London-based Stability AI raised $76m in a round backed by Universal, Sony and Warner Music, making it the first AI company to get equity investment from all three major labels, alongside backers like James Cameron and Eric Schmidt. Einride’s founders also launched Navisalma, a new venture firm aiming to raise up to €450m and back at least ten deep tech unicorns over the next decade.
Let’s dive in.
💰 Funding rounds
London-based Stability AI raised $76m Series B to expand creative AI tools for music, gaming and entertainment. Emad Mostaque, Cyrus Hodes. Read more here.
UK-founded Breedr raised €23m to expand its livestock technology platform globally. Ian Wheal. Read more here.
UK-based Certain Energy raised €11.6m Series A for long-duration energy storage. Vladimir Yufit, Nigel Brandon, Anthony Kucernak, Tim Von Werne. Read more here.
Paris-based ColibriTD raised €4m Seed to scale its quantum-powered multiphysics simulation platform. Laurent Guiraud, Hacène Goudjil. Read more here.
Stockholm-based Solace Care raised €2.1m to expand end-of-life care platform across Europe. Valtteri Korkiakoski, Josef Karakoca. Read more here.
Brussels-based Motion raised $2m to expand humanoid robot deployments across Europe. Alexander Stevens. Read more here.
📣 Fund news
Sweden-based Navisalma, a new venture firm from Einride founders, targets €450m for European deep tech investments. Robert Falck, Linnéa Kornehed Falck, Robert Westerdahl. Read more here.
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