Growth
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British Business Bank spreads £180m across AI investment funds
The British Business Bank has committed £180 million to six venture capital and growth funds investing in AI and deep technology. The allocation spans company formation through later-stage expansion.
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Sweden extends AI computing access to smaller companies
Sweden AI Factory is collaborating with NVIDIA to provide additional technical support, training and development resources to startups and smaller businesses using European supercomputing infrastructure.
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Salience moves optical networking towards production
Oxford-based Salience Labs has raised $125 million to expand production of optical networking chips for AI infrastructure, following a 64-port switching demonstration and ahead of plans for larger devices.
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Qilimanjaro moves quantum chips towards manufacturing
Barcelona’s Qilimanjaro Quantum Tech has secured €19.6 million in the first close of its Series A to expand quantum computing manufacturing and develop new chips, with backing from IndraMind and Spain’s SETT.
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Berkshire extends Bending Spoons’ acquisition capacity
Berkshire Hathaway has agreed to invest another $330 million in Milan-based Bending Spoons, taking its expected ownership to 4% as the listed software group builds financial capacity for further acquisitions.
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Record UK venture fundraising masks capital concentration
UK venture managers raised $6.9bn across 31 funds in Q3 2026, but more than half came from Index Ventures. Investment received by startups was a separate $6.1bn.
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CarbonFarm funds satellite verification for rice methane cuts
French climate technology company CarbonFarm has raised €7m to expand satellite-based monitoring of rice farming, including a €1m investment from Proparco, as demand grows for verifiable agricultural emissions reductions.
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Construction invoices become Reebuild’s automation opportunity
Vienna-based Reebuild has raised €3m to expand software that matches construction invoices against orders and delivery records. The company reports processing more than €530m in invoice value.
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ID Finance secures €545m for Plazo expansion
Barcelona-based ID Finance has secured €545m in debt and equity to expand its Plazo consumer finance platform, including flexible payment services. The company has not disclosed the financing split.
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Epyr raises €15m to expand industrial heat storage
French energy technology company Epyr has raised €15m to expand industrial thermal storage after deploying an operating system at WEPA’s Troyes paper mill, with a larger project planned for Papeco.
