Tag: software
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Kodesage raises $6.6M for AI-powered legacy software modernisation
Kodesage, a startup developing an on-premise AI platform for legacy software modernisation, has raised $6.6 million in a seed funding round led by VentureFriends. Existing investor Portfolion also participated in the round, alongside angel investors including Christian Szegedy, co-founder of xAI, and German footballer Mario Götze. Founded in 2024 by Gergely Dombi, Miklos Szurdi and read more
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Romanian DesignVerse raises $5.5M to modernise legacy enterprise software
Bucharest-based DesignVerse, the enterprise software startup using AI to modernise complex legacy systems, has raised more than $5.5 million in seed funding as demand grows for tools that can safely accelerate software development in mission-critical industries. The round included investment from Begin Capital, Gapminder VC, Underline Ventures, and strategic angel investors from companies including Adobe, read more
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Holmes launches with €1.1M pre-seed for autonomous software testing
Ghent-based Holmes, a technology company focused on reinventing software quality assurance for the AI era, has launched with €1.1 million in pre-seed funding. The round was led by Syndicate One, with participation from Aikido founders Roeland Delrue and Willem Delbare, Showpad co-founder Louis Jonckheere, and serial entrepreneur Thomas Van Overbeke. Investment funds NewSchool.vc, RDY Capital, read more
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From outsourcing to AI-native delivery: Poland’s software evolution
Poland has long been known as one of Europe’s strongest software development and IT outsourcing hubs, supplying engineering talent and enterprise delivery capabilities to companies across Western Europe and the US. While countries like Germany focused more heavily on fintech or SaaS products, Poland carved out its own service niche. As AI reshapes how software read more
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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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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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SolveAI raises $50M to help employees build their own enterprise software
London-based SolveAI, a platform that enables employees to build compliant enterprise software without writing code, has raised a $45 million Series A led by GV alongside a previously undisclosed $5 million pre-seed round led by Accel. Northzone, Mantis VC, and NeverLift also participated, along with angel investors including Mike LoSapio, CISO of Palantir, Pushmeet Kohli, read more
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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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French accounting software platform Pennylane raises $200M
French accounting software platform Pennylane has raised $200m in a funding round, but says it had no immediate need for the fresh funds. The round was led by growth investor TCV, with Blackstone Growthand existing investors, including Sequoia, DST Global and the venture arm of Alphabet, CapitalG, also participating. The funding round values Pennylane at read more
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Skene raises €800k to accelerate software growth via AI agents
Helsinki-based product growth automation platform Skene has closed a €800,000 pre-seed round led by Superhero Capital, with participation from NVIDIA executives. As AI accelerates the pace of software development, a widening gap has emerged between building products and achieving commercial success. Many startups struggle to reach market fit, while a significant portion of SaaS tools read more
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German sustainability software outfit osapiens becomes unicorn, following $100M raise
German startuposapiens,which providessoftware-as-a-service (SaaS) services to help companies meet ESG targets, says it has become a unicorn after raising $100m. The Series C round was funded solely by Decarbonization Partners, the joint venture betweenBlackRockand Temasek focused on late-stage VC investing in decarbonising tech. The company isnow valued at over $1.1bn, following this round, it said. read more
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Europe’s edge in energy, software, and the future of compute
Voyager is an early-stage venture capital firm backing climate technology companies building the foundations of a decarbonised global economy. Founded four years ago by climate-tech investors and operators Sarah Sclarsic and Sierra Peterson, the fund was set up with an explicit ambition: to become the leading early-stage climate-tech VC operating across Europe and North America. read more
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Lovable raises $330M at a $6.6B valuation to turn non-developers into software builders
Lovable has raised $330 million in Series B funding at a $6.6 billion valuation, led by CapitalG and Menlo Ventures’ Anthology fund. Additional investors in this round include the venture arms of leading companies building the future of work: NVentures (NVIDIA’s venture capital arm), Salesforce Ventures, Databricks Ventures, T. Capital (Deutsche Telekom), Atlassian Ventures, and read more
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Corma raises €3.5M to advance software license and access governance
Paris-based Corma, a SaaS management solution that helps IT teams better control software usage and sprawl, has raised €3.5 million in seed funding. The round was led by XTX Ventures, with follow-on investments from Tuesday Capital, Kima Ventures, 50 Partners, and Olympe Capital. It also includes participation from business angels such as Thomas Wolf (co-founder read more
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Hypercritical raises £2M to modernise software engineering for heavy industry
London-based Hypercritical has raised £2 million in pre-seed funding to accelerate development of its foundation model and expand its engineering team. The round was led by Join Capital, with participation from Octopus Ventures, Tiny Supercomputer Investment Company (tiny.vc), and Plug and Play. Hypercritical is a deeptech company that develops machine learning models to generate fully read more
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