Funding
Amsterdam’s venture capital firm Asif Ventures backs Ziemi and OutdoorCompute: Know more
Asif Ventures, an Amsterdam-based venture capital fund, announced that it has invested in Ziemi and OutdoorCompute.
Funding
Italy’s Rent2Cash closes €3M pre-Seed round; looks to hire 30 employees in the next 12 months
Roma-based Rent2Cash, Italy’s first startup offering upfront rental payments to landlords, has closed a €3M funding in its pre-seed round led by major Italian banks, institutional investors, and business angels.
Funding
UK-based Lodestar secures €2.3M to safeguard all off-earth operations; here’s how
London-based Lodestar Space, a company building tools for the new space age, has closed its $2.5M (approximately €2.30M) pre-seed funding round.
Funding
Dutch Founders Fund-backed UK fintech Primary Portal secures €8.9M
London-based Primary Portal, a digital platform that modernises equity capital market processes for banks and asset managers, announced that it has completed the first stage of its £7.5M (approximately €8.90M) Series A funding round.
Fintech
Revolut finally receives UK banking licence after registering record profits in 2023
London-based fintech company Revolut announced that it received its UK banking licence with restrictions from the Prudential Regulation Authority (PRA), the UK banking sector’s regulator.
Funding
German defence AI startup Helsing secures €450M at reported €4.9B valuation
Munich-based defence AI company Helsing has secured €450M in a Series C round of funding led by General Catalyst, with contributions from Elad Gil, Accel, Saab, Lightspeed, Plural, and Greenoaks.
Funding
Denmark’s Agrobiomics bags €4M to make plants climate resilient with biological solutions
Copenhagen-based Agrobiomics, a Danish agtech company, has secured €4M in funding from NOON Ventures to launch Fortify, a potent abiotic stress protectant for plants.
Funding
Spain’s travel tech platform Exoticca secures €60M to transform multi-day tour bookings
Barcelona-based Exoticca, a travel tech platform for multi-day tour packages, announced the closure of a €60M Series D funding round.
Funding
UK’s smart money app Plum raises €14.7M; aims for profitability by 2025
London-based Plum, a smart money app, announced that it has secured £13.4M (approximately €12.32M) in a Series B round of funding.
Funding
Luxembourg’s Gcore secures €55.1M in its first external investment in over a decade
Luxembourg-based Gcore, a company offering edge and cloud-based services, has announced that it raised $60M (approximately €55.16M) in a Series A round of funding.
News
Switzerland’s NetFabric secures €2M to transform network observability and monitoring: Know more
Zurich-based NetFabric, an ETH Zurich spin-off developing a next-gen network observability platform, announced that it secured $2.2M (approximately €2M) in a pre-seed round of funding led by Founderful and Playfair Capital.
Funding
Swedish sports nutrition startup Maurten raises €20M ahead of Paris 2024 Olympics
Venture capital firm IRIS Ventures announced that it has led a €20M investment in Gothenburg-based Maurten, a Swedish sports nutrition company.