Fund V

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.

Magentic • Series A

Magentic, a provider of AI-powered digital workers for industrial companies, raised $18 million in Series A funding led by Felicis to automate industrial operations.

UForce • Unknown

London-based UForce, which makes unmanned vehicles for air, land, and sea, is seeking about $500M in funding led by Valor Equity at a ~$5B valuation.

Jaipur Robotics • Seed

Swiss industrial AI company Jaipur Robotics raised €4.3M in seed funding to expand its computer vision and automation technology for waste-to-energy and other industrial plants.

Cato • Seed

Italian AI company Cato raised €6M in seed funding to expand its platform for helping businesses find, analyse and compete for public tenders. The round was led by Keen Venture Partners.