Artificial Intelligence

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.

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.

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,.

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.

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,.

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.

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.

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.

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.

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.