Fund activity is strong today with Antler’s UK push, a momentum in quantum computing via Alice & Bo and Magnific focusing on AI production workflows for creative and marketing teams. Funding rounds stay at large numbers, and Fresha becomes a unicorn. Enroll to Scaling Europe’s first ever event, with Seedcamp!
Let’s dive in.
💰 Funding rounds
London-based startup Fresha secured $80m in funding to scale its beauty and wellness booking and business management platform with now $1B+ valuation. Read more here.
Norway-based startup Roboxi raised ~€13m in new equity to scale its AI-powered airport automation and autonomous runway inspection systems. Read more here.
Ghent-based startup Harmoney secured a €10m strategic investment to scale its AI-driven counterparty risk management and compliance platform in Europe. Read more here.
French quantum computing company Alice & Bob secured investment expanding €100m Series B round to advance fault-tolerant quantum computing. Read more here.
💡 Other news
Anthropic is opening an office in Milan as the company continues to double down on Europe. Read more here.
ElevenLabs received 80,000 applications in Q1 and filled 150 roles, which is on average 19 filled roles per quarter by a recruiter. Read more here.
📣 Fund news
Malaga-based startup Magnific launched a €10m fund to help creative and marketing teams adopt AI-powered production workflows at scale. Read more here.
British Business Bank committed £25m to Antler’s UK Fund II, backing pre-seed founders from day zero with investments of up to £500k. Read more here.
🎧 Podcasts
The BILLIONS Podcast featured Alan Chang, Co-founder and CEO at Fuse Energy, on how a lean tech team can buy a wind turbine, acquire a grid operator, and out-execute legacy multi-billion dollar incumbents. Listen here.
→ If you liked this, make sure you have listened Scaling Europe’s episode featuring Alan from last year here.
🎪 Events
Scaling Europe and Seedcamp are joining forces for our inaugural live event. Stacking the room with London’s best builders at Scaling GTM, which happens during London Tech Week, 8.6. 18.00-21.00 BST. Read more and register here.
Subscribe to the weekly edition for the highlights here.