IonQ and Oxford Ionics announce they have entered into a definitive agreement for IonQ to acquire Oxford Ionics in a transaction valued at $1.075 billion, which will consist of $1.065 billion in shares of IonQ common stock and approximately $10 million in cash (subject to customary closing adjustments and expenses).
Q5D has raised $13.5 million in funding to advance its robotic cells that automate product electrification, bringing its total funding to $16.7 million. This new funding includes a $2.6 million grant (£2.0 million) from Innovate UK and a $10.9 million Series A co-led by existing investors, Lockheed Martin Ventures, Chrysalix, and Maven SWIF, with other investment from SOSV, UKI2S, UntroD, and CPI Enterprises.
Pactum announces its Series C fundraise of $54 million. This round, led by global software investor Insight Partners, brings the company’s total funding to date to more than $100 million and will help bolster enterprise procurement with agentic AI solutions that work alongside humans to negotiate and close supplier deals at scale.
It is often stated that in the metamorphosis between a caterpillar and a butterfly there is a very ugly larval stage. Parallels could be drawn between this and the labour markets of the UK and Europe. While the power and ubiquity of technology is increasing, rules, regulations, and legacy attitudes are holding back the potential of entrepreneurs and startups.
SETsquared Bristol, the University of Bristol tech incubator, has bolstered its team with the appointments of Caroline Thompson as Centre Manager, and Dr Becky Sage and Dr Kam Pooni as Entrepreneurs in Residence. They will be joining the incubator this month as part of Bristol Innovations, the University’s catalyst for innovation.














