Growth
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Cytix targets the risk behind AI coding
Manchester-based Cytix has raised $7 million as faster AI-assisted software development puts pressure on conventional security and change-control processes.
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Accel raises the stakes on Europe’s early stage
Accel has raised $800 million for European and Israeli early-stage investments as AI, defence, and deep technology absorb larger pools of venture capital.
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Again buys Genomatica to close the scale-up gap
Danish biomanufacturing company Again has acquired Genomatica, combining computational biotechnology with the industrial engineering required to move biological processes into production.
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Lovable’s $13.3bn enterprise test
Lovable has raised $400 million as AI-generated software moves from rapid prototyping towards internal applications, governance, and business operations.
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FCA tests scale-up supervision with fintech cohort
FCA’s first solo-regulated cohort pairs growth support with closer supervision.
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HSBC backs finance AI workflow specialist Model ML
HSBC Asset Management has backed Model ML’s financial workflow platform.
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Edge AI reaches the supermarket checkout
Edgify is expanding in-store AI without replacing existing retail hardware.
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A $300m bet on interceptor production
Cambridge Aerospace is scaling interceptor manufacturing after raising $300 million.
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Voice AI starts showing recurring revenue
Vienna’s fonio.ai says voice agents now generate recurring customer revenue.
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Revolut adds a second European banking centre
Revolut’s French licence creates a second European banking hub structure.
