London-based startup Affinity Lab has announced a $2M pre-seed round led by Fuel Ventures, with participation from Antler, Google DeepMind, Meta, Playfair VC, Marcello Ascani, and Devran Amaratunga Karaca. The funding included a £497,787 grant from Innovate UK.
UK-based fintech Zilch is targeting a London IPO in 2027 after reporting a 79% plunge in losses and revenue approaching £110 million, strengthening the UK fintech’s case for a public listing.
Global venture capital firm Headline has closed its eighth European early-stage fund at $400 million, targeting Seed and Series A startups as investor appetite for artificial intelligence increases across the continent
London-based spacetech startup Foundational has raised £8.2 million in pre-seed funding as it emerges from stealth, targeting the growing need for more precise satellite positioning in orbit.
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.
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.
