Fund I

NewSchool VC • Fund I

Belgian venture capital firm NewSchool VC closed its first fund at €10 million to invest in early-stage B2B technology companies.

FintechOS • Equity and Debt

Romania-founded FintechOS, which provides AI and software services for banks and insurance firms, raised $28 million in equity and debt funding from its current investors.

Final Frontier and Myriad → Combined platform (Final Frontier + Myriad)

Danish defence tech VCs Final Frontier and Myriad are joining forces to create a combined platform and move forward under one brand, with a targeted €100 million fund.

California Governor Gavin Newsom signed seven bills requiring AI data centers to directly fund utility infrastructure upgrades rather than passing costs to residents. The legislation creates a dedicated rate classification intended to mitigate the financial and environmental strain of rapid data center expansion.

Infrastructure Policy • The Verge AI

Ande • Seed & Series A

Ande emerged from stealth with $52 million in seed and Series A funding. The New York-based startup uses AI agents to help businesses arrange corporate events for employees or customers.

Morphotonics • Series B

Netherlands-based deeptech company Morphotonics raised more than €40 million in Series B funding to scale its manufacturing technology for AI glasses, augmented reality waveguides, and advanced photonics. The company is addressing a manufacturing bottleneck for AI devices.

Z.ai • Combined financing

Z.ai completed a combined financing round of around $5 billion, including about $2 billion from a share placement and roughly $3 billion through convertible bonds, to fund next-generation GLM foundation models.

Open Cosmos • Unknown

Open Cosmos secured €300 million in funding to expand satellite manufacturing capacity and accelerate deployment of its connectivity and Earth observation services.

Tandem Health • Series B

Swedish healthtech startup Tandem Health raised $100 million in Series B funding led by the EU-backed Scaleup Europe Fund, a new investor.