Funding

OpenAI valued at $300Bn after $40Bn funding round

OpenAI has closed a $40 billion funding round, breaking the record of the largest private tech funding round.

Commody raises €500K to make collectible car ownership accessible

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 launches Kickstarter to fund repairable sports smartwatch

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 secures £60K from Bethnal Green Ventures’ Tech for Good Programme

Legacy Compass, a legacy-tech startup, has secured £60,000 in funding from Bethnal Green Ventures’ Tech for Good Programme.

WeeFin announces €25M financing round to accelerate international growth

WeeFin, the sustainable fintech that helps financial institutions manage their sustainability strategies, has announced a new round of financing totalling €25 million.

Money, Money, Money: ABBA star’s investment firm secures €1.2Bn

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 secures $600M to develop next-gen AI drug engine

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.

Phlux Technology secures £9M to scale its noiseless InGaAs IR Sensors

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.

Marvel Fusion extends series B to €113 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.

CADDi raises $38M Series C extension

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 secures £5M in series seed funding to launch CPoI

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.

Healthtech AI startup Orli secures £60,000

Orli, a healthtech startup, has secured £60,000 in funding from Bethnal Green Ventures’ Tech for Good Programme.

Highland Europe backs AI workflow automation platform

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.

UK defence tech startup announces Series A funding round

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.

Nerdio secures $500 million in Series C investment

Nerdio, the automated End-User Computing (EUC) platform transforming how organisations deploy and manage Microsoft Cloud technologies, has signed a definitive agreement for a $500 million minority investment from General Atlantic, a global growth investor, with participation from Lead Edge Capital and StepStone.

Novatron Fusion Group closes funding round

Novatron Fusion Group (NFG) is pleased to announce the successful closing of its Series A1 funding round. This achievement is further enhanced by a new strategic long-term industrial partnership with lead investor and new board member St1, marking a new chapter in the journey toward commercial fusion energy.

Perci Health and Macmillan Cancer Support partner to reduce gaps in care for people with cancer

Perci Health has received an investment of £295,000 from Macmillan Cancer Support to help more people with cancer get the personalised care they need.

Page raises $4.1M to grow AI external relations platform

Page, the AI-powered external relations platform based at Velocity, the startup incubator at the University of Waterloo, has successfully closed $4.1 million in seed funding to expand its services into the US and UK markets.

Dos and don’ts of grant applications

Grant funding is one of the most powerful, yet underutilised, tools for business growth. It provides non-dilutive capital – allowing businesses to innovate, scale, and drive economic impact. However, the competition can be fierce, and success depends on far more than just meeting the eligibility criteria. The most successful applications look at a grant as an investment – funders want to see a return, whether in innovation, job creation, or industry advancement.

Global Work raises $1.25M to combat unemployment with AI

Global Work, a startup dedicated to reshaping the future of work, has raised $1.25 million in pre-seed funding to enhance its AI-powered platform, which provides personalised support and automation for every specialist looking for a new job.