Government steps in with 25m investment to keep AI firms listed in London
The government invested £25 million in Kraken Technologies to encourage the AI platform to list in London and support domestic scale-up growth and flotation.
Why is the UK state investing in 6.45bn Kraken? It doesn't need public money
The British Business Bank invested 25m in Kraken Technologies despite Kraken's multi-billion valuation and strong fundraising, raising doubts about the BBB's focus on small businesses.
