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Start-ups – Silicon Republic

Bloomberg: UK AI chips start-up Fractile could raise $600m AI chip start-up Etched raises $700m at $21bn valuation Gravis Robotics a Swiss unicorn after $200m raise Nvidia-backed CodeRabbit valued at $1.5bn after $143m funding round Sweden's Lovable valued at $13.3bn with Scaleup Europe Fund backing Coding start-up Cognition eyes $40bn valuation in new round - Bloomberg Irish co-founded legal-tech Wordsmith extends Series B to $84m Top Google minds quit to build AI that accelerates research AI cloud start-up Volta valued at $2.4bn, inks $10bn Anthropic deal Derry tech founder wins £75k Innovate UK Women in Innovation Award Finnish space-tech Iceye bags €300m from Scaleup Europe Fund EU’s $5bn Scaleup Europe Fund to begin backing companies Irish co-founded crop science start-up Wild Bio acquires F1 Seed FT: Germany’s The Exploration Company eyes $2bn valuation Irish co-founded agritech start-up Moa closes £22.2m Series C round Spain's Multiverse Computing raises $570m at $1.7bn valuation Samsung in talks to back France's Mistral at €20bn valuation - FT UK-based Humanoid secures $152m Series A funding Cambridge's CuspAI launches AI Materials Foundry, confirms $450m raise 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
Dublin document automation start-up Better Futures raises...
Suhasini Srinivasaragavan · 2026-05-21 · via Start-ups – Silicon Republic

From left: Anthony Mc Loughlin, Better Futures; Amanda Ward and Edward Byrne, Enterprise Ireland. Image: Paul Sharp/Sharppix

The start-up is building towards a larger VC-led investment round, said CEO Anthony Mc Loughlin.

Dublin-based automation platform Better Futures has raised €600,000 from Enterprise Ireland, under its High Potential Start-Up programme, and private angel investors to expand its product and go-to-market teams.

The round brings the 2023-founded start-up’s tally to €1.1m in total funding raised.

The start-up wants to reduce the time spent by engineering teams managing documentation. Its AI platform – called ‘EVA’ and specifically designed for governed automation – enables teams to encode regulation, standards, rules, templates and expert knowledge upfront, and use that knowledge to automate and validate documentation workflows, according to the company.

The funding announcement coincides with the launch of Better Futures’ next-generation of EVA, which it said is designed to scale customer use cases across complex engineering documentation workflows and enable broader self-service adoption.

The launch builds on the start-up’s experience with early customers, including manufacturers ABB and Bausch+Lomb, Better Futures said. It raised €500,000 in a pre-seed round in 2024 to launch EVA.

The NovaUCD-headquartered company said it will use the freshly raised funds to further develop EVA and also expand customer adoption across regulated industries including energy, life sciences, aerospace and advanced manufacturing.

“In highly regulated industries, engineers can spend more time on documentation than engineering itself. AI can help automate but it is not just about generating content faster. The key challenge is trust,” said Anthony Mc Loughlin, the founder and CEO of Better Futures.

“[EVA] is a governed AI platform designed to bring trusted automation to complex engineering documentation workflows.”

The start-up is building towards a larger VC-led investment round to accelerate growth and establish leadership in this emerging market, Mc Loughlin added.

Better Futures is also a client company of the European Space Agency (ESA) Business Incubation Centre (BIC) Ireland initiative at NovaUCD.

ESA BIC Ireland – managed by ESA Space Solutions Centre Ireland, a consortium partnership made up of a number of Irish universities – supports companies in the country that are using space technology and data.

Amanda Ward, the head of digital technologies at Enterprise Ireland, said: “AI is now central to Ireland’s start-up ecosystem, with a new generation of AI-first Irish founders building from Ireland for international customers.

“Better Futures is a clear example of that ambition – applying AI to a genuine commercial challenge in highly regulated industries, where AI adoption must be low-risk, informed and commercially grounded.”

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