Funding
UK founded wearable tech startup UNA Watch is preparing to take on industry giants Apple and Garmin after raising more than £200,000 in under 48 hours to launch the world’s first modular, fully repairable GPS sports watch.
Cardiff-based B Corp and sustainable money app, Zero, has raised £1.5 million in its latest funding round including crowdfunding via Crowdcube – surpassing its original crowdfunding target by 44%. This investment fuels Zero’s mission to transform everyday banking for the UK’s growing community of climate-conscious consumers, estimated at over 11 million under-35s.
CIBC Innovation Banking has announced that it has provided $10 million in debt financing to Sedna Communications, an Insight Partners-backed AI-powered workflow automation platform, which specialises in the global trade and supply chain market. The funding will drive AI innovation, expand platform integrations, and support sustainable growth to better serve Sedna’s customers.
Lumai, an AI accelerator startup using optics to address global computational challenges, has announced that it has secured more than $10 million in investment.
Whilst global elections and significant geopolitical upheaval created a challenging market for venture and growth capital in 2024, promising signs of recovery in Q4 suggest that 2025 could be a more productive year for the venture and growth market.
Ayan Capital, a fast-growing provider of halal vehicle financing, has secured up to £25 million in Shariah-compliant financing facility from institutional debt provider Partners for Growth (PFG), a global private credit firm with a strong 20-year track record of backing high-growth technology and fintech companies in more than 20 countries.
OpenAI has closed a $40 billion funding round, breaking the record of the largest private tech funding round.
Commody, a Lithuanian startup introducing a new way to co-own collectible and historic cars through a digital-first platform, has raised €500,000 in pre-seed funding.
UNA Watch, the tech startup taking on global tech industry giants like Apple and Garmin, has launched a Kickstarter campaign to fund the world’s first modular, repairable GPS sports watch.
Legacy Compass, a legacy-tech startup, has secured £60,000 in funding from Bethnal Green Ventures’ Tech for Good Programme.
Pophouse, the global entertainment and music investment firm co-founded by ABBA star Bjorn Ulvaeus, has hit a high note with the closure of its debut fund, Pophouse Fund I, securing over €1 billion. This achievement saw the firm reach its hard cap, positioning it among the largest first-time private equity funds raised in Europe in the past decade.
Isomorphic Labs, an AI-first drug design and development company, has raised $600 million in its first external funding round. The financing round is led by Thrive Capital, with participation from GV, and follow-on capital from existing investor, Alphabet.
WeeFin, the sustainable fintech that helps financial institutions manage their sustainability strategies, has announced a new round of financing totalling €25 million.
Marvel Fusion, the European fusion energy company, has announced the extension of its Series B funding round by €50 million, bringing the total round to €113 million. The extension includes new investments from EQT Ventures, Siemens Energy Ventures, and the European Innovation Council (EIC) Fund, marking their first fusion energy equity investment.
Phlux Technology, a UK startup in infrared sensor technology, has announced a £9 million Series A funding round. BGF led the round with funding from existing backers including Octopus Ventures, Northern Gritstone, and Foresight.
CADDi announces the closing of a $38 million Series C Extension led by Atomico. The round saw further doubling down of existing growth investors like Global Brain and Minerva Growth.
Burbank has announced its £5 million Series Seed financing to support the launch of its payments platform, Card Present over Internet (CPoI). The funding round was led by Mouro Capital with participation from Anthemis (supported by Foxe Capital), Portfolio Ventures, and others. These funds will accelerate the global roll out of Burbank’s platform.
Orli, a healthtech startup, has secured £60,000 in funding from Bethnal Green Ventures’ Tech for Good Programme.
n8n – the AI workflow automation platform for technical teams – has raised €55 million in Series B funding led by Highland Europe with participation from HV Capital and previous investors Sequoia, Felicis, and Harpoon.
Solus Power, a battery technology company, has announced the launch of its Series A funding round, with a target raise of £5 million to help fulfil the startup’s mission to revolutionise energy access across defence, security, and civilian sectors.
