UK Biotech iFAST Diagnostics Secures £5M Series B to Accelerate Infection Testing Innovation
UK biotech iFAST Diagnostics raises £5M to speed up infection testing and tackle antimicrobial resistance
UK biotech iFAST Diagnostics raises £5M to speed up infection testing and tackle antimicrobial resistance
RemotePass, a global employment, payroll, and spend platform founded in 2021, raised $17.4 million in Series B funding. The company provides solutions for hiring, paying, and supporting workers across borders, covering EOR, contractor management, payroll, compliance, and fintech services. The platform recently launched SpendCards for corporate expenses and AI agents for workflow automation. RemotePass reached profitability in early 2025 and serves major clients including Logitech, Tata Group, InDrive, and Careem.
CircuitHub, a UK-based electronics manufacturing company with R&D roots in Cambridge and operations in London, raised $28 million led by Plural to expand its automated manufacturing facilities across the US and Europe. The company operates the Grid, an automated 5,000-square-foot factory that uses robotics, computer vision, and AI to produce circuit boards from design files in days rather than months. CircuitHub has delivered 2 million+ boards to 20,000 engineers and is positioned as the fastest-growing electronics manufacturer in the US.
Milan-based legal AI company Lexroom raised $50 million in Series B funding led by Left Lane Capital. The company develops AI infrastructure for legal professionals using a proprietary database of over 6 million verified legal sources. The platform is used by over 8,000 law firms and corporate legal teams globally, with plans to expand across civil law jurisdictions in Europe starting with Spain and Germany.
Milan-based Cosmico, a future of work holding company, raised €12 million in Series B funding led by P101 SGR. The company operates across Italy and Spain with a network of 35,000+ digital professionals. Alongside the funding, Cosmico completed the full acquisition of Flatmates, a creator agency. The funding will support the company’s expansion strategy and planned acquisitions.