UK Fashion Tech Startup Fleek Secures $25 Million Series B to Expand AI-Powered Secondhand Marketplace

Fleek, a UK-based startup digitizing the secondhand fashion industry, raised $25 million in a Series B round led by Burda Principal Investments. The company uses AI tools to automate textile sorting, grading, and merchandising, connecting wholesale suppliers with global retailers. The funding will accelerate AI development and platform expansion.

UK Startup Respiro Diagnostics Raises £1 Million to Develop Breath-Based Lung Diagnostics

Respiro Diagnostics, a UK-based startup developing non-invasive breath-based diagnostics for lung diseases, raised £1 million in pre-seed funding led by Zinc Venture Capital and SFC Capital. The technology uses exhaled breath to detect lung cancer and other respiratory conditions, offering an alternative to invasive biopsies.

Luffy AI Secures £8.1 Million Series A to Scale Industrial AI Motor Control Technology

Luffy AI, a UK-based startup, raised £8.1 million in Series A funding led by BGF. The company develops neuroplastic AI for industrial motor control, enabling real-time adaptive systems without cloud dependency. Funds will scale deployment in industrial applications.

BGF Crosses €5.8 Billion Deployment Milestone After 15 Years Supporting UK and Irish Growth Companies

BGF, a UK-based growth capital provider, has deployed over €5.8 billion across 650 businesses in 15 years, supporting growth-stage companies in the UK and Ireland. The firm focuses on minority equity investments and has generated significant economic impact, including €4.3 billion in exits and 35,000 jobs created.

London-based geoSurge secures €10 million seed funding to advance AI brand representation technology

geoSurge, a UK-based DeepTech AI company, raised €10 million in a Seed round led by AlbionVC to expand its teams, infrastructure, and Corpus Engineering discipline. The funding aims to help brands understand and influence their representation in AI-generated outputs.

London Fintech Mdotm Secures $27 Million to Expand AI-Powered Wealth Management Platform

Mdotm, a London-based fintech firm using AI to manage investment portfolios, secured $27 million in funding led by Expedition Growth Capital. The company serves over 60 financial institutions globally and plans to expand its AI platform Sphere, which supports $100 billion in assets under management.

UK Sovereign Intelligence Platform StirlingX Secures $20M Series A Funding

StirlingX, a British data intelligence company, has raised $20 million in a Series A round led by Ventura Capital and RCM Private Markets Master Fund. The funding follows a $11 million Seed round and aims to expand the company’s sovereign intelligence platform, which operates in critical national infrastructure and defense environments.

UK AI Tender Platform BidScript Secures $800,000 in Pre-Seed Funding

BidScript, an AI-native tender management platform, has raised $800,000 in a funding round led by NPIF II – PXN Equity Finance and SFC Capital, bringing total pre-seed funding to over $1 million. The platform addresses inefficiencies in public and private sector tendering using AI, with early customers reporting up to 50% improvements in bid win rates.

SumUp Launches Consumer Bank Accounts With 5% Cashback to Deepen Merchant Ecosystem

SumUp, a fintech focused on small business payments, has launched consumer bank accounts offering 5% cashback on purchases at its merchant network. The product aims to create a two-sided incentive system where consumers earn rewards while merchants receive zero transaction fees. The service is initially available in the UK, Ireland, Germany, France, Italy, and Spain, with plans to expand to all 38 of SumUp’s markets.