Startups

Cosmico: €12 Million Raised By Future Of Work Platform To Expand Through M&A And Acquire Flatmates

By Amit Chowdhry ● May 18, 2026

Milan-based Cosmico, a Future of Work platform focused on digital talent, creator economy services, and AI-powered workforce solutions, announced it has raised €12 million in Series B funding.

LawX: €7.5 Million Raised To Build AI Operating System For Law Firms And Notaries

By Amit Chowdhry ● May 18, 2026

Berlin-based legal technology company LawX announced it has raised €7.5 million in funding as it expands its AI-powered operating system for law firms and notaries’ offices. The company also revealed it has surpassed €1 million in recurring revenue since launching its platform.

Alcolase: €1.5 Million Raised For Enzyme-Based Remedy Addressing Alcohol Intolerance

By Amit Chowdhry ● May 18, 2026

Ada Ventures announced it has co-led a €1.5 million funding round into Danish-British biotech company Alcolase, which is developing what it describes as the world’s first enzyme system designed to break down alcohol in the stomach before it enters the bloodstream. The round also included participation from Delphinus Venture Capital, Antler, Manigoff Invest, and a group of angel investors.

Sigma: $80 Million Raised At $3 Billion Valuation For AI Apps And Agentic Analytics Platform

By Amit Chowdhry ● May 18, 2026

Sigma, the AI Apps and agentic analytics platform, announced it has raised $80 million in Series E financing at a $3 billion valuation. The funding round was led by Princeville Capital and included participation from Databricks Ventures, ServiceNow Ventures, Workday Ventures, and other investors. Existing investors participating in the round included Altimeter Capital, Avenir Growth Capital, D1 Capital Partners, K5 Global, NewView Capital, Spark Capital, Sutter Hill Ventures, and XN. JP Morgan served as placement agent for the financing.

Transient.AI: Series A Investment From NEXT Investors To Advance AI Innovation In Capital Markets

By Amit Chowdhry ● May 18, 2026

NEXT Investors announced an investment in the Series A financing round of Transient.AI, an AI-native investment management platform designed specifically for institutional trading environments. The financial terms of the funding round were not disclosed.

GovWell: $25 Million Series A Raised For AI Government Operating System

By Amit Chowdhry ● May 18, 2026

GovWell announced it has raised $25 million in Series A funding in a round led by Insight Partners, with participation from existing investors Work-Bench and Bienville Capital. The financing also included investments from GovTech industry leaders David Reeves, former president and CRO of OpenGov, Andreas Huber, founder and CEO of First Due, and Chris Bullock, founder and former CEO of ClearGov.

Monaco: $50 Million Series B Raised For AI-Powered Sales Platform Expansion

By Amit Chowdhry ● May 17, 2026

Monaco announced that it has raised $50 million in Series B funding as the company looks to expand its AI-powered sales platform following strong customer demand during its public beta phase. The funding round was led by Benchmark and came only months after Monaco emerged from stealth mode in February 2026. Existing investors Founders Fund and Human Capital also participated in the financing round. With the new investment, Monaco said its total funding now exceeds $85 million.

Fasset: $51 Million Series B Raised To Expand AI-Enabled Financial Infrastructure Network

By Amit Chowdhry ● May 17, 2026

Fasset announced that it has raised a $51 million Series B funding round with participation from SBI Group, Investcorp, Arz Portföy, and several additional strategic partners.

Onramp: $12.5 Million Series A Raised At $135 Million Valuation For Multi-Institution Bitcoin Custody Platform

By Amit Chowdhry ● May 15, 2026

Onramp, a bitcoin-centric financial services platform built on Multi-Institution Custody (MIC), announced it has raised a $12.5 million Series A round at a $135 million valuation led by Early Riders, with participation from strategic angel investors. The Austin-based company said it now custodies more than $1 billion in assets and has experienced zero security incidents since its founding.

Sprouts.ai: $9 Million Pre-Series A Raised To Scale AI Revenue Agents For B2B Enterprises

By Amit Chowdhry ● May 15, 2026

Sprouts.ai announced that it has raised $9 million in a Pre-Series A funding round led by True Global Ventures and Accel, bringing the company’s total funding to $14 million. The company is building AI-native Revenue Agents powered by a proprietary go-to-market data layer designed for B2B enterprises.

Rapido: $240 Million Raised At $3 Billion Valuation To Advance In India’s Mobility Ecosystem

By Amit Chowdhry ● May 15, 2026

Prosus announced it has increased its stake in Rapido through a combination of primary and secondary investments, including a $240 million primary funding round that values the company at $3 billion post-money. The investment builds on Prosus’ existing partnership with Rapido and highlights the firm’s continued confidence in India’s expanding digital economy and mobility ecosystem.

Arkeus: $18 Million Series A Raised To Scale AI Sensing Systems For Autonomous Military Platforms

By Amit Chowdhry ● May 15, 2026

Arkeus announced it has raised $18 million in Series A funding to expand its AI-powered sensing systems designed for autonomous platforms operating in contested military environments. The funding round was led by QIC Ventures, with participation from new investors R+VC, Folklore Ventures, and DYNE Ventures. Existing investors Main Sequence Ventures, Salus Ventures, and Beaten Zone also participated in the round.

PANTA: £3 Million Raised To Modernize Financial Index Infrastructure

By Amit Chowdhry ● May 15, 2026

PANTA announced that it has raised £3 million in new funding to accelerate the development and rollout of its index technology platform. The funding round includes £1.5 million from Fuel Ventures alongside a £1.5 million Innovation Loan from Innovate UK.

Booster: €2.6 Million Raised To Scale AI Leadership Platform For Managers And HR Teams

By Amit Chowdhry ● May 15, 2026

Booster, formerly known as Fresh People, announced that it has closed a €2.6 million funding round led by Archipiélago Next and Inveready, with participation from SUCCESSFUL FUND I FCRE.

Elephant: €5 Million Raised For AI-Powered Operational Learning Platform

By Amit Chowdhry ● May 15, 2026

Elephant Company announced that it has completed a financing round of more than €5 million to expand its AI-powered learning and knowledge platform for operational teams. The funding round was led by EnBW New Ventures and WEPA, with participation from business angels connected to Flix, home24 SE, SB21, Ventic Ventures, and topi.

Lightrock: $500 Million Accelerate7 Fund Launched To Back Energy Access Businesses

By Amit Chowdhry ● May 15, 2026

Lightrock announced the launch of Accelerate7 following the final close of a USD $500 million fund dedicated to supporting businesses advancing United Nations Sustainable Development Goal 7 (SDG 7). The London-headquartered investment platform said the strategy will focus on growth-stage companies across Sub-Saharan Africa, South Asia, and Southeast Asia.

WIRobotics: About $68 Million Series B Raised To Advance Humanoid Robotics And Physical AI

By Amit Chowdhry ● May 15, 2026

WIRobotics announced it has secured KRW 95 billion (approximately USD 68 million) in Series B funding as the company accelerates development of its humanoid robotics and Physical AI technologies. The financing comes about two years after the company’s KRW 13 billion Series A round in March 2024 and reflects increasing investor confidence in WIRobotics’ commercialization strategy and next-generation robotics platform.

Multiverse: $70 Million Raised At $2.1 Billion Valuation To Expand AI Upskilling Platform Across Europe

By Amit Chowdhry ● May 15, 2026

Multiverse announced it has raised $70 million in primary funding to accelerate its growth across Europe, reaching a $2.1 billion valuation. The investment round was led by Schroders Capital, with participation from existing investors including General Catalyst, Lightspeed Venture Partners, D1 Capital Partners, Index Ventures, Bond, and StepStone Group.