Tag: startups
16 articles tagged startups
Wayve courts carmakers with £2.2bn and human-like AI driving
London's Wayve has raised £2.2bn ($2.8bn) for a self-learning driving system it wants to license to any carmaker, from Nissan to Stellantis robotaxis.
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.
Surrey AI spinout wins £1m Manchester Prize for biogas tech
BiofuelAi, a University of Surrey spinout, has won the government's £1m Manchester Prize for AI that optimises biogas plants, cutting emissions by 28% in trials.
Barclays AI 100 names Fractile, Isomorphic Labs as UK AI funding hits £8.3bn
Barclays Eagle Labs has named Britain's fastest-growing AI businesses as UK AI funding nearly trebled to £8.3bn, with London capturing three-quarters of AI fintechs.
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.
UK AI Minister Unveils Fractile's £100m Investment and Sovereign AI Fund at Founders Forum
Minister Narayan announces Fractile's £100m UK commitment, a £500m Sovereign AI unit, and plans to skill 10 million workers in AI by 2030.