Funding
When Fajer Mushtaq turned on the tap as a child in Delhi, one question always loomed: was the water safe? Today, that same question haunts communities worldwide as PFAS – toxic “forever chemicals” used in everything from non-stick pans to firefighting foam – contaminate water supplies at an alarming rate. Today, Swiss startup Oxyle has announced a $16 million funding round to scale its breakthrough solution to destroy, not just relocate, PFAS from wastewater. This builds on its $3 million pre-seed round in 2022, growing support for its mission.
Sports-focused investment company APEX, backed by professional athletes, has announced its strategic investment in Baller League. The concept is a trailblazing 6-a-side football competition that merges the worlds of street football and internet influencers in an innovative fusion of sport and entertainment.
Molten Ventures has announced its participation as a co-lead investor in the $5.5 million seed funding round for Sightline, a market intelligence platform powering the transition economy.
Swedish startup Adsorbi, a research-based spinout from Chalmers University of Technology, has raised €1 million in funding from Metsä Spring, Chalmers Ventures, Jovitech Invest, and a grant from Sweden’s Innovation Agency for its cellulose-based air purification material.
Three London-based startups have won funding after pitching their ventures to a panel of business leaders in Deliveroo’s annual Big Pitch event.
BOW, the universal robotics software company, has announced closing a £4 million seed round. The round was led by Northern Gritstone, the investment business focused on science and technology businesses in the North of England, with co-investors Finance Yorkshire and Praetura Ventures as part of the Northern Powerhouse Investment Fund II.
Forest, one of Europe’s most innovative shared bike operators, that last year submitted a tender to operate e-bikes in Paris, has secured £13 million in the first close of its Series B round, including a facility of up to £10 million in Asset-Backed Finance from Fintex Capital.
Atelerix, a Newcastle University spinout that is transforming the way that biosamples essential for drug discovery and pharmaceutical research are stored and transported, has raised £750,000, with participation from ACF Investors and biotech specialist investors o2h Ventures, bringing the year’s total funding to £1.25 million.
TravelPerk, the business travel platform, has announced a new Series E fundraise of $200 million. The investment is led by European venture capital firm Atomico, alongside EQT Growth, with significant participation from Noteus Partners and existing investors, including Kinnevik and General Catalyst. The oversubscribed round nearly doubles TravelPerk’s valuation to $2.7 billion.
Every company today faces mounting pressure to deploy AI, but most solutions fall short on reliability and cannot handle complex, critical workflows.
International law firm Herbert Smith Freehills has advised Streambased, a specialist in streaming data analytics and management, on its $2.7 million in seed funding led by Elaia. Other backers include Seedcamp, TKM, and First Momentum as well as industry expert angels. This funding round will go towards hiring and R&D to expand their tech capabilities.
Cyclic Materials has announced a $2 million investment from InMotion Ventures, the investment arm of Jaguar Land Rover (JLR). This latest backing lifts the company’s Series B round to $55 million, underscoring its critical role in advancing sustainable supply chains for the automotive industry and beyond.
Monzo, the digital bank with more than 11 million customers – including over 500,000 business customers – announces it is collaborating with Enterprise Nation to launch a new competition that will put much-needed startup capital into the hands of three winners.
ENAPI has announces it has raised €7.5 million in a Seed funding round. The round was led by VC firm Voyager Ventures, with participation from existing investors Project A, Seedcamp, and Helloworld VC.
Trapped ions have been one of the most powerful approaches in quantum computing, demonstrating world-record performance, long coherence times and long-range connectivity.
Glox Therapeutics, a company pioneering the development of precision antibiotic therapies based on naturally occurring bacteriocins, today announces it has been awarded a share of the £3 million Collaborative Discovery Programme (CDP) launched by the Cystic Fibrosis Antimicrobial Resistance (CF AMR) Syndicate with funding from the medical research charity, LifeArc.
Vizgard, an AI software company, has secured £1.5 million in an oversubscribed funding round led by Sure Valley Ventures (SVV), with participation from Midwich Ignite and Focal.
Fusebox, an Estonian startup and flexibility provider in the Baltic states, has secured €2.6 million in funding to accelerate its expansion across Europe. The investment, led by Soulmates Ventures with participation from SmartCap and existing shareholders Eneco Ventures and PKO Bank, will fuel Fusebox’s growth, enabling the company to enhance its SaaS offering, hire new talent, and scale its presence in the EU energy market.
ecoplanet has completed a €16 million Series A funding round led by EQT Ventures, with continued support from HV Capital and additional market experts.
Fundment has announced it has raised £45 million in Series C led by Highland Europe. The new funding, including participation from ETFS Capital, will be used to invest in product development, scaling the team and future expansion.
