Stockholm-based Varangians, a new DefenceTech-focused investment fund co-founded by Beetroot founder Andreas Flodström, has closed at over €9.1 million (100 million kronor) to back Ukraine’s DefenceTech ecosystem. The fund has already completed investments in Ukrainian DefenceTech companies including Norda Dynamics, Himera and Sine Engineering, while a fourth portfolio company remains confidential. Varangians Co-founders Pär Lager, ... Read more ›
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Europe’s startup scene is buzzing with innovation, yet the question remains: how can these companies get the funding they need to grow at home? European VC-backed firms have already created huge value, but there is still less late-stage capital than in the US. That gap often pushes promising companies to scale abroad, taking jobs, IP, ... Read more ›
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Milan-based NanoPhoria Bioscience today announced the successful first close of its €83.5 million Series A financing round – the largest ever Series A round in Italian BioTech history – for its lung-to-heart drug delivery platform. The round was led by XGEN Venture, Sofinnova Partners, and CDP Venture Capital, with Panakes Partners also investing and one ... Read more ›
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From 12-15 October, Dubai Harbour will host the 10th anniversary edition of Expand North Star, the world’s largest event for startups and investors. Organised by Dubai World Trade Centre and hosted by Dubai Chamber of Digital Economy, this milestone year promises to be the biggest and most ambitious to date. Over the past decade, Expand ... Read more ›
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Manchester-based PEAK:AIO has secured €5.7 million in funding to accelerate the global rollout of its high-performance storage platform for artificial intelligence. The round was led by Pembroke VCT, which invested €4.2 million, alongside NPIF II – Praetura Equity Finance and a Silicon Valley investor. Founded by data infrastructure Mark Klarzynski in 2021, PEAK:AIO develops ultra-fast, ... Read more ›
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We are excited to kick off with our first speaker announcement for the EU-Startups Summit 2026, which will take place for the third time in sunny Malta on May 7-8! Natalia Shahmetova, CEO and Co-founder of nove8 and Woofz, will be joining us on stage to share her entrepreneurial journey and insights into building one ... Read more ›
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The European Institute of Innovation and Technology (EIT), the EU’s largest innovation ecosystem, has approved a record €978 million package to support innovation, entrepreneurship and skills development across Europe between 2026 and 2028. As part of Horizon Europe, the EIT integrates business, education and research through its Knowledge and Innovation Communities (KICs), which address challenges ... Read more ›
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From OpenAI to Deepseek to Perplexity, a new wave of AI companies have become household names in the past year. These innovators have become synonymous with the fast-moving technological revolution in the U.S. and China. In contrast, Europe often appears to be a third wheel. The continent is burdened by innovation-dampening high taxes, bureaucracy, and ... Read more ›
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MokN, a Paris-based cybersecurity startup launched in 2024, has raised €2.6 million in Seed funding to expand its deception-based identity protection technology and initiate its commercial rollout in the United States. The round was led by Moonfire, with participation from OVNI Capital, Kima Ventures, and several notable business angels. “The project was born out of ... Read more ›
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Dutch LegalTech startup Saga has raised over €1.5 million in a Seed round for its AI platform, backed by Dutch and Norwegian investors in order to expand internationally. Saga is planning a Series A investment round in early 2026 to support continued product development and accelerate international expansion. “Because many mid-sized firms and local champions ... Read more ›
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London-based AI health coaching app Simple Life has raised 33 million in a Series B round led by Hartbeat Ventures, founded by actor and entrepreneur Kevin Hart, with participation from Liquidity, an AI-driven private credit firm. The new funding comes after a year of rapid growth for the startup. In 2024, Simple generated $100 million ... Read more ›
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Copenhagen-based venture capital firm 55 North has announced the first close of its €300 million inaugural fund, raising €134 million with backing from anchor investors Novo Holdings and EIFO (Export and Investment Fund of Denmark). Positioned as the world’s largest dedicated quantum technology fund, it will target investments across quantum computing, sensing, and communications. Founded ... Read more ›
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London-based petcare technology company Lupa has raised a Series A round to accelerate the adoption of its AI-native veterinary software across Europe and launch a dedicated Veterinary AI Lab. Founded in 2023 by Nicolò Frisiani, Matei, and Raul, Lupa brings together talent from leading global tech firms, including Meta, Google, Amazon, Palantir, PayPal, DeepMind, and ... Read more ›
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Deventer-based startup OpusFlow has secured €3.8 million in growth funding to accelerate the expansion of its automation platform for renewable energy installers. The round was led by Move Energy, with participation from Rise PropTech and existing investor Peak. Founded in late 2022 by Diego Smits and Joey Teunissen, integrates key processes for solar, heat pump, ... Read more ›
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This week on the EU-Startups Podcast, we sit down with RocĂo Alcocer Magirena, Managing Director of Norrsken Barcelona, one of Europe’s largest hubs for tech and impact startups. Founded in Sweden in 2016 by Niklas Adalberth, Norrsken is expanding across the continent with a mission to support entrepreneurs tackling the world’s most pressing challenges. The ... Read more ›
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Grenoble-based industrial deeptech startup TiHive has raised €8 million in funding to accelerate the global rollout of its terahertz and AI-powered inspection technology. The round was backed by Karista, Wind, and the EIC Fund. Founded in 2017 by Hani Sherry and Carlos Prada, TiHive develops real-time, non-destructive inspection systems that integrate directly into production lines. ... Read more ›
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Aerska, a Dublin-based BioTech company aiming to redefine the treatment of neurological diseases, today announced it has raised €17 million in Seed financing to develop systemically administered RNA interference (RNAi) medicines designed to silence genes that drive brain diseases. The round was co-led by Age1, Backed VC and Speedinvest, with participation from Blueyard, Lingotto (Exor), ... Read more ›
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fan3, a British entertainment technology company building a fan-first access platform for live events, today announced it has raised €4.2 million in funding from Improbable – with existing partnerships with artists like Zayn and Pitbull. “Real fans don’t usually sell their tickets immediately, and we make sure they get them first,” said Ross Taylor, CEO ... Read more ›
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Roscoff-based SeaBeLife, a BioTech company developing innovative drug candidates intended to block cellular necrosis, today announces a pre-Series A funding round worth €2 million. The financing was led by historical investor iXLife, alongside other longstanding shareholders Breizh Angels, WeLikeStartup, Angels Santé and the Business Angels des Grandes Ecoles. This round welcomes new investors, including INEXT ... Read more ›
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Vienna-based deep tech startup Optimuse has raised €4 million in seed funding to expand its AI platform for the engineering, renovation, and operation of buildings. The round was led by seed + speed Ventures and Blum Ventures, with participation from existing investors Matterwave Ventures and aws Gründungsfonds. Founded in 2021 by Dominik Pezzei, Fabian Pitscheider, ... Read more ›
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15.06.2026 02:05
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