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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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Rotterdam-based Pryme, a chemical plastic recycling company, has secured an unsecured term loan facility from Dutch-based Energietransitiefonds B.V. (ETF-R) in either €4M or, at Pryme’s option, €5M, with a term until June 2027. The interest rate of the loan is 9.0 per cent per annum.
Paris-based Mistral AI, a company specialised in generative artificial intelligence, has secured €468M in an equity funding round at a €5.8B valuation.
Munich-based Raily, a company specialising in an AI-driven platform that fosters meaningful human connections, has completed its pre-seed funding round, securing $1.7M (nearly €1.57M) at a valuation of $17M (nearly €15.79M).
Amsterdam-based Haaven, a homebuilding platform, announced on Tuesday that it has secured €1.1M in a pre-seed funding round led by Speedinvest.
Paris-based Zeliq, an AI sales solution provider, has raised €9.2M in a seed round of funding.
Toulouse, France-based vorteX-io, a startup specialising in large-scale hydrological monitoring solutions, announced recently that it has secured €2.9M in a fresh funding round.
The Netherlands climbed to 13th place in the world's top-performing startup ecosystems, a one-place improvement from last year, says the Global Startup Ecosystem Report (GSER), launched today by Startup Genome and Techleap at London Tech Week.
The Hague-based Uprent, a startup that aims to transform the rental search process with AI, has secured €200K in a pre-seed round of funding.
Grenoble, France-based Kalray, a provider of advanced data processing solutions, has announced that it is in negotiations to merge with the Israeli company Pliops.
Munich-based ARX Robotics, a company specialising in scalable robotic systems for diverse applications, has closed its seed funding round at €9M. This is the largest seed round to date for a European defence tech company.
Stockholm-based Aira, a clean energy tech company, recently announced that it has secured €200M in debt commitments from BNP Paribas to facilitate the installation of Aira Heat Pumps in thousands of homes across Germany.
London-based Visibly, a startup focusing on blue- and green-collar industries, has raised $7.5M (approximately €6.97M) in a fresh round of funding.
