Category: business
Finance, startups, productivity
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Shellworks raises $15M to scale sustainable plastic alternative Vivomer
London-based biomaterials company Shellworks has raised $15 million in a Series A funding round led by Paris-based impact investment fund alter equity. The round also included participation from Nat Friedman (NFDG) and JamJar, founded by the creators of Innocent Drinks, alongside existing investors Founder Collective, LocalGlobe and Third Sphere. Founded in 2019, Shellworks develops and read more
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Techstars calls time on Turin accelerator
Techstars, theglobal startup accelerator and VC firm which provides funding and support for early-stage startups, is ending its accelerator programme in Turin, marking its latest exit from a European city. Martin Olczyk, Techstars former managing director, said: “I’m closing a very special Techstars chapter as our programme in Turin comes to an end.” Techstars closing read more
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Spain’s PLD Space raises €180M to scale satellite launch infrastructure
International space transportation company, PLD Space, has closed a €180 million Series C equity funding round led by Mitsubishi Electric Corporation. The round included the Spanish Ministry of Science, Innovation and Universities, through the Centre for the Development of Technology and Innovation (CDTI) and its INNVIERTE fund, and the Spanish public funds management company COFIDES, read more
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Bootstrapped to €500M: the story behind Kilo's quiet rise — and its next billion-dollar bet
As consumer health shifts toward longevity, quantified wellness and personalised nutrition, one of Europe’s fastest-growing health tech companies is repositioning itself for the next wave. Founded in 2013, Kilo Health — now rebranded simply as Kilo — rose to become the second-fastest-growing company in Europe in 2022. After building direct-to-consumer health brands used by over read more
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UK self-driving startup Oxa raises $103M to scale industrial deployments
British self-driving startup Oxa has raised $103 million from investors to expand autonomous vehicle operations at ports, airports, warehouses and other industrial sites. The company said $50 million of its Series D funding came from the UK’s National Wealth Fund, with additional investments from chipmaker Nvidia’s venture arm NVentures and BP’s bp Ventures. The round read more
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EIF makes largest defence investment yet with €50M backing for Join Capital
The European Investment Fund (EIF), part of the EIB Group, today announced a €50 million commitment to Join Capital’s third fund as Europe moves from defence spending announcements to rebuilding industrial capability. The commitment is the EIF’s largest to date in defence and is supported by the InvestEU Defence Equity Facility, which is designed to read more
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Diligent AI raises $2.5M to support KYC and AML teams with AI agents
London-based Diligent AI, a Y Combinator-backed startup developing autonomous AI analysts for financial crime compliance, has raised $2.5 million in seed funding. The round was led by Speedinvest alongside fintech investor Shapers, with participation from strategic angel investors including the CEOs and founders of N26, Allica Bank, IDnow, Billie and Cybersource (acquired by Visa). KYC read more
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GHARAGE Ventures launches Fund I and opens global travel platform
GHARAGE Ventures has launched its €40 million Fund I, positioning itself as an independent venture capital platform focused on early-stage technologies shaping the future of global travel and retail. Anchored by Gebr. Heinemann, the firm plans to collaborate with additional strategic investors to support innovation across the travel and retail ecosystem. As air travel continues read more
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Photoncycle raises €15M to scale seasonal energy storage in Europe
Norwegian energy storage scale-up Photoncycle has raised €15 million in Series A funding to address a key renewable energy challenge in Europe: enabling households to store surplus summer solar power for winter heating and electricity. The round was led by NordicNinja and Voima Ventures, with participation from existing investors Lifeline Ventures, Eviny Ventures, Luminar Ventures read more
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Brilliant Labs, Neuphonic and TheStage AI partner to bring privacy-first, cloud-free AI to smart glasses
Startups Brilliant Labs, Neuphonic and TheStage AI today announced a strategic partnership to enable frontier AI in wearable technology without the latency and privacy compromises of cloud computing. Currently, AI inference, such as audio or image analysis, relies on models hosted in the cloud, creating unnecessary latency and risking user data exposure. This partnership addresses read more
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Groundhawk raises €2M to digitise Europe’s underground infrastructure
Finnish infrastructure software technology company Groundhawk has raised €2 million in Seed funding to transform how underground utilities are mapped and documented. As Europe invests heavily in electricity grids, fibre networks, EV charging and renewable integration, a critical weakness remains: underground infrastructure is still documented using outdated, post-construction surveys and estimates. The result is over read more
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DeepIP secures $25M Series B to embed AI across the patent lifecycle
AI patent platform DeepIP has raised $25 million in Series B funding, bringing total capital raised to $40 million. DeepIP is a workflow-native AI platform built to support patent professionals across the full patent lifecycle — from early innovation through enforcement and portfolio evolution. Designed to integrate directly into existing workflows, DeepIP helps both law read more
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From Mac utilities to AI ecosystem: MacPaw’s next act
Founded in Kyiv in 2008, MacPaw has grown into a global technology company building a digital ecosystem designed to supercharge productivity for Mac users. With an office opened in Boston in 2023 and others and across the EU, the company is evolving beyond standalone utilities into a unified software experience blending system care, cybersecurity, app read more
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Antiverse secures $9.3M Series A for AI antibody platform
UK-based Antiverse, a biotech company developing AI-designed therapeutic antibodies for hard-to-target disease targets, has closed a $9.3 million Series A round led by Soulmates Ventures, with participation from Innovation Investment Capital, DOMiNO Ventures and existing investors DBW, Kadmos Capital and i&i Biotech Fund. The financing brings Antiverse’s total capital raised to more than $20 million. read more
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BioInnovation Institute backs five startups with €1.3M in follow-on funding
BioInnovation Institute (BII), an initiative of the Novo Nordisk Foundation, has awarded an additional €1.3 million in follow-on funding to five portfolio startups,bringing total support per company to up to €1.8 million. The funding is intended to support product development, operational scaling and progress toward market deployment across healthtech, agritech, climatetech and deeptech. The announcement read more
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Bindbridge raises $3.8M for next-generation crop protection
Cambridge-based Bindbridge has secured $3.8 million in early-stage funding from Speedinvest and Nucleus Capital to advance next-generation crop protection aimed at improving crop resilience and agricultural productivity. Traditional crop protection methods face growing constraints due to environmental persistence, human health concerns and rising herbicide resistance, leaving farmers with fewer effective options as global food demand read more
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baCta secures €7M to advance programmable microbial factories
Paris-based baCta, an industrial biotech startup developing an AI-powered bioproduction platform for industrial ingredients, has closed a €7 million seed funding round led by LocalGlobe and Daphni, with participation from OVNI Capital and several business angels, including founders of Phagos, Genomines and Mistral AI. Read our earlier interview with Mathieu Nohet, CEO and co-founder of read more
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Qura secures €1.5M to rethink health management in Europe
Milan-based Qura, an AI-powered full-stack health platform, has closed a €1.5 million pre-seed round led by United Ventures, with participation from Vento, Italian Angels for Growth (IAG) and several individual angel investors. An estimated one in five adults experiences persistent subclinical symptoms, such as chronic fatigue, hormonal imbalances, digestive issues or unexplained hair loss, that read more
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Mycoverse raises €2.4M pre-seed to tackle potato late blight in Europe
Mycoverse, an agritech spin-out from the Technical University of Denmark (DTU) developing fungal-based biological crop protection, has raised €2.4 million in pre-seed equity funding. The round was co-led by Future Food Fund and High-Tech Gründerfonds (HTGF), with participation from PINC, the venture arm of Paulig, bringing the company’s total funding to €4.3 million. The crop read more
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Flink lands $100M to advance targeted expansion
Berlin-based Flink, a quick commerce operator active in Germany and the Netherlands, has secured around $100 million in new growth capital. The round was led by Prosus and other existing investors, with Btomorrow Ventures, the corporate venture arm of BAT, also participating. Founded in 2021, the company operates a network of local fulfilment hubs that read more
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