European tech kicked off the week with two major milestones, as Moneybox crossed the billion-pound mark using the UK’s new Pisces share-trading system, and Helsing closed the largest funding round any European defence startup has ever raised. Monzo’s Tom Blomfield also swapped fintech for AI, joining Anthropic’s infrastructure team.
Let’s dive in.
💰 Funding rounds
Munich-based Helsing raised $1.8b Series E to scale its AI-powered defence and security platform, hitting an $18b valuation in Europe’s biggest defence-tech funding round. Read more here.
London-based Reformed raised $22m Series A to scale its functional instant coffee and matcha drinks platform with nutritional benefits targeting $100m ARR. Read more here.
Austria-based Sodex Innovations raised €4m to scale its AI-powered automated construction site surveying platform capturing real-time data on terrain, materials and progress. Read more here.
Denmark-based Visibuilt raised €3.34m to scale production of mycelium-based paving material and binder as sustainable alternative to fossil-based cement. Read more here.
Milan-based Doctorsa raised €1m to expand its global telemedicine platform serving travellers, operating in 33 countries with 500 doctors and over 100,000 users. Read more here.
🌱 Startup news
London-based Undo Capital launched an AI-native equity management and fundraising platform for startups, combining cap table management, fundraising workflows and UK regulatory compliance into one tool. Read more here.
Monzo co-founder Tom Blomfield is taking leave from Y Combinator to join Anthropic as a member of technical staff working on the compute infrastructure behind Claude. Read more here.
London-based Moneybox reached unicorn status hitting £1.1b valuation through a Pisces secondary sale. Read more here.
💡 Other news
London-based Revolut plans to launch a US bank in 2027 offering FDIC-insured accounts alongside stablecoin services after filing for a national bank charter with $500m committed to the expansion. Read more here.
📣 Fund news
Barcelona-based CriteriaCaixa is investing €300m in Iberian biotech and deeptech by 2030 as it rebrands its VC arm. Read more here.
Northwich-based SFC Capital received €11m commitment from British Business Bank to support 100 more companies across the UK regions. Read more here.
Bilbao-based Acurio Ventures closed a €115m fund providing liquidity by buying stakes in other European VC funds at secondary prices. Read more here.
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