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EU-Startups
Stefano De Marzo @ EU-Startups · 08/20/2024 03:23 EDT

Oslo-based SportAI raises €1.6 million to harness computer vision for sports technique coaching

SportAI, a B2B sports technology company using AI to enhance sports technique coaching, commentary and analysis, has raised a €1.6 million seed funding round led by early-stage investor Skyfall Ventures. Other participants include Norwegian pension fund MP Pensjon; Dekel Valtzer (ex-pro tennis player and AI startup founder); and Sverre Munck (ex-EVP at Schibsted). Magnus Carlsen, ... Read more ›

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EU-Startups
Antonio L. Escárzaga @ EU-Startups · 08/20/2024 03:03 EDT

Former Infinileads owners launch new gambling comparison sites: DailySpin and IppicaOnline (Sponsored)

The former owners of Infinileads, a renowned name in the affiliate marketing sector, are making a significant return to the online gambling industry with the launch of two innovative gambling comparison sites, DailySpin and IppicaOnline. The new venture is spearheaded by industry veterans Eric Stoop, Jan Verrecas, John Roos, Gustaf Linder, and Niklas Lundström, who ... Read more ›

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EU-Startups
Sacha Michaud @ EU-Startups · 08/19/2024 10:19 EDT

How community and collaboration can fuel the next generation of unicorns

Before it was home to giants like Klarna, and Spotify, Sweden was once the largest global vendor of mobile phones and smartphones for a whole decade starting in 1998. Today it leads the charge in producing more unicorns per capita than any other European city. Its startup ecosystem is currently valued at $62 billion dollars, ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups · 08/19/2024 07:08 EDT

Ghent-based Uman snaps €1.9 million to disrupt sales enablement market with AI agent

Uman, a Belgian AI-driven software platform for B2B sales teams, has raised €1.9 million. The funding round was led by Holland Capital, together with existing investors imec and Seeder Fund. This is a pivotal moment for the Ghentian startup, as the investment will help scale the company’s international presence. For Uman’s founders, these are challenging ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups · 08/19/2024 06:30 EDT

Berlin-based Root raises €8 million to build the climate OS of the food industry

Root, a startup helping food and beverage companies get to net zero, announced they have raised an €8 million seed round, led by Christoph Janz at Point Nine, with participation from Project A, HelloWorld, Arc Investors, and a host of experienced startup operators. The RootOS platform helps companies across the food system manage their climate ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups 1 place · 08/19/2024 03:15 EDT

Zurich-based Apheros secures €1.65 million to cool down data centers via metal foams

Data centres are the backbone of the digital age, with unprecedented demand for digital infrastructure driven by the surge in the use of AI, machine learning, and supercomputing. However, their energy consumption is skyrocketing. By 2030, an estimated six percent of global energy consumption will be used specifically for cooling data centres. A shift from ... Read more ›

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EU-Startups
Tea Vrcic @ EU-Startups 1 place · 08/16/2024 09:53 EDT

Weekly funding round-up! All of the European startup funding rounds we tracked this week (Aug 12 – Aug 16)

This article is visible for CLUB members only. If you are already a member but don’t see the content of this article, please login here. If you’re not a CLUB member yet, but you’d like to read members-only content like this one, have unrestricted access to the site and benefit from many additional perks, you ... Read more ›

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EU-Startups
Wil Benton @ EU-Startups 2 place · 08/16/2024 06:00 EDT

Beyond venture capital: 5 funding alternatives startups should consider

Venture capital (VC) is an important source of funding for startup founders. While VC funding can provide crucial fuel for startups looking to scale, it’s not suitable for every business. Fortunately, there are alternative routes to funding. In this article, we will explore the pros and cons of VC funding for startups and alternative streams ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups 3 place · 08/16/2024 04:41 EDT

Danish VC Nine Realms lands €50 million from EIF to decarbonise the supply chain sector

The European Investment Fund (EIF) has signed a €50 million participation in Danish VC Nine Realms’ latest fund, focusing on supporting early-stage technology-enabled SMEs in the supply chain sector. The main goal of the investment is to support companies with strong ideas to improve the environmental footprint of the global supply chain, which can account ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups 1 place · 08/16/2024 04:24 EDT

London-based health tech Hexarad secures €13 million for its teleradiology platform

Radiology technology company Hexarad has completed a €13 million growth round, with European healthtech growth equity investor MTIP leading the round alongside reinvestment from existing shareholders, including the Foresight Group. Headquartered in London, Hexarad was founded in 2016 by a group of NHS consultant radiologists and is now one of the UK’s fastest growing healthtech ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups · 08/16/2024 04:06 EDT

London-based trumpet bags €5.7 million to centralise the whole sales cycle into collaborative pods

trumpet, a platform putting buyers at the heart of the sales journey, announced it has raised €5.7 million in a seed funding round led by AlbionVC. Previous investors Lightbird Ventures, Anamcara Capital and Triple Point Ventures also contributed to the round, which will enable trumpet to expand to the US. The new funding will help ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups 1 place · 08/14/2024 08:49 EDT

Cyprus-based Eschatology Entertainment secures €10.2 million to finalise upcoming games

Nicosia-based Eschatology Entertainment, a game development studio known for its team of industry veterans, announced the closing of a €10.2 million investment round led by KRAFTON, with GEM Capital and The Games Fund joining the round. This way, GEM Capital has further expanded its ownership in the company, demonstrating strong commitment to the team. This ... Read more ›

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EU-Startups
Antonio L. Escárzaga @ EU-Startups 2 place · 08/14/2024 07:14 EDT

EU-Startups Podcast | Episode 81:  Pablo Pedrejon, Partner at Seaya

In this episode, we catch up with Pablo Pedrejon, Partner at Seaya. Seaya has recently closed Seaya Andromeda, the first Article 9 climate-tech fund based in Southern Europe, at €300 million. Seaya’s new fund will invest between €7-40 million as an initial check and will retain capital for follow-on investments. It plans to make 25 ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups 1 place · 08/14/2024 05:01 EDT

Munich-based Voiceline snaps €2.4 million to free sales teams from tedious administrative tasks

Voiceline, a German startup revolutionizing field service with cutting-edge voice and AI technology, announced it has raised a €2.4 million seed round, increasing its total funding to €4.2 million. Venture Stars and Scalehouse Capital led the round. Also joined Cavalry Ventures, who invested in the pre-seed round together with several business angels. Voiceline’s angels include ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups 3 place · 08/14/2024 04:41 EDT

Belgian startup Hedera-22 raises €2 million to accelerate progress for a sustainable agriculture

Hedera-22, a spin-off from ULiege and a pioneer in the development of an intelligent platform for the discovery of new biomolecules with bio-pesticide activity, announced that it has raised about €2 million in funding. This financing, including a capital increase by its shareholders – Aravis, Gesval, Noshaq et K&E – combined with subsidies from the ... Read more ›

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EU-Startups
Antonio L. Escárzaga @ EU-Startups · 08/14/2024 04:08 EDT

High on innovation: 10 European startups unlocking the transformative power of cannabis

The global perception of cannabis has undergone a significant shift in recent years, particularly as its potential for medical and wellness use has come to the forefront. What was once largely associated with drug misuse is now increasingly recognised for its therapeutic benefits, leading to a surge in the development of cannabis-based medicines and wellness ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups · 08/14/2024 03:33 EDT

Reykjavik-based PLAIO raises €4.3 million to expand its AI planning platform for pharma industry

PLAIO, an Iceland-founded AI-assisted decision support platform for the pharmaceutical industry, has raised €4.3 million in an oversubscribed round. The round was led by Iðunn, a venture capital fund managed by Kvika Asset Management, with continued support from existing investors Frumtak Ventures and Dr. Agon. PLAIO will use the funding to implement strategic enhancements to ... Read more ›

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EU-Startups
Elina Vale @ EU-Startups · 08/13/2024 09:50 EDT

Cathedral thinking: Why we (still) need to talk about women in tech

A lot has happened in the last century to advance women in society. In 1965, French Civil Code reforms allowed married women in France to practice a profession without their husbands’ permission. In 1970, the UK Equal Pay Act went into effect to eliminate wage disparity between men and women for the same work. In ... Read more ›

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EU-Startups
Thomas Ohr @ EU-Startups · 08/13/2024 06:59 EDT

How a German billionaire almost donated €1.5 million to me this week

Do you also sometimes get emails from billionaires who want to gift you money? Did you ever wonder what happens when you respond? The summer slowdown in “real” emails led me on the adventurous trail of trying it out for you. Here is what happened: On August 12, I received the following email: I’m Ms. Maria ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups · 08/13/2024 05:13 EDT

London-based Clearly secures €3.9 million to drive Net Zero targets in supply chains

Clearly, a climate intelligence platform using AI to provide fleet operators with unique and critical trip-level emission and energy insights, announced the close of its €3.9 million seed round. The round, led by Pace Ventures and Nine Realms, also saw participation from existing mobility investors Mobilion, Next Gear and M1720 alongside notable angels Lord Nash ... Read more ›

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