Romanian AI startup DesignVerse announced a $5.5 million seed round led by Begin Capital and plans to launch its enterprise AI platform in the US, targeting sectors such as banking, cybersecurity, aviation and defense.
British defence‑tech startup Agon, founded in 2026 by former British soldier Tristam Constant and entrepreneur Junaid Hussain, secured $30 million in seed funding from Lakestar, 201 Ventures, D3, XYZ Venture Capital, Lux Capital and Northzone. The money will be used to develop its AI‑powered virtual battlefield platform for training autonomous weapons systems and to grow its presence across Europe, with offices in London and Berlin.
London‑based startup Magic AI, which creates a smart mirror that provides fitness training tips, received the King’s Award for Enterprise in the innovation category, with CEO Varun Bhanot presenting the prize at St James’s Palace.
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.
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.
Spanish AI scale‑up Multiverse Computing is seeking a €500 million Series C round that would bring its total funding above €700 million and value the company at €2 billion. The round is co‑led by Forgepoint Capital, Bullhound Capital and BNP Paribas’s Solar Impulse Venture Fund and includes a mix of European, North‑American and Middle‑Eastern investors. Funds will be used to boost model‑compression technology, R&D and global expansion.
Black Forest Labs, a German AI startup, announced the launch of FLUX 3, its first public video‑generation model that can create up to 20‑second video clips with synchronized audio and also supports image generation, action prediction and future open‑weight access. The release is initially limited to an early‑access program for enterprises, with broader API and open‑source availability planned later.
Italian AI deployment startup Datapizza raised €10 million in a Series A round led by Nextalia Ventures to expand its team, accelerate product development and make its AI solutions accessible to larger and mid‑size companies in Italy.
London‑based AI deployment startup Arrakis raised $38 million, including a $30 million Series A co‑led by Blossom Capital, to help industrial companies design, build and scale AI agents and to expand internationally with new offices in New York and the Middle East.
Polish fashion retailer LPP is collaborating with the Krakow startup pirxe to apply spatial AI technology for faster, more efficient production of digital advertising assets, leveraging 3D digital twins of its products.