European Startup Funding Rounds Span Biotech, Insurance and AI Security

Nauta Capital has raised €60 million in the first close of its sixth venture fund, Ventureburn reported. The fund was announced on 15 October 2026. The firm, based in London and Barcelona, will back European B2B software and deep tech founders from pre-seed to Series A. Nauta is targeting a total raise of €150 million to €200 million by the second half of 2027, which would bring assets under management to around €750 million.

The British Business Bank contributed €30 million, half of the initial close, marking the fourth consecutive Nauta fund it has supported. Other investors include SETT, Merifin Capital and Institut Català de Finances, with the European Investment Fund and Germany's KfW Capital also identified among participants. Additional institutions and family offices joined from the UK, Continental Europe, Latin America and the Middle East. Nauta said roughly three-quarters of investors at the first close had backed previous funds.

Stand raises $70 million at $1 billion valuation

Stand has raised $70 million in Series C funding at a $1 billion valuation, Ventureburn reported. Saga Ventures led the round, with participation from Lowercarbon, Eclipse, Equal Ventures, Inspired Capital, Neotribe and Jackson Square Ventures. The company offers property insurance in disaster-prone regions, combining physical risk modelling, home improvements and coverage. Stand now insures more than $10 billion in property, up from $1 billion over the past year, and focuses on wildfire risk in California and hurricane exposure in Florida. Its proprietary Stand World Model simulates how individual homes would fare in natural events, assessing factors such as building materials and surrounding vegetation.

Harmonic Security raises $50 million

Harmonic Security has raised $50 million in Series B financing, Ventureburn reported. Crosspoint Capital Partners led the oversubscribed round, which included existing investors and brings the company's total capital raised to $76 million. Based in San Francisco and London, Harmonic builds security software for enterprise AI adoption, detecting how employees use AI tools, flagging data risks and enforcing controls in real time. Next47 led the company's $17.5 million Series A in October 2024.