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Source-backed notes on company research, public-register evidence and MCP workflows.

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Spain Put Its Monitoring Director On Multiverse's Board

Spain committed up to €166.2m to Multiverse Computing across two rounds and placed a SETT monitoring director on its board before the €500m raise.

Nuclear Turbines Founders Held 57.6% Before £15m Reveal

Nuclear Turbines announced £15m, while its latest register shows founders at 57.6%, IQ Capital at 15.4% and about £6.2m of cash equity filed.

Research

QUICKBLOCK's £940k Funding Was Also A Recapitalisation

QUICKBLOCK raised £940,000 after reporting £534,213 of net liabilities. Filings map £638,571 to equity, leaving about £301,429 as implied grants.

Research

Ossprey's Pre-Seed Closed Seven Months Before Announcement

Ossprey's $2.65m pre-seed announcement followed a December share issue that gave investors 25.4% and preference rights while founders retained 68.5%.

Research

Rail Europe's Parent Had Negative Equity Before Omio Deal

Rail Europe's parent reported negative equity and its operating company lost €6.27m before Omio's proposed acquisition, putting price and debt at the centre.

Research

Street Group's Founders Held 92.8% Before Hg's £200m Deal

Street Group's founders held 92.8% before Hg's deal valued the company above £200m, mapping to more than £185m of paper value at 12.5 times 2025 revenue.

Research

TidalSense's £14.2m Financing Put 71% First In Line

TidalSense's visible £10.31m equity put 70.9% of issued shares in the class paid first, while £3.89m of the £14.2m headline remains unmapped.

Research

Moa Technology's £22.2m Round Put £44.4m First In Line

Moa Technology's £22.2m Series C created 46.4% of its issued shares and a roughly £44.4m first claim after accounts warned the round was essential.

Research

Bruker Bought Noscendo's Software, Not The Venture-Backed Company

After nearly €40m of venture funding, Noscendo entered insolvency. Bruker acquired DISQVER, patents and selected staff while the laboratory closed.

Research

Salesforce Raised Its SPREAD Stake Through A Founder Secondary

German shareholder lists show Salesforce acquired 612 existing SPREAD shares from two founder vehicles, raising its stake from 5.5% to 6.7% without new capital.

Research

Lightning Reach's Sale Replaced Founder Control And Flattened Its Share Stack

UK filings show Lightning Reach's founder lost control on 1 July as a buyer took at least 75% of rights and converted 256,163 shares into one ordinary class.

Research

Humanoid's $152m Round Recapitalises A Business With £50.5m Of Founder Loans

Humanoid raised $152m after ending 2025 with £43.5m of net liabilities and £50.5m in founder loans, while its founder appeared to retain 53% of ordinary shares.

Research

Mistral's Koyeb Acquisition Split A €27.8m Exit Between Cash And Shares

A French contribution report values Koyeb at about €27.8m and shows 36% of its shares rolled into Mistral, splitting liquidity from future upside.

Research

PaperShell's €40m EU Grant Leaves A €43m Financing Test

PaperShell's signed 2025 annual report links an €83m factory and €40m EU grant to a planned IPO, while private capital must still fund roughly half.

Research

FINN's €140m Round Shows The Financing Stack Behind A Mobility Unicorn

FINN's 2025 shareholder lists show a 17.2% wider share base, Planet First's 18.8% block and a new Picus vehicle before the €140m Series D round.

Research

Neura Became Huayan's Largest Customer After A €10m Exit

German and Chinese filings trace Neura Robotics from Huayan-linked ownership to a €10m exit and later identify Neura as Huayan's largest customer.

Research