United Kingdom - StartupMafia - News from startup industry

ClimateTech

Edinburgh-based Earth Blox Raises €6.9 Million to Link Climate and Financial Performance

Earth Blox, an Edinburgh-based startup analyzing the impact of climate change on financial performance, has secured €6.9 million in funding to expand its team, accelerate product...

Nastya Zelenovska2 days ago

Cocoon Raises $15M To Scale Low-Carbon Cement Alternative

ClimateTech

Cocoon Raises $15M to Scale Low-Carbon Cement Alternative

London-based Cocoon Carbon has secured $15 million in Series A financing to accelerate deployment of its low-carbon cement alternative. The round was led by 2150 and Brick &...

Nastya Zelenovska2 days ago

HealthTech

Ternary Therapeutics Targets “Undruggable” Proteins with AI-Designed Molecular Glues, Raising €4.1 Million

London-based Ternary Therapeutics, a BioTech startup developing AI-driven molecular glues, has raised €4.1 million (£3.6 million) in Seed funding. The round was led by daphni, with...

Nastya Zelenovska2 days ago

EdTech

Oxford Medical Simulation Secures €5.78 Million to Tackle Healthcare Training Gap with Virtual Reality

Oxford Medical Simulation (OMS), a UK-based startup providing AI-driven virtual reality healthcare training, has raised €5.78 million (£5 million) in growth funding from Salica Investments....

Nastya Zelenovska2 days ago

AITech

Wayve Rockets to €7.2B Valuation With €1B Series D to Scale AI-Driven Autonomous Driving

The global race to build scalable autonomous driving technology just intensified. London-based AI startup Wayve has raised €1 billion ($1.2B) in a Series D round, pushing its...

Nastya ZelenovskaMarch 6, 2026

FinTech

Flowpay Acquires German Startup Tapline to Expand Into Tech and SaaS Financing Across Europe

European fintech Flowpay is growing its reach beyond traditional SMEs, entering the German and UK markets with the acquisition of revenue-based financing platform Tapline....

Nastya ZelenovskaMarch 6, 2026

BioTech

Building the Future of Biotechnology — UK Biotech Day 2026

UK Biotech Day 2026 is set to spotlight the strength, global relevance, and collaborative spirit of the UK’s biotechnology ecosystem. The event will bring...

Nastya ZelenovskaFebruary 25, 2026

Bedford's Tozaro raises €6.9M to make life-saving cell and gene therapies affordable with Smart Polymer technology

BioTech

Bedford’s Tozaro raises €6.9M to make life-saving cell and gene therapies affordable with Smart Polymer technology

Tozaro, a Bedford-based biotech company developing polymer-based solutions to dramatically cut the cost of cell and gene therapy production, has closed a €6.9 million...

Nastya ZelenovskaFebruary 23, 2026

GovTech

Making Illegal Things Legal: How Accelerate Estonia are bringing their magic to the UK

I spend as much of my work activity on intrapreneurship (entrepreneurship in large organisations) as helping pre-revenue start-ups. The process is identical in the...

Mike SouthonFebruary 6, 2026

London’s FALKIN raises €1.7M to fight scams before they happen As AI-driven scams surge across Europe, London-based digital safety startup FALKIN has raised €1.7 million ($2 million) in pre-seed funding to stop fraud before it starts. The round was led by TriplePoint Ventures, with backing from Notion Capital, BackFuture Ventures, Aviva/Founders Factory, Haatch, Found Capital, and Founders Capital. Individual investors include fintech veterans Pierre Decote, Group Chief Risk Officer at Revolut, and Ben Enckevort, CTO and co-founder of Metomic. Shifting protection from payments to persuasion “The new battlefield isn’t payments – it’s persuasion,” said Boaz Valkin, co-founder of FALKIN. “Protection has to move earlier, to the moment before someone clicks, replies, or transfers. We’re turning AI from a weapon of deception into a tool for defense.” Founded in 2024, FALKIN builds embedded AI tools that detect manipulation and deception before a transaction ever takes place. Instead of monitoring fraud after money moves, the company integrates real-time behavioral analysis directly into banking and customer-service apps, helping financial institutions prevent scams at the source. According to co-founder and COO Joel Frisch, “Modern scams are sophisticated, and no single red flag tells the whole story. The key is to analyze all the signals that reveal deception to build a complete picture. When we embed that intelligence inside the banking apps people already trust, protection becomes effortless.” A growing European battle against AI-enabled fraud FALKIN’s funding comes amid a broader wave of investment in anti-fraud innovation. Across Europe, startups like Hawk (Germany), Resistant AI (Czechia), and Acoru (Spain) have collectively raised over €80 million this year to tackle rising financial crime driven by AI. A recent EU-Startups report found that AI-related fraud losses in Europe have surpassed €1.3 billion, as deepfakes, voice cloning, and synthetic identity attacks become mainstream tools for scammers. “AI has blurred the line between what’s real and what’s fake, and traditional systems aren’t built for that reality,” said Sam Stone of TriplePoint Ventures. “FALKIN’s vision to make proactive safety universal has the potential to redefine digital trust.” The invisible enemy Scams now represent one of the fastest-growing financial threats worldwide. Deloitte projects that U.S. losses from authorized push payment fraud could hit €12.9 billion ($15 billion) by 2028, while the U.K. saw over seven million victims last year—most of whom never reported the crime. Despite heavy investment in fraud detection, most tools still activate after funds have left an account. FALKIN’s approach moves protection upstream, targeting the psychological manipulation that precedes scams. Early trials with bank innovation teams and tens of thousands of users across the U.S. and U.K. have shown promising results: 78% of users reported feeling safer online, and over half said prevention was more valuable than reimbursement. Next steps: embedding safety everywhere The fresh capital will accelerate hiring, product development, and financial-institution integrations, as well as support the launch of Safety Labs — a program helping community banks and credit unions deploy scam-prevention tools with minimal technical effort. FALKIN is also expanding its integration ecosystem, allowing financial institutions to embed digital safety layers across customer journeys and communication systems. “Scammers are using AI to scale deception,” Valkin said. “We’re using it to scale trust.”

FinTech

London’s FALKIN raises €1.7M to fight scams before they happen

London-based digital safety startup FALKIN has raised €1.7 million ($2 million) in pre-seed funding to stop scams before they start, as banks and consumers...

Gerald MillerNovember 11, 2025

StartupMafia – News from startup industry

All posts tagged "United Kingdom"

ClimateTech

Edinburgh-based Earth Blox Raises €6.9 Million to Link Climate and Financial Performance

ClimateTech

Cocoon Raises $15M to Scale Low-Carbon Cement Alternative

HealthTech

Ternary Therapeutics Targets “Undruggable” Proteins with AI-Designed Molecular Glues, Raising €4.1 Million

EdTech

Oxford Medical Simulation Secures €5.78 Million to Tackle Healthcare Training Gap with Virtual Reality

AITech

Wayve Rockets to €7.2B Valuation With €1B Series D to Scale AI-Driven Autonomous Driving

FinTech

Flowpay Acquires German Startup Tapline to Expand Into Tech and SaaS Financing Across Europe

BioTech

Building the Future of Biotechnology — UK Biotech Day 2026

BioTech

Bedford’s Tozaro raises €6.9M to make life-saving cell and gene therapies affordable with Smart Polymer technology

GovTech

Making Illegal Things Legal: How Accelerate Estonia are bringing their magic to the UK

FinTech

London’s FALKIN raises €1.7M to fight scams before they happen

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HealthTech

The Top 5 Mental Health Startups in Germany

FinTech

Non-business style: businessmen and top managers with tattoos

AdTech

Eastern European Startup Uses Big Data To Automate PR

EdTech

The top 5 mental health startups in Europe