Pace secures $10 mn Series A led by Sequoia to scale agentic AI replacing insurance BPO work
Pace secures $10 mn Series A led by Sequoia to scale agentic AI replacing insurance BPO work across submissions, claims, and policy servicing
Investing News
Startup Paraglide raises €4.2 mn to automate accounts receivable with AI
Malmö-based Paraglide secures €4.2 mn Seed funding led by Bessemer and DN Capital to scale AI agents for accounts receivable across Europe
ZOHO VC secures 70% of €10 mn debut fund at first close
ZOHO VC, backed by ZOLLHOF Tech Incubator, reaches €7 mn first close for its debut fund, targeting pre-Seed and Seed tech startups in Europe
Ascension Ventures secures £10 mn to back UK pre-seed founders
Ascension Ventures receives up to £10m from the British Business Bank to expand regional access to pre-seed and seed capital across the UK
Armilla AI expands standalone AI liability cover to $25 mn limits
Armilla AI increases AI liability limits to $25m with all-risks coverage as insurers add generative AI exclusions across cyber, E&O, and liability policies
Tokio Marine invests $5 mn for minority stake in insurtech Igloo
Tokio Marine acquires a 1.65% stake in Singapore-based insurtech Igloo as it accelerates embedded insurance and digital retail expansion in Southeast Asia
Vanagon Ventures closed €20 m fund to back Europe’s deep-tech founders
Munich-based Vanagon Ventures raises €20m Fund I to invest at pre-seed and seed stage in AI, quantum, and industrial deep-tech startups
HealthTech Benepass raised $40 mn as employers brace for rising healthcare costs
Benepass secures $40m Series B funding to expand its benefits capital management platform as US healthcare costs are forecast to rise nearly 10% in 2026
Fintech Zocks raises $45 mn Series B to scale AI for financial advisors
San Francisco-based Zocks secures $45 mn in Series B funding to expand its privacy-first AI platform for financial advisors, bringing total funding to $65 m
Insurtech Mantas raises $1.8 mn to insure cloud outages with parametric cover
Digital risk startup Mantas exits stealth with $1.77m seed funding to launch parametric insurance for cloud outages across MENA and North America
Insurtech XBuild raises $19 mn Series A to scale AI estimating for insurers
San Francisco-based insurtech XBuild secures $19 mn Series A led by N47 to expand its AI-native estimating platform used by contractors and insurers
Insurtech Stoïk raises €20 mn Series C to scale cyber insurance across Europe
Paris-based insurtech Stoïk closes €20 mn Series C led by Impala and Opera Tech Ventures to expand AI-driven cyber insurance and response across Europe
Fracttal raises $10 mn to scale asset maintenance software globally
Fracttal secures $10 mn led by Kayyak Ventures to expand AI- and IoT-driven asset maintenance across Europe and Latin America
Ethos targets up to $210 mn IPO as life insurtech returns to markets
Life insurance platform Ethos files for IPO seeking up to $210m, valuing the company near $1.26bn as venture-backed insurtech listings resume
Unicorn Pennylane raises €175 mn to scale AI finance OS for European SMEs
Paris-based unicorn Pennylane secures €175m led by TCV and Blackstone Growth to accelerate AI development and prepare for European market consolidation
Berlin AI startup GeneralMind raises €10.2 mn for ERP automation layer
GeneralMind closes a €10.2 mn pre-seed round to build an AI System of Action that automates workflows across ERP, email, and enterprise tools
Workplace fintech startup Stream raises €76 mn Series D led by Sofina
London-based Stream secures €76 mn in Series D funding to expand workplace finance tools, pensions products, and US operations
Insurtech SelectQuote closes $415 mn credit facility to extend debt maturity to 2031
SelectQuote secured a $415 mn credit facility led by Pathlight Capital and UMB Bank, refinancing term debt, boosting liquidity, and extending maturities to 2031
Osapiens reaches unicorn status with €85.8 mn Series C led by Decarbonization Partners
Mannheim-based osapiens secured €85.8 mn in Series C funding led by Decarbonization Partners, lifting the ESG software provider to unicorn status
WithCoverage raises $42 mn Series B to replace commission-based insurance brokers
WithCoverage, an AI-enabled risk management platform positioning itself as a replacement for traditional insurance brokers for fast-growing companies, has closed a $42 mn Series B
CyberTech Zepo Intelligence raises €12.8 mn to counter AI-driven social engineering
Spanish cybersecurity startup positions agentic human-risk defence as generative AI reshapes attack patterns across enterprises
Ex Nunc Intelligence raises €1.8 mn pre-Seed to build legal AI infrastructure
Oversubscribed round backs Lausanne LegalTech startup positioning Silex as a foundational layer for trusted legal intelligence in Europe
FluoSphera raises €1.23 mn to push multi-tissue drug discovery beyond animal models
The Geneva spin-off is scaling its patented human-relevant platform as pharma looks for faster, safer preclinical validation
Nuclera adds $12 mn to Series C as investors back AI-ready protein platforms
Cambridge-based biotech lifts total Series C to €74 mn, expanding antibody expression and validation inside its benchtop discovery system.
Insurtech Corgi raises $108 mn to launch AI-native insurance carrier for startups
Startup insurer Corgi secured $108 mn from YC and others after regulatory approval, scaling its AI-driven, full-stack insurance model for tech companies
BioTech Engitix lands €21 mn extension to push ECM cancer therapies
London-based Engitix secures a €21mn Series A extension to advance ECM-targeted oncology and fibrosis drug programs
Equitable Earth raised €12.6 mn to scale nature-based carbon certification
Paris-based Equitable Earth (formerly ERS), a provider of certification for nature-based carbon projects, closed a €12.6 mn Series A round to push the expansion
MedTech FineHeart raised €35mn Series C and €48 mn in EU grants
French MedTech FineHeart raises €35mn Series C and €48mn in EU grants to scale its FlowMaker device for advanced heart failure
HealthTech Tucuvi raised €17 mn to scale certified voice AI in healthcare
Madrid-based Tucuvi secures €17mn Series A to expand its certified voice AI platform across European and US healthcare systems
MilTech NanoXplore raised €20 mn to push defence chips and EU sovereignty
French chipmaker NanoXplore secures €20 mn from MBDA and Bpifrance to expand into defence electronics and reinforce Europe’s ITAR-free supply chain
Startup Aidoptation raises €20 mn to scale AI autonomous systems
Belgian-American startup Aidoptation secures €20 mn to accelerate AI-driven autonomous systems for automotive, security, and defence use
HealthTech Pragmatech raised €650k to scale CE-marked AI antibiotic tool
Spanish HealthTech Pragmatech secures €650k to accelerate rollout of iAST, its CE-marked AI software for antibiotic prescribing
Startup Alvotech secures €100 mn term loan to fund 2026 execution
Reykjavík-based Alvotech raises a €100 mn senior term loan led by GoldenTree, boosting liquidity and replacing its prior working capital facility
SaaS startup MotorK raises extra €3 mn debt from Atempo to bolster balance sheet
Milan-based MotorK secures an additional €3 mn tranche from Atempo Growth, extending existing debt to support liquidity and corporate needs
Asia is experiencing highest rate of growth in insurtech investments
Asia’s insurtech sector has increased in breadth and depth in recent years. With the region currently poised as the fastest-growing global market for insurtech investmen
Insurtech Enzo raises €4 mn Seed extension to scale AI water damage tech
Heidelberg-based Enzo secures €4mn in new Seed funding to expand its AI-driven water damage prevention platform and insurer partnerships
Exein raises €100 mn as embedded cyber security spreads across devices
Exein secures €100 mn in new funding, lifting 2025 total to €170 mn, as demand grows for embedded cybersecurity in connected devices worldwide
Adaptive Security raises $81 mn Series B as AI cyber risks surge
Adaptive Security closes an $81 mn Series B led by Bain Capital Ventures with NVIDIA and OpenAI backing, bringing total funding to $146.5 mn
Nirvana Insurance hits $1.5 bn valuation in $100 mn Series D
Nirvana Insurance raises $100mn Series D led by Valor Equity, lifting valuation to $1.5bn as AI-driven trucking insurance draws fresh capital
Maximum Information raises £2.3 mn seed led by Insurtech Gateway to build cat risk tools
Insurtech Gateway leads a £2.3 mn seed round in Maximum Information as the firm builds vendor-agnostic catastrophe risk analytics
IFC to take 20% stakes in VIG’s Ukrainian non-life insurers, USG and Kniazha
IFC plans to invest in two Vienna Insurance Group insurers in Ukraine, backing growth, digitalisation, and insurance capacity ahead of reconstruction
Insurtech Acko steps up IPO plans, targets $300-400 mn listing by 2027
Indian insurtech unicorn Acko advances IPO preparations, eyeing a $300–400 mn raise as losses narrow and growth accelerates across health and embedded insurance
Insurtech Parametrix raises $27 mn Series B to insure data center downtime
Parametrix secures $27 mn Series B as demand grows for insurance covering data center SLA breaches and digital downtime risk
Vietnam insurtech Saladin raises Series A led by SBI Ven Capital
Vietnam-based Saladin secures Series A funding to expand into life and health insurance, scale AI-driven distribution, and deepen enterprise partnerships
India opens insurance fully to foreign investors, eases nuclear laws
India approves reforms to atomic energy rules and removes foreign ownership caps in insurance, aiming to attract capital and private participation
Deck2 Capital buys Auto Europe as it kicks off $400 mn OTA roll-up plan
Deck2 acquires Auto Europe via a restructuring deal, launching a US$400mn OTA roll-up built around AI upgrades and insurance distribution
Ondo InsurTech launches WRAP Retail Offer as part of £2.48 mn raise
Ondo opens a discounted WRAP Retail Offer for UK shareholders, adding £0.20m to a wider £2.28m placing and subscription aimed at shoring up operations
Aistech Space nets €8.5 mn to boost multispectral and TIR Earth-observation platform
Aistech Space, a Spanish spacetech company building a constellation of small satellites for thermal and multispectral Earth observation, closed one of the largest rounds
Insurtech Liablix raised €1.2 mn to scale automated motor-claims analysis tech
Liablix secures €1.2 mn pre-seed to expand its AI-driven motor-claims platform built for insurers seeking accuracy, speed, and fraud reduction
Curative secures $150 mn Series B to scale its $0-cost insurance model
Curative raises $150mn at a $1.275bn valuation to expand its $0-out-of-pocket health plan, boost AI-driven member tools, and grow beyond Texas, Florida and Georgia
FSD Africa sets up $30 mn 3iF fund to back early African insurtech startups
FSD Africa launches a $30 mn Inclusive Insurtech Fund to boost early-stage African insurtech, expand access and spur climate, health and financial inclusion
Insurtech Roojai pulls in $60 mn Series C to scale Thai and Indonesian expansion
Roojai secures $60 mn in Series C funding from Apis Partners and Asia Partners to push regional growth, new products and strategic M&A
Humbrela secured €161 k to scale AI platform unifying insurance data
Swiss startup Humbrela raises €161k to enhance its AI platform that consolidates insurance and warranty data for brokers, MGAs and wholesalers.
Insurtech Federato raised $100 mn as insurers shift from legacy cores to AI native
Federato lands $100mn Series D led by Goldman Sachs Alternatives to scale its AI native policy lifecycle platform and expand globally
Insurtech Laka secured £6.5 mn debt facility to accelerate European green mobility push
Laka adds £6.5m from HSBC Innovation Banking to drive EU expansion, M&A activity and leadership in the fast growing micromobility insurance market
Insurtech Anzen raised $16 mn Series A to scale AI platform reshaping commercial insurance
Anzen secures $16mn Series A to expand AI powered workflows, deepen carrier integrations and launch Anzen Pro for unified commercial insurance distribution
Insurtech District Cover raises $6 mn to expand urban insurance access across the US
District Cover secures $6mn to scale its platform, expand products, and boost insurance access for underserved urban businesses nationwide
CERPRO raises €2 mn to speed up QA with AI driven technical drawing software
German startup CERPRO lands €2mn to scale QualiSpec, its AI tool that automates inspection planning and modernises QA for complex manufacturers
Insurtech Fintary raises $10 mn to automate insurance commission operations
Fintary secures $10m Series A led by Infinity Ventures to expand its AI platform that automates insurance commission and financial management
Aviva Ventures invests in Indico Data to push AI adoption in insurance
Aviva Ventures invests in Indico Data, boosting AI automation in insurance and expanding adoption across global carriers, including London Market leaders
Global InsurTech funding rose 19.5% to $5.1 bn, with Q4 driving momentum as deal count and average size increased sharply, marking the first annual increase since 2021
InsurTech moves past disruption narrative, focuses on underwriting, AI, and operational efficiency as funding drops and insurers demand measurable results
Bitcoin ETFs simplify the process. This structure enables you to access your exposure within an asset via an already harmonized structure within the regulations concerning settlement and risk management
Private equity’s grip on US insurers deepens risk concerns as assets shift into opaque credit, offshore deals and affiliated investments