Swiss Fintech startup Numarics, a company building the business OS, has raised a €10.2 million Seed round for its automated accounting and administration solution tailored to SMEs. The investment was co-led by UBS through UBS Next, the firm’s venture and innovation unit, together with FiveT Fintech (formerly Avaloq Ventures) alongside previous investors Wingman Ventures and ... Read more ›
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Every second European suffers from sleep problems. However, the currently available solutions do not address the root causes. Instead, they offer temporary relief from the worst symptoms instead of long-term improvements, and often come with undesirable side effects. Industry experts agree that CBT is currently the single most effective tool to combat sleep problems. Unfortunately, ... Read more ›
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In today’s data-driven world, the importance of storage has become a central concern for both companies and users. As the volume of data continues to grow exponentially, current solutions have evolved to address the challenges associated with efficient access to information and robust security. However, the issues of centralisation and security become more pronounced as ... Read more ›
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Start-ups from all over the world active in the digital, health tech and space fields are invited to submit applications to Luxembourg’s renowned accelerator programme Fit 4 Start. 6 months of tailor-made coaching, free access to incubator co-working space, excellent opportunities to meet investors and partners and up to €150,000 of equity-free funding are on ... Read more ›
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In a world that urgently requires adaptation to climate change across all sectors, forests play a crucial role. Recognizing this importance, multiple industries are increasingly turning to wood and forests as part of the solution for a more sustainable future. Such a shift in demand necessitates accurate and accessible information and Swedish company Treebula aims ... Read more ›
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Twinsity, a leading deep-tech startup specialising in AI-based infrastructure inspection, announced it has secured a €2.5 million funding round from the European Innovation Council Accelerator (EIC). This fresh capital not only validates Twinsity’s outstanding achievements to date but also drives the company towards further development and expansion on a global scale. The funding from the ... Read more ›
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Formaloo, a no-code startup based in Estonia which offers professional teams a collaboration platform for building business apps, has closed a seed round of €2 million, led by Change Ventures. The investor lineup includes Hyde Park Venture Partners, Mana Ventures, and Startup Wise Guys. Greg Barnes, Partner at Hyde Park Venture Partners, says: “Formaloo is ... Read more ›
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CarbonNeutral, a fast-growing provider of carbon-offsetting solutions, has recently announced the expansion of its innovative service to 18 European countries. The company facilitates seamless integration with most bank accounts across the region, using Open Banking APIs. This move is expected to attract a larger user base, with CarbonNeutral aiming to reach 100,000 users by the ... Read more ›
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Mozza, a respected product studio for top-tier startups across Europe, is announcing the launch of Mozza Angels, a business angel syndicate that aims to elevate the product culture in the European tech ecosystem. Bringing together more than 50 of Europe’s leading product operators, the syndicate aims to revolutionize venture investing by prioritizing product excellence within ... Read more ›
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Editor’s Note: This article was contributed by guest writer Marta Zaccagnini Senior Manager at Village Capital. Technology has a huge potential to positively support refugees and other migrants fleeing their home countries for economic or social reasons. Tech products can help connect refugees to their host countries’ banking systems (ever more important as Europe becomes increasingly ... Read more ›
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The ability to develop new materials has impacted society tremendously but today it can take up to 10 years to discover new materials in the lab and a further five years to test and scale a new discovery to mass production, which is holding back innovation across the globe. By accelerating every step of materials ... Read more ›
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An increasing number of corporations are facing larger decision-making models and escalating demands in their process control. Traditional computers, with their current architectures, are approaching their boundaries when it comes to optimization algorithms, simulation processes, and the implementation of Artificial Intelligence (AI). Quantum computing, an evolving technology, presents a potential solution to these issues by ... Read more ›
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Quside, the spin-off of the Institute of Photonic Sciences (ICFO) of Barcelona that offers advanced randomness solutions for the cybersecurity and high-performance computing markets, has added new investors to the funding round announced last year. On this occasion, the company has been backed by the Catalan Institute of Finance (ICF), as well as other business ... Read more ›
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While total VC investment into UK businesses has slumped, B2B technology enablement is becoming a key driver of investment, not only in finance but across every sector. In that scenario, Immersive Fox, a tech startup specialising in AI-generated videos for sales and corporate communication, has closed a €3.3 million Seed funding round to help advance ... Read more ›
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The Planning Office of the German Armed Forces has awarded Airbus Defence and Space GmbH, Quantum-Systems GmbH and Spleenlab GmbH with a research endeavor to demonstrate and analyze the AI building blocks required for swarms of tactical UAS in a real-world scenario. The project, titled KITU 2 (Künstliche Intelligenz für taktische UAS; Artificial Intelligence for ... Read more ›
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Synthetic genes are widely used by researchers to understand the mechanisms of disease, and in the drug discovery process to combat them. However, the cost, time and accuracy of traditional DNA synthesis methods developed in the 1980s remain problematic, particularly when creating long or complex sequences of genes. Camena Bioscience, a synthetic biology company that ... Read more ›
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Finding your first investors is a make-or-break moment for startups, but it is not such an easy task. Drawing on the expertise of EIT Health, one of Europe’s largest healthcare innovation networks, we delve into the top obstacles that startups face during this pivotal stage, from dispelling misconceptions to finding the right investors instead of ... Read more ›
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Farmy, a Swiss online market and B Corp, announced the successful close of its €10.7 million financing round. The fresh capital comes mainly from existing investors, but also from new investors who support Farmy and believe in the success of the company, whose core strengths continue to include its sustainability, transparency and close relationships with ... Read more ›
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Exeliom Biosciences, a clinical-stage biopharmaceutical company specialized in the development of microbiome-based immunotherapies with a mission to bring innovation to the treatment of inflammatory bowel diseases, cancer, and infectious diseases, announced today the completion of its €24 million Series A to progress the clinical development of its therapeutic pipeline, including several clinical trials of EXL01, ... Read more ›
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30.11.2024 01:34
Last update: 01:15 EDT.
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