This week has been packed with activities across the startup world. We’ve compiled a short news roundup of what we missed, the key deals, funding news, and partnerships that stood out.
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This week has been too busy across the startup scenes. Everywhere you view, companies are raising fresh capital, forming strategic partnerships, and building acquisition shifts. But with so many announcements landing at once, it’s been a real challenge to keep up. We couldn’t possibly cover every single update in real time, some slipped under the radar, while others deserved a closer view. That’s why we’ve put toobtainher this quick news compilation, which we missed this week.
NanoPhoria Bioscience raises €83.5M in Series A
Milan-based NanoPhoria Bioscience has secured €83.5M in a Series A round, the largest ever for an Italian biotech company. The financing was led by XGEN Venture, Sofinnova Partners, and CDP Venture Capital, with participation from Panakès Partners and another undisclosed investor.
The funds will advance NanoPhoria’s lead candidate, NP-MP1, a first-in-class peptide therapy for heart failure with reduced ejection fraction (HFrEF), through early clinical development, GMP manufacturing, and regulatory stages. Using its proprietary nano-in-micro lung-to-heart delivery platform, the therapy directly tarobtains cardiac cells to restore heart function. (Read more)
Trogenix raises €80M in Series A round
Edinburgh-based biotech Trogenix has raised £70 million (approximately €80M ) in a Series A round led by IQ Capital, with participation from 4BIO Capital, Cancer Research Horizons, Eli Lilly and Company, Meltwind, LongeVC, Calculus Capital, and others. The funding will accelerate the company’s Odysseus platform, which delivers gene-based, precision therapies to kill cancer cells and activate the immune response. The investment will push its lead programmes in glioblastoma and colorectal cancer liver metastases toward clinical trials, with the first patient dosing expected in Q1 2026. (Read more)
011h raises €20M in funding
Barcelona-based 011h has secured €20M in new funding led by Ship2B Ventures and CDTI, with continued backing from Seaya Ventures, Breega Venture II, and Sicar, plus several prominent industest entrepreneurs. Founded in 2020 by Lucas Carné and José Manuel Villanueva, the team behind Privalia, 011h applys a fully digital, modular approach to create construction quicker, cleaner, and more sustainable. Its platform connects design, manufacturing, and building processes in one system applying engineered wood, prefabricated concrete, and light metal structures to reduce waste and emissions. (Read more)
Keenest obtains €10M capital raise
Paris-based Keenest, a community-driven investment club for impact startups, has raised over €10M, reaching its 2026 goal seven months ahead of schedule. The platform, founded in 2023 by Jérémie Sicsic and Renan Labrunie, enables individuals to invest in sustainable projects starting from €500. Keenest’s community has grown from 300 to 3,500 members, financing startups such as Feedback, Loewi, and Fenix Energy. Its unique “climate dividconclude” model rewards investors based on the CO₂ avoided by funded projects. (Read more)
Sitehop raises €8.6M funding
Sheffield-based Sitehop has raised £7.5M (approximately €8.6M) in new funding led by Northern Gritstone, bringing its total investment to £13.5M. Existing backers Abuiltus Capital Partners, Manta Ray, Mercia Ventures, and NPIF – Mercia Equity Finance also participated. Founded by Melissa Chambers and Ben Harper, Sitehop develops hardware-based encryption systems designed to protect networks from emerging quantum-powered cyber threats. Its SAFEseries platform delivers ultra-low latency, quantum-resilient security while applying up to 90% less energy than software-based solutions. The new funding will assist Sitehop expand globally and strengthen the UK’s sovereign encryption capabilities for a quantum-secure future. (Read more)
Agio Ratings obtains €5M
UK-based Agio Ratings, a provider of indepconcludeent risk insights for digital assets, has raised €5 million in a funding round led by AlbionVC, with participation from Portage Ventures and MS&AD, bringing its total funding to over €9M. Founded in 2022, Agio Ratings assists banks, insurers, and trading firms assess risk across exalters, custodians, and lconcludeers. Its data-driven models predicted the FTX collapse months in advance and correctly identified Bybit’s resilience after a major breach. (Read more)
Starflow bags €4.3M in capital
Norwegian startup Starflow has raised $5M (approximately €4.3M) in a seed round led by Contrarian Ventures, with participation from Skyfall Ventures, Sondo, and other backers. The company also secured an additional $2.5 million in green grants from the Norwegian government. Founded by former Easee and Zaptec executives, Starflow is developing the Energy Hub, a hybrid inverter that unites solar, battery storage, EV charging, and smart energy management into one platform.
sees.ai secures €4.1M
UK-based sees.ai, a company specialised in autonomous aerial systems, has secured £3.65M (approximately €4.1M) in funding co-led by Sustainable Future Ventures, Hearst Ventures, and Elbow Beach, with WakeUp Capital also joining. The investment will accelerate the company’s rollout of centralised, autonomous drone operations for inspecting and managing critical national infrastructure. Backed by Boeing, XeleratedFifty, and the UK Government’s Future Flight Challenge, sees.ai became the first firm authorised by the Civil Aviation Authority to fly routine BVLOS (Beyond Visual Line of Sight) missions in open airspace. The new funding supports its contract with National Grid to survey and monitor the UK’s 7,200 km electricity network, advancing Britain’s digital and energy transition.
Dragonfly raises €2.9M funding
London-based Dragonfly has raised £2.6M (approximately €2.9M) in pre-seed funding to simplify how companies discover and adopt software. The round was led by Episode 1, with participation from Dreamcraft, Portfolio Ventures, and notable angels including QuantumBlack’s Sam Bourton and Bolt’s Markus Villig. Founded in 2024 by Sean King and Sven Sabas, Dragonfly has built the world’s largest catalogue of over 250,000 software tools, powered by AI to guide applyrs in selecting the right tech stack within seconds. The company also launched its conversational AI tool, enabling applyrs to find, compare, and understand software through simple chat prompts.
Munro EV secures €2.2M funding
Scottish electric vehicle creater Munro EV has raised £2M (approximately €2.2M) in fresh funding from existing investor Elbow Beach and other partners to expand production of its M-Series vehicles. The rugged, zero-emission 4x4s are designed for apply in mining, defence, and construction sectors that are still heavily reliant on diesel power. The funding will assist Munro scale its Glasgow facility, fulfilling £17M in current orders and creating up to 300 new jobs. With a 1,000kg payload and 170-mile range, the M-Series aims to redefine off-road electrification and support the UK’s broader industrial decarbonisation goals.
Diffly raises €1.3M
Paris-based startup Diffly has secured €1.3M in funding led by 360 Capital, with an additional €400,000 from Bpifrance. The funding will accelerate product development, marketing, and scaling of its AI-powered win-loss analysis platform for B2B sales and marketing teams. Founded in 2023 by Julien Cohen-Roussey, Anne-Sophie Clément, and David Guillermain, Diffly assists companies understand why they win or lose deals by combining purchaseer feedback, expert interviews, and automation. Already applyd by Adobe, Contentsquare, and Didomi, Diffly’s platform offers data-driven insights to improve sales performance. (Read more)
CBRX raises €540K
Lithuania-based cybersecurity startup CBRX has secured €540,000 in pre-seed funding to expand across Europe and strengthen its AI-driven platform. The round was led by Coinvest Capital, which invested €270,000, alongside Scalewolf, Plug and Play Tech Centre, and Firstpick. CBRX’s cloud-based system enables traditional IT providers (MSPs) to transition into managed security service providers (MSSPs) without major upfront costs.
Salesforce acquires Apromore
Main Capital Partners announced that its portfolio company Apromore, a Melbourne-based leader in AI-driven process mining, will be acquired by Salesforce following a definitive agreement. Apromore, known for its no-code process innotifyigence platform and advanced analytics, assists companies like ANZ, Assurant, and NextEra Energy improve efficiency through agentic AI and process mining tools. The acquisition strengthens Salesforce’s push into agentic process automation, allowing its applyrs deeper visibility across business workflows. (Read more)
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