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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
Karb AI named Digital Start-up of the Year for Northern I...
Laura Varley · 2026-06-17 · via Start-ups – Silicon Republic

Karthik Bangalore Rajendra Prasad. Image: Karb AI

The platform performed well at the 2026 UK start-up Awards and was recognised for its work in ecommerce advertising for Meta and Google promotions.

Belfast-based technology company Karb AI has come away from the 2026 UK Start-up Awards with the Digital Start-up of the Year title for Northern Ireland (NI). The ad optimisation tool for ecommerce brands and agencies was recognised for an ‘AI layer’ that impacts how ecommerce advertises for Meta and Google promotions.  

Established in 2025 by Karthik Bangalore Rajendra Prasad, Karb AI enables ecommerce platforms to audit, optimise and scale digital advertising. Its flagship product is an AI decision layer for ecommerce Meta ads.

The UK Start-Up Awards, which were founded by prof Dylan Jones Evans aim to celebrate the ambition and resilience of the entrepreneurs driving the economy. As the NI winner, Karb AI will progress to the UK Start-up Awards national final to be held on 9 September at Ideas Fest in Champneys Tring, an event projected to attract 6,000 founders, investors and leaders.

Commenting on the win, Prasad said, “Winning the Digital Startup of the Year for Northern Ireland is a significant milestone for us as we approach our first anniversary. Our mission is to empower ecommerce brands with AI-driven insights that simplify complex advertising decisions and this recognition from the UK Start-Up Awards validates the many benefits we’re already delivering for digital marketers and ecommerce companies.”

Also this week, University College Dublin’s (UCD) Nax Bioscience and Trinity College Dublin’s (TCD) Imragen were awarded the top spot at the inaugural Irish Genomics Business Plan Competition, an initiative established to identify and support high-potential genomics-focused start-ups and research ventures in Ireland’s life sciences ecosystem.

Both Nax Bioscience and Imragen were selected as the winners in recognition of their innovative genomics-driven technologies and strong commercial potential. 

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