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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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Liverpool-based Yodel, an independently owned parcel carrier, announced that it secured £85M (approximately €99.28M) in a funding package to invest in business automation and modernisation over the next three years.
Stockholm-based GreenIron, a startup focused on cost-efficient CO2-free reduction of metal oxides to pure metals, announced recently, that it has secured an additional SEK 100M ( approximately €8.6M) financing from existing shareholders.
In the world of technology, every day, we come across multiple news that hit the headlines in terms of funding, breakthroughs, or acquisition.
Paris-based Morpho, a company developing a decentralised protocol for crypto lending and borrowing on Ethereum, has secured $50M (approximately €46.15M) in fresh funding.
Hamburg-based Planeteers, a company specialising in carbon capture and storage (CCS), announced that it closed a single-digit million seed funding.
Cambridge, UK-based CorrosionRADAR, a provider of predictive Corrosion Under Insulation (CUI) monitoring solutions, announced on Tuesday, July 30 that it has secured £5M (approximately €5.9M) investment in a fresh funding round from Aramco Ventures, Dow, Kanoo Ventures, and Mercia Ventures.
European Commission (EC), on Thursday, August 1, announced that the European Artificial Intelligence Act (AI Act) has entered into force.
Nantes-based D-ICE Engineering, a French deeptech company focused on energy transition and decarbonisation in the maritime and offshore industries, has secured €6M in a Series A round of funding.
London-based Axle Energy, an energy flexibility startup, announced on Thursday that it has secured $9M (approximately €8.3M) funding in a Seed round led by Accel, with participation from existing investors Eka Ventures and Picus Capital.
Barcelona-based Wallbox, a smart electric vehicle charging and energy management provider, announced that it has secured $45M (approximately €41.72M) in funding.
Vilnius-based Bourgeois Boheme (BoBo), a fintech company tailored for the new generation of successful entrepreneurs, announced that it has closed a €6.5M seed round led by Graphit Lifestyle, an Austria-based VC firm.
Berlin-based Checkly, a provider of Monitoring as Code solutions, announced on July 31, that it has raised $20M (approximately €18.5M) in a Series B funding round led by Balderton Capital, bringing $32.25M (approximately €30M).
