Category: business
Finance, startups, productivity
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Flinn secures $20M to develop AI tools for product lifecycle management in medtech and pharma
Vienna-based Flinn, a provider of AI-powered software designed to automate regulatory and quality processes in medtech, has raised $20 million in additional funding. The round was led by HV Capital, with participation from US-based healthcare investor BHI – Bertelsmann Healthcare Investments, alongside continued support from existing investors Cherry Ventures, Speedinvest, and SquareOne. The funding comes read more
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happyhotel secures €6.5M Series A to develop AI-based solutions for hotel revenue management
Munich-based happyhotel, a revenue management software provider serving independent hotels and hotel groups across Europe, has closed a €6.5 million Series A funding round. The round was led by venture capital firm Reimann Investors, with participation from existing investors including the Start-up BW Innovation Fund (managed by MBG Baden-Württemberg), seed + speed Ventures, and family read more
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Firecell and Accelleran unite in €7.9M-backed merger to simplify private 5G networks
5G companies Firecell and Accelleran today announce a merger to create a complete private 5G solution for industrial autonomy, critical infrastructure, and defence connectivity. The merger is backed by a €7.9 million investment round led by existing investors Matterwave Ventures, BPI France, Qbic, and Cogito Capital Partners. The merger brings together Firecell’s core network and read more
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Noxtua launches Europe’s first cross-border legal AI license
European sovereign legal AI Noxtua has introduced the market’s first Europe License, enabling legal professionals to access multiple European jurisdictions through a single interface with a single license, and to seamlessly cross-border legal work in a consistent Legal AI workspace. Europe’s legal landscape is characterised by distinct legal systems, languages, and traditions that shape the read more
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HeyCharge awarded €2.5M EIC grant to expand EV charging solutions for apartment buildings
Munich-based EV charging technology company HeyCharge has been awarded a €2.5 million grant from the European Innovation Council (EIC) Accelerator. The company, backed by BMW i Ventures, Statkraft Ventures, and Y Combinator, has raised €6.3 million in private funding to date. The funding comes as EV charging access in residential and workplace settings remains a read more
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Quantonation Ventures closes €220M quantum fund backed by Toshiba
A Paris and New York-headquartered quantum technology VC firm has closed what it says is the “largest-ever” dedicated quantum fund. Quantonation Ventures,an early-stage fund focusing on quantum tech, has closed a€220m fund,with investment from Novo Holdings, the investment arm of Danish drugmaker Novo Nordisk, electronics giant Toshiba and Vertex, the VC platform backed by Singaporestate read more
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Mondra and inoqo merge to build a product intelligence platform for the food sector
Mondra, a Scope 3 SaaS company serving the retail sector, and inoqo, a European sustainability intelligence platform, have announced a strategic merger that will combine their operations into a single global organisation focused on decarbonisation and resilience in the food system. The merger strengthens the combined company’s operational presence in mainland Europe and is intended read more
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UK legaltech adeus launches True Wills ahead of electronic will reforms
London-basedadeus, a legaltech company specialising in modernising will-writing and legacy planning, has launched adeus True Wills™, a service intended to help prevent wills from being lost, altered, or disputed after death. Founded in 2024 by entrepreneurs Nick Adams and Mark Hedley, the launch marks the first major product release from an innovation project supported by read more
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SurrealDB secures $23M and launches SurrealDB 3.0 to address AI agent memory challenges
London-based SurrealDB, the company behind a multi-model, AI-native database, has raised an additional $23 million in Series A funding, bringing the round’s total to $38 million. Chalfen Ventures and Begin Capital joined existing investors FirstMark and Georgian in the extension, while Mike Chalfen of Chalfen Ventures will join the company as a director. The latest read more
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nuuEnergy raises €4.3M to scale regional heat-pump installations
Munich-based energytech startup nuuEnergy, which focuses on building regional heat-pump installation businesses, has secured €4.3 million in seed funding. The round was led by amberra, the corporate venturing studio of the Cooperative Financial Network Volksbanken Raiffeisenbanken, with participation from EnjoyVenture and existing investors HTGF, Vireo Ventures, better ventures, and Bynd Venture Capital. The heat pump read more
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SatVu closes a £30M funding round to accelerate its multi-satellite constellation
SatVu, a UK-based thermal intelligence company that uses space-based data to analyse operational activity and infrastructure performance, has closed a £30 million funding round, bringing its total equity funding to £60 million. The round includes a strategic investment from the NATO Innovation Fund, alongside the British Business Bank, Space Frontiers Fund II (managed by SPARX read more
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212 NexT invests in advanced chemistry startup Aepnus
Turkish deep-tech fund 212 NexT, focused on advanced materials and industrial technologies, has participated in Aepnus’ pre-Series A funding round. Founded by Lukas Hackl and Bilen Akuzum and headquartered in the US, with additional operations in Canada and Germany, Aepnus is developing a modular alternative to conventional energy-intensive production methods. The company’s technology is designed read more
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British Business Bank invests up to £45M in VC fund targeting consumer brand startups
The British Business Bankis investing up to £45m in a VC fund which makes seed-stage investments in consumer brand startups and B2B tech that supports them. The UK state-backed bank is investing the funds in Redrice Ventures, saying it will help promising startups scale, commercialise research and attract follow-on investment. It is investing in Redrice’s£75m read more
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Klaris raises $1M to address regulatory challenges in medtech
London-based Klaris, an AI-driven medtech startup focused on automating regulatory compliance for medical device companies, has closed a $1 million pre-seed funding round. The round was led by Meridian Health Ventures, a specialist fund backed by Guy’s and St Thomas’ NHS Foundation Trust, King’s College Hospital, University College London Hospitals, and Cedars-Sinai Medical Center. Existing read more
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Paket Mutfak raises $3.8M to grow multi-brand cloud kitchen model
Paket Mutfak, a cloud kitchen software startup, has raised $3.8 million to support its ongoing expansion. The round included additional investment from existing backers such as Nokta Yatırım Holding, Ünlü & Co, and Fırat İşbecer, alongside new investors including Ali Sabancı, Sip & Bite GSYF, Robert Baler, and Corsini Global. The latest funding brings the read more
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Sendance secures investment to grow wearable sensor and data platform
Sendance, a startup developing sensor technology for collecting data from medical devices and assistive equipment, has raised new funding as part of its ongoing third investment round. The investment, structured as a convertible loan, was provided by Garage Angels, with Electron Capital Partners having participated earlier during the seed round. To date, the company has read more
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Austrian creator of viral OpenClaw joins OpenAI
The Austrian creator of the popular open-source AI assistant OpenClaw is joiningUS frontier lab OpenAI, in a move some see as a blow to the European tech ecosystem. OpenAI co-founder and CEO Sam Altman announced on X last night that “genius” software developer Peter Steinberger is joining the company to “drive the next generation of read more
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UK healthtech startup Nul raises $1M to support alcohol reduction efforts
Nul, a UK-based healthtech startup developing a supported alcohol reduction platform that combines clinical care and prescription medication, has raised $1 million in seed funding. The round was led by dmg ventures and BYVP, with participation from a group of angel investors. Alcohol use disorder and harmful drinking affect millions of people globally, while treatment read more
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The Fourth Law secures investment to advance drone AI for Ukraine
The Fourth Law (TFL), a Kyiv-based defence technology company, has secured a new funding round backed by Axon, a US public safety technology group. TFL develops AI and robotics solutions for defence and public safety, with a focus on autonomy technologies. The company builds an autonomy-focused software stack that includes simulation and analytical tools, autonomous read more
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Sitegeist secures €4M pre-seed for AI modular robots in construction
Munich-based construction robotics startup Sitegeist has raised €4 million in a pre-seed funding round co-led by b2venture and OpenOcean, with participation from UnternehmerTUM Funding for Innovators and several angel investors, including Verena Pausder, Lea-Sophie Cramer, Alexander Schwörer, and additional strategic backers from the construction and robotics sectors. Across Europe, ageing bridges, tunnels, parking facilities, and read more
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