Continuum Industries, a five-year-old Edinburgh startup that uses AI to enable utilities to plan the routing of power lines, onshore and offshore cables, and pipelines for hydrogen, water, and CO2, raised a $10 million Series A round led by Singular, with additional participation from previous investors Credo, Playfair, and Techstart Ventures. The company has raised a total of $15.5 million. EU-Startups has more here.
Peregrine Hydrogen, a startup based in Santa Cruz, Ca., that is focused on creating climate-friendly hydrogen that is cost-competitive with dirtier fuel made from methane, spun out of Orca Sciences and raised a $7.8 million seed round led by Bidra, with additional funds provided by Gates Frontier, Builders, Presidio Ventures, RiSC Capital, and Schox. GeekWire has more here.
Correcto, a two-year-old Madrid startup that is building a "Grammarly for Spanish," raised a $7 million seed round. Investors included Octopus Ventures, Carya Venture Partners, and River Park Ventures. The company has raised a total of $8 million. TechCrunch has more here.
Mintago, a four-year-old UK startup that allows companies to provide their employees with pension help, financial advice, and savings options, raised a $4.75 million round led by BlackLion Ventures, with Love Ventures and Cur8 Capital also joining in. The company has raised a total of $5.2 million. Tech.eu has more here.
Gizmo, a two-year-old London startup that uses generative AI to devise gamified quizzes to engage learners, raised a $3.5 million seed round from NFX, Ada Ventures, and Capital T. TechCrunch has more here.
TeachMe.To, a two-year-old startup that operates a sports coaching platform for beginner athletes in sports like pickleball, tennis, golf, surfing, and boxing, raised a $2 million seed round led by 1984 Ventures, with participation from Common Metal and Alumni Ventures as well as angel investors such as OpenAI CEO Sam Altman. TechCrunch has more here.
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