Dunia, a pioneering force in AI-driven material discovery, today announced it has secured €10.6 million in funding co-led by Elaia and redalpine. Other backers include the EIC, Pace Ventures, Kindred Capital, Deep Science Ventures, and Anglo American as well as industry expert angels. Founded in 2022, Dunia uniquely combines novel science-based AI algorithms with a ... Read more ›
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Malta, a sunny Mediterranean island known for its rich history and picturesque landscapes, is rapidly becoming a hotspot for innovation and entrepreneurship. This small but thriving nation has successfully been positioning itself as a key player in the global tech scene, with a growing startup ecosystem that is attracting attention from investors, entrepreneurs, and corporates ... Read more ›
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On 11 November 2024, the Innovation Radar Prize returns for its 10th edition at La Distillerie in Lisbon, marking a major milestone for the European startup ecosystem. As part of both the Innovation Radar Project and the Innovation Radar Bridge series, this event is crucial in connecting Europe’s top startups and innovators with influential investors, ... Read more ›
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Fungiball, a fantasy tennis platform, announced a €2.2 million pre-seed funding round, by a combination of private business angels including Adrien Dassault and Stephan Altmuller, with additional support from Cliff Capital and BPI France. The funds will be used to grow the tech team to scale the platform and enhance user experience, develop new features, ... Read more ›
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Pfronten-based autarkize, a startup that scales a market-ready system technology with which a high-quality gas made of methane and hydrogen is obtained, has successfully closed a €2.3 million seed funding round. With the fresh capital, autarkize plans to accelerate its expansion, especially in the areas of biogas technology and heat and steam production. autarkize aims ... Read more ›
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Keel, a startup lowering tech barriers with a user-friendly platform for building custom operational software, aimed at growing, tech-enabled businesses, announced €5.5 million in seed funding from leading European investors Earlybird and LocalGlobe. Operations face a huge gulf between no-code and ERP solutions. When scrappy ops teams outgrow their original spreadsheets and no-code operations stack, ... Read more ›
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Bioniq, founded in 2019 and renowned for its personalized nutritional support based on blood biomarker data, announced that global soccer legend Cristiano Ronaldo has made a significant investment in the company, bringing its total valuation to €75.7 million. As a Bioniq member since 2022 and a regular user of its personalized supplements for nearly three ... Read more ›
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Avenue Biosciences, a transatlantic biotechnology company specialising in novel protein engineering technologies, announced the successful closing of their €2.3 million seed financing round. Led by Voima Ventures, with additional participation from Inventure and US angel investors, the funding will accelerate the development of Avenue Biosciences platform, designed to improve the efficiency of protein production in ... Read more ›
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FarmDroid, a startup helping farmers and plant breeders reduce their costs of manual labor, secured €10.5 million investment to accelerate the expansion of its autonomous, solar-powered agricultural robot in the conventional market The funding round was led by Convent Capital, with participation from EIFO and Navus Ventures, providing a total of nearly DKK 80 million. ... Read more ›
0
We are thrilled to kick off the speaker announcements for the EU-Startups Summit 2025 with Daniel Gebler, Co-founder and CTO of the Amsterdam-based unicorn Picnic! The event will once again take place in sunny Malta on 24-25 April 2025, and we couldn’t be more excited to have Daniel join us for this special edition of ... Read more ›
3
Polish database disruptor Oxla announced it has raised a €10.15 million seed round to redefine high-volume analytical data processing. Backed by TQ Ventures, Lead Ventures, Warsaw Equity Group, and 4growth VC, Oxla will use the funds to drive commercialization and product development, targeting market share from existing leaders and addressing demand from underserved segments in ... Read more ›
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A strong network is crucial to achieving success in venture capital. VCs need to foster meaningful, trusting relationships among founders as well as their fellow investors and the wider startup community. These links open career doors, help VCs discover deals, and ensure firms get a seat at the most sought-after cap tables. But for many, ... Read more ›
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DataCrunch, an European provider of AI computing infrastructure, has raised a €12 million seed funding round led by byFounders. The funding will be used to scale infrastructure as the company sets out to become Europe’s first hyperscaler – enhancing service delivery for AI companies by providing increased computing capacity. Other participants in the round include ... Read more ›
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Based in Paris, the hiring marketplace Candix has just raised €185k from top operators like Thibaud Elziere, Paul Vidal, Sofiane Bouhali, Sophie Riottot, with the aim of testing the US market after a successful launch in France. The current AI gold rush is instilling a secret desire in many big tech engineers to ditch the ... Read more ›
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European startup funding faltered in Q3 2024, with startups raising a total of $11.3 billion – down 35% compared to the same time last year according to Dealroom. However, total investment in European tech so far in 2024 totals $40.9 billion and is on track to equal 2023’s total investment ($58.2 billion), fueled by a ... Read more ›
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Oriole Networks, a company using light to train Large Language Models with a fraction of the usual AI energy consumption, has raised an additional €20.2 million from leading investors to further scale its “super-brain” solution. The round was led by Plural with all existing investors – UCL Technology Fund, XTX Ventures, Clean Growth Fund, and ... Read more ›
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UK-based luxury retail platform Cult Mia completes a seed funding round, raising over €4.6 million to fuel its global expansion and strengthen its position as a leading destination for independent luxury fashion. Founded by Nina Briance in 2019, Cult Mia has seen consistent triple-digit growth since its launch. This latest raise comes after a highly ... Read more ›
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dottxt, an ecosystem and platform for interacting with LLMs, announced a combined raise of €11 million in funding, following the completion of both pre-seed and seed rounds in just over seven months. The financing will chiefly be used to grow the team after demand for dottxt’s open source library and its proprietary, optimized, counterpart has ... Read more ›
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The cycling industry is seeing increased interest in the pre-owned bike market, as more people look for affordable and sustainable options. Cycling enthusiasts are turning to second-hand bikes for their quality and cost-effectiveness, driving growth in platforms that facilitate easy and secure transactions. This shift is making cycling more accessible to a wider audience. Buycycle, ... Read more ›
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25.11.2024 12:47
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