Category: business

Finance, startups, productivity

  • NEOintralogistics secures €3M to democratise warehouse automation through RaaS

    German robotics-as-a-service (RaaS) provider NEOintralogistics has closed a €3 million seed funding round, led by the Amadeus APEX Technology Fund with participation from Cetus Holding. The need for accessible automation solutions continues to grow. While automation can deliver significant operational cost savings, adoption has been constrained by high upfront investment requirements. As a result, many read more

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    NEOintralogistics secures €3M to democratise warehouse automation through RaaS

  • French accounting software platform Pennylane raises $200M

    French accounting software platform Pennylane has raised $200m in a funding round, but says it had no immediate need for the fresh funds. The round was led by growth investor TCV, with Blackstone Growthand existing investors, including Sequoia, DST Global and the venture arm of Alphabet, CapitalG, also participating. The funding round values Pennylane at read more

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    French accounting software platform Pennylane raises 0M

  • Orbem raises €55.5M Series B to scale AI-powered MRI technology

    Munich-based Orbem, a deeptech company applying artificial intelligence to magnetic resonance imaging to analyse food and biological systems, has closed a €55.5 million Series B financing round. The round was led by Innovation Industries, with participation from Supernova Invest and follow-on investments from existing backers, including General Catalyst, 83North, The Venture Collective, Possible Ventures, and read more

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    Orbem raises €55.5M Series B to scale AI-powered MRI technology

  • British Business Bank invests £25M in Kraken Technologies

    The UK government-backed British Business Bank (BBB) is taking a £25m stake in Kraken Technologies, the software entity being spun out of Octopus Energy, marking the bank’s biggest ever direct investment into a private firm. Octopus Energy sold a $1bn stake inKraken last month to a syndicate of investors, paving the way for its demerger read more

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    British Business Bank invests £25M in Kraken Technologies

  • GeneralMind raises $12M to build AI autopilot for operational workflows

    Berlin-based GeneralMind, an AI-based system focused on automating operational and coordination tasks in supply-chain environments, has closed a $12 million equity financing round. The round was led by Lakestar, Leo Capital, LucidCapital, Heliad, and BOOOM, with additional participation from angel investors including Alexander Kudlich, Jens Urbaniak, and Samir Sood. Many enterprises continue to rely on read more

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    GeneralMind raises M to build AI autopilot for operational workflows

  • Stoïk raises €20M to strengthen its position in the European cyber risk market

    Paris-based Stoïk has completed a €20 million Series C funding round co-led by Impala, which joins as a new investor, and Opera Tech Ventures, an existing investor. Current investors Alven and Andreessen Horowitz also participated in the round. Stoïk is a European insurtech focused on cyber risk coverage for companies with revenues of up to read more

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    Stoïk raises €20M to strengthen its position in the European cyber risk market

  • Stilla emerges from stealth with $5M to address collaboration challenges in AI-driven companies

    Stockholm-based Stilla has emerged from stealth with $5 million in pre-seed funding to develop an intelligence layer designed to support collaboration between humans and AI within product teams. The round was led by General Catalyst, with participation from a group of angel investors. As organisations accelerate the adoption of AI across workflows, coordination has become read more

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    Stilla emerges from stealth with M to address collaboration challenges in AI-driven companies

  • Dresden medtech Cancilico closes €2.5M round to advance AI in oncology

    Cancilico, an AI diagnostics startup specialising in blood cancer, has raised €2.5 million in Seed funding. The Dresden healthtech startup was founded in 2023 as a spin-off of the EKFZ for Digital Health at TUD Dresden, University of Technology, and University Hospital Dresden. The company develops AI-driven diagnostic solutions for haematology to automate and improve read more

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    Dresden medtech Cancilico closes €2.5M round to advance AI in oncology

  • Lakestar-backed German drone maker Twentyfour Industries emerges from stealth

    A Munich-based drone maker, backed by Lakestar, has come out of stealth, trumpeting its sovereign defence production credentials. Called Twentyfour Industries, the startup, incorporated in late 2024, has raised $11.8m from Lakestar, OTB Ventures, and 468 Capital. It says it hasmoved from product design to production and field deployment of European drones in less than read more

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    Lakestar-backed German drone maker Twentyfour Industries emerges from stealth

  • Isle of Man launches National AI Office with £1M investment

    The Isle of Man Government has officially launched its National AI Office (NAIO) digitalisleofman.com/naio, a new function designed to help the Island harness AI in a practical, sustainable and responsible way. This marks a significant step in establishing a clear, coordinated national approach to the responsible adoption of artificial intelligence. Backed by a £1 million read more

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    Isle of Man launches National AI Office with £1M investment

  • TeamFeePay announces £9M funding round and European expansion plans

    Belfast-based sports technology company TeamFeePay has completed a £9 million equity funding round to support expansion into new markets and planned recruitment. The round was led by investments from YFM Equity Partners and the Investment Fund for Northern Ireland (IFNI), managed by Clarendon Fund Managers. Additional participation came from Techstart and a group of private read more

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    TeamFeePay announces £9M funding round and European expansion plans

  • Ananda Impact Ventures secures €73M first close for fifth Core Impact Fund

    Ananda Impact Ventures has completed a €73 million first close of its fifth Core Impact Fund, exceeding its €50 million target and representing the largest first close in the firm’s 16-year history. The fund is backed by a mix of returning and new investors, including the European Investment Fund (EIF), NRW.BANK, Investcorp-Tages, Mercator Foundation, and read more

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    Ananda Impact Ventures secures €73M first close for fifth Core Impact Fund

  • Anzen Industries raises $2.2M for chemical production innovation

    UK-based deeptech startup Anzen Industries has raised $2.2 million in pre-seed funding, led by LocalGlobe and Creator Fund, with participation from strategic angel investors across the UK, EU, and US, including Konstantin von Unger and early-stage investor Cory Levy. Founded by scientists Amy Locks and Pedro Lovatt Garcia, Anzen Industries is a biomanufacturing company focused read more

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    Anzen Industries raises .2M for chemical production innovation

  • Vanagon Ventures closes €20M Fund I to back deeptech startups

    Vanagon Ventures, a German deeptech venture capital firm, has reached the final close of its €20 million Fund I. The fund is backed by Allocator One, alongside additional limited partners including family offices and high-net-worth individuals, senior technology executives from companies such as Apple and Google, and unicorn founders from the Munich ecosystem. Vanagon Ventures read more

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    Vanagon Ventures closes €20M Fund I to back deeptech startups

  • CoolSem Technologies raises pre-seed funding for wafer-level thermal innovation

    CoolSem Technologies, a semiconductor thermal management company, has closed a pre-seed funding round led by High-Tech Gründerfonds (HTGF), with participation from KBC Focus Fund NV, the Brabant Development Agency (BOM), and TTT Green Tech B.V. (SHIFT Invest). As chips become an increasingly critical resource, pressure on raw materials is rising, and heat management remains a read more

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    CoolSem Technologies raises pre-seed funding for wafer-level thermal innovation

  • Sinpex raises €10M Series A to redefine KYB automation for Europe’s AML era

    Sinpex, an AI-powered platform for KYB / KYC lifecycle management, today announced its €10 million Series A financing round. Sinpex streamlines business client onboarding and continuous KYB compliance, empowering companies to meet the regulatory demands of the 2027 EU Anti-Money Laundering (EU AML) Regulation. Sinpex is an all-in-one platform that unifies every stage of the read more

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    Sinpex raises €10M Series A to redefine KYB automation for Europe’s AML era

  • The dangerous triumph of neo-mercantilism

    In the first 11 months of 2025, China ran a customs trade surplus of over $1tn. According to Brad Setser of the Council on Foreign Relations, in 2025 as a whole, its “overall goods surplus . . . should — if accurately measured — approach an astonishing $1.2tn dollars (6 per cent of China’s GDP, read more

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    The dangerous triumph of neo-mercantilism

  • The power crunch threatening America’s AI ambitions

    Many utility companies are pinning their short-term hopes on “demand response” solutions that require companies to curtail activity at peak times. AI model builders typically run data centres at full capacity during “training runs” — where they feed LLMs with vast amounts of data to improve accuracy. These rises in activity can clash with consumption read more

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    The power crunch threatening America’s AI ambitions

  • HOLYWATER secures $22M to expand mobile microdrama content

    Ukraine-based HOLYWATER has closed a $22 million financing round led by Horizon Capital, with participation from US-based investors including Endeavor Catalyst and Wheelhouse. The financing follows an earlier investment from Fox Entertainment in October 2025. (check out our earlier interview with Anatolii Kasianov, co-founder and co-CEO of HOLYWATER) HOLYWATER is a technology company applying AI read more

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    HOLYWATER secures M to expand mobile microdrama content

  • How Armenia is building tech sovereignty through it's global diaspora

    When you can, it’s always worth taking a look outside of your comfort zone tofind the next big thing in tech. I’ve been interested in Armenia for a number of years, and now it seems the rest of the world is catching up. ​ I gained first-hand access by visiting Yerevan for the 20th annual read more

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    How Armenia is building tech sovereignty through it's global diaspora