London-based AI startup Zenithon AI has raised $10 million to develop AI-powered world models that build complex engineering simulations for fusion energy, rocketry, and semiconductor manufacturing.
London-based payments fintech Checkout.com has reached $750 million in annualized net revenue, as the company reports financial performance and expanding payment volumes.
Paris-based venture capital firm Sofinnova Partners has raised €82 million for a new fund to create and back medtech companies across Europe and the US, as investors pour more capital into healthcare technologies.
Revolut is bringing facial recognition payments to the UK high street, letting customers pay in-store with their face instead of a card, phone, or cash.
Connect Ventures has announced the first close of its $80 million Fund V, targeting early-stage technology companies built by technical founders across Europe.
Project Ventures has launched a €5.8 million fund to invest in early-stage DeepTech and AI startups emerging from the Imperial College London ecosystem.
The UK’s £500m Sovereign AI Fund is in talks to back Potential Sciences, a London-based drug discovery startup seeking to raise £500m in a major funding round.
London-based biotech startup Eterna Regeneratives has raised $4 million in seed funding to advance a regenerative technology that could help repair damaged tooth enamel and, eventually, regenerate bone.
Manchester-based payments firm Ryft has raised £20 million in a Series B round after tripling in size, giving the fintech fresh capital to accelerate international expansion.