Good news from around Europe
Stripe calls for European reform as value jumps to $91.5BN The co-founders of payments powerhouse Stripe today made an impassioned plea for capital markets, regulatory, and labour reform across Europe, saying it was facing an “existential” crisis. The call for change comes as Stripe announced it had reached an agreement
VRAI secures €5M Series A for dual use defence tech VRAI, a startup whose dual use technologies enable analysis for simulation-based defence training, has raised €5M in a Series A led by Beringea. VRAI Simulation specializes in creating data-driven virtual reality (VR) training solutions for high-risk environments. Their flagship product,
Spanish Investment Firm IDC Ventures Announces €150 Million Fund of Funds I Spanish investment firm IDC Ventures (IDCV) has announced the launch of VC4 FoF I (VC4), its inaugural fund of funds with a size of up to €150 million. Approximately €33 million has already been committed as part of
edyoucated acquires AI-powered HRtech Peers Solutions Berlin-based AI-powered skill management and professional development platform Peers Solutions has been acquired by edyoucated, which is headquartered in Münster. Peers Solutions brings more than 100,000 users at renowned companies including Volvo, TRUMPF, KUKA, and GenoAkademie for Volks- and Raiffeisenbanken from the DACH region
UK fintech The Payment Firm hit with onboarding restrictions London-based payments fintech The Payment Firm has been hit with regulatory restrictions and has ceased onboarding new customers. The Payment Firm, which has an FCA EMI licence, launched in 2023 and is understood to have made job cuts last year, with eight staff
Videobot raises €2.8 million to merge short videos and chatbots Turku-based Videobot, an omnichannel interactive short-form video platform, has announced the closing of their €2.8 million funding round to continue developing customer experience journeys through its video experience (VX) platform. The funding round was led by Volta Ventures, Expon Capital,
VRAI secures €5 million to prove that in defence training, seeing is believing VRAI, a Dublin-based startup focused on military and defence applications of VR, Mixed Reality and simulations, has raised €5 million in a Series A led by VC firm Beringea. VRAI has raised €3 million to date from
Universal DX secures €20 million loan from EIB to advance early cancer detection Seville-based Universal DX, a HealthTech startup, has secured a €20 million loan from the European Investment Bank (EIB) to support the development and commercialisation of its blood-based liquid biopsy solutions. The funding will drive the expansion of
Maritime tech consolidator ZeroNorth secures €19 million for energy and digital transformation ZeroNorth, a Copenhagen-based tech company focused on the maritime industry, has just announced a €19 million debt financing from CIBC Innovation Banking to fuel its growth strategy through M&A. Søren Meyer, CEO of ZeroNorth, said: “The maritime industry
Taktile raises €51.5 million to help risk experts in financial services adopt AI for decision-making Taktile, a decision automation platform with offices in Berlin, London and New York, has raised €51.5 million in a Series B funding round, to continue optimising risk management strategies across the entire customer lifecycle. The