Category: business
Finance, startups, productivity
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Elaia closes €134M fund DTS3 to back Europe’s next generation of breakthrough startups
Elaia has closed its third deep tech seed fund (DTS3) at €134million, double the size of its previous deep tech seed funds. The fund is developed in partnership with leading European research institutions, including PSL, INRIA, CNRS, the Barcelona Supercomputing Centre, and the Max Planck Foundation. Since its first close of €60 million in March read more
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Neuramancer lands €1.7M pre-seed to scale deepfake detection tools
Neuramancer AI Solutions GmbH (formerly Neuraforge) has closed a €1.7 million pre-seed funding round led by Vanagon Ventures, with participation from Bayern Kapital and a group of additional venture capital firms and business angels. The investment consortium also includes the Nuremberg-based ZOHO.VC and family office Lightfield Equity. In addition, the founding team is supported by read more
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Cleafy raises €12M to expand financial fraud detection technology
Milan-based Cleafy, a cybersecurity company focused on the banking sector, has raised €12 million in a Series B funding round co-led by United Ventures and eCAPITAL, bringing the company’s total funding to €22 million. Traditional security and anti-fraud systems often operate in silos, analysing isolated signals or individual transactions using predefined rules. As a result, read more
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Here is what to expect at the Tech.eu Summit London 2026
The Tech.eu Summit London 2026 is set to take place on 21–22 April 2026 at the Queen Elizabeth II Centre in London, bringing together leading founders, investors and technology professionals from across Europe and beyond for two days of in-depth discussions, practical insights and meaningful connections. As the event draws closer, here is a closer read more
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Pure Data Centres and AVK deploy Europe’s first large-scale microgrid
Hyperscale cloud and AI data centre developer and operator Pure Data Centres Group, together with AVK, a provider of prime, standby and dispatchable power solutions for data centres and AI infrastructure, today announced the launch of Europe’s first, large-scale, 110 MW on-site microgrid, developed to support early‑phase site operational resilience. Located within Pure DC’s Dublin read more
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Revolut wins full UK banking licence, as finally exits mobilisation phase
Revolut has been awarded a full UK banking licence, after regulators lifted restrictions on the UK challenger bank, which had lasted for an extended time. Revolut, valued at $75bn,today said it had received regulatory approval from the Bank of England’s Prudential Regulation Authority (PRA) to exit the mobilisation phase, and launch as a bank in read more
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Spotlight Pathology has raised £1.4M to catch blood cancer sooner
Spotlight Pathology, a UK healthtech company, has raised £1.4 million in seed investment to support its development of AI software that analyses digital pathology images to support clinicians in identifying blood cancers faster and consistently. Blood cancers are among the hardest to diagnose, often requiring multiple reviews by specialist pathologists. Delays can have serious consequences read more
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Another Earth secures €3.5M to scale AI data and simulation platform
Another Earth, a company developing AI-powered simulation and synthetic data for Earth observation, has raised a total of €3.5 million in funding. The round includes new investment from Wake-Up Capital alongside existing investors Rockstart, Inovexus, and Stamco AG, as well as support from the Austrian Research Promotion Agency (FFG) and Austria Wirtschaftsservice (AWS). Based in read more
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Samaipata launches €110M Fund III to back Europe’s next generation of AI-native startups
VC firm Samaipata has launched its third fund – Samaipata III – a €110 million vehicle aimed at backing early-stage tech startups building on the AI wave. Samaipata plans to invest in 25 to 30 early-stage companies, with the capacity to deploy up to €10 million per startup over time. The main focus is on read more
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Sybilion secures $4.2M to build AI platform for industrial markets
Sybilion has closed a $4.2 million seed funding round to develop what it describes as a decision platform designed to help industrial companies respond earlier to market changes and manage margin exposure in volatile conditions. The round was co-led by Venturefriends and Semapa Next and follows the company’s $600,000 pre-seed round, announced a few months read more
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Decoding DNA with AI: Living Models emerges from stealth with $7M
Living Models, a Paris–Berkeley startup, has raised $7 million in seed funding as it emerges from stealth to develop foundation models for biology trained on DNA, RNA, and multi-omics data aimed at improving understanding of biological systems. To support the next stage of development, the company has also secured access to a computing cluster of read more
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This open-source bet is paying off as United Manufacturing Hub takes on industrial giants
For years, manufacturers have experimented with Industry 4.0 — running pilots in predictive maintenance, production monitoring, and AI-driven optimisation. Yet many of these initiatives struggled to move beyond proof-of-concept. The underlying problem wasn’t a lack of ideas, but the difficulty of accessing and structuring machine data across complex factory environments. United Manufacturing HubSystems (UMH) is read more
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Mental health startup Bliss raises $270K to build culturally intelligent AI for therapy
Originally founded in Albania and headquartered in Finland, mental health startup Bliss has raised $270,000 in angel funding led by Keiretsu Forum, Finest Love VC, and Plug and Play to develop AI infrastructure designed to support culturally aware therapy services. The round combines angel investment and non-dilutive grants and represents the first Albanian-Finnish startup investment read more
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Estonia leads Europe in fintech growth as Wallester becomes the sector’s fastest-growing company
The Financial Times and Statista have unveiled the 10th edition of the FT1000: Europe’s Fastest Growing Companies, confirming Estonia’s position as a powerhouse for financial innovation. Leading the national charge for the second consecutive year is Tallinn-based fintech Wallester, which has surged into the Top 40 of the overall European ranking. Securing the 38th position read more
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Deep Science Ventures launches new doctoral cohort to turn science into startups
Deep Science Ventures has funded the third cohort of its Venture Science Doctorate programme, which empowers a new archetype of Venture Scientist to solve neglected health and planetary challenges. Starting this April, the next cohort of five venture scientistswill be supported by a funding consortium led by SPRIND, Germany’s Federal Agency for Breakthrough Innovation, and read more
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finperks raises $4M pre-seed to build prepaid payments infrastructure
Berlin-based finperks has closed a $4 million pre-seed funding round led by Motive Partners and seed+speed Ventures. The company is developing API infrastructure for the global prepaid market, including gift cards, eCash, and prepaid cards, a sector projected to reach $4.24 trillion by 2035. Demand for digital rewards, cashback, and employee benefits continues to grow, read more
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Trump administration’s mixed messaging sparks wild swings in oil markets
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Chris Wright, the US energy secretary, on Tuesday afternoon declared a huge potential breakthrough for energy markets rattled by the Iran war. With the conflict raging, Wright wrote on X that the US read more
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EIC Scaling Club companies double peer funding growth with 66% increase
A recent report reveals that in the past 14-20 months, EIC Scaling Club members have achieved an average funding growth of 66.66 per cent. That is more than double the control group, which saw just 26 per cent growth in the same time period, according to the EIC Scaling Club Impact Report. Supporting Europe’s most read more
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Legaltech Legora raises $550M Series D at $5.55B valuation to accelerate US expansion
Legora, the collaborative AI platform for lawyers, today announced it has raised $550 million at a $5.55 billion valuation in a Series D funding round to accelerate its expansion across the United States. The round was led by Accel, with participation from existing investors Benchmark, Bessemer Venture Partners, General Catalyst, ICONIQ, Redpoint Ventures, and Y read more
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Avvoka secures £14M to expand AI drafting tools for law firms
UK-based legaltech platform Avvoka has secured £14 million in growth funding in a round led by Valhalla Ventures, founded by Mark and Lindy O’Hare. Avvoka develops AI-powered drafting infrastructure for law firms, helping legal teams convert legal documents into structured templates that can be reused and refined over time. Its automation engine uses large language read more
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