Schroders has agreed a £9.9bn takeover by US asset manager Nuveen, ending more than 200 years of independence in a blow to the London Stock Exchange.
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Tangible raises $4.3m seed round to unlock scalable debt finance for hardtech firms
Fintech startup Tangible has secured $4.3m in seed funding led by Pale Blue Dot to help hardtech companies access structured debt finance and reduce reliance on dilutive equity.
Mozart AI raises $6m to put artists at the heart of AI-powered music creation
London-based Mozart AI has raised $6m in a seed round led by Balderton Capital as it accelerates growth of its AI-powered music creation platform and launches a mobile app.
Fractile commits £100m UK expansion as it ramps up AI chip development
UK chip start-up Fractile is investing £100m to expand operations in London and Bristol, backing Britain’s push for sovereign AI hardware and more efficient inference chips.
AI energy start-up Tem raises $75m to cut business power bills
London-based energy tech firm Tem has raised $75m in funding led by Lightspeed Venture Partners as it uses AI to cut business electricity bills by removing wholesale market intermediaries.
NatWest seals £2.7bn Evelyn Partners takeover in biggest deal since bailout
NatWest has agreed a £2.7bn acquisition of Evelyn Partners, creating the UK’s largest private banking and wealth management group as lenders pivot towards fee-based income.
NatWest to expand Accelerator community to 50,000 UK entrepreneurs in 2026
NatWest plans to expand its Accelerator community to 50,000 UK entrepreneurs in 2026, scaling founder support, university hubs and growth programmes nationwide.
Lawhive raises $60m to scale AI-native consumer law firm across the US
UK legaltech Lawhive has raised $60m in Series B funding to expand its AI-native consumer law firm across the US, surpassing $35m in annualised revenue.
AI voice company ElevenLabs valued at $11bn after $500m funding round
UK-based AI voice company ElevenLabs has raised $500m in new funding, tripling its valuation to $11bn as demand for human-like AI voice technology accelerates.
Sidekick raises £7.8m Series A to scale private-bank style investing for professionals
UK wealth-tech Sidekick has raised £7.8m in Series A funding to scale investment products traditionally offered by private banks, targeting professionals with growing financial complexity.
Peter Jones buys American Golf as Dragons’ Den star expands retail empire
Dragons’ Den investor Peter Jones has acquired American Golf, the UK’s largest golf retailer, as he looks to revive the loss-making chain and expand its online business.
SpaceX acquires xAI as Elon Musk moves to unite rockets, satellites and artificial intelligence
Elon Musk’s SpaceX has acquired xAI in a landmark deal that brings rockets, Starlink satellites, X and the Grok chatbot under one roof ahead of a potential blockbuster IPO later this year.
Amazon in talks over $50bn investment in OpenAI as AI arms race accelerates
Amazon is in early talks to invest up to $50bn in OpenAI, as the ChatGPT maker seeks up to $100bn in funding at a valuation of around $830bn amid intense Big Tech competition.
National Wealth Fund to double investment pace with focus on clean energy and green steel
The National Wealth Fund plans to invest up to £5bn a year in clean energy, green steel and infrastructure, aiming to unlock £100bn for the UK economy and support 200,000 jobs.
Litestream Ventures secures $78m in investor pledges at Davos forum
Litestream Ventures recorded $78m in non-binding investor pledges during the World Economic Forum, debuting new pledge-based signalling technology to back companies tackling global challenges.
