Latest from Mike Butcher
Autonomous shipping startup Orca AI tops up with $23M led by OCV Partners and MizMaa Ventures
If you thought autonomous driving was just for cars, think again. The “autonomous navigation” market — where ships steer themselves guided by AI, resulting in fuel and time savings —…
Praktika has secured a $35.5M Series A round to apply AI-powered avatars to language-learning apps.
Venture firm Shilling has launched a €50M fund to support growth-stage startups in its own portfolio and to invest in startups everywhere else.
Trawa simplifies energy purchasing and management for SMEs by leveraging an AI-powered platform and downstream data from customers.
Cargo ships docking at a commercial port incur costs called “disbursements” and “port call expenses.” These might include port dues, towage, and pilotage fees. It’s a complex patchwork and all…
We’ve all seen them. The inspector with a clipboard, walking around a building, ticking off the last time the fire extinguishers were checked, or if all the lights are working.…
Lipids are fatty, waxy or oily compounds that typically come in the form of fats and oils. As a result, they are heavily used in the production of beauty products,…
U.K.-based autonomous vehicle startup Wayve started life as a software platform loaded into a tiny electric “car” called Renault Twizy. Festooned with cameras, the company’s co-founders and PhD graduates, Alex…
Wayve, a U.K.-born startup developing a self-learning rather than rule-based system for autonomous driving, has closed $1.05 billion in Series C funding led by SoftBank Group. This is the U.K.’s…
Belgium’s Aikido lands $17M Series A for its ‘no BS’ security platform aimed at developers
Developers have a problem. It used to be the case that only large enterprises needed to worry themselves with security, but today, every startup is capable of holding huge amounts…
Dan Purcell, the founder and CEO of Ceartas, recalls feeling devastated when he realized that a former partner had, unbeknownst to him, uploaded private, intimate videos of them onto a…
Last week, the U.K. announced its largest ever military support package for Ukraine. The bill brings the U.K.’s total support for this financial year to £3 billion — not quite…
Midas, a fintech startup that allows people in Turkey to invest in U.S. and Turkish equities, says it has raised $45 million in a funding round led by Portage of…
Plenty of large corporations want to join the AI revolution, but many feel it’s too early to be locked into one foundational model. That means there’s a market for a…
Lawhive has raised £9.5 million ($11.9 million) in a seed round to offer AI-driven services to ‘main street’ law firms.
Turkish startup ikas attracts $20M for its e-commerce platform designed for small businesses
E-commerce’s field remains vast and fertile, and further evidence of this has surfaced in the form of one of the largest fundraises by a startup in Turkey.
Munich-based Proxima has raised €20 million ($21.7M) in a seed round to begin building its first generation of fusion power plants.
TransferGo, the U.K.-based fintech best known as a consumer platform for global remittances, has raised a $10 million growth funding round from Taiwan-based investor Taiwania Capital, with a view to…
Paddy Cosgrave, the co-founder of the Web Summit tech conference, is returning to his role as CEO after resigning in October over controversial statements he made about the Israel/Gaza war…
Against games industry doldrums, Bitkraft Ventures raises $275M to back studios and platforms
Bitkraft Ventures — a games investor based out of Denver, Colorado, but with European founders — is raising its third fund, coming in at $275 million. The fund will make…
Turkey has gained a well-earned reputation as being a veritable cauldron of mobile games startups, leading to the rise of VCs dedicated to the sector. The latest to join this…
We last checked in on Zaver, a Swedish B2C buy-now-pay-later (BNPL) provider in Europe, when it raised a $5 million funding round in 2021. The company has now closed a…
A new study that zeros-in on the founders of so-called “unicorns” — companies worth over a billion dollars — has found most have “underdog” founders who are often drawn from…
Boeing’s chief executive Dave Calhoun will leave the plane-maker by the end of 2024, according to the company. The company has been rocked by controversy after a cabin panel blowout…
U.K.-based limited partners Venrex and Samos Investments are this week backing the launch of a new VC primarily aimed at investing in startups led by Ukrainians inside and outside the war-torn country.…
After three years of efforts, World Fund has finally closed a €300 million first fund, €50 million short of its target in 2021, but still a considerable number given a…
Globally, healthcare IT systems are groaning under the weight of legacy platforms. Thankfully, there’s a new wave of startups entering the arena: U.K. startup Anima is a “care enablement” platform…
Rather than grimly assembling data about cancer deaths to predict outcomes in treatment, the founders of Cure51 had another idea.
U.K.-based Ada Ventures is an unusual VC. Instead of just talking about SaaS or AI, it hunts down founders addressing inclusivity and diversity. Instead of confusing LPs with this methodology,…
Founded by former Silicon Valley engineers, UK-based Griffin Bank, has now raised $24 million (£19 million) in a fresh, extended Series A, funding round.