Claret Capital Closes €575 Million Fourth Debt Fund for European Startups

Claret Capital announced the closing of a €575 million fourth debt fund, targeting European startups that are often overlooked by traditional lenders. The fund will expand the firm’s venture‑debt offering across the continent, helping founders secure growth capital without diluting equity.

Wayve Launches First Public Autonomous Rides in UK Through Uber Partnership in London

Wayve, a London‑based AI driving startup founded in 2018, partnered with Uber to offer supervised autonomous rides in London. Riders can request an UberX, Uber Electric or Uber Comfort and be matched with a Wayve‑powered electric Ford Mustang Mach‑E, with a licensed driver on board for safety. The launch marks the first autonomous trips available to the public in the UK and is part of a broader global rollout with Uber.

UK Startup Souk Secures $1.6M in Pre-Seed Funding to Expand AI-Powered Partner Management Platform

UK‑based B2B software startup Souk secured $1.6 million in pre‑seed financing led by Sure Valley Ventures, with participation from Antler, Fuel Ventures and angel investors. The funds will be used to advance its AI Partner Manager, Coco, which automates partner lifecycle tasks and aims to reactivate dormant B2B relationships into revenue streams.

London AI Startup Pharosyn Secures €2.5M Series A to Expand Pharma Competitive Intelligence Platform

London‑based Pharosyn, an AI‑powered competitive intelligence platform for biopharma, raised €2.5 million in a round led by Moonfire to expand its product and accelerate adoption among pharmaceutical commercial and portfolio strategy teams.

UK Cleantech Startup Ki 13 Secures $5M Seed Funding for Biomass Electrolysis Pilot Plant

UK‑based cleantech startup Ki 13 secured $5 million in seed capital, led by HICO Investment Group, to construct an industrial pilot plant for its low‑temperature biomass electrolysis process that simultaneously produces green hydrogen and biogenic CO₂ for synthetic fuels such as e‑SAF, e‑methanol and e‑methane.

HITAI Acquires Quell’s Motion Recognition Technology to Expand Sports Analytics Capabilities

London‑based movement‑intelligence platform HITAI bought the technology and intellectual property of YC‑backed fitness‑gaming studio Quell, adding its camera‑less, real‑time motion‑recognition tech to enhance HITAI’s sports video analytics platform.