Category: business
Finance, startups, productivity
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London-founded Corvera raises $4.2M to bring agentic AI to CPG supply chains
London-founded Corvera, an agentic supply chain management platform backed by Y Combinator, today announces it has raised $4.2 million (£3 million) in Seed funding to accelerate its expansion and automate end-to-end operational workflows for consumer packaged goods (CPG) brands. The round was led by 6 Degrees Capital, with participation from over 20 venture capital and read more
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Getaround Europe and GoMore merge to create Europe’s largest peer-to-peer carsharing network
Getaround Europe and GoMorehave merged their European operations, forming the largest peer-to-peer carsharing network at scale across Europe. The transaction follows Getaround Inc.’s decision to sell its European operations, thereby consolidating European carsharing under a strong, locally governed group. This merger brings together two highly complementary players. Getaround Europe, based in Paris, is the market read more
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Elastics secures $2M pre-seed to build AI agents for prediction markets
Warsaw-based startup Elastics has raised $2 million in an oversubscribed pre-seed funding round to develop its AI-powered infrastructure for quantitative trading. The round was led by Frst, with participation from angel investors across the AI and crypto sectors, including operators and founders from leading technology companies. Founded by Szymon Pawica, a former Goldman Sachs professional, read more
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Backed by Y Combinator and 20 unicorn founders, Moritz lands $9M
Legal technology startup Moritz has raised $9 million in an oversubscribed funding round following participation in Y Combinator. The round was backed by investors including 20VC, Urban Innovation Fund, and Inception, alongside a group of 20 unicorn founders. Founded by Pamir Ehsas and Stefan Mandaric, the company aims to address inefficiencies in legal services. Moritz read more
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Deeptech startup Reduciner secures €3.6M to convert emissions into value
Espoo-based deeptech startup Reduciner has raised €3.6 million in a funding round to commercialise its carbon conversion technology. The round includes equity investment from Voima Ventures, Lifeline Ventures, and the Mikko Kodisoja Foundation. In addition, VTT Technical Research Centre of Finland has contributed the underlying technology and intellectual property as an in-kind investment. Reduciner is read more
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German deeptech eleQtron lands €57M Series A funding
German deeptech company eleQtron has raised €57 million in a Series A funding round to accelerate the industrial scaling of its trapped-ion quantum computing technology. The investment was led by Schwarz Digits, the digital and IT arm of the Schwarz Group, with participation from the European Innovation Council Fund. Additional investors include existing backer Earlybird, read more
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Detecht lands €395K to grow global motorcycle platform
Sweden-based mobility app Detecht has secured €395,000 (SEK 4.5 million) in funding to support its international expansion and further development of its technology. The investment includes backing from Chalmers Ventures, alongside existing shareholders. Detecht has developed a solution that combines crash detection, navigation, and social features for motorcycle riders. Using a smartphone’s built-in sensors, the read more
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EnteroBiotix secures £19M to support IBS microbiome clinical trial
Glasgow-based life sciences company EnteroBiotix has secured £19 million in funding to support the advancement of its microbiome-based therapies,including a large-scale clinical trial targeting irritable bowel syndrome (IBS). The round was led by Thairm Bio and the Scottish National Investment Bank, with participation from existing investors. The company has raised more than £65 million to read more
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Nabu raises €3M to scale digital customs in Europe
France-based Nabu has raised €3 million in funding to accelerate its expansion across Europe and strengthen its position in digital customs clearance. The round includes participation from Getlink, alongside existing investors such as Maersk Growth, which continues to support the company following its initial pre-seed round in 2022. Founded in 2022 and operating between Paris read more
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A-Cube lands €4M to accelerate global expansion
Italian regtech company A-Cube has secured €4 million in funding to expand its platform for automated digital tax compliance across international markets. The round was led by P101 SGR, with participation from Sella DirectVentures. Founded in 2018, A-Cube develops an API-first platform that enables end-to-end management of tax and document flows, connecting business systems, financial read more
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Mobility Signage secures €1.8M to unify public transport IT
Munich-based startup Mobility Signage has raised €1.8 million in a pre-seed funding round to advance its digital infrastructure platform for public transport. The round was led by High-Tech Gründerfonds, with participation from 2bX. Founded in 2023, Mobility Signage addresses a growing challenge faced by transport operators: legacy, fragmented IT systems that struggle to meet rising read more
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ENVIOTECH raises €1M pre-seed for smart street lighting
Frankfurt-based smart city startup ENVIOTECH has secured €1 million in pre-seed funding to advance its intelligent retrofit solutions for public street lighting. The round was led by Jürgen Fitschen, with participation from Joachim Drees. The company was founded by Adrian Rhaese alongside Linh Pham following a personal experience that highlighted the risks associated with outdated read more
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Europe’s first drone procurement hub targets faster defence deployment
European defence technology company Intelic today announced the launch of Intelic BASE, a new procurement hub designed to strengthen European defence sovereignty by helping Ministries of Defence across Europe identify and deploy European unmanned systems faster, significantly shortening procurement timelines for mission-ready drones. At launch, the platform already connects drone and unmanned systems manufacturers from read more
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Berlin tech’s new reality: AI-driven output, stagnant wages, and a workforce on the move
This week sees the publication of the 4th annual Berlin Salary Trends report, published by Handpicked Berlin in partnership with Ravioand Factofly. The 2026 edition is based on 4,627 cleaned responses from Berlin tech professionals (a 2.5× increase on last year’s sample) of whom 4,138 are full-time employees. Some of the key findings: AI roles read more
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DeepMind alumni start dozens of European startups in last 18 months, new data shows
Google DeepMind alumni have founded dozens of European startups or plan to launch startups inthe past 18 months,new data shows. Ex-DeepMind luminaryDavid Silver captured headlines last month when his new UK AI labIneffable Intelligence landed a massive $1.1bn seed funding round. But data shows that Silver is one of 112alumni of DeepMind, which was founded read more
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Featherless.ai secures $20M to expand serverless platform for open-source AI
Featherless.ai, a platform for running open-source AI, has secured $20 million in Series A funding to give enterprises a new path to AI independence. The round was co-led by AMD Ventures and Airbus Ventures, with participation from BMW i Ventures, Kickstart Ventures, Panache Ventures, and Wavemaker Ventures. Featherless.ai is a serverless inference platform. Its goal read more
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UK startups enter UK parliament with hope for change
There is something faintly gladiatorial about startups being ushered into Westminster, whether the House of Commons or the House of Lords. Not literally, of course, there are no lions behind Select Committee doors, but the dynamic is unmistakable… there’s going to be a fight of some kind. These founders, often operating at pace and under read more
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Invest Europe: PE- and VC-backed firms grow jobs 4%, 4x faster than Europe in 2024
Invest Europe has published the seventh edition of its Private Equity at Work report, highlighting continued job creation by private equity (PE) and venture capital (VC)-backed companies across Europe. The report shows that PE- and VC-backed businesses increased employment by 4 per cent in 2024, marking the seventh consecutive year of net job growth and read more
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Mosaic SoC raises $3.8M pre-seed to build low-power perception chips for spatial computing
Mosaic SoC, which builds dedicated perception chips that bring spatial intelligence to energy-constrained devices, has raised a $3.8 million Pre-Seed round led by Founderful with participation from Kick Foundation. The next wave of consumer devices won’t capture the world; they’ll understand it. Spatially aware AR glasses, always-on computer vision, and persistent AI features all depend read more
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SPRIND launches €125M Next Frontier AI challenge to back new AI paradigms in Europe
SPRIND has launched the Next Frontier AI challenge, inviting up to ten teams from across Europe to develop new approaches that expand current paradigms in artificial intelligence. The selected teams will receive seed funding from SPRIND totalling €125 million. To date, the most capable AI models have come almost exclusively from the US and China. read more
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