2025-Q4 Portfolio News

October 2025

Founded in 2018 by then 18-year-old James Dacombe, CoMind has raised $102.5M in funding. The company’s most recent round of $60M was led by venture capital firm Plural, with participation from LocalGlobe, Latitude, Octopus Ventures, Crane, and Angelini Ventures. The London-based health-tech startup is revolutionizing how clinicians monitor the brain. Their non-invasive device measures cerebral blood flow, intracranial pressure and cerebral autoregulation without puncturing the skull. The company will use the funds to advance regulatory approval in the U.S., complete further clinical trials and scale manufacturing.

Phagos has raised €25M in a Series A funding round co-led by CapAgro, Hoxton Ventures, CapHorn and Demeter. The Paris-based biotech startup is developing AI-enabled bacteriophage therapies as precise, sustainable alternatives to antibiotics—initially for animals (e.g., livestock and aquaculture) with plans to expand into human health. The funds will support the deployment of its veterinary treatments, further development of its patented AI discovery platform, and global expansion.

Aerska has raised $21M in Seed funding, with the latest round co-led by Age1, Backed VC and Speedinvest. Founded in 2025, the Dublin-based biotech startup is developing systemically administered RNA interference (RNAi) medicines for diseases of the brain by leveraging an antibody-oligonucleotide conjugate platform with “brain-shuttle” delivery to cross the blood-brain barrier. Its leadership team has deep expertise in RNA medicines, CNS drug discovery, and clinical product development. The company will use the funds to expand its Dublin and London operations and accelerate its drug discovery timeline.

Jack & Jill has raised $20M in funding, led by Creandum. The six-month-old, London-based startup is developing conversational AI agents to transform job hunting: one agent (Jack) has already coached 50,000 job seekers through a 20-minute AI-powered profile interview, while the other (Jill) supports employers by matching and screening thousands of candidates. The company will use the funds to expand into the U.S., scale its two-sided platform, and deepen its AI matching capabilities. The company is also looking to acquire smaller startups to accelerate team growth.

PACT has raised $20M in Series A funding to scale production of its biofabricated collagen-coated material, “Oval.” The Cambridge-based startup is creating sustainable alternatives to animal and plastic-based leather for use in footwear, interiors, and automotive manufacturing. The round was co-led by Forbion and HV Capital. The funds will be used to scale up to meet surging demand from leading luxury maisons and lifestyle brands.

nPlan has raised £11.9M in Series B funding, led by CapHorn, Chevron Technology Ventures, and Suffolk Technologies. The London-based startup uses machine learning to forecast and de-risk large construction projects, drawing on data from more than 750,000 past schedules. Its technology helps identify potential delays before they occur, saving clients millions in cost overruns. The company will use the funds to expand internationally and strengthen its AI models.

altrove has raised $10M in Seed funding, led by Alven with participation from Bpifrance Digital Venture, Contrarian Ventures, and Emblem. The Paris-based deep-tech startup is developing AI-designed alternatives to critical materials, including rare-earth-free and cobalt-free magnetic materials for high-performance motors. The company will use the funds to expand its labs, grow its team, and scale production from grams to industrial volumes within two years.  

ClarityCare AI has raised $3.5M in Seed funding. The company is developing an AI-driven platform targeted at healthcare operations. The team is developing the industry’s first fully comprehensive suite of highly specialized AI agents streamlining and improving administrative healthcare operations, with a focus on prior authorizations and utilization management. The round included Maverick Capital, firstminute capital, and Top Harvest Capital. 

Belidor has raised $3.1M in pre-Seed funding, from Angular Ventures and Max Ventures. The startup is building an AI-native platform for preconstruction teams to analyze and level bids with full cost transparency. Users can drag and drop bid PDFs, and Belidor’s AI automatically extracts line items, aligns scopes, flags gaps, and highlights best-value options. The company will use the funds to accelerate product development and expand market reach. They are also actively hiring to grow their team.

November 2025

Transcelestial has raised an additional $9.7M, bringing its total funding to $34.7M, to fund deployment of its laser-based connectivity across Japan. The company builds high-capacity, wireless laser links designed to support disaster response, national defense, and emerging space communications. The round was led by MPower Partners, with follow-on investments from SEEDS Capital, NTT Finance, Kickstart Ventures and others. The new capital will accelerate rollout of resilient, non-cable communications infrastructure where traditional fiber is slow or impractical.

LightSpeed Photonics has secured $6.5M in a pre-Series A round led by pi Ventures with participation from 500 Global, Indian Accelerator, 8X Ventures, Java Capital and angel investors. The deep-tech company builds high-speed optical interconnects designed for AI and high-performance computing systems, aiming to enable energy-efficient and scalable data movement. The funds will be used to set up a dedicated R&D facility for faster pilot deployment and to scale its hardware development across Singapore, India, the U.S. and Japan.

immunitoAI has raised $6.1M in a Series A round to advance its AI platform for designing antibody therapeutics from scratch. The Bengaluru-based startup uses generative AI to create antibody sequences without relying on animals or human donors, reducing development time from the usual 4-5 years to around 11-12 months. The round was led by investor and fund manager Ashish Kacholia, with participation from pi Ventures, Anicut Capital, 3one4 Capital, AC Ventures and others. The funds will be used to build the company’s antibody-development pipeline and produce IP for pharma clients.

Mirantus Health has secured €5.5M in a Seed round to expand its mira eye screening service across the DACH region. The company has created a low-threshold screening service that gives patients faster access to care by enabling opticians to detect potential abnormalities early and return assessments in as little as one day, avoiding long-term follow-up costs for the healthcare system. Revent led the round, joined by Redstone, Noaber and Arve Capital. The new funding will help the company grow from about two hundred sites to more than one thousand by 2027.

Interface has raised $3.5M in a Seed round led by defy.vc with participation from Precursor Ventures, Rock Yard Ventures and angels including Charlie Songhurst. The recently founded San Francisco-based startup has built an AI platform that audits industrial operating procedures for compliance and safety risks. Its system has already identified 10,800 errors across three sites in two and a half months for one of Canada’s largest energy companies. The funding will support expansion across energy and heavy industry throughout North and South America.

Fleetcraft has raised $3.2M in a Seed round led by Susa Ventures to bring AI-powered efficiency to aircraft maintenance and overhaul operations. Fleetcraft has built a system that captures repair findings through voice input, automates compliant maintenance logging, and uses AI to interpret complex regulatory documents, reducing paperwork from hours to seconds. The funding will allow the San Francisco-based company to expand its platform across maintenance facilities worldwide.

Fit Collective has raised £3M in a pre-Seed round to tackle fashion’s fit crisis. The London-based startup uses artificial intelligence to help fashion brands fix sizing and reduce returns by analyzing returns data, fabric behavior and sales patterns before clothes are produced. The platform is already working with brands such as Rixo, Ro & Zo and Boden. With the new funding from AlbionVC, SuperSeed, True Global and January Ventures, alongside an Innovate UK Smart Grant, Fit Collective will expand the team, advance product development, and deepen integration with global apparel brands.