Funding
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.
Lupa, the AI-native veterinary practice management platform, has closed a $4 million seed from top investors including firstminute capital, 2100 Ventures, and Vento by Exor Ventures. Other investors include top McKinsey, BCG, JP Morgan, Nexi, and NovaCapital angels. Lupa will use the new funding to accelerate product development and commercial expansion.
Global carbon ratings agency BeZero Carbon has announced a $32 million Series C investment round to enable carbon markets through ratings.
Workwize, a platform for global IT hardware asset management, has announced that it closed $13 million in Series A funding led by Klass Capital, with continued support from early-stage investors Peak and Graduate Entrepreneur Fund.
Global nature intelligence company, NatureMetrics, announces it has raised $25 million in Series B funding to rapidly scale its biodiversity monitoring solution. The funding round is led by Just Climate, alongside EDF Pulse Ventures, and the Monaco ReOcean Fund, with participation from existing investors 2150, BNP Paribas, Ananda Impact Ventures, and SWEN Blue Ocean.
LetsData, the real-time security radar protecting corporations and governments from the threats of information operations and synthetic identities, has raised a $1.6 million pre-seed round from SMOK Ventures, Wayra, the innovation hub of Telefónica, Tilia Impact Ventures (supported by InvestEU Fund), 1991 Ventures, Google’s Ukraine Support Fund, and Startup Wise Guys.
Synthesia, the enterprise AI-powered video communications platform, has announced the successful close of its $180 million Series D funding round. The round was led by NEA, with participation from existing investors including GV, MMC Ventures and FirstMark, and new backers including WiL (World Innovation Lab), Atlassian Ventures, and PSP Growth.
