Vinted just landed in New York, kicking off its US expansion at a $9bn valuation as the secondhand fashion giant edges closer to a potential IPO. London-based Legora also acquired legal AI startup Wexler, its fifth acquisition this year following a $600m Series D.
Let's dive in.
💰 Funding rounds
London-based Plend raised €58.3m to provide responsible, affordable credit using Open Banking data and proprietary technology assessment beyond traditional credit scores. Read more here.
Rome-based Drivalia raised €48m to accelerate electric vehicle deployment and sustainable mobility solutions Italy and Finland. Read more here.
London-based Agon raised $30m seed to build AI training models for European defence infrastructure and counter-drone capabilities. Read more here.
Cambridge-based Qureight raised $20m Series B to expand AI imaging platform for lung and heart clinical trials. Read more here.
Vilnius-based Sigvi raised €1.2m pre-seed to scale AI-powered car rental platform aggregating vehicles from independent operators and managing end-to-end operations with dynamic pricing and keyless access. Read more here.
London-based Kinematic Trees raised £585,000 pre-seed to develop robot-agnostic software integration layer enabling advanced robotics deployment across different hardware platforms. Read more here.
🌱 Startup news
Robbie O'Connor, former exec at Notion Labs, Asana Inc and Dropbox Inc, joined viktor.com as Chief Revenue Officer to scale AI employee platform for SMBs. Read more here.
💡 Other news
Vilnius-based Vinted expanded into US marketplace starting with New York, scaling secondhand fashion resale platform ahead of potential IPO. Read more here.
🤝 M&A
London-based Wexler got acquired by Legora to integrate AI fact intelligence platform for extracting and verifying factual records into agentic operating system for litigation and legal disputes. Read more here.
Suffolk-based F1 Seed got acquired by Oxford-based Wild Bio to create UK’s first independent precision-breeding wheat business combining evolutionary biology, AI, and gene editing with established breeding expertise. Read more here.
🎧 Podcasts
EU-Startups Podcast featured Tom Wehmeier, Partner and Head of Intelligence at Atomico, discussing European technology and venture capital strategy. Listen here.
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