Good news from around Europe
French unicorn Pennylane scores €75M funding, as CapitalG joins investor roster Pennylane, the French accounting software unicorn, has raised €75m in a funding round co-led by Sequoia Capital, Alphabet’s CapitalG, and Meritech Capital Partners, with DST Global also participating. CapitalG, which is Alphabet’s venture unit, and Meritech are first-time investors
Running a startup with your wife is “draining”, says co-founder of Tom Blomfield-backed Gen H The co-founder of a fintech mortgage lender backed by Monzo’s Tom Blomfield says working with your co-founder wife is “draining”, reflecting on the five and a half years they ran the startup together. Gen H,
Accure Therapeutics secures $1.6M from Michael J. Fox Foundation and Luxembourg national research Fund Barcelona neuroscience R&D company Accure Therapeutics has received two grants totalling €1.46 million for two separate development programs on its drug candidate ACT-02. ACT-02 is a novel asset with disease-modifying potential, inhibiting Prolyl Endopeptidase (PREP), a
AI powerhouse Model ML acquires Flippr Decision-making platform Model ML has acquired Flippr, known for its best-in-class document AI agents, in a deal that signals a major push for dominance in the trillion-dollar professional services market. Model ML transforms finance and professional services, helping professionals make high-stake decisions faster and more accurately,
Aelius Biotech raises £750K for animal-free drug and food testing A UK biotech company whose unique laboratory gut model is used to trial new drugs and foodstuffs without the need for animal testing has raised a further £750,000 from the North East Venture Fundsupported by the European Regional Development Fund
Miss Moneypenny Technologies raises €7 million for its SaaS Wallet Studio platform Berlin-based Miss Moneypenny Technologies, the company behind the SaaS Wallet Studio platform, announces an €7.3 million Seed round to further its global growth strategy and market expansion. The funding round was led by European VC Firm Earlybird, with
Summit after-hours: Side events, hidden gems, and local highlights! With the EU-Startups Summit 2025 just around the corner, we’re excited to welcome you back to the sunny shores of Malta! Beyond two days of inspiring keynotes, vibrant networking, and startup showcases, the Summit is also an invitation to explore one
Osney Capital unveils first UK cybersecurity Seed Fund, surpassing €58 million target Cheltenham-based VC Firm Osney Capital today announced the first close of its debut Fund to invest in the British cybersecurity startups, marking it the UK’s first specialist cybersecurity Seed Fund – the Fund is oversubscribed from its original
Atempo Growth secures €300 million for the first close of its second Fund, Atempo Growth II London-based Atempo Growth, a venture debt manager, announced today the first close of €300 million towards it’s second Fund, Atempo II, bringing total assets under management by the firm to over €700 million. Following
pyannoteAI raises €8 million to build the first Language-Agnostic Speaker Intelligence Platform Paris-based pyannoteAI, an innovator in Speaker Intelligence AI, today announced the successful closing of its €8.1 million Seed funding round to ensure that AI not only recognises words but also understand who is speaking, how they are speaking,