With a slew of tech announcements dominating the headlines recently, it’s been easy to overlook some equally important stories happening elsewhere.
But don’t worry — we’ve got you covered!
To make sure you stay informed, we’ve compiled a list of noteworthy stories that may have flown under the radar this week.
Give it a read
evroc raises largest tech Series A financing in Nordics
Based out of Stockholm, evroc is building Europe’s hyperscale cloud and critical AI infrastructure. Recently, the company announced that it has closed one of Europe’s largest Series A financing rounds in the technology sector. The financing, which was completed in 2024, exceeded €50M, making it the largest Series A round in the Nordics in the technology sector (Read more).
BayWa r.e. secures €435M
Based out of Munich, BayWa r.e. is a global renewable energy developer, service provider, distributor, and energy solutions provider. Recently, the company has reached an agreement with its shareholders and financiers for comprehensive financing to support its transformation process, securing total funds of approximately €435M. As a result, the majority shareholder, BayWa AG, plans to have its 51 percent stake managed by an investment company. (Read more)
Sofinnova Partners exceeds target with €165M biotech acceleration fund
Sofinnova Partners, a European life sciences venture capital firm based in Paris, London, and Milan, announced the final close of Sofinnova Biovelocita II. The fund has exceeded its target, successfully raising €165M, with substantial backing from the top global pharmaceutical companies, including Amgen, Bristol Myers Squibb, and Pfizer Ventures. (Read more)
GreenWay secures over €50M investment from Mirova
Based out of Bratislava, GreenWay specialises in electric vehicle charging in Central Europe. The company recently raised over €50M from Mirova, a Natixis Investment Managers subsidiary focused on sustainable investing. GreenWay is Mirova’s fifth investment in the low-carbon mobility sector after Driveco, Zunder, JET Charge, and NEoT Green Mobility, highlighting its in-depth knowledge of the industry. (Read more)
THENA Capital launched its Fund I; first closing at €32M
Based out of London, THENA Capital has launched its Fund I, reaching a first close of £27M ($35M) of a targeted £50M. The fund will focus on early-stage investments in the UK MedTech sector, supporting founders in areas such as oncology, chronic conditions, cardiovascular health, neurology, mental health, care service delivery, and women’s health, which is notably underserved. In addition to providing funding, the team will work with founders to help commercialize medical innovations and support the growth of companies in the global market. (Read more)
Buynomics raises €27.5M funding
Cologne, Germany-based Buynomics is an analytics platform that aims to help enterprises to land more profitable decisions leading to revenue optimisation and sustainable profit growth. Recently, the company secured $ 30M (approximately €27.5M) in a Series B funding round led by Forestay Capital, with participation from Anaïs Ventures SA, Vi Partners, and existing investors Insight Partners, Seedcamp, and Tomahawk Ventures. (Read more)
C1 Green Chemicals secures €20M funding
C1 Green Chemicals has secured an additional €20M in funding to advance the commercialisation of green methanol, a promising circular raw material for the future.
The funding was led by denkapparat, the family office of think-cell founders Markus Hannebauer and Arno Schoedl. Additional investments came from a range of prominent partners, including Planet A Ventures, Maersk Growth, SquareOne Venture Capital, Prof. Wolfgang Reitzle, and Jim Hagemann Snabe, among others. This approach aims to support the defossilisation of three major industries: shipping, aviation, and chemical production. By utilizsng green methanol, these sectors can significantly reduce their dependence on foreign resources, thereby enhancing industry resilience. (Read more)
Kosli secures €9.1M funding
Kosli automates compliance challenges in software delivery processes, providing speed, security, and audit-ready documentation at scale. Recently, the company announced $10M (approximately €9.1M) in a Series A funding round led by Deutsche Bank’s Corporate Venture Capital (CVC) group, with participation from Heavybit, Defined, Transpose Platform, and several angel investors. Besides funding, the company also launched Kosli Enterprise, a new offering designed to address the complex governance and compliance needs of large financial institutions. (Read more)
Aletiq raises €6M funding
Aletiq is a Paris-based SaaS platform that serves engineers, technicians, and operators who design and manufacture advanced products like satellites, nuclear plants, and surgical devices. It helps connect operational teams and provides a central source for technical data. Recently, the company secured €6M in a funding round led by Point Nine avec the support of Entropy Industrial Capital, Angel Invest, and a super group of business angels. (Read more)
Vega Chargers raises €5M funding
Based out of Catalonia, Vega Chargers is a company specialized in the design of quick chargers (DC) for electric vehicles. Recently, the company raised €5M in funding round, led by ORBIS TECNOLOGÍA ELÉCTRICA S.A. and backed by Suma Capital and CDTI Innovación – Centro para el Desarrollo Tecnológico y la Innovación Innvierte. (Read more)
Sqior Medical secures €4M funding
Based out of Munich, Sqior Medical has created a digital assistant to streamline the surgical process. This app connects all healthcare professionals involved, ensuring everything runs smoothly from when a patient is admitted until they reach the recovery room. The company recently secured around €4M in funding from Helsana Health Invest, a part of Helsana Insurance, and Vorwerk Ventures. (Read more)
Loop Biotech launches investment round to raise €1.5M
Based out of Delft, Loop Biotech is revolutionising the funeral industry with sustainable, biodegradable products made from mushrooms. Recently, the company has officially launched its public investment round, to raise €1.5M to further its mission of providing nature-enriching funerals. The company has already raised over €600,000 since beginning its fundraising efforts. Loop Biotech has established exclusive partnerships with some of Europe’s largest funeral homes, and it has already assisted over 2,000 families in leaving a positive legacy. (Read more)
Elaniti raises funding to help farmers and agronomists
Elaniti is a UK-based agritech startup providing data-driven decision support tools to help farmers and agronomists improve crop performance. Recently, the company raised a funding round with participation from early-stage biotech investor biotopeby VIB, Planetary Impact Ventures and Paulig Group’s CVC arm, PINC. By combining DNA sequencing with applied machine learning, Elaniti has developed proprietary predictive models that forecast crop outcomes based on soil biological, physical, and nutrient characteristics. (Read more)
Bending Spoons acquires komoot
Milan-based Bending Spoons announced that it has closed the acquisition of komoot, the Germany-based route-planning platform for adventurers and outdoor enthusiasts worldwide. Komoot’s mobile apps and platform provide advanced route planning and navigation tools. (Read more)
peopleIX secures €2.3M
Based out of Cologne, peopleIX is an AI-powered people intelligence platform, enables organisations to consolidate, analyse, and act on critical workforce data. Recently, the company raised €2.3M in a pre-seed funding round. The investment is led by Earlybird-X with the participation of neoteq ventures, TS Ventures, and HR Tech business angels. (Read more)
Qlarifi secures €1.6M funding
Based out of London, Qlarifi is a fintech startup transforming credit reporting for Buy Now, Pay Later (BNPL). Recently, the company raised $1.8M (approximately €1.6M) in funding backed by a combination of HoneyComb Asset Management, Carthona Capital and a selection of angel investors including Australian rugby legend John Eales. (Read more)
Sportano secures funding from bValue Fund
Zielona Góra, Poland-based Sportano, a company specialised in the sports e-commerce industry, has announced an additional investment of PLN 25M from the bValue Fund, raising the total investment to over PLN 60M.
The new funds will be allocated to three primary areas:
- Logistics
- Technology
- Product Offering (Read more)
Novatron Fusion Group secures funding
Based out of Stockholm, Novatron Fusion Group strives to establish fusion energy and the NOVATRON concept as the preferred large-scale dispatchable source of clean, safe, reliable and virtually limitless fusion power. Recently, the company raised funding in a Series A1 funding round. Additionally, the company also announced a new strategic long-term industrial partnership with lead investor and new board member St1. (Read more)
Capalo AI raises €3.8M in seed funding round
Finnish startup Capalo AI is a sustainable tech company that maximises the value of flexible assets and energy storage systems across multiple markets. Recently, the company raised €3.8M seed funding round. The round was led by VentureFriends and PROfounders, with participation from existing investors Inventure and Innovestor. (Read more)
ReactWise secures funding to develop robotic laboratories
Based out of London, ReactWise offers a simple software solution to optimize chemical reactions. Our user-friendly interface lets you use machine learning to easily predict and find the best reaction conditions. Recently, the company raised $3.4M in pre-seed funding to develop robotic laboratories powered by artificial intelligence, aimed at expediting research and development in pharmaceutical and chemical manufacturing. (Read more)
BRUM secures €3.5M funding
The Italian startup BRUM aims to streamline the often lengthy and complex process of obtaining a driving license for both students and instructors. Recently, BRUM announced the completion of €3.5M in a seed funding round, which will be used to expand its services into new cities, enhance its technology, and strengthen its network of qualified instructors. (Read more)
ALT21 raises €11.4M funding
Based out of London, ALT21 aims to make currency hedging accessible to everyone. The company has developed a suite of financial solutions designed to empower businesses of all sizes. Their main product, XHedge, simplifies currency management. Additionally, they provide Hedging-as-a-Service, Margin Finance, and Payments-as-a-Service, creating a full range of options for financial stability. Recently, the company raised $12.5M (approximately €3.5M) in a Series A funding round from a network of super angel investors. (Read more)
01
destream: Building the financial backbone of the creator economy