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Tech.eu
Dan Taylor @ Tech.eu · 07/14/2023 07:34 EDT

Nasdaq-listed Lilium raises $192 million in shares sale and matching contribution from Tencent

Following the company’s announcement of intentions to raise $250 million back in May, Munich-based eVTOL jet maker Lilium has hit the mark.Earlier this year, Lilium historic backer Tencent pre-funded ... Read more

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Tech.eu
Dan Taylor @ Tech.eu · 07/14/2023 06:54 EDT

Norway’s Freyr Battery welcomes €100 million grant via EU Innovation Fund, presses forward with Giga Arctic project

Oslo-based Freyr Battery has received a €100 million grant via the EU Innovation Fund aimed at supporting the ongoing development of the company’s Giga Arctic project.Located in “Sentraltomta", a site... Read more

2

Tech.eu
Fiona Alston @ Tech.eu · 07/14/2023 04:34 EDT

BoxxDocks gets £150,000 from British Design Fund to scale its collapsible box BaaS solution

London-based logistics start-up BoxxDocks offers a shipping solution which improves efficiency and reduces the carbon footprint. First off its smart shipping boxes, which are 100% recyclable and Briti... Read more

2

Tech.eu
Fiona Alston @ Tech.eu · 07/13/2023 12:04 EDT

Going underground - Delta g raises £1.5 million to commercialise its quantum sensors

UK-based Delta g says that it can create a ‘Google Maps for the underground’ for ‘complex subsurface and unseen locations' and claims it has 'produced the world’s first field-proven quantum sensor for... Read more

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Tech.eu
Dan Taylor @ Tech.eu · 07/13/2023 10:39 EDT

French B2B lender Defacto shores up to €167 million

Parisian lender to SMEs by an API Defacto has secured up to €167 million in debt funding provided via Citi and Viola Credit. According to Defacto, the capital will be used to fuel additional growth as... Read more

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Tech.eu
Dan Taylor @ Tech.eu · 07/13/2023 08:59 EDT

Helping scientists untangle the yarn that is disease biology, Causaly brings home another $60 million in a Series B funding round

London’s AI/machine learning platform that puts all the preclinical discovery pieces together in a heartbeat, Causaly has raised $60 million in a Series B funding round led by Iconiq Growth. The compa... Read more

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Tech.eu
Fiona Alston @ Tech.eu 2 place · 07/13/2023 07:51 EDT

Cowboy responds to the VanMoof situation with Bikey, an app to keep the VanMoof community riding

As rumoured for several weeks now VanMoof appear to be in a bit of a sticky financial situation, resulting in it suspending payments and shutting down of its physical stores, temporarily. It has enter... Read more

2

Tech.eu
Fiona Alston @ Tech.eu · 07/13/2023 06:52 EDT

Rostock-based insurtech hepster raises €10 million to focus on profitability and sustainable growth

German embedded insurtech hepster has raised €10 million in a Series B funding round. Via its API it enables companies 'to integrate needs-based and individual insurance into their offerings', includi... Read more

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Tech.eu
Dan Taylor @ Tech.eu 2 place · 07/13/2023 05:27 EDT

Belgium’s Amavi Captial acquires Sweden’s SF Ventures, doubles proptech portfolio.

Ghent-based Amavi Capital has acquired Stockholm’s SF Ventures, encompassing a full proptech portfolio of 11 companies, all having a Nordic investment scope. The move will effectively double the size ... Read more

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Tech.eu
Fiona Alston @ Tech.eu 3 place · 07/13/2023 05:26 EDT

Wastefront says 'Ha'way' to VTTI in a deal that sees the Dutch-firm invest up to $43 million and the deployment of eight tyre recycling plants

Norwegian End-of-Life-Tyres (ELT) recycling company Wastefront has received a boost to its Sunderland plant project as it entered a strategic partnership with Dutch energy company VTTI. The deal will ... Read more

3

Tech.eu
Dan Taylor @ Tech.eu · 07/13/2023 04:45 EDT

German autonomous driving tech provider ASAP Group acquired in $280 million deal

Providing automotive engineering services including electrics/electronics, software, consulting, service testing and validation, and vehicle development Ingolstadt-based ASAP Group has been acquired i... Read more

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Tech.eu
Fiona Alston @ Tech.eu · 07/13/2023 03:24 EDT

CapVest buys UK-based SaaS ERP Kerridge Commercial Systems from Accel-KKR in $1 billion deal

Accel-KKR owned enterprise resource planning software firm Kerridge Commercial Systems (KCS) has been bought by funds managed by CapVest Partners LLP, (CapVest) in a deal Bloomberg is reporting to be ... Read more

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Tech.eu
Fiona Alston @ Tech.eu · 07/12/2023 13:03 EDT

UK-based ethical research and AI-training firm Prolific has raised £25 million to create a physical presence in the US

UK-based Prolific provides ethical research and AI-training via its platform. The latter is another string to the bow of the company which originally set up to provide reliable ‘people research by pro... Read more

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Tech.eu
Fiona Alston @ Tech.eu 3 place · 07/12/2023 09:00 EDT

GET Protocol says its disrupting the ticketing markets as it gets $4.5 million in funding

NFT ticketing firm believes GET Protocol believes ticketing is the ‘ultimate onboarding mechanism for mainstream consumers into Web3’ and suggests this can be done through rewarding their fandom and a... Read more

2

Tech.eu
Fiona Alston @ Tech.eu · 07/12/2023 07:48 EDT

Rocsys refuels with €33 million to bring autonomous charging to EV charge points

Remember the good (not for the environment) old days where you’d rock up to the petrol station, flick open your petrol cap and the attendant would fill up your tank? Well, Rocsys is bringing that leve... Read more

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Tech.eu
Dan Taylor @ Tech.eu · 07/12/2023 06:22 EDT

The Netherlands’ SMART Photonics beams in €100 million

Eindhoven-based independent foundry for Indium Phosphide photonic integrated circuits, which provide small-scale integration and high performance combined with low energy consumption SMART Photonics h... Read more

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Tech.eu
Dan Taylor @ Tech.eu · 07/12/2023 04:54 EDT

Backed by the Bill & Melinda Gates Foundation and others, Belgian agtech firm Aphea.bio raises €70 million

Working in the specialised field of microbial strains that improve plant nutrient uptake, Gent-based Aphea.bio has closed a €70 million Series C funding round.The round was led by Innovation Industrie... Read more

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Tech.eu
Dan Taylor @ Tech.eu · 07/12/2023 03:59 EDT

Non-refundable travel tickets get a second life as France’s Fairlyne raises $3 million

Ah yes, the non-refundable travel ticket. We’ve all purchased them at one point or another, and eventually, that missed connection, alarm that didn’t go off, or even the “it’s not you, it's me” has co... Read more

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Tech.eu
Dan Taylor @ Tech.eu · 07/12/2023 03:59 EDT

Berlin-based textile upcycling startup Re-Fresh Global raises €1.1 million in pre-seed round

Offering a notably fresh take on upcycling, Berlin-based Re-Fresh Global has raised €1.1 million in a pre-seed round that will see the female co-founded company press forward with R&D activities. ... Read more

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Tech.eu
Fiona Alston @ Tech.eu · 07/12/2023 03:37 EDT

Dutch start-up Billy Grace bags €2.3 million to power actionable digital ad insights with AI

Billy Grace is putting AI powered tech in the hands of marketers, enabling them to get a better ROI on paid digital ads. The company was born out of frustration by Robin Friend, Mitch Voskuilen and Tj... Read more

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