News from Tech.eu

“Huge wave coming over financial services industry,” says boss of “Europe’s first AI-native bank”

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John Reynolds @ Tech.eu 1 place · 06/05/2026 11:10 EDT

German fintech Solaris recently announced plans to become “Europe’s first AI-native bank”, undertaking a “strategic repositioning” following a troubled few years. Solaris, valued as a unicorn at aroun... Read more ›

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Breega launches €150M 'Europe Seed III' fund to boost early-stage startups

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Cate Lawrence @ Tech.eu · 10/18/2023 08:43 EDT

Today European VC firm Breega, announced the launch of a fund named "Europe Seed III" with a commitment of at least €150 million. Just a year after the close of its "Venture II" fund of €250 million d... Read more ›

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Double-digit million-pound losses at two European open banking startups, but revenues increase

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John Reynolds @ Tech.eu · 10/18/2023 08:29 EDT

Startup unicorn TrueLayer and Yapily, which has raised nearly £60 million in funding, are startups that are making a name for themselves in the increasingly competitive area of open banking.Open banki... Read more ›

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Fentech raises €1.2M for its sales forecasting solution helping retailers fight inflation

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Cate Lawrence @ Tech.eu · 10/18/2023 07:00 EDT

Today, sales forecasting company Fentech announced it has raised €1.2 million, led by Elaia. The company has developed an AI system, Clairvoyant, for sales forecasting, allowing retail companies to ad... Read more ›

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Poppins secures €8M for children's neurodevelopmental disorder therapy

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Cate Lawrence @ Tech.eu · 10/18/2023 06:28 EDT

Today healthtech company Poppins (formerly known as Mila) has announced a €8 million financing round led by Eurazeo alongside Verve Ventures, Allianz France and HEC Ventures. This brings the company's... Read more ›

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Generative AI startup Aindo raises €6M to expand team and further its synthetic data tech

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Fiona Alston @ Tech.eu · 10/18/2023 05:53 EDT

Italian generative AI startup Aindo has raised a €6 million Series A round led by United Ventures and included participation from existing investor Vertis SGR through the fund Vertis Venture 3 Technol... Read more ›

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HR startup Pack secures €500,000 Pre-Seed funding for European expansion

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Cate Lawrence @ Tech.eu · 10/18/2023 05:49 EDT

Today Pack, an HR tech company, announced it has successfully completed a €500,000 Pre-Seed funding round. Pack has developed a dedicated digital platform to improve corporate mentoring and coaching p... Read more ›

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Berlin headquartered Cloover secures €7M for renewable energy fintech solutions

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Fiona Alston @ Tech.eu · 10/18/2023 03:00 EDT

Berlin-based climate fintech Cloover has secured €7 million in Pre-seed funding. The round was led by 9900 Capital and includes participation from QED, Broadhaven Ventures, Index Ventures' Scout Fund,... Read more ›

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Stockholm's Cloover secures €7M for renewable energy fintech solutions

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Fiona Alston @ Tech.eu 1 place · 10/18/2023 03:00 EDT

Stockholm-based climate fintech Cloover has secured €7 million in Pre-seed funding. The round was led by 9900 Capital and includes participation from QED, Broadhaven Ventures, Index Ventures' Scout Fu... Read more ›

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Hivebrite secures $37M Series B to expand global community engagement platform

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Cate Lawrence @ Tech.eu · 10/18/2023 02:48 EDT

Today community and engagement platform Hivebrite announced that it has raised a $37 million series B funding round. Founded in Paris in 2015, Hivebrite has developed an all-in-one SaaS community enga... Read more ›

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Ventech expands presence in Nordics with new Stockholm office

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Fiona Alston @ Tech.eu 3 place · 10/17/2023 12:05 EDT

French-born Pan-European venture capital firm Ventech is embedding itself firmly into the Nordics by opening a Stockholm office. Already with an office in Helsinki, the firm has enjoyed the fruits of ... Read more ›

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Homed-IQ receives €1M investment for at-home medical diagnostics

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Cate Lawrence @ Tech.eu · 10/17/2023 10:58 EDT

Today medtech company Homed-IQ announced that it has received a  €1 million investment from Healthy Capital and private investors.Geert Brinkers and Robert de Jonge founded Homed-IQ in the Netherlands... Read more ›

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Middle East conflict is “horrible” and could drive a new inflation scare, says Zopa boss

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John Reynolds @ Tech.eu · 10/17/2023 10:36 EDT

The Palestinian-Israeli conflict is “horrible” and will “continue to create concerns” across the world, including the investment community, according to Jaidev Janardana, CEO of UK fintech lender Zopa... Read more ›

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Unplugged: Volta Trucks files for bankruptcy impacting 800 employees

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Dan Taylor @ Tech.eu · 10/17/2023 10:11 EDT

Volta Trucks, the makers of Volta Zero, an all-electric, 16-tonne vehicle designed for city-centre freight deliveries, has filed for bankruptcy following a failure to secure additional capital. The de... Read more ›

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Creative Force raises $8.9M to integrate AI into its e-commerce content platform and scale its HQ

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Cate Lawrence @ Tech.eu · 10/17/2023 10:11 EDT

This week Creative Force, Danish makers of an end-to-end creative operations workflow platform for e-commerce retailers and brands, announced it has raised $8.9 million in Series A funding from Export... Read more ›

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Denmark's Klimate secures €3.5M Seed funding for carbon removal platform

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Fiona Alston @ Tech.eu 3 place · 10/17/2023 10:07 EDT

Copenhagen-based Klimate has secured €3.5 million in a Seed funding round led by Eneco Ventures and Helen Ventures and was joined by existing investors Rockstart and the Export and Investment Fund of ... Read more ›

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PASQAL, Pixel Photonics and partners win EIC grant for photonic quantum computer

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Cate Lawrence @ Tech.eu · 10/17/2023 09:30 EDT

Today a partnership between PASQAL, Pixel Photonics, Sorbonne Université, The Institute of Photonic Sciences, and Institut d'Optique Théorique et Appliquée has successfully won a grant from European I... Read more ›

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iwoca secures £200M debt facility to help bridge SME funding gap

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Dan Taylor @ Tech.eu · 10/17/2023 08:12 EDT

London-based small business lender iwoca has secured a new £200 million debt facility via Barclays and Värde Partners. The move arrives following an extension of its existing funding line provided by ... Read more ›

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Zeedz raises $1M Seed funding for its climate change fighting game

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Cate Lawrence @ Tech.eu · 10/16/2023 17:00 EDT

Today gaming company Zeedz announced a $1 million Seed round and the launch of the free-to-play (F2P) game, Zeedz, on Android and iOS app stores worldwide. The company has created the first play-for-p... Read more ›

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UK pettech startup Creature Comforts raises £7M to improve the veterinarian experience

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Cate Lawrence @ Tech.eu · 10/16/2023 11:33 EDT

Today, UK pettech startup Creature Comforts announced a £7 million raise in Seed capital to redesign the veterinary care experience. The company's co-founders are CEO Daniel Attia, the serial entrepre... Read more ›

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Par Equity £67M investment to accelerate innovation in Northern UK

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Cate Lawrence @ Tech.eu 3 place · 10/16/2023 10:51 EDT

Today Edinburgh-based VC Par Equity announced the first close of £67 million led by Scottish National Investment Bank and British Business Investments.The firm has secured a first close of £67m to boo... Read more ›

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