
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.

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.

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…

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 plans to expand its Accelerator community to 50,000 UK entrepreneurs in 2026, scaling founder support, university hubs and growth programmes nationwide.

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.

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.

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.

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…

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…

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…

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…

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.

Financial AI platform Rogo has opened its first international office in London, backed by a $75m Series C round led by Sequoia Capital, as European banks…

Sustainable grocery delivery firm Modern Milkman has secured a £10m investment from Salica Investments to expand its UK operations, accelerate US growth and develop new circular-economy…

UK sleep tech company Zeus Sleep has secured £1.48m in NIHR funding to run a major NHS-backed clinical trial into a new non-invasive treatment for obstructive…