News from Tech.eu

Eleven Labs expands Series D to $550M+, DeepL to axe 250 staff, and key trends and investments in April

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Cate Lawrence @ Tech.eu 1 place · 05/08/2026 10:12 EDT

This week, we tracked more than 65 tech funding deals worth over €1.4 billion and over 5 exits, M&A transactions, rumours, and related news stories across Europe.This week, we tracked more than 65... Read more ›

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Belgian recruitment platform Jobtoolz acquires Hirehive

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Cate Lawrence @ Tech.eu · 05/21/2024 09:04 EDT

Today, Belgian-based recruitment platform Jobtoolz, announced its acquisition of Hirehive, an Irish Applicant Tracking System (ATS) provider. Jobtoolz provides all companies with a comprehensive solut... Read more ›

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"Lack of GenAI battle-tested scenarios" thwarting its use in financial products, says German fintech Solaris

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John Reynolds @ Tech.eu · 05/21/2024 08:40 EDT

Generative AI is playing a significant role in many industries, in some cases jet-rocketing productivity.The finance industry is also attracted by its potential. Examples include Capital One and JPMor... Read more ›

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Zen Educate raises $37M Series B, the largest round in European edtech this year so far

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Cate Lawrence @ Tech.eu · 05/21/2024 04:50 EDT

Zen Educate, an online marketplace that matches schools with the best available substitute teachers and teaching assistants, has successfully closed a $37 million Series B.This marks the largest round... Read more ›

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PitchBook's Q1 2024 European VC Valuations Report - Valuations, trends, and outlook

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Tamara Djurickovic @ Tech.eu · 05/21/2024 04:30 EDT

Although it is very possible to see some changes by the end of the year, quarterly trends can set the tone for how valuations trend through the year.A new “Q1 2024 European VC Valuations Report” publi... Read more ›

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Europe's original sustainability VC, ETF Partners, raises €285M in oversubscribed round

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Cate Lawrence @ Tech.eu · 05/21/2024 04:00 EDT

ETF Partners has announced the completion of fundraising of its fourth fund. The fund was oversubscribed at €285 million, compared to its target size of €250 million. Founded in 2006, ETF Partners (Th... Read more ›

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Cellugy raises €4.9M to reduce petrochemicals in cosmetics

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Lucy Adams @ Tech.eu · 05/21/2024 03:15 EDT

Danish biotech startup Cellugy has raised €4.9M to replace petrochemicals in personal care products.Petrochemical ingredients sourced from fossil feedstocks are heavily used in cosmetic formulations f... Read more ›

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Lassie's preventative pet insurance is now available in France

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Cate Lawrence @ Tech.eu · 05/21/2024 03:00 EDT

Pet insurance company Lassie, today announced its expansion to France following rapid growth in Sweden and Germany. With a recent Series B funding round of €23 million led by Balderton Capital, bringi... Read more ›

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Biotech Limula secures $6.8M for gene therapy

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Lucy Adams @ Tech.eu · 05/21/2024 02:55 EDT

Limula has raised a $6.8M seed round to lower costs of life-saving cell and gene therapy products.The company is currently onboarding selected cell therapy developers to run pilots. The money raised w... Read more ›

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Oxford Endovascular raises £8M for aneurysm treatment device

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Lucy Adams @ Tech.eu · 05/20/2024 07:40 EDT

Oxford University spinout Oxford Endovascular has secured £8M in a Series A funding round to advance its brain aneurysm technology. The company hopes to perform human trials in the near future.The med... Read more ›

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Budapest-founded DiffuseDrive secures funds for advanced data generation tools

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Cate Lawrence @ Tech.eu · 05/20/2024 07:36 EDT

Budapest-founded DiffuseDrive has raised undisclosed funding. Founded by Balint Pasztor, CEO, and Roland Pinter, CTO the company aims to solve the lack of data in AI-based computer vision development.... Read more ›

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QA.tech raises €3M for quality assurance software

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Lucy Adams @ Tech.eu · 05/20/2024 06:30 EDT

Swedish quality assurance testing startup QA.tech has raised €3M six months after its pre-seed raise.The round was led by British VC PROfounders, with Curiosity and byFounders also participating. Foun... Read more ›

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Behavio secures €2.25M in late Seed funds for brand measurement tech

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Cate Lawrence @ Tech.eu · 05/20/2024 06:19 EDT

Behavioural brand measurement tech company Behavio has secured €2.25 million in late-Seed funding from Amsterdam-based Airbridge Equity Partners. Founded in Prague by five marketing industry insiders,... Read more ›

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qomodo raises £1.3M for advanced IoT cybersecurity solutions

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Cate Lawrence @ Tech.eu · 05/20/2024 05:52 EDT

IoT cybersecurity company qomodo has raised a £1.3 million Pre-Seed funding.Founded by a team of ex-BAE Systems and NATO cyber security experts who participated in a Techstars 2023 cohort, qomodo has ... Read more ›

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AI Safety Institute releases LLM safety results

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Lucy Adams @ Tech.eu · 05/20/2024 05:04 EDT

The UK Government's Institute for AI Safety has published its first AI testing results.The Institute has only released partial results from its safety testing of five LLMs. The models have not been na... Read more ›

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Pixevia's €1.5M funding boosts expansion of AI-powered stores in US and Europe

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Cate Lawrence @ Tech.eu 3 place · 05/20/2024 04:24 EDT

Lithuanian retailtech startup PIXEVIA announced today that it raised €1.5 million in new funding. Pixevia is the first technology platform to provide real-time receipts in AI-driven stores. This techn... Read more ›

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€55M for Cylib, $50M for PolyAI and over €426 million for the European tech last week

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Tamara Djurickovic @ Tech.eu · 05/20/2024 04:00 EDT

Last week, we tracked more than 85 tech funding deals worth over €426 million, and 5 exits, M&A transactions, rumours, and related news stories across Europe.Haberin devamını okumak için tıklayınız.... Read more ›

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Quantia raises $2.1M for e-commerce analytics

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Lucy Adams @ Tech.eu · 05/20/2024 03:00 EDT

Polish e-commerce analytics platform Quantia has raised $1.2m to provide companies with marketing capabilities across different channels.Quantia is a SaaS provider that collects sales and engagement d... Read more ›

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What happened at the Tech.eu Summit London 2024?

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Gözde Ulukan @ Tech.eu 1 place · 05/17/2024 13:00 EDT

The Tech.eu Summit London 2024, which brought together the global startup and investment community for two days, has ended.More than 1200 participants and 120 speakersLet's take a look at what happene... Read more ›

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Codesphere raises $18M for DIY software

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Lucy Adams @ Tech.eu 1 place · 05/17/2024 10:53 EDT

Codesphere, a software provider that allows developers to customise existing cloud services, has raised an $18M Series A round from Creandum.The investment will fuel further expansion of Codesphere’s ... Read more ›

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€55M for European battery recycling, Accel closes $650M fund, and Norwegian startups to watch

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Cate Lawrence @ Tech.eu 2 place · 05/17/2024 10:33 EDT

This week our research tracked more than 85 tech funding deals worth over €426 million, and 5 exits, M&A transactions, rumours, and related news stories across Europe. In addition to this week's t... Read more ›

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