Good news from around Europe
AI pioneer Dr Simon Kohl’s Latent Labs emerges from stealth, raising $50M for programmable biology AI foundation model builder Latent Labs today emerged from stealth with $50 million in total funding to accelerate their progress in programmable biology. The company was founded by Dr Simon Kohl, previously a co-lead of DeepMind’s
Fal.ai secures $49M series B for AI video creation Turkish mediatech startup Fal.ai has raised $49M in a Series B funding round led by Notable Capital, with participation from Andreessen Horowitz, Bessemer Venture Partners, Kindred Ventures, and First Round. This brings Fal’s total funding to $72M. Previously, the company secured
Monzo’s COO Sujata Bhatia to exit after five years Monzo’s chief operating officer Sujata Bhatia is leaving the UK challenger bank after five years. Bhatia announced on LinkedIn that she is “stepping away” from the neobank, saying it was the right time to exit. She said: “There’s never a good
Swedish startup Agteria Biotech raises €6M to reduce methane emissions from cattle Agteria Biotech, a Swedish startup dedicated to a 1 per cent reduction in global greenhouse gas emissions by reducing methane emissions from cows burping and farting, has raised €6 million in Seed funding You can check out an interview
Sylvera-BlueLayer partnership streamlines carbon credit transactions for developers and buyers Sylvera Carbon Data and BlueLayer announced a partnership designed to transform carbon markets by streamlining the exchange of inventory, price, and project data between project developers and buyers. The carbon market, as it stands, is fragmented and inefficient. Buyers face
Gridraven secures €4 million to address grid bottlenecks in Europe and the U.S. Tallinn-based Gridraven, whose AI-driven Dynamic Line Rating technology addresses grid bottlenecks and unlocks up to 30% more grid capacity annually, announced a €4 million raise in funding to expand into the US with the registration of Gridraven
Cybersecurity startup Jscrambler to beef up client-side protection with €5 million Porto-based Jscrambler, a cybersecurity startup focused on client-side protection, today announced the completion of a €5 million investment round subscribed to exclusively by Iberis Capital, in order to prevent digital skimming attacks on websites that capture payment card data.
From alumni to investors: CDTM-backed fund raises €8.2 million for early-stage startups Munich-based CDTM Venture Fund, part of the Center for Digital Technology & Management (CDTM), has today announced a €8.2 million raise to support CDTM-affiliated startups, driven by contributions from 316 alumni. The investor base of the CDTM Venture
SFC Capital raises additional €11.9 million to invest in early stage ventures across UK London-based SFC Capital, a Seed-stage investor, has received an additional €11.9 million commitment from British Business Investments (BBI) through its Regional Angels Programme to fund 100 early-stage businesses across the UK. BBI is a commercial subsidiary
Integral bags €6.3 million in a bid to redefine financial services for SMEs Berlin-based Integral, a FinTech startup innovating accounting, taxation & payroll services for SMEs, today announced its €6.3 million funding round, targeting German SMEs from the professional services sector with its first product launch. The funding round was