Funding

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.

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.

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.

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.

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.

Creator Fund, the pre-seed VC fund that helps scientific founders turn research into deeptech startups, has announced an initial close of $41 million for its first European institutional fund.

Property management software Hospitable announced it has raised over $1.5 million in funding directly from its own customers and employees.

NGP Capital announced the results of its third, annual data-driven deep dive into the DACH startup ecosystem’s investment landscape. Comparing data from the 1 July 2024 to 30 June 2025.

Love Finance, the SME lender and broker, has secured £45 million in its first debt financing arrangement, enabling the company to expand its loan book and support more UK SMEs with fast and flexible business loans. The funding package comprises a £35 million Revolving Credit Facility (RCF) from FTSE 250 specialist lender, Paragon Bank, and a £10 million junior Medium-Term Note (MTN) programme from LGB Capital Markets.

OXCCU, the Oxford University spin-out developing a one-step process to convert waste carbon into sustainable aviation fuel, has raised £20.75 million ($28 million) in an oversubscribed Series B funding round.

Clarifeye, the platform enabling organisations to build expert AI agents at scale, has announced that it has raised a €4 million pre-seed round led by EQT Ventures. The round also includes participation from Drysdale Ventures, Olivier Pomel (CEO and founder Datadog), Jean-Luc Robert (ex-CEO Kyriba), Alexandre Berriche (Fleet), and other prominent angel investors.