News from Tech.eu

NEURA Robotics secures up to $1.4B, Bending Spoons files for US IPO, and UK PM unveils £400M chip plan

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Cate Lawrence @ Tech.eu 1 place · 06/12/2026 10:54 EDT

This week, we tracked more than 65 tech funding deals worth over €2.8 billion and over 10 exits, M&A transactions, rumours, and related news stories across Europe.We also released our monthly repo... Read more ›

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Seenons raises €10 million to orchestrate a circular economy via its waste platform

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Fiona Alston @ Tech.eu · 04/05/2023 06:32 EDT

Dutch start-up Seenons has raised €10 million in a recent investment round allowing it to make technological improvements and grow the platform internationally.  Some of the investors involved include... Read more ›

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Tandem Bank has acquired money-sharing app Loop Money

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Fiona Alston @ Tech.eu · 04/05/2023 05:18 EDT

According to AltFi, Tandem Bank has acquired money-sharing app Loop Money for an undisclosed figure. “Tandem is on a mission to build the UK’s greener, digital bank – offering customers more sustainab... Read more ›

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Cradlepoint acquires cloud security platform Ericom Software

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Fiona Alston @ Tech.eu · 04/05/2023 04:05 EDT

US-based telco Cradlepoint, part of Ericsson (Nasdaq: ERIC), has announced that it has acquired Ericom Software, which will fuel Cradlepoint’s strategy of building a full-stack enterprise security ser... Read more ›

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How Zendesk for Startups program can help startups survive the funding winter [Advertorial]

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Guest Writer @ Tech.eu · 04/05/2023 03:34 EDT

The global startup funding landscape has notably changed over the last year. We've seen venture capital firms become more cautious about their investment choices. Ask any early-stage founder. This shi... Read more ›

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Teton raises $5.3 million to build AI support for nurses

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Fiona Alston @ Tech.eu · 04/05/2023 00:00 EDT

Copenhagen-based health tech start-up Teton.ai has raised $5.3 million to expand its engineering and commercial teams to help roll out the product in Denmark and internationally.Teton's AI solution wi... Read more ›

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Electric motorcycle producer STILRIDE pulls back the curtain on final design, reveals price

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Dan Taylor @ Tech.eu 2 place · 04/04/2023 19:01 EDT

Sweden’s STILRIDE has revealed the price and final designed of its electric motorcycle. Formerly known as the Sport Utility Scooter, the offering will henceforth be known as STILRIDE 1 (how much do yo... Read more ›

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Utimaco acquires data security solutions firm conpal

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Fiona Alston @ Tech.eu · 04/04/2023 10:54 EDT

Aachen-based cybersecurity and compliance solutions platform Utimaco has acquired IT security solutions firm conpal GmbH.Already selling conpal products before the acquisition, Utimaco will offer cust... Read more ›

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Tapeeno taps in as UTC Group buys Wellet's Spanish arm

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Fiona Alston @ Tech.eu · 04/04/2023 09:27 EDT

Reading-based merchant services firm UTP Group has agreed to purchase the Spanish customer base from German company Wellet GmbH for an undisclosed sum.Dusseldorf start-up Wellet is a card payment app ... Read more ›

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Magnotherm raises a cool €5 million to kick start mass production of refrigerators

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Fiona Alston @ Tech.eu · 04/04/2023 09:00 EDT

Darmstadt-based climate tech start-up Magnotherm has closed a €5 million Seed round to mass produce first sustainable refrigerator.The round was led by Extantia Capital, BMH Beteiligungs-Managementges... Read more ›

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Digital pharmacy player Phlo snaps up UK arm of US-based unicorn Truepill

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Dan Taylor @ Tech.eu 2 place · 04/04/2023 08:53 EDT

London/Glasgow-based Phlo has acquired the UK arm of Hayward, California-based API-connected healthcare infrastructure provider Truepill for an undisclosed sum. However, given that the company disclos... Read more ›

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Norway's Verified's been busy validating a raise and acquiring Swedish firm Assently

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Fiona Alston @ Tech.eu · 04/04/2023 08:38 EDT

B2B SaaS company Verified has announced it received funding from Verdane and has acquired Swedish firm Assently. No figures were given. The acquisition of Assently will enhance its product offering an... Read more ›

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Two months after a €43 million round, smart thermostat maker tado° tacks on another €12 million

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Dan Taylor @ Tech.eu · 04/04/2023 08:36 EDT

Munich’s tado° has added another €12 million to an already impressive €43 million funding round announced just two months ago. The additional capital is aimed at turning up the heat on scaling efforts... Read more ›

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AI-powered financial advisor Finanzguru guides in €13 million via PayPal Ventures and others

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Dan Taylor @ Tech.eu · 04/04/2023 08:11 EDT

Having reached profitability in 2022, Frankfurt am Main-based Finanzguru has raised €13 million in a new financing round that will see the company continue to drive profitable growth in tandem with fu... Read more ›

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Qualitest has acquired US-based quality engineering company Q Analysts

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Fiona Alston @ Tech.eu · 04/04/2023 08:00 EDT

London-based Qualitest, a AI-powered quality engineering company has acquired US-based quality engineering company Q Analysts. The Q Analysts acquisition marks Qualitest’s sixth strategic acquisition ... Read more ›

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Europe’s second largest neobank, bunq now eyes the US market, applies for banking license

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Dan Taylor @ Tech.eu · 04/04/2023 07:44 EDT

Having gone quietly and not-so-quietly about its business of servicing customers for close to a decade now, Europe’s second-largest neobank, bunq is now eyeing the US market and has filed an applicati... Read more ›

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How AI is helping proptech overtake fintech investment and green the Built World

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Cate Lawrence @ Tech.eu · 04/04/2023 07:41 EDT

This week a new report was published by sustainable proptech VC investor A/O PropTech exploring the use of AI technology in the built environment.The report is a deep dive into the "Built World" – hum... Read more ›

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Lots of action, but low figures - European tech's 2023 Q1 numbers

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Tamara Djurickovic @ Tech.eu · 04/04/2023 07:34 EDT

Q1 2023 marked a significant drop in investments compared to the same period in the last two years. And this is just one piece of a not-so-promising puzzle that is the European tech ecosystem.Haberin ... Read more ›

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Global payments firm TerraPay raises $100 million to expand further across the LATAM and MENA regions

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Fiona Alston @ Tech.eu · 04/04/2023 06:19 EDT

London-based TerraPay has closed its Series B equity financing round, raising in excess of $100 million in equity and debt financing, funding its proposed expansion further into LATAM and MENA regions... Read more ›

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The UK’s Climate Policy Radar and Chancery Lane Project named to Personio Foundation’s Impact Portfolio

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Dan Taylor @ Tech.eu · 04/04/2023 06:09 EDT

Munich’s Personio Foundation, the benevolent arm of HRtech giant Personio has announced the addition of seven new organisations to its 2023 Impact Fund, including UK-based Climate Policy Radar and Cha... Read more ›

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HeatTransformers has raised €15 million to expand its heat pump operations to Germany and the UK

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Fiona Alston @ Tech.eu · 04/04/2023 04:55 EDT

Utrecht-based HeatTransformers has raised €15 million in Series A funding to accelerate European heat pump installation by launching operations in Germany and the UK, its also increase its workforce. ... Read more ›

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