Gravis Robotics raised €172m from SoftBank, the biggest Series A ever for construction robotics, making it Europe’s newest unicorn. Monzo’s chairman Gary Hoffman is also stepping down after nearly eight years, following a shareholder revolt that shook the board earlier this year.
Let’s dive in.
💰 Funding rounds
Zurich-based Gravis Robotics raised €172m to expand autonomous technology for heavy machinery becoming unicorn. Read more here.
Aachen-based amber raised €7m Series A to expand its AI-powered business knowledge platform across Europe. Read more here.
Bergen-based Birdsview raised €3.7m to scale its “MRI for concrete” technology and protect infrastructure. Read more here.
Zurich-based Aisot Technologies raised €2.13m Seed extension to bring agentic AI to portfolio management for institutional investors. Read more here.
UK-based Versatile RobotX raised €1.17m to commercialise its agricultural robots. Read more here.
Belgrade-founded Astute raised $1.2m and launched B2B new media platform. Read more here.
UK-based SpaceAM closed Seed round to scale AI-powered sensing technology for defence and space. Read more here.
💡 Other news
Monzo chairman Gary Hoffman to stand down after nearly eight years. Read more here.
Nebex launched €100m initiative to turn global space spending into revenue for French startups. Read more here.
📣 Fund news
UK-based Gallos defence tech investor and builder raised $50m to expand portfolio. Read more here.
🤝 M&A
Portsmouth-based SubSea Craft made multi-million-euro investment in UK battery specialist LORILLION, acquiring 40% stake. Read more here.
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