Good news from around Europe
Czech Republic: From steady roots to dynamic growth The Czech tech ecosystem has emerged as a dynamic and increasingly influential force in the national economy. According to the Smart Market Report 2025, Czech startups contribute over 5% to the country’s GDP and employ more than 150,000 people. With deep roots
British Treble Peak raises £5M to digitise private market access London-based Treble Peak, a platform focused on streamlining access to private markets, has secured £5M to expand its technology and operations across the UK and Europe. European financial figures, including René Beltjens, former Chairman of Alter Domus, invested. Tor Erland
Mynt and Visa join forces to simplify SME finance with scalable SaaS solutions Today, Swedish-founded SaaS fintech Mynt announced an expanded reseller partnership and investment from digital payment provider Visa. Mynt, founded in Stockholm in 2018, offers corporate cards to over 16,000 of its business customers which, through Mynt’s platform,
Meet the EIC-backed startups that will present on stage at this year’s EU-Startups Summit As part of this year’s EU-Startups Summit, we’re excited to introduce a special section dedicated to showcasing some of Europe’s most promising AI-focused startups. Taking place on 24 April at 16:30 on the Stepup Startups stage,
Investment firm Northern Gritstone secures €58 million for life sciences and DeepTech Manchester-based Northern Gritstone, the life sciences and DeepTech investment firm, has announced its latest fundraise of €58 million from leading institutional investors bringing its total permanent capital to €422 million. €40 million of the new funding commitments come
VC Firm Revent launches €100 million Fund II for Founders engaged in systemic change Berlin-based Revent, the specialist VC Firm built for Founders solving mission-critical problems, announces the launch of Fund II, a €100 million vehicle dedicated to investing in early-stage European companies securing societal and planetary health. Revent’s new
“A true Founder’s Fund”: DIG Ventures closes €90 million Fund for early-stage startups London-based DIG Ventures, an early-stage VC firm backing European B2B SaaS, AI and cloud infrastructure startups, has announced the successful closing of a €90 million Fund – the firm’s first institutional fund. Institutional LPs backing the new
Revolut is fined €3.5M by Lithuania’s Central Bank over anti-money laundering failures On April 8th, the Bank of Lithuania said it had fined Revolut €3.5 million over “violations and shortcomings in the monitoring of business relationships and [transactions]”. Powered by WPeMatico https://en.ain.ua/2025/04/10/revolut-is-fined-eur35m/
Estonian company Fractory secures fresh funding and appoints Bjoern Klaas as its new CEO Fractory offers engineering businesses streamlined access to a range of manufacturing services, including metal cutting, CNC machining, bending, finishing, and assembly. Powered by WPeMatico https://en.ain.ua/2025/04/10/fractory-secures-fresh-funding-and-appoints-new-ceo/
Elon Musk’s xAI makes its flagship Grok 3 model available via API Several months have passed since the launch of Grok 3 and now it is available to developers. The company offers two versions of the model via AP. Powered by WPeMatico https://en.ain.ua/2025/04/10/grok-3-available-via-api/