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Breaking news and analysis from technology, capital, and policy — the moves that matter for the people building, funding, and regulating the technology economy.
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When three students from a Swiss university joined SpinLab, a startup accelerator based in Leipzig, Germany, they hoped to grow their startup and as entrepreneurs.
On Tuesday, Amsterdam-based Agurotech, a startup that offers farming solutions, announced that it has raised €2.25M from Navus Ventures, ROM InWest, and Rabo Ventures.
On Tuesday, Cologne, Germany-based DeepL, a language AI company, announced the expansion of its API solution with two new features.
On Tuesday, The Hague officially welcomed Natural Ventures, an impact-focused venture capital fund dedicated to tackling global food and water security challenges.
Switzerland-based Voltiris, a company that helps greenhouses boost sustainability and profitability by optimising solar energy use, has raised CHF 4.8M (approximately €5.07M) in its seed round of funding.
In 1972, five entrepreneurs embarked on a mission to create enterprise software that integrated all business processes and enabled data processing in real-time.
On Tuesday, Copenhagen-based Hybird Energy, a startup developing intelligent electrical panels powered by an AI energy cloud, announced that it has secured €2.4M funding co-led by BackingMinds (Swedish early-stage venture capital firm) and Transition (UK-based Climate VC).
Barcelona-based TravelPerk, a platform for managing business travel globally, has raised $200M (nearly €191.75M) in an oversubscribed Series E funding round.
New York and London-based ElevenLabs, a voice AI research and deployment company, has reportedly raised $250M (nearly €239.57M) in a Series C funding round.
Paris-based Shift4Good, an impact investment fund focused on decarbonising the transportation sector, has closed its first fund at €220M, exceeding its fundraising target.
On Monday, Leiden-based Samotics, an electrical data analytics company, announced that it has signed a €20M financing agreement with the European Investment Bank (EIB).
On Monday, Waldkirch, Germany-based SICK, an international provider of sensor-based automation solutions, announced the acquisition of the Dutch technology company Accerion.
