European deeptech and artificial intelligence continue to attract significant investment, with new funds and startups focusing on sustainable materials, enterprise solutions, and ecosystem development.

Hello, and welcome to "HU Pulse." Today, we're looking at how European deep tech and artificial intelligence continue to draw substantial investment. Indeed. Our number of the day is 103 million. This marks the final close of Merantix Capital's Dedicated AI Fund, targeting early-stage European AI-native companies across various sectors. That's a significant sum for AI, and in deep tech materials, NewDawn Bio has just secured 2.1 million in pre-seed funding for its cultured wood technology. This investment highlights a growing interest in sustainable materials and circular economy solutions. Cultured wood directly aligns with the trend towards bio-based alternatives and reducing reliance on traditional forestry. It certainly does. This fits into a larger picture, with European clean tech companies collectively raising $3.1 billion in 2025. That's substantial funding focused on clean energy infrastructure, industrial decarbonization, advanced materials, and recycling technologies. It shows sustained investor confidence in the sector's growth and impact. Moving to enterprise AI, Coda Sage has raised $6.6 million in seed funding for its AI platform aimed at modernizing legacy software. This addresses a critical market need. Many established businesses struggle to integrate advanced AI into their foundational older systems, facing considerable operational and financial hurdles. So Coda Sage aims to bridge that gap, allowing companies to leverage AI without disrupting their longstanding operations. Precisely. The demand for robust AI infrastructure is evident across sectors as organizations increasingly seek to embed intelligence into their workflows and update existing tech. And fostering this innovation ecosystem, Cambridge Enterprise is launching Leaps, a new London deep tech launchpad. This initiative will integrate Cambridge-based deep tech companies into London's innovation ecosystem. Founders will gain crucial access to new markets, talent pools, and investment avenues. It's a strategic move, leveraging London's established role as a hub for European technology and innovation. Indeed. Exposure to a broader investor base and diverse talent in London can unlock significant funding opportunities and accelerate scaling for these specialized deep tech ventures. That's all for today's "HU Pulse." For more details on these stories and others, visit hu.eu. We'll be back tomorrow.