Day: January 22, 2025

ABB acquires Sensorfact: a leap forward in industrial energy efficiency ABB is acquiring Sensorfact — a fast-growing energy management company headquartered in Utrecht, Netherlands.  Established in 2017, Sensorfact offers a scalable SaaS solution that helps small and medium-sized enterprises use AI in their operations and energy management to lower costs and increase

Why startups are turning to CVCs like InMotion Ventures amid shifting VC dynamics Hey startups, if you’ve been shilling your pitch deck to traditional VCs and not getting anywhere with warm introductions, you might want to consider corporate VCs (CVCs).  The rate of CVC investments on the rise  In the

33East closes €26M fund to invest in Cyprus Cyprus-based venture capital firm 33East has launched its inaugural fund with a first close of €26M. The fund will invest in pre-seed and seed-stage founders and startups with a connection to Cyprus, with the aim of transforming the country into a hive

Egregious raises $1M Pre-Seed to defend humans from AI misuse Egregious, a pioneering company developing advanced technologies to defend humans from AI misuse, has raised $1 million Pre-Seed in a round led by Fuel Ventures and Oxford Capital.  The startup aims to protect critical organisations from AI-driven threats like deception,

Spanish cybersecurity startup Zynap raises €5.7M Zynap, a Spanish startup leveraging generative AI to fight cybercrime, launched with €5.7M in funding from Kibo Ventures and Kfund. Headquartered in Barcelona with short-term plans for international expansion, Zynap’s technology generates false cyberthreats using LLMs. Its standardized solutions ensure integration with existing tools

Fintech Qomodo raises €13.5 million to revolutionise payments for physical merchants Qomodo, the Milan-based “all-in-one” smart payment solution for physical merchants, announces it has raised €13.5 million in Series A funding in order to develop AI tools aimed at expanding its portfolio. The round was co-led by RTP Global and

SolidWatts raises €850k for industrial heating solutions and sustainability in global industries SolidWatts, a Pully-based industrial heating startup, raised €850k in a pre-Seed investment to accelerate the commercialisation of its Radio Frequency industrial heating solution. The round was led by Evercurious VC, with the participation of Switzerland’s Kickfund, COREangels Climate,

Egregious secures €936k to combat AI misuse and meet growing demand Egregious, a London-based startup developing cutting-edge technologies to defend against AI misuse, has raised €936k in a Pre-Seed funding round in order to meet growing demand for AI threat detection. The funding round was led by Fuel Ventures and

Modash acquires fellow Estonian startup Promoty to accelerate creator partnerships Modash, a Tallinn-based influencer marketing platform, today announced the acquisition of Promoty, a fellow Estonian influencer platform known for its CRM tools and focus on meaningful brand-creator relationships. The acquisition follows Modash’s successful €11 million Series A funding round and

WhatsApp for construction: Kraaft raises €13 million to digitise construction operations Kraaft, a Paris-based startup transforming the construction industry with its AI-powered collaboration platform, has raised €13 million in a Series A funding round to fuel product development and expand into key markets, including the UK and Germany. The investment