Good news from around Europe
Boosting industrial efficiency: RIIICO’s AI solution raises $5M in Seed funding German deeptech industrial startup RIIICO has raised $5 million in Seed funding. RIIICO develops an AI-based software platform that enables industrial companies to digitally model, redesign, and quickly adapt their established factories (brownfields) to new products or processes. It
OneBalance raises $20M to deliver seamless cross-chain UX for stablecoins and crypto UK-based developer platform OneBalance has raised $20 million in a Series A round to solve one of crypto’s biggest problems – fragmented onchain user experience. The round was led by cyber•Fund and Blockchain Capital, with participation from Mirana
Perci Health secures £3M to expand AI-powered virtual cancer clinic Virtual cancer clinic Perci Health has raised £7.7 million funding, after closing a new £3 million round, doubling the original £1.5 million target. This includes a £295,000 investment from Macmillan Cancer Support, further solidifying the charity’s belief in Perci Health’s mission
Sefit health secures CHF150,000 to help people with sensory overload thrive Swiss startup Sefit health secured CHF150,000 from Venture Kick to help people with sensory overload thrive. Sefit health is developing Virtual Reality-based therapeutic tools to help individuals with impaired stimulus filtering (such as those with ADHD, ASD, or migraines)
Wandercraft brings in $75M for global acceleration of AI-powered robotics French robotics company Wandercraft, known for its cutting-edge exoskeletons for medical and industrial use, has secured $75 million as part of its Series D funding round. With over a decade of experience and a neural network trained on billions of
London-based scale-up Perci Health raises €4 million to scale AI-driven virtual cancer clinic HealthTech scale-up Perci Health, a comprehensive virtual cancer clinic out of the UK, has successfully closed a €4 million funding round, double the original €2 million target and reaching a total of €10.4 million in funding. This
French Wandercraft raises €64.3 million to take robotics from hospitals to homes and factory floors Wandercraft, a Paris-based robotics company developing self-balancing exoskeletons and humanoid robots, has announced a significant funding milestone with the close of its Series D round totaling €64.3 million. The round was supported by backers including
Paris-based Arlequin AI secures €4.4 million to fight disinformation with sovereign, unsupervised AI Arlequin AI, a French startup specialising in AI applied to data operations, today announced the closing of a €4.4 million Seed funding round to combat the rising tide of disinformation and restore trust in strategic data insights.
The rise of dual-use innovation: Latvia’s startups making global strides (Sponsored) In recent years, Latvia has been gaining recognition within Europe’s dual-use innovation landscape, where cutting-edge technologies serve both civilian and defence applications. This year’s Deep Tech Atelier in Riga, the Baltic region’s premier deep tech conference, spotlighted how local
London-based cryptocurrency startup OpenTrade raises €6.1 million to expand stablecoin yield access OpenTrade, a British infrastructure platform powering RWA-backed stablecoin yield products, announced today it raised an additional €6.1 million in strategic funding to enable wider access to dollar- and euro-denominated yields. This funding was led by Notion Capital and