Berlin-based Fly Ventures, a VC that invests in seed-stage European startups, on Friday announced that it has closed its third fund at €80M. According to the VC, Fund III, targeting deep tech founders, was oversubscribed and raised in a single closing. The announcement comes around four years after raising €53M in 2020. “We like doing ... Read more Read more ›
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Munich-based Planet A Foods, a company specialising in sustainable ingredients for the food industry, has raised $30M (approximately €28.35M) in a Series B round of funding. The round was co-led by Burda Principal Investments and Zintinus, with participation from several investors, including World Fund and Cherry Ventures. Daria Saharova, Founding Partner at World Fund, says, ... Read more Read more ›
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OpenAI has announced the launch of ChatGPT Pro, which enables users to access the best of OpenAI’s models and tools. Priced at $200 per month, this plan includes unlimited access to its smartest model, OpenAI o1, as well as to o1-mini, GPT-4o, and Advanced Voice. It also includes o1 pro mode, a version of o1 ... Read more Read more ›
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Paris-based Happydemics, a company specialising in brand metrics and ad performance measurement, has raised €13M in a Series B funding round led by Wille Finance and Adelie Capital. The investment will support the company’s expansion, particularly in the UK, and enhance its position as a key partner for marketers. Happydemics plans to invest further in ... Read more Read more ›
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San Sebastián, Spain-based Multiverse Computing, a quantum AI software company, has received an investment from CDP Venture Capital Sgr, Italy’s largest venture capital investor. This funding is part of the company’s Series A round and comes from two areas of the Corporate Partners I fund: ServiceTech and EnergyTech. Several major Italian companies, including Baker Hughes, ... Read more Read more ›
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Amsterdam-based GBM Works, which is developing the Vibrojet, a silent installation technique for offshore wind monopiles, has secured the first close of a €6M seed funding round. The round was backed by investors, including Rotterdamse Havendraken, Katapult Ocean, EIC Fund, and existing shareholders. Co-investors have the opportunity to increase the total to €7.5M. Svetoslava Georgieva, ... Read more Read more ›
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Wendy Bogers, the founder of Amsterdam-based Ligo, has decided to step down as the CEO after ten years. The announcement comes two months after Ligo joined Amsterdam-based Your.Online, a platform for building businesses online, along with Firm24. “Looking back, I am filled with gratitude for everything we have built together,” Bogers states. “We have transformed ... Read more Read more ›
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Tampere, Finland-based Liquid Sun, a company specialised in creating sustainable fuels, announced that it has secured nearly €4M in funding from Voima Ventures, Failup, and Business Finland to build an eSAF (sustainable aviation fuel) demonstration unit. “Securing significant funding and oversubscribing the investment round in such a challenging market situation demonstrates that Liquid Sun has ... Read more Read more ›
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Styles of negotiation go in and out of fashion, in terms of what works and what doesn’t. This makes it an area where many employees struggle, and leaders often take the advantage, but not at the France-based AI photo editing startup, Photoroom. Under the leadership of CEO Mathieu Rouif, every six months, employees receive training ... Read more Read more ›
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The Hague-based Circularise, a blockchain platform focused on supply chain transparency and traceability, has secured a strategic pre-Series B investment from Tokyo’s Teijin Group. The funding amount, however, remains undisclosed. Ton de Weijer, General Manager of the Environment Solution Division at Teijin, says, “As a leading company in high-performance materials, we at Teijin are actively ... Read more Read more ›
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Riga, Latvia-based Outlast Fund, a venture capital fund, announced on Thursday that it has emerged out of stealth to back visionary founders across the Baltics and Nordics. “We are on a mission to back ventures that aren’t here for a quick win but are built to truly last. At Outlast, we will not just write ... Read more Read more ›
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Amsterdam-based Avantium, a company specialising in sustainable chemistry technologies, has raised €11.2M by selling 6,380,223 new shares. This amounts to about 8 per cent of the company’s total shares. The offer shares have been placed at a discount of 14.5 per cent to the closing price of €2.05, representing €1.75 per new ordinary share. The ... Read more Read more ›
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Stockholm-based Talentium, an AI-powered hiring platform, has secured €3.5M in a pre-seed funding round. The investment was led by EQT Ventures with participation from notable angel investors. Sandra Malmberg, Partner at EQT Ventures, says, “Talent is a company’s most important asset, but recruitment processes are often manual, slow, and inefficient. Sebastian and Talentium are using ... Read more Read more ›
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Aachen-based FibreCoat, a German company that makes high-performance materials affordable, has secured nearly $20M (approximately €18.98M) in a Series B round of funding. FibreCoat aims to make advanced materials more accessible by producing high-performance composite fibers at low costs. Its aluminium-coated basalt and glass filaments offer the properties of full metal fibers at a fraction ... Read more Read more ›
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As we come to take working from anywhere as a new norm, it is not easy to find remote job opportunities. According to the World Economic Forum, the number of global digital jobs that can be performed remotely will grow by roughly 25 per cent to 92 million, but the report fails to underscore the ... Read more Read more ›
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Bitcoin has surpassed the $100,000 benchmark for the first time! Bitcoin has gone up more than 4% to $103,544.00, according to Coin Metrics. It previously peaked at $103,844.05. In 2024, Bitcoin has risen over 140 per cent and 48 per cent following Donald Trump’s presidential victory in the United States. The decision came shortly after ... Read more Read more ›
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On Wednesday, Cambridge, UK-based 52North, the medtech company focused on transforming urgent care pathways in oncology, announced that it has secured $6M (approximately €5.7M) in a funding round. The funding round was co-led by KHP Ventures, affiliated with King’s Health Partners in London, and Cedars-Sinai Intellectual Property Co. in California, affiliated with Cedars-Sinai Medical Center. ... Read more Read more ›
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A couple of months back, a group of EU entrepreneurs was working together to create a new pan-European legal entity for startups called EU Inc. On Tuesday, EU Inc. unveiled its blueprint to create a unified company structure across Europe. The EU-Inc aims to streamline incorporation, management processes, and fundraising for innovative businesses across Europe. ... Read more Read more ›
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Spain’s rise as a key player in Europe’s tech ecosystem cannot be overlooked. Spanish tech startups were collectively valued at over €100bn in 2023, representing a 14 per cent growth year-on-year from 2022. We have undoubtedly gone from a tech minnow to an emerging European tech powerhouse. The momentum of the last five years signals that ... Read more Read more ›
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Barcelona-based satellite operator Sateliot has secured a €30M loan from the European Investment Bank (EIB) to support the deployment of its satellite network. This project aims to provide Internet of Things (IoT) connectivity to regions lacking coverage, utilising a constellation of over 100 Low Earth Orbit (LEO) satellites. The EIB-funded project will also improve EU ... Read more Read more ›
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19.06.2026 04:38
Last update: 04:31 EDT.
News rating updated: 11:33.
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