James O'Brien 
Orbital Industries, a UK-based startup building industrial hardware from the atoms up using AI, has raised €43 million in Series B funding to scale its data centre products and develop its platform for industrial applications beyond data centres.
UK biotech iFAST Diagnostics raises £5M to speed up infection testing and tackle antimicrobial resistance
Mykor, a Bristol-based BioTech startup, has raised €4.6 million to grow low-carbon construction materials from waste
RevEng.AI raises $15M to secure AI-generated software
Voxmind raises pre-seed funding for voice biometrics and deepfake detection technology
London-based Fresha, a beauty and wellness software startup providing appointment booking, payments and business management solutions for salons, spas and wellness operators, raised $80m from KKR at a valuation exceeding $1bn, achieving unicorn status. The company is already profitable and plans to use the capital for international expansion and AI tool development.
Starling Bank, a UK challenger bank with over 6 million customers, reported pre-tax profits fell 3% to £217m and revenues fell to £887m for the year ending March 2026, primarily due to lower interest income from reduced interest rates. However, the bank’s SaaS subsidiary Engine doubled its client base to 4 and grew revenue 25% to £10.9m, signing a 10-year agreement with Tangerine (Scotiabank subsidiary) marking its first North American client.
Searchable, a London-based AI performance marketing platform, raised €11.9 million in Series A funding led by Headline at a €72.1 million valuation. The platform helps brands understand, track and improve their visibility across AI-led search engines. Since launching in January 2025, the company reached €2.2 million in annual recurring revenue and works with major enterprise clients.
London-based payments infrastructure provider Primer raised $100m in Series C funding led by Sofina. The company, founded in 2020 by ex-PayPal employees, provides a platform allowing large e-commerce merchants to connect their entire payments stack and manage multiple payment service providers. Primer will use the funding to expand AI capabilities of its Primer Companion agent and accelerate US expansion, targeting US revenue to exceed one-third of total business by 2028.
CircuitHub, a UK-based electronics manufacturing company with R&D roots in Cambridge and operations in London, raised $28 million led by Plural to expand its automated manufacturing facilities across the US and Europe. The company operates the Grid, an automated 5,000-square-foot factory that uses robotics, computer vision, and AI to produce circuit boards from design files in days rather than months. CircuitHub has delivered 2 million+ boards to 20,000 engineers and is positioned as the fastest-growing electronics manufacturer in the US.