Wayve: London robotaxis will make passengers forget there’s no driver Tech Wayve believes Londoners will stop noticing they are sitting in driverless cars within minutes of using them, as the British AI startup prepares to launch autonomous vehicles on Uber’s network in the capital. Kaity Fischer, Wayve’s vice president of commercial and operations, said the company expected passengers to move quickly from novelty to habit once [...]
Revolut, Wayve and Elevenlabs join European tech sovereignty push Tech The founders behind some of Europe’s biggest technology success stories, including Revolut, Wayve and ElevenLabs, have launched a new push for European tech sovereignty as the continent seeks to build homegrown rivals to Silicon Valley. More than 100 startup founders and chief executives have joined a new ‘built in Europe’ campaign spearheaded by venture capital [...]
Carbon-cutting shipping executive wins Veuve Cliquot’s Bold Future award Business Sustainable shipping boss, Alisha Fredriksson, shared that she hasn’t been without challenges when it comes to earning support in a ‘male dominated industry.’ Despite launching a one of a kind, innovative business that garnered over £8m in funding and grants, she hasn’t been without challenges when it comes to earning support in the world of [...]
UK AI investment hits record £8.3bn as London tightens grip on tech boom May 18, 2026 Britain’s AI sector pulled in a record £8.3bn of investment last year, as global investors raced to back the country’s next generation of AI firms, with London tightening its grip as Europe’s leading tech hub. New research from Barclays Eagle Labs found funding into UK AI companies surged in 2025 after a sluggish period for [...]
Antler bets on the UK’s next generation of founders with its London-based residency April 21, 2026 Antler’s latest London residency opened this week with 80 founders in a single room, selected from roughly 10,000 applicants, each receiving a £500,000 commitment to build a company from scratch over eight weeks. Fewer than one in a hundred applicants make it through the selection process, which the early-stage investor weights heavily towards individual character, [...]
London AI security startup raises $15m as threats rise March 9, 2026 A London startup building AI tools to help protect critical infrastructure and public venues has raised $15m (£11.8m) in funding as governments across Europe step up security measures. Augur said the seed round was led by Plural, with participation from First Kind, SNR, Flix and Tiny VC. The company’s platform connects with existing cameras and [...]
Mastercard issues winding up petition against London fintech Guavapay December 26, 2025 Hundreds of jobs could be at risk as London fintech Guavapay faces a winding up petition from payments giant Mastercard over unpaid sums, City AM can reveal. The firm, which employs more than 500 staff and manages cross-border money transfers for individuals and businesses, was issued the notice on Christmas Eve, according to court filings [...]
Relief for fintech startups as government plans new short-term FCA licences December 4, 2025 Fintech startups could be about to start trading much sooner after the government signalled plans to issue temporary licences in advance of getting full accreditation. Startups often suffer delays of months or even over a year as they wait for regulators at the Financial Conduct Authority (FCA) to grant them authorisation, during which they burn [...]
Imperial College and Thomson Reuters bring AI lab to London December 2, 2025 London is staking its claim as a world-leading hub for AI research with the announcement of a new Frontier AI Lab, a partnership between Imperial College London and Thomson Reuters. The lab promises to bring cutting-edge AI development, until now largely the preserve of a handful of tech giants, to the heart of Britain’s capital. [...]
Budget: Blow to investors and startups ‘hidden’ in small print November 26, 2025 A blow to investors and early-stage businesses has been revealed in the small print of Rachel Reeves‘ Budget. The tax relief available on venture capital trusts has been slashed, according to the full Budget document released by the Treasury following Reeves’s speech in the House of Commons. While the venture capital trusts’ annual and lifetime [...]