In recent days, the tech industry has witnessed a wave of advancements.
From groundbreaking AI developments to shifts in health care, it’s been nothing short of a rollercoaster ride.
With so many changes happening daily and quickly, it’s easy for some stories to slip through the cracks.
But worry not, we have gathered them all in this roundup to make sure that you stay updated in the ocean of tech innovations.
Do give it a read!
Navro secures €36.2M funding
Based out of London, Navro aims to simplify payments by enabling businesses to access the best payment and banking infrastructure around the world, all through one contract and one API. Recently, the company raised $41M (approximately €36.2M) in a Series B funding round led by Jump Capital to accelerate global expansion plans and connect more local payout and collection services worldwide. (Read more)
IXI secures €32.2M in funding
IXI is a Finnish-based hardware company developing the world’s first autofocus glasses. The company’s glasses intelligently adapt to your eye movements, automatically focusing to help you see more—sharper—all within designed frames. Recently, the company raised $36.5M (approximately €32.2M) in Series A funding led by Plural, with participation from Tesi, byFounders, Heartcore, Eurazeo, FOV Ventures, Tiny Supercomputer and IXI’s existing investors. (Read more)
DePoly raises €20M and launches 500-tonne-per-year plant
Based out of Switzerland, DePoly is a cleantech company transforming polyester and PET waste into valuable raw materials. Using patented technology, the company breaks down plastic and textile waste into the building blocks for new, high-quality PET and polyester. Recently, the company announced that it has secured $23M (approximately €20M) in seed funding round and the launch of a 500-tonne-per-year plant for PET (Polyethylene Terephthalate) and polyester waste. (Read more)
Arondite raises €10.6M funding
Arondite is a British company transforming how defense organizations integrate technology and human teamwork. Founded by UK defense experts, it connects various systems through a single interface to improve safety and collaboration. Using AI and machine learning, Arondite also delivers valuable data and insights to enhance efficiency. Recently, the company raised over $12M (approximately €10.6M) in funding. The $10M (approximately €8.8M) Seed round was led by Index Ventures. This follows on from a previously undisclosed $2.25M (approximately €1.9M) pre-seed round led by Concept Ventures and Creator Fund. (Read more)
Sijthoff Media appointed Myrthe van der Erve as its new CEO
Sijthoff Media has announced the appointment of Myrthe van der Erve as its new CEO, effective May 1. Van der Erve, who has served as the company’s COO since September last year, brings a wealth of experience in media, tech, and consultancy to her new role. She served as TNW’s CEO from 2021 before joining Sijthoff Media. (Read more)
Austrian startup Heizma raises €2.5M
Austrian clean energy startup Heizma has raised €2.5M in an oversubscribed funding round, just two weeks after opening to investors. Launched in December 2023, Heizma bootstrapped its way to becoming one of Austria’s fastest-growing residential energy providers. In its first 12 months, the company sold over 500 heat pumps, built a team of 70+ employees, and established four local installation units covering 80% of the country. (Read more)
Frank Tazelaar appointed as new Chairman of the Supervisory Board of the RETF
Frank Tazelaar has been named the new Chairman of the Supervisory Board of the Rotterdam Energy Transition Fund (RETF). With over 30 years of leadership in the maritime, logistics, and industrial sectors, Tazelaar currently serves as CEO of thyssenkrupp Veerhaven & EECV B.V. He also holds supervisory roles at Deltalinqs, Port of Den Helder, and CIBUA / Gezamenlijke Brandweer Rotterdam. His previous roles at APM Terminals, the Port of Rotterdam Authority, and the Municipality of Amsterdam reflect his longstanding commitment to sustainable port innovation and economic growth. (Read more)
Nick Tye Retires as CEO of Carbon Underwriting
Based out of London, Carbon Underwriting is an independent managing general underwriter (MGU) focused on transforming the international coverholder market. Using its technology platform, Graphene, Carbon provides valuable data to help underwriters and coverholders make better decisions. Recently, the company announced that Co-Founder and CEO Nick Tye is retiring from the business following a diagnosis of progressive Multiple Sclerosis. . As the natural successor, fellow co-founder and chief underwriting officer Jacqui Ferrier was appointed CEO immediately. (Read more)
Amsterdam’s Instant launches Shopdev
Amsterdam-based startup Instant announces the launch of shopdev, the first AI-powered Shopify developer that generates production-ready Liquid code from a simple prompt. With shopdev, merchants, designers, and developers can describe what they want to build for their Shopify store in plain English, and the tool generates clean Liquid code that’s ready to publish or export in one click. (Read more)
Astrato bags €4.4M funding
Based in London, Astrato is a cloud-based business intelligence platform that lets teams create real-time, self-service data apps using their cloud data warehouse. Recently, the company secured $5M (approximately €4.4M) in a seed round led by Big Pi Ventures, with participation from Propelling Tech Ventures and more than 30 strategic angels.
Zig and Xitres join forces
Zig and Xitres, two software companies that focus on social and commercial housing in the real estate sector, are teaming up to become a leader in the Dutch market. This collaboration will provide customers in both areas with a wider range of product options. Main Capital Partners owns most of both companies and will remain the majority shareholder after the merger. (Read more)
EQT Ventures launches the Founder Six
EQT Ventures, one of Europe’s largest early-stage investors, has launched a report and a microsite that introduce a new framework created with Oxford University. The report, called “The Founder Six,” highlights six important traits of successful founders. It also includes a free test available on the microsite. This framework is based on five years of data from over 5,000 psychometric profiles and the results of successful founders. EQT Ventures aims to use this information to secure more funding for early-stage innovators, improve the selection process, and increase success rates. (Read more)
Dutch startup Wattlab launches SolarDeck system
Wattlab, a Dutch company specializing in maritime solar technology, is launching its SolarDeck system for the shipping industry. SolarDeck includes modular solar panels installed on the deck that can greatly reduce fuel use and CO2 emissions. When used on a cargo ship, it can lead to significant savings through Fuel EU Maritime and EU ETS regulations, with an expected return on investment of 3 to 5 years. (Read more)
Solda.AI secures €3.5M funding
Based out of Berlin, Solda.AI builds fully autonomous AI voice sales agents that can close deals from start to finish. According to the company’s claims, their voice agents are 30 per cent more cost-effective than call centers, can process 10,000 leads daily, and have a 1% detection rate. Recently, the company raised $4M (approximately €3.5M) in a seed funding round led by Accel, with participation from AltaIR Capital. (Read more)
AMPLY Discovery raises €1.5M funding
Based out of Belfast, AMPLY Discovery is a spin-out from the Queen’s University Belfast that employs machine learning and AI techniques to mine vast biological data to discover novel medicines.
The classes of molecules that AMPLY can target, such as RNA, proteins, and peptides, offer significant potential as new biopharmaceutical drug products that target hard-to-treat diseases.
Recently, the company raised $1.75M (approximately €1.5M) in a seed round to develop innovative medicines using its proprietary AI-driven drug discovery platform. The round was led by Twin Path Ventures, a specialist AI investor, with participation from US-based Venture Science, Co-fund NI, the British Business Bank, and QUBIS Limited.
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