Investors and funding

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Biolevate raises €30M Series A and opens Boston office for its life sciences AI

The Paris-based company Biolevate, which develops AI automation for use in regulated life sciences, has raised €30m in its Series A funding and has opened an office in Boston. Orange Ventures and RAISE France co-led the fundraising exercise, with the company stating that RAISE France is the investment arm of Aymar Hénin, a French entrepreneur. […]

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Morphotonics raises more than €40M to scale waveguide manufacturing for AI glasses

Morphotonics, a Brainport-based manufacturer of large-area nanoimprint lithography equipment, has raised over €40 million in a Series B funding round. The Veldhoven company plans to use the money to boost production of machines that make waveguides for AI glasses and augmented reality headsets. Previous investors 3M Ventures, Innovation Industries, and BOM increased their commitments, while […]

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Finnish AI cloud company Verda raises $189M and it is now the latest unicorn in Europe

Verda, an AI cloud company headquartered in Helsinki and previously called DataCrunch, has raised $189M to increase its computing capacity and develop its platform; the funds came from a Series B round led by Emergence Capital, which was oversubscribed, with additional investment also provided. The company states that this funding round has made it the […]

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Palantir, Goldman Sachs and One Peak alumni raise €5M pre-seed round to build a tech-native audit firm

For two decades, the standard way to modernize auditing has been to build software and sell it to auditors. Benford has decided to skip the middleman and become the auditor. Today, the Oslo- and London-based company Benford announced it has raised €5 million in pre-seed funding to build a tech-focused financial audit firm. The company […]

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Corridor launches with $25m to fix health benefits for small businesses

“For decades, small businesses have been sold the leftovers of the health insurance market,” said Nikhil Aggarwal, chief executive and co-founder of Corridor. His company launched its AI benefits brokerage on Monday with $25m. Its plan is to change that with agents. Bain Capital Ventures led the round. BoxGroup and Definition Capital took part. So […]

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Amber Electric raises €49m to take home battery automation to Europe

“We’ve built a leading energy automation platform in Australia, and this investment gives us the backing to build on that leadership globally,” said Chris Thompson, co-founder of Amber Electric. The Melbourne company has raised €49m in a Series E round, Morgan Stanley Investment Management said on Monday. 1GT led the round. It is the private […]

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Oura’s IPO seeks $2.2bn, and 73% of it goes to existing shareholders

Oura spent the first nine months of its financial year buying its own shares back from its investors. On Monday it started selling them to everybody else. The Finnish smart ring maker launched its initial public offering before the New York open. It is marketing 50 million shares at $40 to $44 each. At the […]

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London’s Unit1 raises £20M to take avatar concerts on tour

Unit1 Studio has raised £20M to stage concerts performed by digital recreations of musicians, in an oversubscribed round led by Balderton Capital. The company was founded in February 2025 and is based in Tileyard, north London. The money comes as a mix of equity and production financing, with Mercuri, Gilston Music, Paul McGuinness, who managed […]

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The ECB will invest in tokenised securities, and settle the trades on its own new rail

The European Central Bank is preparing to put some of its own money into tokenized securities, moving from building the plumbing for digital asset markets to buying in them. Settlement will occur in central bank money, routed through Pontes, the system the Eurosystem has built for trades running on distributed ledger technology. What the bank […]

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Revolut plans a dual London and Nasdaq listing, Storonsky tells Les Echos

“In reality, we are currently planning a dual listing, on the London Stock Exchange and the Nasdaq,” Nik Storonsky told Les Echos. The Revolut founder was in Paris on Monday. Gabriel Nédélec and Ingrid Feuerstein interviewed him for the French paper, which published on Thursday. It is the first time he has pointed to a […]

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