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.
Italian cybersecurity startup Beelzebub raised €3 million in a seed round led by United Ventures, bringing its total funding to €3.3 million. The AI‑native platform protects organisations against AI‑driven attacks and will be used to expand its research team, open offices in Rome and San Francisco, and accelerate European customer acquisition.
Spanish deep‑tech startup Onalabs raised over €9.3 million, led by the Spanish Society for Technological Transformation (SETT), to accelerate the rollout of its non‑invasive, sweat‑based health monitoring platform across Europe.
Nuclear Turbines, a Manchester‑based startup spun out of BAE Systems, announced its first external financing of £15 million led by IQ Capital to develop compact, high‑temperature turbine technology for cheaper modular nuclear power plants.