British Business Bank Commits £180 Million to AI and Deeptech Funds
The British Business Bank is investing £180 million into six venture capital funds to bolster the UK's AI and deeptech sectors across all growth stages.

The British Business Bank is investing £180 million into six venture capital funds to bolster the UK's AI and deeptech sectors across all growth stages.

Circus Group CEO Nikolas Bullwinkel will join the EU-Startups Summit 2027, sharing insights on scaling deep-tech ventures following his experience with Flink and the public listing of Circus.

Matter Machine has raised £4 million in a pre-Series A round, with former Oxford Nanopore CEO Gordon Sanghera joining the AI-focused materials discovery startup.

Monte Carlo Capital has raised €13 million for its second fund to invest in early-stage DeepTech, AI, and SpaceTech startups.

NUSX, the innovation arm of the National University of Singapore, has announced a goal to generate $1 billion in returns and impact one billion lives by 2035 through a new venture-building strategy.

The UK and Germany have established an industrial tech corridor to accelerate growth in AI and deeptech through cross-border partnerships and joint research funding.

UK-based quantum computing startup Universal Quantum has raised $100 million in a Series A round to accelerate its global expansion and technology commercialization.

Nevermind has launched with a €23.6 million first close to invest in dual-use deeptech startups, targeting a final fund size of €35 million.

EU-Startups released a six-part podcast series recorded at A5X Singapore, focusing on DeepTech ecosystems, AI integration in healthcare, and the growing partnership between Europe and Asia.

NUSX and UnternehmerTUM have launched a partnership to connect the Singapore and Munich innovation ecosystems, featuring reciprocal outposts and a new €102 million VC collaboration.

Deeptech startup StandardX has raised £10 million in seed funding to build an accelerator-based refinery for medical and fusion energy isotopes.

French startup Lightspring has raised over €3.5 million to industrialize its 3D-fabricated photonic integration platform for AI infrastructure.

Morphotonics has raised over €40 million in Series B funding to scale its nanoimprint lithography technology for the mass production of optical components used in AI glasses.

French startup Lightspring has raised over €3.5 million in combined equity and grant funding to industrialize its 3D lithography process for photonic chip manufacturing.

Project Ventures has debuted a €5.8 million fund dedicated to supporting DeepTech and AI startups emerging from the Imperial College London ecosystem.

Project Ventures has launched a £5 million fund to support early-stage deeptech and AI startups founded by alumni of Imperial College London.

Deeptech startup MicroLub has raised $10 million to scale its protein-based ingredient technology that reduces fat and calories in food products.

Deeptech startup Nearby Computing has secured €680 000 as part of a €1.4 million financing round to scale its cloud-to-edge orchestration platform.

Deeptech startup AcouBatt has raised £1.1 million in pre-seed funding to scale its AI-powered battery diagnostics technology and expand industrial pilot programs.

Momchil Sabev, Director of the EIC and EISMEA, discusses how public institutions are strengthening Europe's innovation ecosystem and supporting DeepTech startups.
