Europe Funding Updates

Osavul Raises €8.5M Series A to Expand Its Threat Detection Platform

€8.5M·Series A·Luxembourg, Luxembourg

Osavul provides an AI platform that scans online and open-source information for signs of disinformation campaigns, hostile activity, cyber threats, and physical threats before they become attacks. The Luxembourg-based company serves government, defence, and enterprise users with intelligence drawn from publicly available data. Founded by Dmytro Plieshakov and Dmytro Bilash, Osavul launched in response to Russia’s invasion of Ukraine. Its technology is used by NATO, defence enterprises, and governments, giving the company a foothold in security-sensitive markets where early warning can inform operational decisions. Osavul has raised €8.5 million in a Series A led by 33N Ventures. Balnord, G+D Ventures, and 42CAP also participated, bringing the company’s total funding to around €12 million. The company will use the round for go-to-market activities, with a specific focus on growing its enterprise client base and expanding its work with governments and defence organisations. The investment gives Osavul additional resources to extend adoption of its threat-monitoring platform across those customer groups.

FRANK Secures €2.9M in Series Unknown to Expand AI Insurance Broker Platform

€2.9M·Series Unknown·Lisbon, Portugal

Lisbon-based FRANK is building an AI-powered platform and virtual assistant that handles administrative work for insurance brokers. Its tools connect communication channels with insurer systems and portals, helping agencies manage back-office processes with less manual intervention. The company has raised €2.9 million in a Series Unknown round led by Armilar and Start Ventures. FRANK was founded by Antonio Castro, Ricardo Vallejo, and Alexandre Silva. FRANK began commercialising its platform less than 12 months ago and now serves more than 350 insurance agencies and brokerages across Portugal. The customer base represents over 1,500 users, while the technology processes about 70,000 back-office tasks each month. The company will use the funding to strengthen support for brokerage clients and invest in research and development, with most of the capital going toward further developing and training its technology. FRANK is also preparing to enter international markets in 2027 while consolidating its position in Portugal, alongside continued go-to-market work and product development.

Foundational Raises £8.2M Pre-Seed to Expand Satellite Positioning Infrastructure

£8.2M·Pre-seed·London, United Kingdom

London-based Foundational is developing satellite-mounted retroreflectors, automated ground-based laser stations, and software that turns laser measurements into precise positioning data. Its system is intended for satellite navigation and positioning, Earth observation, surveying, maritime, and aviation applications. Founded in 2025 by Hira Virdee and Dave Gooding, the company is working to automate and scale Satellite Laser Ranging, a method that measures the distance between ground stations and orbiting spacecraft. Foundational plans to build a network that can provide positioning data to satellite operators, insurers, and governments. The startup has raised £8.2 million in pre-seed funding from Inflection, BACKED, Final Frontier, Adjacent, and Type One Ventures. The round will support go-to-market activity alongside product development as Foundational builds out the infrastructure behind its service. The company will expand its ground-station network and vertically integrate manufacturing of its space-based hardware. It also plans to increase production of its retroreflector products and continue developing the software platform that collects, processes, and delivers the resulting data.

Revnu Raises €2.6M Seed to Expand Its AI Sales Pipeline Platform Internationally

€2.6M·Seed·Manchester, United Kingdom

Manchester-based Revnu is building an AI platform that helps businesses find customers and develop sales pipelines. Its AI agents run campaigns across channels including LinkedIn, TikTok, and Instagram, while testing advertising, generating leads, and booking meetings. Founded in 2026 by George Jefferson and Art Freebrey, Revnu is also developing generative engine optimisation capabilities. The product is intended to help businesses improve how they appear in responses generated by AI systems, alongside its customer acquisition tools. The company has raised €2.6 million in seed funding led by NPIF II – PXN Equity Finance and PXN Ventures. Y Combinator, identity.vc, and InvestorX also participated in the round. Revnu will use the funding to build its team and support go-to-market activity. The startup plans to accelerate growth in the UK and US before expanding into additional international markets, with hiring and market development forming the next stage of its growth plan.

Good Tape Raises Undisclosed Series Unknown Funding to Expand AI Transcription Platform

Undisclosed·Series Unknown·Copenhagen, Denmark

Good Tape, a Copenhagen-based AI transcription company, helps journalists, researchers, consultants, lawyers, and public-sector teams record conversations, turn them into transcripts, and organize the surrounding archive context. Its tools are built for teams that need to revisit source material rather than treat each interview as a one-off document. Nordic Makers invested in the company as part of a management buyout that made Good Tape independent from Zetland. The funding amount and formal round type were not disclosed. Lasse Finderup took majority ownership through the transaction, while co-founder Ýmir Gyðuson Gíslason remains part of the company’s leadership. Alexander Aghassipour led the investment for Nordic Makers and joined Good Tape’s board. The capital is supporting product development. Good Tape has since launched Explore, a context layer that connects users’ recordings and transcription archives, helping them uncover relevant material across older interviews and stored research. The product rollout represents the company’s clearest next step following the buyout and investment.

Voltaback Secures €2.8M in Series Unknown Funding for European Fleet Software

€2.8M·Series Unknown·Levallois-Perret, France

Voltaback has built a software platform that helps companies manage fleets using connected vehicle data, without requiring additional hardware. The Levallois-Perret, France-based startup supports mileage tracking, employee reimbursement for home EV charging, benefits-in-kind calculations, and CSR reporting from a single system. The company raised €2.8 million in Series Unknown funding led by Serena, with participation from Aurélien de Meaux and Maxime Brousse. Founders Arnaud Tran and Adrien Guenard will use the capital to expand the platform’s reach and product capabilities for business mobility. Voltaback says its software was adopted by 20% of CAC 40 companies over the previous 12 months. Customers include Veolia, Equans, BNP Paribas, Sanef, Lyreco, Loxam, Fayat, Fives, and Sodexo, giving the startup a foothold among large corporate fleet operators. The funding will support a rollout across six European countries, alongside team growth and broader product development. Voltaback plans to expand its offering around fleet administration, EV charging reimbursement, employee mobility data, and related reporting needs as it enters more European markets.

Deepslate Raises €7.7M Seed to Build European Speech-to-Speech AI Platform

€7.7M·Seed·Berlin, Germany

Berlin-based Deepslate develops speech-to-speech AI models that process spoken language directly, with support for European languages and infrastructure hosted entirely within the European Union. Its technology is built for voice interactions where latency, voice quality and data location matter. The company has raised €7.7 million in seed funding led by 42CAP, with participation from Alstin Capital, SIVentures and several business angels. Deepslate was founded by Paskal Paesler and Jan Brachthäuser. Deepslate provides its voice AI through a self-service platform and API. Platform providers and enterprise customers can also access volume and self-hosting options, while the technology is already used in production by insurers, contact centres and platforms. The funding will support expanded model training and a broader European data programme, alongside work to improve latency and voice quality. Deepslate also plans to grow its sales and marketing teams and scale production infrastructure in European data centres as call volumes increase.

Ahron Raises €2.2M in Series Unknown Funding to Build AI HR Platform

€2.2M·Series Unknown·Munich, Germany

Munich-based Ahron is building an AI agent-based HR platform that automates processes across a company’s existing HR systems. Its software is intended to connect those systems and handle routine workflows with more context than isolated automation tools. The startup has raised €2.2 million in Series Unknown funding led by Cusp Capital, with participation from superangels, HR-sector business angels, and Sabine Kohleisen. Ahron was founded by Carl Hoffmann and Rado Pavlov. Ahron has generated more than €1 million in annual recurring revenue since the start of the year and has secured customers across the United States and Europe. It also partners with Celonis, using the company’s Process Intelligence technology to create digital twins of HR processes. The funding will support product development and go-to-market work. In particular, Ahron plans to build out the central control layer that gives its AI agents the context needed to operate across HR workflows, while also expanding internationally.

Inbolt Raises €11M Series Unknown to Expand 3D Vision for Industrial Robots

€11M·Series Unknown·Paris, France

Paris-based Inbolt develops 3D vision and hardware-agnostic AI software that helps industrial robots understand their surroundings and adjust movements in real time. Its technology is deployed on more than 200 robots across over 100 factories on three continents. The company has raised €11 million in a Series Unknown round led by Shift4Good, with participation from Bridges Climate Transition Partners, BNP Paribas Développement, and Ora Global. The financing brings Inbolt’s total funding to €30 million. Founded by Rudy Cohen, Albane Dersy, and Louis Dumas, Inbolt provides software that enables robots to respond to changing conditions rather than relying only on fixed instructions. Its hardware-agnostic approach allows the technology to support industrial automation environments using different robot systems. Inbolt will use the funding to support growth in the United States and across APAC, while expanding into data centres and electronics manufacturing. The company also plans to further commercialise its technology for industrial robots, with funding allocated to go-to-market activity, product development, and hiring.

Tryp.com Raises €1.9M Seed to Expand AI-Native Multimodal Travel Booking Platform

€1.9M·Seed·Copenhagen, Denmark

Copenhagen-based Tryp.com is building an online travel agency that lets customers plan and book complete trips in one transaction. Its platform combines flights, trains, buses, ferries, accommodation, and transfers, giving travelers a single itinerary across multiple transport and stay providers. The company has raised €1.9 million in seed funding led by Point Capital Partners, with participation from Iberis Capital and angel investors. The round brings Tryp.com’s total funding to €5.9 million, which it will use for go-to-market activity and product development. Tryp.com was founded in Odense in 2021 by engineering students André Rangel de Sousa, Victor Gram Thomsen, Tiago Martins, Hélio Domingos, Sebastian Nørgaard, and Inês Jorge. It operates a licensed travel agency in Lisbon, and its technology powers WIZZ Holidays, while the platform has surpassed 10 million users. The new capital will help Tryp.com extend its platform to more travel brands and introduce experiences and activity-led trips before the end of the year. The company also plans to support expansion into Asia and the Americas as it broadens the types of trips customers can discover and book through its marketplace.