SAPIOM announced a $35 million funding round to build an infrastructure layer that will act as a cost controller for AI agents, helping companies understand and manage the expenses generated by autonomous AI operations.
Edinburgh‑based legal AI startup Wordsmith secured a $14 million Series B extension from investors including Index and FT Ventures, increasing the round’s total to $84 million.
UK‑based AI‑chip startup Olix secured a $312 million financing round led by Fundomo, boosting its valuation to $3.3 billion and positioning it to compete with Nvidia. The round will fund chip development and the company also hired former Wise CFO Matt Briers.
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.
CuspAI, a Cambridge‑based AI startup that designs new materials for clean energy and semiconductors, raised $450 million in a Series B round, bringing its total funding to over $670 million and valuing the company at $2.6 billion.
Monumental, an Amsterdam-based construction tech company, raised $32M in Series B funding led by Khosla Ventures. The company uses autonomous robotics and AI to address labor shortages in construction, deploying over 150 robots across the Netherlands and UK. Funds will accelerate international expansion and enhance automation capabilities.
Kraken Technology Group, a London-based developer of uncrewed autonomous maritime vehicles, secured $175m in Series B funding led by DTCP. The company produces maritime defence vessels like K3 Scout, K4 Manta, and K5 Kraken, with contracts from the UK Ministry of Defence, NATO, and US Special Operations Command. Funds will expand global deployment of mission-ready maritime capabilities.
Fleek, a UK-based startup digitizing the secondhand fashion industry, raised $25 million in a Series B round led by Burda Principal Investments. The company uses AI tools to automate textile sorting, grading, and merchandising, connecting wholesale suppliers with global retailers. The funding will accelerate AI development and platform expansion.
Andercore, a German startup, secured 30 million in funding as part of its latest financing round.
Spanish cleantech company H2SITE, specializing in hydrogen production and separation technologies, has expanded its Series B funding round to over 42 million euros after securing an additional 6 million euros from EIC Fund and a new private investor.