Startups and technology

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Theia Insights raises $8M to replace the static industry classification systems

The Cambridge-based AI company, founded by a former Amazon Alexa research scientist, builds a self-learning economic map that models companies as multidimensional entities rather than forcing them into a single bucket. MiddleGame Ventures led; Unusual Ventures returned. Amazon is not a retailer. It is also a cloud computing provider, a logistics operator, an advertising network, […]

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Uber, Pony.ai, and Rimac’s Verne announce Europe’s first commercial robotaxi service

On-road testing in Croatia’s capital is already underway using Pony.ai’s Gen-7 system on the Arcfox Alpha T5, a Chinese-manufactured robotaxi. Uber intends to invest in Verne. The three companies plan to scale to thousands of vehicles across Europe, but have declined to announce a commercial launch date. Mate Rimac built his reputation making electric hypercars […]

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OpenUp raises €20M to scale employee mental health platform

The Amsterdam startup, which gives employees direct anonymous access to psychologists, lifestyle experts, and financial counsellors through their employer, now serves more than 2,000 organisations across five European markets. Smartfin led the round; Rubio Impact Ventures, which led the 2022 Series A, returned. The traditional path to professional psychological help in Europe involves a GP […]

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Giraffe360 raises $10M Series B to expand AI property media platform

The London-based proptech, which combines a proprietary robotic camera with an AI software stack to produce a full property media kit from a single visit, has closed its Series B led by Cipio Partners. The premise behind Giraffe360 is straightforward: a single property visit should generate everything a real estate agent or photographer needs to […]

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SOUS raises €4M to power culinary entrepreneurs

The Amsterdam startup, founded in 2022, is building a single AI platform that handles customer discovery, direct ordering, and retention for independent food and beverage operators. seed + speed Ventures led the round; PeakBridge returned alongside āltitude and Gekko Capital. A local pizzeria and Domino’s compete for the same dinner occasion, but they do not […]

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Arkadia Space raises €14.5M for green propulsion system

The Spanish propulsion startup, based at Castellón Airport, is the first Spanish space company selected for the European Innovation Council Accelerator. Its DARK system became the first hydrogen peroxide propulsion system flown in orbit in Europe, launching on a SpaceX mission in March 2025. Most of the satellites currently operating in orbit are kept in […]

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PAVE Space raises $40M to build orbital transfer vehicles

The Swiss startup, spun out of EPFL’s student rocketry programme that built Europe’s first student-made reusable rocket, has raised one of the largest seed rounds ever in European space. Visionaries Club and Creandum led; Lombard Odier, Atlantic Labs, and Sistafund also participated. The satellite lifecycle has a structural inefficiency baked in. Launch vehicles deliver payloads […]

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Origin raises $30M Series A+ to give multinationals visibility into a benefits budget

The London startup, founded by the team behind Darwin, acquired by Mercer in 2016, has built an AI platform that ingests fragmented global benefits data from PDFs, insurance contracts, and vendor portals into a single intelligence layer. Notion Capital led the round; HSBC Innovation Banking UK also contributed growth financing. One CFO told Origin’s CEO […]

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Galtea raises $3.2M to help enterprises test AI agents

The Barcelona Supercomputing Center spin-off, founded eighteen months ago, uses AI to generate realistic test scenarios that expose failures, hallucinations, bias, and security risks before enterprise AI agents go live. 42CAP led the round; Mozilla Ventures participated. The gap between an AI agent that works in a demo and one that works in production is, […]

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Epoch Biodesign closes $12M to prove its nylon recycling enzymes can work at scale

The London startup uses AI-engineered enzymes to break nylon 6,6 waste, from leggings to airbags to carpets, back into the monomers it was made from, recovering more than 90% and removing the need for virgin petroleum feedstock. Total funding now exceeds $50M. Nylon 6,6 is one of the most useful materials humanity has ever made. […]

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