Tag: closes
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Porters closes €2.7M pre-seed funding for financial services backoffice software
Porters has closed a €2.7 million pre-seed funding round to develop AI-based software for banking operations. The round was led by Earlybird, with participation from Seedcamp and a group of fintech founders and industry professionals. Angel investors include Martin Kassing (Upvest), Alexandre Prot (Qonto), Lukas Zörner (Penta and Integral), and Adrien Treccani (Metaco). Additional participants read more
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Plato closes $14.5M round to scale AI tools for distributors
Plato, an AI-based operating system for wholesale distributors, has closed a $14.5 million seed funding round led by Atomico, with participation from existing investors including Cherry Ventures. The distribution sector is under increasing pressure from labour constraints, low margins, economic uncertainty, and rising digital expectations from B2B customers. Plato aims to address these challenges by read more
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Qontext closes $2.7M pre-seed round to develop a context layer for AI
Berlin-based Qontext, which is developing an independent context layer for AI, has secured $2.7 million in pre-seed funding. The round was led by HV Capital, with participation from Zero Prime Ventures and a group of founders and operators from the AI infrastructure, automation, and enterprise software sectors, including Jan Oberhauser (n8n), Emil Eifrem (neo4j), Bastian read more
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London’s Stephen Friedman Gallery Abruptly Closes, Enters Insolvency Proceedings
Rumors have been swirling about London’s Stephen Friedman Gallery, especially after ARTnews reported on Tuesday that the gallery had pulled out at the last minute from a coveted spot at the inaugural Art Basel Qatar, which kicked off Tuesday in Doha. Now, ARTnews can confirm that the gallery has entered administration—the UK equivalent to bankrupcy read more
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QT Sense closes €4M round to support real-time cell analysis
Dutch-based startup QT Sense has raised €4 million to advance Quantum Nuova, a quantum-based platform that monitors cellular stress in living cells at single-cell resolution.The funding includes a €3 million seed round led by Cottonwood Technology Fund, alongside follow-on funding from QDNL Participationsand an angel investor.The total funding includes a €0.6 million ONCO-Q grant to read more
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enclaive closes €4.1M round focused on multi-cloud confidential computing
enclaive, a German cybersecurity company specialising in confidential computing, has raised €4.1 million in seed funding, with the round co-led by Join Capital and the Amadeus APEX Technology Fund and supported by Auriga Cyber Ventures. Rising AI adoption, evolving data protection regulations, and increasingly sophisticated cyber threats have heightened security concerns around cloud computing. While read more
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SmartyPlants closes £190K funding round for smart plant care technology
SmartyPlants, a UK-based technology startup focused on plant care, has received £190,000 in funding from the British Design Fund (BDF) to support the continued development of its smart sensor system for houseplants. Caring for indoor plants can be challenging due to factors such as inconsistent watering, unsuitable light conditions, and limited visibility into plant health. read more
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Constructor Capital closes $110M Fund I for science-first founders
Constructor Capital, the Swiss venture arm of the Constructor Group ecosystem, has closed its first fund at $110 million to invest in seed and Series A startups across deeptech, software, and edtech. The fund follows a science-focused approach to sourcing, due diligence, and company support, drawing on a network of more than 50 universities and read more
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Louvre Closes Again as Union Negotiations Drag On
The Louvre closed on Monday due to a strike as employees’ demands for improved working conditions and pay equity continue to go unmet, marking the fourth day the Paris museum has shuttered since mid-December. The stoppage is one of the longest strikes in the history of the world’s most visited museum, a crisis intensified by read more
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Footprint Firm closes €76M Article 9 deeptech Fund for the green transition
The Footprint Firm has completed the final closing of Footprint Fund I, an Article 9 €76 million venture fund. The fund focuses on early-stage deeptech companies in the green transition in Northern Europe. Footprint Fund I is the first fund in The Footprint Firm’s venture platform and has already invested in 20 startups, including Reel read more
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Minneapolis Institute of Art Closes for Third Straight Day Amid Alex Pretti Killing, ICE Protests
The Minneapolis Institute of Art, the city’s leading art museum, announced on Sunday that it would remain closed on Sunday “for the safety of staff and visitors,” according to a statement posted to Instagram. The institution was one of many in the city to close on Friday as part of the Day of Truth and read more
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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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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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TaleMonster Games closes $30M Series A round
TaleMonster Games, an Istanbul studio founded by former Peak Games veterans, has raised $30 million in Series A funding led by Arcadia Gaming Partners and Andreessen Horowitz (a16z), with participation from Point72 Ventures and General Catalyst. The new round comes roughly eight months after the company closed a $7 million seed round. The company’s first read more
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Spot Ship closes £1M round led by Ventures.eu to modernise ship chartering
Spot Ship, the SaaS platform modernising global ship chartering, has raised £1 million in a round led by Ventures.eu, marking the Lisbon-based VC fund’s first investment from Fund I. The round included Improbable CEO Herman Narula, industry specialists, Tradeworks.vc and Marcel Kind. Spot Ship is a British cloud-based company focused on improving efficiency in maritime 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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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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