Weeks after selling Boston Dynamics to Hyundai for $325m, SoftBank is already lining up its next robotics bet, a potential $500m+ deal for Gravis Robotics. London-based Dwelly also closed a $170m Series B to acquire more UK letting agencies and automate them with AI, with the CEOs of ElevenLabs, Legora and Synthesia among its backers.
Let’s dive in.
💰 Funding rounds
London-based Dwelly raised $170m in Series B to buy and automate UK letting agencies using AI. Read more here.
London-based Greyparrot raised $27m Series B to scale AI waste intelligence platform for recycling and material recovery. Read more here.
Zürich-based ZuriQ raised €22.4m Seed to scale its 2D trapped-ion quantum processors. Read more here.
Netherlands-based Xeltis raised €20.5m to develop artificial vessels and valves that are replaced by patients’ own living tissue. Read more here.
Sofia-based Tiger Technology raised €8.7m in Series A to advance always-on hybrid cloud data infrastructure for mission-critical operations. Read more here.
London-based DITTO raised €5.2m Seed to develop science-led supplements for menstrual health and conduct research. Read more here.
Munich-based 5U AI raised $3.2m Pre-seed to develop AI-powered digital workers for freight forwarding operations. Read more here.
📣 Fund news
UK pension providers are establishing a £1 billion Scale Up fund with support from British Business Bank to back innovative British tech companies. Read more here.
🤝 M&A
Zurich-based Gravis Robotics is in discussions with SoftBank for a potential acquisition at over $500 million valuation to develop autonomous hardware and software for excavators. Read more here.
🎧 Podcasts
Scaling Europe Podcast featured Dan Lifshits & Ilia Drozdov, Co-founders of Dwelly, on AI-powered transformation of UK letting agencies following the company’s $170 million Series B. Listen here.
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