Fundraising Rounds / Funding News

Amazon and Blinkit don't reward brands that guess. They reward the ones pricing, stocking, and bidding correctly, every hour, without fail. Most brands still can't do that, because they're running the whole operation on spreadsheets and gut feel. Kily wants to fix that with AI, and its investors clearly believe it can. Sorin Investments, the India-based early-stage venture capital firm, has led a 300 million rupees (US$3.14 million) round into Kily, an enterprise AI startup building for India's ecommerce and quick commerce brands. Razorpay and Wyser Capital joined the round too. The plan? Expand the AI software that's already helping brands compete on the country's fastes…

Dr Ameera Patel, CEO of TidalSense, couldn't get her own asthma diagnosed. That frustration, trying to get a straight answer about her own lungs and not getting one, is reportedly what pushed her to build the company she now runs. For millions of people living with chronic lung disease, getting a diagnosis can be frustratingly slow. In many cases, the technology used to detect chronic obstructive pulmonary disease (COPD) has barely evolved for decades. That's exactly the problem TidalSense is trying to solve, and investors are backing its mission. The Cambridge-based healthtech startup, founded in 2013, has secured £14.2 million ($19 million) to accelerate the rollout of …

Not every funding story involves raising fresh capital. Sometimes, the biggest signal of a company's health is what investors are willing to pay for shares that already exist. That's exactly what Moneybox has demonstrated after completing a £45 million secondary share sale, lifting the London fintech's valuation to approximately £800 million. The transaction was completed through the London Stock Exchange's Private Securities Market (PSM), using the UK government's new PISCES framework, short for the Private Intermittent Securities and Capital Exchange System, with Crowdcube managing both the buy-side and sell-side process. The £800 million figure marks a 45% increase fro…

Building a world-class AI startup in the UK has never been the problem. Scaling it before better-funded competitors catch up often is. Unrelated to the actual Trojans, but Odyssey Ventures picked a strong week to be in headlines, right alongside Matt Damon's Odysseus trying to get home. This one's a much shorter, less mythical journey, mostly term sheets, not Cyclopes. That's the challenge British Business Bank hopes to tackle after committing £10 million to Odyssey Ventures' early-stage fund, Odyssey Discovery I, through its Regional Angels Programme, launched in 2019 to address regional imbalances in access to early-stage equity finance. The investment will support UK …

Trashset MedAi, developed by Trashset Technology Pvt. Ltd., is an AI-powered healthcare platform designed to transform healthcare delivery. The platform integrates telemedicine, EHR/EMR, patient management, and AI-assisted clinical decision support into a scalable digital healthcare ecosystem. Our AI model was trained and evaluated using European clinical datasets. According to our internal benchmarking, the model achieved 94% accuracy on the healthcare-specific evaluation tasks we tested, more than ChatGPT, Claude, IBM Watson MedPalm, and other healthcare models. These results are based on internal benchmarking and require further clinical validation and regulatory revie…

If you asked me a few years ago whether another social media app could compete with Instagram or TikTok, I'd probably have laughed. I'm an active Instagram user myself, and living in the Philippines, where people spend some of the longest hours on social media anywhere in the world and even the country has been tagged as the "The Social Media Capital of the World", it's impossible not to notice just how much our daily lives revolve around these platforms. Whether it's keeping up with friends, buying products, discovering restaurants or simply passing the time, social media has become part of everyday life. But it's also becoming exhausting. That's where Yope believes it h…

Innovation doesn't always come from billion-pound research labs. Dictionaries & Encyclopedias Sometimes, it comes from people solving problems they simply can't afford to ignore. That's one reason Ukraine has become one of Europe's most closely watched defence tech ecosystems. While the circumstances are far from ideal, startups there have spent years building technologies that are tested in real-world conditions, not just in controlled environments. Investors are beginning to recognise that difference. Resist.UA is the latest to double down on that belief with the launch of Resist 2.0, a new European investment fund targeting up to €50 million in capital commitments.…

No founder starts a business because they love compliance. It's probably one of the last things on anyone's mind. You're focused on finding customers, launching products, hiring your first employees, and hopefully generating enough revenue to keep growing. Until one day, compliance catches up with you. A new regulation appears. An investor asks questions. A customer requests proof of your policies. Suddenly, what felt like a small administrative task becomes a business-critical priority. That's why I think Kalipso's $3.2 million funding round is more important than it might first appear. The company is building RegTech that uses AI to turn complex regulatory obligations i…

I'll admit it. Coffee gets me through the day. Whether I'm writing articles, managing projects, or juggling a busy schedule, that first cup in the morning isn't really optional. And if I'm being honest, there's usually a second one not long after. The energy boost is great... until the crash reminds me I've probably had one cup too many. That's why Nous immediately caught my attention. The Italian startup has secured €2.315 million in seed funding to commercialise Koncentra, a botanical functional ingredient designed to support energy, focus, and mood without relying on caffeine. For anyone following FoodTech Innovation, this is exactly the kind of breakthrough worth watc…

Some startups build products. Others build movements. I think Risk Ledger is trying to do the latter. Instead of asking organisations to tackle cyber threats alone, the London startup has spent the past eight years building a network where businesses strengthen one another by sharing security intelligence. As cyberattacks become more sophisticated and supply chains grow more connected, that approach feels increasingly relevant. Now the company has secured £24 million in Series B funding to accelerate its next chapter. For those of us following the UK's startup ecosystem through Startup Networks, this feels like more than another investment announcement. It's a strong sign…

After spending almost a decade working alongside contractors, dealers, and project managers in the construction industry, I've learned one thing. The biggest delays don't always happen on-site. More often than not, they happen before the work even begins. Someone is chasing supplier quotes. Someone is negotiating prices. Someone is waiting for a callback that should've happened hours ago. It sounds like a small issue until you're the one trying to keep a project moving. That's exactly why Prolo's £4.2 million seed funding round caught my attention. At Startup Networks, we cover plenty of startups using artificial intelligence, but Prolo feels different. It's applying AI i…

This UK Biotech Just Raised £600K to Target Cancer Proteins Once Thought UntreatableFor decades, some of the proteins that help cancer grow have been labelled "undruggable," leaving researchers with few ways to stop them. That's the challenge Revolver Therapeutics is taking on. The UK biotech startup has raised £572,000 in a funding round led by QantX to advance its peptide-based therapies, which are designed to block transcription factors, proteins that help cancer cells grow, survive, and resist treatment. It's the kind of challenge that feels incredibly ambitious, but those are often the ideas that lead to the biggest breakthroughs. Rather than relying on conventional …

A New Challenger to Lithium-Ion? TaiSan Secures £4.7M Funding to Scale Sodium Batteries Lithium-ion batteries have powered everything from smartphones to electric vehicles for years, but one UK startup believes there's a better alternative waiting in the wings. TaiSan, a battery technology startup, has raised £4.65 million in funding co-led by Eos Advisory and the Midlands Engine Investment Fund II through Mercia Ventures to accelerate the development of its solid-state sodium-ion batteries. I've always found battery technology fascinating because it's one of those innovations that quietly shapes our everyday lives, even if we rarely think about it. What really caught m…

€8M Bet on Video Games: How One UK Startup Is Powering the Next Generation of AI Did you ever imagine that the future of AI might not be built on internet data alone, but on video games?That’s the vision behind Worldmodeldata, a Cambridge-based AI startup that has emerged from stealth with €8 million (£7 million) in Seed funding led by Iona Star Capital. The company is building a massive library of video game-generated training data to power the next generation of world models and physical AI. As someone who grew up playing video games, I never would have imagined that the hours spent exploring virtual worlds could one day contribute to advancing AI. Founder and CEO Rhea …

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London-based Encord Raises €50 Million to Support Next Phase of Physical AI Deployment: Revolutionizing the Future of AI As the world moves towards a more technologically advanced future, the demand for Artificial Intelligence (AI) is growing rapidly. In response, London-based startup Encord has raised €50 million in Series C funding to support the next phase of physical AI deployment. With this investment, Encord aims to accelerate product development, expand into new markets, and scale its AI-native data infrastructure platform. Encord’s mission is to revolutionize the future of AI by providing a universal data layer for AI teams. The platform helps these teams manag…

With Half of Chronically Ill Patients Failing to Take Medications Correctly, Oska Health Secures €11 Million for Personal Health App Introduction Chronic diseases are a major issue in healthcare systems worldwide, with millions of people struggling to manage their conditions and maintain their health on a daily basis. In light of this, Oska Health, a Frankfurt-based startup, has raised €11 million in Seed funding to address the gaps in care for high-risk, chronically ill patients. By combining personal health coaches with AI technology, Oska Health aims to provide continuous, personalized care for those living with chronic diseases. Key Takeaways Oska Health, a hyb…

Amsterdam's Sparqle Raises €1.5 Million with EU Backing to Revolutionize Emission-Free Delivery Across Europe Amsterdam, known for its picturesque canals and bicycles, is also home to innovative startups like Sparqle. The sustainable delivery network has recently secured €1.5 million in funding, including support from the European Union, to expand its emission-free logistics infrastructure across Europe. Founded in 2022 by Tim van Alphen and Ruurd Tjeerdema, Sparqle aims to create a logistics ecosystem that combines sustainability with performance and customer satisfaction. With a focus on modern e-commerce, the company is currently active in the Netherlands, Belgium, …

EV startup Einride raises $113m ahead of SPAC listing in New York The electric vehicle (EV) market is booming, and innovative startups are leading the way in revolutionizing the transportation industry. One such company is Einride, a Swedish autonomous trucking startup that has just announced a major funding round of $113 million. This news comes as Einride prepares for a SPAC (special purpose acquisition company) listing on the New York Stock Exchange, making it the latest EV startup to go public. Einride's impressive funding round was led by new investors Temasek, Soros Fund Management, Northzone, and Maersk Growth, along with existing investors including EQT Venture…

German Municipalities Can Make a Big Impact on CO2 Emissions with the Help of Ark Climate and €2.1 Million in FundingThe fight against climate change is becoming increasingly urgent, and cities and municipalities play a crucial role in reducing emissions. In Germany alone, municipalities have the potential to cut over 100 million tonnes of CO2e, accounting for 16% of the country's total emissions. Munich-based startup Ark Climate is on a mission to support these efforts and has recently raised €2.1 million in pre-Seed funding to further develop their software platform and expand their presence in the German market. Led by Climate Tech VC Satgana, the round was also joined…

Taster Founder's UK FinTech Startup Alpa Raises €2.9 Million to Build the Financial Operating System for Hospitality The hospitality industry has always been known for its thin profit margins and reliance on monthly financial data. However, a London-based FinTech startup, Alpa, is looking to change that with its innovative financial operating system. Recently, the startup announced it has raised €2.9 million in pre-seed funding to strengthen its product and engineering capabilities. Introduction: Alpa's mission is to bridge the gap between the operational complexity of the hospitality industry and its financial visibility, which is often delayed and fragmented. With th…

German AI FoodTech startup Foodforecast raises €8 million to tackle ultra-fresh food wastage Food waste is a major issue in the food industry, with approximately 30,000 tons of fresh food being wasted every day in Europe alone due to inaccurate demand planning. This not only has a negative impact on the environment but also on the profitability of businesses. However, one German startup is on a mission to change this and make the food industry more efficient and sustainable with the help of AI. Foodforecast, a Cologne-based AI FoodTech startup, has recently announced that it has raised €8 million in Series A funding. The round was co-led by SHIFT Invest and ECBF, with …

London-based Dwelly revolutionizes the rental market with a new AI-driven platform, securing over €79.3 million in funding to expand operations across the UK. Introduction: The rental market in the UK is a highly lucrative but fragmented industry, with over 20,000 firms operating and the top 100 accounting for less than 30% of the market. But Dwelly, a London-based property management platform, is set to change that. With the help of AI technology, Dwelly aims to streamline the entire letting process, from matchmaking between tenants and landlords to maintenance coordination and rent collection. And with a recent funding of over €79.3 million, the company is well on its …

UK DeepTech startup BeyondMath raises €8.4 million to expand generative physics research BeyondMath, a London-based DeepTech company, has recently announced the closure of an impressive €8.4 million Seed extension. The company, which is focused on developing a generative physics model, plans to use the funding to double its headcount and expand globally. This latest round brings the total investment raised by BeyondMath to €15.7 million and was led by Cambridge Innovation Capital, with participation from existing investors UP.Partners, Insight Partners, and InMotion Ventures. The company's CEO, Alan Patterson, stated that BeyondMath's goal is to provide engineering tea…

Sweden's Flox Intelligence Raises €2.5 Million to Become a "Digital Shepherd" Guiding Wildlife Away from Danger In today's fast-paced world, human-wildlife conflict is becoming an increasingly pressing issue. As humans continue to expand their living spaces and transportation systems, wild animals are pushed closer to urban areas and face increased risks of collisions and disruptions. In response to this problem, Sweden's Flox Intelligence is revolutionizing the way we protect and coexist with wildlife. Flox Intelligence, a wildlife intelligence company founded in 2020, has recently announced a successful €2.5 million ($3 million) Seed+ round to accelerate deployments …

Germany’s FLEXOO, whose tech is used in NASA’s lunar rover, raises €11 million to scale physical AI In the fast-paced world of technology and innovation, startups constantly strive to push the boundaries and create cutting-edge solutions. One such startup, FLEXOO, has recently made headlines with its groundbreaking physical AI sensor technology. The Heidelberg-based DeepTech company has just announced the closing of its €11 million Series A funding round, led by eCAPITAL and AUMOVIO. This significant investment is set to propel FLEXOO's global business and scale its physical AI sensor platform for the battery storage and automotive industries. Let's take a closer look a…

Axelera AI Raises $250 Million in Funding Round Axelera AI, a startup that specializes in artificial intelligence (AI) chips, has recently announced a successful fundraising round of $250 million. This significant investment will allow the company to further develop its cutting-edge technology and take on industry giant Nvidia in the highly competitive AI chip market. With this new injection of funds, Axelera AI is poised to make a major impact in the world of AI and potentially disrupt the current market leader. The Rise of Axelera AI The current landscape of AI chips is dominated by Nvidia, which holds a 60% market share in the data center AI chip market. However, Axe…