In our fast-moving world of technology and innovation, it’s easy to miss some interesting stories happening around us.
Every day, we receive a lot of news about funding, acquisitions, and discoveries, and many great stories can easily be overlooked.
In this edition of “the other news this week” we have briefly compiled a list of important news that we have missed.
4Elements raised €27.4M to develop climate tech projects
4Elements has raised €27.4M to support the development of Climate Tech projects. The fund aims to establish startups focused on energy, low-emission mobility, recycling, sustainable production, real estate decarbonization, and sustainable agriculture.
The support comes from the European Investment Fund, Bpifrance, Greenpact, and family offices. The initiative employs a venture studio model to target projects that meet market needs and demonstrate strong technological differentiation. Currently, three holdings are part of the portfolio: Bluefins, Cedrus Solutions, and netcarbon, with additional projects expected to be announced soon. (Read more)
ecoplanet secures €16M funding
Munich-based ecoplanet is an energy management software company. The company’s software delivers actionable insights, automated processes, and data-driven decisions, minimising manual effort while ensuring compliance. As per the company’s claims, the majority of customers have cut costs by up to 20 per cent within the first 12 months and reduced workload by up to 60 per cent. Recently, the company raised €16M in a Series A funding round led by EQT Ventures, with continued support from HV Capital and additional market experts. (Read more)
Forest raises €15.4M funding
Based out of London, Forest is an environmentally sustainable shared bike operator. Its operations are ‘zero emission’, since every bike in its fleet, as well as all service vehicles, are certified to be powered only by renewable energy. Recently, the company secured £13M (approximately €15.4M) in the first close of its Series B round, including a facility of up to £10M in Asset-Backed Finance from Fintex Capital. (Read more)
nexos.ai secures €7.6M funding
nexos.ai, an AI infrastructure company, recently announced that it has emerged from stealth with $8M (approximately €7.6M) funding led by Index Ventures, with participation from Creandum and Dig Ventures. The company is developing an AI infrastructure providing a centralised platform for enterprises to integrate and manage multiple AI models seamlessly. (Read more)
Enapi raises €7.5M funding
Enapi is a connectivity platform that links EV charge point operators and eMobility service providers to create better charging experiences for drivers. The company’s platform, which uses the OCPI standard, allows marketplace participants to use its open protocols. It aims to increase community collaboration and elevate the quality of available data. Recently, the company raised €7.5M in a Seed Funding Round, led by Voyager Ventures, bringing our total funding to €10 million. (Read more)
Alteva Technologies raises €1.7M
Cologne, Germany-based battery startup Alteva Technologies recently closed €1.7M in a pre-seed financing round led by HTGF (High-Tech Gründerfonds) with participation from UnternehmerTUM Funding for Innovators, NRW.BANK and renowned angel investors. The company develops ultra-lightweight batteries that are significantly superior to existing market options and enable the electrification of aircraft, trucks, and buses. (Read more)
fabel raises €1.3M funding
Hamburg-based fabel, a provider of a digital platform for support for family caregivers has secured €1.3M in a pre-seed funding round. In addition, fabel received government funding of €400K. The company offers digital solutions for family caregivers, simplifying daily life and access to care services. Its platform provides personalized content and products while enabling networking with healthcare professionals. (Read more)
Open Payments raises €3M for its open banking platform
Stockholm-based Open Payments offers an open banking platform for B2B payments. Combining Open Banking and ISO standards into a single API, the company enables seamless connectivity between financial management systems and banks. Recently, the company raised €3M in a funding round led by Alfvén & Didrikson, with participation from Industrifonden and other existing investors. (Read more)
ScrapBees secures €4M
ScrapBees is a company that focuses on collecting and recycling scrap metal, specifically for businesses in the plumbing, heating, and air conditioning sectors. Founded in 2020, it aims to provide efficient support to craft businesses as they transition to newer, more sustainable heating systems, such as heat pumps. Recently, the company raised €4M in funding from NRW.Bank, EIT RawMaterials, Bonventure, and several other investors. (Read more)
Tryp.com raises €3.1M funding
Based out of Copenhagen, Tryp.com is a travel platform designed to simplify multi-destination trips by consolidating bookings for flights, trains, buses, and accommodation into a single interface. Recently, the company raised €3.1M led by Iberis Capital, and with the participation of EdenBase, ITV, GMPVC German Media Pool, and Jacob Gade. (Read more)
Egregious secures funding to protect humans from AI
Egregious is a research and intelligence lab focused on protecting humans from AI. With human-level AI driving scams and disinformation online, social media has become a global platform for digital deception. Egregious develops tools to detect and counter the misuse of AI on social media. Recently, the company raised $1M in pre-seed funds co-led by Oxford Capital and Fuel Ventures. (Read more)
Eliq secures investment from Volvo Cars
Based out of Gothenberg, Eliq has developed an energy data platform that helps homeowners save energy by estimating daily consumption, spotting patterns, and providing personalised insights. Eliq’s platform empowers users with actionable insights to optimise energy use and reduce environmental impact. Recently, the company raised investment from Volvo Cars, through its venture capital arm, the Volvo Cars Tech Fund. (Read more)
Pro4all acquires STA Software
Pro4all has announced its acquisition of STA Software, a Dutch SaaS provider specialising in quality management solutions for the construction sector. STA Software delivers a modern multi-tenant SaaS platform that includes modules for handover, quality assurance, safety inspections, automated planning, and warranty management. The acquisition supports Pro4all’s international expansion strategy by integrating STA Software’s solutions and broadening its product offering and geographic presence in Europe.
EBAMed secures funding to develop Ultrasound Imaging Solution
Based out of Geneva, EBAMed (External Beam Ablation Medical Devices) is developing an Ultrasound Imaging Solution to enable non-invasive treatment of Cardiac Arrhythmias. Recently, the company raised an investment from CDP Venture Capital as part of the PNRR (Piano Nazionale di Ripresa e Resilienza) and the Next Generation EU initiative. (Read more)
xPortal has acquired Alphalink
xPortal has acquired Alphalink, a Berlin-based Web3 startup known for its user-friendly crypto mobile app. This acquisition enhances xPortal’s mission to simplify cryptocurrency and financial investing.
As part of the deal, seasoned FinTech and crypto experts Marko Bradic and Mohit Tilwani join xPortal as Co-founders—Bradic as Chief Product Officer (CPO) and Tilwani as Chief Technology Officer (CTO)—alongside CEO Sergiu Biris.
The team aims to create a network of specialized DeFi agents to streamline user tasks and improve onboarding and engagement through effective chain management. (Read more)
Matchory secures €6M funding
Ulm, Germany-based Matchory focuses on making global supply chains more transparent through strategic procurement and automated supplier searches.
Their AI-powered platform collects important supplier information and makes it easily accessible for businesses. This cloud-based software improves the supplier search process and is used by companies like DMG Mori, Tesa, Bosch, and Jungheinrich.
Recently, the company raised €6M in a Seed-extension round led by Capmont and was joined by existing investors: Earlybird-X and angel investors from industry and procurement. (Read more)
Zynap secures investment from kfund
Barcelona-based Zynap is an AI-powered platform that anticipates and neutralises cyber threats before they can cause harm. By simulating real-world attack techniques, Zynap enables organisations to stay ahead of cybercriminals rather than reacting to breaches after they occur. The company’s platform is designed for businesses of all sizes, security teams, and Managed Security Service Providers (MSSPs), making enterprise-grade cybersecurity accessible to a wider audience. Recently, the company raised undisclosed investment from kfund to accelerate its business growth. (Read more)
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