Investors and funding

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Europe’s startups had their best quarter in 4 years, Crunchbase data shows

European startups raised $25bn in the third quarter, their strongest quarter for venture funding in four years. In North America, startup funding fell 35% from the previous quarter to $92bn, Crunchbase data shows. Europe’s total was up 77% on the $14bn raised in the third quarter of 2025, Gené Teare reported for Crunchbase News on […]

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VEIR raises $110M to swap copper for superconductors in AI data centres

VEIR has raised $110 million in a Series C round. The Massachusetts company makes superconducting power cables for AI data centres. Matter Venture Partners and Tyche Partners co-led the round, which VEIR called oversubscribed. LG Technology Ventures, Gates Frontier, Sabanci Climate Ventures and Hui Capital joined as new investors. Existing backers also took part, including […]

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Voltus raises $225M to turn homes and batteries into power for data centres

Voltus has raised $225 million in a Series D round. The San Francisco company pays businesses and homes to cut, shift or supply power when the grid needs it. Generation Investment Management led the round, with Activate Capital and the energy trader Vitol as co-leads. Broadscale Group, Climate Investment, NGP, Ajax Strategies and All Aboard […]

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Sesterce plans €10B AI data centre campus at former Finnish paper mill

French AI infrastructure company Sesterce plans to invest more than €10bn in an AI data centre campus at a former paper mill in Jämsä, central Finland. The campus will be located on the Kaipola site, where UPM shut down its paper mill in early 2021, Sesterce announced. Building work on the first phase, with 200 […]

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Manus raises more than $500M in first funding round since Meta exit

Butterfly Effect, the company behind AI agent startup Manus, said that it has closed a funding round of more than $500 million. This would be the first raise since Meta’s $2 billion-plus purchase of Manus was undone on Beijing’s orders. Boyu Capital and IDG Capital led the round. Existing investors Tencent, HSG (formerly Sequoia China), […]

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Endeavor Catalyst closes $320M fund as Europe becomes its top growth market

Endeavor Catalyst has closed its fifth fund at $320M, and Europe is now its fastest-growing market. It made 12 investments through Endeavor’s European offices in the first half of 2026. That compares with 14 in all of 2025 and seven in 2024, the firm said on Wednesday. Investors oversubscribed Fund V, which takes the firm’s […]

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Nous Research raises $90M to take its Hermes AI agent to businesses

Nous Research has raised $90M to build a business version of Hermes, its open-source AI agent. Nvidia, Microsoft’s M12, Samsung, Robot Ventures, Union Square Ventures, Y Combinator and Menlo Ventures are among the investors, chief executive Dillon Rolnick wrote in a note on the company’s website. The round values Nous at $1.5bn, The Wall Street […]

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Rivercell raises $25M to build an AI model of how cells respond to drugs

Paris start-up Rivercell has raised a $25M seed round to build an AI model that predicts how human cells respond to drugs and genetic changes. HV led the round, with HCVC, Alven and Bpifrance Digital Venture taking part, the company said on Wednesday. The money will pay for Rivercell’s data platform, a bigger wet lab […]

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Siena raises $17M Series A to build AI agents for consumer brands

Siena, a New York-based startup that develops AI agents for consumer brands, has raised $17 million in its Series A round, with York IE as the lead investor. The new capital raised brings the company’s total funding to $29.7 million. Moreover, Joyance Ventures took part in the round as a new investor, and the existing […]

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Spiko raises a $90M Series B led by NEA for its tokenised cash funds

Spiko, a Paris and London company that issues tokenised cash funds, has taken its total funding to $120 million, it said in a statement on Tuesday. New Enterprise Associates (NEA) led the $90 million Series B. Index Ventures, Bpifrance, Speedinvest, Flourish Ventures, Shapers and White Star Capital took part. So did Blockwall, Frst, EQNX, Mirana […]

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