Tech Weekly: Tech Nation CEO on UK fintech success, and Klarna focus on profits May 27, 2022 Today City A.M. reporter Charlie Conchie talks to Tech Nation CEO Gerard Grech for a chat about the company’s Impact Report, which assesses how it has helped shape leading tech firms. They also discuss the UK’s place as a fintech hub, and the potential slowdown of VC investment in fintech later this year. He also [...]
Tech Week Day Three: Mitigating the risks of AI while exploiting its potential for jobs and society June 14, 2023 Of all the hot topics discussed at another balmy day at London Tech Week, one stood out feverishly from the rest – artificial intelligence, and how it will impact global economies. Around the world, governments are racing to get to grips with AI and establish effective strategies to regulate it. Today, lawmakers in the European [...]
London based IQ Capital raises $400m to fuel ‘deep tech’ AI and robotics startups June 5, 2023 London-based venture investor IQ Capital has bagged $400m across two funds today as it looks to ramp up its investment in ‘deep tech’ start-ups across areas including artificial intelligence (AI) and robotics.
Ex-Barclays boss: New tech and social media have power to ‘turbocharge’ bank runs May 4, 2023 New technologies and social media have the power to “turbocharge” bank runs, former Barclays boss Antony Jenkins has said, commenting on the collapse of Silicon Valley Bank (SVB). Speaking to City A.M., Jenkins said “technology is a wonderful thing” that has drastically improved the experience for financial services customers in many different ways. But while [...]
Molten Ventures tech portfolio slumps nearly £200m – but it’s not all doom and gloom April 27, 2023 Listed venture vehicle Molten said the value of its holdings had slumped by more than £200m in the year to the end of March as high-growth tech firms are buffeted by an economic downturn.
It’s a great time to be alive in the London tech scene for new early-stage start-ups June 8, 2023 The picture for tech this year is mixed: established start-ups might struggle a bit, while early-stage start-ups have the potential to shine - especially those operating in London, writes Kevin Chong
Qatari’s £4bn climate tech plans shows UK’s appeal – but there’s more to do, think tank warns September 11, 2023 A £4bn Qatari splurge on UK climate tech could boost the UK’s green ambitions, but Sunak must get the policy right, a think tank has warned.
Arm’s IPO won’t save us from the ‘valley of death’ Britain’s tech scene is facing September 19, 2023 Last week, Arm’s return to the stock market with a $54.5bn valuation ignited a wave of optimism in the UK tech community. Heralded as the biggest initial public offering (IPO) of the year, the British chipmaker’s listing on the NASDAQ generated hopeful whispers that the IPO drought may finally be coming to an end. Since [...]
UK sets aside £80m for state-of-the-art tech hub December 14, 2022 The UK government has put aside £80m to build a state of the art telecommunications lab. The lab in Solihull, West Midlands, is part of a £110m investment by the government to work with industry and improve British telecommunications. Along with working on network resilience, the lab will also focus on improving cyber security. The [...]
Female tech founders bag £3.6bn despite wider investment slump March 8, 2023 Venture capital investment into tech firms founded by women jumped last year despite soaring inflation and volatility sparking a slowdown in funding across the sector, new figures reveal. Female founders shrugged off the downturn that hit the UK’s tech sector last year and bagged some £3.6bn of VC, up from £2.9bn the previous year, according [...]