Funding

Miros, the visual AI e-commerce search solution, has raised a €6 million pre-Series A investment led by EBRD Venture Capital and Tera Ventures. Former Estonian President Toomas Hendrik Ilves also participated in the round as an Angel Investor. Miros will use the funding to enhance R&D, further develop the technology, and expand market reach. To date, the company has raised €8 million.

Ampd Energy, a global energy industry innovator and manufacturer of the Enertainer and Ampd Silo battery energy storage systems (ESS) for heavy industries, has announced that it has raised $27.3 million in an oversubscribed Series B funding round.

Finnish technology company Quanscient, working in cloud-based multiphysics simulation technology and quantum algorithms, has announced its new growth funding of €5.2 million.

Broswarm, a defence tech startup specialising on mine detection, has secured €800,000 in funding from ScaleWolf, a hybrid accelerator and fund for defence tech. This funding will accelerate the development of Broswarm’s proprietary X-Ray Eagle sensor, which enhances mine detection by providing clear, 3D visualisations from up to 10 metres above ground.

iFAST Diagnostics, a UK diagnostics company, has announced the successful close of its $6.5 million (£5 million) seed round.

DUKE Distribution, a provider of specialist transport and trackway installation services, has secured a debt finance funding package from the Midlands Engine Investment Fund II.

Business leaders forecast massive gains from AI but are delaying implementation due to the ‘ambiguity trap’ created by a changing and fragmented legal and regulatory landscape.

Yazen Health, the healthcare platform dedicated to combating obesity with modern weight loss medication and lifestyle changes, announced today the successful closing of an oversubscribed €19.5 million Series A funding round. With this funding, the company strengthens its position as a pioneer in obesity treatment and sets its sights on international expansion.

OptimallyMe, an innovative health optimisation startup, has secured investment from The Players Fund, the UK’s first athlete-led venture capital firm.

Kuberno, the global legal entity management SaaS provider, has closed on an additional £6 million of financing from Nasdaq Ventures and Barclays, concluding its Series A round with £9.5 million of total capital raised.

Neara, the AI-powered predictive modelling platform for critical infrastructure, has announced a €28 million Series C funding round. The round was anchored by a consortium led by EQT (a global investment organisation), with participation from Partners Group (one of the largest firms in the global private markets industry), and Square Peg Capital (one of the company’s earliest investors), with additional support from existing investors Skip Capital and Prosus Ventures.

3D animation software company Swoove Studios has closed a $7.5 million seed funding round led by European angel investors.

Verax AI, a developer of enterprise-grade software solutions that provide visibility and control of AI in production, announced today that it secured $7.6 million in seed funding led by TQ Ventures and with participation from Concept Ventures, Cardumen Capital, Seedcamp, InMotion Ventures, and XTX Ventures.

Emidat, the provider of environmental data solutions for the construction industry, has announced a €4 million seed funding round led by General Catalyst. This funding will enable Emidat to support the construction industry to reduce the environmental footprint of the whole built world, starting with a revolution in the labelling of every single building material.

Bendi, the AI-driven platform that helps businesses manage and mitigate business disruption, sustainability challenges and reputational risks in their supply chains, has announced it has raised $1.04 million in pre-seed funding.

Auquan, an AI innovator for financial services, has announced a $4.5 million addition to its seed round, led by Peak XV with continued participation from Neotribe Ventures, bringing total seed funding to $8 million.

Legacy Compass launches a new crowdfunding campaign to help kick-start its mission to redefine end-of-life planning and support. Harnessing the power of story-telling through an innovative online platform, this Legacy-Tech startup can streamline and unburden end-of-life planning for individuals and families.

Semble, an integrated clinical system and innovator in healthtech, has raised $15 million in a Series B funding round led by Mercia Ventures, with participation from Octopus Ventures, Smedvig Ventures and Triple Point.

Dojo, a payment technology provider, has announced a major milestone in its mission to support SMEs across the UK. Through its long-standing partnership with global embedded financing platform YouLend, Dojo has extended over £1 billion in flexible funding since 2020.

Origin, a defence technology company specialising in advanced autonomous systems, has closed €4 million in financing. The funding comprises €2.4 million in venture capital, led by Change Ventures with participation from Silicon Roundabout Ventures, and €1.6 million in EU grants and support from the Latvian Ministry of Defence.