Category: business
Finance, startups, productivity
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Swedish startup Berget AI lands €2.1M as demand grows for sovereign AI in Europe
Swedish AI company Berget AI has raised €2.1 million (SEK 24 million) in funding. The investment comes at a time when AI is rapidly becoming critical infrastructure, while increasing regulatory requirements, geopolitical tensions, and the EU’s new AI legislation are driving growing demand for local control of data and AI workflows. Berget AI was founded read more
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Fleet opens its capital at a €100M valuation after seven years of bootstrapping
Fleet, a French scale-up specialising in IT fleet management, equipment, and security for SMEs, announces the entry of ISAI Expansion into its capital through its ISAI Expansion III fund at a €100 million valuation. After seven years of existence and having been entirely bootstrapped to date, Fleet is opening its capital to external investors for read more
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Menotracker wants to fix menopause symptom tracking — without selling user data
Menotracker, the AI-powered menopause-tracking app, has launched in partnership with the privacy technology company ConsentKeys consentkeys.com to become the first and only women’s health application that will never store users’ personal data. The Menotracker app transforms perimenopause and menopause symptoms into personalised insights and support. I spoke to the startup’s CEO, Sonja Rincón, to learn read more
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Incard closes £10M Series A to expand its financial platform
London-based Incard, a financial platform for high-growth digital companies, has raised £10 million in Series A funding led by Smartfin, with participation from Founders Capital, MountFund, and angel investors. Incard was founded to address limitations in traditional business banking, which often requires founders to manage cash flow, invoicing, and spending across multiple disconnected tools. Created read more
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Constructor Capital closes $110M Fund I for science-first founders
Constructor Capital, the Swiss venture arm of the Constructor Group ecosystem, has closed its first fund at $110 million to invest in seed and Series A startups across deeptech, software, and edtech. The fund follows a science-focused approach to sourcing, due diligence, and company support, drawing on a network of more than 50 universities and read more
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Biorce raises $52M to support global rollout of its AI clinical trial platform
Barcelona-based Biorce, a health AI company focused on clinical trial design and execution, has closed a $52 million Series A round. The financing includes new investment from DST Global Partners, with existing investors Norrsken VC and YZR Capital increasing their participation, alongside Mustard Seed Maze. The round also includes angel investors such as Arthur Mensch, read more
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More European SPAC IPOs to come, says Einride boss
The CEO of Swedish autonomous truck startup Einride believes more European startups will follow Einride and go public via a SPAC. Einride is going public on the New York Stock Exchange via aSPAC(Special Purpose Acquisition Company), a vehicle which isdesigned as an alternative route for companies to go public. The SPAC IPO values Einride at read more
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The tech gender gap in the UK will not be equal until 2060
The UK loves to congratulate itself on innovation. We have world-class universities, globally admired research and a spinout ecosystem that, compared to many other countries, does a respectable job of turning ideas into companies. Ministers talk up ‘science superpower’ ambitions, vice-chancellors celebrate exits and investors marvel at the density of talent clustered around our campuses. read more
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Carne Group secures strategic investment from Permira at a €1.4B valuation
Carne Group, Europe’s largest independent third-party management company and a provider of fund regulation and governance services, has agreed to sell a significant minority stake to funds advised by Permira at an enterprise valuation of €1.4 billion. As part of the transaction, Vitruvian Partners will exit its minority stake acquired in 2021, alongside several other read more
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Mos Health secures $1.1M to expand personalised health offerings
Mos Health, a Polish-American startup developing an AI-based health platform for personalised protocols and supplements, has raised $1.1 million in a pre-seed round co-led by SMOK Ventures and Movens Capital, with participation from Tomasz Karwatka, Piotr Karwatka, Anna Lankauf, and others. Mos Health is a preventive health and lifestyle wellness company focused on making health read more
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EU commits €10M to accelerate Ukraine's digital integration with Europe
The European Union has allocated €10 million to support the development of digital public services in Ukraine and their alignment with European standards. According to Oleksandr Bornyakov, Acting Minister of Digital Transformation of Ukraine, cooperation with the European Union and the Academy of Electronic Management is a long-standing success story that laid the foundation for read more
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Spotify confirms Turkish office opening
Spotify has confirmed it will open an office in Turkey, saying the country is a “priority market”, following aspat between the streaming giant and the Turkish government. Spotify said it will open an office in Istanbul by the end of June, saying “opening an office in Istanbul is not a symbolic move for Spotify,it’s a read more
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Qilimanjaro launches EduQit, a modular build-your-own quantum computer for education and research
Qilimanjaro Quantum Tech today announced the release of EduQit, a modular quantum computing kit designed to enable hands-on training, experimental learning, and early-stage research using an on-site superconducting quantum computing system. EduQit enables universities and research institutions to work directly with a physical quantum computing system. This provides hands-on experience with hardware, control systems, operations, read more
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Radiant joins Hexa’s Carbon Zero programme and raises €2M to decarbonise industrial heat
Radiant (formerly Neamine) has been selected to participate in Hexa’s Carbon Zero acceleration programme and has closed a €2 million funding round, with minority participation from the business angel networks Tiresias Angels and Selim Cherif. Industrial heat accounts for more than 70 per cent of total industrial energy consumption, yet it remains largely dependent on read more
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Brickanta closes $8M round to expand AI use in construction planning
Stockholm-based Brickanta, an agentic AI platform for the construction industry, has closed an $8 million seed funding round led by Northzone. The round includes participation from global sports figures, founders of Lovable and Tandem Health, angel investors affiliated with OpenAI, Google, and Meta, as well as continued backing from Y Combinator and SSE Business Lab. read more
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Nordic challenger bank Lunar raises €46M, as looks to grow business users
Lunar, the Nordic digital challenger bank, has raised €46 million in fresh funding, with the funds geared towards growing its business customers and supporting the launch of a suite of new lending products. Lunar, which has over one million users across the Nordics, has raised the funding from existing investors Heartland and Orbit Alliance and read more
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$1M+ raise for construction startup Arctis AI led by former fencing champion Dila Ekrem
The construction and real estate sector is Europe’s largest industry, yet it remains largely dependent on manual and disconnected processes. This inefficiency is becoming critical as the sector faces a massive wave of activity, driven by a €584 billion requirement for power grid upgrades and an estimated €500 billion in transport infrastructure modernisations across Europe read more
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Footprint Firm closes €76M Article 9 deeptech Fund for the green transition
The Footprint Firm has completed the final closing of Footprint Fund I, an Article 9 €76 million venture fund. The fund focuses on early-stage deeptech companies in the green transition in Northern Europe. Footprint Fund I is the first fund in The Footprint Firm’s venture platform and has already invested in 20 startups, including Reel read more
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Rainbow Weather raises $5.5M seed to build real-time environmental intelligence for a climate-volatile world
Rainbow Weather, a next-gen climate tech startup specialising in hyper-localised short-term weather forecasting, announced it has raised $5.5M Seed funding round. Rainbow Weather has developed a real-time, AI-driven weather intelligence platform that fuses satellite imagery, radar, meteorological stations, and even smartphone sensor data to deliver highly precise, minute-level forecasts and severe-weather detection. The company now read more
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MyARC launches new platform for fitness creators following €2M+ funding round
London-based MyARC, a platform that enables fitness creators to train their communities at scale, has secured more than $2 million in funding, with participation from Araya Ventures, Morgan Stanley, Techstars, and G Fund. Alongside the funding, the company has launched a next-generation version of its platform aimed at supporting the operation, monetisation, and growth of read more
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