London-based Revolut crossed 80 million users just three months after hitting 75 million, putting it on track to reach 100 million by mid-2027. Germany’s NEURA Robotics also acquired Adlatus Robotics, a cleaning robot maker with over 20 years in the business, marking its fifth acquisition in 16 months as it races to build a full physical AI platform.
Let’s dive in.
💰 Funding rounds
London-based Boldr raised €4.2m to grow its connected heating and cooling platform. Read more here.
Oslo-based Volve raised $3m to expand its AI construction tendering platform. Read more here.
London-based Embedd raised €2.3m to build the software infrastructure for physical AI. Read more here.
Berlin-based Kazimi raised €2.2m to help app developers protect and verify first-party data. Read more here.
💡 Other news
London-based Revolut has surpassed 80 million users, hitting the milestone just three months after reaching 75 million. Read more here.
US-based Fireworks AI, the $17bn US AI company, is expanding to London. Read more here.
Paris & San Francisco-based Hugging Face is exploring a sale at a $13 billion valuation. Read more here.
📣 Fund news
Oslo-based RunwayVC reached €40m first close for Fund II to back industrial technology startups. Read more here.
🤝 M&A
Metzingen-based NEURA Robotics acquired Adlatus Robotics to give cleaning robots a new brain after raising €1.2b. Read more here.
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