Tag: raises
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SkySelect raises $9M to modernise aircraft parts procurement with AI
Estonian-founded SkySelect, an AI-powered procurement platform transforming how airlines and maintenance providers source aircraft parts, has secured $9 million in funding. Airlines face mounting pressure to modernise legacy procurement systems that leave them holding approximately $50 billion in excess parts inventory globally. When aircraft are grounded due to missing components, airlines scramble to procure parts read more
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Mental health startup Bliss raises $270K to build culturally intelligent AI for therapy
Originally founded in Albania and headquartered in Finland, mental health startup Bliss has raised $270,000 in angel funding led by Keiretsu Forum, Finest Love VC, and Plug and Play to develop AI infrastructure designed to support culturally aware therapy services. The round combines angel investment and non-dilutive grants and represents the first Albanian-Finnish startup investment read more
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finperks raises $4M pre-seed to build prepaid payments infrastructure
Berlin-based finperks has closed a $4 million pre-seed funding round led by Motive Partners and seed+speed Ventures. The company is developing API infrastructure for the global prepaid market, including gift cards, eCash, and prepaid cards, a sector projected to reach $4.24 trillion by 2035. Demand for digital rewards, cashback, and employee benefits continues to grow, read more
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Legaltech Legora raises $550M Series D at $5.55B valuation to accelerate US expansion
Legora, the collaborative AI platform for lawyers, today announced it has raised $550 million at a $5.55 billion valuation in a Series D funding round to accelerate its expansion across the United States. The round was led by Accel, with participation from existing investors Benchmark, Bessemer Venture Partners, General Catalyst, ICONIQ, Redpoint Ventures, and Y read more
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Hosel raises £500K pre-seed to create the "Vinted for golf"
Golf tech startup Hosel is aiming to take a swing at a global second-hand club, equipment, and accessory market valued at $3 billion. Ascension VC has led a pre-seed £500,000 investment round, with a further institutional round and US expansion planned later this year. With a growing trend among golfers seeking “nearly new” golf clubs, read more
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Yann LeCun’s Paris-based AI world model startup raises more than $1BN
Yann LeCun’s much-anticipated new startup, which is developing alternative AI models to large language models (LLMs), has raised more than $1bn in Europe’s largest-ever seed funding round, it has confirmed today. Announcing the funding round, LeCun, the former Meta chief AI scientist and Turing prize winner, said: “We just completed our seed round, one of read more
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Cytotrait raises £3M for agricultural gene-editing technology
Cytotrait, a spinout from The University of Manchester focused on developing new traits for food and agricultural applications, has closed a £3 million seed funding round. The round was led by Northern Gritstone, with participation from the UK Innovation & Science Seed Fund (UKI2S), managed by Future Planet Capital, and the Northern Universities Ventures Fund, read more
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Saltz raises €20M to build global chef-supplier marketplace
Saltz, a digital marketplace for the food supply industry, has raised €20 million in Series A funding. The round included investment from the European Bank for Reconstruction and Development (EBRD), Inovo, Lifeline Ventures, and Change Ventures, along with participation from Mantas Mikuckas (founder of Vinted), Miki Kuusi (founder of Wolt), several Shopify executives, and other read more
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University of Edinburgh biotech spin-out BIOCAPTIVA raises £1.58M
University of Edinburgh spin-out BIOCAPTIVA has raised £1.58 million in a new funding round and launched its first product in the US. BIOCAPTIVA’s novel magnetic bead technology is designed to solve one of liquid biopsy’s biggest bottlenecks: preparing blood samples for cancer research and diagnostics. By improving how cell-free DNA is captured from blood, the read more
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Mirai Robotics raises $4.2M Pre-Seed to build autonomous dual defence maritime systems
Mirai Robotics has raised $4.2 million Pre-Seed, one of the largest in Italy in the robotics and deep-tech sector, to build autonomous and intelligent maritime systems to master every sea. Primo Ventures, Techshop and 40Jemz Ventures led the round, with participation from leading Italian and international angel investors. The sea is one of the most read more
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Nvidia-backed Nscale raises $2BN, appoints Sheryl Sandberg, Nick Clegg to board
Nscale, theNvidia-backed AI infrastructure startup, has raised $2bnin a Series C funding round, valuing it at $14.6bn, andappointedSheryl Sandberg and Nick Clegg to its board. The round, which Nscale says is the largest Series C everinEurope, was led by existing investorAker ASA, the Norwegian investment firm,andVC firm 8090 Industries. AstraCapital, Citadel, Dell, Jane Street, Lenovo, read more
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FIRSTPICK raises €25M to find the Baltics’ next breakout founders
Vilnius-based first-check VC fund FIRSTPICK has launched a new €25 million fund focused on early-stage investments. The aim is to support Baltic founders who don’t fit the typical VC mold. No FAANG background or Ivy League degree needed. In a startup ecosystem where half of the founders are starting their first company, this approach is read more
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Belgian logistics startup Vectrix raises €1.15M seed funding
Antwerp-based Vectrix, an order entry platform for the logistics sector, has raised €1.15 million in a seed funding round led by RDY Ventures to expand into European markets, starting with Belgium’s neighbouring countries. Logistics companies handle large volumes of transport requests each day, with administrative teams often manually entering order details into transport management systems. read more
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British defence tech outfit Mutable Tactics raises over $2M in pre-seed round
A British defence tech startup developing AI software which helps improve the deployment of drones when communication is lost in combat has raised over $2m in a seed funding round. Mutable Tactics has raised $2.1m in a funding round, led by spacetech investor Seraphim Space, with funding also fromthe UK’s National Security Strategic Investment Fund,Koro, read more
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Shellworks raises $15M to scale sustainable plastic alternative Vivomer
London-based biomaterials company Shellworks has raised $15 million in a Series A funding round led by Paris-based impact investment fund alter equity. The round also included participation from Nat Friedman (NFDG) and JamJar, founded by the creators of Innocent Drinks, alongside existing investors Founder Collective, LocalGlobe and Third Sphere. Founded in 2019, Shellworks develops and read more
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Spain’s PLD Space raises €180M to scale satellite launch infrastructure
International space transportation company, PLD Space, has closed a €180 million Series C equity funding round led by Mitsubishi Electric Corporation. The round included the Spanish Ministry of Science, Innovation and Universities, through the Centre for the Development of Technology and Innovation (CDTI) and its INNVIERTE fund, and the Spanish public funds management company COFIDES, read more
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UK self-driving startup Oxa raises $103M to scale industrial deployments
British self-driving startup Oxa has raised $103 million from investors to expand autonomous vehicle operations at ports, airports, warehouses and other industrial sites. The company said $50 million of its Series D funding came from the UK’s National Wealth Fund, with additional investments from chipmaker Nvidia’s venture arm NVentures and BP’s bp Ventures. The round read more
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Diligent AI raises $2.5M to support KYC and AML teams with AI agents
London-based Diligent AI, a Y Combinator-backed startup developing autonomous AI analysts for financial crime compliance, has raised $2.5 million in seed funding. The round was led by Speedinvest alongside fintech investor Shapers, with participation from strategic angel investors including the CEOs and founders of N26, Allica Bank, IDnow, Billie and Cybersource (acquired by Visa). KYC read more
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