London-based Odyssey became the UK’s latest AI unicorn after raising $310m at a $1.45bn valuation. It was also a big day for the technology behind AI, with Dutch chip company Nearfield Instruments raising $380m to expand its semiconductor inspection technology. In Italy, Milan-based Domyn was selected to lead an initiative to build an AI model across all 24 official EU languages.
Let’s dive in.
💰 Funding rounds
Rotterdam-based Nearfield Instruments raised $380m Series D to scale its semiconductor inspection technology and expand production capacity. Read more here.
San Francisco and London-based Odyssey raised $310m Series B at a $1.45bn valuation to accelerate the development of AI that can understand and simulate the world. Read more here.
Paris and Boston-based Bionyra Pharma launched with a €143m Series A to advance biologics for inflammatory diseases. Read more here.
London-based Isometric raised €34m Series A to scale its AI certification platform for industrial markets. Read more here.
Spanish-founded Prosper AI raised $30m Series A to expand its AI platform that automates patient operations across the healthcare journey. Read more here.
Vienna-based Graph Therapeutics secured $5m to advance its precision immunology platform for inflammatory and immune-mediated diseases, bringing its total funding to over $10m. Read more here.
Prague-based Grid.online raised €4m to expand its shared last-mile delivery network for parcel carriers. Read more here.
Copenhagen-based Acodyne raised €2.5m pre-Seed to scale its unmanned cargo aircraft for defence, offshore and remote operations. Read more here.
Vilnius-based Superpal raised €500k to scale its AI coworker platform built inside Slack. Read more here.
Poland-based Talkin’ Things secured growth debt financing from Orbit Capital to expand its RFID traceability solutions and scale production. Read more here.
🌱 Startup news
Milan-based Domyn was selected by the European Commission to lead Europa, an initiative to build Europe’s frontier open-source AI model across all 24 official EU languages. Read more here.
💡 Other news
The UK launched Project Ambition, a cultural movement designed to make ambition socially desirable, visible and rewarded, with the goal of encouraging more young people to pursue challenging and meaningful goals. Read more here.
📣 Fund news
London-based Seedcamp raised €279m to back the next generation of global startups, including €192m for its seventh core fund and €87m for its Select fund. Read more here.
London-based Bootstrap 4F deployed its first investments from its £130m Women Backing Women Fund of Funds into Evertrue Capital, Seedcamp VII and Seedcamp Nation II. Read more here.
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