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Start-ups – Silicon Republic

European start-ups have best quarter in four years, finds Crunchbase Munich-based fusion energy start-up Proxima raises €411m Limerick operations AI start-up WrxFlo raises €3m Jentic, Spryt, MenoPal among eight KPMG Global Tech Innovator nominees Dublin’s Everhaze secures €450k as AI assistant Lú launches in UK Dublin’s Pilot Photonics wins €10.4m EIC backing for photonic chip scale-up Open AI’s Sarah Friar among backers of Tapestry VC’s new ‘repeat founder’ $80m Fund III Cork medtech NeuroBell bags $5.5m for its AI neonatal monitor CroíValve adds $20m to Series B, taking round to $36m Irish space-tech Ubotica raises $11m to scale AI marine monitoring Ireland's TensorX bags €8m to build sovereign AI infrastructure Paris-based AI company Tsuga raises $35m in Series A funding Two Irish start-ups accepted into Y Combinator's summer batch Irish sports-tech platform Hexis raises $2.1m in seed funding round Karb AI named Digital Start-up of the Year for Northern Ireland Scientific research start-up CuspAI to raise $400m with Jeff Bezos among backers - FT Nax Bioscience and Imragen top Irish Genomics Business Plan competition 7 Irish start-ups transforming the manufacturing floor Cork-based Trustap raises $10m ahead of new product launch OpenAI backs automation start-up Poetic in $50m round Swedish legal-tech Legora plans London and European expansion Dublin-based AI IP start-up Midnight Labs backed by Sony AI company PhysicsX raises $300m in Series C funding round Nvidia, Fei-Fei Li back Generalist’s $400m round to scale AI robotics Irish co-founded Wordsmith raises $70m, plans jobs in Ireland French quantum start-up Quobly bags €115m ahead of market debut Dublin's Fonoa raises $110m and snaps up PwC tax platform 319 Irish start-ups raised €992m in 2025, but funding cooled post Q1 Teacher-founded AI edtech Diotima spins out from Trinity VC funding of Irish SMEs falls 58pc in Q1, IVCA finds Dublin document automation start-up Better Futures raises €600,000 The Interview: Andreea Wade quits VC to fix AI’s invisible plumbing problem EU taps Sweden's EQT to manage major €5bn Scale-up Europe Fund 10 Irish medtech start-ups innovating the game Euan Blair’s edtech Multiverse valued at $2.1bn after $70m raise Dublin’s Lios gets renewed €2m ESA contract for its acoustic tech The Interview: Faye Walsh Drouillard on building an impact fund from Ireland Quantum start-up Algorithmiq raises €18m amid Milan move Europe’s $17bn tech quarter: AI, deep tech win as fintech slides Software company Barespace launches embedded finance platform EU-backed Kembara's first big bet is $160m Quantum Motion round Tissue repair therapy Substrato wins best pitch at EI Start-Up Day Enterprise Ireland pumped €33m into home-grown start-ups in 2025 German quantum computing start-up Eleqtron raises €57m Cork’s Nexalus teams with TuffTek for next-gen cooling systems What EU Inc really means for Europe’s start-ups – a legal view UK's IoT Tribe launches Dublin base with two new hires David Silver's Ineffable Intelligence raises $1.1bn Vinted hits €8bn valuation in oversubscribed €880m share sale Cohere buys Aleph Alpha to forge sovereign AI alternative to US Big Tech Swedish legal-tech Legora buys AI legal research start-up Qura Belfast’s Cloudsmith eyes ‘massive growth’ with $72m raise France's Univity raises €27m to allow European telecoms to compete with Starlink Stripe alum's Seapoint raises €7.5m as ‘financial home’ to start-ups Irish co-founded AI start-up Lua raises $5.8m Dublin tech company Vox Talk raises €1.35m in pre-seed round Irish-founded Ulysses raises $46m in rounds featuring A16Z Solidroad raises $25m as demand for QA product sparks fresh hiring Danish finance AI start-up Spektr raises $20m Dublin's Audrey AI closes $1.8m pre-seed funding round Dublin start-up Otel AI raises €2m to expand hotel AI platform Bull and Equal1 to advance next gen of hybrid quantum tech in Europe Dublin AI SaaS provider Apex B2B launches with €1.5m backing Medtech start-up Vertigenius raises €2.55m for US expansion Dublin start-up Zellor bags €850k for AI shopping assistant Irish co-founded Prism Layer out from stealth with $1m raise Galway-based AI start-up Octostar raises €6.1m Space-tech start-up Starcloud raises $170m to hit unicorn status Irish co-founded Icarus to test robot labour in space mission Quantum computing company IQM to fuel R&D with €50m investment French AI start-up Mistral raises $830m in debt Legal-tech start-up Harvey valued at $11bn after new raise of $200m Dublin's Grand raises $5m pre-seed for ‘real-world’ payment network Chip lithography start-up Lace raises $40m for tech development Bluesky reveals it quietly raised $100m Series B back in April 2025 Kota ranks ninth in Sifted’s 100 fastest-growing UK and Irish start-ups list Commission says EU Inc will be in place by end of 2026 French insurtech Alan surges to €5bn valuation mark Legal AI start-up Legora hits $5.55bn valuation with latest raise More women founders raising funds, but deal sizes are down Cork insurtech Kayna raises €1.5m seed to fuel US, UK expansion
‘Vibe-coding’ start-up Replit raises $400m in Series D funding
Laura Varley · 2026-03-12 · via Start-ups – Silicon Republic

The new funding will be used to further Replit’s global expansion in Europe, Asia and the Middle East, as well as for future product development and infrastructure capacity.

Replit, a ‘vibe-coding’ start-up, has announced a funding milestone after raising $400m in a Series D round to stand at a $9bn valuation. The investment was led by Georgian, with participation from Prysm Capital, 1789 Capital, YC, Coatue, a16z, Craft Ventures and Qatar Investment Authority.

The round also included strategic investments from Accenture Ventures, Databricks Ventures, Okta Ventures and Tether, as well as some well-known public figures such as former basketball player Shaquille O’Neal, and actor and musician Jared Leto.

Established in 2016 by Amjad Masad and headquartered in California, Replit is a platform that enables the user to create an app without the need for coding skills.

The funds raised will be put towards Replit’s plans for global expansion in Europe, Asia and the Middle East, as well as towards future product development and improving infrastructure capacity.

Commenting on the announcement, Masad, who is also the organisation’s CEO, said in a blogpost on the company’s website: “Fundamentally, we believe the future of technology is deeply human. As software adapts to people, billions will be able to turn their ideas into reality without needing to understand or be restricted by the machinery underneath. 

“AI will unlock human creativity, kicking open a world where far more people can build, experiment and create than ever before. This vision is fast becoming reality – and we are about to accelerate faster than ever. Replit has raised $400m, valuing the company at $9bn, a three-times increase in just six months, reflecting the strength of our business and growth still to come.”

The post also announced the launch of Agent 4, described as the platform’s “most powerful agent yet, designed to put human creativity back at the centre of the building process”. It will supposedly enable users to design freely, ship anything, build together and move faster. 

Masad said: “With the new funding and the launch of Agent 4, I’ve never been more energised about the momentum and rate of change happening at Replit. 

“Humans and agents working together will create a future where anyone anywhere can turn an idea into something real – when you expand who gets to build, you expand what gets built. We’re still early in this new human-AI era with so much further to go.”

In October of last year, SiliconRepublic.com spoke with Sara Fikrat, the CPO of health-tech company Semble, about how vibe-coding can be an innovative tool in a range of sectors, with the potential to be a democratising force for industry professionals.

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