Good news from around Europe
Alice & Bob secures €100M for fault-tolerant quantum computing Alice & Bob, in the race to create the first universal, fault-tolerant quantum computer today announced a raise of €100 million in its Series B funding round, led by Future French Champions (FFC), AVP (AXA Venture Partners) and Bpifrance. FFC is
Blykalla and Höganäs partner to advance Blykalla’s SEALER technology Swedish nuclear tech startup Blykalla is entering a strategic partnership with Swedish manufacturer Höganäs to develop specialized materials and manufacturing processes for Blykalla’s small modular reactor (SMR), called the Swedish Advanced Lead-cooled Reactor. Höganäs is the world leader in the market for
Openvibe, the new social media app bridging the gap between users and platforms, raises €800K Prague social network mobile app Openvibe has raised $800,000 in an investment round. It aims to unify the fragmented world of open social media. By connecting Mastodon, Bluesky, Nostr, Threads, and more into a single intuitive
Payments fintech Vyne to shut up shop in UK UK account-to-account payment fintech Vyne is shutting up shop in the UK. The fintech was acquired by Dubai-headquartered open banking platform Tarabut in September last year. A statement on the Vyne website said: “As part of a broader global strategy adopted by
Danish Hybird Energy scores €2.4M for intelligent energy panels Hybird Energy, a Danish startup developing electrical panels powered by an AI energy cloud, has secured €2.4M in new funding. The round is co-led by BackingMinds, a Swedish early-stage venture capital firm, and Transition, a UK-based Climate VC. They are joined by existing
HealthTech Quibim’s vision for human digital twins gets €47.9M boost Quibim, a Valencia-based HealthTech company innovating the use of imaging biomarkers for precision medicine, announced today the close of its €47.9 million Series A financing in order establish US presence. The financing was led by Asabys (through its fund Sabadell
Elevating agriculture: Avisomo’s vertical farming technology gets a €5 million boost Oslo-based AgriTech startup Avisomo, which develops fully automated vertical farming solutions, has raised €5 million in new capital to develop its indoor farming technology, aimed at driving sustainable large-scale local food production. The funding includes a €1.6 million grant
AgriTech Agurotech secures €2.25 million to advance data-driven, efficient farming Agurotech, an Amsterdam-based AgriTech startup focused on data-driven agriculture, has raised a new investment of €2.25 million to accelerate its international growth and help make the global food system more future-proof. The funding included investments from Navus Ventures, ROM InWest
Inspired by hedgehogs: Atelerix’s €894k funding to innovate biosample storage and transportation Atelerix, a Newcastle University spinout focused on the storage and transportation of biosamples essential for pharmaceutical research, has raised €894k for their unique hydrogel, bringing their total funding to €1.4 million The funding round included participation from ACF
VentureBridge: EU-funded startups will connect with corporates and investors on March 7 in Barcelona On March 7, 2025, the ‘VentureBridge: Startups & Corporates Connect’ event, hosted by the Innovation Radar Bridge (IRB) project at The Social Hub in Barcelona, will offer VCs and corporates a unique opportunity to discover EU-backed