From a record-breaking AI seed in Paris to Croatian drones and Lithuanian food tech, Europe’s startup ecosystem had a busy week.

The week of 9-15 March was, by any measure, an exceptional one for European venture capital. Two deals alone, one in London, one in Paris,accounted for nearly three billion dollars.

But beyond the headline figures, what the week really illustrated was the texture of where European investor confidence now sits: AI infrastructure, cybersecurity, health tech, defence, and cross-border commerce all secured meaningful rounds.

The geography stretched from Vilnius to Zagreb to the Swiss Alps. The themes, however, felt unmistakably of this moment.

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Here are the ten most significant funding rounds in Europe this week.

1. Nscale – €1.7 billion Series C  |  London, UK

Start with the number: €1.7 billion, or $2 billion. That is not just the largest European funding round of the week, it is, according to the company itself, the largest equity round ever raised by a European startup.

The investor list alone communicates the scale of ambition: Nvidia, Citadel, Dell, Nokia, Jane Street, and Point72, alongside lead backers Aker ASA and 8090 Industries.

Founded in 2024, a year ago, to underscore how fast this has moved, Nscale builds vertically integrated AI infrastructure, from GPU compute and networking to data services and orchestration software.

The Series C values the company at $14.6 billion, a more than fourfold jump from the $3.1 billion valuation it achieved at its Series B in September 2025. That September round was itself described as record-breaking.

This round follows a €1.1 billion debt facility Nscale signed in February. The company is building at a speed that has few precedents in the European tech ecosystem.

2. AMI Labs – $1.03 billion seed  |  Paris, France

The largest seed round ever raised by a European company, and quite possibly anywhere. Advanced Machine Intelligence, AMI, pronounced the French word for “friend”, announced its $1.03 billion raise on 10 March, just four months after it was founded.

The company is chaired by Yann LeCun, the Turing Award-winning computer scientist who spent 12 years at Meta before departing in November 2025 to build something he believes the wider AI industry is unwilling to build.

The founding team includes former Meta AI researchers Saining Xie, Pascale Fung, and Michael Rabbat. Strategic investors include Nvidia, Samsung, Toyota Ventures, Jeff Bezos, and former Google CEO Eric Schmidt. 

AMI has no product and no revenue. LeCun said the first year will be devoted entirely to research. That investors handed over a billion dollars on those terms reflects both the credibility of the team and the sheer amount of capital now looking for the next paradigm shift in AI.

3. Isembard – £37.5 million Series A  |  London, UK

Less than a year after its seed round, London-based Isembard raised £37.5 million ($50 million) to expand its network of AI-powered factories focused on high-precision manufacturing for the aerospace and defence sectors.

The round was led by Union Square Ventures, with participation from Tamarack Global, IQ Capital, Notion Capital, and CIV. Angel investors included Deel founder Alex Bouaziz and former Wise CFO Matt Briers.

Isembard’s model is unusual in the manufacturing space: it owns and operates its own facilities and also runs a network of franchise-operated sites built around MasonOS, its proprietary agentic operating system for factory management.

4. Waiv – $33 million  |  Paris, France

Waiv is a spinout from Owkin, the French-American biotech company, launched as an independent entity this week alongside a $33 million funding round.

The company, previously operating as Owkin Dx, develops AI-powered precision testing tools for oncology: analysing routine pathology slides and multimodal patient data to identify biomarkers and predict treatment response.

What distinguishes Waiv from the broader AI health cluster is its focus on making tests that already exist in the clinical workflow,  routine slide analysis, dramatically more informative. Its products include RlapsRisk BC (breast cancer relapse prediction), MSIntuit, and BRCAura.

The company has existing partnerships with pharmaceutical groups and counts leading hospital systems among its customers. Spinning out as an independent entity is intended to accelerate commercial development without the constraints of a parent company’s strategic priorities.

5. Qevlar AI – $30 million Series A  |  Paris, France

Security operations centres face a problem that is, by now, well understood: too many alerts, too few analysts, too much time per investigation.

The average alert at a major enterprise takes between 32 and 61 minutes to investigate manually. Qevlar AI claims its platform does it in under three minutes. On 10 March, investors decided that was worth $30 million.

The Paris-based startup, founded in 2022 by Ahmed Achchak, has built an agentic AI platform that connects to existing security tooling (SIEM, EDR, CTI) and automates the full investigation workflow at Tier-2 and Tier-3 depth. Rather than simply triaging alerts, the system builds a graph-based understanding of the attack surface. 

The round was co-led by Partech and Forgepoint Capital International, with EQT Ventures also participating. Forgepoint had led the company’s previous $14 million raise, a show of continued conviction.

The new capital will fund geographic expansion into EMEA and Asia-Pacific, and product development toward predictive threat hunting.

 6. Saltz – €20 million Series A  |  Vilnius, Lithuania

The food distribution sector in Europe is fragmented, largely offline, and resistant to modernisation. Saltz, founded in 2022 by Andrius Šlimas, Tomas Šlimas, and Reinis Štrodahs, veterans of Oberlo and Shopify, is attempting to do for professional kitchens what those platforms did for e-commerce merchants. It secured €20 million in Series A funding on 9 March.

The platform connects restaurants and professional kitchens with food suppliers, aggregating catalogues, orders, payments, and logistics into a single interface. It operates in roughly 20 countries, with clients including Hilton, Marriott International, and independent restaurant operators. 

The company plans to hire more than 100 people by the end of 2026 across engineering, product, sales, and operations. It is targeting fresh and frozen food products, specifically meat and seafood,  where supply chains are most complex and margins for improvement are largest.

 7. Outpost – $17.5 million Series A  |  London, UK

Cross-border selling has always been theoretically appealing and practically complicated: VAT registrations, payment infrastructure that does not travel, and tax liability in jurisdictions a merchant has never visited.

Outpost, a London-based platform built by former Revolut executives, raised $17.5 million on 10 March to solve those problems at the infrastructure layer.

The round was led by Ribbit Capital, the venture firm behind Revolut, Coinbase, and Stripe. Outpost’s platform handles payments and tax compliance for merchants selling internationally, creating local legal entities and payment rails in the markets they enter so the merchant carries no direct liability. 

The context matters here: 2026’s trade tariff environment has made cross-border commerce simultaneously more attractive and more legally treacherous. Outpost is building for exactly that tension. 

8. Orqa – €12.7 million Series A  |  Osijek, Croatia

Croatian drone maker Orqa has been building first-person-view drone systems since 2018, first for the enthusiast market, increasingly for defence.

On 10 March, it raised €12.7 million in a Series A led by Expeditions, the early-stage investor focused on European security, with Lightspeed Venture Partners, Taiwania Capital, Aymo, and Radius Capital also participating.

What distinguishes Orqa in an increasingly crowded drone landscape is its level of vertical integration: it designs and manufactures its own flight controllers, radios, motors, cameras, and printed circuit boards, with no Chinese-made components. Its facility in Osijek currently produces up to 280,000 NDAA-compliant drones annually. 

The Pentagon’s Drone Dominance Programme is planning to procure up to 300,000 small attack drones by 2027. Orqa’s CEO Srdjan Kovacevic has made clear that the company is positioning itself to compete for those contracts.

9. Seprify – €13.4 million Series A  |  Fribourg, Switzerland

Seprify develops high-performance cellulose-based ingredients for industrial applications, targeting markets where synthetic materials face regulatory pressure or sustainability scrutiny.

Its €13.4 million Series A, which closed this week, counts Inter IKEA Group among its backers,  a notable strategic investor for a materials company working on sustainable alternatives to petroleum-derived inputs.

The Swiss deep-tech sector has been producing a steady stream of university spinouts in materials science, and Seprify fits that pattern: founded with roots in academic research, now moving toward commercial scale. The round will fund production capacity expansion and customer development.

10. Lemrock – €6 million seed  |  Paris, France

If Nscale and AMI represent the week’s largest bets, Lemrock represents one of its most interesting ones. The Paris-based startup, founded in 2025, is building infrastructure that allows brands to sell directly within conversational AI environments, ChatGPT, Claude, Perplexity and their equivalents.

On 11 March, it announced a €6 million seed round led by Galion.exe, with Criteo founder Jean-Baptiste Rudelle joining the board.

 The company already works with more than 60 brands across Europe and the United States, including Maisons du Monde, Cdiscount, and Engie, and processes over 100 million interactions monthly.

The round is small relative to the others on this list. But the question Lemrock is answering, what happens to commerce when AI agents become the primary product-discovery interface, is large, and it has barely been asked yet.

Brazil nuts are nearly impossible to farm, but White Lion Foods has cracked the challenge 

The fitness and health industry has been growing rapidly around the world, including in Singapore. Alongside this shift, consumers are increasingly seeking out nutrient-dense foods that can support healthier lifestyles.

Among the most nutrient-dense foods on the planet is the Brazil nut, widely recognised as the richest natural dietary source of selenium.

Despite its nutritional benefits, however, producing Brazil nuts is far from straightforward. Unlike most nuts, they are not cultivated on plantations but are wild-harvested from trees deep within the Amazon rainforest.

Even when producers manage to source them, most Brazil nuts are sold either raw or coated in chocolate. This is because seasoning them has historically been difficult—the nut’s natural structure prevents flavours from sticking well.

But Singapore-based Truly Nuts! has taken on that challenge. In 2024, it launched what it claims to be the world’s first savoury-flavoured Brazil nuts to local supermarkets.

Behind the brand is Singapore-headquartered agri-tech company White Lion Foods, which sources and processes Brazil nuts directly in the Amazon rainforest. The company operates two factories there—nearly 18,000 kilometres from the city-state—that can process up to one billion Brazil nuts each year.

We spoke with Gareth Lloyd, 48 and Greg Vickers, 46, the co-founders behind the business, to learn more about their entrepreneurial journey and how they managed to turn a nut that’s nearly impossible to farm into a global business.

They went from DJ tours to farming crops

Gareth and Greg’s path into the food industry was far from conventional.

They first met during university in the United Kingdom and spent years working as electronic music DJs, performing across more than 15 countries and touring extensively throughout Latin America.

It was during these travels that they became familiar with the region’s agricultural exports. Countries like Peru were producing high-quality foods, such as avocados and blueberries, that were increasingly appearing in global supermarkets.

When Gareth moved to Singapore in 2012, he noticed many of these products were starting to be stocked locally, sparking the idea that other lesser-known exports could also find a market.

And thus, White Lion Foods was born. That same year, Gareth roped in Greg, who had been living in Brazil since 2010, and the duo invested about £60,000 each (about S$102,000 each) to start the Singapore-based agri-tech venture.

They first chose to focus on purple garlic. After extensive research, the duo discovered that these varieties were rare outside Peru, prompting them to concentrate on harvesting, processing, and exporting this unique crop grown high in the Andean mountains.

Over time, their business expanded globally, supplying purple garlic to markets “around the world,” and today, White Lion Foods claims to be the number one exporter of Andean purple garlic.

It was a milestone for the business, but focusing solely on Peruvian garlic soon revealed a major challenge.

We were basically investing all year, and the garlic harvest would come around Sept. We’d sell until Dec, and then we had no revenue for the rest of the year.

Gareth Lloyd

In other words, the company had year-round operating costs but only a few months of income.

To solve the seasonal revenue problem, the founders began experimenting with other crops that could complement the garlic harvest cycle.

Over the next few years, they experimented with a variety of crops—potatoes, onions, tomatoes, and even raisins—while exploring different supply chains. Many of these ventures, however, ended up as costly lessons.

Eventually, in 2016, the duo discovered Brazil nuts.

Unlike purple garlic, Brazil nuts are harvested between Jan and May, creating a complementary revenue cycle. “We suddenly had this brilliant cycle,” Gareth said. “Brazil nuts collected during Q1 and Q2, and garlic in Q4.”

Hence, the founders decided to focus entirely on these two products: garlic and Brazil nuts, which are now known to be their signature offerings.

An “unusual” nut

But harvesting Brazil nuts came with its own set of challenges.

They are unusual when compared to most other nuts found in supermarkets. Attempts to farm them commercially have failed, making their production entirely dependent on natural, wild ecosystems deep within the Amazon rainforest.

The Brazil nut tree itself can live for hundreds of years, producing large, coconut-like fruits that fall naturally to the forest floor when ripe during the rainy season. Local collectors, many from communities living in Amazon regions, gather the fallen fruits, crack them open, and transport the in-shell nuts back to processing facilities—it is largely a manual process.

As such, alongside the factory it had established in the Peruvian Amazon for purple garlic, White Lion Foods built another facility deep in the Brazilian Amazon in 2016 to manage Brazil nut processing, hiring a workforce capable of handling the labour-intensive work.

Currently, the company employs more than 10,000 local and indigenous harvesters to collect the fallen fruits, along with over 3,000 staff across both its factories. Gareth claimed that his workers are paid more than 50% higher than the regional market rate because he believes in supporting the local communities.

At White Lion Foods’ factories, the Brazil nuts are carefully cleaned and dried in controlled environments until their moisture content drops to around 2–3%, ensuring optimal quality and long shelf life.

The nuts are then sorted into different sizes and packed before being exported to retailers and supermarkets such as Aldi and Hyundai department stores under white-label arrangements.

Today, Gareth shared that White Lion Foods controls roughly 16% of the global Brazil nut market. The company also processes both Brazil nuts and purple garlic for partners and retailers across more than 45 countries.

Creating their own consumer brand

After years of supplying Brazil nuts as a white-label manufacturer, the founders decided to create their own consumer brand, with a focus on highlighting the Brazil nut itself.

For decades, these nuts had been sold mostly raw or coated in chocolate, so the duo set out to develop a way to introduce new flavours, particularly savoury ones, that the market had never seen before.

But savoury seasoning was difficult to apply because of the natural structure of Brazil nuts, which prevented flavours from sticking well.

After months of trial and error—and collaboration with confectionery flavouring experts in the UK—the company finally developed a process that allows savoury seasonings to adhere properly, unlocking a whole new way to enjoy this nutrient-dense superfood.

That led to the launch of Truly Nuts! in the UK in December 2023 through British travel retailer WHSmith’s outlets across the country and e-commerce platform, Amazon.

The brand started out with four Brazil nut flavours, including chilli, smoked, and chocolate variants.

Since March 2024, White Lion Foods begun selling Truly Nuts! products in Singapore. Its products are now stocked in retailers such as FairPrice, Cold Storage, and Guardian, with a 120g bag of Brazil nuts starting from S$8.50.

“The Brazil nut was such an undermarketed nut,” Gareth said. “People don’t know about it, they don’t know about the health benefits, and they don’t know that it supports the Amazon.”

Singapore was chosen as one of the brand’s early markets partly because of its growing appetite for healthier snacks. Moreover, that lack of awareness is precisely what the brand hopes to change.

The healthy snack market here has been on the rise and is projected to grow by about 70% to US$890 million (S$1.14 billion) by 2033, driven by consumers seeking convenient options amid increasingly busy lifestyles.

That said, the brand has also had to adjust some flavours to suit Asian taste preferences. Local consumers, Gareth noted, tend to prefer slightly lower salt levels but stronger flavour profiles in certain variants.

And of course, maintaining product quality has also led to tradeoffs, which the duo is willing to make.

Chocolate-coated nuts, for instance, are sensitive to heat—especially in tropical climates like Singapore. Instead of using stabilising chemicals often found in confectionery products, Gareth shared that the company transports its chocolate variants in refrigerated conditions to prevent melting.

While this incurs additional logistics costs, he believes it is necessary to keep the products free from additives.

Targeted expansion through travel retail

As White Lion Food and its Truly Nuts! brand grows, the company expects its facilities to process more than one billion Brazil nuts this year—equivalent to roughly 3,500 tonnes.

Revenue from its Brazil nut segment alone is projected to reach between US$40 million and US$45 million, with about US$2 million coming from Truly Nuts!. Gareth envisions White Lion Foods expanding to supply a third of the world’s Brazil nuts in the future.

Considering the brand is still relatively young, Gareth sees this as just the beginning. Rather than expanding into new countries all at once, the company plans to grow through travel retail first.

It might sound surprising, but his reasoning is simple: airports give the brand direct access to international travellers, helping build awareness and demand before moving into broader retail markets.

By May, Truly Nuts! aims to go live in about 80 more WHSmith airport outlets across the globe, including Europe and Singapore.

The company is also developing new product lines, with Brazil nut butter seen as having particularly high potential.

Reflecting on the company’s unconventional journey—from DJ tours to running processing facilities in the Amazon—Gareth says entrepreneurship rarely follows a linear path.

“You’ve just got to get going with it,” he said. “As I like to say, you should build the plane while you’re flying.”

• Learn more about Truly Nuts! here and White Lion Foods here.
• Read more stories we’ve written on Singaporean businesses here.

Featured Image Credit: Truly Nuts!

When to watch Liverpool vs. Tottenham

• Sunday, March 15, at 12:30 p.m. ET (9:30 a.m. PT).

Where to watch

• Liverpool vs. Tottenham will air in the US on Peacock Premium.

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After an embarrassing midweek defeat in Europe, woeful Tottenham Hotspur will be hoping to avoid further humiliation on Sunday as they travel to Anfield to face top-four-chasing Liverpool in the English Premier League.

Spurs continued their dire run of form with a 5-2 loss away to Atletico Madrid in the UEFA Champions League on Tuesday. Interim boss Igor Tudor came under fierce criticism in the aftermath of that defeat, following his controversial decision to substitute young goalkeeper Antonin Kinsky after just 17 minutes at 3-0 down.

Tudor remains in charge for today’s game, but after four defeats from each of his four games in charge, and with his side just a point above the relegation zone, this game could prove to be his last chance to save his brief tenure.

Liverpool’s midweek Champions League defeat to Galatasaray was not quite as disastrous as Tottenham’s. Nevertheless, the Reds’ 1-0 midweek loss in Istanbul will have boss Arne Slot determined to get his side back to winning ways as they look to climb back into the UCL qualification places. 

Liverpool hosts Tottenham Hotspur on Sunday, March 15, at Anfield, with kickoff set for 4:30 p.m. GMT. That makes it a 12:30 p.m. ET or 9:30 a.m. PT start in the US and Canada, and a 3:30 a.m. AEDT kickoff in Australia on Monday morning. 

How to watch Liverpool vs. Tottenham in the US without cable

This match at Anfield will be broadcast on streaming service Peacock. To catch the game live, you’ll need a Peacock Premium or Premium Plus subscription.

Peacock offers two Premium plans, and after recent price increases, the ad-supported Premium plan costs $11 a month and the ad-free Premium Plus plan costs $17 a month.

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How to watch the Premier League 2025-26 from anywhere with a VPN

If you’re traveling abroad and want to keep up with Premier League action while away from home, a VPN can help enhance your privacy and security when streaming.

It encrypts your traffic and prevents your internet service provider from throttling your speeds, and can also be helpful when connecting to public Wi-Fi networks while traveling, adding an extra layer of protection for your devices and logins. VPNs are legal in many countries, including the US and Canada, and can be used for legitimate purposes such as improving online privacy and security. 

However, some streaming services may have policies that restrict VPN use to access region-specific content. If you’re considering a VPN for streaming, check the platform’s terms of service to ensure compliance.

If you choose to use a VPN, follow the provider’s installation instructions, ensuring you’re connected securely and in compliance with applicable laws and service agreements. Some streaming platforms may block access when a VPN is detected, so verify whether your streaming subscription allows VPN use. 

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Livestream Liverpool vs. Tottenham in the UK 

This Sunday afternoon clash is exclusive to Sky Sports and will be shown on its Sky Sports Main Event channel. If you already have Sky Sports as part of your TV package, you can stream the game via its Sky Go app. Cord-cutters will want to set up a Now account and a Now Sports membership to stream the game.

Sky’s standalone streaming service Now offers access to Sky Sports channels with a Now Sports membership. You can get a day of access for £15 or sign up to a monthly plan from £35 a month right now.

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Livestream Liverpool vs. Tottenham in Canada 

If you want to livestream EPL games in Canada this season, you’ll need to subscribe to Fubo. The service has once again secured exclusive rights to the Premier League and is broadcasting all 380 matches live. 

Fubo is the go-to destination for Canadians looking to watch the EPL, with exclusive streaming rights to every match. It currently costs CA$27 for the first month, then CA$31.50 per month from then on.

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Livestream Liverpool vs. Tottenham in Australia 

Livestreaming rights for the EPL are now with Stan Sport, which is showing all 380 matches live, including this game.

Stan Sport will set you back AU$20 a month (on top of a Stan subscription, which starts at AU$12). It’s also worth noting that the streaming service is currently offering a seven-day free trial.

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A subscription will also give you access to Premier League, Champions League and Europa League action, as well as international rugby and Formula E.

Marshals, a new Yellowstone spinoff starring Luke Grimes as Kayce Dutton, is currently airing on CBS. You can also tune in with Paramount Plus.

The Yellowstone sequel series sees Grimes’ former Navy SEAL join an elite unit of US Marshals to bring range justice to Montana, according to a synopsis from CBS. The show also includes Yellowstone actors Gil Birmingham as Thomas Rainwater, Mo Brings Plenty as Mo and Brecken Merrill as Tate. Spencer Hudnut is the showrunner of Marshals — formerly known as Y: Marshals — and Taylor Sheridan is an executive producer.

When to watch new Marshals episodes on Paramount Plus

Episode 3 of Marshals airs on CBS on Sunday, March 15. Viewing options for Paramount Plus customers vary by subscription tier. You can watch the episode live if you have Paramount Plus Premium, which includes your local CBS station. If you subscribe to Paramount Plus Essential, you can watch the installment on demand the following Monday, but not live on Sunday. 

Here’s how to watch the next two episodes of Marshals.

• Episode 3, Road to Nowhere: Premieres on CBS/Paramount Plus Premium on March 15 at 8 p.m. ET/8 p.m. PT/7 p.m. CT. Streams on Paramount Plus Essential on March 16.
• Episode 4, The Gathering Storm: Premieres on CBS/Paramount Plus Premium on March 22 at 8 p.m. ET/8 p.m. PT/7 p.m. CT. Streams on Paramount Plus Essential on March 23.

You can also watch CBS and the third episode of Marshals without cable with a live TV streaming service such as YouTube TV, Hulu Plus Live TV or the DirecTV MyNews skinny bundle. In addition to offering a lower-cost option, Paramount Plus lets you watch the other two Yellowstone spinoffs: the prequels 1883 and 1923.

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After a price increase in early 2026, the ad-supported Essential version runs $9 per month or $90 per year. The ad-free Premium version runs $14 per month or $140 per year. Paying more for Premium gives you downloads, the ability to watch more Showtime programming than Essential and access to your live, local CBS station.

TikTok’s Chinese parent company ByteDance has figured out a way to access NVIDIA’s latest AI chips despite export restrictions, according to a report by . The company is working with a firm called Aolani Cloud and building out Blackwell computing systems in Malaysia.

This should give ByteDance access to around 36,000 B200 chips. That’s NVIDIA’s most powerful processor. The hardware buildout will reportedly cost more than $2.5 billion. The company says it plans on using this new computing power for AI research and development outside of China.

The country has been unable to access the B200 chip, as it was designed in California and, as such, subject to US export controls. This has led to do what ByteDance is doing with Aolani Cloud. The Singapore-based firm will buy up the components from NVIDIA and will operate exclusively in Malaysia, giving ByteDance access in the process.

“By design, the export rules allow clouds to be built and operated ​outside controlled ​countries,” an NVIDIA spokesperson said. They also said that all of the company’s cloud partners go through review before being approved to receive its products.

A representative from Aolani Cloud ‌that the company adheres to all applicable export control regulations and that ByteDance will be just one of many customers. It plans on providing cloud-computing services to multiple companies across Asia and the globe. However, it’s worth noting that Aolani currently operates ‌with just $100 million worth ⁠of hardware and ByteDance is planning to inject a whopping $2.5 billion.

The US did recently , but they’ve been slapped with a 25 percent tariff. Additionally, the US government mandated that the export license would only be approved if NVIDIA accepted a Know-Your-Customer requirement, which is an attempt to ensure that China’s military can’t access the chips. NVIDIA .