Start-ups
BenevolentAI: funding round US$115m (≈ £80.8m) — Round for AI drug discovery.funding round · Woodford Investment Management; family offices and strategic backers
Deal22 March 2018· Software and tools
Matillion: funding round US$20m (≈ £14.2m) — Matillion raised a $20m Series B, total over $26m. Other investors: Scale Venture Partners; YFM Equity Partners.funding round · Sapphire Ventures
Deal15 March 2018· Software and tools
Blue Vision Labs: funding round US$14.5m (≈ £10.4m) — Blue Vision Labs raised a $14.5m (£10.37m) Series A; total $17m. Buys or funds: Series A; collaborative AR cloud platform. Other investors: Accel; Horizons Ventures; SV Angel; others.funding round · GV (lead)
Deal7 February 2018· Software and tools
Rainbird: partnership — Rainbird was selected for Tech City UK's Upscale 3.0 programme. Buys or funds: Six-month scale-up programme.partnership · Tech City UK (Upscale 3.0 programme)
Deal2 February 2018· Start-ups
Factmata: funding round US$1m (≈ £707,965) — Seed round closedfunding round · Biz Stone, Craig Newmark and others
Deal29 January 2018· Software and tools
Duco: funding round US$28m (≈ £19.9m) — Duco closed a $28m Series C. Buys or funds: Series C; Europe and US headcount. Other investors: NEX Opportunities; Eight Road Ventures; Cristobal Conde.funding round · Insight Venture Partners (listed first)
Deal12 January 2018· Software and tools
Hazy: funding round £340,000 — Anon AI, later Hazy, raised £340,000 pre-seed. Buys or funds: Pre-seed; data anonymisation software. Other investors: London Co-Invested Fund; AI Seed; Ascension Ventures.funding round · UCL Technology Fund
Deal7 December 2017· Start-ups
Chattermill: funding round £600,000 — Seed round for deep-learning analysis of customer feedback.funding round · Entrepreneur First; Avonmore Developments; angels
Deal1 December 2017· Start-ups
MindTrace: funding round £1.3m — Initial funding for self-learning AIfunding round · Accelerated Digital Ventures; NPIF – Mercia Equity Finance
Deal24 November 2017· Labs
LabGenius: funding round US$3.7m reported (≈ £2.7m) — LabGenius raised a $3.66m seed round. For: London R&D centre and EVA evolution engine. Other investors: Berggruen Holdings; Backed VC; Beast Ventures; System.One; Charlie Songhurst; Tom McInerney.funding round · Kindred Capital; Acequia Capital (co-leads)
Deal20 November 2017· Start-ups
Twizoo: acquisition — Skyscanner bought London user-generated-content business Twizoo; team moved to Skyscanner's London office.acquisition · Skyscanner
Deal16 November 2017· Cloud and compute
JADE (Joint Academic Data science Endeavour): grant £3m — EPSRC-funded deep-learning system of 22 Nvidia DGX-1 servers at the Hartree Centre.grant · EPSRC (funder); Atos (supplier)
Deal13 November 2017· Chips and hardware
Graphcore: funding round US$50m (≈ £38.1m) — Round (no series letter in source) for Bristol AI chip maker; followed a $30m Series B led by Atomico in July 2017.funding round · Sequoia Capital (lead)
Deal3 November 2017· Chips and hardware
Imagination Technologies: acquisition £550m — China-backed private-equity firm completed purchase at 182p a share (agreed September 2017).acquisition · Canyon Bridge Capital Partners (BIZ-INV-307)
Deal3 November 2017· Chips and hardware
Imagination Technologies: delisting — Shares delisted on completion of the Canyon Bridge purchase.delisting · London Stock Exchange
Deal11 October 2017· Software and tools
Ometria: funding round US$6m (≈ £4.5m) — Ometria raises a $6m (£4.5m) Series A led by Summit Action. Buys or funds: AI customer marketing platform; total raised $11m. Other investors: Sonae IM; Samos Investments; Adjuvo; Lance Batchelor; Alan Parker; Matt Cooper.funding round · Summit Action (lead)
Deal9 October 2017·
VIRTUS Data Centres (new): acquisition — STT GDC moved from 49% to full ownership of the London data-centre operator; price undisclosed.acquisition · ST Telemedia Global Data Centres; seller Brockton Capital
Deal5 October 2017· Data centres
VIRTUS Data Centres: acquisition not disclosed — STT GDC bought Brockton Capital's holding, making VIRTUS its subsidiary.acquisition · ST Telemedia Global Data Centres (buyer); Brockton Capital (seller)
Deal27 September 2017· Start-ups
Onfido: funding round US$30m (≈ £22.4m) — Round for AI-based identity verification.funding round · Crane Venture Partners (lead)
Deal11 September 2017· Software and tools
InfoSum: funding round US$5m (≈ £3.8m) — Basingstoke's InfoSum topped up its seed round by $5m, taking its total to $8m. Buys or funds: Seed top-up; senior team and first products. Other investors: LocalGlobe; Mosaic Ventures.funding round · Upfront Ventures; IA Ventures (existing)
Deal5 September 2017· Start-ups
Five AI: funding round £26.8m — Series A in two tranches (£14m and £12.8m) for self-driving software, Cambridge.funding round · Lakestar Capital (lead)
Deal26 July 2017· Start-ups
Cleo: funding round £2m — Seed round for chatbot that replaces banking apps.funding round · LocalGlobe (lead)
Deal20 July 2017· Software and tools
Receipt Bank: funding round US$50m (≈ £38.5m) — Receipt Bank raised a $50m (£38.4m) Series B, taking its total to $65m. Buys or funds: Series B; proprietary bookkeeping automation technology.funding round · Insight Venture Partners
Deal11 July 2017· Start-ups
Darktrace (recorded under risk): funding round US$75m (≈ £58.4m) — Round for AI cyber-security.funding round · not stated in source
Deal27 June 2017· Software and tools
Diffblue: funding round US$22m (≈ £17.2m) — Oxford University spin-out Diffblue raised a $22m Series A led by Goldman Sachs. Buys or funds: AI tools that find bugs and write unit tests. Other investors: Oxford Sciences Innovation; Oxford Technology and Innovations Fund.funding round · Goldman Sachs Principal Strategic Investments (lead)
Deal8 June 2017· Start-ups
Trint: funding round US$3.1m (≈ £2.4m) — Pre-Series Afunding round · Horizons Labs
Deal8 May 2017· Software and tools
Hadean: funding round US$2.6m (≈ £2m) — Hadean closes a $2.6m round led by White Cloud Capital (headline only). Buys or funds: cloud operating system.funding round · White Cloud Capital (lead)
Deal25 April 2017· Start-ups
Babylon Health: funding round US$60m (≈ £46.8m) — Round to build out AI doctor app.funding round · not stated in source
Deal11 April 2017· Start-ups
Beamery: funding round US$5m (≈ £4m) — Series A for recruitment CRM.funding round · Index Ventures (lead)
Deal3 April 2017· Software and tools
Cortexica: funding round £2m — Cortexica raised £2m from existing investor Touchstone Innovations (formerly Imperial Innovations). Buys or funds: Visual search AI.funding round · Touchstone Innovations
Deal2 February 2017· Start-ups
AutoTrip: grant £137,444 — Grant (total cost £196,349) for Non-Intrusive Vehicle Monitoring System NiVMS.grant · Innovate UK / CCAV CAV2 Stream 3 feasibility studies
Deal2 February 2017· Start-ups
CGA Simulation Ltd: grant £137,284 — Grant (total cost £196,120) to use machine learning and AI for mobility-as-a-service costing.grant · Innovate UK / CCAV CAV2 Stream 3 feasibility studies
Deal2 February 2017· Start-ups
Oxa: grant £121,947 — Grant (total cost £174,210) for Anytime, Anywhere Low Cost Localisation.grant · Innovate UK / CCAV CAV2 Stream 3 feasibility studies
Deal2 February 2017· Start-ups
Oxa: grant £122,728 — Grant (total cost £175,325) for Vote3Deep real-time object detection.grant · Innovate UK / CCAV CAV2 Stream 3 feasibility studies
Deal2 February 2017· Start-ups
Aurrigo: grant £90,902 — Grant (total cost £129,860) for the Cambridge Autonomous Bus System feasibility study.grant · Innovate UK / CCAV CAV2 Stream 3 feasibility studies
Deal2017· Software and tools
Connex One: funding round £9.1m — Connex One sold £9.1m of shares to private equity firm Belerion Capital. Buys or funds: Share sale.funding round · Belerion Capital
Deal1 December 2015· Data centres
VIRTUS Data Centres: acquisition not disclosed — VIRTUS bought the company running Infinity's Slough data centre, renamed LONDON4; VIRTUS said capacity more than doubled to about 35MW.acquisition · Infinity SDC Limited (seller)
Deal1 October 2015· Software and tools
Ometria: funding round US$2.5m — Ometria closes a $2.5m round (headline only). Buys or funds: ecommerce marketing software.funding round · — (not named)
Deal19 March 2015· Cloud and compute
Crown Hosting Data Centres: partnership — Government and Ark formed Crown Hosting Data Centres, government keeping 25%. Buys or funds: Joint venture for government data centre hosting; savings up to £105m. Other investors: Ark Data Centres (BIZ-DC-020), 75%.partnership · Cabinet Office
Deal22 September 2014· Software and tools
Ometria: funding round US$500,000 — Ometria raises $500k (headline only). Buys or funds: ecommerce marketing software.funding round · — (not named)
Deal11 October 2013· Safety
Chatterbox Labs: rename — Chatterbox Analytics Ltd renamed Chatterbox Labs Ltdrename
No items match.