Welcome to the February edition of our Startup News Digest, where we bring you the most exciting developments from the startup world in the United Kingdom, Philippines, ANZ (Australia and New Zealand), and globally. From groundbreaking funding rounds to innovative product launches, this month has been packed with activity. Let’s dive into the highlights!
UK Startup News
- FLIT Raises £1.2M for Folding Electric Bikes
Cambridge-based FLIT secured £1.2 million to expand its range of folding electric bikes for urban commuters (Startup Rise). - Renew Risk Secures £5M for Renewable Energy Analytics
London’s Renew Risk raised £5 million to enhance its risk modeling solutions for renewable energy projects (Startup Rise).
- Plain Secures €14.5M for AI-Powered Customer Support
London-based Plain is transforming B2B customer support with its AI platform, backed by €14.5 million in Series A funding (Startup Rise).
- Amplience Raises €37.9M for Headless Content Management
The London-based content management startup Amplience raised €37.9 million to improve its platform and expand across EMEA and North America (Startup Rise).
PH Startup News
- GobiCore Adds Startups to Its Philippine Portfolio
GobiCore, a joint venture between Gobi Partners and Core Capital, announced new investments in Philippine startups. The fund continues to back early-stage companies in sectors like fintech, logistics, and e-commerce, further strengthening its commitment to the local startup ecosystem (Tech in Asia) - Parkwise Secures $250M for Green Parking Facilities
Philippine startup Parkwise Inc. raised $250 million from Patrizia and Mitsui & Co. Ltd. to build sustainable parking facilities integrated with electric vehicle (EV) charging stations and rooftop solar systems. The company aims to address Metro Manila’s parking shortage while promoting climate-friendly mobility solutions. (Inquirer)
ANZ Startup News
- Jolt Borrows $214 Million for EV Charger Rollout: Australian EV charging startup Jolt has borrowed $214 million to expand its network into Canada, marking a significant step in its mission to provide accessible and convenient EV charging solutions. (Startup Daily)
- Polymath Raises $1.35M to Gamify Maths Education: New Zealand-based Polymath, a startup aiming to make maths engaging for kids through a gamified learning app, has raised NZ$1.5 million (A$1.35m) in pre-Seed funding. The funding will support their expansion into the US market and the development of collaborative play features. (Startup Daily)
Global Startup News
- naturalX Ventures Launches €100M Fund for Health Startups: naturalX Ventures unveiled a €100 million fund targeting consumer health startups across Europe (Startup Rise).
- Cherry Ventures Raises $500M for European Tech Startups: The Berlin-based VC firm launched two new funds totaling $500 million to support early-stage and growth-stage startups in Europe (Startup Rise).
February has been an inspiring month for startups across the globe, showcasing resilience and innovation in diverse industries like sustainability, AI, and fintech. From ambitious funding rounds in the UK to groundbreaking developments in ANZ and beyond, these stories highlight the dynamic nature of the startup ecosystem. Stay tuned as we continue to track these exciting news!
