Funding
Jack & Jill, the AI recruitment company, has raised $20 million in seed investment to build and expand in Europe and the United States. The round was backed by leading European early-stage firm, Creandum, as well as prominent VCs including Dig Ventures, Entrepreneur First, Ada Ventures, Firedrop, Repeat.vc, Episode1, Playfair, and over 75 high-profile angel investors, including Nico Rosberg, and from companies such as Lovable, Anthropic, and ElevenLabs.
Nila, the healthcare management startup helping expatriates care for elderly relatives back home, has closed an oversubscribed $2.4 million (£1.8 million) pre-seed round led by LocalGlobe. The investment enables Nila to scale its revolutionary care management platform which addresses the stress and challenges that accompany overseeing the health and wellbeing of older family members across borders.
UK cybersecurity startup Ploy has raised £2.5 million to address a growing security threat, with 93% of organisations suffering two or more identity-related breaches per year.
Caracol, one of Europe’s fastest growing deeptech companies and a pioneer in large-format robotic manufacturing, has announced the closing of its $40 million Series B round, co-led by Omnes Capital, Move Capital Fund I, alongside CDP Venture Capital – Large Ventures Fund, which played a key role as a catalyst for international investors.
Strawberry, the agentic browser with built-in, personalised AI companions, has announced that it has raised $6 million in funding, led by General Catalyst and EQT Ventures, with participation from founders of Lovable, Supabase, and Hugging Face.
Spex Capital, an early-stage investor tackling global healthcare challenges through innovative healthtech solutions, has announced the first €30 million commitment to its flagship €100 million Venture HealthTech Fund. The fund will invest globally in early-stage healthtech startups, from Seed to Series A/B, with investments of up to €5 million.
Maia Ventures, an early-stage AgriFoodTech fund, has launched its first fund of €55 million. It will back 20 to 25 companies, with initial ticket sizes ranging from €0.5 to 1.5 million. The fund is fully operational with six investments to date and is targeting a final closing in the coming months.
Each month, Zubr Capital shifts its focus from daily market activities to gain a macro view of Europe’s tech investment ecosystem. It’s not just about who raised new funding or exited, but about the underlying patterns that could indicate future trends. We found volumes remained steady while the market tone turned deliberate. Familiar themes remained strong, with a few gaining momentum and several new aspects coming into sharper focus.
Sitehop, the startup building UK sovereign encryption to future-proof networks against quantum-powered cyber attacks, has raised an additional £7.5 million led by Northern Gritstone, bringing the total raised to £13.5 million.
Attention.inc, the startup developing a desktop-native AI assistant that continuously learns from real workflows, has announced an uncapped $1.25 million pre-seed raise.
Dragonfly has announced the close of a £2.6 million pre-seed round alongside the public launch of its conversational AI tool. Founded in December 2024 by Zego alumni Sean King and Sven Sabas, the round was led by Episode 1, joined by Dreamcraft and Portfolio Ventures, with angel investors including QuantumBlack founder and CTO Sam Bourton, and Bolt founder and CEO Markus Villig.
The Royal Bank of Scotland (RBS) has revealed plans to launch the first IP-backed loans for high growth businesses in Scotland – allowing them to access vital funding using the value of their Intellectual Property as collateral, instead of traditional physical assets.
Cyberwave, the startup building the operating layer between AI agents and real-world machines, has secured a €7 million funding round led by United Ventures with participation from The TechShop.
Insurgent, a new venture studio, has officially launched to back startups building sustainable, purpose-driven businesses where commercial success, customer value, and planetary health align.
The UK and India-based medical travel startup, The Medical Travel Company (TMTC), has raised €3.8 million to bring a new full stack medical solution, offering UK patients world class and affordable treatments in India.
Datamonk, the agentic AI-powered platform automating medical imaging data migrations, has announced a total of €1.6 million in funding to address one of healthcare IT’s biggest challenges: moving and cleaning decades of medical imaging data.
Before providing a funding offer or as a prerequisite prior to payment, venture capitalists will usually conduct due diligence to confirm the details provided by the startup are correct. Whilst most founders understand the broad outline of the due diligence, there are several areas where there is often confusion and misunderstanding which can derail the funding round.
Tracxn has released its UK Tech 9M 2025 Report, capturing funding and investment activity across the United Kingdom’s technology ecosystem for the first nine months of 2025. The country ranked as the second highest-funded market globally, behind only the United States, with India and Germany following in the third and fourth positions respectively. The period reflected steady funding momentum, marked by billion-dollar rounds, notable sector surges, acquisitions, and IPO activity.
Oneleet, the all-in-one security compliance platform, announced that it has raised a $33m Series A round led by Dawn Capital, with participation from existing and new investors including Y Combinator, Frank Slootman (former CEO of Snowflake and ServiceNow), and Arash Ferdowsi (co founder of Dropbox).
55 North, the dedicated quantum technology venture capital fund, today announced the first close of its €300 million inaugural Fund I at €134 million, establishing its position as the sector’s largest pure-play quantum VC.
