Tag: secures
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Audrey AI secures $1.8M to develop AI platform for financial auditors
Audrey AI, a Dublin-based startup developing AI solutions purpose-built for financial auditors, has raised $1.8 million in pre-seed funding. The round was led by Sure Valley Ventures (SVV) and Delta Partners, with participation from Enterprise Ireland, Donnchadh Casey (former CEO of Calypso), Conor Jones (former Chief Business Officer at Wayflyer), and several former Big Four read more
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Stendr secures $5.4M pre-seed to develop AI-driven defence systems
Stendr, a Norwegian defence technology company, has raised $5.4 million in an oversubscribed pre-seed funding round to advance its AI-native platform. The round was co-led by RainFall, ACME, and SkyFall, with participation from Sisyphus, Antler, StartupLab, Off Piste, and Andøya Ventures, alongside a syndicate of global technology founders and investors. Headquartered in Oslo, Stendr is read more
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Gizmo secures $22M Series A to advance AI-powered education
Gizmo, a London-based AI-powered learning platform, has raised $22 million in Series A funding to support its international expansion and further development of its technology. The round was led by Shine Capital, with participation from Ada Ventures, Seek Investments, GSV, and NFX, which previously led the company’s $3.5 million seed round. Founded by Petros Christodoulou read more
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Helical secures $10M to advance virtual AI lab for pharma research
Helical, a biotechnology company developing a virtual AI lab for pharmaceutical research and development, has raised $10 million in seed funding. The round was led by redalpine, with participation from Gradient, BoxGroup, and Frst, alongside angel investors including Aidan Gomez (CEO of Cohere), Clement Delangue (CEO of Hugging Face), and Mario Götze. Founded in early read more
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Graftcode secures €2.1M to simplify AI-era software integration
Graftcode, a Warsaw-based developer platform focused on simplifying software integration, has raised €2.1 million in funding. The round was led by Hard2beat, with participation from DigitalOcean Ventures, Heartfelt Capital, and private investors, including company employees. The investment brings the company’s total funding to €6.5 million and coincides with the launch of the beta version of read more
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Fine art logistics company Convelio secures Series C funding
Convelio, a technology-enabled fine art logistics and storage company, has secured a Series C investment to expand its AI-powered logistics and collections management services for the global art and antiques market. The round was led by a prominent French entrepreneurial dynasty with strong ties to the international art sector, with participation from existing investors Forestay, read more
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Edmund secures €2.5M to bring AI-driven troubleshooting to the factory floor
Edmund, a Czech startup developing an AI-powered debugging platform for industrial maintenance, has raised €2.5 million in funding led by FORWARD.one, with participation from University2Ventures and Tensor Ventures. Check out an earlier Tech.eu interview with Jakub Szlaur, CEO and founder of Edmund. Manufacturing is entering a period of structural strain. As production systems become more read more
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Generare secures €20M to scale molecular discovery platform
Generare, a Paris-based biotechnology company focused on generating molecular data for drug development, has raised €20 million in a Series A funding round. The round was co-led by Alven and Daphni, with participation from existing investors including Galion.exe, Teampact Ventures, and VIVES Partners. Drug discovery has historically been constrained to a relatively narrow chemical space, read more
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Endform secures €1.5M for high-performance web testing tools
Stockholm-based Endform, a platform designed to run browser-based end-to-end tests at high speed, has raised €1.5 million in funding. The round was led by Alliance VC, Antler, First Fellow, and Greens, with participation from a group of strategic angel investors. Endform develops a platform that enables engineering teams to run browser-based end-to-end tests for web read more
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Enkei secures pre-seed funding to develop circular design materials
Stockholm-based Enkei, a company developing circular materials for architecture and interior design, has closed a pre-seed funding round at a €3 million valuation. The round includes investors such as architect Anders Lendager, Christina Åqvist, Ulf Mattsson, and Fabian Månsson, alongside RadCap. It also brings in materials expertise from Thomas Granfeldt and Daniel Strömberg. Founded by read more
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Empirical Ventures secures £10M to back UK “venture scientists” building deeptech
Empirical Ventures, a specialist deeptech Fund, has secured an additional £10 million British Business Bank commitment to back the UK’s best venture scientists,bringing its total support to £15 million. This partnership will accelerate Empirical’s mission to back the best venture scientists in the UK. Empirical Ventures was built to solve a specific problem: exceptional scientists read more
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IQM secures €50M to accelerate global growth
Finland-based quantum computing startup IQM Quantum Computers has secured a €50 million financing package from funds and accounts managed by BlackRock. The funding is intended to support the company’s continued growth and strengthen its position in the global quantum computing market. The facility was secured ahead of IQM’s previously announced plans to become the first read more
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Arkadia Space secures €14.5M EIC backing for green propulsion tech
Spanish space company Arkadia Space has secured €14.5 million in funding from the European Innovation Council Accelerator. The package includes a €2.5 million grant, €6 million in equity from the EIC Fund, and €6 million in private investment. Beyond financial backing, the selection reflects direct institutional support from the European Commission for Arkadia’s green propulsion read more
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SOUS secures €4M to develop AI growth tools for restaurants
Amsterdam-based SOUS, an AI-powered growth platform for independent food and beverage businesses, has raised €4 million in seed funding. The round was led by Seed +Speed Ventures, with participation from existing investor PeakBridge, alongside āltitude, Gekko Capital, and a group of experienced angel investors. As restaurant discovery increasingly shifts to digital channels, many operators face read more
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PAVE Space secures $40M to fast-track satellite deployment
PAVE Space, a Swiss space infrastructure company, has raised $40 million in seed funding to develop a new generation of spacecraft designed to move satellites rapidly between orbits. The round was led by Visionaries Club and Creandum, with participation from Lombard Odier Investment Managers, Atlantic Labs, Sistafund, b2venture, ACE Investment Partners, Ilavaska Vuillermoz Capital, and read more
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German INCIRT secures €4.8M to power next-gen chip architecture in Europe
INCIRT, an Aachen-based deeptech company, has closed a €4.8 million funding round led by Lifeline Ventures, with participation from High-Tech Gründerfonds. INCIRT is developing a new generation of data converters capable of delivering up to 100 times faster data conversion than conventional approaches. Instead of relying on increasingly smaller and more costly manufacturing nodes, the read more
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NanoZymeX secures €160K to advance lipid nanoparticle enzyme therapies for rare diseases
Biotech startup NanoZymeX has obtained €160,000 (CHF 150,000) from Venture Kick to advance a new platform for enzyme replacement therapy using lipid nanoparticles. Spun out of research at the University of Basel, the technology aims to improve therapies for rare genetic conditions such as Pompe disease (a rare genetic disorder that affects how the body read more
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Stateful Robotics secures $4.8M to advance long-term robot intelligence
Stateful Robotics, an embodied AI company spun out of the University of Oxford, has raised $4.8 million in a pre-seed funding round led by Amadeus Capital Partners and Oxford Science Enterprises (OSE), with additional participation from angel investor Stan Boland. While advances in large language and other foundation models have significantly improved robots’ perception and read more
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