Kumulus Water, the watertech startup that is transforming air into clean drinking water, has successfully raised €3.1 million in seed funding.

Nordic Foodtech VC, an early-stage investor based in the Nordics, has announced the first closing of its second fund at €40 million. The final target size for the fund is €80 million.

Startups that secure venture capital (VC) funding exclusively from abroad risk devaluing their startup, according to new research by emlyon business school.

Swiss healthtech company Aeon has closed a €8.2 million seed round, as it builds the world’s most advanced platform for early detection and preventive healthcare. The round was led by London-based VC Concentric, with participation from Calm/Storm Ventures, GoHub Ventures, Kadmos Capital, EWOR, and Swiss super angel investor Daniel Gutenberg, known for backing 12 unicorns, including AirBnB, Facebook, and SumUp.

Latent Technology, the game technology company focused on AI-driven physical animation, has closed an $8 million seed funding round co-led by AlbionVC and Spark Capital.

AI-powered fintech, Aibidia, has closed its Series B funding round at $28 million to expand its tax technology operations into the US market.

Lendorse, the Berlin-based startup removing financial barriers for driven international students, has raised €1.75 million in a funding round co-led by LUMO Labs and Soulmates Ventures, with participation from PI Impact and angel investor Daniel Naber.

Swiss healthtech Aeon has closed a €8.2 million seed round, as it builds the world’s most advanced platform for early detection and preventive healthcare.

Guardz, the cybersecurity company empowering Managed Service Providers (MSPs) and IT professionals to protect small and medium-sized businesses, has raised $56 million in Series B funding led by ClearSky, with participation from new investor Phoenix Financial and existing investors Glilot Capital Partners, SentinelOne, Hanaco Ventures, iAngels, GKFF Ventures, Lumir and others.

ReSpo.Vision has raised €4.2 million in its latest funding round. The investment will accelerate the company’s mission to reshape how fans experience football and how broadcasters, leagues, and federations deliver it – by bringing unprecedented insight and immersion to the game.

Pactum announces its Series C fundraise of $54 million. This round, led by global software investor Insight Partners, brings the company’s total funding to date to more than $100 million and will help bolster enterprise procurement with agentic AI solutions that work alongside humans to negotiate and close supplier deals at scale. 

Northern Gritstone has announced a commitment to invest £1.8 million into Apini, a small molecule drug development programme being advanced by Syncona’s accelerator Slingshot Therapeutics.  

Mobito, a Brussels-based mobility data analytics platform, has secured €1 million in funding to enhance its technology infrastructure and expand its footprint across Europe.

Q5D has raised $13.5 million in funding to advance its robotic cells that automate product electrification, bringing its total funding to $16.7 million. This new funding includes a $2.6 million grant (£2.0 million) from Innovate UK and a $10.9 million Series A co-led by existing investors, Lockheed Martin Ventures, Chrysalix, and Maven SWIF, with other investment from SOSV, UKI2S, UntroD, and CPI Enterprises.

Nova has raised €3.2 million in a funding round led by CDP Venture Capital, through the ServiceTech segment of its Corporate Partners I Fund. The round also saw participation from BY Venture Partners and angel investors from the Doha Tech Angels network.

OpenTrade has announced it raised an additional $7 million in strategic funding led by Notion Capital and Mercury Fund, with participation from existing investors AlbionVC, a16z crypto, and CMCC Global.

Abacum announces that it has raised a $60 million Series B round led by San Francisco-headquartered Scale Venture Partners.

Perci Health, the UK’s most comprehensive virtual cancer clinic, has successfully raised a total of £7.7 million funding, after closing a new £3 million round, doubling the original £1.5 million target.

Multiverse Computing has developed CompactifAI, a compression technology capable of reducing the size of LLMs (Large Language Models) by up to 95% while maintaining model performance. Having spent 2024 developing the technology and rolling it out to initial customers, the company has announced a €189 million ($215 million) investment round.

Work AI leader Glean has announced it raised $150 million in Series F financing, bringing its valuation to $7.2 billion.