Europe Funding Updates

KP Labs Secures €4.42M in Series Unknown Round to Scale In-Orbit Satellite Data Processing

€4.42M·Series Unknown·Gliwice, Poland

Gliwice, Poland-based KP Labs develops hardware, firmware, and AI algorithms that process and analyse satellite data directly in orbit. By handling data before it reaches Earth, its systems support more targeted use of information collected in space. The company has secured €4.42 million in a Series Unknown funding round led by Momentum Capital Partners. KP Labs was founded by Krzysztof Pacan, Michał Zachara, and Grzegorz Łada. The investment will support the company’s next growth phase, including expanded research and development and a broader commercial product portfolio. It will also fund the establishment of serial hardware production, moving its specialised processing units toward larger-scale manufacturing. KP Labs works with the European Space Agency and NASA, as well as Airbus Defence and Space, OHB Hellas, and Thales Alenia Space. Its Intuition-1 satellite operated in orbit from 2023 to 2026, and the company is involved in the CAMILA Polish national space mission. Alongside product development, KP Labs plans to scale international sales and marketing activities.

Salience Labs Raises $125M Series B to Scale Optical Switching for AI Data Centres

$125M·Series B·Oxford, United Kingdom

Oxford, UK-based Salience Labs develops photonic chips and optical circuit switching technology that helps connect GPUs inside AI data centres. By moving data between processors through optical systems, the company is addressing a key infrastructure challenge as AI workloads demand faster, more efficient networking. The startup has raised $125 million in Series B funding led by Bullhound Capital. AMD Ventures, Intel Capital, SBI Group, Hudson River Trading, British Business Bank, Applied Ventures, Oxford Science Enterprises, Cambridge Innovation Capital, and Silicon Catalyst Ventures also participated. Salience Labs was founded by Vaysh Kewada and Johannes Feldmann. The round will fund deployment of its optical switching technology, expansion of high-volume manufacturing, and development of next-generation optical switches. Salience Labs has demonstrated a 64-port all-optical photonic switch and is developing 128-port and 256-port versions for larger-scale data centre connectivity. The company is working with Keysight Technologies and Tower Semiconductor to scale manufacturing. It will also grow its engineering team, expand into additional geographic markets, and establish a second West Coast location as it takes the products into wider deployment.

Stride raises £4.6M Seed to expand personalised preventative health platform

£4.6M·Seed·Norwich, United Kingdom

Norwich-based Stride provides a preventative health membership that combines DNA, blood and gut health testing with personalised insights. The service is built to help members better understand their health and take action earlier, rather than waiting for problems to emerge. The company has raised £4.6M in seed funding. Andrew Steele leads Stride, which launched in May 2024 as it develops a broader platform for predictive and personalised health management. The round includes backing from Arāya Ventures, Morgan Stanley Inclusive & Sustainable Ventures, Better Ventures, Innovate UK, an a16z Scout Fund investor and a group of angel investors. Stride will use the capital for go-to-market activity and product development, including work on its health platform. The funding will also support international expansion, with Stride planning to launch its Stride One membership outside the UK before the end of 2026. Separately, the company has secured Innovate UK funding for research projects covering biological-age measurement and an AI-powered health copilot, adding new capabilities to its preventative health offering.

Affinity Labs Raises $2M Pre-Seed for Creator-Led AI Software Brands

$2M·Pre-seed·London, United Kingdom

London-based Affinity Labs develops software products and brands with content creators, pairing their audiences with AI-powered technology to build and scale digital businesses. Founded by Edoardo Ricci, Ahmed Eltom, and Sunny Panchal, the company has launched four creator-led brands to date. Affinity Labs has raised $2 million in pre-seed funding led by Fuel Ventures. The round also includes Antler, Innovate UK, and angel investors connected to Google DeepMind, Meta, Playfair VC, Marcello Ascani, Devran Amaratunga Karaca, Christian Arnstedt, Ryan Nelson, and Quentin Jayat. The financing includes a £497,787 Innovate UK grant. Affinity Labs will use the funding to expand its portfolio, support the growth of existing products, and further develop the technology it uses to create AI-powered products with creators. The company also plans to strengthen its product, growth, and engineering teams. Affinity Labs expects to launch its first products with US creators in late 2026, extending its creator-led software model into a new market while continuing to build out its existing portfolio.

FLÆ Robotics Raises Over €1M Seed to Expand AI Hotel Guest Services

€1M·Seed·Prague, Czech Republic

Prague-based FLÆ Robotics is building BE-A, an AI-powered hospitality platform that handles hotel guest communication, reservations, and front-office tasks. The system gives hotels one way to manage enquiries arriving through WhatsApp, email, web chat, and phone calls, while connecting with hotel management systems. The startup has raised over €1M in seed funding led by Purple Ventures and Garage Angels. Founders Filip Linek and Lukáš Korous will use the round to support product development, grow the team, and expand the business internationally. BE-A is currently used by more than 60 hotels across the United Kingdom, Germany, and the Czech Republic. Its existing footprint gives FLÆ Robotics a base for extending the platform across additional hotel markets while supporting day-to-day guest service operations. The company plans to strengthen its presence in Germany, enter Austria, build on its UK launch, and prepare for expansion into the US hotel market. Hiring and continued product work will support those market moves and the platform’s broader rollout.

Qilimanjaro Quantum Tech Raises €19.6M Series A to Scale Full-Stack Quantum Computers

€19.6M·Series A·Barcelona, Spain

Barcelona-based Qilimanjaro Quantum Tech is building complete quantum computers rather than supplying a single component. The company develops its own chips, software and algorithms, while integrating cryogenics and control electronics into working systems. The startup has secured €19.6 million in the first close of its Series A. Indra Group invested €10 million through IndraMind, with the Spanish Society for Technological Transformation contributing a further €9.6 million. Led by Dr. Marta P. Estarellas and Dr. Victor Canivell, Qilimanjaro was founded in Barcelona in 2019 as a spin-off of the Institute of High Energy Physics, Barcelona Supercomputing Center and the University of Barcelona. The company is developing the technology as a full-stack platform, spanning hardware and the software needed to operate it. Qilimanjaro will use the funding to scale and industrialise its quantum computers, advance next-generation chip development, and increase manufacturing and deployment capacity. It expects to complete the Series A in the fourth quarter of 2026, with Avançsa and other existing investors expected to participate.

Augur Secures Undisclosed Series Unknown Backing for National Security Intelligence Platform

Undisclosed·Series Unknown·London, United Kingdom

London-based Augur is developing AI technology that turns fragmented sensor networks into a real-time intelligence layer for national security and public safety. Its platform is intended to help make sense of information gathered across multiple cameras and other sensors. The company is receiving an undisclosed investment from the Sovereign AI Fund. The funding round has not been publicly identified beyond its classification as a Series Unknown round, and Augur is led by Harry Mead, Imran Lone, and Stefan Kopieczek. Augur will use access to the Isambard-AI supercomputer for product development, specifically to train large and complex datasets collected from multiple cameras. That computing access will support work on the company’s core intelligence technology rather than a disclosed expansion or hiring plan. The investment follows a separate $15 million seed round that Augur raised in June, led by Plural. The new backing gives the London startup additional support as it develops its multi-camera data capabilities for security and public-safety applications.

Coding Giants Secures €6M Debt Financing to Expand Its Coding Education Platform

€6M·Debt Financing·Warsaw, Poland

Warsaw-based Coding Giants provides technology education for children and teenagers, with courses covering coding, artificial intelligence, and mathematics. Its platform now serves more than 130,000 students across 13 markets in Europe and the Americas. The company has raised €6 million in debt financing from Orbit Capital. Coding Giants was founded by Radosław Kulesza, Dawid Leśniakiewicz, Piotr Pełka, and Sebastian Langa. The funding will support the company’s go-to-market expansion, with priority placed on strengthening its presence in the United States and Mexico. Coding Giants already operates an office in Mexico, giving it an established base as it develops those markets. Coding Giants also plans to pursue organic growth and acquisitions in Spain and other markets. The company generates approximately $15 million in annual recurring revenue, adding scale to its international expansion strategy as it continues building its education business across Europe and the Americas.

Duvo Raises $32M Series A to Expand Its Enterprise Process Automation Platform

$32M·Series A·Prague, Czech Republic

Prague-based Duvo is building an enterprise operating system that brings business processes together in one platform. The software helps companies automate work that spans disconnected systems, giving retailers, consumer packaged goods companies, banks, insurers, and energy businesses a shared way to manage operations. The company has raised $32 million in a Series A led by Balderton Capital, with participation from Index Ventures, Northzone, and Credo Ventures. The round brings Duvo’s total funding to $48 million. Founded by Tomáš Čupr and Marek Paris, Duvo currently employs around 70 people. Its platform is available to US customers through Microsoft’s Azure Marketplace, providing an additional route into the American enterprise software market. Duvo plans to direct most of the new capital toward sales, marketing, and partnerships. It is expanding into the US while developing relationships with consulting firms that can help bring its process automation platform to more businesses.

Ambio Raises €5.1M Seed to Expand Its AI-Native Recycled Plastics Procurement Platform

€5.1M·Seed·Helsinki, Finland

Helsinki-based Ambio is building an end-to-end procurement platform for recycled plastics, covering the process from finding suitable material to managing long-term deliveries. Founded in 2023, the company is targeting a procurement challenge where quality information and supply predictability can affect purchasing decisions. Ambio’s platform combines verified materials and structured quality data with an AI matching engine. It supports key steps including material matching, quoting, and execution, giving buyers a single workflow for recycled plastics procurement. The startup has raised €5.1 million in seed funding led by b2venture, with participation from Montis and Lifeline Ventures. Ambio was founded by Tommi Bergström and Elmo Pakkanen. The company will use the funding for go-to-market and product development. Its next phase includes international expansion and coverage across more polymer types, with the stated goal of making recycled plastics purchasing more predictable and encouraging wider adoption across Europe and beyond.