Beringea invested GBP 2.4 million in Cycle Exchange. Beringea is a transatlantic venture capital firm. The cash will help Cycle Exchange spread out more in the UK. It will expand refurbishment and servicing operations. The company will also work on its technology platforms.

Kiu Kim, investment director at Beringea, said Cycle Exchange has become the leading resale platform for high-end bikes in the UK quickly. The focus on refurbishing bikes to like-new condition shows in customer reviews and partnerships with brands like Pinarello, Brompton, and British Cycling. The model has good economics, supports sustainability, and offers better value to customers.

Matt Connelley, founder and CEO of Cycle Exchange, said the team has built the expertise and systems for a quality pre-owned platform over years. This investment lets them expand operations, improve customer experience, and strengthen technology.

Cycle Exchange runs a resale platform for premium pre-owned bikes. Customers can buy, sell, or exchange road, gravel, and mountain bikes along with parts and accessories. The company works online and in-person through a facility in South West London and partner outlets across the UK.

Conveyd closed GBP 2.5 million in seed funding. The round was led by Eka Ventures. Portfolio Ventures joined in. Existing investor Founders Factory stayed on board too, along with angels Eileen Burbidge, Richard Harrison, and Mark Ransford.

The cash will go toward building out the tech more. That includes rolling out AI agents able to review remortgage and purchase cases at a trainee solicitor level and hand over clean files for a human expert to check.

Conveyd runs an AI platform for property conveyancing. It pairs purpose-built AI with specialist lawyers to manage the full process from buyer onboarding to completion. The company is based in London, UK.

Sokin just raised EUR 42.9 million in a Series B round. The deal was led by Prysm Capital. Watershed Ventures joined in. There was also continued backing from funds managed by Morgan Stanley Expansion Capital, Aurum Partners, Gary Marino, and Mark Britto.

The funds will help push global expansion and build out product features in business payments, multi-currency accounts, and cross-border treasury tools.

Over the next year, the company plans to grow its infrastructure, get more regional licenses, and add banking partners in Asia, the Middle East, and South America. It will also put money into the platform and embedded solutions, especially accounts payable and receivable.

Vroon Modgill, Sokin’s CEO and founder, said the investment from Prysm shows what they’ve built is solid and gives them room to grow fast. He added they’ve worked for years on infrastructure to make global business smoother, and this cash helps take it worldwide.

Muhammad Mian from Prysm Capital said Sokin is at a key point with strong growth. He thinks it’s set to lead in cross-border payments and already has the setup to tap a big market.

Lincoln Isetta from Morgan Stanley Expansion Capital said the team has done better than expected with great results. He believes Sokin will keep going strong and change how business payments work globally.

Sokin offers a platform for global businesses to handle international payments. Companies can send and exchange over 70 currencies and hold balances in 26 currencies using multi-currency IBAN and local accounts. It is based in London and serves customers worldwide.

SimpleClosure, founded in 2023, has raised just over $20 million from investors including Infinity Ventures, TTV Capital, Anthemis, The LegalTech Fund, and Carta. The company's founder and CEO, Dori Yona, came up with the concept after experiencing the complexity of shutting down a company.

SimpleClosure is expanding its vision with the launch of Asset Hub, a marketplace designed to help founders recover value from their assets, such as source code, operational data, domain names, and equipment.

According to Yona, the company has seen strong year-over-year growth in startup shutdown activity, with 2.6x more companies closing in Q1 2026 compared to Q1 2025. The Asset Hub aims to capture the value of these assets, which often evaporate during the shutdown process.

X-energy has raised over $1 billion in capital investment through its IPO and a simultaneous private investment.

This funding will be used to hasten the placement of its Xe-100 advanced small modular reactors as the world searches for clean, sustainable baseload power.

The Xe-100 reactor utilises "pebbles", graphite spheres containing thousands of "TRISO" particles, which are essentially indestructible and capable of withstanding high temperatures.

X-energy intends to use the proceeds to fund the final stages of licensing, supply chain development, and the construction of its TRISO-X fuel fabrication facility.

The company is currently managing a pipeline of over 11 gigawatts of new nuclear capacity through various commercial partnerships, including a project with Dow Inc. to provide high-temperature steam and power for industrial processes.

Cloneable, a startup that uses AI to shadow human experts in heavy industries such as energy and replicate their specialized workflows into autonomous agents, has raised $4.6 million in seed funding. Congruent Ventures led the raise, which included participation from First In, Overline, Bull City Venture Partners, and St. Elmo Venture Capital.

The idea for Cloneable traces back to a bottleneck its founders encountered years earlier while working in the field. The startup's founders realized that heavy industries face a “knowledge crisis” as experienced workers retire faster than they can be replaced.

Cloneable aims to capture and preserve that kind of institutional knowledge. The funding will also support expansion into infrastructure-heavy industries such as public utilities, vegetation management, construction, rail, mining, agriculture, and manufacturing.

The company claims that a process that typically takes a human engineer eight hours can be completed by a Cloneable agent in under two minutes.

INVIA has raised $1.2 million in funding, according to the company’s latest update. The investor backing the round was not disclosed.

Details about the company’s core operations were not outlined in the announcement, though the funding suggests early-stage activity.

The round comes at a time when smaller funding deals continue across emerging startups, particularly at the pre-seed and seed stages.

Further specifics on INVIA’s product, market focus, and use of funds were not shared.