Investors and funding

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Adfin raises $18m Series A from Index Ventures for agentic business finance

Visionaries Club returns; Stéphane Kurgan (ex-King COO) and Miro founder Andrey Khusid join. Total funding now over $30m in less than two years. The London fintech says its customers see late-payment rates 7x lower than the UK SME average. Adfin, the London-based fintech building an agentic money-movement platform, has raised $18m in a Series A […]

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White Circle raises $11m Seed for production AI control platform

Senior figures from OpenAI, Anthropic, DeepMind, Hugging Face, Mistral, Datadog and Sentry have backed the Seed. The platform claims more than one billion API requests served and lists Lovable and two of the world’s largest digital banks among its customers. White Circle, a platform that helps companies monitor, secure and control AI models in production, […]

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Paymentology raises $175m co-led by Apis Partners and Aspirity Partners

Paymentology, the London-based global issuer-processor, has raised $175m in a round co-led by Apis Partners and Aspirity Partners, the company said on Tuesday. Apis invested through its Apis Growth Fund III vehicle, which the firm said takes its total payments-sector investment count to 16. For Aspirity, a pan-European private-equity firm focused on financial technology and […]

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Nscale secures $790m financing for Narvik AI data centre

Nscale, the vertically integrated AI-infrastructure company, has secured an additional $790m of debt financing to continue building out its AI data centre in Narvik, northern Norway, the company said on Monday. The committed facility was provided by ABN AMRO, DNB, Eksfin (Export Finance Norway) and Nordea, with Skandinaviska Enskilda Banken (SEB) acting as Mandated Lead […]

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Happl raises $11m Series A to scale its global benefits operating system

Happl, the London- and New York-based provider of an AI-native employee-benefits platform for multinational employers, has raised $11m in a Series A round. The round was led by Portage Ventures, with participation from F Capital and continued backing from Y Combinator, 6 Degrees Capital, Haatch, and Ventures Together. The investment will be used to accelerate […]

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Alphabet adds the yen to its bond programme, in a debut Samurai issue, funding the AI build

Mizuho, Bank of America, and Morgan Stanley have the mandate. Pricing is expected this month. The trade follows Alphabet’s record CHF, sterling and euro issuances in February and last week’s $17bn euro-Canadian-dollar combination, all targeted at the $180-190bn capex programme. Alphabet plans to sell yen-denominated bonds for the first time, the company disclosed in a […]

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Bill Gates’s backed Fervo Energy raises IPO target to $1.82bn on $7.4bn

The geothermal developer increased its share count by 26% and its top-of-range price by about 8% in an SEC filing on Monday. The revision points to the demand for clean baseload power that AI data-centre buyers have been ready to pay for. Fervo Energy raised its IPO target on Monday to as much as $1.82bn, […]

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Dutch eyeo raises €40m to commercialise NCOS color-splitting image sensors

Innovation Industries leads the Series A. imec.xpand, Invest-NL Deep Tech Fund, QBIC, HTGF, and BOM return. Total funding now stands at €55m. The money funds in-house chip design and a push toward volume sensors built on the company’s NCOS color-splitting technology. Eindhoven-based eyeo has raised €40m in Series A funding to commercialise a sensor technology […]

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Istanbul’s Grand Games lands a $70m Series B as Balderton doubles down on Turkey’s puzzle-game pipeline

Bek Ventures, Laton Ventures, and angel investor Mert Gür are back. Total funding for the two-year-old studio reaches $103m. The round arrives weeks after Scopely’s $1bn buyout of Loom Games and CVC’s $5bn deal for Dream Games. Grand Games Oyun ve Yazılım, the Istanbul-based mobile gaming studio behind Magic Sort and Car Match, has raised […]

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Quantum Motion lands $160m in EU’s first major late-stage commitment

The London company building silicon-CMOS spin qubits has been one of the cleaner technical credentials in European quantum hardware. The choice of investee for the EU’s first major late-stage venture commitment, announced post-Brexit, is itself the news. The European Union’s new Scaleup Europe Fund has made its first investment, leading a $160m round in UK-based […]

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