SpaceAM, a Gloucestershire‑based aerospace and defence startup, raised an undisclosed Seed round backed by Foresight Group and UK Government funding. The capital will be used to expand its AI‑enabled ultra‑lightweight sensor systems for space, defence and security markets, and the company is gearing up for a future Series A round.
Versatile RobotX, a University of Essex spin‑out based in Colchester, raised over €1.17 million from the British Design Fund, Innovate UK and Defra to move its AI‑driven field robots from trials to commercial deployment, aiming to make advanced agricultural automation affordable for growers worldwide.
Northern Gritstone, a UK-based spinout investment firm, is expanding its operations by opening an office in San Francisco, aiming to strengthen ties with Silicon Valley and support its portfolio companies.
Swedish nicotine startup Haypp Group posted a 28% YoY revenue jump to SEK 1.2 billion in Q2 and is now focusing on a large push into the British market.
UK‑based water‑tech startup Metal Morph secured £700k in pre‑seed funding, co‑led by Sustainable Ventures and Green Angel Ventures, to scale its infrastructure‑as‑a‑service solution that recovers aluminium and iron‑based chemicals from municipal and industrial wastewater, aiming to create a circular supply chain and reduce costs and emissions.
Amanda AI, backed by Spiltan, announced a new funding round of 10 million SEK, a change in leadership with Charlotte Berg becoming CEO, significant cost cuts, a move to cheaper offices, and its first steps into the UK market.
Isembard, a UK‑based startup that builds small high‑tech factories using AI‑driven software to produce precision components for space, defence and robotics, announced a $50 million Series A round led by Union Square Ventures. The funding will accelerate its franchise model expansion across Europe and the US, increase factory count, and enhance its MasonOS AI platform.
The UK‑based fintech Revolut secured a banking licence from the French regulator, enabling it to offer full banking services to its customers in France and further expand its European footprint.
UK air‑defence startup Cambridge Aerospace announced a fresh fundraising round that lifted its valuation to $3.4 bn, underscoring rapid growth in the European defence‑tech sector.
Blue Prism, a robotic process automation startup founded in 2001 in Warrington, UK, was bought by US software firm SS&C Technologies in 2022 for about $1.6 billion, turning the company into a multi‑billion‑dollar business originating from a small European city.