Category: business

Finance, startups, productivity

  • Zilch bags payments licence

    Zilch, the UK BNPL fintech, has received a licence which it says willremove its reliance on third parties and allow it to build more payment methods in-house. Zilch, which is backed by Goldman Sachs and eBay, also said it had strengthened its ties with Visa, which earlier this year replaced Mastercard as Zilch’s card network read more

    Zilch bags payments licence
  • FICUS secures €3M to expand its clinical documentation platform

    Berlin-based AI healthtech company FICUS Health has closed its seed round, raising a total of €3 million together with its previous pre-seed financing. The round was led by European early-stage investor Redstone and supported by Merantix Capital as well as leading industry business angels. Founded in 2024, FICUS Health develops an AI platform that supports read more

    FICUS secures €3M to expand its clinical documentation platform
  • Qargo expands AI-driven transport management with $33M Series B

    Qargo, an intelligent transport management system (TMS), has raised $33 million in a Series B funding round led by Sofina, with participation from existing investor Balderton Capital. The round follows Qargo’s rapid expansion across key European logistics hubs over the last 18 months. This latest investment brings Qargo’s total funding to $54 million. Founded in read more

    Qargo expands AI-driven transport management with M Series B
  • Zentio raises €1.4M for AI-native production planning

    Berlin-based Zentio has closed a €1.4 million pre-seed funding round led by HTGF, with additional support from SIVentures. Alongside capital, the investors will provide strategic and operational support for Zentio’s next phase of growth. Industrial companies make thousands of decisions every day, from minor operational adjustments to major strategic shifts, and each choice can trigger read more

    Zentio raises €1.4M for AI-native production planning
  • Internxt AI debuts as Europe’s answer to ChatGPT — with total user anonymity

    This week, Spanish technology company Internxt launched Internxt AI, a conversational AI tool designed as an ethical and secure alternative to tools like ChatGPT. Internxt AI prioritises user privacy, total anonymity and strict compliance with European regulations, offering an accessible, sovereign AI experience free from mass surveillance. This launch aligns with Internxt’s mission to establish read more

    Internxt AI debuts as Europe’s answer to ChatGPT — with total user anonymity
  • Trendtracker raises $7M to scale its AI strategic intelligence platform

    Ghent-based tech scale-up Trendtracker has closed a $7 million Series A funding round led by Armilar, with participation from existing investor Capricorn Partners. The investment will support the further development of Trendtracker’s autonomous AI strategy and foresight platform, which is designed to help organisations streamline strategic research, planning, and decision-making amid growing demand for AI read more

    Trendtracker raises M to scale its AI strategic intelligence platform
  • Hiro Capital snaps up Nick Clegg and Yann LeCun, as launches fund

    London-based VC firm Hiro Capital has snapped up two high-profile individuals from the European tech scene, as it launches a new fund targeting the European scaleup gap. Nick Clegg, theformer deputy PM and former Meta executive,is joining as general partner and Meta’s outgoing chief AI scientist, Yann LeCun, is joining Hiro Capital’s advisory board. The read more

    Hiro Capital snaps up Nick Clegg and Yann LeCun, as launches fund
  • Barclays invests in fintech group United Fintech

    Barclays is investing in United Fintech, joining four other big banks, which have invested in the fintech group. Barclays is joiningCiti,Danske Bank, BNP Paribas and Standard Chartered which have invested in United Fintech. London-headquartered United Fintech, founded in 2020,acquires and scales fintechs across commercial banking and capital markets, as it looks to serve the needs read more

    Barclays invests in fintech group United Fintech
  • University of Cambridge quantum spinout nets record $60M Series A

    A University of Cambridge quantum computing spinout, which is building the infrastructure needed for scaling quantum computers, says it has raised the largest ever quantum Series A in the UK. Nu Quantum has raised $60m in a funding round led by National Grid Partners, the VC unit of National Grid, with participation from Gresham House read more

    University of Cambridge quantum spinout nets record M Series A
  • Mondu secures €100M debt facility and partnership from J.P. Morgan Payments

    Berlin-based Mondu, a provider of B2B payment solutions, has secured a €100 million debt facility from J.P. Morgan Payments to scale its offering and support its expansion across Europe. Founded in 2021 by Malte Huffmann, Philipp Povel, and Gil Danziger, Mondu provides B2B payment solutions designed to simplify business transactions across Europe. With a focus read more

    Mondu secures €100M debt facility and partnership from J.P. Morgan Payments
  • Matta raises $14M to develop “sentient factory” technology

    London-based Matta, an industrial AI spin-out from the University of Cambridge, has raised $14M in seed funding to transform how products are designed and manufactured. The round was led by Lakestar, with participation from Giant Ventures, RedSeed VC, InMotion Ventures, 1st Kind (Peugeot family), Unruly Capital, and Boost VC, alongside grant support from Innovate UK read more

    Matta raises M to develop “sentient factory” technology
  • U2V launches €60M fund for deeptech university spin-offs in Europe

    U2V (University2Ventures) has completed the first closing of its €60 million Fund I, with support from corporates including anchor LP Jungheinrich via Uplift Ventures, alongside family offices, serial entrepreneurs and industry executives. The fund aims to support teams turning Europe’s research into commercially viable deeptech companies, helping to bridge academia and industry while contributing to read more

    U2V launches €60M fund for deeptech university spin-offs in Europe
  • Wakuli raises €5M from ECBF and Rabobank

    Amsterdam-based coffee company Wakuli has closed a Series A round of €5 million in debt and equity from ECBF and Rabobank. Including earlier participation from the ABN AMRO Sustainable Impact Fund and Icecat Capital, the company has now raised a total of €9.25 million. Founded in 2019 by Yorick Bruins and Lukas Grosfeld, Wakuli focuses read more

    Wakuli raises €5M from ECBF and Rabobank
  • FION Energy secures €1.4M for AI-optimised battery systems

    Berlin-based cleantech startup FION Energy has closed a €1.4 million pre-seed funding round, led by HTGF and Norrsken Evolve, with participation from experienced business angels. Most industrial companies want to reduce their energy costs but face significant technical complexity and high operational effort. FION addresses this by offering an end-to-end solution, from site analysis and read more

    FION Energy secures €1.4M for AI-optimised battery systems
  • Fal raises $140M Series D to power the next era of real-time generative media

    Real-time generative media platform fal today announced a $140 million Series D financing, bringing its funding to over $400 million. Türkiye-founded, fal is an infrastructure layer for real-time AI-generated content, enabling developers and enterprises to run any model—open-source, private, or commercial—through a single, ultra-low-latency serverless API. The platform automatically scales globally and eliminates DevOps overhead, read more

    Fal raises 0M Series D to power the next era of real-time generative media
  • Sprouty raises $550k to expand its AI-based parenting support app

    Sprouty, an AI-powered parenting assistant, has raised $550,000 in a seed round from AltaIR Capital to accelerate growth, expand into new markets, and advance its mission of providing parents with reliable, empathetic support from birth to age two. Parenting stress is a widespread issue, and parental burnout has been documented in many countries. Recent studies read more

    Sprouty raises 0k to expand its AI-based parenting support app
  • KBC unveils €100M Start it Fund, targeting Belgium’s most promising startups from idea to IPO

    KBC Group is investing €100 million through Start it @KBC to strengthen the Belgian startup ecosystem. This investment also launches a new fund (the Start it Fund) aimed at early-stage financing for top-tier startups from the accelerator program, addressing a long-standing demand from founders. Thanks to this fund, these startups can count on capital and read more

    KBC unveils €100M Start it Fund, targeting Belgium’s most promising startups from idea to IPO
  • Assaia raises $26.6M Series B to boost AI for airport operations

    Assaia, the Zurich-based aviation technology company, has raised $26.6 million in an oversubscribed Series B funding round led by Armira Growth, alongside existing investors. As air traffic volumes surpass pre-pandemic levels and airports face staffing constraints and tighter operational margins, the industry is increasingly prioritising intelligent automation to strengthen resilience and improve efficiency. Assaia’s AI read more

    Assaia raises .6M Series B to boost AI for airport operations
  • UK and Germany among countries with highest ChatGPT enterprise customers, says OpenAI

    The UK and Germany are among the countries with the highest number of ChatGPT enterprisecustomersoutside the US, while the Netherlands and France are showing strong growth in business customer numbers, according to a new report fromChatGPTdeveloper OpenAI. OpenAI has published selective usage figures of its AI tools, which are now used by more than one read more

    UK and Germany among countries with highest ChatGPT enterprise customers, says OpenAI
  • Equixly raises €10M to tackle the API security crisis with agentic AI hackers

    Italy-based Equixly has raised €10 million in Series A funding to scale its proprietary agentic AI hacking platform. The round was led by 33N Ventures and joined by Alpha Intelligence Capital, with additional participation from existing investors JME Ventures, 360 Capital and Fondazione Cassa di Risparmio di Firenze. Founded in 2022 by brothers and serial read more

    Equixly raises €10M to tackle the API security crisis with agentic AI hackers