Day: January 23, 2025

Arctic Therapeutics raises €26.5M Series A funding for dementia treatment Icelandic drug discovery and development startup Arctic Therapeutics has raised €26.5M in Series A financing from a syndicate of international investors.  The syndicate includes the EIC Fund, Iceland’s largest privately held investment firm Kaldbakur, Investcorp-backed Sanos Group, Swiss-based Cerebrum DAO,

Music AI raises $40M in Series A round Music AI, who also own music tech startup Moises, has raised $40M in a funding round led by Connect Ventures, an investment partnership between Creative Artists Agency (CAA), NEA, and prominent Brazilian investor, monashees. After leading the company’s Seed round, monashees is reaffirming

For European female founders the time has finally come The world of entrepreneurship is often hailed as a bastion of innovation and limitless potential. Yet, for female founders across Europe, this promise remains riddled with systemic barriers, particularly when it comes to securing funding. Despite growing awareness and incremental improvements, the

Govtech Zencity acquires Commonplace, an engagement tool for public bodies Zencity, a community engagement platform, based in the UK, has acquired engagement software company Commonplace.  Their newly combined offering pairs digital engagement with AI, social listening and analytics capabilities for platforms. Commonplace brings 3,500 individual projects across the UK, having

Matchory raises €6M Seed extension for supplier discovery ‘ProcureTech’ startup Matchory has secured €6M in a new funding round. Munich-based VC Capmont led this round, which was joined by existing investors Earlybird-X and angel investors from industry. The influx of capital will now be used to expand internationally and to further develop

One man’s trash: ScrapBees raises €4 million for innovative recycling solutions ScrapBees GmbH, a Neuss-based startup in innovative recycling solutions for tradespeople and businesses, has successfully raised €4 million to expand its regional operations nationally. Joining the effort are new investors NRW.BANK and EIT RawMaterials, alongside continued support from Munich-based

FinTech Aslan secures €4.7 million to “supercharge” employees’ pay Aslan, the London-based financial wellbeing platform, today announces its oversubscribed €4.7 million Seed funding round to launch a suite of rewards features and expand their team. The round was led by Notion Capital, a leading European software and cloud venture capital

Cameras, drones and unmanned vehicles: Vizgard raises €1.7 million to scale their proprietary FortifAI Vizgard, a London-based company that automates security cameras, has secured €1.7 million to scale Vizgard’s engineering and business development capabilities and establish international distribution to accelerate growth. The funding round was led by Sure Valley Ventures

Navigating regulatory hurdles: A startup’s guide to compliance in complex industries (Sponsored) As European startups face increasing pressure to expand internationally, many are looking across the Atlantic for growth opportunities. The US continues to attract some of Europe’s brightest entrepreneurs, offering a funding environment where firms are 40% more likely

Pedal power: Forest lands €15.3 million to expand sustainable e-bike fleet Forest, a London-based shared bike operator, has secured €15.3 million in the first close of its Series B round in order to introduce three new e-bike types to its fleet and invest in sustainable and responsible growth. This funding