TECNALIA has designed and validated an electric unmanned aerial vehicle with high capacity for wildfire intervention. The development is part of EXTINCIA, a project coordinated by CLUE Technologies and funded by CDTI, combining drones, artificial intelligence, and advanced air traffic management systems.
Munich-based robotics startup Microagi secured $55 million in a seed funding round led by Hummingbird, marking Germany’s largest seed round. The company, founded by former Formula 1 engineers, aims to advance robot automation for manufacturing by training humanoids using real-world data collected from factories and households.
Hyperion Robotics, a Finnish physical AI company, raised $7.4 million to scale its robotic microfactories for infrastructure construction. The investment will accelerate the deployment of its Forge platform and expand manufacturing across Europe.
The Valencian startup BZERO, specialized in sustainable biomaterials, has closed an oversubscribed seed round of 1.5 million euros, raising total funding to 2.5 million euros since its founding in 2021. Existing investors Ship2B Ventures, CTL Investments, and Torribas have increased their support, joined by new investors.
Applied Computing, a London-based AI company building foundation models for energy operators, raised €17.4 million ($20 million) in a funding round led by KBR and Databricks Ventures. The company also opened a new office in Houston, Texas, marking its formal entry into the US market. The funding will support expansion, commercial deployment, and AI research.
Paris-based Syntetica, a company developing a patented process to recycle both types of nylon in a single process, has raised $30 million in a Series A round led by Bpifrance’s Ecotechnologies fund. The funding includes participation from Lululemon, MAS Holdings, and other investors. The company plans to use the funds to scale its technology and build a commercial facility.
Telness Tech, a software company that remained with its owners after selling its profitable mobile operator division to Telia in spring, now requires additional funding as revealed by its financial statements.
Liveday, a Helsingborg-based platform for sports and live event commercial operations, secured €270,000 in funding from existing shareholders. The company recently launched integrated inventory management to help sports clubs track stock levels in real time. Funds will accelerate technology development and market expansion.
The British Business Bank committed €58 million to Soho Square Capital’s Fund II, targeting established UK SMBs in growth sectors. The investment aims to address gaps in flexible capital solutions for founder-owned businesses, supporting scaling, technology adoption, and acquisitions without excessive ownership dilution.
Humanoid, a London-based robotics startup, is in talks for a $200m funding round that would value the company at approximately $1bn. The deal involves Saudi Arabian oil giant Aramco.