Spanish unicorn TravelPerk bags $200M at $2.7B valuation; acquires Zurich-based Yokoy
Barcelona-based TravelPerk, a platform for managing business travel globally, has raised $200M (nearly €191.75M) in an oversubscribed Series E funding round.
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Voice AI unicorn ElevenLabs secures $250M; now valued at over $3B, says reports
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 closes first fund at €220M; will focus on decarbonisation of transportation
Paris-based Shift4Good, an impact investment fund focused on decarbonising the transportation sector, has closed its first fund at €220M, exceeding its fundraising target.
Leiden-based electrical data analytics company Samotics secures €20M from EIB
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).
Dutch startup specialising in navigation tech for mobile robotics Accerion acquired by Germany’s SICK
On Monday, Waldkirch, Germany-based SICK, an international provider of sensor-based automation solutions, announced the acquisition of the Dutch technology company Accerion.
China’s HSG tunes into Marshall: Set to acquire majority stake in the iconic brand for €1.1B
Funds managed by HSG (HongShan Capital Group, formerly known as Sequoia China) have reached an agreement to acquire a majority stake in…
Dublin-based SaaS firm Mobility Mojo raises €4.25M from Gresham House Ventures: Know more
On Monday, London-based Gresham House Ventures, a growth equity investor, announced that it has committed a €4.25M investment in a Dublin-based SaaS platform Mobility Mojo.
Blockchain meets aviation: Wingbits lands €5.3M to transform flight tracking
Stockholm-based Wingbits, a decentralised physical infrastructure (DePIN) startup focused on the aviation industry, has raised $5.6M (approximately €5.34M) in funding.
In other news this week: Egregious secures funding to protect humans from AI, 4Elements bags €27.4M, Eliq secures funding from Volvo cars, and others
In our fast-moving world of technology and innovation, it's easy to miss some interesting stories happening around us.
European Commission invests €3M to develop new chip that will help solve quantum computing bottlenecks
On Thursday, The European Commission announced that it is investing €3M to develop the first-ever quantum chip that combines electronics and light using advanced Germanium-Silicon technology.
The Hague-based Yabx and SC Ventures invest €9.5M in Furaha to expand access to purpose-driven financing in Africa
On Friday, SC Ventures, the innovation and investment arm of Standard Chartered, announced that it has teamed up with The Hague-based Yabx Technologies, a company of Tech Mahindra group, to invest in Furaha.
Sweden’s medtech startup Xaga Surgical raises €698K: Know more
Helsingborg-based Xaga Surgical, a Swedish medical technology company, has completed a SEK 8M (approximately €698K) investment round.