Evolytes, a Reykjavík-based elementary math learning platform, has raised a €1.3 million in a Seed funding round to drive further revenue growth and impact in Latin America, India, Middle East, South East Asia, and the U.S. The round was co-led by Omega and Pekron Family Office and follows a €473k pre-Seed in 2021, led by ... Read more ›
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Tremau, a Paris-based Trust & Safety (T&S) startup, has raised €3 million in funding to accelerate the development of Nima, its AI-powered content moderation platform, and grow its market share internationally. The round was backed by French Auriga Cyber Ventures and German G+D Ventures. “Our vision is simple: online safety shouldn’t be a luxury reserved ... Read more ›
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Grid Edge, a Birmingham-based company whose AI-powered software helps reduce carbon emissions and energy costs in commercial buildings, has raised over €3.3 million to expand its team and develop their platform. The funds were raised from the Midlands Engine Investment Fund II, Mercia Ventures, Centrica, bp Ventures and private investors. Paul McCorquodale, CEO, said: “Our ... Read more ›
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London-based Unravel, the AI-powered video commerce platform transforming travel discovery, has secured €6.3 million in Series A funding to enhance its AI capabilities to optimise video-commerce conversions and expand its team. The round was led by Nauta Capital, a leading B2B software investor, with participation from Active Partners, Slingshot Ventures, and Olivier Bisserier (ex-CFO, Booking.com). ... Read more ›
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London-based Sedna Communications Ltd, an AI-powered workflow automation platform focused the global trade and supply chain market, announced today it has secured €10 million in debt financing from CIBC Innovation Banking. The funding will drive AI innovation, expand platform integrations, and support sustainable growth to better serve Sedna’s customers. Robert Scott, CFO of Sedna, said: ... Read more ›
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Tallinn-based Ultra, a one-stop destination for gamers, publishers, and developers, has completed a €10.8 million funding round to expand the team, develop the platform, and lay the groundwork for a future raise. The round was led by Luxembourg-based multi-family office NOIA Capital through its NOIA Digital Assets fund. Gus van Rijckevorsel, CEO at Ultra, said: ... Read more ›
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GreenTech scale-up Ecoat, a Grasse-based innovator of sustainable binders in paint, has just closed a €21 million funding round to innovate one of the world’s most carbon-intensive industries: the coatings and paints sector, which reportedly accounts for 2% of global industrial GHG emissions. The round includes €18 million in equity from Yotta Capital, the European ... Read more ›
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For this week’s episode of the EU-Startups Podcast, we sat down with Yaron Valler, Founder & Partner at Target Global, a pan-European technology investment firm with over €3 billion in assets under management. Target Global invests in companies across all stages of their life cycle, from pre-seed to pre-IPO. Since 2012, the firm has backed global ... Read more ›
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Paris-based Fairly Made, a scale-up focused on sustainable fashion, today announced it has raised €15 million in funding to accelerate its transformation into a “pure technology player“. The investment round was led by BNP Paribas Solar Impulse Venture Fund, GET Fund, ETF Partners and Frenchfounders, highlighting the company’s intent to leverage technological innovation to address ... Read more ›
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Oxford-based Lumai, an AI accelerator startup using optics to address global computational challenges, today announced that it has secured more than €9.2 million to help AI data centres reduce costs and boost performance – while minimising energy consumption. The round was led by VC investor Constructor Capital, with participation from existing investor IP Group, alongside ... Read more ›
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London-based FinTech startup Wealthyhood, a wealth-building app helping younger investors learn, save, invest and build wealth, has raised €3.6 million in a strategic funding round, with Global Wealth Group PLC stepping in as lead investor. The move signals Global Wealth’s formal entry into the FinTech and digital investing space, while providing Wealthyhood with the capital ... Read more ›
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We’re excited to announce that Kos Stiskin, Co-founder and VP of Strategy at FINOM, will take the stage at this year’s EU-Startups Summit 2025 in sunny Malta on April 24-25! As a seasoned strategist and fintech entrepreneur, Kos oversees business development, partnerships, country launches, and investments at FINOM—a fast-growing platform headquartered in Amsterdam that provides ... Read more ›
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Cambridge-based CMR Surgical, a global surgical robotics company, today announced the successful closing of a financing round of over €185 million through a combination of equity and debt capital to support the company’s growth plans. The fundraising, which was supported by all of the Company’s existing major investors, includes a new debt investment from Trinity ... Read more ›
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Paris-based Revaia, a leading independent European growth investor, today announced the final closing of its second fund, ‘Revaia Growth II’, at €250 million, bringing its total assets under management to €600 million. Bpifrance and the European Investment Fund (EIF), supporters since the first closing, are now joined by nine new institutional LPs, including the insurer ... Read more ›
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In an exclusive update to EU-Startups, Eindhoven-based Maps Untold, a TravelTech startup, has raised €350k in funding to officially launch its AI-powered personalised city guide platform in two months time. The round saw participation from Rabobank and the Leisure Ontwikkel Fonds, and the funds will be used to complete the company’s minimum marketable product, expand ... Read more ›
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The 3rd InnoEX, Asia’s most anticipated innovation and technology event, jointly organised by the Innovation, Technology and Industry Bureau of the Government of the Hong Kong Special Administrative Region and the Hong Kong Trade Development Council (HKTDC), will take place alongside the 21st HKTDC Hong Kong Electronics Fair (Spring Edition) at the Hong Kong Convention ... Read more ›
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Vantaa-based Fiberdom, an innovator in wood fibre material innovation, has secured €3.5 million in funding to accelerate the development and scaling of its patented technology and its 100% plastic-free material. This funding was raised from long-term investor Heino Group together with two new investors, Nordic Foodtech VC, and Holdix Oy, alongside a €600k grant from ... Read more ›
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London-based Zepz, the global payments group behind WorldRemit and Sendwave, has secured a total of €152 million in revolving and term facilities, this will strengthen their financial position and position Zepz to capture new market opportunities. The €101.7 million revolving credit facility was led by HSBC Innovation Banking while HSBC Private Credit was the sole ... Read more ›
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Editor’s Note: This post was created in collaboration with and with financial support from EIT Digital. If you’re also interested in partnering with us, just reach out. Europe’s deep tech ecosystem continues to thrive, as evidenced by the recent announcement of the EIT Digital Champions 2025. This year’s competition attracted over 350 applications from high-growth companies leveraging digital ... Read more ›
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Paris-based WeeFin, a sustainable FinTech startup that helps financial institutions manage their sustainability strategies, has announced a new round of financing totalling €25 million to further develop their suite of products and strengthen its international presence through a London office. The funding round, which was completed 15 months after WeeFin’s Series A, is led by ... Read more ›
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Phlux Technology, a Sheffield-based infrared sensor startup, has raised €10.7 million in a Series A funding round to enable the next generation of fibre broadband connectivity and expand into the optical communications and sensing markets. The funding round was led by BGF with existing investors Octopus Ventures, Northern Gritstone, and Foresight also participating. Ben White, ... Read more ›
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Paris-based Tomorro, a platform innovating the contract-management market, has raised €25 million in its latest funding round, which will go hand-in-hand with the opening of offices outside France, more specifically in the Cologne region, in Germany. Led by XAnge and Acton Capital, the round company also backed by Adelie and Founders Future. Previous investors HenQ, Resonance, ... Read more ›
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We are thrilled to announce that Michael Cassau, Founder of Grover and SKROL, will be joining us at the EU-Startups Summit 2025 for an exclusive Fireside Chat titled “From Building & Exiting a Unicorn to the Plan of Acquiring 5,000 Ventures“. Michael is a visionary entrepreneur renowned for founding Grover, the Berlin-based tech rental platform that ... Read more ›
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05.04.2025 01:33
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