Proxima Fusion partnership gives Europe its most credible path to commercial fusion

Fusion energy company Proxima Fusion has signed an agreement with the Free State of Bavaria, RWE, and Max Planck Institute for Plasma Physics (IPP) to put the world’s first commercial stellarator fusi…

BeyondMath secures $18.5M to expand its foundational physics AI model

London-basedBeyondMath, a deeptech company that has developed a novel generative physicsmodel, has raised a $10 million seed extension led by Cambridge Innovation Capital, with participation from exis…

Thiax secures PSV Hafnium backing for real-time X-ray inspection technology

Thiax, a Danish deeptech spin-out, has secured investmentfrom PSV Hafnium to advance its non-destructive 3D inspection technology forpolymer and composite parts.In many high-performance composite indu…

Refute raises £5M seed round to address disinformation threats

London-basedRefute, an AI-powered counter-disinformation company, has raised £5 million inseed funding in a round led by Amadeus Capital Partners, with participationfrom Playfair, Episode 1, Osney Cap…

Optalysys raises £23M to support photonic computing development

Leeds-based photoniccomputing company Optalysys has raised £23 million in a Series A extensionround led by Northern Gritstone, with participation from imec.xpand, LingottoHorizon, and the UK governmen…

Orbem raises €55.5M Series B to scale AI-powered MRI technology

Munich-based Orbem, adeeptech company applying artificial intelligence to magnetic resonance imagingto analyse food and biological systems, has closed a €55.5 million Series Bfinancing round. The roun…

Anzen Industries raises $2.2M for chemical production innovation

UK-based deeptech startup Anzen Industries has raised $2.2 million in pre-seed funding, led by LocalGlobe and Creator Fund, withparticipation from strategic angel investors across the UK, EU, and US,i…

CoolSem Technologies raises pre-seed funding for wafer-level thermal innovation

CoolSem Technologies, a semiconductor thermal management company, has closed a pre-seedfunding round led by High-Tech Gründerfonds (HTGF), with participation from KBCFocus Fund NV, the Brabant Develop…

Novo Nordisk Foundation backs BioInnovation Institute with €736M to scale life sciences and deeptech innovation

The Novo Nordisk Foundation has allocated up to €736 million (DKK 5.5 billion) to BioInnovation Institute (BII), a leading institute for life science and deep tech innovation in Copenhagen. The fun…

Touchwaves lands €1.5M for next-gen wearable tech for NATO

Touchwaves, a Dutch deeptech startup andspin-off from TNO, has raised €1.5 million in a pre-seed funding round. Theround was led by SecFund, which supports startups, scale-ups, and innovativeSMEs addr…