Category: business

Finance, startups, productivity

  • Modern Relay raises $3M to build shared infrastructure layer for AI agents in the enterprise

    Modern Relay today announced a $3 million funding round from Point Nine, Emerge, Amino Collective, Common Magic, and angels, including Charlie Songhurst (board member at Meta), Michael Boehler (former BioNTech executive), and Thomas Clozel (co-founder of OWKIN). Employees are already running multiple agents to draft research, ship code, and handle day-to-day operations. The moment those read more

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    Modern Relay raises M to build shared infrastructure layer for AI agents in the enterprise

  • Clean Food Group raises £4.5M to scale yeast-derived oils and fats from food waste

    UK biotech manufacturer Clean Food Group (CFG) has raised £4.5 million in investment led by Clean Growth Fund and New Agrarian. CFG has also successfully secured a £700,000 non-dilutive grant from Innovate UK, which further improves the Company’s financial position. Clean Food Group enables a more sustainable and resilient global food system by producing essential read more

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    Clean Food Group raises £4.5M to scale yeast-derived oils and fats from food waste

  • Helical secures $10M to advance virtual AI lab for pharma research

    Helical, a biotechnology company developing a virtual AI lab for pharmaceutical research and development, has raised $10 million in seed funding. The round was led by redalpine, with participation from Gradient, BoxGroup, and Frst, alongside angel investors including Aidan Gomez (CEO of Cohere), Clement Delangue (CEO of Hugging Face), and Mario Götze. Founded in early read more

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    Helical secures M to advance virtual AI lab for pharma research

  • TraqCheck raises $8M to turn hiring into an AI-run workflow

    London HRtech startup TraqCheck has raised $8 million in Series A funding, led by IvyCap Ventures, with participation from IIFL. Instead of recruiters manually sourcing candidates, screening resumes, and coordinating background checks across fragmented tools, TraqCheck’s agents execute those workflows end-to-end. This creates significant operational efficiencies and eliminates manual errors, which can be costly and read more

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    TraqCheck raises M to turn hiring into an AI-run workflow

  • StirLight raises £1.25M to bring real-time quality assurance to friction stir welding at scale

    UK startup StirLight has secured £1.25 million to commercialise its technology and accelerate the adoption of advanced manufacturing processes at scale by major industrial original equipment manufacturers. The company combines friction stir welding expertise with StirSense, a proprietary real-time process-monitoring and quality-assurance platform. StirLight serves R&D engineers and production teams in the nuclear, aerospace, defence, read more

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    StirLight raises £1.25M to bring real-time quality assurance to friction stir welding at scale

  • Graftcode secures €2.1M to simplify AI-era software integration

    Graftcode, a Warsaw-based developer platform focused on simplifying software integration, has raised €2.1 million in funding. The round was led by Hard2beat, with participation from DigitalOcean Ventures, Heartfelt Capital, and private investors, including company employees. The investment brings the company’s total funding to €6.5 million and coincides with the launch of the beta version of read more

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    Graftcode secures €2.1M to simplify AI-era software integration

  • Stegra bags €1.4bn rescue funding package for giant European green-steel plant

    Swedish green-tech startup Stegra has secured €1.4bn in rescue funding from a consortium led by the prominent Swedish Wallenberg family, as it looks to finish construction of the world’s largest green-steel plant. The funding follows months of negotiations between Stegra and its investors and lenders asthe Swedish startup looked to raise additional funding to support read more

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    Stegra bags €1.4bn rescue funding package for giant European green-steel plant

  • Locai Labs and Civo launch Project Mercury to end UK reliance on foreign AI

    Today, Locai Labs, the UK’s sovereign AI company, and Civo, the British sovereign cloud provider, have signed a Memorandum of Understanding (MoU) to undertake Project Mercury. The programme aims to build the UK’s first pre-trained, sovereign LLMs, designed to reclaim British digital autonomy. For a decade, the UK has operated as a “digital tenant,” reliant read more

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    Locai Labs and Civo launch Project Mercury to end UK reliance on foreign AI

  • Wamo closes €10M Series A to power European SMEs

    Wamo, a financial operating platform for small and medium-sized enterprises (SMEs), has raised €10 million in a Series A funding round to support its expansion in Italy and the Nordic region, enhance product capabilities, and roll out AI-driven tools. The majority of the funding was provided by TCEE Fund IV, advised by 3TS Capital Partners, read more

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    Wamo closes €10M Series A to power European SMEs

  • Peak Quantum reaches €5M in total funding for quantum chips

    Peak Quantum, a Munich-based quantum computing startup, has raised €2.2 million in pre-seed funding to advance its superconducting quantum processor technology and establish a European pilot manufacturing line. The round was led by Cloudberry Ventures, with participation from United Founders, QAI Ventures, Golden Egg Check, and several business angels with industry experience. Including public support, read more

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    Peak Quantum reaches €5M in total funding for quantum chips

  • Remote metre reading by 2027: Retrofit beats replacement

    Across Europe, millions of heat and hot-water metres accurately measure consumption every day. Many have been in the field for a decade or more, performing their metrological function with high reliability. By 2027, a significant portion of this infrastructure will fail to meet a new regulatory requirement. Not because the sensing is wrong, but because read more

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    Remote metre reading by 2027: Retrofit beats replacement

  • Fine art logistics company Convelio secures Series C funding

    Convelio, a technology-enabled fine art logistics and storage company, has secured a Series C investment to expand its AI-powered logistics and collections management services for the global art and antiques market. The round was led by a prominent French entrepreneurial dynasty with strong ties to the international art sector, with participation from existing investors Forestay, read more

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    Fine art logistics company Convelio secures Series C funding

  • Kelluu raises €15M to scale autonomous airship intelligence platform

    Kelluu, a Finnish deeptech company operating the world’s largest autonomous airship fleet, has raised €15 million in Series A funding. The round was led by the NATO Innovation Fund, marking its first investment in a Finnish company. Additional participation came from Keen Venture Partners, GungnirCapital, and Tesi. The funding follows Kelluu’s successful completion of two read more

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    Kelluu raises €15M to scale autonomous airship intelligence platform

  • The new Seed filter: what investors look for beyond the demo

    AI has made it easier than ever to build something that looks impressive. Polished demos, sleek interfaces, and convincing prototypes can now be produced in days, not months. But how do investors cut through the shine to identify a product with real value, a defensible technology, and a team capable of building something that lasts? read more

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    The new Seed filter: what investors look for beyond the demo

  • OpenAI to move to first permanent London office, with capacity to more than double headcount

    OpenAI says it’s moving into its first permanent London office, which has the capacity to more than double its current 200-strong headcount, days after pausing its flagship data centre project in the UK. The ChatGPT developer is moving into an 88,500-square-foot space in London’s King’s Cross, which is a key tech hub in the capital. read more

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    OpenAI to move to first permanent London office, with capacity to more than double headcount

  • Zell raises €500K to scale AI-powered sales management

    Berlin-based Zell, an AI startup focused on automating sales management workflows, has raised €500,000 in a funding round. The round was co-led by P3 Ventures, SkyDeck Europe, UC Berkeley SkyDeck, Lendlease, and the Cariplo Factory accelerator, alongside a group of international angel investors and venture capital firms, including Mamba Ventures, Nicola Pivaro, Flavio Di Palo, read more

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    Zell raises €500K to scale AI-powered sales management

  • The agenda for the Tech.eu Summit London 2026 has been revealed

    With only a few days left until the Tech.eu Summit London 2026, it is time to reveal the agenda for what promises to be one of the most substantive gatherings in the European tech calendar this year. The summit will take place on 21–22 April at the Queen Elizabeth II Centre in London, featuring sessions read more

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    The agenda for the Tech.eu Summit London 2026 has been revealed

  • Accenture and Google Cloud unveil Brussels centre to accelerate sovereign AI adoption

    Today, Accenture, in partnership with Google Cloud, is launching a new Accenture and Google Cloud Sovereign Centre in Brussels, with a dedicated training facility. The new centre comes as governments and regulated sectors in Europe, such as finance, healthcare, and defence look to scale AI adoption while maintaining control over data, security, and compliance. Through read more

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    Accenture and Google Cloud unveil Brussels centre to accelerate sovereign AI adoption

  • Round raises $6M to scale its AI-powered finance automation platform

    London-based Round, an AI-powered finance automation platform, has raised $6 million in seed funding to accelerate the development of its financial infrastructure and expand its product offering. The round was led by Alstin Capital, with participation from Backed VC and Love Ventures. Around 10 per cent of Round’s existing customers joined the round, alongside angel read more

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    Round raises M to scale its AI-powered finance automation platform

  • New AI femtech competition in Portugal aims to fast-track women’s health innovation

    Portugal is hosting a first-of-its-kind competition for femtech startups and research labs this spring. It will bring together innovators working at the intersection of artificial intelligence and women’s health. The initiative was launched by the scientific platform EmbryoNet-AI in partnership with FemTech Real Money Talks Media. It aims to accelerate real-world breakthroughs by transforming early-stage read more

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    New AI femtech competition in Portugal aims to fast-track women’s health innovation