Good news from around Europe
4th Call for Thematic Projects: Final Results are out! The Monitoring Committee of the Interreg Euro-MED Programme met today, March 6, 2025, in Marseille and approved 23 projects out of 167 applications received. All project Lead Partners will be officially notified of this decision in the coming days. Discover the list of approved projects.
SoftBank-backed OakNorth sees new lending drive up profits OakNorth, the UK challenger business bank, has reported a 15 per cent increase in pre-tax profits to £215m in 2024, driven by new lending in the UK and the US where it has recently launched. OakNorth, which is backed by SoftBank, the
Alpine Eagle raises €10.25M for air-to-air counter-drone system German defence tech startup Alpine Eagle has raised €10.25 million in Seed funding. Founded in 2023 by CEO Jan-Hendrik Boelens (former Airbus chief engineer, Volocopter CTO, Quantum Systems CTO) and Director Timo Breuer (former Microsoft Research, Fraunhofer Gesellschaft scientist), Alpine Eagle has
Tech Investment in Europe Drops 30% YoY but Surges 70% from 2023 According to the Tech.eu database, European tech companies secured €6.1 billion in funding across approximately 321 deals in February 2025. Click to read the rest of the news. Powered by WPeMatico https://tech.eu/2025/03/06/february-report-2025/
Meet the Latest Speakers Set to Take the Stage at the Tech.eu Summit London 2025 As excitement builds for the Tech.eu Summit London 2025, we are delighted to announce the third round of distinguished speakers who will take the stage on March 25-26, 2025, at the Queen Elizabeth II Centre in
Axelera AI raises €61.6M and unveils high-performance AI chiplet Today Axelera AI, a provider of purpose-built AI hardware for generative AI and computer vision inference at the edge, announced a €61.6 million raise. Despite the growing AI market, concerns around the performance, cost, efficiency and sustainability of cloud-based solutions are
DeepScout raises €600K to optimise e-commerce pricing with AI DeepScout, a Prague-based AI startup, has secured €600k in funding to enhance e-commerce pricing and assortment strategies with its automated market intelligence platform. The round was led by startup studio Miton, which invested €200K upfront with an option for an additional
Purpose-led olive oil business Citizens of Soil secures €2.1 million London-based extra virgin olive oil company Citizens of Soil, a DTC business bringing premium olive oil from small-batch, family-run farms to consumers, has secured €2.1 million in Seed funding. The round was co-led by FIGR Ventures and a private family office,
TRIMTECH Therapeutics raises €28.6 million for treatment of neurodegenerative diseases Cambridge-based TRIMTECH Therapeutics, a BioTech company harnessing targeted protein degradation (TPD) for the treatment of neurodegenerative diseases, announced the closing of its €28.6 million Seed funding round. The financing was led by Cambridge Innovation Capital (CIC) and SV Health Investors’
Ocean Ledger secures €900k to increase accuracy of coastal risk management London-based Ocean Ledger, a geospatial analytics startup, announces their €900k pre-Seed round to scale its solutions that forecast coastal risk and identify interventions for engineering firms, municipalities, environmental services, and insurance. The round was led by Ananda Impact Ventures