Good news from around Europe
The eastern frontier is Europe’s new critical deeptech engine Today, Coinvest Capital, the NATO Innovation Fund (NIF), Depo Ventures, BSV Ventures, Balnord, and New North Ventures — six VC funds actively investing in dual-use and defence — together with market-intelligence platform Dealroom, unveil the inaugural Tough Tech by the Tough
London and New York-based Model ML raises $75M An AI automation platform for the financial services industry, founded by two brothers, has raised $75m in a Series A funding round. The funding round in London and New York-based Model ML was led by FT Partners with participation from Y Combinator, QED, 13Books, Latitude
Social Links raises $3M to boost AI digital risk protection Netherlands-based Social Links has secured $3 million in follow-on funding to advance the development of next-generation tools that help organisations protect their brands, assets, and personnel in an AI-driven risk environment. The investment is led by Yellow Rocks!, which has
Revolut valued at $75BN, with Nvidia and A16z joining investor roster Revolut has been valued at $75bn, following a secondary share sale, which saw Nvidia and US blue-chip VC firm Andreessen Horowitz invest in Europe’s most valuable private tech firm for the first time. The round was led by Coatue, Greenoaks,
Onstage launches new early-stage venture fund Onstage, an organiser of standalone demo events in Europe, announced the launch of its first venture fund, with an initial close of £10 million. The fund is intended to support European founders at the pre-seed and seed stages and will be led by founding
London’s BKN301 Group secures €32 million and acquires Planky to strengthen its AI-driven fintech architecture BKN301 Group, a British FinTech architecture provider, has raised a total of €32 million (£29 million), combining a recent €21 million Series B round (as covered by EU-Startups) with a newly secured credit facility from
Britain’s HubBox collects €6.8 million in growth funding as demand rises for pickup-point delivery options London’s HubBox, the provider of out-of-home (OOH) delivery software for e-commerce retailers, has raised €6.8 million (£6 million) in a round led by growth capital provider Puma Growth Partners. Sam Jarvis, CEO of HubBox, comments:
After facilitating €567 million in follow-on funding, Britain’s Onstage introduces debut €11.3 million fund Onstage, the London-based organiser of standalone demo days, has launched its first venture fund – Onstage Fund I – with an initial close of €11.3 million (£10 million) and a mission to bolster pre-Seed and Seed
Model ML raises €65 million as its AI beats McKinsey and Bain benchmarks with under-3-minute output checks London’s Model ML, an AI workflow automation platform for financial services, today announced a €65 million ($75 million) Series A financing in order to accelerate its global expansion and deepen its AI workflow-automation
From wetlands to wardrobes – British FashionTech startup Ponda raises over €2 million for sustainable fashion innovation Ponda, the Bristol-based biomaterials company pioneering regenerative-material supply chains, today announced the close of a €2.09 million Seed funding round to commercialise its flagship insulation, BioPuff. The oversubscribed round was co-led by Faber