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EU-Startups
Stefano De Marzo @ EU-Startups 2 place · 02/09/2024 03:07 EDT

Stockholm-based Xensam raises €37 million to fuel the next generation of AI-powered Software Asset Management

Xensam, a leading technology provider of AI-powered Software Assessment Management, is announcing that it has raised €37 million in growth funding from Expedition Growth Capital. The previously bootstrapped company will use the funding to invest in AI product development and expand operations in the US and Europe.  As the SaaS market continues to grow considerably, ... Read more

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EU-Startups
Alessandro Ravanetti @ EU-Startups · 02/08/2024 09:17 EDT

Redefining creativity in the AI age: Insights from Carlos Cantu, Freepik’s CMO

In times when AI’s buzz is inescapable, its profound impact on marketing strategies and content creation can’t be overstated. But how can it be leveraged to enhance efficiency without compromising creativity? Is it possible to work smarter, not just harder, in this AI-driven landscape? To uncover answers to these pressing inquiries, we turn to Carlos ... Read more

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EU-Startups
Antonio L. Escárzaga @ EU-Startups · 02/08/2024 06:06 EDT

Innovation in the Baltics: 10 promising Latvian startups everyone should keep an eye on in 2024

Latvia, a Baltic nation boasting a population of 1.9 million, is currently experiencing a surge in entrepreneurial activity, marked by the presence of over 500 active startups that collectively contribute to the nation’s dynamic landscape of innovation. In 2022, Latvia marked a milestone in its entrepreneurial journey with three notable exits—Vendon, GetaPro, and Nordigen—indicating a ... Read more

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EU-Startups
Antonio L. Escárzaga @ EU-Startups · 02/08/2024 05:46 EDT

EU-Startups Podcast | Episode 53: Lena Hackeloer, founder and CEO of Brite Payments

In this episode, Lena Hackeloer, founder and CEO of Brite Payments, one of Sweden’s fastest-growing fintech companies based in Stockholm and operating across 25 European markets, discusses her journey of building a fintech startup and raising over €55 million in funding. Lena shares her insights on the importance of strong investor-founder relationships and building a ... Read more

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EU-Startups
Antonio L. Escárzaga @ EU-Startups 3 place · 02/08/2024 03:59 EDT

Stockholm-based MANTLE secures over €2.8 Million for Clean Skincare Expansion

Stockholm-based MANTLE, a company developing clean and clinical skincare since 2020, has secured over €2.8 million in a round led by London-based venture capital firm Venrex. The round brings the company’s total funding to date to more than €8 million. The investment aims to further expand MANTLE across Europe and the UK, where MANTLE recently ... Read more

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EU-Startups
Stefano De Marzo @ EU-Startups · 02/08/2024 03:11 EDT

Vilnius-based Axiology bags €2 million to set in place tokenised securities infrastructure in Europe

Axiology, a DLT securities trading and settlement infrastructure, has secured a €2 million investment round co-led by Baltic Sandbox Ventures and Coinvest Capital, an early-stage venture capital fund, acting in a group with accredited business angels and angel syndicates. The investment will be used towards the development of a fuly functional, regulatory-compliant infrastructure, positioning Axiology ... Read more

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EU-Startups
Stefano De Marzo @ EU-Startups · 02/08/2024 02:45 EDT

Stockholm-based Myrspoven lands €5.4 million to make real estate cope with its carbon emissions goals

Myrspoven, a leading AI software company operating within building optimization, announced the successful completion of a €5.4 million equity funding round. The investment was led by 4impact capital, Vantaa Energy, and existing investor AMAVI Capital. As of today the Swedish company is running +3,500,000 square meters across 8 countries and saves on average 20% of ... Read more

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EU-Startups
Stefano De Marzo @ EU-Startups · 02/08/2024 02:01 EDT

Budapest-based Qneiform raises €750k to shake up the executive search industry with talent AI models

Qneiform, a Hungarian startup that builds software that allows users to find their perfect next hire, announced it has raised €750k of pre-seed investment from the Samen Slimmer Alliance, made up of venture funds DFF, Keen Venture Partners, and Slimmer AI. The investment will support industry vertical and geographic expansion. In addition, through the partnership ... Read more

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EU-Startups
Stefano De Marzo @ EU-Startups · 02/08/2024 00:56 EDT

Copenhagen-based neobroker Pluto.markets snaps €2.4 million to become a leading challenger in the Nordics

Pluto.markets, a Y-Combinator backed brokerage startup founded by a former Goldman Sachs Trader, announced the closure of a €2.4 million funding round to disrupt the brokerage market in the Nordics and beyond. The funding round is led by Magnetic, a Berlin-based technology investor. The round saw participation from no less than 6 local unicorn founders ... Read more

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EU-Startups
Alexander Pavlov @ EU-Startups · 02/07/2024 11:02 EDT

Resisting the next AI ‘hype cycle’: A strategic investment perspective

Every investor is talking about the impact of AI. And, with the launch of tools like ChatGPT bringing AI into the mainstream, companies have been rushing to implement the hottest AI tools in an attempt to not be left behind. However, we desperately need to take a more balanced view of AI and similar technologies when it ... Read more

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EU-Startups
Antonio L. Escárzaga @ EU-Startups · 02/07/2024 09:34 EDT

Bridging Growth and Innovation: Insights from Claret Capital and Botify (Sponsored)

In this interview, we had the pleasure of having Antony Baker, Principal at Claret Capital Partners, and Adrien Menard, Co-Founder and CEO at Botify, to unveil the dynamics of venture debt in the tech ecosystem and the evolving landscape of SEO. This conversation explores the synergy between financing strategies and digital marketing, offering an inside ... Read more

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EU-Startups
Stefano De Marzo @ EU-Startups · 02/07/2024 09:15 EDT

Düselldorf-based Kauz closes €2.3 million to expand AI assistants for companies’ internal needs

Kauz, a German chatbot company, has secured €2.3 million from the investor network Companisto for further expansion of its generative AI platform. As one of the regional leaders in chatbot applications, Kauz combines leading large language models with its self-developed NLU (Natural Language Understanding) technology, enabling controlled AI deployment in businesses. Kauz entered the market ... Read more

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EU-Startups
Antonio L. Escárzaga @ EU-Startups · 02/07/2024 07:48 EDT

Viva l’Innovazione: 10 innovative Italian startups to keep an eye on in 2024 and beyond!

Departing from its traditional landscape, Italy has given rise to numerous entrepreneurial endeavours that not only reshape industries but also redefine the limits of achievement. From Rome to the tech hubs of Milan, Italy’s startup scene has solidified its position as a formidable force. In 2022, Italy’s fintech startups, Scalapay and Satispay, achieved unicorn status, ... Read more

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EU-Startups
Stefano De Marzo @ EU-Startups · 02/07/2024 05:36 EDT

Bristol-based Clue Software snaps €4.7 million to keep supporting intelligence teams across the globe

Clue Software, a leading provider of software for investigations and intelligence management, announced a €4.7 million funding led by Frog Capital, with €1.2 million from angel investors and employees, supported by investment advisor ScaleUp Group. Founded by Clare Elford (CEO), and Thomas Drohan (CCO), the tech for good platform has grown exponentially despite challenging UK ... Read more

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EU-Startups
Stefano De Marzo @ EU-Startups · 02/07/2024 04:07 EDT

Milan-based Voidless raises €2.2 million to confront the overpackaging problem with “box on demand” solution

Voidless, an Italian deeptech startup that has focused its activity on solving the overpackaging problem, announced the closing of a seed round of €2.2 million led by CDP Venture Capital – through the Corporate Partners I Fund – Industry Tech sector – and the Italian-French Venture Capital company 360 Capital. The two investors participated in ... Read more

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EU-Startups
Stefano De Marzo @ EU-Startups · 02/07/2024 03:14 EDT

Berlin-based DUDE CHEM gets €6.5 million to make Europe a major hub for chemical-pharmaceutical production again

Green chemistry startup DUDE CHEM has closed a €6.5 million seed round to help drive the shift in the chemical and pharmaceutical industries toward sustainable, local production that is more cost-efficient. The funding round was co-led by leading venture capital firms Vorwerk Ventures and b2venture. Further investors include Frontline, Borski Fund, Auxxo, and Push Ventures. ... Read more

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EU-Startups
Stefano De Marzo @ EU-Startups · 02/07/2024 02:40 EDT

Helsinki-based Reveel closes 650k to turn paper maps into smart digital guidebooks for the tourism sector

Finnish startup Reveel announced it has secured 650k in a pre-seed round from Inventure VC as well as top-tier angel investors from Finland. The Reveel platform allows any actors in the tourism sector, from museums to cities, to easily turn their paper maps and info boards into smart, digital guidebooks that open up directly in ... Read more

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EU-Startups
Antonio L. Escárzaga @ EU-Startups · 02/06/2024 08:58 EDT

Irish rising stars: 10 promising startups you must keep an eye on in 2024

Ireland provides a fruitful environment for startup growth, featuring advantageous tax policies, access to funding, and a highly educated workforce. With Dublin as the focal point of the country’s startup scene, the city attracts both local and global entrepreneurs, hosting nearly 60% of the sector’s companies. The Irish government actively supports startups through strategic investments, launching ... Read more

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EU-Startups
Antonio L. Escárzaga @ EU-Startups · 02/06/2024 07:38 EDT

Croatia-based Project 3 Mobility announced the closure of a €100 million Series A investment round

Croatia-based Project 3 Mobility (P3), a pioneering company developing its own autonomous electric vehicle, specialised infrastructure, and mobility service, announced the successful closure of its Series A investment round. The company has amassed an impressive sum of approximately €100 million from private investors, marking a significant milestone in its journey towards reshaping the future of ... Read more

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EU-Startups
Antonio L. Escárzaga @ EU-Startups · 02/06/2024 07:17 EDT

Tallinn-based Tuum, a cloud-native banking platform, raised €25 million to fund product and market development

Tuum, a Tallin-based next-generation core banking provider raised €25 million, in a series B financing round led by CommerzVentures, with participation from Speedinvest alongside existing investors.  Tuum has expanded rapidly since signing its first client partnership in February 2019, working with banks to ease their digital transition onto cheaper, flexible systems that can free them ... Read more

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