Hello and welcome back.
The UK went big yesterday with a plan for 40 data centres and a new push to grow deep tech, and a lot happened across the rest of Europe too.
Let's dive in.
💰 Funding rounds
Noah raised $38M seed to make international money transfers faster and cheaper. Read more here.
Rivercell raised €22M seed to use AI to speed up drug discovery. Read more here.
VoltR raised €22M to expand its business of turning used lithium batteries into new ones. Read more here.
Netsec raised €8.93M to run IT and cybersecurity for mid-sized companies using AI. Read more here.
Konsileo raised €5.9M to grow its insurance brokerage and add AI to its platform. Read more here.
PlannerPal raised $6M to sell its AI tools to financial advice firms. Read more here.
MintNeuro raised €4.4M to make computer chips for brain implants and other neural devices. Read more here.
Cori Clinical raised €3.56M seed to cut delays and costs in clinical trials. Read more here.
🌱 Startup news
Dust has launched in London. The company lets teams coordinate cross-functional work using any AI model and connect to any system. Read more here.
💡 Other news
The UK has launched a Scaleup Pathway to help deep tech companies grow and build their manufacturing in Britain, linking London with the West Midlands. Read more here.
Cloud provider Civo has started building 40 edge data centres across the UK. Read more here.
📣 Fund news
Forbion raised €2.3B across two funds to back about 30 biotech companies. Read more here.
Endeavor Catalyst closed $320M Fund V, with Europe now its fastest-growing market. Read more here.
Chargebee’s Beelieve Roadshow comes to Paris 🇫🇷
It’s an exciting event on Oct 14 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.
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