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
Investing News
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
INSTANDA secures $20 mn to expand InsurTech platform in US and Europe
London InsurTech INSTANDA raises $20m led by CommerzVentures, pushing total funding beyond $85m, fueling AI-driven growth, acquisitions, and US-Europe expansion
Omnix Medical secured $25 mn Series C to advance antibiotic resistance therapies
Jerusalem-based Omnix Medical raises $25 mn Series C, led by Harel Insurance & Finance and the EIC Fund, to push Phase II trials of its lead drug OMN6
Exzeo targets $178 mn in IPO proceeds with $20–$22 share pricing range
HCI subsidiary Exzeo aims to raise up to $177.8M from IPO, projecting Q3 net income up fourfold and managed premiums more than doubling year over year
Egypt’s SehaTech secures $1.1 mn seed to expand AI-powered health insurance
SehaTech raises $1.1 mn seed round led by Ingressive Capital to scale AI health insurance platform, expand regionally, and improve access to coverage
Liberate secures $50 mn Series B at $300 mn valuation to expand AI insurance automation
Liberate secures $50 mn Series B led by Battery Ventures to scale agentic AI across insurers, boosting sales, slashing costs, and powering 1.3 m automated resolutions monthly
Stand secures $35 mn Series B to expand catastrophe insurance into Florida
Stand, an insurtech startup targeting properties most at risk from natural disasters, has closed a $35m Series B round
Afori launches AI platform for insurance brokers with €4 mn funding
Afori emerges from stealth with €4mn pre-seed led by General Catalyst, building an AI inbox assistant to cut broker admin overload ahead of its 2025 Germany rollout
ClaimSorted raised $13.3 mn to speed up insurance claims with AI-powered TPA
ClaimSorted secures $13.3m seed round led by Atomico to expand its AI-driven claims management platform, cutting costs and boosting speed for insurers worldwide
FurtherAI raises $25 mn Series A from a16z to automate insurance workflows
FurtherAI secures $25mn led by Andreessen Horowitz to expand AI-driven insurance workflows, scaling automation for carriers, brokers, and claims teams
Coinbase and Mastercard circle crypto startup BVNK in $2.5 bn stablecoin race
Coinbase and Mastercard eye $2.5bn BVNK deal, signaling stablecoins’ move from crypto sidelines into financial mainstream
Ethos and Neptune Insurance file IPO plans with SEC amid strong earnings
Ethos and Neptune push forward IPO filings with Nasdaq listings, revenue gains, and share details that highlight their insurance-tech growth strategies
Axon Therapies raised $32 mn to push implant-free heart failure trials
Axon Therapies secures $32 mn to advance implant-free splanchnic ablation trials in HFpEF and HFrEF as investors eye global reimbursement and market adoption
Insurtech Insify raised €16.3 mn Series B to expand SME coverage in Europe
Dutch insurtech Insify secures €16.3m Series B led by Evli Growth Partners to scale AI-powered insurance for freelancers and SMEs across Europe
Fintech Nestimate sequred $3 mn to expand 401(k) retirement income solutions
Fintech Nestimate has announced the successful closing of $3 mn in funding as part of its effort to help empower 401(k) plan fiduciaries
Insurtech Reserv extends Series B to $41 mn with QBE Ventures backing AI claims push
Reserv raises $41 mn in extended Series B led by QBE Ventures, fueling AI-driven claims orchestration and scaling its TPA platform with $75 mn ARR
Allianz X invests in Coterie Insurance’s Series C round to back SMB coverage growth
Allianz X leads Coterie’s Series C, expanding reinsurance ties and boosting AI-driven small business insurance in the U.S. market
ePayPolicy secured investment to accelerate insurance payments innovation
ePayPolicy, a provider of digital payment solutions purpose-built for the insurance industry, has secured a strategic investment from private equity firm LLR Partners
Howden confirmed the successful repricing of its $3.1bn USD Term Loan B
Howden Group, the global insurance intermediary, has confirmed the successful repricing of its $3.1bn USD Term Loan B due 2031 and its £765m Revolving Credit Facility
Investors completed the €3.5 bn acquisition of life insurance platform Viridium
A group of institutional investors has completed the €3.5bn acquisition of Germany-based life insurance platform Viridium Group from private equity firm Cinven
Japan Post Insurance invests $2 bn in reinsurance-focused Global Atlantic vehicle
Japan Post Insurance will invest $2 bn in a new reinsurance-focused vehicle sponsored by Global Atlantic Financial Group, a wholly owned subsidiary of KKR
White Mountains invested $515 mn in MGA Bamboo Ide8
White Mountains Insurance Group has agreed to invest about $285 mn in California homeowners-focused managing general agent Bamboo Ide8
UK insurtech COVR raised $2.5 mn in seed funding
COVR Global, a London-based insurtech startup, has raised $2.5 mn in seed funding to advance the development of its AI-powered claims decision engine
E&S insurtech Ledgebrook raised $65 mn in a Series C
Ledgebrook, an excess and surplus (E&S) insurtech startup, has raised $65 mn in a Series C funding round led by The Stephens Group
Clearspeed raised $60 mn in Series D to expand its AI-driven voice analytics
Insurtech Clearspeed has raised $60 mn in Series D funding to expand its AI-driven voice analytics technology for risk assessment across the insurance and national security sectors
Samsung Fire & Marine Insurance invested in Canopius $570 mn
Samsung Fire & Marine Insurance (SFMI) has agreed to invest an additional $570 mn in London-based Lloyd’s underwriter Canopius, acquiring a further 21% equity stake
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
Fitch survey shows European insurers turning to private credit for illiquidity premiums, diversification, and ESG goals, as market grows to $2.7tn by 2029
Insurance stocks fell in Q3 while the S&P 500 gained nearly 7%. P&C names lagged, with analysts calling the quarter underwhelming after 2024’s strong run