Paloma Health, the AI-enabled healthtech startup reducing wait times for access to critical NHS health services, has raised £2 million in a pre-seed round. The round was led by Triple Point Ventures, with co-investors Heal Capital and expert angels, including Pam Garside, Co-Chair Cambridge Health Network, and James Allgrove, ex-Stripe. The funding will support the roll-out of Paloma Health’s first NHS service providing access to children and young people’s autism assessments in under four weeks.  

iwoca, one of Europe’s largest SME lenders, has announced a new £200 million package of debt funding from Citi and Waterfall Asset Management and doubles its SME loan offer ceiling to £1 million.

Precision solutions provider Cogna, which uses AI-powered software development to address complex business inefficiencies across critical industries, has raised $15 million in series A funding.

It all seems to make perfect sense: when you manage, after a global crisis, to reinvent how organisations furnish their spaces – preserving cash flow while helping them meet regulatory, environmental, and social obligations – you should also be able to envision an entirely new way to fuel your ambitions.

Forefront RF, a fabless semiconductor company based in Cambridge, UK, announced the closure of its £16 million Series A funding round, backed by existing investors BGF and Foresight Group, alongside new VC partners, Octopus Ventures, and Cambridge Innovation Capital. This infusion of capital supports Forefront RF's mission to redefine how mobile devices manage complex RF environments, expanding possibilities for connected devices worldwide.

Solar developer software, Glint Solar, has announced an $8 million Series A funding round led by Smedvig Ventures with participation from Momentum, Futurum Ventures, Antler’s Nordic fund, and later stage fund, Elevate.

AllFocal Optics, the deeptech startup pioneering nanophotonic lens technology for always-in-focus images, has announced fresh $5.3 million funding, comprised of a $3.6 million (£2.8 million) equity raise, led by SpeedInvest, and Innovate UK grants.

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.

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.

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

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.