Good news from around Europe
Storytelling and capitalisation training for Interreg Euro-MED projects This spring brings a special gift from the Interreg Euro-MED Joint Secretariat! One of the most experienced and EU-focused trainers on the market will address the needs of our projects’ communication officers in a 5-session course on storytelling and capitalisation. Do not
Revolut slapped with €3.5M fine by Lithuania’s central bank over money laundering prevention failings Revolut has been hit with a €3.5m fine by Lithuania’s central bank, after it was found to have flouted money laundering prevention rules. The Bank of Lithuania carried out a scheduled inspection of Revolut, during which it identified
BLNG secures $3M for AI jewellery design French fashiontech BLNG has raised $3M to accelerate its commercialisation phase and provide generative AI to the jewelry industry. The investment round, led by Speedinvest, with additional participation from Cove Fund, eSeed, and Focal, will enable BLNG to expand its team in Europe
Beating the odds in biotech: inside one investor’s strategy for high-risk drug discovery I recently attended the healthspan Hevolution conference in Riyadh, an event focused on health across the lifespan, biotech, regenerative medicine and age-related disease. During a panel discussion on investment in health science, panellist Dr Werner Lanthaler, CEO
Soft2Bet: Transforming Gamification Across Industries [Sponsored] In a digital space dominated by giants like Netflix, TikTok, and social media, companies in competitive sectors must work harder than ever to capture user attention. Innovative providers like Soft2Bet have long recognised gamification as a powerful tool, using game-like elements to enhance engagement
Ingenix raises €9M Seed for clinical drug trial simulations Polish biotech startup Ingenix has raised €9 million Seed funding for its development of a pioneering model for simulating clinical trials. Ingenix is a proprietary multimodal and multiscale generative AI co-pilot for clinical development, created to enable accurate simulation of clinical
UP Catalyst raises €18 million to advance the EU’s critical raw material production UP Catalyst, a Tallinn-based company specialising in transforming industrial CO2 emissions into locally produced critical raw materials, has secured an €18 million loan from the European Investment Bank (EIB). This financing is crucial for scaling up the
Untamed raises €11.6 million to revolutionise feline nutrition with “human-grade” quality London-based Untamed, a “pantry fresh, human-grade” cat food brand, today announces a Series B funding round of €11.6 million to continue to grow the brand’s offering and global reach. The round’s investment was led by a new cap table
Qevlar AI raises €9 million to supercharge security operations centres with agentic AI Paris-based Qevlar AI, a startup developing a new class of autonomous security operations centres (SOCs), today announces it has secured an additional €9.1 million in funding, bringing total investor commitments to €12.8 million. Funding will be used
NexGen Cloud secures €41 million to expand sovereign AI infrastructure in Europe London-based NexGen Cloud, a technology firm specialising in AI infrastructure, shared today the successful closure of its Series A funding round, raising a substantial €41 million, with a post-money valuation of €323 million. This investment, primarily from high-net-worth