Category: business

Finance, startups, productivity

  • Endform secures €1.5M for high-performance web testing tools

    Stockholm-based Endform, a platform designed to run browser-based end-to-end tests at high speed, has raised €1.5 million in funding. The round was led by Alliance VC, Antler, First Fellow, and Greens, with participation from a group of strategic angel investors. Endform develops a platform that enables engineering teams to run browser-based end-to-end tests for web read more

    Endform secures €1.5M for high-performance web testing tools
  • Qover raises $12M from CIBC as it celebrates 10 years of embedded insurance growth

    Insurtech Qover today marks its 10th anniversary with a significant milestone: the extension of a $12 million growth capital facility from CIBC Innovation Banking, bringing total funding raised since inception to over $100 million. Founded in 2016 by Quentin Colmant and Jean-Charles Velge, Qover set out to make insurance simple, transparent, and accessible across borders read more

    Qover raises M from CIBC as it celebrates 10 years of embedded insurance growth
  • Enkei secures pre-seed funding to develop circular design materials

    Stockholm-based Enkei, a company developing circular materials for architecture and interior design, has closed a pre-seed funding round at a €3 million valuation. The round includes investors such as architect Anders Lendager, Christina Åqvist, Ulf Mattsson, and Fabian Månsson, alongside RadCap. It also brings in materials expertise from Thomas Granfeldt and Daniel Strömberg. Founded by read more

    Enkei secures pre-seed funding to develop circular design materials
  • Empirical Ventures secures £10M to back UK “venture scientists” building deeptech

    Empirical Ventures, a specialist deeptech Fund, has secured an additional £10 million British Business Bank commitment to back the UK’s best venture scientists,bringing its total support to £15 million. This partnership will accelerate Empirical’s mission to back the best venture scientists in the UK. Empirical Ventures was built to solve a specific problem: exceptional scientists read more

    Empirical Ventures secures £10M to back UK “venture scientists” building deeptech
  • German deeplify raises €2M to modernise infrastructure inspections

    German industrial AI startup deeplify has announced the successful closing of a €2 million pre-seed funding round. The round was led by D11Z Ventures, with participation from Vanagon Ventures, EWOR, and a group of strategic business angels. The investment will support the company’s mission to modernise how critical infrastructure is inspected and managed. The company read more

    German deeplify raises €2M to modernise infrastructure inspections
  • Midas closes $50M Series A to scale on-chain investment products

    Midas, a platform for composable on-chain investment products, has raised $50 million in Series A funding. The round was led by RRE Ventures and Creandum, with participation from Framework Ventures, HV Capital, Ledger Cathay, Franklin Templeton, Coinbase Ventures, M1 Capital, Anchorage Digital, FJ Labs, North Island Ventures and GSR. The round brings total funding to read more

    Midas closes M Series A to scale on-chain investment products
  • TerraSpark advances space-based solar power with €5M funding

    TerraSpark, a developer of space-based solar energy systems, has raised over €5 million in a pre-seed financing round. Investors include Daphni, better ventures, the Hans(wo)men Group, and a group of strategic business angels. TerraSpark is developing a long-term approach to energy generation based on space-based solar power, aiming to provide continuous energy independent of weather read more

    TerraSpark advances space-based solar power with €5M funding
  • miros raises €1.1M to bring on-demand workpods to public spaces

    miros, a Lausanne-based startup founded in 2023 and spun outof the EPFL ecosystem, announced the closing of a €1.1 million (CHF 1 million) Pre-Seed funding round from various business angels. miros is building a network of connected workpods to bring privacy, calm and comfort into public and semi-public spaces. Through its hardware and software platform, read more

    miros raises €1.1M to bring on-demand workpods to public spaces
  • IQM secures €50M to accelerate global growth

    Finland-based quantum computing startup IQM Quantum Computers has secured a €50 million financing package from funds and accounts managed by BlackRock. The funding is intended to support the company’s continued growth and strengthen its position in the global quantum computing market. The facility was secured ahead of IQM’s previously announced plans to become the first read more

    IQM secures €50M to accelerate global growth
  • Europe builds Microsoft-alternative ‘Euro-Office’ to reclaim digital sovereignty

    Today, a coalition of European enterprises and community organisations has launched Euro-Office, a solution for editing documents, spreadsheets and presentations, developed as a true sovereign community collaboration of over a dozen different organisations. A tech preview is available immediately. The effort, backed by major European tech firms including IONOS, Nextcloud, Eurostack, XWiki, OpenProject, Soverin, Abilian read more

    Europe builds Microsoft-alternative ‘Euro-Office’ to reclaim digital sovereignty
  • Qumulo launches Cork hub to build the backbone of AI-scale data

    Today data storage and cloud infrastructure company Qumulo announced the official launch of its European Software R&D hub in Cork. Through this strategic expansion, Qumulo will create 50 highly skilled R&D positions in the coming three years to solve the major challenges for data management at enormous scale and scope for global business. Information, derived read more

    Qumulo launches Cork hub to build the backbone of AI-scale data
  • Aleph Alpha’s former CEO lures Apple engineer from US to join European startup

    The co-founder and former CEO of high-profile German AI startup Aleph Alpha has today revealed fresh details about his new AI startup, which launched last month and is backed by a multi-million-dollar investment from the German consultancy Roland Berger. The new startup founded by Jonas Andrulis, who left Aleph Alpha last year after six years read more

    Aleph Alpha’s former CEO lures Apple engineer from US to join European startup
  • DSV and Renaissance Philanthropy set out to rewire crop resilience innovation

    Deep Science Ventures(DSV), a UK-based deeptech venture creator, and Renaissance Philanthropy, a nonprofit fueling a 21st-century renaissance by increasing the ambition of philanthropists, scientists, and innovators, today announce a venture-creation project designed for systemic intervention in crop resilience. The project is part of DSV and Renaissance Philanthropy’s existing partnership to form the Climate Emergencies Resilience read more

    DSV and Renaissance Philanthropy set out to rewire crop resilience innovation
  • Bioniq cashes in on personalised health boom with $150M Herbalife acquisition

    Bioniq, creator of personalised supplements based on blood biomarker analysis, has entered into an agreement for the sale of its assets to global nutrition company Herbalife. Founded in 2019, Bioniq develops personalised supplement formulas using its patented product personalisation engine, an individual’s health background, and a proprietary database of biomarkers. Bioniq’s personalised supplement formulations are read more

    Bioniq cashes in on personalised health boom with 0M Herbalife acquisition
  • Allday Goods raises £765K to scale its cult, recycled-plastic knife brand

    We don’t get many press pitches about consumer brands these days, so when I heard about a kitchen knife company that had raised VC funding, my interest was piqued. Allday Goods is an East London-based kitchenware brand crafting colourful, chef-quality knives. Ex-chef Hugo Worsley started making knives using recycled plastic and a toastie maker in read more

    Allday Goods raises £765K to scale its cult, recycled-plastic knife brand
  • Theia Insights grabs $8M to map the global economy with AI

    Cambridge-based deeptech companyTheia Insights has raised $8 million in Series A funding, led by MiddleGame Ventures, with participation from Further Ventures and Unusual Ventures. The round brings the company’s total funding to $14.5 million to date. Theia is addressing a structural limitation in financial markets: the lack of a real-time, accurate representation of the global read more

    Theia Insights grabs M to map the global economy with AI
  • Klarna veterans launch Galdera with €1.5M for AI financial modeling

    Stockholm-based Galdera Labs has launched with €1.5 million in pre-seed funding to develop an AI-driven platform for financial modelling. The round was led by J12 Ventures, with participation from Antler and angel investors with experience at companies including Klarna, DeepL, Stripe, and Plata. The company is addressing a common challenge faced by finance teams: financial read more

    Klarna veterans launch Galdera with €1.5M for AI financial modeling
  • Giraffe360 raises $10M Series B financing led by Cipio Partners

    Giraffe360, an AI-powered real estate marketing technology company, has closed a $10 million Series B funding round led by Cipio Partners. Existing investors, including Founders Fund, which led the company’s Series A, as well as Hoxton Ventures, LAUNCHub Ventures, and Change Ventures, also participated in the round. Giraffe360 is focused on transforming how real estate read more

    Giraffe360 raises M Series B financing led by Cipio Partners
  • Arkadia Space secures €14.5M EIC backing for green propulsion tech

    Spanish space company Arkadia Space has secured €14.5 million in funding from the European Innovation Council Accelerator. The package includes a €2.5 million grant, €6 million in equity from the EIC Fund, and €6 million in private investment. Beyond financial backing, the selection reflects direct institutional support from the European Commission for Arkadia’s green propulsion read more

    Arkadia Space secures €14.5M EIC backing for green propulsion tech
  • SOUS secures €4M to develop AI growth tools for restaurants

    Amsterdam-based SOUS, an AI-powered growth platform for independent food and beverage businesses, has raised €4 million in seed funding. The round was led by Seed +Speed Ventures, with participation from existing investor PeakBridge, alongside āltitude, Gekko Capital, and a group of experienced angel investors. As restaurant discovery increasingly shifts to digital channels, many operators face read more

    SOUS secures €4M to develop AI growth tools for restaurants