Good news from around Europe
The Ministry of Defence-spun out startup factory you’ve never heard of We often discuss startups partnering with government institutions — and when the government is the client, we often focus on the challenges that come with it. But in the UK, startups are actually spun out of government, transforming public-sector
DESKi closes $6M seed to expand AI in early disease detection Bordeaux-based healthtech startup DESKi has closed a $6 million seed round. The round was led by Racine² (Serena & makesense), with BNP Paribas Développement, Épopée Gestion, Good Only Ventures, Better Angle, and NACo participating. The funds will support DESKi’s
Pelico scores $40M to transform fragmented global supply chains Supply chain orchestration platform Pelico today announced a $40 million strategic financing round to accelerate its fast-growing North American footprint. It brings the company’s total funding to $72 million. Pelico enables manufacturers to address the growing challenge of fragmented supply chains
French HealthTech company DESKi raises €5.2 million for its cardiac imaging software Bordeaux-based DESKi, a HealthTech company developing AI-powered diagnostic tools, today announced the close of a €5.2 million Seed round to support the U.S. and global market launch of its FDA-approved cardiac imaging software, HeartFocus. The Seed round was
Swedish FinTech startup Polar raises €8.6 million for its monetisation platform Stockholm-based Polar has announced a €8.6 million Seed funding round to expand its remote-first team across Europe and invest in growth, developer relations, and strategic partnerships throughout the payments ecosystem. The round was led by Accel, with continued backing
“From the shop floor to the boardroom” – Paris-based Pelico raises €34.7 million to advance GenAI in its Supply Chain Orchestration platform Pelico, a French Supply Chain Orchestration platform innovating complex manufacturing operations, announced today a €34.7 million strategic financing round to accelerate its North American footprint. Led by General
VC merger creates PXN Group – a €783 million investment powerhouse for the north of the UK Edinburgh-based Par Equity and Manchester-based Praetura Ventures, two prominent British investors, will be merging to create PXN Group – a new venture capital and investment firm with over €783 million in assets under
German FinTech startup NaroIQ raises €5.8 million to establish European fund infrastructure Cologne-based NaroIQ, a FinTech Startup developing a platform that enables companies to launch and manage ETFs and funds with lower cost and effort, has raised more than €5.85 million in a Seed financing round in order to expand
Finnish Swarmia raises €10M to power the future of engineering productivity Swarmia, a Helsinki-based SaaS company behind a leading software engineering intelligence platform, has raised €10 million in fresh funding to accelerate its mission of transforming how engineering teams operate. The round was co-led by DIG Ventures and Karma Ventures,
Finnish Hypermine secures seed funding to advance ai-powered mining technology Hypermine, a spinout of VTT Technical Research Centre of Finland, has announced the successful closure of its seed funding round. The funding round consists of private equity investments from Stephen Industries and Sage Enterprises, as well as an Intellectual Property