Lucy Adams

London

Journalist at Tech.eu

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FE fundinfo acquires Fundipedia to expand data management capabilities for asset managers

1 week ago | tech.eu | Lucy Adams

Financial data company FE fundinfo has announced the acquisition of Fundipedia, a UK-based SaaS platform that helps asset managers capture, validate, and distribute product data. The deal marks FE fundinfo’s fifth acquisition in the past year. The acquisition, announced on 29 May, extends FE fundinfo’s Nexus ecosystem with Fundipedia’s platform, which automates key operational functions such as data validation, regulatory compliance, and reporting.
Ankar raises £3M Seed to protect intellectual property with AI-powered platform

1 week ago | tech.eu | Lucy Adams

London-based startup Ankar has raised a £3 million seed round led by Index Ventures to scale its AI-driven platform that allows customers to discover, protect, and monetise Intellectual Property. The round also attracted participation from Daphni, Motier Ventures, Booom, and Puzzle Ventures, along with notable angel investors such as Olivier Pomel (CEO of Datadog) and Julien Chaumond (CTO of Hugging Face).
Ad Signal secures £3M to scale AI-powered media tech

1 week ago | tech.eu | Lucy Adams

York-based content intelligence company Ad Signal has raised £3 million in growth funding from Foresight Group, as the company looks to accelerate product development and expand its commercial footprint across the UK and internationally. Ad Signal develops AI-driven tools that help broadcasters, content platforms, and post-production houses manage duplicate video and audio content, reducing both storage costs and associated carbon emissions.
Swedish construction logistics startup Alrik raises €7M to expand across Europe

1 week ago | tech.eu | Lucy Adams

Stockholm-based startup Alrik, which provides logistics software for the construction sector, has raised a fresh round of funding to accelerate its expansion across Europe. The round was led by Nordic VC People Ventures, with returning investor Pi Labs, a London-based early-stage proptech firm, also participating. The new capital brings Alrik’s total funding to €7 million.
Salvia BioElectronics raises $60M to accelerate its migraine therapy launch

1 week ago | tech.eu | Lucy Adams

Dutch medtech Salvia BioElectronics has closed a $60 million Series B funding round to advance its MySalvia Therapy, a minimally invasive neuromodulation solution aimed at treating chronic migraine. The oversubscribed round was led by Amsterdam-based Innovation Industries, with participation from Invest-NL, the EIC Fund, and returning backers including Inkef, Panakès Partners, SHS Capital, Dolby Family Ventures, Brabant Development Agency (BOM), and Thuja Capital.
New angel fund ‘Masia’ aims to cement Barcelona’s tech hub status

1 week ago | tech.eu | Lucy Adams

A new angel fund, Masia, has launched in Barcelona. Founded by VC Carlos Trenchs and Pepe Borrell, former co-founder of Crowdcube Europe, Masia aims to accelerate the city’s ascent as a premier European tech hub. The fund, which has operated in stealth since September 2024, has co-invested in nine startups alongside 20 international angel funds. Masia plans to deploy €20 million across 60 pre-seed and seed investments, further embedding itself in the European early-stage funding ecosystem.
Swedish legaltech Legora raises $80M Series B at $675M valuation

2 weeks ago | tech.eu | Lucy Adams

Stockholm-born legaltech company Legora, formerly known as Leya, has announced an $80 million Series B funding round, bringing its valuation to $675 million. The round is led by ICONIQ Growth and General Catalyst, with follow-on investment from Redpoint Ventures, Benchmark, and Y Combinator. The funding marks a significant milestone in the company’s ascent, having scaled from launch to Series B in under two years, and reflects growing investor interest in the use of AI in legal services.
UK-based Rivan raises £10M to scale solar-powered synthetic fuel plants for heavy industry

2 weeks ago | tech.eu | Lucy Adams

London-based climatetech Rivan has raised £10 million in a funding round led by Plural, with participation from 20VC, Nat Friedman and Daniel Gross (NFDG), and angel investors Patrick and John Collison, co-founders of Stripe. The company is developing modular synthetic fuel plants powered entirely by off-grid solar energy, aiming to address energy security and industrial decarbonisation in the UK and Europe.
Oslo-based Attensi secures over $25M in growth funding for gamified training solutions

2 weeks ago | tech.eu | Lucy Adams

Attensi, an edtech providing game-based training and skills development, has raised $25 million in non-dilutive growth funding from Ture Invest Partners, a direct lender in the Nordic region. This new funding comes as the company accelerates its expansion plans, particularly in the US market, and continues to develop AI-enhanced training solutions.
British adeus secures £500,000 Innovate UK grant for electronic wills

2 weeks ago | tech.eu | Lucy Adams

London-based digital wills platform adeus has received a £500,000 Innovate UK Smart Grant to advance technology supporting the upcoming legal shift toward electronic wills in England and Wales. adeus, a London-based digital-first wills and legacy planning startup, has been awarded a £500,000 Smart Grant from Innovate UK, the UK government’s innovation agency.