Callosum to be first UK Sovereign AI investment + Sequoia $7B for growth
AI
💰 29 new AI deals profiled below by category.
Sovereign AI new UK government fund has announced that Callosum will be its first investment:
Callosum $9.375M
Summary
Callosum is to be the first investment from the UK’s £500M Sovereign AI Fund, aimed at developing systems-level software for AI models across diverse chip architectures. It announced £7.5M raise in Feb including Plural and ARIA.
What it does
Callosum is building a platform that enables AI models to operate seamlessly across different chip architectures, addressing the risk of AI monoculture that arises from reliance on a limited number of chip providers. This systems-level software facilitates interoperability among AI models, enhancing flexibility and performance in AI deployments.
Traction
Callosum was founded by University of Cambridge scientists Danyal Akarca and Jascha Achterberg, with a strong academic and technical foundation.
Trend impact
Callosum is positioning itself against established chip manufacturers like NVIDIA, which dominate the AI hardware landscape. By enabling a multi-architecture approach, Callosum is betting on a future where AI development is not constrained by a single vendor's ecosystem, potentially democratizing access to AI capabilities and fostering innovation across various sectors.
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2800 AI companies now in market map -
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29
AI deals this edition
AI Hosting Infrastructure
Upscale AI
🇺🇸
$200M
Upscale AI, an AI
networking startup based
in Santa Clara, is seeking
to raise between $180
million and $200 million
at a valuation of about $2
billion. This would be its
third fundraising effort
since launching seven
months ago,
following...
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Investors: Tiger Global
Management
Callosum
🇬🇧
$9.375M
The UK government has
confirmed that the first
investment from its £500m
sovereign AI fund will go
to infrastructure startup
Callosum, which aims to
tackle potential AI
monoculture by developing
systems-level software for
AI models across different
chip architectures.
Callosum...
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AI Research
Flare
🇩🇰
$3.888M
Flare, a Copenhagen-based
startup, has raised €3.6
million in pre-seed
funding to develop trust
infrastructure for
knowledge validation in
the AI era. The funding
round was led by 20VC,
with participation from
ByFounders, 20Growth, and
various angel investors.
Flare aims...
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Investors: 20VC,
ByFounders, 20Growth
Agent Orchestration
Lua
🌍
$5.292M
Lua, a UK-based platform
for human agent
collaboration, has raised
€4.9 million ($5.8
million) in funding led by
Norrsken22, with
participation from several
investors including
Flourish Ventures and Y
Combinator. Founded in
2024, Lua aims to simplify
the creation and...
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Investors: Norrsken22,
Flourish Ventures, Y
Combinator
Customer Support
Solidroad
🇺🇸
$25M
Solidroad, an AI platform
that enhances customer
conversations, has raised
$25 million in a Series A
funding round led by
Hedosophia. The platform
analyzes all customer
interactions to improve
quality assurance and
customer satisfaction
while reducing manual
review work. Since...
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Investors: Hedosophia
Evaluation &
Observability
$15M
InsightFinder AI, a
startup founded by CEO
Helen Gu, has raised $15
million in a Series B
funding round led by Yu
Galaxy. The company
addresses the challenge of
AI model reliability by
using machine learning to
monitor and fix...
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Investors: Yu Galaxy
Financial Services &
Wealth Management
$100M
Business banking startup
Slash Financial Inc. has
raised $100 million in
funding at a $1.4 billion
valuation. Founded in
2020, the company aims to
enhance its AI-driven back
office solutions for small
and midsized businesses,
addressing the needs of
modern...
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Wealth.com
🇺🇸
$65M
Wealth.com has raised $65
million in an
oversubscribed Series B
round to enhance its
AI-powered estate and tax
planning platform for
wealth management firms.
The funding was led by new
investors including
Titanium Ventures and
Pruven Capital, alongside
returning backers...
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Investors: Titanium
Ventures,Pruven
Capital,Charles
Schwab,Citi Ventures
Spektr
🇩🇰
$20M
Spektr, a Copenhagen-based
startup, raised $20
million in a Series A
funding round led by NEA,
with support from
Northzone, Seedcamp, and
PSV Tech, bringing total
funding to $26 million.
Founded in 2023, Spektr
automates manual
compliance tasks for
KYC...
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Investors: NEA, Northzone,
Seedcamp, PSV Tech
Caruso
🇺🇸
$6.5M
Caruso has raised $6.5
million in a Series A
funding round at a $55
million valuation to
enhance its AI-native
platform for private
market fund
administration. The round
was led by Icehouse
Ventures and GD1, with
participation from
existing investor...
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Investors: Icehouse
Ventures, GD1, Balmain
Audrey AI
🇮🇪
$1.8M
Dublin-based start-up
Audrey AI has secured $1.8
million in a pre-seed
funding round led by Sure
Valley Ventures and Delta
Partners, with
participation from
Enterprise Ireland and
notable individuals from
the finance sector.
Founded in 2025, Audrey AI
develops AI...
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Investors: Sure Valley
Ventures, Delta Partners,
Enterprise Ireland
Undisclosed
Juniper Square:
Acquisition Of Sightglass
To Expand AI Capabilities
For Private Markets
Investor Relations
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General Enterprise
Workflows
Undisclosed
Business Core Solutions:
Techie2Pillar Acquisition
To Scale Enterprise AI
Execution
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HR
Worki
🌍
$2.75M
worki, a healthcare
workforce infrastructure
company, has raised $2.75
million in pre-seed
funding to develop its
AI-driven platform aimed
at modernizing workforce
and HR operations in
health systems. The
funding round was led by
Redesign Health and
Healthliant Ventures,
indicating...
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Investors: Redesign
Health, Healthliant
Ventures
Health
Biolamina
🇸🇪
$21.6M
Biolamina, a
Stockholm-based biotech
company, has secured a €20
million financing
commitment from the
European Investment Bank
(EIB) to enhance the
development of cell
therapies for chronic
diseases. This venture
debt will support the
scaling of their
laminin-based cell
culture...
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$17M
Joyful Health has raised
$17 million in Series A
funding, increasing its
total funding to $22
million. The company aims
to scale its AI-powered
platform that helps
healthcare providers
recover unpaid insurance
claims. The funding round
was led by CRV,...
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Investors: CRV, XYZ
Venture Capital, Designer
Fund, Inflect Capital, Go
Global Ventures
Qalzy
🇬🇧
$0.241M
Qalzy, a London-based
startup, has raised a
pre-seed funding round led
by Jenson Ventures,
following nearly €204k
($241k) from Kickstarter
pre-orders. Founded by
former Microsoft engineers
in 2023, Qalzy is
developing an AI-powered
nutrition scale that
accurately tracks dietary
intake...
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Investors: Jenson Ventures
New Venture Capital Funds
$7B
Sequoia Capital has raised
approximately $7 billion
for a new expansion fund
aimed at mature companies
in the US and Europe,
nearly doubling its
previous fund of $3.4
billion in 2022. This
marks Sequoia's first
major fundraising since
leadership changes...
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Investors: Sequoia Capital
Undisclosed
Seraphim Space has
established a global space
futures advisory council
to tackle strategic,
commercial, and
geopolitical challenges in
the space sector. The
council includes notable
members like Anousheh
Ansari and Masayasu
Ishida, aiming to enhance
policy thinking and
cross-border
collaboration....
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Other AI Category
Sennos
🇸🇪
$20M
Sennos, a company
specializing in AI-driven
sensing and automation for
fermentation and fluidics,
has raised $20 million in
a funding round,
increasing its total
funding to over $50
million. The investment
was led by Tomenterprise,
a Stockholm-based firm
founded by...
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Investors: Tomenterprise,
Jan Ståhlberg
Eigen
🇩🇪
$15M
Eigen, a stealth AI
startup founded by
22-year-old Paul Scherer,
has raised a $15 million
seed round from Benchmark
Capital, with Pinterest
founder Ben Silbermann and
Dreamer founder David
Singleton as angel
investors. The company
aims to address social
isolation...
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Investors: Benchmark
Capital, Ben Silbermann,
David Singleton
All Things
🇬🇧
$4.428M
UK-based dairy brand All
Things has raised €4.1
million (£3.6 million) in
funding led by The Equity
Studio, with participation
from Access Industries and
Active Partners. Founded
by Toby Hopkinson and chef
Thomas Straker, the brand
has quickly gained
traction...
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Investors: The Equity
Studio, Access Industries,
Active Partners
Real Estate
Openmoove
🇬🇧
$0.875M
Cardiff-based proptech
startup Openmoove has
raised £700,000 in equity
funding to scale its
platform and expand across
the UK property sector.
The funding round was led
by the Development Bank of
Wales, with participation
from Haatch and Welsh
angel investors....
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Investors: Development
Bank of Wales, Haatch,
Welsh angel investors
Recruitment
Urfuture
🇬🇧
$2.125M
Manchester-based HR
startup urfuture has
raised £1.7 million in
seed investment to replace
CVs and job boards with
tech solutions for the AI
era. Led by River Capital,
with participation from
several angel investors,
the platform aims to
address rising...
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Investors: River Capital
Sales and Marketing
Getwhys
🌍
$5.2M
getwhys, an AI-powered
platform for B2B
go-to-market teams, has
raised $5.2 million in an
oversubscribed funding
round led by Epic
Ventures, with
participation from Ceas
Investments, Portland Seed
Fund, and others. This
funding increases the
company's total to $8.5
million,...
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Investors: Epic Ventures,
Ceas Investments, Portland
Seed Fund
Outcraft AI
🇺🇸
$2.16M
Outcraft AI, an agentic AI
platform focused on
autonomous revenue
execution, has raised €2
million in pre-seed
funding from Practica
Capital, with early
support from venture
builder Lost Astronaut.
The company addresses
missed revenue
opportunities due to
inconsistent customer
engagement...
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Investors: Practica
Capital, Lost Astronaut
Software Development
Factory
🇺🇸
$150M
Factory, a startup focused
on AI coding for
enterprises, has raised
$150 million at a $1.5
billion valuation. The
funding round was led by
Khosla Ventures, with
participation from Sequoia
Capital, Insight Partners,
and Blackstone. Factory's
unique capability to
switch...
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Investors: Khosla
Ventures, Sequoia Capital,
Insight Partners,
Blackstone
Expo
🌍
$45M
Expo, an open-source
platform for building
cross-platform mobile
applications, has raised
$45 million in a Series B
funding round to enhance
its mission of simplifying
the development of
production-ready apps. The
financing was led by
Georgian, with
participation from
Leadout...
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Investors:
Georgian,Leadout
Capital,A.Capital
Ventures,Red Swan Ventures
Supply Chain
Coupang
🇰🇷
$84M
Coupang has invested over
$84 million in U.S. and
global AI technology
startups since 2023,
aiming to enhance
logistics and commerce
through advanced
technologies. This funding
is part of Coupang's
strategy to reshape global
commerce.
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