Team S
@newnexteam
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6 days
London-based FinTech startup Clove has secured $14m (£10m) in pre-seed funding to democratise access to financial advice. The round was led by Accel, with participation from Kindred, Air Street, and a group of angel investors.
Founded earlier this year by Alex and a co-founder, Clove is building a hybrid model that blends human expertise with AI to deliver personalised guidance at scale. The company argues that much of today’s advisory work is administrative rather than advis...
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Team S
@newnexteam
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6 days
Fabra, a Sydney startup founded in 2023 by Luke Grana, Gloria Yu, and ex-Canva engineer Nick Manks, has secured $2.8 million in pre-seed funding from January Capital, Side Stage Ventures, Concept Ventures, and Li & Fung. The company debuted a browser-based 3D design platform aimed at democratizing product creation, starting with fashion categories like streetwear, merchandise, athleisure, and sportswear. The tool integrates high-fidelity 3D design, real-time collaboration, remixable templ...
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Team S
@newnexteam
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6 days
Conduct, a London startup founded in 2024 by three former Palantir engineers, has emerged from 18 months of stealth with a $12m round led by Creandum, joined by Lucid Capital, Booom, and angels from Palantir, Google DeepMind, and Workday. Its agentic platform lets enterprises interact directly with their systems to reveal and manage complex codebases, launching first for SAP environments used by 90% of Fortune 500. Early customers include Daimler Truck and Rittal. The raise follows a surge in...
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Team S
@newnexteam
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6 days
Harvey, the San Francisco-based legal AI startup, has raised $150 million in a round led by Andreessen Horowitz, valuing the company at over $8 billion. The three-year-old company, founded in 2022 by CEO Winston Weinberg and former DeepMind researcher Gabe Pereyra, provides AI tools to major clients including A&O Shearman, Ashurst, KKR, and Bridgewater. Its valuation has more than doubled over the past year, following raises at $3B (February 2025) and $5B (June 2025). Harvey has now raise...
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Team S
@newnexteam
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6 days
Gradient Labs, founded by ex‑Monzo leaders Dimitri Masin, Danai Antoniou, and Neal Lathia, secured a $13 million Series A led by Redpoint Ventures with backing from Exceptional Capital, Liquid 2, LocalGlobe, and Puzzle Ventures. The company launched Otto in November, an AI agent for complex customer support that identifies vulnerable customers, detects complaints, and avoids pitfalls like unauthorized financial advice or tipping off. Early customers include Plum, Zego, Lendable, Yonder, Nala,...
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Team S
@newnexteam
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6 days
London-based Archestra, founded by Matvey Kukuy (CEO), Ildar Iskhakov (CTO), and Joey Orlando, raised £2.44m led by Concept Ventures with Zero Prime Ventures, Celero Ventures, RTP Global, Aloniq, and angels. The trio moved from Singapore, Israel, and Canada and previously built Amixr (exited to Grafana in 2021). Archestra’s open‑source platform adds security layers for safely connecting AI agents to internal data sources, leveraging Anthropic’s Model Context Protocol (MCP) while address...
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Team S
@newnexteam
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6 days
Source.ag, the Amsterdam-based AI platform for Controlled Environment Agriculture, closed a €15.2 million Series B led by Astanor, with strategic participation from Enza Zaden and Harvest House, bringing total funding to €52 million in five years.
Founded in 2020 by Rien Kamman and Ernst van Bruggen, the company delivers applied AI for greenhouse management-precise forecasting, autonomous crop control, and data centralisation-now powering 300+ greenhouses over 2,500 hectares...
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Team S
@newnexteam
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6 days
1mind, co-founded by Amanda Kahlow (ex-6sense CEO), raised $30 million in a Series A led by Battery Ventures, bringing total funding to $40 million. Its AI agent, Mindy, focuses on inbound sales rather than outbound, aiming to “replicate the human experience” across self‑serve sites and live calls, from technical sales engineering to onboarding, and even closing deals. The company uses a mix of LLMs (OpenAI, Google Gemini) with “deterministic AI” guardrails to curb hallucinations; Mindy is tr...
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Team S
@newnexteam
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6 days
Revolut is nearing a $3B fundraise at a $75B valuation, combining new capital with a secondary sale to provide liquidity for early investors and employees. This follows an August tender offer at $45B, with some repurchased shares resold to new investors at the higher price. Founded in 2015 by Nik Storonsky and Vlad Yatsenko, the London fintech now serves about 65 million customers, adding roughly 1 million every 17 days, across a “financial superapp” spanning banking, trading, payments, budge...
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Team S
@newnexteam
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6 days
CoMind, a UK startup founded by James Dacombe (age 25, founded at 17), has secured $102.5m total funding, including a $60m Series A led by Plural with backing from Angelini Ventures, LocalGlobe, Octopus Ventures, Crane, Backed VC, and Entrepreneurs First. The company claims a breakthrough in non-invasive brain monitoring that measures core indicators like cerebral blood flow without drilling into the skull—addressing current methods that are either invasive with a 15% complication rate or ina...
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Team S
@newnexteam
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6 days
Wonderful raised $100 million Series A led by Index Ventures just four months after a $34 million Seed, signaling strong investor confidence amid the AI agent boom.
Founded in early 2025, the company is already operating in 10 countries and plans expansions into Germany, Austria, the Nordics, Portugal in 2026 and Asia-Pacific thereafter.
Wonderful’s enterprise AI agents automate customer-facing interactions across voice, chat, and email, reporting 80%+ reso...
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Team S
@newnexteam
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6 days
Tenzai, an Israel-based cybersecurity startup, emerged from stealth with a $75 million seed at a $330 million valuation, aiming to use AI agents (fine-tuned on Anthropic and OpenAI models) to autonomously find and exploit application vulnerabilities, then propose fixes for human review.
Cofounders Pavel Gurvich and Ariel Zeitlin previously sold Guardicore to Akamai for $600 million; cofounders Ofri Ziv, Itamar Tal, and Aner Mazur (ex-Snyk) round out the team.
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Team S
@newnexteam
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6 days
London-based Spectral Compute secured $6 million led by Costanoa with Crucible and angels to advance SCALE, a software framework that lets applications written for Nvidia CUDA run on competing GPUs.
The approach is “source-by-code,” preserving ownership of original CUDA code and complying with licensing, unlike projects like ZLUDA. Today, compatibility covers select AMD architectures, with plans to expand to Intel and startups. SCALE is free for non-commercial use; commercia...
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Team S
@newnexteam
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6 days
Vay, a Berlin-based “teledriving” startup founded in 2018, has secured an initial $60m investment from Grab, with a further $350m contingent on performance milestones over the next year, totaling up to $410m.
Vay remotely navigates rental cars to customers before handover and launched its first commercial service in Las Vegas last year; it also debuted Europe’s first commercial remote driving service in Belgium in January.
Grab’s backing aims to accelerate ...
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Team S
@newnexteam
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6 days
Majestic Labs, led by former Meta and Google silicon executives Ofer Shacham (CEO), Sha Rabii (President), and Masumi Reynders (COO), has raised $100 million, including a $71 million Series A in September led by Bow Wave Capital with Lux Capital among investors.
The startup is building patent‑pending server architecture with up to 1,000× the memory of typical enterprise servers, aiming to collapse multiple racks into a single server that cuts power, cooling, and footprint. T...
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Team S
@newnexteam
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6 days
Berlin-based CERPRO, an AI SaaS for manufacturing quality assurance, raised around €2 million in a pre-Seed round to expand product development, sales, and European market presence.
The company’s first product, QualiSpec, automates inspection and documentation from technical drawings and is used by 100+ companies across aerospace, medical devices, and mechanical engineering.
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Team S
@newnexteam
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6 days
Swedish textile recycler Syre will seek $500–700 million within a year to fund a new Vietnam plant, leveraging a “bankable” multi-year offtake with Nike for recycled polyester.
Backed by investors including TPG Rise Climate, Volvo Cars, IMAS Foundation, Giant Ventures, and Norrsken VC, Syre aims to expand its circular polyester production near major apparel hubs. The Vietnam facility follows a $100 million-financed first U.S. plant in 2024, as the company scales supply to br...
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Team S
@newnexteam
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7 days
Newnex is built for VCs syndicating and introducing deals to other VCs in one platform. Global VC ecosystem in one place.
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Team S
@newnexteam
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7 days
The British Business Bank (BBB) is increasing co-investments directly into U.K. scaleups, aiming to plug funding gaps-especially between Seed and Series A and at growth stage-while crowding in private capital.
Under the Modern Industrial Strategy, the BBB has been allocated £4 billion for priority sectors and £2.6 billion for broader startups. Since shifting its approach in 2021, it has passed £250 million in direct co-investments across 33 tech and life sciences companies, w...
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Team S
@newnexteam
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7 days
Billionaire Steve Cohen’s Point72 Asset Management is expanding beyond its traditional focus on liquid markets, initiating early talks with investors to launch a private credit fund in 2026. According to people familiar, the firm aims to raise at least $1 billion from external investors, bolstering its $41.5 billion investment platform. The move aligns with a broader industry shift as hedge funds and asset managers deepen exposure to the private credit boom amid demand for non-bank lending. T...
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Team S
@newnexteam
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7 days
Midlands-founded Rem3dy Health secured £1.4 million in fresh funding, with £900k from Borski Fund and £500k from Future Planet Capital Regional, announced at Birmingham Tech Week’s Scale-Up Summit. The round underscores rising investor confidence in the West Midlands and the impact of cross-border capital, backing CEO Melissa Snover’s push to expand globally and accelerate R&D for Nourished, its 3D-printed personalised nutrition brand. The deal also highlights regional initiatives like th...
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Team S
@newnexteam
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8 days
Ventures Platform, a Lagos-based early-stage African investor, has raised $64 million for its second fund, targeting a final close of $75 million. Notably, the Nigerian government invested through its iDICE program, marking its first investment in a VC fund. Other limited partners include IFC, British International Investment, Proparco, Standard Bank, MSMEDA, AfricaGrow, European family offices like Alder Tree Investment, and former Y Combinator CEO Michael Seibel.
Founded in...
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Team S
@newnexteam
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8 days
Lasso has raised US $6.5 million in a fresh seed round to launch its revolutionary food-manufacturing platform. The company’s proprietary system, dubbed Lasso SpinTech, was developed at the Wyss Institute at Harvard University and uses fibre-spinning physics to weave protein and fibre into clean-label food products - without the high heat, additives or energy intensity of traditional processing.
Based in Boston and evolving ...
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Team S
@newnexteam
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8 days
Nvidia has become a founding member of the India Deep Tech Alliance (IDTA), a $2 billion investment group focused on nurturing deep tech startups in India across sectors such as AI, semiconductors, biotech, space, robotics, and energy. As part of its commitment, Nvidia will provide technical training and mentorship through its Deep Learning Institute, supporting emerging Indian startups in AI systems, developer enablement, and responsible implementation. This initiative aligns with India's st...
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Team S
@newnexteam
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8 days
Bees & Bears, a Berlin-based fintech startup founded in 2023, has secured €5 million in seed funding from Extantia Capital and Contrarian Ventures to scale its embedded finance platform. The platform enables local craft installers to offer flexible installment purchase options for clean energy technologies such as solar panels, heat pumps, and battery storage directly during customer consultations. This solution significantly reduces financing barriers by automating credit checks and appr...
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Team S
@newnexteam
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8 days
Chirp, an Irish deep-tech startup, is launching a €5 million funding round to expand its AI-powered child protection software that detects and blocks cyberbullying, grooming, and self-harm content on smartphones, even within encrypted messaging apps. The embedded technology operates beneath the phone's operating system, making it tamper-resistant and privacy-preserving. Chirp has already secured commitments for over 500,000 enabled devices across multiple countries and has garnered internatio...
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Team S
@newnexteam
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8 days
French lawmakers have voted to double the country's digital tax on large technology companies from 3% to 6%, raising the levy on major U.S.-based firms such as Amazon, Google, and Meta Platforms. This move has sparked concerns about potential retaliation from President Donald Trump, who previously threatened trade tariffs in response to similar measures. The amendment, part of the 2026 budget bill, aims to target foreign digital giants while increasing the revenue threshold for affected compa...
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Team S
@newnexteam
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a month
Starship Technologies raises 50 million round led by Plural VC including Karma.vc Latitude Coefficient Capital SmartCap and Skaala featuring founders Ahti Heinla and Janus Friis.
Starship Technologies, the Estonian founded robotics company known for fleets of autonomous delivery robots, announced a 50 million funding round led by Plural VC, with participation from Karma.vc, Latitude, Coefficient Capital,
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Team S
@newnexteam
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a month
The Middle East and North Africa (MENA) region achieved a record-breaking funding milestone in Q3 2025, with startups raising $1.2 billion — the highest-ever quarterly total. This surge was fueled by mega deals in the UAE and Saudi Arabia, including significant rounds in fintech, mobility, and AI.Across the first nine months of 2025, MENA startups collectively raised $3 billion, marking their...
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Team S
@newnexteam
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a month
HyImpulse Technologies, a German SpaceTech startup based in Neuenstadt am Kocher, has raised €45 million to advance its hybrid propulsion systems and enhance Europe's independent access to space. The funding comprises a €15 million Series A equity round led by Campus Founders Ventures, alongside €30 million in public financing from entities including Helantic, GIMIC, Global Resilience Innovation Fund (GRIF), ...
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