UK Satellite Startup NewOrbit Secures €16 Million Series A to Build Commercial VLEO Spacecraft
UK-based NewOrbit raises €16 million to build commercial satellites for very low Earth orbit (VLEO)
United Kingdom
London AI Startup PhysicsX Raises $300m from Temasek, Doubles Valuation to $2.4bn
London-based AI startup PhysicsX has raised $300m in a funding round led by Temasek, more than doubling the company’s valuation to $2.4bn in less than a year.
Cosine Secures Industry Backing for Britain’s First Sovereign Frontier AI Model
Cosine, a British AI company, has secured industry backing for its Lumen Sovereign model, Britain’s first sovereign frontier AI model.
All-Female GP Firm Thena Capital Closes £45m for Debut Healthcare Fund
Thena Capital, an all-female GP firm, has closed £45m for its debut fund to support startups in digital healthcare and medical devices in the UK, with plans to help them enter the US market.
Fuse Energy Bolsters Series B with €25 Million Extension from 20VC and Collaborative Fund
Fuse Energy, a British energy company, has closed its Series B with an additional €25 million from new investors 20VC and Collaborative Fund, taking total funding to date to €214 million.
Ukrainian Entrepreneur Wins European Prize for Women Innovators with AI-Powered Medical Technology
Katerina Spranger, a Ukrainian-born entrepreneur, won the European Prize for Women Innovators with her startup Oxford Heartbeat, which uses AI to improve the safety and accuracy of cerebral aneurysm treatments.
Cambridge Enterprise Launches London Launchpad to Bridge University and Capital Hub
Cambridge Enterprise launches Leaps initiative to connect Cambridge startups with London ecosystem
Polish Deep-Tech Firm Microamp Wins UK Ministry of Defence Contract for 5G mmWave Communications
Microamp, a Polish deep-tech company, has received a contract from the UK Ministry of Defence to implement its advanced 5G mmWave tactical communication solutions.
London AI Startup Gigaton Secures $26m Series A to Optimize Manufacturing
London-based startup Gigaton, which uses AI to cut the cost and energy consumption in manufacturing, has raised a $26m Series A round led by Plural.
London AI Startup Archestra.AI Secures $10M Seed Funding to Democratize Enterprise AI Deployment
Archestra.AI raises $10M to enable enterprises to connect sensitive data to AI agents securely