European and US Tech Startups Draw Fresh Funding Across AI, Crypto and ClimateTech

Scarlet raised $50 million in Series B funding to grow its medical device certification platform, Ventureburn reported. Headline led the round, with Notion Capital joining as a new investor, alongside existing backers Atomico, Creandum, Kindred Capital and Entrepreneurs First. The round brings Scarlet's total funding to about $75 million. Founded in London in 2021 by James Dewar and Jamie Cox, who previously worked on medical AI at Babylon Health, the company certifies software and AI medical devices. According to Scarlet, training a diagnostic model can take weeks, while certification can require 12 to 18 months, and minor updates can add a further six to eight months. The company operates as an EU notified body, a UK approved body under the MHRA, and is recognised by the US Food and Drug Administration as a Third Party Review Organisation. Headline partner Nancy Xiao McLaughlin will join Scarlet's board.

Meanwhile adds $37.5 million for Bitcoin life insurance

Meanwhile, a Bermuda-based insurer, raised $37.5 million from existing investors, Ventureburn reported. Bain Capital Crypto led the round alongside Haun Ventures, Framework Ventures and Pantera Capital, with Apollo, Northwestern Mutual Future Ventures and Morgan Creek Digital also taking part. The round takes Meanwhile's total funding above $180 million and gives it a reported $350 million valuation. Its investor base also includes Sam Altman. The company said demand has been strongest across Asia, Europe and the Middle East, and that broader macroeconomic instability has increased interest in Bitcoin-based wealth planning. Meanwhile launched BTC Life 1-Pay in early 2026 for high-net-worth clients outside the United States, a single-premium whole life insurance policy denominated in Bitcoin. It is the company's second product line after BTC 10-Pay, which was designed for US taxpayers.

CarbonFarm closes €7 million for rice decarbonisation

Paris-based ClimateTech startup CarbonFarm closed an oversubscribed €7 million Series A round, EU-Startups reported. Colam Impact, the impact investment arm of Colam Entreprendre, led the round, with participation from Proparco, Suma Capital, elea, Working Capital Fund, Albo and BPI France. Existing investors Serena (via Racine²) and Technmind also renewed their support. Founded in 2021 by Vassily Carantino and James Hastwell, CarbonFarm works with rice producers, cooperatives, agribusinesses, NGOs, governments and local project developers to develop, finance and measure rice projects. The company developed proprietary technology in collaboration with academic institutions including Cornell University, INRAE and the European Space Agency, using AI-powered satellite imagery analysis, field-data collection tools and greenhouse-gas modelling to quantify emissions at field level. It currently operates in 19 countries.