China ties force co-founder exit at UK AI startup Fractile Tech Co-founder of British AI chip startup Fractile left the company after concerns were raised internally about his links to China amid growing scrutiny of national security risks across the UK’s strategic tech sector. Yuhang Song, Fractile’s former chief technology officer, departed the business in May 2024 following questions over his academic background and earlier ties [...]
Motorway CEO: How I built my $1bn empire after a huge failure Tech The co-founder and chief executive of used car marketplace Motorway has opened up about how he helped to build a $1bn empire from scratch following the biggest failure of his career. On an up-coming episode of City AM’s Boardroom Uncovered show, Tom Leathes also revealed how he and his fellow founders landed on the car [...]
Exclusive: KMPG renews search for UK’s top tech scale-ups Tech Professional services giant KMPG has launched its annual competition to identify and support the UK’s most innovative scale-ups, as the sector navigates a challenging investment landscape. Now in its 12th year, the competition has served as a launchpad for a diverse range of startups – from healthtech pioneers to AI disruptors. Previous finalists include notable [...]
London is a tech superpower – so why don’t we act like it? April 15, 2025 London is a tech superpower, but gloomy commentators hate to acknowledge it. It's time to start backing ourselves, writes Adam French.
MintStars: ‘Ethical’ OnlyFans rival more than doubles in value March 25, 2025 MintStars, a start-up launched as an ‘ethical alternative’ to OnlyFans, more than doubled in value during its latest financial year, it has been revealed. The challenger was established by Jessica Van Meir and Daniel Sargent, who serves as its chief executive, in 2022. In an interview with City AM last year, Van Meir said the [...]
Plans worth £200m revealed by Imperial College London and Bruntwood SciTech November 20, 2024 Imperial College London is to build a life sciences and deep tech development worth over £200m in the west of the capital after partnering with Bruntwood SciTech. The university has earmarked land at its White City Deep Tech Campus after signing an agreement with the joint venture between property group Bruntwood, Legal & General and [...]
Designmynight founders raise £5m for new tech venture August 15, 2024 The founders of hospitality booking platform Designmynight have raised $6.35m (£4.9m) for their new tech venture. Nick Telson-Sillett and Andrew Webster, who scaled Designmynight and sold it for £25m in 2017, have raised the capital for new digital sales platform Trumpet, alongside co-founder and chief executive Rory Sadler. The seed funding round led by London-based AlbionVC, which [...]