UK Tech Scale-Ups Hit £3.4bn as AI Regulation Battle Heats Up

Tech Nation has unveiled its Future Fifty 2026 cohort, and the numbers are staggering: 50 companies have collectively raised £3.4bn, more than double the £1.4bn raised by last year’s group. AI is the dominant theme, with Cambridge-based CuspAI alone pulling in over $650m (£480m) for its semiconductor materials discovery platform. The announcement comes as Prime Minister Andy Burnham prepares a £1bn UK Scale-up Fund, backed by major pension schemes like Nest and...