The landscape for artificial intelligence startups is rapidly evolving, with recent developments highlighting both obstacles and opportunities. Mira Murati, the chief executive of Thinking Machines, a newly established AI company,
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Anthropic, the artificial intelligence start-up founded by former OpenAI employees, is reportedly planning to raise $10 billion at a $350 billion valuation. This valuation represents a doubling of the company’s
Multiverse, the technology apprenticeship platform founded by Euan Blair in 2016, has disclosed widening losses of £63.3m for the year ending March 2025, up from £60.6m the previous year. The
Nothing, the British smartphone manufacturer founded in 2020, has declined to commit to a London Stock Exchange listing despite government efforts to revitalise the UK’s flagging public markets. The company,
ScrubMarine, a maritime robotics startup headquartered in the United Kingdom and led by 22-year-old Rohith Devanathan, has raised over £750,000 in venture funding to advance the development of its autonomous
A fund focused on supporting British software startup founders has drawn significant interest from American investors just two years after its inception. Concept Ventures, the early-stage venture capital fund, has
The UK is being urged to channel more domestic pension fund investment into its strongest technology scale-ups, with leading industry voices highlighting the substantial opportunity for long-term growth and national
UK Pension Funds Must Recognise Private Company Investment Goldmine Says British Business Bank Chief
The chief executive of Britain’s state economic development agency has issued a stark warning to UK pension funds, emphasising they risk overlooding a significant “goldmine of opportunity” within private British
US-based fitness tracking platform Strava has acquired London-based running coaching application Runna for an undisclosed sum, marking its first UK acquisition. The deal is expected to deliver a substantial 30-fold
The Russian invasion of Ukraine has fundamentally altered the investment landscape for venture capitalists, as they increasingly view the defence sector as both ethically responsible and necessary for national security.
Shareholders in the UK’s largest venture capital trust, Octopus Titan, have expressed outrage over £162 million in fees received by its management during a period of disappointing performance. Investors have
US technology mogul Larry Ellison has significantly increased his shareholding in Oxford Nanopore Technologies, emerging as one of the company’s most substantial investors through his Californian investment vehicle, EIT Oxford
A groundbreaking series A funding round has positioned London-based Verdiva Bio at the forefront of the obesity treatment sector, securing an impressive $411 million investment. This remarkable achievement stands as
San Francisco-based AI powerhouse Anthropic is on the verge of securing a $2bn investment, propelling the company’s valuation to an impressive $60bn. The deal, which would effectively triple the organisation’s
Wall Street’s investment banking community is preparing for a significant revival in initial public offerings (IPOs) as private equity organisations look to capitalise on the robust US equities markets to
A pioneering mining and artificial intelligence startup, backed by tech billionaires Bill Gates and Jeff Bezos, has secured an impressive £537 million in its latest funding round, propelling the company’s
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