Hello and welcome back.
In today’s news we have Accenture that bought a UK company, and a 23-year-old became Europe’s youngest-ever fund manager.
Let’s dive in.
💰 Funding rounds
ID Finance raised €545M in debt and equity to expand its Plazo consumer app. Read more here.
Causa Prima raised $20M seed to automate invoice approvals, disputes and payments between businesses, three months after its $10M pre-seed. Read more here.
Undecimal Bio raised €16M Seed to develop RNA medicines that reach tissues beyond the liver. Read more here.
Epyr raised €15M Series A to store cheap electricity as heat, so factories can switch away from gas. Read more here.
Ubitium raised $14M seed to build a single processor for robots, drones and vehicles that handles sensing, AI and machine control. Read more here.
CarbonFarm raised €7M Series A to help rice farms cut methane emissions. Read more here.
Alchera Technologies raised £2.7M seed to help councils and road operators make faster decisions using transport data. Read more here.
ParkMundo raised €2.3M seed to expand its airport parking marketplace and sell parking through airline and travel booking platforms. Read more here.
Sainaptic raised £1M to expand its AI tools that mark apprenticeship and training assessments. Read more here.
Obsero raised €1M Seed to build AI agents that help brands show up in AI search. Read more here.
🌱 Startup news
ZyG launched the ZyG Score to find ecommerce brands with the potential to scale, after its $60M Series A earlier this year. Read more here.
📣 Fund news
Whiterock has invested €82M in Northern Ireland SMEs across its two British Business Bank-backed funds. Read more here.
Refugee Venture Fund launched with £300K to back high-growth startups founded by refugees, with plans to grow to a £10M fund. Read more here.
Sprints raised a €725M fund to back European growth companies. Read more here.
Wave Ventures named 23-year-old Margarethe Böhme managing partner, billed as Europe’s youngest-ever fund manager. Read more here.
🤝 M&A
Sagacity got acquired by Accenture to strengthen its AI and data capabilities. Read more here.
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