Hello and welcome back.
Yesterday Germany got a new robotics unicorn, and a Ukrainian drone maker raised money to grow its production. There were also raises for everything from legal research to cement.
Let’s dive in.
💰 Funding rounds
Namespace raised €37M Series B to scale coding, build, and test infrastructure across Mac, Windows, and Linux. Read more here.
Pandektes raised €13.5M Series A to build data infrastructure for artificial intelligence-powered legal research across European jurisdictions. Read more here.
Buntar Aerospace raised $16M to expand reconnaissance drone production and advance autonomous defense capabilities. Read more here.
Reclinker raised £10M Series A to scale technology converting demolition waste into low-carbon cement using existing steel recycling infrastructure. Read more here.
Fleuret AI raised €4M pre-Seed to automate penetration testing with agentic AI. Read more here.
Rodinia Generation raised €4M to expand its O-factory flexible clothing production technology toward industrial-scale manufacturing. Read more here.
🌱 Startup news
RobCo reached €1B valuation, becoming a robotics unicorn, through combination of new investment and employee secondary share sale. Read more here.
Fonio.ai surpassed $15M ARR with 85% gross margin, two months after hitting $10M ARR with its AI-powered voice customer service platform for SMEs. Read more here.
Yoto hit $180M revenue, up 41% year-over-year, with screen-free speakers for children now in 3,000 North American stores. Read more here.
💡 Other news
Aleph Alpha released Kolibri-1, an open-source German-English AI model built and trained entirely in Europe. Read more here.
🎧 Podcast of the day
Scaling Europe Podcast featured Laura Connell, Managing Partner at Atomico, on why Europe needs larger growth funds to compete globally. Watch here.
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Chargebee’s Beelieve Roadshow is now landing in Berlin and Paris
It’s an exciting event for software teams working out how to price and run their business in the AI era. If you’re based in either city, here’s your chance to learn how to build a scalable business model as AI changes how software is sold.
Register below for the events:
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