Category: business
Finance, startups, productivity
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Tallinn AI startup Flashka raises €1M pre-seed and hits 1M users in a year
Tallinn-founded startup Flashka, an AI-driven study app for university students, has closed a €1 millionPre-Seed round led by Outlast Fund, a Nordic-Baltic early-stage VC. Additional investors in the round include UCP and Vento Ventures. The app helps university students master complex subjects through automated flashcards, quizzes, and personalised learning tools. It has also reached 1 read more
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Nuclera extends Series C funding to $87M to accelerate antibody engineering work
Biotech company Nuclera has secured an additional $12 million in financing, bringing its total Series C funding to $87 million. The extension was led by Elevage Medical Technologies and Jonathan Milner, with participation from existing investors British Business Bank and GK Goh. Nuclera is focused on streamlining protein expression and purification workflows through its benchtop read more
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Touchwaves lands €1.5M for next-gen wearable tech for NATO
Touchwaves, a Dutch deeptech startup and spin-off from TNO, has raised €1.5 million in a pre-seed funding round. The round was led by SecFund, which supports startups, scale-ups, and innovative SMEs addressing the innovation needs of the Dutch Ministry of Defence, in collaboration with the Ministry of Economic Affairs and the Regional Development Agencies under read more
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Ahead Health raises $6M to build AI-powered health system in Europe
Zurich-based Ahead Health has raised $6 million in funding led by RTP Global, with participation from Tiny.VC and Pareto 20. The round also included several entrepreneurs, among them Kai Eberhardt (Oviva), Stef van Grieken (Cradle), Sara Hürlimann (Zahnarztzentrum), Thomas Wolf (Hugging Face), Michiel Bakker (MIT, DeepMind), and Cody Gakpo (Liverpool FC). Early detection remains limited read more
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Verna raises $4M to turn nature programs into measurable action
UK-based Verna has raised $4 million to support growing global demand for its nature recovery software. The funding round was led by Berlin-based NAP and Zurich-based Übermorgen, with participation from UK investors including Vanneck, Love Ventures, Concrete Ventures, and Climate VC. The accelerating degradation of natural systems is increasing risks for businesses and communities, making read more
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Klearly secures €12M for restaurant payments system
Amsterdam-based Klearly, a payments platform for restaurants, bars, and clubs, has raised €12 million in Series A funding, bringing its total capital raised to €20 million. The round was led by PayPal Ventures, with participation from Italian Founders Fund and existing investors including Global PayTech Ventures, Antler Elevate, and Shapers. Although the payments market is read more
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Basecamp Research unveils programmable gene insertion AI models, as confirms Nvidia investment
A UK startup aiming to solve key challenges inlife sciences through AI has unveiled the “world’s first AI models for programmable gene insertion”, as it confirms Nvidia has invested in the startup. London-based Basecamp Research harnesses biodiversity to design new medicines. It does this by building its own AI models and today it has unveiled read more
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Avenue Biosciences raises $5.7M to scale high-throughput protein engineering
Finnish protein engineering company Avenue Biosciences has raised $5.7 million in a Seed extension funding round co-led by Balnord and Tesi, with support from existing investors Voima Ventures, Inventure, University of Helsinki, and Dimerent. The funding aims to help scale its high-throughput protein engineering technology that accelerates the discovery of protein-based therapies and tools for read more
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"No AI can promise to be safe”: Britain’s ChatGPT rival takes on big tech over sexualised deepfakes and AI harm
The CEO of Locai Labs, Britain’s answer to ChatGPT, James Drayson, says no tech company can guarantee their AI won’t produce explicit images – and accuses Silicon Valley rivals of pretending the problem doesn’t exist. Drayson is the son of former science minister Lord Drayson. He is appearing before MPs and theHuman Rights and the read more
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Rosberg Ventures closes $100M Fund III as Nico Rosberg bets on long-game venture strategy
Today, Nico Rosberg announced that Rosberg Ventures has just closed its $100 million Fund III, describing it on LinkedIn as “oversubscribed, with unprecedented demand, and capped for performance.” Rosberg Ventures was founded by former Formula 1 World Champion Nico Rosberg after his retirement in 2016, transitioning from racing into technology investing. Rosberg Ventures builds its read more
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Zepo Intelligence secures $15M to safeguard workspaces from AI risks
Zepo Intelligence, the company redefining human-centric security, has closed a $15 million seed funding round, with participation from Kibo Ventures, eCAPITAL, and TIN Capital. Traditional cybersecurity approaches, such as isolated training tools and email filtering, are becoming increasingly ineffective as generative AI accelerates the scale and sophistication of social engineering. According to the World Economic read more
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AI unicorn Quantexa reports revenue boost, as losses halve
A UK AI financial crimefighting unicorn has reported a near 50 per cent uplift in revenues, helped by customer wins, while losses halved, according to its latest annual financial figures. The financial figures for Quantexa also reveal new details regarding Quantexa’s fundraising last year, which propelled it to a valuation of $2.6bn. The figures for read more
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Europe’s startups go the last mile at CES
Today, CES exhibitors and attendees ready themselves for a final day of traversing booths, dodging bright lights and choosing the most coveted swag (always say NO to the USB sticks, folks). Meanwhile, Europe’s startups are going to the last mile, showcasing innovative tech in the hope of catching the eye of investors, customers, retailers, and read more
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Clinical voice AI startup Tucuvi raises $20M
A Spanish AI voice startup, which says its tech makes minor clinical decisions while on a phone call with patients, has raised $20m in a Series A funding round. Tucuvi was co-founded by MariaGonzalez, its CEO, whose mother passed away after a reported hospital administration error. Its other co-founder is CTO Marcos Rubio. The Series read more
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Lookiero Outfittery Group closes a €17M round to boost growth and reinforce its AI strategy
Lookiero Outfittery Group, a European online personal shopping company, has closed a €17 million funding round with participation from new investors including Ekarpen Private Equity and the Spanish Society for Technological Transformation (SETT), alongside existing investors Acurio Ventures, Perwyn, Bonsai Partners, and 10x Group. Of the total investment, €7.25 million was contributed by SETT, an read more
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