MENLO TIMES

EpilepsyGTx , a biotechnology company focused on research and development of cutting-edge gene therapies to treat refractory epilepsy, led by Nicolas Koebel, Prof. Dimitri Kullmann, Dr. Joanne Broadhead, and Dr. Luiz Almeida Silva, has secured  $33 million in a Series A financing from XGEN Venture, the British Business Bank, and a global biopharmaceutical company. Taylor Wessing LLP advised EpilepsyGTx on the round, A&O Shearman advised XGEN Venture, and Panmure Liberum Cambr

Qargo , the intelligent transport management platform, led by Adriaan Coppens, Joeri De Turck, Sander De Wilde, Colin Blakely, and others, has secured  $33 million in Series B funding led by  Sofina , alongside existing investor  Balderton Capital , taking the total investment raised to $54 million and marks the growing impact of AI technology on one of Europe’s most analogue industries. Qargo Intelligence automates major parts of the transport workflow, from order creation a

Trendtracker , predictive intelligence that turns trends into strategy, led by Vincent Defour, Mathias Colpaert, Valentijn Destoop, and others, has secured  $7 million Series A funding round led by  Armilar , with participation from existing investor  Capricorn Partners . The investment accelerates Trendtracker’s mission to deliver an autonomous AI strategy and foresight analyst that streamlines strategic research, planning, and decision support for organizations. Pedro Ribei

Vybe , making vibe-coding work inside companies, led by Quang Hoang and Fabien Devos, has raised  $10M in seed funding, led by  First Round Capital ,  Y Combinator , Orange Collective , Pelion Ventures , Pioneer Fund , with participation from an incredible group of operators and founders, including Olivier Pomel (Datadog), Ami Vora (Anthropic), Shishir Mehrotra (Grammarly), Olivier Godement (Open AI), Stephen Deasy (Confluent), and many others.   Fast-growing companies often

University 2 Ventures , building the #1 pre-seed/seed deep tech university spin-off investment platform for Europe, led by Dr. Philipp Semmer, Dr. Johannes Triebs, Michael Schmitt, and Moritz von Klot, has completed  the first closing of its €60 million Fund I, with support from corporates including anchor LP Jungheinrich via Uplift Ventures , alongside family offices, serial entrepreneurs and industry executives. The fund is designed to support teams transforming Europe’s re

Odin Space , securing the future of space by developing advanced space debris detection and orbital mapping, led by James New and Dan Terrett, has secured  $3 million led by Steel Atlas , with participation from Iron Prairie , Tiny VC , and Cur8 Capital , and several other funds/angels. The funding will accelerate Odin’s mission to enhance space safety by enabling spacecraft operators, manufacturers, and space agencies to more accurately predict and monitor hazardous sub-cent

Outset , the most advanced AI-moderated research platform for research teams, led by Aaron Cannon and Michael Hess, has secured  $30M in Series B funding led by Radical Ventures  with participation from M12, Microsoft’s venture arm, alongside existing investors 8VC , Y Combinator , and Adverb Ventures . This raise follows a breakout year for the team, with the business growing more than 8× and customers across industries adopting the newly created category of AI-moderated res

Channel3 , building a database of every product on the internet, led by Alexander Schiff, George Lawrence, Evan Fenster, and Ignacio Valdez, has secured a $6M seed round led by Matrix , joined by Y Combinato r and Ludlow Ventures . Last year, the team at Studio was building an AI teacher with personalized curriculums and needed reliable product recommendations. Existing APIs provided only articles or outdated listings, and indexing the entire product web was clearly a full co

Saviynt , securing over 100 million identities at global leaders, led by Sachin Nayyar, Paul Zolfaghari, Shankar Ganapathy, Ajay Garg, Jeff Margolies, Atul Vij, Akshay Sivananda, and others, has secured  a $700M Series B Growth Equity Financing at a valuation of approximately $3 billion led by Funds managed by KKR , with participation from Sixth Street Growth  and TenEleven , as well as new funding from existing Series A investor Carrick Capital Partners . The multi-firm inve

Fervo Energy , delivering 24/7 carbon-free geothermal energy, led by Tim Latimer, Jack Norbeck, PhD, David Ulrey, Christian Gradl, Sarah Jewett, and others, has announced  the closing of its oversubscribed $462 million Series E funding round, led by new investor  B Capital , with participation from new investors, including AllianceBernstein, Atacama Ventures, Carbon Equity, Climate First, Google, Mitsui & Co., Dr. Kris Singh (Founder of Holtec International), and JB Straubel.

Aneli Capital , investing in visionary startups to revolutionize industries and drive transformative change, led by Daiva Rakauskaitė, Jacek Blonski, Nerijus Baliunas, Sabina Siniciene, and others, has announced  €35 million fund to support early-stage startups in the Baltics, Poland, and other Central and Eastern European (CEE) countries, that will primarily focus on Information and Communication Technology (ICT) as well as robotics, space, photonics, and energy startups, to

Nu Quantum , building the quantum networking technology to scale quantum computers, led by Dr. Carmen Palacios-Berraquero, Dr. Claire Le Gall, Ed Wood, Danny Garden, Amii Shepperson, Sam Funnell, and Jonathan Cumming, has secured $60 million in Series A funding round led by National Grid Partners , including participation from Gresham House Ventures  and Morpheus Ventures , and continued support from existing investors Amadeus Capital Partners , IQ Capital , Ahren Capital , C

Orbital Marine Power , the future of clean, predictable power solutions, led by Andrew Scott, Chris Milne, and Oliver Wragg, has secured £7 million in investment. PXN Ventures  – the combined VC arm of Praetura Ventures and Par Equity- joined existing shareholders, including Scottish Enterprise, to invest in Orbital. The investment follows strong momentum in Canada, where Nova Scotia recently awarded Orbital and Eauclaire Tidal Ltd major new tidal energy licenses through its

Assaia , providing airports and airlines with real-time visibility of turnaround operations, led by Christiaan Hen, Max Diez, Dmitry Chugreev, Jan Willem Kappes, Louise Niven, and others, has secured  $26.6 million in an oversubscribed Series B funding round, led by European investment firm Armira Growth , alongside existing investors. The new capital will help Assaia scale its AI platform globally and launch new solutions to boost airport, airline, and ground-handler efficie

Pryzm , the AI command center for federal business development growth and accelerated acquisitions, led by Nick LaRovere, David Istrati, Justin Deckert, Matt Hawkins, Joe Lace, and Bronwyn Davies, has secured a $12.2 million seed funding round led by Andreessen Horowitz’s ( a16z ) American Dynamism fund, with participation from existing investors XYZ Venture Capital , Amplify.LA , and Forum Ventures .  The funding accelerates Pryzm’s mission to modernize federal technology ac

Boom Supersonic , the company building the world’s fastest airliner, led by Blake Scholl, Rachel Devine, Jeff Mabry, Megan Young, and others, has announced  a backlog of more than $1.25 billion for its Superpower turbine and revealed its launch customer, Crusoe . The company also closed a $300 million funding round led by Darsana Capital Partners , with participation from Altimeter Capital , ARK Invest , Bessemer Venture Partners , Robinhood Ventures , and Y Combinator . Supe

Quantum Dice , harnessing the quantum properties of light to solve some of today's most critical computational challenges, led by Dr Ramy Shelbaya, Dr Marko von der Leyen, and Dr Zhanet Zaharieva, secured a €2 Million grant from the  European Innovation Council (EIC) Accelerator  programme, with the project now officially underway following its October kick-off. Quantum Dice, one of only 40 deep-tech start-ups across Europe, and among just three from the UK, was selected from

Empromptu , creating accurate AI applications automatically, led by Dr. Sean Robinson and Shanea Leven, has secured $2 million in funding, led by Precursor Ventures , with participation from Alumni Ventures , Founders Edge, Rogue Women VC , South Loop , and Zeal Capital , as well as angel investor Edith Harbaugh, Co-founder of LaunchDarkly. Shanea Leven, Founder and CEO of Empromptu, remarked: “SaaS apps shouldn’t need rewrites to become intelligent; they should modernize in

Solve Intelligence , building intelligence for drafting, prosecution, claim charts, invention harvesting, and more, led by Chris Parsonson, Angus Parsonson, and Sanj Ahilan, has secured $40 million in Series B co-led by  Visionaries  and  20VC , with Thomson Reuters ,  Y Combinator ,  Operator Collective  (led by ex-Cisco IP chief Mallun Yen), and angels like the founders of Tinder, Canva, Deel, Ironclad, Base44, Cleo, Hugging Face, Pigment, and Higgsfield, as well as  Kevin

betacluster Ventures , fueling early-stage smart data startups from the beta phase to worldwide success, led by Florian Steger, Gabriela Brodzińska-Drozd, and Cezary Iwan, has launched  betacluster Poland.One , a new early-stage fund under the PFR Starter program with a target capitalisation of €19 million (PLN 81.25 million). The fund will back technology startups primarily from Poland that are building solutions for the Smart Data Economy, where intelligent data systems, AI