Category: business
Finance, startups, productivity
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Noahs raises €1.9M to power its expansion to 600 digitised food locations by 2026
Noahs, a Copenhagen-based food-tech company that transforms the service stations, convenience stores (c-stores), supermarkets, and travel hubs into modern food destinations, has raised €1.9 million in new funding at a €6.5 million pre-money valuation. Founded in 2020, Noahs has redefined how food integrates into retail — building a platform that enables global retailers to enter read more
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Kovant closes €1.5M to advance agentic AI for enterprise operations
Stockholm-based Kovant, an autonomous enterprise platform that enables businesses to create, run and manage entire operations and departments of AI agents, has raised €1.5 million in pre-seed funding. The round was led by Stockholm-based VC firm J12 Ventures, with participation from Ampli, Green Ventures and a group of angel investors ranging from tech veterans to read more
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Yasu lands €850K to build the world’s first AI cloud engineer
Dutch-based Yasu, an AI startup building autonomous agents to prevent cloud waste, has raised €850,000 in pre-seed funding. The round was led by Akka, with participation from Empower Impact and earlier investment from Antler. Founded in 2025, Yasu is developing an AI Cloud Engineer designed to bring cloud cost visibility into the development process and read more
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Cerrion raises $18M to reduce factory downtime with AI video agents
Cerrion, the Swiss-founded AI video agent platform that detects and resolves production line issues in real time, has raised $18 million in Series A funding to further expand and scale operations in the US and Europe. The round was led by Creandum, with participation from existing investors Y Combinator, Goat Capital, 10x Founders and Session read more
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Josef Brunner’s NutriUnited secures €8.5M Seed to champion family-owned food producers
Corporate food companies group NutriUnited has raised €8.5 million Seed financing. Founded by Josef Brunner, NutriUnited builds, connects and develops artisan-oriented food companies. It aims tocreate a home for family-run businesses in the product categories meat, meat alternatives and ready-made meals. Josef Brunner is a serial entrepreneur, executive, and investor with over two decades of read more
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SportAI closes $3M round, supported by Casper Ruud
SportAI, a B2B sports technology company that uses AI-powered video analysis to provide professional-grade performance insights, has raised an oversubscribed $3 million round from investors including Norwegian fund Altitude Capital and tennis player Casper Ruud. Endre Holen, former Head of McKinsey’s Global Tech & Media practice, has also invested and will serve as Chairman. Other read more
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PowerUP nets €10M Series A to scale its dual-use hydrogen technology
Talliin-based PowerUP Energy Technologies has closed a€10 million Series A funding roundto accelerate the manufacturing and commercialisation of its hydrogen-powered electric generators.Co-led by Mercaton and ScaleWolf and joined by SmartCap’s Green Fund, the investment will enable further scaling of the technology, recognised for its dependable performance in extreme environments. PowerUP Energy Technologies, founded in 2016, read more
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Uniphy lands £3M to roll out smart surfaces for in-vehicle controls
Leeds-based Uniphy, whose technology could replace car dashboard controls and change how people interact with appliances, has raised £3 million to prepare for mass production. The funding comes from existing investors NPIF II – Mercia Equity Finance, managed by Mercia Ventures under the Northern Powerhouse Investment Fund II, and Mercia’s own funds. Founded in 2015 read more
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The eastern frontier is Europe's new critical deeptech engine
Today, Coinvest Capital, the NATO Innovation Fund (NIF), Depo Ventures, BSV Ventures, Balnord, and New North Ventures — six VC funds actively investing in dual-use and defence — together with market-intelligence platform Dealroom, unveil the inaugural Tough Tech by the Tough Ten report, The report is the first comprehensive mapping of tough-tech ecosystems spanning mission-critical read more
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London and New York-based Model ML raises $75M
An AI automation platform for the financial services industry, founded by two brothers, has raised $75m in a Series A fundinground. The funding round in London and New York-based Model ML was led byFT Partners with participation from Y Combinator,QED, 13Books, Latitude and LocalGlobe. The Series A follows six months after Model ML’s seed raise, read more
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Revolut valued at $75BN, with Nvidia and A16z joining investor roster
Revolut has been valued at $75bn, following a secondary share sale, which saw Nvidia andUS blue-chip VC firm Andreessen Horowitz invest in Europe’s most valuable private tech firm for the first time. The round was led by Coatue, Greenoaks, Dragoneer, and Fidelity Management & Research Company with participation from NVentures, Nvidia’s venture capital arm, and read more
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Onstage launches new early-stage venture fund
Onstage, an organiser of standalone demo events in Europe, announced the launch of its first venture fund, with an initial close of £10 million. The fund is intended to support European founders at the pre-seed and seed stages and will be led by founding partner Joel Hambly. Founded in 2020 by Episode 1 GP Hector read more
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Dutch online grocery store Picnic raises €430M
Dutch online grocery store Picnichas raised€430 million from existing investors and is ploughing much of the funding to grow its operations inGermany. Picnic’s existing investors includeGerman supermarket giant Edeka,TheBilland Melinda Gates Foundation Trust, Dutch investment firmHoyberg and Amsterdam-headquartered investment firm NPM Capital. As well as bolstering its presence in Germany, where Picnic says it’s the read more
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EIT Urban Mobility reports strong results and new €44M Fund
EIT Urban Mobility, an initiative of the European Institute of Innovation and Technology (EIT), a body of the European Union, announced results demonstrating the measurable impact of its investment approach and and commits €44M for future investments Since 2020, EIT Urban Mobility has built a portfolio of over 140 companies across Europe, creating systemic transformation read more
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UK government announces billions of pounds of AI investment including Sovereign AI Unit
The UK government has unveiled a package of measures putting AI at the centre of its growth plans, pledging the creation of thousands of jobs and government support for key domesticAI tech. The measures, featuring billions of pounds of public and private investment, come ahead of the Autumn Budget and warnings from company bosses that read more
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MuchBetter.ai banks €4M to boost workforce performance through AI-based conversations
Today, French startup MuchBetter.ai announced a €4 million funding round led by Educapital, an impact fund specialising in education and the “future of work,” with support fromAstorya VC and Antler. The company has developed an AI-powered training platform for sales teams and customer-facing field teams. It enables rapid and independent professional development through ultra-realistic, educational, read more
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AI agents “lost” when patients ask medical questions, says healthtech boss
AI agentsare “lost” when patients ask medical questions, and it will take time to roll agents out effectively in a clinical setting, according to the founders of two healthtech firms. Ali Parsa, who previously ran the failed Babylon Health and Circle Health and is now heading upQuadrivia, which has built an AI agent for clinicians, read more
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