Hello and welcome back.
A big day yesterday with lots happening with fintech and cybersecurity leading the raises, and SAP made the biggest software startup acquisition Belgium has ever seen.
Let’s dive in.
💰 Funding rounds
Spiko raised $90M Series B for tokenised money market funds. Read more here.
Hadrian raised $40M to automate penetration testing with AI agents. Read more here.
Vates raised €30M Series B for open-source virtualisation infrastructure. Read more here.
WhiteLab Genomics raised €23.2M Series B for AI-designed genomic medicine delivery. Read more here.
Finmid raised €17M Series A extension for embedded lending platforms. Read more here.
Vocca raised $20M Series A for an AI phone assistant for medical practices. Read more here.
Procuros raised €20M Series A for AI-automated B2B trade networks. Read more here.
Edonia raised €15M for microalgae-based protein ingredients. Read more here.
Cleavr raised €8M seed for AI-powered invoice collection. Read more here.
calliora raised $6M pre-seed for AI hospital billing automation. Read more here.
Comparables.ai raised $6M seed for AI-powered M&A deal sourcing. Read more here.
Nettle raised $4.8M seed for AI insurance underwriting. Read more here.
Finches raised €2M pre-seed for agricultural supply chain intelligence. Read more here.
hexafarms raised €4.8M seed for greenhouse monitoring systems. Read more here.
SimpL raised €1.2M pre-seed for AI-powered B2B sales. Read more here.
🌱 Startup news
Black Forest Labs announced FLUX 3 is the strongest AI model. Read more here.
📣 Fund news
Graduate Ventures closed €125M second seed fund for university spinouts. Read more here.
British Business Bank committed €11M to Fuel Ventures for early-stage founders. Read more here.
NVM Ventures launched €23.6M deeptech fund. Read more here.
🤝 M&A
TechWolf was acquired by SAP for workforce intelligence. Read more here.
Circula was acquired by Personio for spend and payroll management. Read more here.
Subscribe to the weekly edition for the highlights here.
Chargebee’s Beelieve Roadshow comes to Paris 🇫🇷
It’s an exciting event for software teams working out how to price and run their business in the AI era. Here’s your chance to learn how to build a scalable business model as AI changes how software is sold. Register here for the event.
Built to scale with ambition
Scaling a venture-backed business takes more than a bank account.
NatWest Venture Banking brings together
specialist relationship support, sector expertise, flexible funding and powerful connections to help ambitious companies extend runway, optimise cashflow and accelerate growth.
We work with high-growth, institutionally-backed businesses across technology, fintech, life sciences, climate tech, healthcare and other disruptive sectors, alongside the venture capital investors supporting them.
Right now, the team is helping founders strengthen financial foundations, explore growth and venture funding options, expand internationally and connect with relevant investors and partners.
We’re also supporting VC firms with dedicated fund banking and their portfolio companies’ growth, while opening access to NatWest’s wider network, digital banking capabilities and strategic partners.
Building something with scale in its sights? Let’s talk. Visit our website to get in touch.
