Good news from around Europe
ELVA11’s growth accelerates with €1.8 M investment from TUV ELVA11, a fast-growing software and AI developer, has raised €1,8 million ( SEK 20 million) funding, led by Tech Universal Ventures (TUV). Founded by Jim Roslund, ELVA11 builds software solutions and advanced AI capabilities that help organisations streamline operations and enhance
Czech medtech Kardi AI raises €1.1M to expand heart monitoring tech Czech healthtech startup Kardi AI, which has built an AI-powered chest strap that detects heart arrhythmias, has closed a €1.1M round to support international expansion and the advancement of clinical validation. The investment round included contributions from existing backers
Volution launches $100M fund to close Britain’s tech scale-up gap UK-based venture capital firm Volution has announced the launch of its second fund, a $100M vehicle designed to address structural funding challenges faced by high-growth tech companies in the UK. The new fund is backed by a co-GP partnership with Japan’s
The Pitch Doctor helping investors raise funds Startups spend hours pitching their startups through decks, competitions, and endless meetings with investors. But the folks they woo also have to raise funds, in an environment where fundraising has become increasingly complex. And just as hard, if not harder. But now there’s
Barcelona’s Aldea Ventures secures €50M for second fund to back frontier micro-VCs Aldea Ventures, a pan-European fund of funds focused on specialist, early-stage VC managers in frontier technology, has announced a €50M first close of its second fund, Aldea II, which is targeting a total raise of €125M. With this
Czech startup Kardi AI secures €1.1M in funding to develop its cardiac health solution This investment is also accompanied by a significant shift in Kardi AI’s leadership, as Vlastimil Hrabal takes on the role of the company’s director. Powered by WPeMatico https://en.ain.ua/2025/04/28/czech-startup-Kardi%20AI-secures-1.1M/
Elon Musk plans to raise $20B for the newly created XAI Holdings This could be the second-largest funding round in startup history. Powered by WPeMatico https://en.ain.ua/2025/04/28/elon-musk-plans-to-raise-20b-for-xai-holdings/
Ukrainian company Fintech Farm joins Endeavor, a global community of entrepreneurs The company now gets access to a wide network of mentors and investors. Powered by WPeMatico https://en.ain.ua/2025/04/28/fintech-farm-joins-endeavor/
Lithuanian legaltech Amberlo is acquired by stp.one to accelerate AI-driven legal tech innovation in Europe. The deal marks an exit for Iron Wolf Capital Following the acquisition, Amberlo will benefit from stp.one’s resources, accelerating the development of smarter, cloud-based legal tools for law firms. Powered by WPeMatico https://en.ain.ua/2025/04/28/amberlo-is-acquired-by-stpone/
China’s Huawei is developing a new AI chip as an alternative to Nvidia processors The new chip, called the Ascend 910D, is supposed to be an alternative to high-performance products from the American manufacturer Nvidia. Powered by WPeMatico https://en.ain.ua/2025/04/28/huawei-is-developing-a-new-ai-chip/