UK Satellite Startup NewOrbit Secures €16 Million Series A to Build Commercial VLEO Spacecraft
UK-based NewOrbit raises €16 million to build commercial satellites for very low Earth orbit (VLEO)
James O'Brien
London AI Startup PhysicsX Raises $300m from Temasek, Doubles Valuation to $2.4bn
London-based AI startup PhysicsX has raised $300m in a funding round led by Temasek, more than doubling the company’s valuation to $2.4bn in less than a year.
Cosine Secures Industry Backing for Britain’s First Sovereign Frontier AI Model
Cosine, a British AI company, has secured industry backing for its Lumen Sovereign model, Britain’s first sovereign frontier AI model.
All-Female GP Firm Thena Capital Closes £45m for Debut Healthcare Fund
Thena Capital, an all-female GP firm, has closed £45m for its debut fund to support startups in digital healthcare and medical devices in the UK, with plans to help them enter the US market.
Fuse Energy Bolsters Series B with €25 Million Extension from 20VC and Collaborative Fund
Fuse Energy, a British energy company, has closed its Series B with an additional €25 million from new investors 20VC and Collaborative Fund, taking total funding to date to €214 million.
Cambridge Enterprise Launches London Launchpad to Bridge University and Capital Hub
Cambridge Enterprise launches Leaps initiative to connect Cambridge startups with London ecosystem
London AI Startup Gigaton Secures $26m Series A to Optimize Manufacturing
London-based startup Gigaton, which uses AI to cut the cost and energy consumption in manufacturing, has raised a $26m Series A round led by Plural.
London AI Startup Archestra.AI Secures $10M Seed Funding to Democratize Enterprise AI Deployment
Archestra.AI raises $10M to enable enterprises to connect sensitive data to AI agents securely
London Live Commerce Startup Tilt Raises $26m to Expand AI-Driven Shopping Platform Across Europe
London-based live commerce startup Tilt has secured $26m in fresh funding
Vertice acquires Vendr to strengthen AI-powered procurement intelligence capabilities
Vertice acquires Vendr to build AI-powered procurement intelligence platform