Tag: funding
29 articles tagged funding
Manchester's Cytix raises £5.18m to police AI-written code
Northern Gritstone led a £5.18m ($7m) round for a firm arguing that AI-assisted development has outpaced the security models meant to govern software change.
London's Applied Computing raises £15m for energy AI
The London company behind Orbital, a foundation model for energy operators, raises £15 million (€17.4 million) led by KBR and opens a Houston office.
AI firms take record 44% of UK small-business funding
AI companies took a record 44% of UK smaller-business equity investment in 2025, says the British Business Bank, as overall funding fell and early-stage deals slid.
Luminance bets on in-house AI over 'rented intelligence'
UK legaltech Luminance, fresh from a £56.8m round, argues that building its own AI models beats renting frontier intelligence on margins and accuracy.
Ex-KPMG audit head backs £10m round for AI audit firm
Audit AI startup Cortea has raised £10.3m (€12m) to expand into the UK, with Dawn Capital and KPMG's former global audit head among the backers.
Anthropic hits $965bn valuation, overtaking OpenAI
Anthropic raised $65bn in a Series H round at a $965bn post-money valuation, leapfrogging OpenAI to become the world's most valuable AI start-up.
Isembard raises £37m to scale AI-powered precision manufacturing
Hardware startup Isembard secures £37m Series A to expand its network of high-precision factories using its MasonOS AI operating system, targeting 25 sites by end of 2026.
Nscale raises £1.5bn as Sheryl Sandberg and Nick Clegg join board
British AI data centre firm Nscale raises £1.5bn ($2bn) in new funding, appoints former Meta executives to its board, and sees valuation soar to £11bn ($14.6bn).
UK AI firm Nscale raises £1.6 billion in Nvidia-backed funding round
British AI infrastructure company Nscale valued at £11.7 billion after $2 billion Series C round led by Norway's Aker and 8090 Industries.
