Tag: euro1.2M
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Test of Things raises €1.2M to automate cybersecurity testing for connected devices
Finnish IoT cybersecurity companyTest of Things has raised €1.2 million in Pre-Seed funding. When a company builds a connected device — whether it’s a smart lock, a hospital monitor, or a piece of factory equipment — it has to make sure that device is secure before selling it. However, cybersecurity testing and compliance documentation are read more
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ÄIO wins €1.2M grant to scale fermentation-based flavoured fats for food
Tallinn-based ÄIO, a biotechnology company developing sustainable, non-animal fats and oils through fermentation, has been awarded a €1.2 million grant from Enterprise Estonia to advance its FERM-OIL project. The total project budget is €2.3 million. Founded in 2022 as a spin-off from TalTech (Tallinn University of Technology), ÄIO produces food-grade fats and oils by using 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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