💳🚀 UK #fintech TrueLayer is expanding beyond payments with the acquisition of Dutch consumer credit fintech In3, marking a major step toward building a European alternative to traditional card networks. Backed by Stripe and Tiger Global, TrueLayer leverages open banking technology to power account-to-account (A2A) payments, enabling consumers to pay directly from their bank accounts without relying on card intermediaries. With the acquisition of In3, TrueLayer can now offer both debit and credit payment options at checkout, becoming the first pay-by-bank network in Europe to combine the two. Key highlights: ✅ Acquisition of consumer credit specialist In3 ✅ Expansion into Buy Now, Pay Later (BNPL) and other credit products ✅ Operations across 22 countries ✅ More than $150B in annualized payment volume processed ✅ Merchant partners include Amazon, Just Eat Takeaway, and Coinbase While card payments still dominate the market, pay-by-bank adoption continues to grow across Europe, driven by demand for lower costs, transparency, and fraud reduction. The move also comes amid increasing discussions around Europe's reliance on U.S.-based payment infrastructure and technology providers. As open banking matures, companies like TrueLayer are positioning themselves to reshape the future of payments by combining real-time bank payments with modern credit solutions. Millie Richardson Stefano De Lollis Alice Bedwell Angela Jackson Roberto Villani Junki Yoshifusa Francesco Simoneschi Antonio Tomarchio Lisa Scott Max von Bahr Emilson Dan Cohen Elizabeth Glover #TrueLayer #OpenBanking #FinTech #Payments #PayByBank #BNPL #BuyNowPayLater #EmbeddedFinance #DigitalPayments #EuropeanFintech #Acquisition #FinancialInnovation #FintechNews #BankingTechnology #FutureOfFinance
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AI Tech Supports is your trusted source for the latest in AI news, technology business trends, startup success stories, and cutting-edge tools. We help entrepreneurs, professionals, and tech enthusiasts navigate the fast-paced world of artificial intelligence with hands-on reviews, expert insights, and curated tool recommendations. Follow us for: Real-time AI industry news Honest reviews of emerging AI tools Insider startup stories and founder interviews Tech business strategies for the AI era Looking to grow your business with AI or stay ahead of the latest digital trends? Connect with us! For collaborations, sponsored features, or inquiries about digital consulting, reach out via direct message.
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💼🚀 Corgi, a San Francisco-based insurance #technology company, has raised $161M in Series B1 funding at a $2.6B valuation. The round was led by TCV, with participation from Prime Capital, @Zone 2 Ventures, Oliver Jung, Leblon Capital, Kindred Ventures, @Quadri Ventures , First Order Fund, Vocal Ventures, Nordstar, GSBackers, Repeat Ventures, 8188 Capital , and other strategic investors. The funding follows Corgi's Series B announcement earlier this year and will support the continued expansion of its platform and entry into new commercial insurance categories. Led by Founder and CEO Nico Laqua, Corgi is reimagining insurance and financial infrastructure through a full-stack platform that combines: ✅ Underwriting ✅ Claims management ✅ Embedded insurance solutions ✅ Operational automation ✅ Flexible commercial coverage offerings By modernizing core insurance processes, Corgi aims to make commercial insurance more efficient, accessible, and adaptable for businesses of all sizes. The latest raise highlights growing investor confidence in the digital transformation of the insurance sector, where technology-driven platforms are reshaping how coverage is delivered, managed, and embedded into business workflows. #Corgi #InsurTech #InsuranceTechnology #SeriesB #FundingNews #FinTech #EmbeddedInsurance #DigitalTransformation #CommercialInsurance #StartupFunding #VentureCapital #Innovation #FinancialServices #TechStartups #FutureOfInsurance
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💰🤖 Fonoa, a Dublin-based provider of an #AI-powered tax operating system, has raised $110M in Series C funding and announced the acquisition of Indirect Tax Edge from PwC. The funding round was led by Headline, with participation from Eurazeo, Forestay Capital, Index Ventures, OMERS Ventures, @Coatue , and Dawn Capital. With the new capital and strategic acquisition, Fonoa is expanding its platform to cover the entire indirect tax lifecycle, helping global businesses automate and simplify tax compliance at scale. Led by CEO Davor Tremac, Fonoa's tax operating system provides: ✅ Tax ID validation ✅ Real-time tax determination ✅ E-invoicing ✅ Tax returns and reporting ✅ Unified audit trails and data integration 📊 Platform scale: • Supports tax determination across 190+ jurisdictions • Validates tax IDs in 100+ countries • Powers e-invoicing for millions of sellers • Processes more than 1 billion transactions annually Trusted by global companies including Canva, Uber, Netflix, Nebius, and Booking.com, Fonoa helps businesses navigate increasingly complex real-time tax requirements across international markets. The acquisition of Edge strengthens Fonoa's vision of delivering an AI-empowered, fully integrated tax operating system that automates compliance, reporting, and indirect tax management worldwide. #Fonoa #SeriesC #FundingNews #TaxTech #FinTech #ArtificialIntelligence #EnterpriseAI #TaxAutomation #Compliance #DigitalTransformation #EInvoicing #GlobalBusiness #SaaS #StartupFunding #Innovation
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🎥🤖 Reactor, a San Francisco-based company building a developer platform for real-time generative video, has raised $59M in funding. The round was led by Lightspeed Venture Partners-us, with participation from Unify AI (Acquired WndrCo, PointWild) , Amplify Partners, Sky9 Capital, FPV Ventures, and other investors. Co-founded by CEO Alberto T. and CTO Bryce Schmidtchen, Reactor is enabling developers to create real-time interactive AI applications with just a few lines of code—eliminating much of the complexity associated with deploying and managing generative video infrastructure. The platform is designed to power the next generation of: ✅ Real-time generative video experiences ✅ Interactive AI applications ✅ Media and entertainment workflows ✅ Film and television production tools ✅ Physical AI and robotics applications Reactor is already collaborating with partners across media, entertainment, and robotics, with growing demand from film studios, television companies, and physical AI innovators. The new funding will help accelerate product development, scale operations, and expand the platform's capabilities as demand for real-time AI-generated content continues to rise. As generative AI moves beyond text and images into interactive video experiences, companies like Reactor are building the infrastructure that will power the future of digital media and intelligent systems. #Reactor #GenerativeAI #VideoAI #ArtificialIntelligence #RealTimeAI #DeveloperTools #AIInfrastructure #MediaTech #EntertainmentTech #Robotics #PhysicalAI #StartupFunding #TechInnovation #FutureOfAI #VentureCapital
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🔐🚀 MokN, a London-based cybersecurity company focused on combating credential theft and identity compromise, has raised $15M in Series A funding. The round was led by GV (Google Ventures), with participation from @Datadog , Moonfire, OVNI Capital, and angel investors. Led by CEO and Co-Founder Gautier Bugeon, MokN is redefining cybersecurity with its Active Identity Recovery platform, helping organizations proactively recover compromised credentials before they can be exploited by attackers or exposed on the dark web. Its innovative “Phish-Back” approach turns the tables on cybercriminals by: ✅ Deploying ultra-realistic decoy login portals ✅ Capturing stolen credentials when attackers attempt to use them ✅ Enabling security teams to identify and neutralize threats proactively ✅ Reducing the impact of credential-based attacks 📊 Company highlights: • Protecting more than 1 million users worldwide • Trusted by Fortune Global 500 companies • Serving organizations across finance, retail, and healthcare sectors The new funding will support: 🔹 Expansion of sales, marketing, engineering, and customer success teams 🔹 Scaling of the Phish-Back solution in the UK 🔹 Development of a broader identity protection platform 🔹 Continued international growth, including new U.S. offices As credential theft remains one of the most common attack vectors, companies like MokN are pioneering proactive cybersecurity strategies that move beyond detection and toward active defense. Antoine Coudoux, CISSP Alexis Georges CTO Adrien C. Lead Developer CMO#MokN #Cybersecurity #IdentitySecurity #CredentialTheft #SeriesA #FundingNews #GoogleVentures #GV #Datadog #PhishingProtection #CyberDefense #EnterpriseSecurity #InformationSecurity #TechStartups #CyberInnovation
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🔋⚡ Goshe Energy Storage, a Boulder-based developer, owner, and operator of utility-scale battery energy storage systems (BESS), has secured a strategic HoldCo debt facility of up to $40M from S2G Investments. The financing will support the acquisition and construction of late-stage energy storage projects, further strengthening grid reliability and accelerating the transition to a more resilient energy infrastructure. Led by CEO Bailey McCallum, Goshe Energy Storage focuses on developing and operating utility-scale battery storage assets that help integrate diverse energy generation sources into the power grid. Key areas of focus: ✅ Acquisition of late-stage development projects ✅ Project financing and execution ✅ Construction and commercial operations management ✅ Enhanced grid resiliency and reliability ✅ Support for renewable energy integration As demand for energy storage continues to grow, battery storage systems are becoming a critical component of modern power infrastructure, helping balance supply and demand while supporting the expansion of renewable energy resources. This investment highlights the increasing importance of energy storage in building a more flexible, reliable, and sustainable grid. Megan Spitzer Kesley Price Kyle Vesevick Katherine Worden Tyler Bohan #GosheEnergyStorage #EnergyStorage #BatteryStorage #BESS #CleanEnergy #RenewableEnergy #EnergyTransition #ClimateTech #Infrastructure #GridModernization #Sustainability #EnergyInnovation #InvestmentNews #PowerGrid #CleanTech
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🚔🤖 Pax, a São Paulo-based #AI-native public safety company, has raised $40M in seed funding in a round co-led by Greenoaks and Benchmark. Led by Founder and CEO @David Peixoto , PAX is building real-time intelligence platforms that help law enforcement agencies transform fragmented data into actionable insights. The platform connects surveillance cameras, police records, and criminal databases into a unified intelligence system designed to accelerate investigations and improve public safety outcomes. 📊 Impact to date: ✅ Operating across more than 30 cities in Brazil ✅ Supporting state and municipal governments ✅ Helping resolve over 2,000 criminal cases ✅ Contributing to investigations involving homicides, armed robberies, and vehicle thefts By leveraging AI and data integration, Pax enables law enforcement agencies to identify patterns, connect evidence, and solve cases more efficiently. The company has assembled a world-class team of engineers from Stanford, Harvard, MIT, ITA, and USP, bringing together global technology expertise to tackle public safety challenges at scale. The funding will help accelerate Pax's mission of modernizing public safety infrastructure and expanding the reach of its AI-powered intelligence platform. #Pax #ArtificialIntelligence #PublicSafety #GovTech #AIInnovation #DataIntelligence #LawEnforcement #SmartCities #StartupFunding #SeedFunding #DigitalTransformation #Technology #CivicTech #Innovation #FutureOfPublicSafety
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⚖️🤖 Crimson, a London-based developer of an AI-native case intelligence platform for litigation and arbitration, has raised $2.5M in seed funding. The round attracted support from Y Combinator, Symphony Ventures, Twenty Two Ventures, Amino Capital, Eight Capital, Scale Asia Ventures, Progressive Ventures, and leading legal industry partners and arbitrators. Led by Co-Founder and CEO Mark Feldner, @Crimson is transforming how legal teams manage complex disputes by using AI to analyze and organize millions of pages of evidence. The platform integrates with existing systems such as iManage and NetDocuments, helping legal professionals streamline case preparation and litigation workflows. Key capabilities include: ✅ Automated chronology mapping ✅ Procedural deadline tracking ✅ Extraction of key factual propositions ✅ AI-generated draft briefs with traceable source citations ✅ Support for complex cross-border litigation and arbitration 📈 Strong traction: • Over 30% month-over-month revenue growth throughout 2026 • Adopted by Am Law 10 and Magic Circle firms • Supporting commercial disputes valued at more than $40 billion • Selected for A&O Shearman’s Fuse innovation incubator The new funding will accelerate product development, expand Crimson's global enterprise law firm presence, and support the launch of its new commercial headquarters in New York. As AI continues to reshape professional services, platforms like Crimson are helping legal teams work faster, manage complexity more effectively, and unlock deeper insights from vast amounts of case data. David Strömbäck Rhick B. Javier Pascual Mesa Ashley H. Ben Wallman #CrimsonAI #LegalTech #ArtificialIntelligence #Litigation #Arbitration #CaseIntelligence #LawTech #GenerativeAI #LegalInnovation #StartupFunding #SeedFunding #YCombinator #EnterpriseAI #DigitalTransformation #FutureOfLaw
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🏠🔧 Apex, a leading residential home services platform, has received a minority investment from Apollo Funds and Alpine Investors. While the financial terms were not disclosed, the investment will support Apex's next phase of growth as it expands its national footprint, strengthens its multi-trade service offerings, and continues investing in technology and talent. Founded in 2019 by AJ Brown and Will Matson, Apex Service Partners specializes in residential home services, with a focus on: ✅ HVAC (Heating, Ventilation, and Air Conditioning) ✅ Plumbing ✅ Electrical Services 📊 By the numbers: • 75 local brands operating nationwide • Presence across 46 U.S. states • More than 13,000 employees • Over 16 million homes served The investment underscores growing confidence in technology-enabled home services platforms that combine local expertise with scalable operational infrastructure. As demand for essential home services continues to rise, Apex is well-positioned to drive innovation, operational excellence, and customer experience across the industry. #Apex #HomeServices #HVAC #Plumbing #ElectricalServices #InvestmentNews #PrivateEquity #ApolloFunds #AlpineInvestors #BusinessGrowth #Technology #DigitalTransformation #ServiceIndustry #Infrastructure #Leadership
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🚀🌌 Stellar Alpina AG, a Zurich-based space #technology startup, has raised CHF 3.5M in Pre-Seed funding to advance the development of next-generation rocket propulsion systems. The round was led by Founderful, with participation from LP&E. Founded in 2026, Stellar Alpina is developing compact rotating detonation rocket engines (RDREs) and in-space vehicle architectures designed for orbital mobility, high-energy transfers, and future deep-space infrastructure. The company has already achieved a major technical milestone: ✅ Built and commissioned its test infrastructure ✅ Completed a full test campaign for Engine 0 just 82 days after incorporation ✅ Conducted eight detonative hotfire tests ✅ Demonstrated up to five stable detonation waves These achievements represent the first known commercial RDRE hotfire milestones in Europe, highlighting the potential of rotating detonation technology to improve propulsion efficiency and performance for future space missions. The new funding will support continued R&D, operational expansion, and the advancement of its next-generation propulsion systems. As global investment in space technology accelerates, startups like Stellar Alpina are pushing the boundaries of propulsion innovation and helping shape the future of space exploration. Victor Elliesen Matias Betschen Simi Wespi Patrick Egli Rick Röthlisberger #StellarAlpina #SpaceTech #RocketScience #Aerospace #SpaceInnovation #RocketEngines #DeepSpace #OrbitalMobility #StartupFunding #PreSeed #Engineering #SpaceExploration #FutureOfSpace #TechStartups #Innovation
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