Artificial Intelligence

Artificial Intelligence

IQ Capital secures £320m to invest in deep tech startups

Deep tech-focused VC firm IQ Capital has secured $400m (£320m) across two funds to continue investing in the sector. London and Cambridge-based IQ Capital achieved a final close of $200m.

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Artificial Intelligence

Chip-shape? Assessing the UK’s long-awaited semiconductor strategy

Following mounting pressure from the UK tech and manufacturing industries, the government finally released its long-awaited national semiconductor strategy in May, dedicating £1bn to safeguarding chip supply chains and driving.

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Artificial Intelligence

Talis Capital closes £81m for early-stage fund

Venture capital firm Talis Capital has closed $100m (£80.9m) out of a target of $175m (£141.7m) for its third and largest fund. The investor will carry on backing tech infrastructure,.

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Artificial Intelligence

Chancellor reveals £650m life science funding

Chancellor Jeremy Hunt has announced a £650m funding package for the UK’s life sciences ecosystem. The life science funding will see £250m allocated to encourage investment in science and tech.

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Artificial Intelligence

Satellite Vu adds £13m to Series A ahead of launch

Molten Ventures is leading a £12.7m Series A extension round into Satellite Vu ahead of its first launch next month. The firm plans to provide energy monitoring services for equipment,.

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Artificial Intelligence

Virgin Orbit assets sold to rivals for £29m

Richard Branson’s Virgin Orbit has shut down following the sale of its assets to rival companies for $36m (£29m). The sale is a fraction of the $3.7bn the company was.

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Artificial Intelligence

Mitsubishi backs PharmEnable in £6m pre-Series A

Drug discovery startup PharmEnable has secured $7.5m (£6m) in a pre-Series A raise led by Mitsubishi Tanabe Pharma Group’s venture capital division, MP Healthcare. The Cambridge-based biotech has developed an.

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Artificial Intelligence

Semiconductor strategy funding ‘disappointing’, says UK tech industry

Tech industry stakeholders have described the £1bn funding behind the UK’s long-awaited semiconductor strategy as “disappointing” when compared to other nations. This morning the government revealed a plan to boost.

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Artificial Intelligence

UK unveils £1bn semiconductor strategy

The UK government has unveiled its long-awaited semiconductor strategy, which will provide funding of up to £1bn over the next 10 years in a bid to boost the country’s microchip.

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Artificial Intelligence

Aviation regulator issues 343 licences to UK space companies

The aviation regulator has issued 343 licences to UK space companies since 2021, with 18 being awarded last week in a sign of the sector’s growth. There are also another.

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