Ysios Capital launches €100M fund to build biotech companies from Spanish science
Ysios Capital launches €100M fund to build biotech companies from Spanish science

Spain’s largest life sciences VC is moving upstream with InceptionBio, its first fund dedicated to the riskiest stage of biotech: company creation from university and research centre spinouts. CDTI is an anchor LP. The target is at least three new comp…

Keith raises £2M to become the UK’s most automated law firm
Keith raises £2M to become the UK’s most automated law firm

Andy Shovel and Pete Sharman, who built THIS into a market-leading plant-based food brand, are pivoting hard. Keith is an AI-native regulated law firm targeting conveyancing first, with a 24/7 AI client agent and a target of reducing transaction times …

Shield AI raises $2 billion to scale its autonomous combat pilot Hivemind
Shield AI raises $2 billion to scale its autonomous combat pilot Hivemind

Shield AI, the San Diego defence technology company behind the autonomous pilot system Hivemind, announced on Wednesday that it has raised $2 billion in combined funding at a $12.7 billion valuation. The company will use part of the proceeds to acquire…

PaperShell secures €40.3M EU grant to build its first full-scale factory
PaperShell secures €40.3M EU grant to build its first full-scale factory

The Swedish deeptech company has signed a Grant Agreement with the European Commission under the EU Innovation Fund, unlocking €40.3M of a €83M project to expand its Tibro plant to 23,000 tonnes per year capacity by 2030. The material is already NATO-a…

Herbalife acquires Bioniq in a deal worth up to $150M
Herbalife acquires Bioniq in a deal worth up to $150M

The London-based personalised supplement startup, which uses blood biomarker data to formulate individual supplement regimens, will be integrated into Herbalife’s 95-market network. The $55M guaranteed price is paid over five years; up to $95M in addit…

Theia Insights raises $8M to replace the static industry classification systems
Theia Insights raises $8M to replace the static industry classification systems

The Cambridge-based AI company, founded by a former Amazon Alexa research scientist, builds a self-learning economic map that models companies as multidimensional entities rather than forcing them into a single bucket. MiddleGame Ventures led; Unusual …

Uber, Pony.ai, and Rimac’s Verne announce Europe’s first commercial robotaxi service
Uber, Pony.ai, and Rimac’s Verne announce Europe’s first commercial robotaxi service

On-road testing in Croatia’s capital is already underway using Pony.ai’s Gen-7 system on the Arcfox Alpha T5, a Chinese-manufactured robotaxi. Uber intends to invest in Verne. The three companies plan to scale to thousands of vehicles across Europe, bu…

OpenUp raises €20M to scale employee mental health platform
OpenUp raises €20M to scale employee mental health platform

The Amsterdam startup, which gives employees direct anonymous access to psychologists, lifestyle experts, and financial counsellors through their employer, now serves more than 2,000 organisations across five European markets. Smartfin led the round; R…

SOUS raises €4M to power culinary entrepreneurs
SOUS raises €4M to power culinary entrepreneurs

The Amsterdam startup, founded in 2022, is building a single AI platform that handles customer discovery, direct ordering, and retention for independent food and beverage operators. seed + speed Ventures led the round; PeakBridge returned alongside ālt…

Arkadia Space raises €14.5M for green propulsion system
Arkadia Space raises €14.5M for green propulsion system

The Spanish propulsion startup, based at Castellón Airport, is the first Spanish space company selected for the European Innovation Council Accelerator. Its DARK system became the first hydrogen peroxide propulsion system flown in orbit in Europe, laun…