BAE Systems is funding the startups that want to disrupt it
BAE Systems is funding the startups that want to disrupt it

BAE Systems, the UK’s largest defence company, is putting €50m into venture capital, a bet that the startups it backs today could shape the weapons it sells tomorrow. The money will flow into VC funds focused on European defence-tech, with €25m of it g…

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.

London Tech Week 2026: the AI billions, the US build-out, and a royal first
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, …

Thena Capital closes a £45M fund to back UK medtech, a first for an all-female GP team
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…

The UK is about to ban under-16s from social media. Its own child-safety charities are worried.
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 pe…

UK tech secretary vows to push pension funds into British AI startups
UK tech secretary vows to push pension funds into British AI startups

Britain’s Technology Secretary Liz Kendall has pledged to strengthen efforts to channel institutional investment into UK tech companies. Speaking to Bloomberg TV during London Tech Week, Kendall said the government would pursue legal reforms to how pen…

Irish fleet-safety firm CameraMatics raises up to €49M to take on Samsara in the US
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 …

Germany’s Vsquared is taking on Atomico and Balderton on their London home turf
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…

Capsa AI raises $18M to build the ‘AI operating system’ for private equity
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, a…

The ECB moved to rein in Revolut’s ‘self-guided missiles’, just as a share sale values it at $115bn
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 o…