London software firm, Red Eagle Tech, reports fivefold revenue growth on second anniversary
Red Eagle Tech, a software development firm based in London, has recorded revenue growth of more than 500 per cent year-on-year as it marks its second anniversary. Established in February 2024, the business develops bespoke cloud infrastructure, AI integrations, and custom applications for small and medium-sized enterprises across the UK. The company operates using a […]
Software company, Quantexa, to establish global headquarters on London South Bank
Quantexa is to establish a new global headquarters at The Delft on the South Bank in London. The decision intelligence business has signed an agreement with Great Portland Estates plc for 52,293 square feet of office space within the newly developed building. The company stated that the move is part of its plan to scale […]
London firm, Options Technology, to acquire infrastructure specialist, Crossvale
Options Technology, a provider of IT infrastructure and managed services based in London, has agreed to purchase Crossvale. The acquisition is intended to support financial institutions with the adoption of private cloud and artificial intelligence. The move is also expected to help customers update legacy environments and reduce technology debt. The integration of the secure […]
London’s Dataline Labs gets £740K pre-seed funding for AI data platform
Dataline Labs, a London-based data analysis firm, has secured £740,000 in pre-seed funding. The investment round was led by Haatch Ventures with additional involvement from the British Business Bank and various angel investors. The company specialises in providing strategic insights across different enterprise departments. The startup has been chosen for the Ministry of Defence’s Digital […]
British Business Bank commits up to £10m to Ascension Ventures
The British Business Bank has announced a commitment of up to £10,000,000 to Ascension Ventures through its Regional Angels Programme. This funding is intended to increase investment into early-stage technology businesses throughout the UK. The programme was established in 2019 to address regional disparities in access to equity finance by supporting investor networks operating outside […]
DataGuard appoints Arie Teter as chief product and technology officer
DataGuard, a leading SaaS security and compliance software provider based in London, has announced the appointment of Arie Teter as chief product and technology officer. Teter will manage the product and engineering departments. His role involves the development and scaling of the company platform as the firm seeks to expand its security and compliance software. Teter […]
London legal AI tech company, Harvey, expands European footprint with Paris office and senior hire
Harvey, the AI company specialising in legal and professional services, has announced plans to open a new office in Paris during the second quarter of 2026. This move marks a significant expansion of the firm’s European presence beyond its regional headquarters in London. Alongside the new office, the company has appointed Jorge Bestard as its […]
Government announces growth package to support UK scale-ups and cut red tape
Business Secretary Peter Kyle has unveiled a series of measures designed to support the growth of British technology and life sciences companies. The package includes a record-breaking investment in an energy technology firm, new funding for deep tech and life sciences, and a significant shift in regulatory policy aimed at reducing administrative burdens. The British […]
London startup Cyb3r Operations secures £4m for risk management platform
London-based security startup Cyb3r Operations has raised £4m in an investment round led by Octopus Ventures. The funding round also included follow-on investment from existing backer Pi Labs, bringing the company’s total funding to date to £5m. Founded in 2021, Cyb3r Operations was established to replace fragmented and manual corporate risk management processes. The company’s […]
London is home to more than half of Britain’s fastest-growing tech firms
More than half of the fastest-growing private technology companies in Britain are located in London, according to a new ranking by The Sunday Times. The list of the 100 fastest-growing tech firms in the country indicates that 57 of these businesses are headquartered in the capital. This data comes amid discussions regarding the level of […]