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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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Tampere-based Millog, a provider of smart lifecycle management, logistics and maintenance services for government authorities and businesses, has officially launched a state-of-the-art test centre at the DEFINE (Defence Innovation Network Finland’s) Innovation Hub in Riihimäki, Finland.
London-based Watergate, a water tech company dedicated to combating water leaks and promoting conservation, has raised £735,687 (approximately €848,504) through crowdfunding from more than 400 investors.
US-based Lyten, a supermaterial applications company, has announced a deal to buy Northvolt’s remaining assets in Sweden and Germany.
Switzerland and US-based Energy Vault, a company specialised in grid-scale energy storage solutions, announced it has entered into an exclusivity agreement for a $300M (approximately €258M) preferred equity investment.
Riga-based Cellbox Labs, a company developing organs on a chip that are miniature organ replicas outside the human body, has secured €3.3M in non-dilutive funding to accelerate the development of its technology.
Spain’s Bit2Me, a digital asset platform serving Spanish-speaking users, has received €30M in fresh funding led by Tether Ventures.
Zoetermeer, the Netherlands-based Decubate, a crypto launchpad and crowdfunding platform for web3 projects, announced that it has received a MICAR license.
The Hague-based Bubty, a global Freelance Management System (FMS), has been acquired by Upwork’s new enterprise subsidiary.
Oxfordshire-based Oxford Dynamics, a deep-tech startup specialised in artificial intelligence (AI) and robotics, has secured a strategic investment from BAE Systems, a British multinational aerospace, arms and information security company.
Copenhagen-based SNIPR Biome, a biotech company focused on developing precision medicines through CRISPR technology for microbial gene therapy, has successfully secured €35M in a Series B funding round.
Stockholm-based Flox, a company focused on human-wildlife interaction through AI, has completed a Seed funding round of nearly $1M.
UK-founded Tracelight, an AI company making financial models easier to build and trust, has raised $3.6M (approximately €3M) in seed funding led by Chalfen Ventures.
