Exnaton, a Swiss AI-driven software company for utilities, has successfully raised a Series A funding round. This capital injection will facilitate the company's expansion across Europe and strengthen its partnerships with existing customers, enabling further advancement in digital energy solutions.
Italian ocean technology company WSense has successfully raised €10 million in a pre-Series B funding round. This investment will boost the development of their subsea Wi-Fi systems and help expand their Internet of Underwater Things (IoUT) platform, enhancing connectivity solutions for underwater environments.
Estonian AI Energy Startup MarkeDroid Secures €300K to Advance Distributed Energy Platform Expansion
Estonian startup MarkeDroid has raised €300,000 in bridge funding to expand its AI-powered distributed energy orchestration platform throughout Europe. The funding round includes a €175,000 syndicate investment, enabling MarkeDroid to scale its innovative technology and support more efficient energy distribution models across multiple markets.
Rightcharge, a London-based startup focused on streamlining electric vehicle (EV) charging payments for fleets, has successfully raised £1.6 million in seed funding. The investment round was led by Soulmates Ventures, with Blackwood Ventures also participating, aiming to enhance and expand Rightcharge's payment platform across Europe.
Oslo-based Riff, previously known as Databutton, the platform enabling operators to create and launch impactful applications, has successfully secured $16 million in a Series A funding round led by Northzone. This latest investment brings Riff's total capital raised to $21 million, supporting its mission to advance business-ready vibe coding technologies.
In the first half of 2025, Europe's cleantech sector secured €1.1 billion in funding through 112 deals. Although this is a relatively small portion compared to the €33.7 billion raised across 1,941 tech deals in Europe overall, it highlights notable investments in clean technology innovation.
OpenAI now offers UK customers, including government and businesses, the option to store their data locally in the UK. This launch marks an extension of OpenAI's partnership with the UK government, driven by a fourfold increase in UK customer numbers over the past 12 months.
Paygentic Secures $2 Million in Pre-Seed Funding to Boost Payment Solutions for AI-Centric Companies
Paygentic, a comprehensive billing and payments platform tailored for AI-native and agent-driven products, has raised $2 million in a pre-seed funding round. The round was led by MiddleGame Ventures, with additional support from Anamcara Capital. This funding will help Paygentic enhance its payment infrastructure to better serve AI-focused businesses.
Lakestar, a leading European venture capital firm known for investments in Revolut and Spotify, announced it will no longer raise generalist VC funds. The firm is undertaking a strategic shift to concentrate on raising specialized funds aimed at delivering higher returns.
London-based Mondra, an AI-driven platform specializing in product-level intelligence for supply chain resilience, has successfully closed its Series A funding round with £10 million raised. The investment comes from notable backers including AlbionVC, supporting Mondra's plan to accelerate its growth and expand further into the European market.