London-based data infrastructure startup Encord has closed a €50 million ($60 million) Series C funding round, led by Wellington Management, with participation from existing backers including Y Combinator, CRV, N47, Crane Venture Partners and Harpoon Ventures, alongside new investors Bright Pixel Capital and Isomer Capital. The round brings total capital raised to about €93 million […]
Cologne-based Foodforecast, a startup using artificial intelligence to improve how food with short shelf lives is forecast and produced, has raised €8 million in a Series A funding round as it scales across Europe. The round was co-led by SHIFT Invest and the European Circular Bioeconomy Fund (ECBF), with participation from existing backers Future Food […]
London-based AI software startup Callosum has closed a $10.25 million funding round led by European early-stage venture fund Plural, marking a notable bet on multi-chip AI infrastructure at a time when venture capital remains heavily concentrated in a narrow set of compute platform plays. The round includes participation from angel backers such as Charlie Songhurst, […]
London-based autonomous driving startup Wayve has just closed a major funding round, pulling in roughly $1.5 billion and lifting its valuation to about $8.6 billion. The investment positions the company as one of the United Kingdom’s most highly valued AI ventures and marks a shift from research toward real-world deployment. The core of the round […]
A growing number of startups are rushing to build software that thinks fast. But one of the hardest parts of teaching machines to improve isn’t raw computing power, it’s human insight at scale. Zurich-based startup Rapidata has just taken a significant step toward fixing that with a €7.2 million seed round aimed at scaling a […]
Plato, a Berlin-based startup, has raised $14.5 million in seed funding to bring generative AI into wholesale distribution, a massive industry that rarely makes tech headlines but quietly moves a significant share of the world’s goods. The round was led by Atomico, with Cherry Ventures, Discovery Ventures, and D11Z joining in. Wholesale distribution accounts for […]
David Silver, a British AI researcher known for his role at Google’s DeepMind lab, has helped build some of the most influential AI systems and is now leading his own ambitious start-up. He is in the middle of raising a $1 billion seed round for his new London-based venture, Ineffable Intelligence. If the fundraising will […]
London-based deep tech startup Stanhope AI has closed a €6.7 million ($8 million) Seed funding round to advance what it calls a new class of adaptive artificial intelligence designed to power autonomous systems in the physical world. The round was led by Frontline Ventures, with participation from Paladin Capital Group, Auxxo Female Catalyst Fund, UCL […]
