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.
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NatWest to expand Accelerator community to 50,000 UK entrepreneurs in 2026
NatWest plans to expand its Accelerator community to 50,000 UK entrepreneurs in 2026, scaling founder support, university hubs and growth programmes nationwide.
Lawhive raises $60m to scale AI-native consumer law firm across the US
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.
AI voice company ElevenLabs valued at $11bn after $500m funding round
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.
Sidekick raises £7.8m Series A to scale private-bank style investing for professionals
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.
Peter Jones buys American Golf as Dragons’ Den star expands retail empire
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 business.
SpaceX acquires xAI as Elon Musk moves to unite rockets, satellites and artificial intelligence
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 potential blockbuster IPO later this year.
Amazon in talks over $50bn investment in OpenAI as AI arms race accelerates
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 around $830bn amid intense Big Tech competition.
National Wealth Fund to double investment pace with focus on clean energy and green steel
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 economy and support 200,000 jobs.
Litestream Ventures secures $78m in investor pledges at Davos forum
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.
Rogo opens London office following $75 million Series C funding as AI demand surges across European finance
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 accelerate AI adoption.
Modern Milkman raises £10m to scale sustainable doorstep delivery
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 services.
Anti-snoring innovators secure £1.48m NIHR funding to tackle sleep apnoea at its source
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 sleep apnoea.
University of Salford innovation centre secures £2.5m and supports 330 local businesses
The University of Salford’s Centre for Sustainable Innovation has secured more than £2.5m in funding and supported over 330 businesses across Greater Manchester in its first two years.
BGF posts strong deal flow and landmark exits in 2025, returning £600m to investors
BGF reported a standout year in 2025, returning more than £600m to investors through landmark exits including OrganOx, alongside strong deployment and portfolio growth across the UK and Ireland.
