UK may ban social media for children under 16
The U.K. seems to be following Australia’s lead in banning a wide swath of social media for teens.
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London Tech Week 2026: the AI billions, the US build-out, and a royal first
London Tech Week wrapped its 12th edition this week, after three days of main-stage programming at Olympia from 8 to 10 June, with fringe events running across the city through Friday. The festival drew more than 30,000 people from over 130 countries, with 600-plus speakers. One theme swallowed the rest: AI featured in roughly half […]
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Thena Capital closes a £45M fund to back UK medtech, a first for an all-female GP team
Thena Capital has closed its first fund at £45m ($60.4m), the London venture firm announced this week, after a £27m first close in March 2025. The fund backs early-stage British medical-technology companies, and it is now fully closed. The milestone is not only the money. Thena is the first all-female general partner team to win […]
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The UK is about to ban under-16s from social media. Its own child-safety charities are worried.
A UK under-16 social media ban, for years a fringe idea, is now days from becoming government policy. Ministers are expected to outline the plan to Parliament on Monday, ahead of the 18 June Makerfield by-election, according to POLITICO, which cited people familiar with discussions inside the Department for Science, Innovation and Technology and No. […]
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Irish fleet-safety firm CameraMatics raises up to €49M to take on Samsara in the US
An Irish company that uses AI to stop crashes before drivers see them coming has raised up to €49m to expand in North America and Europe. CameraMatics, founded in Dublin in 2016, makes a video-telematics platform for commercial fleets. Its cameras and software watch the road and the cab at the same time. The system […]
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Germany’s Vsquared is taking on Atomico and Balderton on their London home turf
One of Europe’s oldest deep-tech specialists is opening a London office, and pitching it as a fresh expansion into new territory. Companies House tells a slightly different story. Vsquared Ventures, founded in Munich and known for raising one of Europe’s largest early-stage deep-tech funds, quietly incorporated its UK entity back in October 2024, some 18 […]
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Capsa AI raises $18M to build the ‘AI operating system’ for private equity
Capsa AI, a London and New York startup building what it calls an “AI operating system” for private capital, has raised $18M in Series A funding. The round was co-led by TX Ventures and Pivot Investment Partners, with participation from Bek Ventures, and takes the company’s total raised to $20M. Every existing institutional backer reinvested, […]
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The ECB moved to rein in Revolut’s ‘self-guided missiles’, just as a share sale values it at $115bn
The European Central Bank quietly moved to rein in Revolut last year, restricting Europe’s most valuable fintech from launching new products across the European Economic Area over concerns about how fast it approved them, the Financial Times reported on Wednesday. The intervention had not been disclosed before. The ECB paused Revolut’s European arm from releasing […]
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Amazon’s UK investment passes £1bn in Northamptonshire with 4,000 jobs, and a floor full of robots
Amazon is deepening its UK investment, putting more than £1bn into two sites in Northamptonshire and adding over 4,000 jobs in one of the largest single-county commitments of its £40bn UK programme. The company has opened a £500M fulfilment centre in Northampton and confirmed a second £500M facility in nearby Kettering, due to open this […]
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Cambridge Aerospace is in talks to raise $300M at a $3.5bn valuation, almost nine times its worth a year ago
Cambridge Aerospace, a British defence-technology startup building systems to shoot down drones and cruise missiles, is in talks to raise around $300M at a valuation of about $3.5bn, according to a Bloomberg report citing people familiar with the matter. Venture firm DFJ Growth is in talks to lead the round, the people said. The financing […]
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