Month: April 2025

VC Firm Revent launches €100 million Fund II for Founders engaged in systemic change

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

“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

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

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

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/

BPM Capital finances management buy-in of Medical Mazella to drive packaging sector expansion

BPM Capital finances management buy-in of Medical Mazella to drive packaging sector expansion Estonian investment firm BPM Mezzanine Fund II has financed a management buy-in (MBI) transaction in the rigid polymer packaging sector, supporting the acquisition of Medical Mazella Sp. z o.o.. The company is a Polish manufacturer of specialized