United Kingdom

Kraken Technology Group Secures $175m Series B to Expand Autonomous Maritime Defence Capabilities

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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.

UK Fashion Tech Startup Fleek Secures $25 Million Series B to Expand AI-Powered Secondhand Marketplace

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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.

UK Startup Respiro Diagnostics Raises £1 Million to Develop Breath-Based Lung Diagnostics

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Respiro Diagnostics, a UK-based startup developing non-invasive breath-based diagnostics for lung diseases, raised £1 million in pre-seed funding led by Zinc Venture Capital and SFC Capital. The technology uses exhaled breath to detect lung cancer and other respiratory conditions, offering an alternative to invasive biopsies.

Luffy AI Secures £8.1 Million Series A to Scale Industrial AI Motor Control Technology

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Luffy AI, a UK-based startup, raised £8.1 million in Series A funding led by BGF. The company develops neuroplastic AI for industrial motor control, enabling real-time adaptive systems without cloud dependency. Funds will scale deployment in industrial applications.

BGF Crosses €5.8 Billion Deployment Milestone After 15 Years Supporting UK and Irish Growth Companies

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BGF, a UK-based growth capital provider, has deployed over €5.8 billion across 650 businesses in 15 years, supporting growth-stage companies in the UK and Ireland. The firm focuses on minority equity investments and has generated significant economic impact, including €4.3 billion in exits and 35,000 jobs created.

Techstars Startup Weekend to Put the Isle of Man on the Global Startup Map

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For the first time in its history, the Isle of Man will host one of the world’s most recognised startup events, bringing together aspiring entrepreneurs, developers, designers and business professionals for an intensive weekend dedicated to turning ideas into businesses. From 10 to 12 July, Techstars Startup Weekend will take place at Launchpad, Hillary House … Read more

London-based geoSurge secures €10 million seed funding to advance AI brand representation technology

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geoSurge, a UK-based DeepTech AI company, raised €10 million in a Seed round led by AlbionVC to expand its teams, infrastructure, and Corpus Engineering discipline. The funding aims to help brands understand and influence their representation in AI-generated outputs.

Amsterdam Cloud Security Startup Dawnguard Launches Platform, Secures $3.3M in Pre-Seed Funding

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Dawnguard, an Amsterdam-based startup securing cloud systems during design, launched its platform, raised $3.3 million in pre-seed funding, and opened a New York office. The funding includes participation from UK-based BNVT Capital, Dutch Curiosity VC, and German eCAPITAL.

London Fintech Mdotm Secures $27 Million to Expand AI-Powered Wealth Management Platform

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Mdotm, a London-based fintech firm using AI to manage investment portfolios, secured $27 million in funding led by Expedition Growth Capital. The company serves over 60 financial institutions globally and plans to expand its AI platform Sphere, which supports $100 billion in assets under management.