LocalGlobe is a venture capital firm backing technology companies.
The financing was co-led by New Enterprise Associates and Temasek with participation from a broad group of strategic investors.
"Next-generation AI compute, clean air and water and sustainable energy – these multi-billion-dollar global challenges share a common barrier: materials. CuspAI’s mission is to change that. In just a year, we’ve gone from concept to partnerships with world leaders in automotive, semiconductors, energy, and climate."
The Series A round was led by Notion Capital with participation from multiple venture firms and angel investors.
"Every Trust we meet tells us the same story: they need qualified staff now, but they cannot risk patient safety or compliance. Our platform gives them speed without compromise, predictability without cost inflation, and sustainability where locum dependency has become unsustainable. TERN Group’s mission is for every placement to set off a chain reaction: anurse arriving on time means a ward runs smoothly, which means patients get treated faster. This raise enables us to make those chain reactions happen at scale, across the UK and beyond."
The seed round was backed by LocalGlobe and Felix Capital to support international expansion and product development.
"Having seen Adyen’s growth firsthand, I recognise that stablecoins represent an even more profound shift. Traditional processors optimize within existing constraints. We’re eliminating those constraints entirely. Our platform gives businesses the fastest, cheapest, most transparent way to move money globally and our mission is to make legacy cross-border payment methods look antiquated."
The seed round was co-led by Creator Fund and LocalGlobe to help the biotech startup move its egg-quality treatment toward the clinic.
"Ovo Labs’ mission is to make the dream of parenthood a reality for millions of couples who struggle to conceive. By helping to increase the number of viable eggs, we aim to extend the reproductive window, empowering more couples to have children at a time that feels right to them. Ovo Labs’ technology also offers a potential solution for declining birth rates, which is a trend observed in many countries worldwide."
The investment round was led by IQ Capital and Latitude to accelerate product development and market expansion.
"The world is experiencing an unprecedented demand for power, not only to decarbonise heavy industries but to provide enough resources to handle the surge in AI infrastructure. The energy status quo can’t and shouldn’t sustain these demands. Our vertically integrated technology is already positively impacting customers, enabling them to experience stable, fast charge solutions when they need them the most. I’m delighted to have the confidence of our customers and investors as we further strengthen our mission to push the boundaries of ultra-high-power solutions."
