Lithuanian startup Sigvi, an AI‑powered platform that lets independent fleet operators rent cars automatically, secured €1.2 million in pre‑seed funding led by Superhero Capital. The capital will be used to enhance its AI‑driven rental technology and grow its vehicle network, building on its recent launch in Poland where it manages over 200 cars.
London‑based responsible‑lending fintech Plend obtained a €58.3 million senior revolving credit facility from specialist investment manager Triple Point, aiming to refinance current debt and expand its affordable credit offering to underserved UK borrowers.
Dwelly, a UK‑based proptech startup founded in 2023 by former Uber and Gett executives, raised $170 million (including a $75 million debt facility) led by EQT Growth and General Catalyst. The capital will be used to acquire more letting agencies and embed its proprietary AI software to automate property‑management tasks, expanding its portfolio of 17 agencies managing about 15,000 properties.
Dutch‑US medtech startup Xeltis secured an additional €20.5 million, led by Horizon 3 Healthcare, to push forward its living‑tissue vascular implants, complete a pivotal US trial, and scale European commercialization and manufacturing.
UK‑based Perceptual Robotics raised more than £4 million from new and existing investors, including Investing for Purpose, Loggerhead Ventures, One Planet Capital and Innovate UK, to accelerate its AI‑driven autonomous inspection systems for wind turbines and expand its market reach across Europe and beyond.
Debt‑intelligence unicorn 9fin, based in London, announced the completion of its first employee secondary share sale following a $170 million Series C funding round that pushed its valuation to $1.3 billion.
Swiss quantum‑hardware startup ZuriQ secured a $25.5 million seed investment to advance its scalable quantum chip architecture, marking a significant funding milestone for the ETH Zurich spinout.
Lilium, the German eVTOL startup that aimed to revolutionise regional air transport, ran out of cash after a €100 million state‑guaranteed loan collapsed and a €150 million investment never materialised. The company entered insolvency in October 2024, giving it three months to find new backers, but it ultimately could not, leading to the shutdown of its facilities and the scrapping of its jets.
London‑based media startup ETN secured a $1.6 million seed round led by Axel Springer and Powerhouse Capital, enabling it to launch a new studio, increase its weekly live shows to five, and expand its lean, AI‑driven team.
Swedish sunglasses brand Chimi, after a costly restructuring with almost SEK 100 million in debt, secured a SEK 45 million capital increase to lower its liabilities, resulting in significant write‑downs for several creditors.