Category: business
Finance, startups, productivity
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Spotlite closes €3.5M for satellite infrastructure monitoring
Portuguese Spotlite has closed a €3.5 million seed round to accelerate its global expansion. The round is co-led by Índico Capital Partners and Explorer Investments. Founded in 2017 by Ricardo Cabral and Martino Correia, Spotlite offers a platform that converts satellite data into actionable infrastructure insights, helping asset owners and operators reduce operational CapEx through read more
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From heat waste to heat source: Power Mining launches shipping-container data centres for city heating
Personal Bitcoin mining device manufacturer Power Mining has developed a portable data centre that will heat towns using residual heat from Bitcoin mining. Bitcoin mining consumes a significant amount of electricity globally eliciting significant greenhouse gas emissions and local air-pollution impacts. In response, the sector is advocating for ways to not only reduce the energy read more
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Bestie Bite raises $700K to reinvent restaurant choices with AI gamification
Bestie Bite, an app focused on authentic video reviews for the hospitality sector, has closed a $700,000 funding round. The funding, raised mainly through SAFE instruments, was led by Techstars. Investors include Zooga VC, Mamba Ventures, and several Italian and international business angels, among them Christian Marcon, Angelo La Rocca, and Claudio Vaccaro. Founded in read more
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Orq.ai lands €5M to close the AI production gap for enterprises
Amsterdam-based Orq.ai has raised €5 million in an oversubscribed seed round led by seed + speed Ventures and Galion.exe, with continued support from Curiosity VC, Spacetime, XO Ventures, xdeck ventures, Waves Capital, and GoldenEggCheck. The round brings the company’s total funding to €7.3 million since its founding in 2022. As regulatory requirements tighten under GDPR read more
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Mater-AI secures £1.5M to tackle one of energy’s oldest problems: wasted heat
UK-based materials innovation startup Mater-AI has raised £1.5 million. Over 70 per cent of global energy, worth over $152 billion annually, is lost as waste heat, from data centres to heavy industry. Yet the last major breakthrough in thermoelectric materials happened in the 1950s with bismuth telluride, the semiconductor used in everyday technologies like heated read more
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Liablix secures €1.2M to modernize automotive claims analysis
Italian startup Liablix, an AI-powered platform that automates motor-claims analysis, has raised a €1.2 million pre-seed round led by DFF Ventures, with participation from FJ Labs, Plug and Play, and a select group of angel investors. Liability is a key financial driver in insurance workflows, and fraud can significantly distort outcomes, with estimated losses ranging read more
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Donna raises $4.8M to cut admin work and unlock real insights from field sales teams
Ghent-based Donna, a proactive AI assistant for field sales teams, has raised $4.8 million in new funding to accelerate international expansion and cement its position in field sales enablement. The round is led by Frontline Ventures, with participation from existing investors and a group of seasoned angel investors. Field sales teams across industries have long read more
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Former Swedish Foreign Minister Tobias Billström joins Nordic Air Defence
Former Swedish foreign minister Tobias Billström has joined Swedish defence tech startup Nordic Air Defence (NAD) as Director of Strategy and Government Affairs, his first full-time role since leaving frontline politics last year. Nordic Air Defence is a Stockholm-headquartered company developing high-tech defensive solutions for both civilian and military use. NAD is a true hardware-software read more
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Intelligent Core raises £2M for industrial AI for critical industries
Intelligent Core, the UK AI-powered company delivering real-time, autonomous intelligence to crucial industrial sectors including energy, oil and gas and manufacturing, has secured £2 million in investment led by Fuel Ventures. This new investment follows on from a £500k funding round earlier this year. Led by CEO Tom Greenlees, Intelligent Core is transforming crucial industrial read more
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New programme fast-tracks European defence innovation with controlled testing in Ukraine
European defence startups have gained a formal, legally compliant route into Ukraine for battlefield testing and front-line user feedback. The programme, run by 17Tech.fi in partnership with Ukraine’s defence-innovation ecosystem, provides structured access to real combat environments—speeding up development and boosting NATO–Ukraine interoperability. European defence startups have long faced challenges in accessing realistic operational environments read more
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Shiftmove acquires Ocean, expanding its European fleet technology footprint
Berlin-based Shiftmove has acquired Ocean, the fleet management division of Orange Business in France. This acquisition positions Shiftmove as a significant European fleet technology provider, serving 27,000 corporate customers and managing 730,000 vehicles across the continent with a team of more than 500 employees. Although fleets represent a substantial share of emissions and mobility costs, read more
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Duvo raises $15M to give retailers AI staff that cuts manual work by 40%
Duvo, an AI-native automation platform that gives retail teams an AI workforce for day-to-day operations, has raised $15 million in seed funding. The round was led by Index Ventures, backers of Figma, Revolut and Wiz. Credo Ventures, Northzone and Puzzle Ventures also participated, along with angels Roy Reznik (co-founder of Wiz), David Singleton (former CTO read more
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Saporo closes €7M Series A to scale its graph-native identity security platform
Swiss cybersecurity startupSaporo has raised€7 million in Series A funding.The round was led byTIN Capital, with participation fromG+D Ventures,CDPVenture Capitalthrough itsCorporate Partners I – ServiceTech fund,XAnge,Lightbird VCandSession VC. Beyond capital, each investor will play a strategic role in Saporo’s growth. TIN Capital will support expansion in Northern Europe, G+D Ventures will facilitate market development in read more
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Bitstack lands $15M to build Europe’s bitcoin savings app
Paris-based Bitstack, a Bitcoin savings application, has raised a $15 million Series A round led by 13books Capital, with participation from existing investors AG2R LA MONDIALE, Plug and Play Ventures, Serena, Stillmark, and Y Combinator. According to the European Central Bank (ECB), prices in the euro area increased by 23.4 per cent between October 2020 read more
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AILOS Robotics gets €3.5M to scale gearbox manufacturing for Europe’s next-gen robots
Brussels-basedAILOS Robotics has raised €3.5 million in a seed round led by QBIC and High-Tech Gründerfonds (HTGF), with participation from Wallonie Entreprendre and finance&invest.brussels, reinforcing Europe’s commitment to developing local, strategic component supply for the rapidly growing humanoid and collaborative robotics markets. AILOS is a spin-off from the Vrije Universiteit Brussel (VUB) and its BruBotics read more
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Marble Imaging secures €5.3M to bring ultra-high-resolution Earth Observation data to Europe
Marble Imaging has raised €5.3 million in an oversubscribed Seed funding round led by HTGF, powering its mission to become Europe’s leading source of very high-resolution Earth Observation data and insights. Marble Imaging is a big-data Earth observation company founded in August 2023 in Bremen, Germany, building its constellation of VHR satellites to provide up read more
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Minitap secures $4.1M to make mobile development 10x faster with AI
Minitap, an AI-powered mobile development platform, has raised $4.1 million in seed funding. The round was co-led by Moxxie Ventures and Mercuri, with participation from EWOR, Tekton Ventures, Amigos Venture Capital, and several unicorn founders. It also attracted a strong group of AI infrastructure experts, including Thomas Wolf, Stefan Glanzer, Michael Breidenbrucker, Paul Muller, Petter read more
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Wayve acquires German startup Quality Match
Wayve, the UK self-driving startup, has acquired a German startup which specialises in analysing AI model training data for automated driving..The UK startup has acquiredQuality Match, founded in 2019, whichemploys around 20 staff, for an undisclosed amount. The acquisition comes as London-based Wayve looks to trump rivals such as Tesla to prove that its tech read more
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Black Forest Labs secures $300M Series B at $3.25B valuation
Today Black Forest Labs has announced a $300 million Series B round at a $3.25 billion post-money valuation. Black Forest Labs was founded last year with a mission to build frontier models for pixels—systems capable of creating what cameras cannot capture. The team set out to develop models that understand intent rather than simply execute read more
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How time became money: clocks, capitalism and wealth
Ralph Kettell was the kind of eccentric only Oxford can produce. Born in Hertfordshire in 1563, he was 15 when he first came to the city and its ancient university, winning a scholarship to Trinity College. Like so many, he never really left. As the years passed and Kettell’s neat goatee grew grey, he became read more
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