Good news from around Europe
Money in, Money out: Mimo raises €7 million for its B2B payments solution London-based Mimo, a FinTech platform simplifying global payments, cash flow, and financial management for SMBs and accountants, has raised €7.7 million of new investment to build out its B2B payments solution and expand its headcount. The funding
Mobile gaming giant Scopely acquires Pokémon Go’s developer Niantic for $3.5 billion Niantic says it is spinning off its geospatial AI business into a new company, Niantic Spatial. Powered by WPeMatico https://en.ain.ua/2025/03/12/scopely-acquires-niantic-for-35-billion/
Google co-founder launches new AI startup for manufacturing optimization Currently, information about this project is very limited. Powered by WPeMatico https://en.ain.ua/2025/03/12/google-co-founder-launches-new-ai-startup/
Ukraine is launching Diia.City Invest. The initiative will allow to set up a VC fund in one week In the initial phase, small venture capital funds of up to €20 million will be created. Powered by WPeMatico https://en.ain.ua/2025/03/12/ukraine-is-launching-diiacity-invest/
EU to impose counter-tariffs on $28 billion worth of US goods On March 12, 2025, Trump’s increased tariffs on steel and aluminum imports came into effect. Powered by WPeMatico https://en.ain.ua/2025/03/12/eu-to-impose-counter-tariffs-on-us/
Estonian Frankenburg Technologies raises €4M investment. The company makes anti-drone systems for Ukraine Estonian defense company Frankenburg Technologies has secured €4 million investment to develop anti-aircraft missiles. Powered by WPeMatico https://en.ain.ua/2025/03/12/estonian-frankenburg-technologies-raises-eur4m/
Northvolt collapse stirs investor unease: Its a bitter pill to swallow Powered by WPeMatico https://sifted.eu/articles/northvolt-bankrupt-vc-reaction-ev-battery/
Mistral, Klarna join 100+ founder initiative to supercharge next generation of young European startups Powered by WPeMatico https://sifted.eu/articles/project-europe-invest-young-founders/
From pioneer to bankruptcy: The rise and fall of Northvolt Powered by WPeMatico https://sifted.eu/articles/northvolt-bankrupt-sweden-tech-latest/
Northvolt files for bankruptcy in Sweden Powered by WPeMatico https://sifted.eu/articles/northvolt-files-for-bankruptcy-in-sweden/