Iris Ventures, a Barcelona-based growth investor focused on purpose-led consumer brands, has announced the first close of its second fund, IRIS Fund II, securing €100 million toward a total target of €200 million. The new fund will back companies in the beauty, wellness, nutrition, longevity and conscious living sectors. Founded in 2021 by Montse Suarez, Iris Ventures aims to support brands that combine commercial success with a strong sense of purpose. The firm’s first €100 million fund invested in companies such as Olistic, VICIO, Essentialist, Superlativa, Maurten, Healf and Artemest. Suarez said Iris Ventures was created on the belief that innovation does not only come from technology, but also from how people live, consume and care for themselves and the planet. Her goal has been to “champion founders who build with purpose: entrepreneurs determined to grow responsibly and shape a more inclusive, regenerative economy.” The firm takes a partnership-focused approach, working closely with founders on scaling, brand strategy and international growth. Its investor base includes European family offices with deep roots in consumer industries, providing both financial backing and sector expertise. The launch of IRIS Fund II comes at a time when investors are increasingly seeking opportunities in purpose-driven consumer brands as customers prioritise ethical production, transparency and wellbeing. While Europe has traditionally lagged behind the United States in scaling lifestyle and wellness companies, Iris Ventures is positioning itself as a bridge between the two markets. With IRIS Fund II, the firm plans to invest between €5 million and €20 million per company, supporting 12 to 15 scale-ups over the next four years. Around 80 per cent of the capital will go to European startups, with the remainder backing US ventures aligned with its mission. Unlike traditional private equity funds, Iris Ventures operates with a partnership model that involves close collaboration on scaling, brand strategy and international growth. Its investor base includes influential European family offices with deep roots in consumer industries, allowing the firm to combine patient capital with operational expertise. This approach has helped Iris carve out a strong position in Europe’s increasingly competitive consumer growth investment space.

The Barcelona Deep Tech Summit (BDTS), promoted by Barcelona Activa, will hold its fourth edition from November 4 to 6 with a clear theme: ‘Deep tech for a better future’. The event aims to become the benchmark congress for the sector in Southern Europe, positioning Deep Tech as a tool to address humanity’s future challenges. This edition will reinforce its mission to promote science and Technology based entrepreneurship by connecting emerging projects with investors, researchers, companies, and institutions. BDTS will host over 600 startups—including 100 exhibitors—180 investors, more than 275 corporations, 180 researchers, and over 250 university representatives. Deep tech ecosystems from countries such as Canada, Sweden, Portugal, France, and Italy will also actively participate, positioning the event as a global platform for the sector. The congress is going to cover a total of 1,300 m² at Fira de Barcelona Gran Via and is expected to welcome more than 2,500 visitors. Internationally renowned speakers To explore technological potential and upcoming challenges, the event will bring together more than 70 top-level international speakers, including futurist health expert Zayna Khayat from the University of Toronto; venture capital investor Michael Jackson; sustainability consultant and founder of Volans, and father of the concept of ‘corporate sustainability’, John Elkington; Libelium CEO Alicia Asín; Profoundo founder and CEO and media reference in the startup ecosystem, Robin Wauters; and OXOLife founder and CEO, Agnès Arbat. BDTS will feature an exhibition area with over 100 startups and demos, a pitch corner for project presentations, a one-to-one space to connect entrepreneurship and research with corporations and investors and an auditorium with a capacity for 200 people to follow the main sessions. To ensure a program aligned with European objectives and capable of showcasing Barcelona’s potential, BDTS has relied on an advisory board composed of 14 representatives from the fields of investment, technology transfer, tech-based entrepreneurship, and leading institutions from Spain, France, Italy, Portugal, United Kingdom and European Commission. The Deep Tech aim: a better future Deep tech startups and spin-offs develop solutions based on scientific discoveries and disruptive innovations to address major social challenges. This mission has led to the definition of three thematic axes aligned with the goals of showcasing Deep Tech’s capacity to solve global challenges and achieve strategic autonomy in Europe: LIFE & PLANET: Explore how Deep Tech is revolutionizing health and sustainability with life-saving innovations. Cross-cutting sessions dive into investment and real-world implementation. COMPUTING & TECH SOVEREIGNTY: Explore key frontiers in digital sovereignty and advanced computing, with investment opportunities in strategic technologies. Cross-cutting sessions reveal funding trends and venture capital strategies. FROM LAB TO MARKET: Bridges innovative research with real-world impact through tech transfer, Deep Tech talent, and startup creation. Cross-cutting sessions explore how to accelerate scientific entrepreneurship. Deep Tech requires highly specialized talent and a financing ecosystem that understands the need for time and capital to achieve returns. Moreover, they carry higher risk due to their disruptive nature. In this context, public administrations and sector stakeholders have the mission of connecting potential investment with the individuals who have the initiatives and can develop them. BDTS is the place for the interaction between entrepreneurship, companies, venture capital, and the public sector that Deep Tech needs to discover disruptive ideas and transfer knowledge to society to help transform it through research and technology. Barcelona as a generator of opportunities for Deep Tech In a context of geopolitical change, open autonomy has become a priority. The European Union has expressed the need to reduce dependence on critical technologies such as artificial intelligence, semiconductors, quantum computing, and biotechnology to ensure the continent’s competitiveness, resilience, and innovation capacity. In this scenario, Deep Tech emerges as a strategic sector with high global transformation potential, and Barcelona offers a privileged environment with some of the strongest ecosystems in Europe. It includes five top-tier universities—UPC, UAB, UB, UPF, and UOC—and research centers such as the Barcelona Institute of Science and Technology (comprising seven research centers), the Barcelona Supercomputing Center, the Alba Synchrotron, the National Center for Genomic Analysis, the Barcelona Science Park, and more than 340 Deep Tech startups that raised €544 million between 2019 and 2024, positioning the city as the leading European hub for funding in this sector.

France-based startup Kotcha, an AI-powered running coaching app, has raised €3.5 million to make high-quality coaching accessible to all runners. The round was led by Racine² (operated by Serena and makesense), with participation from TrueGlobal, Motier Ventures, and other consumer, health, running, and sports investors. Kotcha uses AI to recreate the athlete–coach relationship, delivering adaptive, personalised training guidance at scale. Race demand is rising rapidly, with the London Marathon receiving more than 1.1 million entries for 2026, which is twice as many as in 2024. Despite this growing interest, access to personalised coaching remains limited. Many runners still choose between generic apps that cost around €20 per month and human coaches who charge about €100 per month. Kotcha aims to close this gap by offering an AI coaching team that adapts in real time to each runner’s needs. Founded by marathon legend Eliud Kipchoge, Ben Dupont (CEO), Michel-André Chirita (CTO), Dimitri Dor (CMO), and the NN Running Team, Kotcha is built on the belief that running is a team sport and no one should run alone. The three tech founders worked closely with Kipchoge and his team to embed that philosophy in the product. Running is a team sport. Without my coaches and teammates, I would never have pushed human limits. With Kotcha, we wanted to share not just the training structure but the full support system that made it possible, says Eliud Kipchoge. Most running apps restrict athletes to fixed 12 or 16-week training plans. Kotcha takes a different approach by recreating the experience of a real coaching staff with four AI coaches: a Head Coach, Nutritionist, Data Analyst, and Personal Trainer, each trained in NN Running Team methods. Tested with more than 300 runners, Kotcha provides a reliable and adaptive experience for athletes of all levels. AI often lacks the context to meet runners’ expectations. Kotcha is designed to understand each runner’s goals, training load, and patterns, so guidance feels like it comes from a coach who truly knows you, shares Ben Dupont. The vision shows up in everyday features. Each Sunday, Kotcha reviews recent data and feedback to plan the week ahead, automatically adjusting for missed sessions. Before and after each run, it provides briefings and debriefs. Runners can ask questions about training, nutrition, or recovery at any time and get immediate answers. This pre-seed round will support Kotcha’s launch and help bring its vision to life in Europe and beyond.

London-based Mondra, an AI-powered platform delivering product-level intelligence for supply chain resilience, has closed its Series A funding round, raising £10 million from investors including AlbionVC, Planet A, Swisscom, PeakBridge, Ponderosa Ventures, and Green Circle Foodtech Ventures. Volatile supply chains and rising climate risks are reshaping the global food industry, influencing both affordability and availability. At the same time, increasing pressure to measure and manage Scope 3 emissions is driving food companies to balance supply resilience with progress toward climate goals. Mondra addresses these challenges by using digital twin technology to map complex, previously hard-to-trace supply chains and establish a framework for managing product-level performance from farm to fork. The platform provides real-time tracking of carbon and broader environmental impacts, climate-related supply risks, and price volatility across dynamic networks, integrating these insights into the systems used by major retailers, food companies, and their suppliers. This enables food companies to assess the environmental impact of each product, evaluate potential revenue risks related to climate disruption, generate audit-ready ESG data, analyse sourcing risks and alternatives, and collaborate with suppliers using credible insights and tools. With this intelligence, companies can prioritise actions to reduce emissions, maintain profitability, and strengthen sourcing resilience. The fundraise builds on Mondra’s Pre-Series A round last year, during which the company also introduced Sherpa, its AI-powered assistant integrated into the platform. Sherpa acts as a co-pilot for business stakeholders, supporting complex decision-making across the supply chain, from climate and social resilience to risk management and financial performance, to help improve environmental outcomes across the food sector. The new investment will accelerate Mondra’s expansion into key European markets, including the Netherlands, Germany, and France, and support the development of new product capabilities, extending the platform’s focus beyond emissions management to include supply chain disruption and climate risk management.

A prominent European VC firm, which has backed Revolut and Spotify, says it will not raise any new generalist VC funds, undertaking a “strategy shift” which will instead see it focus on raising returns from its portfolio companies such as Helsing and Neko Health. In a letter posted on its website, Lakestar founder and chairman Klaus Hommels explained the rationale behind the move, saying that the European VC market was undergoing a “profound transformation”, citing structural challenges that demand new strategies. Hommels said: "Capturing and delivering exceptional returns to our Limited Partners is a task I want to give my undivided attention. Therefore, going forward both Lakestar’s and my focus will be on maximising the potential of the existing portfolio and we will not raise any new generalist venture funds as we have in the past. "We will focus on the development of targeted new investment products to help our portfolio companies grow, and seize other emerging opportunities. Lakestar’s future investments will be larger, more concentrated, and made with own capital, allowing greater agility and freedom to pursue the big, visionary bets that have always defined our work." In the letter, Hommels said that Lakestar's priorities lay in helping portfolio firms reach their full potential, naming Revolut, Helsing, Isar Aerospace, and Neko Health as examples. He also said he would back "promising ventures" started by the Lakestar team as they "embark on their own entrepreneurial journeys". Lakestar, which has offices in Berlin, London and Zurich, has raised more than €2bn over the past 12 years, according to the FT. Hommels added: "We are on track to have raised close to $500 million by year end through our newest vintage of funds."

Every Health, Europe's first virtual clinic dedicated to LGBTQ+ healthcare, has closed a €1.1 million Seed round. The platform offers digital care pathways, including testing, consultations, prescriptions, and medication delivery, serving queer communities and anyone seeking stigma-free health care. While digital health companies like FOLX and Nurx have gained significant traction in the US market, Europe remains largely underserved. LGBTQ+ individuals represent 9 per cent of the world population with €150 billion in collective annual healthcare spending in Europe, yet face systematic barriers: 46 per cent avoid disclosing their sexual orientation or gender identity to healthcare providers due to fear of discrimination, according to the EU Agency for Fundamental Rights. Gay men face 23 times higher HIV risk than the general population globally, according to UNAIDS data. "Health is a human right, not a privilege. For LGBTQ+ people, that right has been systematically denied for far too long," said Dimitri Bilyarchyk, co-founder of Every Health. "We've heard countless stories: gay men travelling hundreds of kilometres every few months to get their PrEP, trans individuals waiting months for affirming care appointments, queer people avoiding doctors due to discrimination. Every Health exists because we refuse to accept this reality." Beyond LGBTQ+-specific care pathways, Every Health addresses the broader challenges of sexual health access, a category that affects millions but remains plagued by stigma, shame, and accessibility barriers in traditional healthcare settings.  The platform's digital-first model removes these friction points, offering discreet testing, consultations, prescriptions, prevention, treatment, and medication delivery designed for both queer communities and anyone seeking judgment-free sexual health services.   The company's approach tackles systemic barriers, including discrimination in healthcare settings, lack of cultural competency among providers, stigma around sexual health, and limited geographic access to specialised care. Czech Founders VC led the funding, with participation from Atlantic Labs, Nation 1 VC, Ultra Ventures, ZAS Ventures, and Taimi, one of the world's largest LGBTQ+ dating apps. "Our investment in Every Health was driven by the opportunity to solve a massive, underserved healthcare need affecting tens of millions of Europeans," shared Ivan Kristel, General Partner at Czech Founders VC.  "Dima and his team are exceptional executors who have proven they can build trust in a market that's been historically stigmatised and often ignored in healthcare. Every Health is defining an entirely new category in European healthcare. One that provides safety and access to millions who've lacked both." Taimi's strategic investment marks the dating app's first major move into verticals beyond its core platform, reflecting a broader trend of LGBTQ+ platforms expanding into holistic wellbeing services. "Investing in Every Health is a natural extension of our mission," said Alex Pasykov, founder of Taimi. "We've always believed that supporting the LGBTQ+ community means going beyond romantic connection. Access to inclusive healthcare is a huge part of that, and Every Health is building something essential." The round positions Every Health to build out the European LGBTQ+ digital health category, with plans to expand service offerings throughout the region where healthcare systems have been slow to address community-specific needs and sexual health access. The funding will enable Every Health to expand its care offerings with new remote diagnostics and treatment pathways addressing both LGBTQ+-specific healthcare needs and broader sexual health services. The startup has built a network of partner doctors, pharmacies, and labs serving thousands of users across Germany in its first year of operation. Lead image: Dimitri Bilyarchyk and Alexander Petrov, co-founders of Every Health. Photo: uncredited

Paygentic, an all-in-one billing and payments platform for AI-native and agent-driven products, has completed a $2 million pre-seed round led by MiddleGame Ventures, with participation from Anamcara Capital, Aperture, Alan Morgan (Chairman at Adfisco), Angel Invest, and others. Founded by Susan O’Neill and SamuelAlarco Cantos, Paygentic addresses a core challenge for AI-native companies: highly variable compute costs paired with billing systems that default to fixed monthly SaaS fees, constraining upside and increasing exposure to downside risk. The platform provides tooling and infrastructure for hybrid pricing, including subscriptions, usage-based, and outcome-based models, helping companies align revenue with actual consumption and results. Built for the speed and complexity of modern AI, Paygentic converts agent activity (prompts, outcomes, and usage events) into revenue, unifying billing, payments, and pricing in a single agent-focused stack that is quick to launch and easy to scale. Operating in stealth since its founding earlier this year, Paygentic has been working with a select group of early adopters. The investment will support team growth and faster product development, with a focus on advancing agentic billing capabilities and strengthening the payments infrastructure to serve a growing customer base.

OpenAI is offering UK customers, including the government and businesses, the option of storing their data in the UK for the first time, as it unveils an extension of its partnership with the UK government. The move comes as the ChatGPT developer says the number of people using it products in the UK has quadrupled in the past year, though it did not disclose specific numbers.The government today announced a further roll-out of its deal with the $500bn-valued OpenAI, aimed at helping Ministry of Justice civil servants benefit from ChatGPT. It supports the department’s plans to provide its employees access to OpenAI's business offering, ChatGPT Enterprise, aimed at boosting productivity.As part of the deal, UK retail customers, businesses, developers and government departments will be able to store their data in the UK for the first time. The move is designed to boost security and safety amid a rise in cyber attacks as well as meeting data protection requirements. The Ministry of Justice will be given the first option on data storage. The move comes as OpenAI looks to drive up enterprise usage of its products. The government's current use of OpenAI tech, includes civil servants using Humphrey, the Whitehall AI assistant, to boost productivity.Meanwhile, OpenAI CEO Sam Altman said the number of people using OpenAI products in the UK had increased fourfold in the past year. Altman said: "It's exciting to see them using AI to save time, increase productivity, and get more done. Civil servants are using ChatGPT to improve public services and established firms are reimagining operations. We're proud to continue supporting the UK and the Government's AI plan.”  Deputy prime minister David Lammy said:  “Our partnership with OpenAI places Britain firmly in the driving seat of the global tech revolution – leading the world in innovation and using technology to deliver fairness and opportunity for every corner of the United Kingdom.”

Europe’s cleantech sector attracted €1.1 billion in funding across 112 deals in H1 2025. While this represents a small share of the €33.7 billion raised across 1,941 European tech deals overall, the scale and ambition of recent cleantech rounds highlight the sector’s growing strategic importance in Europe’s transition to net zero. The largest funding rounds spanned clean mobility, renewable energy, circular materials, and green industrial innovation. Investment activity remained strong across the continent, with Germany (21 deals), the UK (18), Switzerland (13), Spain (10), and the Netherlands (9) emerging as key hubs of climate innovation. From waste-to-hydrogen pioneers to smart-energy leaders, European founders are turning deep-tech solutions into scalable climate impact, cementing cleantech as one of the continent’s most dynamic and promising investment frontiers. The following are the ten largest funding rounds in the European cleantech industry during the first half of 2025. Amount raised in H1 2025: €118M Aegis Energy is a UK-based clean mobility infrastructure company accelerating the decarbonisation of commercial transport. It develops and operates multi-energy refuelling hubs designed for van and truck fleets, combining high-speed electric charging with hydrogen, HVO and bio-CNG fuels. Backed by major institutional investment, Aegis is building a nationwide network of sustainable transport hubs offering bookable charging, driver amenities and fleet-friendly logistics solutions, supporting businesses in their transition to net-zero operations. In January, Aegis Energy secured €118 million in funding to develop clean energy hubs across the UK and drive the decarbonisation of commercial transport. Amount raised in H1 2025: €110M Enpal is a renewable energy company dedicated to making green, affordable energy accessible to homeowners. Enpal offers a complete “all-in-one” solution that includes rooftop solar panels, battery storage, an EV wall box and a smart app for monitoring, and gives customers the flexibility to either rent or buy the system, typically without upfront payments. By integrating installation, financing, maintenance and energy management under one roof, Enpal aims to reduce dependency on conventional utilities and accelerate the transition to decentralised, clean energy. In April, the company received €110 million in investment. Amount raised in H1 2025: £62M Pulpex is a sustainable packaging technology company that pioneers fibre-based bottles, replacing glass and plastic. It's patented, single-mould paper bottle is made from FSC-certified, responsibly sourced wood pulp and is designed to be widely recyclable in the paper stream. Pulpex licenses its technology and works with a global partner network to manufacture at an industrial scale, enabling brands to cut single-use plastics without sacrificing distinctive shapes or on-pack branding. Pulpex’s mission is simple: deliver sustainability at scale through renewable packaging and help shape a plastic-free future. Pulpex secured £62 million in February, which will be used to construct its first commercial-scale manufacturing facility near Glasgow. Amount raised in H1 2025: €71.2M Fastned is a charging company building a European network of ultra-fast charging stations powered by 100 per cent renewable energy. Founded in 2012, Fastned designs, builds, and operates architecturally distinctive, people-centric stations along high-traffic routes to make long-distance electric travel easy and reliable. The company’s mission is to accelerate the transition to electric mobility by delivering the most convenient, joyful charging experience in Europe. The company raised a total of €71.2 million through two separate bond issuances in February and in June. Amount raised in H1 2025: €60M GravitHy is an industrial startup focused on decarbonising the iron and steel sector. The company aims to replace traditional coal-based iron production by using renewable or low-carbon hydrogen to produce Direct Reduced Iron (DRI) and Hot Briquetted Iron (HBI). By enabling low-CO₂ iron feedstock, GravitHy helps meet rising demand for greener steel in construction, automotive, wind power and other sectors, while aligning with Europe’s industrial decarbonisation goals. In March, GravitHy secured €60 million to advance low-carbon iron production and steel decarbonisation Amount raised in H1 2025: €51.5M FAIRMAT is a deep-tech materials company that turns carbon-fibre waste into high-performance, recyclable composites. Using proprietary robotic processes, FAIRMAT transforms end-of-life CFRP into the “Fairmat Chip,” the building block for laminates, panels, and parts used across sports, energy, mobility, and electronics. The company operates an end-to-end, closed-loop ecosystem, from waste recovery to manufacturing, powered by in-house software, AI-driven layouts, and quality control. In April, Fairmat secured €51.5 million to close the loop on material recycling. Amount raised in H1 2025: €30M tado° is a German smart-home technology company that specialises in intelligent climate-control solutions for residential buildings, offering smart thermostats, radiator controls, heat-pump optimisers and associated cloud-based services. tado°’s systems use geolocation of residents, weather forecasting, and building-characteristic data to reduce energy consumption while maintaining comfort. The company reports having saved approximately 2.5 million tons of CO₂ to date. By combining hardware (thermostats) and software intelligence (app control, analytics), tado° enables homeowners to automate climate control, integrate dynamic electricity tariffs, and optimise energy use, thereby contributing to lower bills and lower emissions. In March, tado° secured €30 million to transform the way heating and cooling systems operate in buildings. Amount raised in H1 2025: €29.5M Plagazi is a cleantech company turning non-recyclable waste into circular, fuel-cell-grade hydrogen. Its patented Plagazi Process® uses high-temperature plasma gasification to convert municipal and hazardous waste, capturing CO₂ and yielding hydrogen plus recyclable by-products, offering an alternative to landfill and incineration. Plagazi develops turnkey plants, handling engineering, permitting, commercial set-up, and operations, and is scaling through flagship projects such as Gävle Circular Park, designed for carbon-negative hydrogen production. In May, Plagazi officially secured a €29.5 million grant from the EU Innovation Fund to support its flagship project, Gävle Circular Park (GCP). Amount raised in H1 2025: €28M Gradyent is a company that powers the decarbonisation of district- and industrial-heating systems through its real-time Digital Twin Platform. The technology creates a virtual replica of heating, cooling, steam and CO₂ grids by fusing geospatial, weather, sensor and physics-based data to enable operators to optimise performance, cut CO₂ emissions by up to 10 per cent, reduce operational costs and lower CapEx by up to 20 per cent. Gradyent’s mission is to enable energy-operators to optimise, decarbonise and grow their systems, delivering reliable, flexible and sustainable grid operations and contributing to the broader transition toward integrated, low-carbon energy systems. In April, Gradyent secured a €28 million funding round to accelerate platform development and global expansion. Amount raised in H1 2025: $32M BeZero Carbon is a global carbon-credit ratings agency for the voluntary carbon market. Built by a team that blends environmental science, geospatial analysis, and capital-markets expertise, BeZero’s platform combines project ratings, market data, and research to guide credible climate decisions. The company also publishes tools and insights, including portfolio ratings, a market risk report, and a policy tool, to give users structured visibility on quality, exposure, and regulatory context across project types and geographies. BeZero Carbon raised $32 million in January to expand global carbon ratings services.

Oslo-based Riff (formerly Databutton), the platform operators use to build and launch high-impact applications, has raised $16 million in Series A funding, bringing their total raised to $21 million. The round is led by Northzone, with backing from existing investors Skyfall Ventures, Maki.vc, Sondo Capital, Global Founders Capital, and new investor Illusian.  Riff focuses on practitioners at all levels within organisations, enabling them to create AI applications and agents to improve productivity and output. The company aims to solve a widespread challenge in AI app development, where the rapid growth of AI tools has not been matched by real business impact, and many initiatives still fall short of success. Riff’s platform extends beyond typical vibe coding tools by providing native data connections and integration with secure, production-grade infrastructure. Users can also draw on starter apps, templates, and guidance from Riff’s team. This approach allows users to build applications that combine complexity, real data, and security to solve practical business problems. In turn, this supports higher customer satisfaction and retention, and better project completion rates. Riff reports adoption across industries such as financial services, logistics, healthcare, manufacturing, and consumer goods. The Series A funding will be used to expand Riff’s reach, enabling the company to empower thousands more professionals to build and deploy impactful AI solutions.

London-based Rightcharge, the startup that simplifies fleet EV charging payments, has raised £1.6 million in seed funding. The round was led by Soulmates Ventures, with participation from Blackwood Ventures, UnrulyCapital and Purple Ventures. In the UK, businesses purchase more than half of all EVs, but public charging remains fragmented and reimbursing employees for home charging is often slow and error-prone. Many fleet managers still use spreadsheets and driver-submitted paperwork, which increases the risk of inaccuracies. Existing payment systems, built for conventional fuel expenses, are not set up to handle EV home charging. Consequently, some companies rely more on public charging, which can be up to ten times more expensive than charging at home. These gaps in process and infrastructure are delaying fleet electrification at a time when adoption needs to accelerate. Rightcharge removes this barrier by automating reimbursements for home charging. The platform links directly to a driver’s energy account, allowing payments to be credited to their electricity bill instead of their bank account. This approach maintains accuracy even when energy tariffs change, minimises the risk of fraud, and provides a transparent audit trail for tax compliance, all while preventing drivers from being left out of pocket. Fleet vehicles can be connected as well, with AI-driven validation and anomaly detection to reduce fraud and improve accuracy. A paired public charge card gives drivers access to over 70 per cent of UK public chargers, while all costs are consolidated into a single HMRC-compliant monthly bill. Fleets using Rightcharge can reduce charging costs by up to 90 per cent and cut carbon emissions by roughly 30 per cent, while reducing administrative work for managers and giving drivers confidence that reimbursements will be accurate and fair. The Automobile Association (AA) and other major UK fleets already use Rightcharge’s technology to manage both home and public charging. Customers in sectors such as construction, healthcare, and government are adopting the service to cut administrative work, support drivers, and accelerate their EV transition. Rightcharge will use the funding to accelerate its expansion across Europe, supported by a new partnership with Octopus Electroverse.

Estonian startup MarkeDroid has raised €300,000 in bridge funding to scale its AI-based distributed energy orchestration platform across Europe. The round includes a €175,000 syndicate investment from the Estonian Business Angels Network (EstBAN), led by Jana Budkovskaja and David Clark. To support its expansion, MarkeDroid has appointed Kätri Kübar as Chief Operating Officer. Kübar previously served as Chief Product Officer at Funderbeam and held leadership roles at Wise and Bolt. MarkeDroid is developing an AI-powered orchestration layer that connects residential, commercial, and grid-level flexibility. Its technology coordinates distributed energy resources such as solar panels, batteries, EV chargers, and heat pumps by analysing real-time electricity prices, weather forecasts, and usage data. The platform enables homes and businesses to decide when to store, use, or sell electricity, helping reduce costs and improve grid stability. “Grid operators are suddenly dealing with millions of solar panels on rooftops that weren't designed to communicate with each other,” said Toomas Teesaar, co-founder and CEO of MarkeDroid. “MarkeDroid’s stands out not just for its technology but for its momentum, demonstrating clear product-market fit,” said David Clark, lead investor at EstBAN. The company plans to expand beyond residential energy management into energy retailer orchestration in partnership with Enefit, and into microgrid flexibility projects with national transmission operators.

Italian ocean technology company WSense has raised €10 million in a pre-Series B round to accelerate the development of its subsea Wi-Fi systems and expand its Internet of Underwater Things (IoUT) platform internationally. The funding round saw new investors Indico Capital Partners and SIMEST join existing backers CDP Venture Capital SGR, Blue Ocean by SWEN, RunwayFBU, Axon Partners Group, Fincantieri, and Rypples. The new investment brings WSense’s total funding to over €25 million. Founded in 2017 and led by Chiara Petrioli, Professor of Computer Engineering at Sapienza University of Rome and CEO since 2022, WSense has developed patented underwater wireless communication technology that enables real-time, secure and cost-efficient transmission of ocean data. The company’s systems allow sensors and autonomous vehicles from multiple vendors to communicate, facilitating large-scale data collection to monitor marine ecosystems, infrastructure, and environmental conditions. “The entry of new investors such as Indico Capital Partners and SIMEST represents a strong recognition of the value of our technology and our international growth strategy,” said Chiara Petrioli, CEO of WSense. “We will accelerate the development of cutting-edge IoUT solutions for the energy transition, infrastructure security, and the protection of the oceans.” Stephan de Moraes, Managing General Partner at Indico Capital Partners, commented: “Wsense is a great example of Italy’s deep tech capabilities and the opportunities emerging in ocean-related technologies." WSense’s technology is being deployed across applications including underwater infrastructure monitoring, real-time environmental tracking, and autonomous robotic networks that support the energy transition. The company currently employs over 80 engineers and researchers, with offices in Italy, Norway, and the UK, and staff based in France and the United Arab Emirates.

Exnaton, a Swiss software company developing an AI-driven intelligence platform for utilities, has raised a Series A round to accelerate its European expansion and to deepen customer partnerships. Founded by Liliane Ableitner, Arne Meeuw, and Anselma Wörner, exnaton combines cutting-edge research from ETH Zürich, the University of St. Gallen, and TUM with deep industry expertise to empower utilities with digital tools for a cleaner, smarter grid. The firm’s technology sits at the intersection of digitalisation, helping utilities launch smart, data-driven sustainable energy solutions quickly and efficiently.  As the energy sector becomes more decentralised, intermittent, and complex, exnaton enables utilities to turn shifting customer expectations, regulatory challenges, and digitalisation into growth opportunities, all without costly IT overhauls.  exnaton’s modular white-label SaaS intelligence platform allows utilities to rapidly create and deploy sustainable energy products — including dynamic tariffs, energy sharing models, and smart EV charging — while seamlessly integrating with existing ERP systems. By leveraging AI, the platform automates complex processes across billing, energy consumption and production data analysis, to reduce operational costs, increase efficiency, and improve customer experience and engagement.   “AI is transforming the way we manage energy,” says Anselma Wörner, co-founder and COO of exnaton. “With this funding, we will accelerate our go-to-market strategy, enhance our customer-facing operations, and make our software even smarter — from fine‑grained personalised billing to intelligent management of decentralised flexibilities. Our goal is to build user‑friendly products that make investing in renewables so compelling that everyone participates and helps drive the transformation our society urgently needs.” Today, over 50 utilities spread across Europe rely on exnaton’s technology to bring flexibility, transparency, and innovation to the new energy system. This includes clients such as TotalEnergies in Belgium, eprimo and Bayernwerk (E.ON brands) in Germany, as well as Burgenland Energie in Austria — together driving the digital transformation of Europe’s energy sector. The round was co-led by 4impact Capital and Elevator Ventures, with participation from existing investors True Ventures and Übermorgen Ventures.  “exnaton’s platform is a key enabler of the digital energy transition. By combining deep research expertise with strong execution, the team has built technology that empowers utilities to innovate faster, operate more efficiently, and accelerate decarbonisation,” says Yasmin Venema, Principal at 4impact capital. According to Magdalena Chalas, Investment Manager at Elevator Ventures: “At Elevator Ventures, we recognise the role of energy communities and prosumers as a key trend shaping the future of the energy sector. We are glad to back a talented team through our investment in exnaton, that will drive innovation in flexible billing solutions for decentralised energy ecosystems." The new funding will be used to accelerate international expansion and further develop AI-driven features within its intelligence platform. 

Italy-based Sizable Energy, a developer of long-duration ocean energy storage, has raised $8 million in a round led by Playground Global, with participation from Verve Ventures and Unruly Capital. Sizable Energy is building gigawatt-scale storage using an offshore pumped-hydro approach. Founded by engineers across nuclear, mechanical, energy, and maritime disciplines, the company aims to deliver long-duration energy storage (LDES) for a more reliable and cost-effective grid. Its patented system applies proven pumped-hydro principles to a marine architecture designed for modularity and scale, storing energy by pumping saturated sea-salt brine from the seabed to a surface reservoir and leveraging ocean depth for efficiency. With the International Energy Agency estimating a need for up to 120 TWh of LDES by 2040, about ten times today’s capacity, Sizable targets and constraints are facing onshore pumped hydro (slow builds, geographic limits, environmental concerns) with an offshore solution that is modular, cost-effective, and designed for rapid deployment. Invisible from shore, the system targets a low levelized cost of storage, scales from single-digit to hundreds of GWh, and uses readily available materials that can be manufactured and installed at depths of 500+ meters using existing maritime infrastructure. The company has validated its core technology in wave-basin laboratories and open-ocean trials. Recent testing at MARIN indicated reliable operation in harsh ocean conditions, a key milestone ahead of a megawatt-scale pilot. A new sea trial off Reggio Calabria, Italy, will validate major floating components and the full assembly and deployment process, paving the way for a multi-MWh demonstration plant in the Mediterranean. The new funding will accelerate the development and deployment of Sizable Energy’s offshore pumped-hydro system to deliver economical, reliable LDES.

Fintech advice company Saturn has raised a $15 million Series A funding round led by European VC Singular, with participation from Shapers, Y Combinator, and Zeno Ventures. The advice gap is one of today’s biggest societal challenges. Fewer than 1 in 10 people in the UK  received financial advice last year, according to the Financial Conduct Authority. That leaves millions of families without the help and expertise they need to secure their futures.   The problem? Delivering advice is too expensive. Advise professionals, whether they are financial advisers, paraplanners, or administrators, spend too much time bogged down in admin and compliance tasks.  The result: it costs on average £2,000 / year to serve just one client, making financial advice a privilege for the wealthy.   Founded in 2023 by Amal Jolly, Michael Ettlinger, and Rohit Vaish, Saturn’s mission is to make human-led advice accessible to one billion people. After uncovering the scale of the issue by reading an industry report, the founding trio saw how AI could transform the economics of advice and open access for everyone.   “Behind every financial plan is a human story,” said Amal Jolly, Saturn CEO. “Advisers and their teams quietly change lives, giving families confidence and peace of mind. Our job is to empower humans in the financial advice process. By doing the heavy-admin-lifting and  making compliance much more reliable and less painful, we can help financial advice  professionals offer their life-changing services to more people at a significantly lower cost.”   Saturn’s compliance-focused AI tackles the root of the problem by automating the most time-consuming administrative and regulatory work. Tasks that once took four hours of paraplanner time now take just 20 minutes of review - including client suitability reports, meeting documentation, onboarding, and pension transfer processing.  This frees advisers and their teams to focus on what they do best: delivering expert, human-led advice at scale. By giving firms full control of their data and reducing manual processes, Saturn eliminates inefficiencies, cuts risk, and helps strengthen client relationships. Built to be Compliant by Design, Saturn adapts to each firm’s internal policies and local regulatory requirements, ensuring every process, document, and workflow aligns with the regulations e.g., FCA and Consumer Duty standards, from the start. Its AI is purpose-built for  UK financial advice compliance - not a generic CRM or automation tool - and is continually refined in collaboration with Saturn’s in-house team of compliance experts and paraplanners.  All AI-generated documentation remains subject to mandatory adviser review before distribution, ensuring firms retain full oversight and regulatory accountability while benefiting from automated efficiency.  Saturn’s technology is trusted by over 600 leading advisory firms, consolidators, national firms, and advice networks, including Progeny, Hoxton Wealth, Perspective Financial Group, and Insight Financial Associates.  Jeremy Uzan, Co-Founder and GP at Singular, commented: “We have rarely seen such an ambitious, high-velocity founding team that combines deep technical expertise with real industry insight. They have built an exceptional group around them that moves fast, executes  with focus and attracts top talent - and their early traction already reflects their ambition.”   The new funding will accelerate the development of next-generation AI and tech that enable faster, more scalable and more compliant advice delivery. Saturn will also expand its AI, engineering, research, customer delivery, and partnerships teams to strengthen industry collaboration. 

Copenhagen-based CFO-services company, Scaleup Finance, has secured £3 million to launch Nume, an AI CFO positioned to address the financial leadership gap faced by 50 million SMEs globally.  While CFOs are standard in larger businesses, nearly 50 million SMEs globally lack a proper finance function, relying heavily on manual processes, spreadsheets, and limited access to financial expertise. Scaleup Finance aims to address this gap with Nume. which acts as a CFO for small and mid-sized businesses, answering complex financial questions, preparing reports, and proactively guiding founders on the health of their business through their familiar communication channels like Email, Slack etc. I spoke to CEO and co-founder Alexander Sonne Wulff to learn all about it. Sonne Wulff has been a founder throughout his whole career. He started back in 2010 with a deep tech company developing a new type of concrete material.  Of all things, they decided to reinvent concrete, and he recalled "everyone told us we would fail because I’m not an engineer. I studied at Copenhagen Business School. But the product turned out to be both greener and cheaper." "We used to joke that if we could sell a contractor a product that emitted 5 per cent more CO₂ but saved 20 per cent in cost, they would always choose it. The incentive structure was very much like that back then — and, honestly, it still is to a degree. Anyway, the company ended up doing really well. I was there for 11 years, scaling it into the US and across Europe." “I’m building the product I always wished I’d had as a founder” When he exited in 2021, he wanted to solve one of the biggest and hardest problems he’d faced personally — financial management. He teamed up with my two co-founders to start Scaleup Finance. Sonne Wulff recounts:  “Every time I met other founders at events, the same topic came up — managing finances was a recurring pain point. For many, the CEO or founder is effectively the CFO, even though that’s not their area of expertise.  That’s the problem we set out to solve when we started Scaleup Finance in 2021." “We’re six in total — three of us entrepreneurs and the others with finance and tech backgrounds. We’d all experienced the same challenge: managing our own company finances without the right tools." Inside the financial black box  The most common financial challenges faced by startups and SMEs are cash management and visibility — questions like “When will we run out of cash?” or “How accurate is our forecast?” Sonne Wulff admits, “I’ve probably had hundreds, maybe even close to a thousand meetings with founders, and so many have said, “I have no idea how we’re performing.” "When I ask, “Do you get a monthly report to see how you did last month?” they often say no. Their process is literally logging into their bank account to check the balance." He sees this as the biggest warning sign. “A lot of founders call finance a “black box.”They know they need to handle it but have no idea what to look for. If you map out how most early-stage companies operate, you’ll usually see one person — the founder or CEO — doing everything. Then they hire an outsourced bookkeeping provider or accountant to handle two things: bookkeeping and payroll, because they legally have to. Everything else is left to the founder.” Building investor trust starts with the numbers Significantly, for startups with external funding — grants, angels, or VCs — there’s another layer of reporting and accountability. Sonne Wulff often tells founders that “finance is like your internal steering wheel — you need a good grip on it to make decisions. "But it’s also what builds trust with investors. The external reporting component is huge. Investors need confidence that you’re managing their capital responsibly. Even if you’re not actively fundraising, maintaining that transparency with your current investors lays the groundwork for your next round.” Open banking created more complexity Scaleup Finance is a combination of service and technology. According to Sonne Wulff, when the team started in 2021, they saw that there were plenty of startups focusing on bookkeeping, payroll, expense management, and payments — all important but very operational.  According to Sonne Wulff, “Nobody was tackling the strategic side: budgeting, forecasting, and decision-making.” “When I started my previous company, my financial tools were very fragmented. I had a cloud accounting system, a payroll system, but also stacks of paper invoices because some clients still wanted them sent by mail. This was only about 10 years ago!” The rise of open banking in 2015 saw an explosion of fintech — expense management tools, corporate cards, payroll platforms. Everything moved to the cloud. But according to Sonne Wulff, “what happened was that I now had all my transactional data spread across multiple cloud tools, all with APIs, and I was exporting CSV files every month to rebuild a master spreadsheet just to understand performance." "It was ridiculous. I’d spend hours every month reconciling data manually in Excel — making mistakes, updating forecasts — and every founder I spoke to said the same. Everyone had “the spreadsheet.” So we decided to focus on that top layer: the strategic financial management part. It’s harder to build than a basic accounting tool because it requires deep accuracy and context.” Scaleup Finance was inspired by Palantir’s model — embedding domain experts deeply within the product.  “We realised that to succeed, we’d need financial professionals in-house to help build the technology. So we started as a tech-enabled CFO service, offering an end-to-end solution where human CFOs are supported by automation,” shared Sonne Wulff. Nume is built on four years of Scaleup Finance’s CFO-as-a-Service experience, including 40 CFOs working with more than 500 high-growth startups across Europe. The team has condensed thousands of hours of learning and knowledge into a tool for every SME to use. It connects directly to banking and accounting systems to deliver CFO-level insights in minutes - from liquidity forecasts to board-ready reports, and proactively surfaces risks and opportunities in real time. ​​ Over the past year, Nume has been tested in private beta with a select group of companies, refining its capabilities in real-world conditions. Already, more than 2,500 companies from 80 countries have signed up for the launch.  According to Sonne Wulff, “For larger companies or those with very complex audits, you still need a person involved. But for the long tail of SMEs, Nume delivers professional-grade financial management without the cost of hiring a CFO.” How Scaleup Finance hit €1M ARR without a single euro in marketing Scaleup Finance’s biggest source of growth has always been word of mouth. In our first year, it went from zero to €1 million in ARR without doing any marketing at all. “I remember coming back from summer vacation just a few months after we launched,” recounts Sonne Wulff. “We had automated the monthly reporting process, producing beautiful reports that clients could export as PDFs. These reports said “Powered by Scaleup Finance” at the bottom and looked like something out of a Fortune 500 board deck.” Clients started sharing them with their boards and investors — and then those investors started calling, saying, “I just received this report from one of my portfolio companies. It’s the best monthly report I’ve ever seen. Tell me more about what you’re doing.” That created a powerful organic flywheel for growth. Helping founders sleep better at night According to Sonne Wulff, “What we hear most is: “I finally feel on top of my finances.” “It sounds simple, but for many founders it’s transformative. Finance goes from being a source of anxiety to something under control. A lot of our clients talk about finally sleeping better at night because the “black box” has been opened. Even personally, when I was a founder, I took a master’s in finance and accounting — not because I loved it, but because I thought it would help me make better strategic decisions. Even then, I was never 100 per cent sure I was doing things correctly. That constant uncertainty is stressful. So when our clients tell us they finally feel confident about their numbers, it’s exactly why we started the company.” Global accessibility for SMEs and startups Nume brings the cost of professional financial management down tenfold, making it accessible to thousands of smaller companies. And it’s global from day one with a logical UX: onboarding takes about five minutes. You connect your bank and accounting systems, answer a few simple questions, and Nume immediately starts working. "The first thing it says is something like, “Hi, I’m your AI CFO. I’ve analysed your data and created a tailored financial plan and a list of tasks I’ll handle for you.” Then users can choose to communicate via Slack or email," shared Sonne Wulff. Nume proactively monitors finances, sends monthly reports, flags issues like growing receivables, and keeps everything running smoothly. “We’ve spent more than a year building what I call the most sophisticated financial brain for SMEs. The hardest challenge was accuracy — large language models are great with text, but when it comes to numbers, they tend to hallucinate,” shared Sonne Wulff. “We solved that by creating a multi-agent setup: splitting complex tasks across specialised AI agents, each with the right tools and validation processes. That’s how we achieved 100 per cent accuracy. Most AI adoption so far has been in text-based use cases — sales, customer support, legal — but not in numerical, data-driven work like finance. Our architecture finally makes that possible.” For Sonne Wulff, Nume's proactiveness stands out. "Most tools wait for users to ask questions, but most founders don’t even know what to ask. Nume behaves like a real CFO,” shared Sonne Wulff.  After onboarding, Nume immediately creates a plan and starts sending tailored updates — “Here’s your monthly report,” or “Hey, your receivables are climbing.” It’s an active financial partner, not just a reactive tool. Sonne Wulff asserts, “We’ve basically tried to mimic an entire CFO job description — and automate it. That proactivity is the key difference between a chatbot and an actual AI CFO.” The round was led by a syndicate of European investors, including Mainset (UK), Circlerock (Ireland), North Ventures (Denmark), Crowberry (Iceland), Inveready (Spain), and SeedX (Liechtenstein), alongside angels such as former Google UK Managing Director Dan Cobley. With the funding, Scaleup Finance is now bringing Nume to the global market making CFO-level support accessible to millions of SMEs for the first time. “SMEs are the backbone of the global economy, yet most still lack access to the financial leadership they need. With Nume, Scaleup Finance is opening up CFO-level capabilities to millions of businesses worldwide. With a proven founding team, we believe Nume can set a new standard for how SMEs worldwide run their businesses,” says Mikkel Rørvig, Partner at North Ventures.

Pharmaceutical company Ipsen has acquired ImCheck Therapeutics, a private French biotechnology company pioneering next-generation immuno-oncology therapies.  ImCheck was founded in 2015 based on the research of Professor Daniel Olive, Director of the Immunity and Cancer Laboratory at the Marseille Cancer Research Centre (CRCM).  The company has previously raised over €193 milion in funding. The anticipated acquisition is focused on the lead Phase I/II program ICT01 in first-line acute myeloid leukaemia (AML), for patients who are ineligible for intensive chemotherapy. ICT01 is a first-in-class monoclonal antibody targeting BTN3A, a key immune-regulatory molecule broadly expressed across cancer, and received Orphan Drug Designations from the US Food and Drug Administration and European Medicines Agency in July 2025. Many AML patients are unable to tolerate intensive chemotherapy and must rely on lower-intensity options, which often deliver limited and short-lived benefit.2 This high-risk, unfit population continues to face a significant unmet medical need, highlighting the urgency for new therapies that can improve survival and quality of life. “At completion, the acquisition of ImCheck Therapeutics presents an opportunity for us to expand our pipeline in oncology and reinforces our commitment to deliver transformative therapies to the people who need them most,” said David Loew, CEO, Ipsen.  “We feel confident that with the ICT01 promising data combined with Ipsen’s global development and commercialisation expertise, we are well positioned to start a Phase IIb/III trial in 2026.”   “We are thrilled to become part of Ipsen, a company whose ambition for transformative care matches our commitment to bringing innovative treatments to patients. This transaction recognises groundbreaking science originating from French academia,” said Pierre d’Epenoux, CEO, ImCheck Therapeutics. “It also highlights the exceptional work the ImCheck team and our partners have achieved to advance the understanding of butyrophilns and gamma delta T cells. Joining Ipsen will help us accelerate ICT01 toward registrational studies and commercialisation. I remain grateful to the patients and investors for their contributions to furthering ImCheck’s pioneering science.” Under the terms of the agreement, through a wholly owned affiliate of Ipsen SAS, shareholders of ImCheck Therapeutics will receive a €350 million payment on a cash-free and debt-free basis at closing of the transaction, and deferred payments contingent upon the achievement of specified regulatory approvals and sales-based milestones, for a total potential consideration up to €1 billion. The transaction is expected to close by the end of Q1 2026, subject to the fulfilment of customary closing conditions, including the expiration or termination of any required regulatory and governmental approvals under French and US regulations.

The CEO of UK fintech industry trade body Innovate Finance has called on the UK fintech sector to be “properly supported” in the next budget, highlighting data showing UK fintech had dropped down the investment rankings. Janine Hirt, CEO of Innovate Finance, whose members include Revolut and Monzo, said: “Fintech is still a tremendous force for good, it is a story of growth, it is a story of inclusion and it is a story of democracy.“We need government and we need regulators to get behind us as well and support this sector. It is imperative that we see fintech properly supported in the budget. “This is how we are going to drive growth, it is how we are going to cement our leadership in financial services.”Hirt, speaking at an Innovate Finance conference, pointed to statistics such as fintech lenders providing more than 60 per cent of SME lending and fintechs “driving job creation” as indicators of its health.But Hirt also pointed to Innovate Finance figures showing the UK had been relegated from second to third place in the global fintech investment landscape, replaced by the UAE, in the first half of 2025.She added: “We have to grasp the opportunity that lies before us, because other countries around the world, they see that opportunity too and they are moving forward and they are moving forward at pace.”Innovate Finance is calling for several reforms in the Autumn budget to help incentivise fintech founders to build in the UK. She said: “We need to make sure the UK remains the place for entrepreneurs and founders to choose to build their business here both for the long term and the short term.”She called for a “rethink” of the tax environment, to better incentivise founders, and corporation tax holidays for companies that list in the UK, to reinvigorate the IPO market.She added: “In addition, we need to make sure that our highest growth companies are actually able to access the growth capital that they need.”Innovate Finance is backing the Mansion House Accord, which could see billions of pounds of pension funds invested in UK assets.Innovate Finance has also expressed concern about how the existing regulatory regime constrains the growth of challenger banks. IMAGE:PIXABAY

Vienna-founded refurbed, a marketplace for refurbished electronics, home, and sports goods, has secured £44 million in its latest funding round. The round was led by Alex Zubillaga (an investor in Spotify, Fever, and Wallapop) alongside Orilla, the Riberas family’s investment platform known for backing Vinted, Playtomic, and Cabify, with strong follow-on participation from existing shareholders Evli Growth Partners, Bonsai, Almaz, C4 Ventures, and Speedinvest. refurbed is an online marketplace for professionally refurbished products. Founded in 2017 by Peter Windischhofer, Kilian Kaminski, and Jürgen Riedl, its mission is to make consumption more sustainable by extending the life cycle of existing products, encouraging customers to “Rethink New.” To date, refurbed has processed 9 million devices and served 4 million customers across 12 European markets. A market leader in Germany and Austria, the company reports environmental outcomes of 350,000 tons of CO₂ avoided, 1,136 tons of electronic waste averted, and 116 billion litres of water saved. As it enters its next phase of growth, refurbed is focusing on the UK, one of Europe’s largest and more digitally mature markets, as a key step in its European expansion. In the UK, demand for sustainable technology is rising amid a limited supply of reliable, high-quality refurbished options. The re-commerce sector contributes over £7 billion annually. Yet, more than 100 million phones remain unused in drawers, with an estimated 33 million suitable for refurbishment, an opportunity that refurbed aims to address by returning more devices to the circular economy. With the UK advancing Net Zero objectives, Right to Repair measures, and e-waste reduction targets, refurbed plans to align with these priorities and support consumers in making more sustainable purchasing decisions as it prepares to enter the market.