Day: February 5, 2025

Welcome to our new IVY reporter!

Welcome to our new IVY reporter! IVY “Interreg Volunteer Youth” is an initiative by the European Commission that started in 2017. It gives young people aged between 18 and 30 years old the opportunity to be a volunteer within the organisations that make European cooperation possible.  The Interreg Euro-MED Programme supports the IVY initiative and welcomed Farah Ben Hadj

Investor slashes value of Pleo stake by 25 per cent

Investor slashes value of Pleo stake by 25 per cent An investor in expenses management platform unicorn Pleo has cut the value of its stake by over 25 per cent year-on year, according to a new report. Kinnevik, which holds a 14 per cent stake in Denmark-founded Pleo, valued the

Yooro removes barriers to access to private investment markets with Securitisation-as-a-Service

Yooro removes barriers to access to private investment markets with Securitisation-as-a-Service Today fintech Yooro launched which aims to transform private markets, specifically in complex unlisted investments, by eliminating barriers and streamlining investment processes. It’s the brainchild of founder Milo Guastamacchia. With an academic background in industrial production engineering, Guastamacchia began his

Crown secures €2M for procurement platform

Crown secures €2M for procurement platform Crown, a Ukrainian-founded and Paris-based company that offers electronic auctions as an alternative to traditional procurement negotiations, has raised €2M in its first funding round.  This round was led by Heartfelt, with participation from Kima Ventures, Backbone Ventures, Another.vc, Apok Invest, ZAS Ventures, Prequel

United Fintech moves into commercial banking with CBA acquisition

United Fintech moves into commercial banking with CBA acquisition A fintech group, which acquires and scales fintechs, says it has made its biggest acquisition to date, snapping up Norway-headquartered Commercial Banking Applications (CBA). United Fintech, founded in 2020, is primarily looking to acquire and scale fintechs in the capital markets

Akribion secures €8M Seed to fight disease with genomics

Akribion secures €8M Seed to fight disease with genomics German spinout Akribion Therapeutics, an RNA-focused biotech, has raised €8M to accelerate its therapeutic development. The round was led by CARMA FUND and RV Invest, with investments from MP Beteiligungs GmbH, Hessen Kapital I, Bruker Invest and High-Tech Gründerfonds (HTGF). Akribion

MAVOCO secures €11 million to accelerate global growth

MAVOCO secures €11 million to accelerate global growth MAVOCO, a Eisenstadt-based provider of Connectivity Management Software for the Internet of Things (IoT), has successfully closed its Series A+ financing round, securing €11 million in equity from existing shareholders and new investors. The round was led by 3TS Capital Partners, red-stars.com,

Cybersecurity startup Riot raises €28.9 million to expand globally and double headcount by 2026

Cybersecurity startup Riot raises €28.9 million to expand globally and double headcount by 2026 Riot, a Paris-based cybersecurity software platform, announced today a €28.9 million Series B financing round to fuel product development, open two new offices, and double headcount by 2026. The funding round was led by venture capital

BioTech startup Akribion Therapeutics raises €8 million to develop programmable cell depletion

BioTech startup Akribion Therapeutics raises €8 million to develop programmable cell depletion Akribion Therapeutics, a Zwingenberg-based BioTech startup developing a RNA-guided, nuclease-based technology for programmable cell depletion, today announces its exit from stealth and the completion of a Seed financing round raising €8 million to accelerate the development of therapeutics

LegalTech startup Pandektes raises €2.9 million to automate the European legal sector

LegalTech startup Pandektes raises €2.9 million to automate the European legal sector Copenhagen LegalTech startup Pandektes has secured a €2.9 million Seed investment to further develop AI solution to help legal professionals navigate legislation, find new case law, prompt legal queries, and build knowledge-bases. The investment round included participation from