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Tech.eu
Fiona Alston @ Tech.eu · 07/20/2023 02:47 EDT

Spanish edtech Ucademy raises €1.5 million to expand in Latin America

Spanish edtech Ucademy has raised over €1.5 million (part of a larger ongoing Series A). This round was led by Brighteye Ventures and Eoniq Fund. The platform focuses on helping users pass official en... Read more ›

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Tech.eu
Cate Lawrence @ Tech.eu 3 place · 07/20/2023 02:37 EDT

European and UK startups lead the way in open source AI despite the looming threat of regulation

If evidence was ever needed, this week sees the power of the open source movement in AI, positioning European and UK startups and scaleups in a highly competitive position – despite the looming threat... Read more ›

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Tech.eu
Fiona Alston @ Tech.eu · 07/20/2023 01:44 EDT

Germany’s DGG raises €4 million to make 3D technology accessible to all retailers and product creators

German deep-tech start-up DGG is putting 3D technology into the hands of retailers and product creators with its simplified real-time 3D tech solution. Founded in 2018 by Max Limper, Miguel Sousa, Jul... Read more ›

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Tech.eu
Tamara Djurickovic @ Tech.eu · 07/20/2023 01:00 EDT

Has the European VC market bottomed out and if so, when do we recover? - PitchBook’s Q2 2023 European Venture Report

It's no secret that inflation, skyrocketing interest rates, a practically non-existent IPO exit window, and harsh fundraising conditions have taken their toll this year. Digging into how these trends ... Read more ›

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Tech.eu
Fiona Alston @ Tech.eu · 07/19/2023 11:05 EDT

Swiss fintech TP24 adds £240 million to the kitty for SME lending in the UK and the Netherlands as it raises £345 million in debt funding

Swiss-based B2B asset backed lender TP24 has raised £345 million in debt funding - £240 million of that will be added to the kitty for lending to SMEs in the UK and the Netherlands. Coming up trumps w... Read more ›

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Tech.eu
Fiona Alston @ Tech.eu · 07/19/2023 09:49 EDT

Ukrainian-founded edtech Preply has raised $70 million growth equity to ‘supercharge’ 35,000 tutors with AI capabilities

Ukrainian-founded edtech Preply has raised $70 million growth equity (equity and debt capital). These latest funds brings its Series C round to $120 million. The round was led by Horizon Capital and i... Read more ›

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Tech.eu
Dan Taylor @ Tech.eu · 07/19/2023 09:43 EDT

Eurazeo closes its second Smart City fund at €400 million

Eurazeo has announced the final close of its Smart City fund II, at €400 million. As the name implies, the Smart City fund is earmarked to invest in renewable energy, mobility, logistics, manufacturin... Read more ›

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Tech.eu
Fiona Alston @ Tech.eu · 07/19/2023 09:03 EDT

Graylog acquires Resurface.io’s API security solution

Hamburg-founded firm Graylog, a provider of SIEM and log management solutions has acquired Resurface.io’s data-driven API security platform. The deal adds scope to Graylog’s security portfolio and ‘de... Read more ›

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Tech.eu
Fiona Alston @ Tech.eu · 07/19/2023 08:22 EDT

Neura Robotics raises $55 million to enable expansion into the US and Japan

Neura Robotics, a cognitive robotics company founded by David Reger in Metzingen, Germany, has raised a $55 million funding round was led by Lingotto (owned by Exor N.V.), Vsquared Ventures, Primepuls... Read more ›

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Tech.eu
Fiona Alston @ Tech.eu 3 place · 07/19/2023 04:00 EDT

Prague-based Phrase secures €12 million debt funding to 'capitalise on the high-growth AI market'

Prague-based localisation and translation software provider Phrase has secured a debt funding facility of €12 million from CIBC Innovation Banking. The funding will be used by Phrase to further develo... Read more ›

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Tech.eu
Fiona Alston @ Tech.eu · 07/19/2023 04:00 EDT

Dutch climate-tech IoT scale-up Sensorfact raises €25 million

Dutch climate-tech IoT scale-up Sensorfact has raised a €25 million investment round which was led by Blume Equity and included support from existing investors FORWARD.one, Korys, and SET Ventures. Fu... Read more ›

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Tech.eu
Fiona Alston @ Tech.eu · 07/19/2023 03:16 EDT

UK-based Netcraft raises over $100 million and bags a new CEO as Ryan Woodley joins the firm

UK-based cybersecurity firm Netcraft has raised over $100 million from Spectrum Equity. The firm which provides cybercrime detection and disruption services via its smart SaaS platform will use the fu... Read more ›

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Tech.eu
Fiona Alston @ Tech.eu 2 place · 07/18/2023 11:36 EDT

Germany's subdron raises €1.3 million to automate underwater inspections for biofouling and structural integrity

German maritime start-up subdron GmbH has raised a €1.3 million pre-seed funding round which was co-led by xista science ventures and Faber, from its Ocean/Climate Tech fund, with participation from S... Read more ›

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Tech.eu
Dan Taylor @ Tech.eu 3 place · 07/18/2023 10:48 EDT

AI-powered accident and disaster recovery platform Tractable picks up $65 million in Softbank led round

London’s developer of artificial intelligence-powered solutions for accident and disaster recovery Tractable has raised $65 million in a Series E funding round. The UK’s first computer vision unicorn ... Read more ›

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Tech.eu
Fiona Alston @ Tech.eu · 07/18/2023 10:07 EDT

UK's Huq Industries raises £4 million to expand its mobility data platform in Europe

UK firm Huq Industries provides mobility insights to professionals in government, retail, real estate, and finance, giving data on footfall and visitor frequency via its insights platform. It has rais... Read more ›

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Tech.eu
Dan Taylor @ Tech.eu · 07/18/2023 09:35 EDT

Tromero raises £1.5 million to make AI training and hosting cheaper through crypto mining

London-based machine learning training and hosting platform Tromero has raised £1.5 million in a seed funding round led by BlueYard Capital. The startup will use the investment to assemble a team that... Read more ›

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Tech.eu
Fiona Alston @ Tech.eu · 07/18/2023 09:01 EDT

Ecommerce One preserves its hold on the ecommerce sector as it acquires Makaira and Marmalade

Ecommerce One has acquired e-commerce marketing suite provider Makaira GmbH and ecommerce consultancy Marmalade GmbH. Both companies were founded and operated by Joscha Krug. Krug will remain in his M... Read more ›

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Tech.eu
Robin Wauters @ Tech.eu · 07/18/2023 08:32 EDT

https://youtu.be/Ph2tkrWH6lkBulgarian cargo drone manufacturer Dronamics today extended its pre-Series A funding round to raise €2 million euro from private investors exclusively via SeedBlink, the Ro... Read more ›

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Tech.eu
Fiona Alston @ Tech.eu · 07/18/2023 06:44 EDT

Bringing 'natural and sustainable solutions' to the food and agri sectors, Aviwell raises €9 million to further develop its AI-based discovery platform

Aviwell, an AI-based discovery platform for the agri and food sectors, has raised a €9 million Seed round co-led by Elaia Partners and MFS. It says that the new funding will go towards developing ‘nat... Read more ›

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Tech.eu
Dan Taylor @ Tech.eu · 07/18/2023 05:35 EDT

Cross-border payments specialist MODIFI banks $100 million

Cross-border business payments firm MODIFI has secured $100 million in a debt facility via HSBC Innovation Banking UK. Helping businesses around the globe manage the complexities of global trade, MODI... Read more ›

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