Category: business

Finance, startups, productivity

  • Redpine secures €6.8M to power AI with premium data

    Swedish AI company Redpine has raised €6.8 million in a seed funding round led by NordicNinja, with participation from Luminar Ventures and node.vc. The investment will support the company’s international expansion and further development of its AI data platform. Founded in 2024 by Anders Hammarbäck and David Österdahl, Redpine focuses on addressing a key limitation read more

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    Redpine secures €6.8M to power AI with premium data

  • Europe’s AI-native founders are building faster — and younger — than ever

    Today, research released by global VC firm Antler highlights that a new generation of founders is reshaping European tech — younger, more mobile, and thriving under the pressure of the AI era. Drawn from a study of its European portfolio of more than 400 startups, the data characterises founders as defined by international mobility, early read more

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    Europe’s AI-native founders are building faster — and younger — than ever

  • Ineffable Intelligence launches with record-breaking $1.1B Seed round

    Startup Ineffable Intelligence has just come out of stealth. The company, with a mission to make first contact with superintelligence, has raised $1.1 billion in Seed funding, the largest ever in Europe, at a valuation of $5.1 billion, according to the company. Ineffable Intelligence is using Reinforcement Learning to create a “superlearner” that can endlessly read more

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    Ineffable Intelligence launches with record-breaking .1B Seed round

  • Spacetech investor Seraphim Space targets £350M raise

    Spacetech investorSeraphim Spaceis looking to raise up to £350m, it said today, as it seeks to tap into thecurrent fervour around the spacetech sector. The London-listed investment trust heralded the raise as“one of the most significant equity raises by a UK‑listed investment trust” and “one of the very few sizeable fundraisings in the listed growth read more

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    Spacetech investor Seraphim Space targets £350M raise

  • Qendra gets €162K to scale quantum computing systems

    Zurich-based Qendra has secured €162,000 (CHF 150,000) in funding from Venture Kick to advance the development of its control systems for quantum computing experiments. Founded by Martin Stadler (CEO), Ferdinand Felder (COO), and Chidzahi Mabritto (Deputy CTO), the company builds on technology developed at ETH Zurich within the Trapped Ion Quantum Information group. The team read more

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    Qendra gets €162K to scale quantum computing systems

  • QuoIntelligence raises €7.3M Series A to deliver “finished” threat intelligence at scale

    Threat intelligence company QuoIntelligence today announced the close of a €7.3 million Series A financing round. QuoIntelligence is building the Unified Risk Intelligence standard for European mid-market organisations, delivering finished threat intelligence that arrives already analysed, already contextualised, and ready to act on, with no in-house team required to operate it. NIS2 and DORA together read more

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    QuoIntelligence raises €7.3M Series A to deliver “finished” threat intelligence at scale

  • German robotics startup Sereact raises $110M

    German robotics startup Sereact has raised $110m in a Series B funding round, with the funding used to develop and scale its latest AI model and US expansion, it announced today. The round was led by San Francisco and Berlin-based VC Headline, with Bullhound Capital, Felix Capital, and Daphni alsoinvesting. Returning investors Air Street Capital, read more

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    German robotics startup Sereact raises 0M

  • Europe urged to become first “electro-continent” with 50% electrification target by 2040

    A coalition of major European investors, corporations and high-growth startups today published an open letter to European policymakers and leaders, calling for a commitment to make Europe the world’s first “electro-continent” – an economy where over 50 per cent of final energy consumption runs on clean, domestically produced electricity by 2040. The letter, coordinated by read more

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    Europe urged to become first “electro-continent” with 50% electrification target by 2040

  • Atech raises Pre-Seed to unlock a new era of Physical AI builders with the "Lovable for hardware"

    AI hardware startup Atech has raised a Pre-Seed round with participation from Nordic Makers, Emblem, Lovable, Sequoia Scout Fund (Sequoia), and Andreessen Horowitz Scout Fund (A16z). Founded by Vladimir Baran (CCO), Tomas Erik Harmer (CEO), and David Stålmarck (CTO), Atech is building a platform that makes hardware development accessible to everyone, removing one of tech’s read more

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    Atech raises Pre-Seed to unlock a new era of Physical AI builders with the "Lovable for hardware"

  • EU–Ukraine launches €160M defence innovation programme to unlock €400M in financing

    This week, the European Commission and Ukraine’s Ministry of Defence launched a new cooperation initiative focused on investing in innovative and breakthrough technologies. Unveiled during the EU–Ukraine business summit in Brussels, the initiative is an important step toward strengthening Ukraine’s stability, developing the defence-industrial complex, and bolstering the state’s defence capabilities. The agreement establishes a read more

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    EU–Ukraine launches €160M defence innovation programme to unlock €400M in financing

  • Verda raises $117M to scale AI cloud infrastructure built on clean Nordic power

    Helsinki-based AI infrastructure company Verda (formerly DataCrunch ) has raised $117 million in new funding. The round comprises equity funding led by Lifeline Ventures with participation from byFounders, Tesi, Varma, and other investors, alongside debt financing from a group of Nordic financial institutions. Founded in 2020, Verda is building AI cloud infrastructure that allows developers read more

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    Verda raises 7M to scale AI cloud infrastructure built on clean Nordic power

  • Sofia-based Quillon raises $1.5M for audit-grade AI in accounting

    Quillon, an AI platform for technical accounting and financial reporting, today announced the close of $1.5 million in pre-seed funding and its rebrand from Acclara AI. The round was led by 42CAP, with participation from angel investors affiliated with NVIDIA and Roblox, who backed the company ahead of the institutional round. Founded in 2023 by read more

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    Sofia-based Quillon raises .5M for audit-grade AI in accounting

  • Balderton adds serial entrepreneur Phil Chambers to its partnership

    Balderton today announces the appointment of Phil Chambers as Partner, where he will focus on early-stage investments. Chambers joins the firm after a 20+ year career as a founder, operator and angel investor in the European technology ecosystem, including roles in London, Hamburg and Copenhagen. Most recently, he served as CEO of Orbex, the Scottish read more

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    Balderton adds serial entrepreneur Phil Chambers to its partnership

  • Starling no plans to enter “massively overserved” US retail banking market

    Starling Bank has no plans to enter the “massively overserved” US retail banking market, but will focus its US expansion on its business-to-business offering instead, says its chief financial officer. The UK challenger bank is looking to establish itself in the US, to diversify and grow its revenues, and is looking at buying a US read more

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    Starling no plans to enter “massively overserved” US retail banking market

  • Berlin-based VREY raises €3.3M to unlock shared-roof solar

    Berlin-based climatetech startup VREY has closed a €3.3 million seed funding round led by Rubio Impact Ventures, with participation from High-Tech Gründerfonds (HTGF) and Kopa Ventures. The company enables property owners to deploy solar systems in multi-family buildings and supply the generated electricity directly to tenants, without taking on the role or regulatory burden of read more

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    Berlin-based VREY raises €3.3M to unlock shared-roof solar

  • TheStorage raises €3.6M to scale industrial thermal energy storage

    Cleantech company TheStorage, which develops industrial thermal energy storage solutions, has closed a €3.6 million seed funding round. The round was led by Voima Ventures, with participation from existing investors Superhero Capital and 2C Ventures, alongside new investor Momentum. The company is focused on addressing one of the most emissions-intensive and challenging areas to decarbonise: read more

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    TheStorage raises €3.6M to scale industrial thermal energy storage

  • Cloudsmith raises $72M Series C to secure the AI-era software supply chain

    Universal artifact management platform Cloudsmith has raised $72 million in Series C financing led by TCV with participation from Insight Partners, along with investments from other existing investors. The additional funding positions Cloudsmith for massive growth to power the era of AI-driven software development. As AI coding agents generate code at unprecedented velocity and volume, read more

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    Cloudsmith raises M Series C to secure the AI-era software supply chain

  • Wenite secures €1.8 million to power the future of data-driven HR

    Wenite, a Ghent-based HR tech startup, has raised €1.8 million in funding to accelerate its European expansion and strengthen its position as an infrastructure provider for HR service firms. The round includes €1.2 million in equity financing from Imec.iStart, and a group of private investors from the HR sector. Across Europe, HR service providers, including read more

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    Wenite secures €1.8 million to power the future of data-driven HR

  • Decade Energy secures €22M to electrify logistics depots at scale

    Decade Energy, a company building the power infrastructure at logistics depots, has secured €22 million in funding. The financing is led by Eiffel Investment Group and SET Ventures, along with existing investors. As truck electrification accelerates, the bottleneck is no longer vehicle availability but access to power. Grid constraints, long connection lead times, and the read more

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    Decade Energy secures €22M to electrify logistics depots at scale

  • UNIVITY raises €27M to build sovereign space connectivity for telecom operators

    Spacetech company UNIVITY today announced it has raised €27 million backed by Blast, Expansion, and the Deeptech 2030 fund, managed by Bpifrance on behalf of the French state as part of the France 2030 programme, alongside two family offices. It brings the company’stotal funding to over €67 million and funds its aim to build a read more

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    UNIVITY raises €27M to build sovereign space connectivity for telecom operators