Hong Kong-based Qupital secured $300 million in a combined Series C and asset-backed financing round. The company, which provides working capital to e-commerce merchants, plans to use the funds to expand its lending operations across China, the United States, Japan, and Southeast Asia.

Stockholm-based Tandem Health raised $100 million in Series B funding led by the Scaleup Europe Fund. The company develops an AI-powered clinical operating system and plans to scale its platform, which currently supports more than 10,000 care organizations across Europe.

Amsterdam-based cybersecurity startup Fortaegis closed a $50 million Series A round. The company focuses on silicon-level security for AI infrastructure and defense systems, with plans to begin commercial manufacturing of its hardware-based security products in 2027.

Brussels-based Chift raised €10.5 million in Series A funding led by BlackFin Capital Partners. The company provides a unified API for financial software integrations and currently connects more than 120 financial systems for over 50,000 small and medium-sized enterprises.