Filed under: deep tech
7 storiesThe archive, indexed. Every story carries its tags at the foot of the page.
Oxford, Cambridge and London take two-thirds of spinout capital
A review published by UK Research and Innovation found three cities absorbed most of the venture money going into UK university spinouts. Founders elsewhere are still buying train tickets to London.
Molten raises £175m growth fund, £75m of it from the state
The British Business Bank has cornerstoned Molten Ventures' new scale-up fund with £75m. Molten wants to double the fund to £350m.
Chiswick startup signs US government deal on nuclear cargo ships
Core Power has a first-of-its-kind agreement with the US Maritime Administration, $200m from three Japanese conglomerates and a 2028 target for its first propulsion systems. None of the shipbuilding will happen in Britain.
Cytix raises €6m Series A led by Northern Gritstone
The cybersecurity startup says the round will fund work on the risks created by fast-moving software change. Northern Gritstone led it.
Sovereign AI takes equity in chip startup OLIX, its fifth deal
The government's venture arm has joined a nine-figure round in a two-year-old London chip designer. It is the fund's fifth equity cheque, and the announcement says nothing about how other founders get one.
UK opens Global Talent visa route to 100-plus employers
More than 100 named companies can now bring foreign researchers into Britain on the Global Talent visa. The list runs from GSK and IBM to quantum startups — and leaves out the newest AI labs.
Global Talent visa opens to 100+ commercial research firms
Companies, not just universities, can now back a researcher's UK visa. Deep-tech founders hiring from abroad have a new route, and a new set of gatekeepers.