London-based enterprise AI video startup Synthesia raised a $200M Series E led by GV at a $4B valuation, up from $2.1B after raising $180M in January 2025
W — hile AI video generators like OpenAI's Sora, Google's Veo, and Kling are best known for creating “AI slop” …
Sources: Revolut scrapped plans to buy a US lender and will instead apply for a US banking license, betting Trump's lighter touch on approvals will be faster
UK-headquartered fintech had hoped to secure a banking charter through buying an American lender — Stephen Morris in Davos and Laith Al-Khalaf in London
The UK government plans to take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an effort to encourage Kraken to list in London
The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an effort to encourage Kraken to list in London
Investment aims to persuade tech business to list in London as it gears up for IPO — The UK government will take a £25mn stake …
Berlin-based Parloa, which develops AI customer service agents for Booking.com and others, raised $350M at a $3B valuation, taking its total funding to $560M+
Berlin-founded group raises $350mn as it looks to expand its AI customer service agents — Florian Müller in Frankfurt and Melissa Heikkilä in London
Uber plans to trial driverless taxis in London using Baidu's Apollo Go RT6 robotaxis, starting in H1 2026 with services available by the end of 2026
plus more than 250,000 [image] Bluesky: @chrisinparis : I'm less surprised when cities in the US allow this insanity but am surprised to see London allowing this. Hoping it doesn't come to Paris. bsk...
Monzo receives an Irish banking license, letting the London-based digital lender offer its personal, business, children's, and savings accounts across the EU
Aisha S Gani / Bloomberg :
London-based PolyAI, which makes call center AI voice assistants, raised an $86M Series D led by Georgian, Hedosophia, and Khosla, after raising $50M in 2024
John Reynolds / Tech.eu :
Dutch payments group Mollie agrees to acquire London-based fintech GoCardless for €1.5B, set to close in 2026; GoCardless was last valued at $2.1B in early 2022
Dutch payments group aims to create new European fintech — Dutch payments group Mollie has agreed to acquire …
Impressions from a London test ride in a car using Wayve's self-driving tech; Wayve has raised $1.3B since its launch and is testing cars with Level 2+ autonomy
John Thornhill / Financial Times :