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UK startups predict difficult times ahead following EU tech funding freeze

E-commerce

EXCLUSIVE: Suffolk-based SaveMoneyCutCarbon raises £2.2m

Investments

Shipping software provider Shipamax raises $2.5m in Seed funding

Press Releases

Okappy announces the launch of its investment pitch on the AngelsDen equity crowdfunding platform
Recruitment disruptor talent.io poised for further growth with €8m investment secured
London tech startup Spoon Guru partners with Tesco to power food searches for consumers with specific dietary needs

research

KPMG Venture Pulse report Q1 2017

KPMG report predicts increased investment in UK blockchain, AI and IoT startups
posted on April 11, 2017

Investor sentiment appears positive despite UK PM Theresa May triggering Article 50, with expectations of increased levels of activity set to take place across sectors such as AI, IoT and blockchain.

Girl robot

AI ‘could render 250,000 public sector workers unemployed’
posted on February 6, 2017

Almost half a million public sector workers could stand to lose their jobs to robots over the next 15 years.

microsoft

Microsoft research: 33% of financial services incumbents fear sector disruptors
posted on October 31, 2016

Half of UK business leaders think their industries will face significant digital disruption within the next two years, according to new research published by Microsoft today.

all time high

Corporate VC-backed UK tech deals ‘reached an all-time high’ in Q2 2016
posted on August 10, 2016

UK deals with corporate venture capital participation reached an all-time high in Q2 of 2016, according to a new report.

research

Brexit ’caused over 40% fall’ in UK VC investment in Q2 2016
posted on July 19, 2016

UK venture capital investment fell more than 40% from Q1 2016 partly as a result of Brexit. According to CB Insights and KPMG Venture Pulse report Q2 2016, uncertainty around the Brexit referendum contributed to the decline in VC investment over the quarter. Many investors, the report adds, refrained from making investments, instead taking a…

research

UK lagging in terms of readiness to compete in digital economy, research says
posted on July 19, 2016

Failure to invest in digital skills could hamper the UK’s ability to compete economically on the world stage, according to research released by Barclays. The Barclays Digital Development Index, which is based on the results of a survey of nearly 10,000 people, found that the UK came fourth in terms of readiness to compete in…

growth

Lack of funding and talent ‘preventing UK tech industry growth’
posted on June 14, 2016

Only 50% of UK business leaders feel appropriate funding is accessible and only one third has any appetite for borrowing when compared to three months ago, according to the quarterly Enterprise Index by Smith & Williamson. The investment management, accountancy and tax group’s research suggests the desire and ability to scale up a business is…

Uk government cybersecurity

Two thirds of firms suffered cyber breaches in the last year, says UK government
posted on May 9, 2016

Two thirds of large businesses experienced a cyber breach or attack in the past year, according to new government research. The research also showed that the most common attacks detected involved viruses, spyware or malware, which could have been prevented using the Government’s Cyber Essentials Scheme. Additionally, the Cybersecurity Breaches Survey found that while one…

startup growth

Number of new UK startups increased 4.6% in 2015
posted on January 13, 2016

Startup formation in the UK increased by 4.6% last year, with 608,100 new businesses started in 2015 in comparison to 581,173 created in 2014. According to Companies House Data analysed by the Centre for Entrepreneurs (CFE), 2015 had the highest number of new incorporations on record, signalling a potential cultural shift towards entrepreneuralism. Luke Johnson, chairman at…

Data breaches could cost UK businesses £20bn
posted on June 25, 2015

Mid-sized and large businesses could be in line for fines totalling £20bn if they fail to protect their customers from data breaches, research from Experian has revealed. Companies that suffer a breach could face serious financial consequences once new data protection regulations are fully introduced across EU member states. Data breaches are increasingly frequent and,…

Prominence of female angels doubles since 2003
posted on November 10, 2014

Tech may still appear to be a man’s world, but the percentage of female angel investors has more than doubled since 2003. A new piece of research released today has revealed that 12% of angels investors in the UK are female. In a similar survey in 2003, only 5% of respondents were female. Female vs male…

Imperial and KPMG back £20m big data partnership
posted on July 16, 2014

KPMG and Imperial College have announced a new partnership to make the UK a world leader in data science. The professional services firm will invest £20m into the partnership to create the ‘KPMG Centre for Advanced Business Analytics‘ which will develop new tools and methods for big data analysis. It is hoped the centre will give…

Editor's picks

Theresa May

UK startups predict difficult times ahead following EU tech funding freeze
posted 11 hours ago

savemoneycutcarbon

EXCLUSIVE: Suffolk-based SaveMoneyCutCarbon raises £2.2m
posted 12 hours ago

shipamax

Shipping software provider Shipamax raises $2.5m in Seed funding
posted 17 hours ago

MortgageGym

London-based robo-adviser MortgageGym raises £2m Seed
posted 17 hours ago

tech startup AI

AI and IP: What you need to know
posted on May 21, 2017

Top tech stats

Top tech stats: Entrepreneurial confidence, VR headsets and much more
posted on May 20, 2017