London Tech Week day 4: Why deeptech will define the UK’s economic future Opinion On day 4 of London Tech Week attention turned to deeptech, writes Russ Shaw In the second half of London Tech Week, the focus shifted from the strengths of London today to the promise of tomorrow. Today I had the pleasure of visiting the Royal Aeronautical Society, which embodies the rich history of British innovation [...]
UK funding for AI startups surges but still lags behind US Tech AI startups captured 25 per cent of all UK venture capital funding in 2024, totalling $15.9bn (£12.8bn) – a sharp rise from $3.1bn (£2.5bn) four years ago. Balderton Capital’s latest data shows that 2024 was the second best year on record for AI investment in the UK. The sector’s value has more than doubled in [...]
