In other news this week: Zepz bags €243M, Oriole Networks raises €20M, TrueLayer secures €45M, Qovoltis completes €45M Series B funding, and more
In recent days, the tech industry has witnessed a wave of advancements and updates.
Funding
Where the capital lands, who writes the cheque, and what gets built with it. Funding rounds, venture capital flows, and the deal-making that shapes which technology companies scale.
6,932 articles · Funding
Amsterdam-based Plumery bags €3M to empower financial institutions to stay ahead in digital banking
Amsterdam-based Plumery, a digital banking experience platform, announced that it has raised $3.3M (approximately €3M) in additional funding from DN Capital and Fontes, managed by QED Investors.
Lithuanian renewable energy firm Green Genius bags €100M investment from EBRD
Vilnius-based Green Genius, a renewable energy developer owned by Modus Group, is set to receive up to €100M in equity investment from the European Bank for Reconstruction and Development (EBRD).
Czech-based PurposeTech closes first pre-seed fund to back CEE founders focusing on these sectors
Prague-based PurposeTech has closed its first pre-seed venture capital fund to support founders from Central and Eastern Europe (CEE) focused on health, sustainability, and education.
Zurich-based Voliro bags €10.8M to streamline inspection and maintenance tasks using flying robots
Zurich-based Voliro, a company specialised in aerial mobile robotics, announced on Thursday that it has secured $12M (approximately €10.8M) in Series A funding led by Cherry Ventures.
Amsterdam’s Merqato raises funds to empower fruit and vegetable companies with its AI platform
Amsterdam-based Merqato, an AI-powered platform to optimise operational planning, has secured fresh funding from Smarter Ventures.
Microsoft to invest €4.3B in Italy to boost AI infrastructure and cloud capacity: Know more
Microsoft, on Wednesday, announced a €4.3B initiative in the next two years to expand its hyper-scale cloud and AI data center infrastructure in Italy.
Eurazeo’s Kurma Partners raises €140M in first closing of €250M VC fund: Know more
Paris-based Kurma Partners, a venture capital group specialised in healthcare, has announced the first closing of its latest venture capital investment fund, Biofund IV, with a total of €140M raised to date.
Mastercard to acquire Sweden’s Minna Technologies to streamline subscription management and cancellation
Global tech company Mastercard has announced its plan to acquire Sweden’s Minna Technologies, a subscription management company, pending regulatory approval.
OpenAI bags €6B funding at €142B valuation: Know more
OpenAI, the creator of ChatGPT, announced that it has raised $6.6B (approximately €6B) in funding at a $157B (approximately €142B) post-money valuation.
Spain’s Submer secures €50.3M to drive eco-friendly AI factories and data centres
Barcelona-based immersion cooling company Submer has raised $55.5M (approximately €50.32M) in a growth round of funding.
Croatia’s All Eyes On Screens secures €10M to transform TV and video advertising with AI
Croatia-based All Eyes On Screens (formerly AdScanner) has announced the closure of its Series B funding round.