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EU-Startups
Juan Huguet @ EU-Startups · 10/15/2024 06:34 EDT

AI innovators score the 2024 Nobel Prize – a turning point for science and innovation

Last week, the scientific world celebrated a historic event: John Hopfield and Geoffrey Hinton were awarded the 2024 Nobel Prize in Physics for their groundbreaking contributions to neural networks and deep learning. At the same time, Demis Hassabis, head of DeepMind, received the Nobel Prize in Chemistry for the development of AlphaFold, which has revolutionised ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups · 10/15/2024 06:00 EDT

Reykjavik-based AviLabs raises €8 million to renovate airline passenger disruption management

As airlines continue to seek solutions to disruptions that impact more than 150 million passengers a year, Frumtak Ventures, a venture capital fund based in Iceland, with backing from existing investor Brunnur Ventures, has led an €8 million investment in AviLabs whose technology Plan3 is redefining how airlines handle these challenges. With airline disruptions causing ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups · 10/15/2024 05:00 EDT

Dutch unicorn DataSnipper supercharges AI-driven audit automation with acquisition of UpLink

DataSnipper, a intelligent automation platform transforming audit and finance, announced a dual milestone: the acquisition of AI-native UpLink, a cloud-based secure document request portal, and the launch of DocuMine, a new AI-powered document validator.  The move dramatically expands DataSnipper’s goal to build a comprehensive AI-powered audit ecosystem with global impact. It follows DataSnipper’s recent $100 ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups · 10/15/2024 04:30 EDT

Berlin-based Nomos raises €1.9 million to empower European businesses and consumers with dynamic electricity plans

Nomos, a Berlin-based energy tech startup, announced it has raised €1.9 million in a pre-seed funding round led by Speedinvest. The round also saw participation from prominent entrepreneurs including Eric Quidenus-Wahlforss (Co-Founder of Soundcloud & Dance), Henrik Langeland (Co-Founder & CEO of Enode), Nicolas Benady (Co-Founder & CEO of Swan), and the founding team of ... Read more ›

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EU-Startups
Antonio L. Escárzaga @ EU-Startups · 10/15/2024 04:29 EDT

London-based investment firm 20VC raises its third fund sized at over €360 million

20VC, the London-based venture capital firm led by Harry Stebbings, has successfully closed its third fund, raising an impressive over €360 million. This new fund is split into two key parts: €114.7 million for Seed investments and $252.3 million for Series A funding. This latest round marks a 2.5x increase from 20VC’s second fund, which ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups · 10/15/2024 03:57 EDT

Paris-based Stoïk raises €25 million Series B to expand its cyber insurance platform in Europe

French cyber insurance leader Stoïk announced a €25 million Series B funding round led by Alven with participation from existing investors: Andreessen Horowitz, Munich Re Ventures, Opera Tech Ventures, and Anthemis.  Stoïk also announced the addition of Cyber Integrity Capital (CYBICA) and Tokio Marine HCC International (TMHCCI), a leading specialty insurance group and a member ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups · 10/14/2024 10:00 EDT

Strasbourg-based Aerleum raises €5.5 million to revolutionize CO₂ Capture and conversion technology

Aerleum, a pioneering climate tech company specializing in CO₂ capture and utilization, announced the successful close of its €5.5 million seed round, led by 360 Capital and HTGF, with participation from Norrsken, Bpifrance, and Marble. The funding will accelerate the industrialization of Aerleum’s breakthrough technology, which transforms atmospheric CO₂ and low-carbon hydrogen into synthetic fuels ... Read more ›

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EU-Startups
David Beckett @ EU-Startups · 10/14/2024 07:57 EDT

Do cold pitches work? How to successfully contact investors for the first time

While a warm introduction is ideally the best way to connect with an investor, in many cases, that’s not an option. Many founders must rely on cold pitches to reach investors. A cold pitch is an unsolicited message to an investor with whom you have no prior relationship. It’s your first attempt to grab their ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups · 10/14/2024 05:54 EDT

Finnish startup LOUHE.ai raises €3 million to innovate solutions for cyber-physical security needs

Oulu-based LOUHE.ai, a startup that gathers essential data sources from campuses and buildings and creates intelligent situational awareness utilizing machine learning and Explainable AI, raised more than €3 million in funding in its latest funding round, especially to speed up its international growth. In addition to Lifeline Ventures, which acts as the main investor, several ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups 2 place · 10/14/2024 03:43 EDT

French telecom startup Constellation Technologies & Operations raises €9.3 million to offer internet access from space

Montigny-le-Bretonneux-based Constellation Technologies & Operations, a startup developing a constellation of satellites to empower telecom operators to deliver high-speed, low-latency internet access from space, has secured €9.3 million in funding.  The investment comes from Expansion, which is a fund dedicated to New Space and New Air Mobility, and the French Tech Seed fund managed by ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups · 10/14/2024 03:30 EDT

Manchester-based Concretene secures €3.5 million to roll out carbon-saving construction tech

Concretene, a nanomaterial technology firm that aims to decarbonise the concrete industry,  has secured €3.5 million in investment to bring its carbon-saving concrete admixture to market. The round was led by Molten Ventures, while LocalGlobe has further committed itself to the project. The investment will fund the development of the Concretene product – a graphene-enhanced ... Read more ›

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EU-Startups
Antonio L. Escárzaga @ EU-Startups · 10/14/2024 03:06 EDT

Softner Solutions introduces the Softner Mini-PC N200 and cutting-edge multi-player experience (Sponsored)

Softner Solutions, unveiled its latest innovation, the Softner Mini-PC N200, alongside a multi-player experience. Known for pushing the boundaries of gaming and business technology, Softner Solutions provides high-quality, versatile products designed for a wide array of applications. Introducing the Softner Mini-PC N200 The Softner Mini-PC N200 is designed to be the ultimate all-purpose computing solution. ... Read more ›

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EU-Startups
Tea Vrcic @ EU-Startups 1 place · 10/11/2024 11:09 EDT

Weekly funding round-up! All of the European startup funding rounds we tracked this week (Oct 7 – Oct 11)

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
Antonio L. Escárzaga @ EU-Startups 1 place · 10/11/2024 10:00 EDT

Europe takes the lead: New ranking reveals surprising shift in the global venture capital landscape

The venture capital landscape, a critical driver of innovation and startup growth, has long been dominated by U.S.-based firms. These firms traditionally lead the way in funding emerging technologies and disruptive businesses globally. However, the latest HEC Paris-Dow Jones Venture Capital Performance Ranking, a study that evaluates the world’s top-performing VC firms, reveals a dramatic ... Read more ›

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EU-Startups
Antonio L. Escárzaga @ EU-Startups 2 place · 10/11/2024 05:52 EDT

Breukelen-based PhotonVentures secures €5 million strengthening the Dutch photonics ecosystem

PhotonVentures, a specialised deep tech fund founded in 2023 that focuses on investing in photonics startups in the Netherlands and across Europe, has secured a €5 million investment led by Invest-NL, with contributions from a group of new private investors. This investment not only strengthens the fund’s capital base but also underscores the crucial role ... Read more ›

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EU-Startups
Kilian Kaminski @ EU-Startups 3 place · 10/11/2024 04:43 EDT

Profit meets purpose: Unlocking growth through sustainable business models

The adoption of purpose-driven business models has gained considerable momentum in recent years, disrupting the corporate status quo of finding niches to sell and building niches to create social or ecological impact. There is growing recognition that having a strong sense of purpose and values meets ever-evolving societal expectations and enables businesses to operate at ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups 2 place · 10/11/2024 04:00 EDT

New Danish fund PSV Hafnium secures €38.2 million to invest in early-stage deep tech in Denmark and the Nordics

PSV Hafnium, a Danish venture fund dedicated solely to deep tech, has landed a €24.8 million commitment from the European Investment Fund (EIF) and a €13.4 million commitment from Export and Investment Fund of Denmark (EIFO) in supporting groundbreaking startups in Denmark and across the Nordic region. With a fund size cap of €80.4 million ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups 2 place · 10/11/2024 03:36 EDT

Digital bank Monzo announces employee secondary share sale valuing the company at €5.4 billion

Leading digital bank Monzo has launched a secondary share sale with a group of renowned global technology investors to provide liquidity to employees as the business continues to scale at pace. The share sale enables the company to meet further demand from investors to buy into Monzo equity, and values Monzo at €5.4 billion. Investors ... Read more ›

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EU-Startups
Stefano De Marzo @ EU-Startups · 10/10/2024 06:00 EDT

Paris-based baCta secures €3.3 million to revolutionize natural rubber production

baCta, a startup making biosynthetic carbon-negative natural rubber produced using engineered microorganisms and renewable feedstocks, has successfully raised €3.3 millions in pre-seed funding. The round was led by OVNI Capital, and with participation from Kima Ventures, Sharpstone Capital, another.vc and prominent business angels such as Thibaud Elziere and members of the Hexa team and Nicolas ... Read more ›

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EU-Startups
Antonio L. Escárzaga @ EU-Startups 2 place · 10/10/2024 04:55 EDT

Unleash the power of AI: 10 tools to skyrocket your business

Artificial Intelligence (AI) has been a part of our world for a long time, though it often went by different names or was an emerging concept not yet fully understood. From early automation technologies to more recent advancements in machine learning, the underlying principles of AI have steadily evolved over decades. What we now recognise ... Read more ›

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