Month: May 2025

Klarna Q1 revenues climb to $700M but losses widen

Klarna Q1 revenues climb to $700M but losses widen Klarna today said US growth has helped lift revenues 13 per cent year-on-year to $701m in Q1, but losses more than doubled to $99m at the BNPL fintech. The Swedish fintech, most well-known for its BNPL offering, did not divulge fresh

10 per cent of the economy still runs on paper — MyDello wants to change that

10 per cent of the economy still runs on paper — MyDello wants to change that Freight and shipping — including all modes of transport — account for approximately 10–12 per cent of the global economy, with maritime shipping alone handling the vast majority of international trade by volume. Yet

Banani AI Is building the Canva of product design — and it starts with a prompt

Banani AI Is building the Canva of product design — and it starts with a prompt Designing user interfaces is traditionally a slow, fragmented process, burdened by too many tools, too much back-and-forth, and not enough automation, especially for small businesses and early entrepreneurs.   But a Ukrainian-founded and Berlin-based startup

Danish investor PSV Tech launches a €70 million Fund II to support the next tech giants of the Nordics

Danish investor PSV Tech launches a €70 million Fund II to support the next tech giants of the Nordics Copenhagen-based early-stage investor PSV Tech today announces the launch of Tech Fund II with a target of €70 million, aiming to strengthen the Nordic region’s position as a technological powerhouse in

British HealthTech startup Envoke raises further €1.1 million to develop “flight simulator for lab equipment”

British HealthTech startup Envoke raises further €1.1 million to develop “flight simulator for lab equipment” Leeds-based Envoke, a HealthTech startup developing simulation software that enables medical staff to train to use laboratory equipment and troubleshoot problems, has raised an additional €1.1 million. NPIF – Mercia Equity Finance, which is managed

Berlin’s Emerge Tech nabs funding to bring AI-powered employer branding to SMEs – no agency needed

Berlin’s Emerge Tech nabs funding to bring AI-powered employer branding to SMEs – no agency needed German HRTech startup Emerge Tech has secured funding from High-Tech Gründerfonds (HTGF) and the Heimatboost investment community in order to support product development and preparation for a Seed round planned for late 2025. Daniel

Spanish startup Catalyxx secures €3 million to boost its sustainable chemicals R&D centre

Spanish startup Catalyxx secures €3 million to boost its sustainable chemicals R&D centre Seville-based startup Catalyxx, specialised in converting bioethanol into sustainable chemical products, has closed a €3 million funding round led by Axon Partners Group to drive development of the company’s facility, focused on producing renewable chemicals and sustainable

Revolut bets big on France with €1 billion investment and dual HQ model

Revolut bets big on France with €1 billion investment and dual HQ model Revolut, the London-based FinTech giant, has unveiled plans to invest over €1 billion in France over the next three years, marking a significant milestone in its expansion strategy across the European Economic Area (EEA). Announced during today’s

Ukrainian startup Banani AI raises €850,000 in pre-seed funding

Ukrainian startup Banani AI raises €850,000 in pre-seed funding The startup team is looking for new employees. Powered by WPeMatico https://en.ain.ua/2025/05/19/banani-ai-raises-eur850000-in-pre-seed-funding/

What are Digital Twins and how this technology is changing the world?

What are Digital Twins and how this technology is changing the world? AIN tried to figure out how this technology works and how it is changing global industries of today. Powered by WPeMatico https://en.ain.ua/2025/05/19/what-are-digital-twins-and-how-this-technology-is-changing-the-world/