Westfield Health nears £100 mn revenue as it launches Evolve platform
Westfield Health introduced Evolve, a digital platform for intermediaries, as revenue approaches £100 mn and demand grows for flexible health benefits
Investing News
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Starfish Space raises $100 mn+ to scale in-orbit servicing missions
Starfish Space secured over $100 mn in Series B funding to expand its Otter servicing missions and meet rising demand from defence and commercial clients
Herbert Ventures launches €32.5 mn fund to back early-stage DeepTech founders
Zurich-based Herbert Ventures launched a €32.5 mn fund targeting pre-Seed and Seed startups across Europe, with a focus on fast execution and founder alignment
MillTech secures €51 mn from Apax to expand FX risk platform
London-based MillTech raised €51 mn from Apax Digital Funds, valuing the firm at €277 mn as it scales AI-driven FX hedging and treasury solutions
Round Treasury raises €5.1 mn to scale AI finance automation platform
London-based Round Treasury secured €5.1 mn in Seed funding to expand its AI-driven platform and launch Agentic Workflow Builder and Autonomous Payroll
Nesto raises €11 mn to scale AI workforce platform for hospitality
Karlsruhe-based Nesto secured €11 mn from Expedition Growth Capital to expand its AI-driven workforce management platform across Europe
FinTech Pipe raises $16 mn to expand embedded finance for small businesses
FinTech Pipe secured $16 mn to scale its embedded financing platform after originating more than $300 mn in advances to SMBs globally
Portal Space raises $50 mn in Series A to scale maneuverable spacecraft development
Portal Space secured $50 mn in Series A funding to advance Starburst and Supernova vehicles, targeting rapid orbital maneuverability for defence and commercial use
Healthtech Chapter raises $100 mn in Series E to scale AI Medicare platform
Chapter secured $100 mn led by Generation Investment Management, doubling valuation as it expands AI-driven Medicare and retirement tools
Slate Auto raises $650 mn to push low-cost electric truck into production
Slate Auto secured $650 mn in Series C funding to support production of its affordable electric pickup, with first deliveries targeted for late 2026
Ukrainian Obriy AI raises $500k to scale multi-agent platform for enterprise & government
Kyiv-based Obriy AI secured $500,000 in pre-seed funding from N1 Investment Company to expand SURE, its workflow automation platform for enterprise and public-sector use
Harmix raises $1 mn to launch proactive AI manager for SMBs
Toronto-based Harmix secured $1 mn to launch Pam, an AI platform built to connect fragmented business data and reduce manual work for SMBs
Sophia Space teams with Kepler to build in-orbit compute network
Sophia Space signed a commercial deal with Kepler Communications to connect orbital compute nodes, while pushing ahead with its in-orbit data centre platform after a $10 mn seed round
Critical Loop raises $26 mn to cut grid connection delays for US sites
Critical Loop secured $26 mn, bringing committed capital to $49 mn, to speed power access for US industrial sites with modular microgrid systems
Autonomous drivetech Wayve added $60 mn to Series D, lifting valuation near $9 bn
UK autonomous driving firm Wayve added $60mn to its Series D, lifting valuation near $9bn as it moved toward robotaxi trials and wider vehicle deployment
Aveni launched the Agent Assurance Expert Council to tackle agentic AI in finance
Scottish fintech Aveni launched the Agent Assurance Expert Council to shape controls, transparency and trust around agentic AI in financial services
UK startup Compound secured £500k to modernise workplace pensions
UK startup Compound secured £500k to modernise workplace pensions, targeting low engagement and high opt-out rates with automation and improved UX
Kulipa raises $6.2 mn to scale stablecoin card issuing infrastructure
Paris-based Kulipa raised $6.2mn in seed funding to expand stablecoin-funded card issuing across regulated markets in Europe, Africa and the US
FinTech Round raised $6 mn in Seed to automate treasury, payroll & payments with AI
Round raised $6 mn in Seed funding to automate treasury, payments and payroll, after processing more than $500 mn in transactions
Ralio raises $2.5 mn to build payment rails for AI agents
UK startup Ralio secures $2.5 mn pre-seed to develop payment infrastructure for AI agents, targeting secure autonomous transactions
Certiv raises $4.2 mn to secure autonomous AI agents on employee devices
Seattle-based Certiv emerged from stealth with $4.2 mn in pre-seed funding to build endpoint security controls for autonomous AI agents in enterprise settings
Cybertech Surf launches with $57 mn to push AI-led preventive cybersecurity
New York-based Surf emerged from stealth with $57 mn in funding to automate security hygiene and remediate enterprise risks with agentic AI
Conduit Health raises $17 mn to expand AI platform for insurance-covered medical supplies
Conduit Health secured $17 mn in Series A funding to grow its AI platform for Medicare and Medicaid patients needing insurance-covered medical supplie
Yuzu Health raises $35 mn in Series A to rebuild health insurance infrastructure
Yuzu Health secured $35 mn in Series A funding to expand its health plan platform, automate back-office workflows, and scale modern insurance operations nationwide
Startup Deeptune raises $43 mn led by a16z to build virtual training grounds for AI agents
New York-based Deeptune secured $43 mn in Series A funding to expand simulation-based training for AI agents as the industry searches for new data sources
Omniscient raises €3.5 mn in pre-seed to bring AI intelligence to the C-suite
Paris-based Omniscient secured €3.5 mn in pre-Seed funding to expand its AI decision platform for boards and senior executives across global organisations
Xoople secures €112.6 mn to build Earth data infrastructure for AI
Madrid-based Xoople raised €112.6 mn in Series B funding to scale its Earth data platform and expand real-time intelligence for AI, insurers, and enterprises
Trent AI raises $13 mn to secure the rise of autonomous AI agents
London-based Trent AI raised €11 mn in seed funding to build security infrastructure for autonomous AI systems as enterprise adoption outpaces governance
Blossom Health raises $20 mn to expand AI-led psychiatry care
Blossom Health secured $20 mn in seed and Series A funding to expand its AI-native telepsychiatry platform, insurer ties, and clinician network across the US
Insurtech Qover secures $12 mn from CIBC as embedded insurance grows
Qover raised a $12 mn growth facility from CIBC, pushing total funding past $100 mn as it expands its embedded insurance platform and AI stac
US InsurTech deal share expands as AI dominates 2025 funding
US InsurTechs increased global deal share to 55.74% in 2025, while AI-focused firms captured 66% of funding and led Q4 activity
InsurTech funding rose in 2025 to $5.1 bn as Q4 capped a stronger year
Global InsurTech funding picked up in 2025 after three weak years. Total investment rose 19.5% year on year to $5.1 bn, the first annual gain since 2021
J.C. Flowers backs Niyam and Lloyd’s Syndicate 2047 in India
J.C. Flowers will take a controlling stake in Niyam and lead investment in Syndicate 2047, building a reinsurance platform from GIFT City into India
Zalos raises €3.1 mn to scale AI finance agents for enterprise systems
Zalos secured €3.1mn to expand its Computer Agents for finance teams, targeting large enterprise deployments and on-premise systems without ERP replacement
First Central hires banks for potential £1 bn London IPO
UK insurer First Central is working with Deutsche Bank and UBS on a potential London IPO that could value the company at around £1 bn
Insurtech Shepherd raises $42 mn to push AI underwriting in commercial insurance
Shepherd secured $42 mn in Series B funding to expand its AI underwriting platform for construction, infrastructure, and other asset-heavy commercial sectors
Galtea raises €2.7 mn seed to test AI agents before production
Barcelona-based Galtea secured €2.7 mn to expand its AI evaluation platform, helping enterprises test AI agents with less cost and better production reliability
MSIG Asia backs insurtech Ancileo to expand travel insurance across Asia
MSIG Asia made a strategic investment in Ancileo and formed a regional partnership to grow digital travel insurance across Asia’s fast-moving travel market
Startup Mandel AI raises €3.6 mn seed to automate supply chain coordination
Sofia-based Mandel AI secured €3.6mn from Y Combinator and others to automate supplier coordination, detect disruptions, and streamline procurement
SpaceTech startup Arkadia Space lands €14.5 mn from EIC to scale green satellite propulsion
Arkadia Space secured €14.5 mn from the EIC Accelerator to scale green propulsion systems for satellites and push commercial rollout in Europe
OpenUp raises €20 mn to expand employee mental health platform in Europe
Amsterdam-based OpenUp secured €20 mn from Smartfin and Rubio to expand across Europe and grow its employee mental health platform
Insurtech Kayna raises €1.5 mn seed round to expand in the UK and US
Irish insurtech Kayna secured €1.5 mn in seed funding to grow in the UK and US and expand embedded insurance for vertical SaaS platforms
Health insurtech Alan reaches $5.83 bn valuation after new $116 mn funding round
French health insurtech Alan raised $116 mn at a $5.83 bn valuation, backing AI investment, international growth, and further platform expansion
Insurtech Loxa closes £2.7 mn seed round to expand retail insurance platform
UK InsurTech Loxa raised £2.7 mn in seed funding to expand across Europe, grow retail partnerships, and broaden product protection coverage
Insurtech Azos raises $24 mn to expand AI push in Brazil life insurance
Azos secured R$125 mn ($24 mn) to scale AI tools and grow in Brazil’s individual life insurance market, where Bradesco and Prudential still dominate
RockRose Risk raised $9 mn to expand wildfire insurance brokerage
RockRose Risk raised $9 mn in funding to expand its brokerage platform focused on wildfire-exposed properties. CEO and founder Andrew Engler confirmed the financing
Encord raises €50 mn Series C as physical AI data demand surges
London-based Encord secures €50 mn to scale AI data infrastructure while Europe pours over €3 bn into models, compute and autonomy stacks
Delphyr raises €1.75 mn to scale AI agents for clinicians
Amsterdam startup Delphyr secures €1.75 mn to cut admin load for clinicians as EU funding in AI healthcare automation accelerates
Seraphim Space fund tops €84 mn target in oversubscribed close
Seraphim Space exceeds €84 mn early-stage fund target, backed by BBB and NSSIF, as European SpaceTech funding momentum continues
ARIA backs CommonAI with €18 mn for UK inference scaling
UK’s ARIA joins CommonAI with €18 mn grant to launch Scaling Inference Lab, boosting compute efficiency and AI infrastructure delivery
Insurtech General Magic raised $7.2 mn to cut insurance quote time
Toronto-based General Magic secures $7.2m seed round to deploy SMS AI agents that reduce insurance quote time from 30 minutes to under 3
Stockholm startup Agaton raises $10 mn seed to scale AI voice analytics for sales
Startup Agaton emerged from stealth with $10 mn in total seed funding to expand its AI-driven voice analysis platform for enterprise sales teams
Flinn raises $20 mn to automate medtech compliance workflows
Vienna-based Flinn secured $20 mn in follow-on funding to expand its AI-driven regulatory and quality automation platform for medtech manufacturers
European regtech Copla raises €6 mn Series A to scale real-time compliance tech
Regtech startup Copla secured €6 mn in Series A funding to expand its real-time compliance infrastructure for regulated financial services
Berlin startup Cognee raised €7.5 mn to build structured memory for AI agents
Berlin startup Cognee secured €7.5 mn to expand its structured memory infrastructure for AI systems and autonomous agents
Healthtech Pontiro secured £357,5k to scale NHS imaging AI infrastructure
Pontiro raised £357,500 in a round led by SFC Capital, with participation from Plug and Play Ventures and the British Business Bank
Startup Hemi Health raised €4 mn seed to expand migraine care abroad
Frederiksberg-based Hemi Health secured €4 mn in seed financing to expand beyond Denmark, starting with the Netherlands
Proptech Lystio raises €500 k to scale AI real estate search in Austria
Vienna-based Lystio secured €500,000 to expand its AI-native property portal, with capital directed toward refining its search engine and extending AI-driven product features
Startup Syndicate One reaches €22 mn first close for second fund
Belgium tech startup Syndicate One completed the first close of its second fund at €22 mn, exceeding target demand within eight weeks of its initial pitch
Startup World Labs secures $1 bn to scale spatial AI models
World Labs raised $1 bn to advance spatial intelligence systems designed to generate and reason across immersive 3D environments
Over 40% of agentic AI projects will be canceled by the end of 2027, due to escalating costs, unclear business value or inadequate risk controls
Insurers enter 2026 with longer settlement cycles, rising volumes, and slow AI adoption, increasing costs and operational risk, AutoRek finds
How insurers use AI, parametric models and data to close the global protection gap, support climate finance, and strengthen resilience amid regulatory fragmentation
Although cyber incidents have not resulted in a significant systemic event for the U.S. financial services sector to date, they could pose risks to financial stability