Startups

Sphinx: $7.1 Million Seed Funding Raised To Build Browser Native Agents For AML And KYC Work

By Amit Chowdhry ● Today at 7:30 AM

Sphinx announced it has raised a $7.1 million seed round to scale what it describes as a browser native, agentic compliance workforce for financial institutions, positioning the product as a last compliance hire that can take on day-to-day operational work across anti-money laundering, know your customer, and know your business processes. The round was led by Cherry Ventures, with participation from Y Combinator, Rebel Fund, Deel Ventures, and Singularity Capital. Sphinx said the new capital will be used to expand the deployment of its compliance agents, as banks and fintechs seek to manage rising volumes of fraud and regulatory workload without continually adding headcount.

Monaco: Over $35 Million Raised For AI-Native Sales Platform

By Amit Chowdhry ● Today at 6:46 AM

Monaco announced its official launch as an AI-native sales platform designed to accelerate revenue growth for early-stage startups, following a period of operating in stealth. The company is entering public beta after raising over $35 million in total funding, including a Series A round led by Founders Fund.

Contents: $7 Million Series B Extension Raised For European AI Work Execution Platform

By Amit Chowdhry ● Yesterday at 4:50 PM

Contents, the Milan-based AI work execution platform, has closed a $7 million Series B extension led by Qatar Development Bank, with participation from Alkemia Capital. The investment brings the company’s total funding to $25 million and underscores the growing alignment between European AI infrastructure players and Gulf sovereign innovation strategies.

Wisdom Raises Over $1.3 Million In Pre-Seed Financing To Support Aging In Place

By Amit Chowdhry ● Yesterday at 3:21 PM

Wisdom announced it has secured more than $1.3 million in pre-seed financing to advance its smart home platform designed to help older adults live safely and independently. The funding includes a $315,000 social-impact investment from the Richard King Mellon Foundation, alongside $925,000 in previously unannounced capital raised through crowdfunding and angel investors. The new investment will support platform development and real-world deployment of Wisdom’s Smart Home system, which leverages ambient sensing and edge AI technology to support aging in place.

Xyall: €7.6 Million Raised To Accelerate Global Rollout Of Tissue Dissection System

By Amit Chowdhry ● Yesterday at 9:03 AM

Xyall BV, a next-generation innovator in molecular pathology, has raised €7.6 million in new funding to accelerate the global rollout of its automated tissue dissection platform. The financing round was led by Capricorn Partners through its Capricorn Healthtech Fund II, with participation from Sioux Technologies, Brabant Development Agency (BOM), Health Investment Partners, and several private investors.

Nscale Signs $1.4 Billion GPU-Backed Delayed Draw Term Loan

By Amit Chowdhry ● Yesterday at 12:41 AM

Nscale, the AI-native hyperscaler, announced it has signed a USD $1.4 billion Delayed Draw Term Loan (GPU DDTL) backed by GPUs. The oversubscribed loan, led by funds managed by PIMCO, Blue Owl, and LuminArx Capital Management with support from additional asset managers and banks, will finance multiple GPU cluster deployments across Norway, Portugal, Iceland, and the UK. This follows Nscale’s recent $1.1 billion Series B equity raise—the largest Series B in European history—and its $433 million Pre-Series C SAFE.

Blockbrain: €17.5 Million Series A Raised To Scale Responsible Enterprise AI Across Europe

By Amit Chowdhry ● Yesterday at 12:39 AM

Stuttgart-based modular AI platform Blockbrain has raised €17.5 million in Series A funding to accelerate the development and expansion of its responsible AI agents designed to prevent company knowledge loss and strengthen enterprise productivity. The round was led by Alstin Capital and 13books Capital, with participation from HARTING Family Foundation. Existing investors Giesecke+Devrient Ventures, Landesbank Baden-Württemberg Ventures, and Mätch VC also increased their commitments.

Lassie: $75 Million Series C Raised For Prevention-First Pet Insurer

By Amit Chowdhry ● Yesterday at 12:27 AM

Stockholm-based pet insurance platform Lassie has raised $75 million in Series C funding as it positions itself to lead Europe’s evolving pet care and insurance market. The round is one of the largest European insurtech financings of the past year and included participation from Balderton Capital, Felix Capital, Inventure, Passion Capital, and Stena Sessan.

INLEAP Photonics Raises Pre-Seed Funding To Advance Counter-Drone System

By Amit Chowdhry ● Yesterday at 12:07 AM

INLEAP Photonics, a German deep tech company developing ultra-fast laser beam steering systems, has emerged from stealth following the completion of a pre-seed funding round in summer 2025 to accelerate development of its laser-based counter-drone platform for defence and critical infrastructure protection.