UroMems has the biggest round today, securing $60m as its automated implant moves towards regulatory submissions in the US and Europe. Iceotope’s $26m round is tied to one of the bigger AI questions right now: how to keep the infrastructure behind it running. In M&A headlines, Banked got acquired by National Australia Bank.
Let’s dive in.
💰 Funding rounds
Grenoble-based UroMems secured $60m from Ajax Health to advance clinical trials of its automated urinary incontinence implant ahead of regulatory submissions in the US and Europe. Read more here.
UK-based Iceotope secured $26m to advance its precision liquid cooling technology for AI infrastructure, high-performance computing and edge deployments. Read more here.
Twin Prime secured $10m to develop AI models that help defence and security teams turn sensor data into faster real-time decisions. Read more here.
Paris-based Ouinex secured $3.5m to expand its crypto and traditional markets trading platform and launch Ouinex Launchpad for early-stage token launches. Read more here.
London-based Resurrect Bio closed an oversubscribed €8.8m Series A to develop disease-resistant crops and scale its AI-driven crop protection platform. Read more here.
Stockholm-based Elvy raised €5.9m to scale its home energy subscription model for solar panels, heat pumps and battery systems across Europe. Read more here.
San Francisco-based Hacktron raised $2.9m pre-Seed to build AI-powered security testing that checks every code change for vulnerabilities before teams ship software. Read more here.
Prague-based Zerops raised €1.7m Seed to expand its cloud platform that makes development and production environments behave the same way. Read more here.
Ljubljana-based DDD Invoices raised €1.31m Seed to help software companies manage global e-invoicing compliance through a unified API. Read more here.
💡 Other news
Checkout. com has seen total processing volume grow 62% in MENA, as the company launches its Digital Commerce report on online spending, trust and AI-powered commerce in the region. Read more here.
🤝 M&A
London-founded Banked got acquired by National Australia Bank to bring its account-to-account payments technology to more customers. Read more here.
🎧 Podcasts
EU-Startups Podcast featured Pieterjan Bouten, Founding and Managing Partner at Entourage, on scaling Showpad to $100m ARR and building Entourage to back European B2B SaaS founders. Listen here.
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