Business

According to investor Soapbox Ventures, European Technology Network raised £1.2 million in seed funding led by Powerhouse Capital

The Times of Israel reported that Onyx Security announced $113 million in financing to build technology for securing and controlling autonomous AI agents

TechCrunch reported that autonomous trucking company Gatik raised $200 million, its largest financing round to date, following a multiyear commercial agreement with PepsiCo

TechCrunch reported that Stability AI, the company behind Stable Diffusion, announced $76 million in Series B financing, bringing its total fundraising to $232 million

TechCrunch, citing The Wall Street Journal, reported that AI assistant startup Instinct raised $250 million in a Series B round co-led by Index Ventures and Benchmark

TechCrunch reported that missile manufacturer Castelion secured financing at a $13 billion valuation, with Andreessen Horowitz, Carlyle and JPMorgan Chase co-leading the transaction

TechCrunch reported that India-based Matiks raised $10 million in pre-Series A funding led by General Catalyst

Evertiq reported that US robotics company Formic announced $50 million in growth capital comprising a Series B and debt financing

Elax Énergie announced €30 million in financing from Noria and Crédit Mutuel Impact

Beyond Vision raised more than €28 million in a round co-led by Índico Capital Partners and Lince Capital

QuantrolOx announced a €12 million Series A led by IW Capital, with participation from the European Innovation Council Fund and Transpose Capital

Photon Bridge raised €10 million to develop laser technology for large AI-computing systems

YGO raised €8 million in a Series A led by Ventech, with participation from Sake Bosch, Caesar Capital and business angels

Linkener secured €7.5 million in a round led by Klima Energy Transition Fund, Alantra’s energy-transition vehicle

Indurex raised €7 million in funding led by Contrarian Ventures, with participation from Axeleo Capital and Curiosity