Good news from around Europe
UK quantum startup QFX raises €2.2 million funding to expand its hardware platform Oxford-based QFX, a spin-out from the University of Oxford, has raised €2.2 million in a Seed funding round to develop modular hardware for quantum technologies, with applications spanning computing, sensing, and secure communications. The round was led
SoftBank-backed Robin AI cuts a third of staff after failing to close $50m fundraise Powered by WPeMatico https://sifted.eu/articles/robin-ai-cuts-a-third-of-staff/
Arson gang plotted to kidnap Revolut CEO, court hears Powered by WPeMatico https://sifted.eu/articles/arson-gang-plotted-to-kidnap-revolut-ceo-court-hears/
VCs think cybersecurity will be a big part of the new defence boom Powered by WPeMatico https://sifted.eu/articles/vc-cybersecurity-defence-europe-startups/
Synthesia rejects $3bn Adobe acquisition offer Powered by WPeMatico https://sifted.eu/articles/synthesia-acquisition-offer/
Can the UK’s new blueprint for AI regulation deliver? Powered by WPeMatico https://sifted.eu/articles/uk-ai-sandbox/
Kotcha powers up with €3.5M to scale AI coaching for runners France-based startup Kotcha, an AI-powered running coaching app, has raised €3.5 million to make high-quality coaching accessible to all runners. The round was led by Racine² (operated by Serena and makesense), with participation from TrueGlobal, Motier Ventures, and other
Mondra raises £10M to accelerate European expansion London-based Mondra, an AI-powered platform delivering product-level intelligence for supply chain resilience, has closed its Series A funding round, raising £10 million from investors including AlbionVC, Planet A, Swisscom, PeakBridge, Ponderosa Ventures, and Green Circle Foodtech Ventures. Volatile supply chains and rising climate
Lakestar calls time on generalist venture funds A prominent European VC firm, which has backed Revolut and Spotify, says it will not raise any new generalist VC funds, undertaking a “strategy shift” which will instead see it focus on raising returns from its portfolio companies such as Helsing and Neko Health.
Every Health raises €1.1M to build Europe’s first LGBTQ+ virtual clinic Every Health, Europe’s first virtual clinic dedicated to LGBTQ+ healthcare, has closed a €1.1 million Seed round. The platform offers digital care pathways, including testing, consultations, prescriptions, and medication delivery, serving queer communities and anyone seeking stigma-free health care.