Luxembourg-based Lyten, a supermaterial applications company, has acquired Northvolt’s Dwa Energy Storage Systems (ESS) operations in Gdansk, Poland. Robert Chryc-Gawrychowski, CEO of Northvolt Poland, states, “Northvolt set out to lead the sustainable development of Europe’s battery industry. Lyten is carrying that mission forward with BESS manufacturing and the introduction of lithium-sulphur batteries in Europe, which ... Read more Read more ›
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It’s been a fast-paced week in the world of startups and tech innovation, with news flying in from all corners — funding rounds, strategic partnerships, product launches, and major acquisitions. So much is happening, and let’s be honest, keeping up with everything is nearly impossible. While we try our best to catch every major headline, ... Read more Read more ›
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Copenhagen-based Corti, an AI infrastructure provider for healthcare, has introduced new cloud capabilities to help European health systems use advanced, real-time AI while following strict data privacy laws. Led by Andreas Cleve, Corti is a research and development company that specialises in state-of-the-art AI foundation models and infrastructure for healthcare. Corti’s goal is to remove ... Read more Read more ›
3
Amsterdam-based CapitalT, a (pre) seed stage VC that invests in software technology companies, announced the first close of its second fund, targeting €50M. “This milestone is more than just a number – it’s a signal that our approach is working, and we’re ready to scale it,” says Eva de Mol, the founding partner of CapitalT ... Read more Read more ›
0
Oslo-based Two, a European B2B payments platform, has secured €13M in a strategic funding round. With this round, the company’s total funding has reached over €40M. The current investment round was led by Idékapital and Shine Capital, with participation from new investor Investinor and existing investors Antler, Sequoia Capital, Alliance Ventures, Arkwright, and Local Globe. ... Read more Read more ›
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In an attempt to further accelerate Germany’s startup ecosystem, German Federal Minister for Economic Affairs Katherina Reiche announced the winners of the EXIST Lighthouse Competition: Startup Factories. As part of the federal startup strategy, ten selected winners will receive up to €10M in matching funds to scale highly integrated, science-driven startup ecosystems over the next five ... Read more Read more ›
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Iceland-based Videntifier Technologies ehf. has announced that its Lithuanian subsidiary, VectorTree, has received funding from the European Union for a project titled “Building an Advanced Vector Database for Artificial Intelligence”. The funding is part of the European Regional Development Fund under the EU Funds Investment Programme 2021–2027. The total project budget is €943,052.28. Of that, ... Read more Read more ›
3
Berlin-based re:cap, a fintech company, has launched a €125M credit facility for onward lending and has expanded its operations to the UK. The funding was provided by HSBC Innovation Banking and Avellinia Capital. Julian Schickel, Founding Partner at Avellinia Capital, says, “re:cap is solving a major headache for tech founders. Traditional banks rarely lend to ... Read more Read more ›
12
Delft-based Plense Technologies, a developer of crop cultivation devices designed for data-driven cultivation, has announced that it will cease operations after two and a half years of development and market exploration. “When we started our journey, we went to the market (with an ultrasound technology concept in our metaphorical backpack) to learn as much as ... Read more Read more ›
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While most EVs sit idle for 95 per cent of their lives, the Barcelona-based startup sees them as untapped batteries on wheels. Founded in 2023 at Norrsken Barcelona by Luis Medina Rivas, Tether uses AI to predict and coordinate the charging behaviour of millions of EVs, effectively turning them into a decentralised, clean power reserve ... Read more Read more ›
12
Amsterdam-based Figo Mobility, a fintech that simplifies mobility management and travel expenses for employers, secures an investment from Edgar Verschuur, former Global Head of Payments at Adyen. Verschuur joins the Figo team as an investor and will support the company’s next phase of growth as a strategic advisor. With over ten years of experience in ... Read more Read more ›
28
Amsterdam-based Prosus, a global technology company, announced the launch of AI House Amsterdam, a state-of-the-art innovation hub designed to foster collaboration, knowledge-sharing, and development in AI. It is based out of the company’s headquarters in the Zuidas business district. “With AI House Amsterdam, we are doing what Europe urgently needs: bringing together ambition, talent and ... Read more Read more ›
13
Amsterdam-based Conpend, an AI fintech scale-up, has secured a majority investment from Cape Investment Partners (CIP), an investment firm headquartered in the same city. The financial details of the deal, however, were not disclosed. The funds will support Conpend’s expansion across global markets, strengthen its product development efforts, and increase its reach among banks and ... Read more Read more ›
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Kongsberg, Norway-based Kongsberg Ferrotech, a company specialised in robotic solutions for the inspection, maintenance and repair of critical offshore infrastructure, has raised €12M in a Seed funding round led by the NATO Innovation Fund (NIF). Investinor, Norway’s sovereign investment fund, also participated in the funding round. The new funding will help the company enhance the ... Read more Read more ›
26
Enschede-based QuiX Quantum, the Dutch photonic quantum computing pioneer, has secured €15M in Series A funding co-led by Invest NL and EIC Fund. Other existing investors, including PhotonVentures, Oost NL, and FORWARD.one, also participated in the round. The announcement comes over a year after demonstrating the on-chip creation of Greenberger-Horne-Zeilinger (GHZ) states using QuiX Quantum ... Read more Read more ›
1
Paris-based Solence, a health startup focused on care for women with Polycystic Ovary Syndrome (PCOS), has raised €1.6M in seed funding. Investors in the round include Impact Shakers Ventures, Céline Lazorthes (founder of Leetchi, Mangopay, and Resilience), Berthe Latreille (formerly of JP Morgan), Stephane Mardel (founder of Systemanova VC), and BPI France. A digital programme ... Read more Read more ›
1
Amsterdam-based Flow, a specialist in embedded finance, has recently become part of the SnelStart group, a supplier of administrative software for SMEs. The acquisition follows a successful partnership between Flow and SnelStart in delivering embedded banking solutions, made possible by Adyen’s banking-as-a-service platform. Embedded finance means integrating financial services, like payments or loans, into non-financial ... Read more Read more ›
12
Düsseldorf-based Skleo Health, a German healthtech company, has secured €3M in seed funding. The funding will support the expansion of its eye screening network across the country. Skleo Health’s goal is to address preventable blindness through broader access to medically validated eye screenings. The investment was led by Sanoptis, an ophthalmology services provider in Europe, ... Read more Read more ›
3
Darkstar, a defence tech ecosystem builder, announced the official launch of Europe’s first pan-European defence fund fully dedicated to backing real military systems, including weapons and dual-use technologies. The newly launched €25M fund has secured a first close of €15M, led by SmartCap, Estonia’s sovereign defence fund. Additionally, over 30 founders and supporters from across ... Read more Read more ›
12
Netherlands-based Ebusco, a motor vehicle manufacturing company, has announced that it has reached an agreement to restructure loans that were due in mid-August 2025. Additionally, the company has signed a contract for Ebusco Energy and has scheduled an Extraordinary General Meeting to take place on August 18, 2025. The announcement comes two months after the ... Read more Read more ›
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Amsterdam-based Crystal Intelligence, a blockchain intelligence and compliance solutions provider, has received a strategic investment from Tether, a major company in the digital asset sector. This investment supports Crystal Intelligence’s ongoing efforts to enhance blockchain analytics capabilities, including risk monitoring, fraud detection, and regulatory intelligence. Tether’s investment in Crystal Intelligence supports its broader effort to ... Read more Read more ›
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13.07.2025 18:14
Last update: 18:06 EDT.
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