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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Pori-based BioTech company Volare today announced the closing of a €26 million funding round to build Volare 01 – a facility aiming to become the most efficient protein production plant in the world, and to advance its technology. The round includes a mix of equity, mezzanine and senior loans, and public funding, with support from Maki.vc, ... Read more ›
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Investment in artificial intelligence is experiencing unprecedented growth across the globe. European AI startups have secured up to 55% year-on-year investment in Q1 2025, according to data from Dealroom. Additionally, the European Commission also increased its investment efforts towards AI. This sharp rise comes even as overall tech investment has slowed elsewhere, highlighting Europe’s growing momentum in ... Read more ›
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Eindhoven-based Salvia BioElectronics, a clinical-stage medical device company innovating neuromodulation therapy for patients with chronic migraine, today announced the successful completion of their €53 million Series B financing round. The round was led by Innovation Industries, a European DeepTech VC firm, with participation from Invest-NL and EIC Fund. Existing investors Inkef, Panakès Partners, SHS Capital, ... Read more ›
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Hasselt-based ResultX has secured over €400k in innovation grants from the Flemish Agency for Innovation and Entrepreneurship (VLAIO) to make ESG (Environmental, Social, and Governance) reporting accessible to millions of small and medium-sized enterprises (SMEs) across Europe. “We’re incredibly proud to share that ResultX has secured over €400K in innovation grants from VLAIO – Flanders Innovation ... Read more ›
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Gothenburg-based ClimateTech company Plagazi has officially secured a €29.5 million grant from the EU Innovation Fund for its flagship project, Gävle Circular Park (GCP), which aims to revolutionise hydrogen production through advanced waste gasification. “The grant signature is very rewarding following a very collaborative grant preparation process with the European Climate Agency [CINEA]. This non-dilutive ... Read more ›
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In 2025, AI is everywhere. It writes, designs, predicts, and automates. But true innovation isn’t about launching a flashy new tool—it’s about trust. Without integrity, even the most impressive AI can crumble under the weight of its own hype. Take ChatGPT, for example. It can produce astonishingly human-like answers, yet it sometimes fabricates citations—offering up ... Read more ›
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Limerick-based VIOTAS, an innovator in smart grid demand response services that pay large energy users to support grid stability, today announced it has secured a €10 million growth finance facility from Claret Capital Partners. The new funding will enhance VIOTAS’ capacity to fuel international growth and develop new services to improve revenue certainty for its ... Read more ›
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2025 marks the year when sustainability became a non-negotiable business imperative. The catastrophic flooding in Libya, the record-breaking heatwaves across Europe, the tragic earthquake in Morocco, and the devastating wildfires in Los Angeles have demonstrated climate change’s profound and destructive impact. These disasters are no isolated tragedies but economic shockwaves that ripple through industries globally. ... Read more ›
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Eindhoven-based Salvia BioElectronics, a clinical-stage medical device company innovating neuromodulation therapy for patients with chronic migraine, today announced the successful completion €53 million Series B financing round. The round was led by Innovation Industries, a European DeepTech VC firm, with participation from Invest-NL and EIC Fund. Existing investors Inkef, Panakès Partners, SHS Capital, Dolby Family ... Read more ›
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Oslo-based Norwegian Mycelium AS (NoMy), an innovator in sustainable fermentation technologies, announced today its latest funding round with a €1.25 million equity investment to scale the deployment of its mycoprotein technologies. The funding round was led by strategic investor Nippon Beet Sugar Manufacturing Co., Ltd. (Nitten), listed on the Tokyo Stock Exchange. With follow-on investments ... Read more ›
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The Barcelona-based angel fund Masia launches today, dedicated to capitalising on what the Co-founders describe as a “tipping point” for Barcelona-based frontier tech talent. The team intends to deploy €20 million across sixty investments at the pre-Seed and Seed stages, specifically in local and international Founders who are building global technology companies in Barcelona. Co-founder ... Read more ›
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VOYA Games, a German game studio bringing player-owned economies to life, announced €4.4 million in funding to grow Craft World, VOYA Games’ debut title with over 240,000 registered players during its testnet phase. The round was co-led by 1kx and Makers Fund, with participation from RockawayX and angels Jeff ‘Jihoz’ Zirlin, Co-founder of Sky Mavis ... Read more ›
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PlaySafe ID, a platform for gamers that keeps cheaters, hackers, bots, and predators out of games, has raised €1 million in pre-Seed funding to bring trust, fairness, and accountability to gaming communities, without compromising player privacy or freedom. The round was led by Early Game Ventures, with participation from Hartmann Capital and Overwolf. “This round gives us ... Read more ›
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Kidola, an all-in-one childcare management platform, announced the closing of a €1.3 million Seed round to support product development, team growth, and the company’s expansion into the French market. The Seed Round was led by Expon Capital, a Luxembourg-based venture capital firm, including contributions from Super Capital and the LBAN – Luxembourg Business Angel Network. ... Read more ›
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Income, a FinTech company based in Tallinn that connects retail and institutional investors to vetted non-bank lenders, has raised €540k to scale its platform, broaden its lender base, and enter Mexico and the Phillippines – aiming for €1.5 million in total funding. The amount was committed by long time shareholder Dr Hauptmann, with the company ... Read more ›
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Nowadays, market stability seems more myth than reality, with newly introduced tariffs shaking the global economy. Even before that, we saw a slowdown in investments, rising geopolitical tensions, the introduction of new regulations across different regions, and rapid technological advancements, particularly in the field of artificial intelligence. In these challenging conditions, startups have to survive, ... Read more ›
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Liverpool-based Atomik AM, a female-founded advanced manufacturing business, has raised €713k from the Northern Powerhouse Investment Fund II to scale-up the solutions it provides to manufacturers across the world. Atomik AM has raised the money from NPIF II – Praetura Equity Finance, which is managed by Praetura Ventures as part of the Northern Powerhouse Investment ... Read more ›
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Vilnius-based Astrolight, a space communications company, has closed a Seed round at €2.8 million to accelerate the development of its laser-based end-to-end communication platform that securely connects satellites to earth. The funding round was led by frontier tech investor Balnord, other key investors were EIFO (The Export and Investment Fund of Denmark), Coinvest Capital, and ... Read more ›
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Irish EdTech startup The Corporate Governance Institute, an e-learning and certification platform, has completed a €3 million funding round to support the company’s continued growth as a provider of boardroom education in Europe and beyond. The round was led by BVP Ireland, a multi-asset investment platform, providing a range of capital solutions to companies at ... Read more ›
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16.06.2026 07:19
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