Skip to main content

Share story

Capital Products

Planky announces €6.9 million for AI financial decision tools and expansion

Planky announces €6.9 million for AI financial decision tools and expansion Image: Primary
Planky, a UK financial data platform owned by BKN301 Group, announced €6.9 million in funding to develop AI financial decision tools and expand in the Middle East and international markets. Innovation Global and funds of the Azimut Venture Capital Digitech Europe1 strategy co-led the round. The FCA-regulated company aggregates and analyses personal and business bank account data in real time. It plans to fund products for credit underwriting, spending analysis and prediction as it moves beyond Open Banking analytics. Its predictive models for monitoring borrower behaviour and detecting early financial stress remain under development.
Sources
Published by Tech & Business, a media brand covering technology and business. This story was sourced from EU-Startups and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
Capital Infrastructure
Capital Infrastructure

Torus says it raised $500 million for combined battery and AI computing product

Energy-storage startup Torus said it raised $500 million in funding to help launch a product that combines batteries with artificial-intelligence computing. The product is the size of a shipping container, bringing energy storage and computing into one unit.

Capital Products
Capital Products

Sennder details €228 million financing package for freight operations

Digital freight forwarder sennder has secured a €228 million financing package, EU-Startups reported. It includes €73 million in equity accumulated over the past two years and €155 million in institutional financing, rather than an entirely new equity round.

Capital AI
Capital AI

Fractile raises $720M at reported $7B valuation

London-based AI chip startup Fractile raised $720M from Thrive, Founders Fund and other investors, the Financial Times reported, citing sources. The funding values the company at $7B after the investment, up from approximately $1.1B in May.

AI Capital
AI Capital

Plurai raises $13 million for simulations that test business AI agents

Plurai said Wednesday it raised $13 million in seed funding for a platform that simulates companies' digital systems to test and improve AI agents. Team8 led the round, with participation from U&I, Velocity and Mercer, TechCrunch reported.

Capital AI
Capital AI

Rox raises $100M Series B at $1.3B valuation

Rox raised a $100M Series B co-led by General Catalyst and March at a $1.3B valuation, Fortune's Morgan Chittum reported. The company develops AI agents that automate customer research and outreach, placing the financing in the market for enterprise sales automation.